Rural Bank of Karomatan (Lanao del Norte), Inc.

November 19, 2021 BANK BULLETIN NO. 2021-19 TO : All BIR Authorized Agent Banks SUBJECT : Rural Bank of Karomatan (Lanao del Norte), Inc. Effective immediately, all Authorized Agent Banks are hereby advised not to accept checks, as well as taxpayers' checks drawn from RURAL BANK OF KAROMATAN (LANAO DEL NORTE), INC. with office address at A & A Parklane, Brgy. Poblacion, Tubod, Lanao del Norte, in payment of internal revenue taxes. This is in conformity with the Bangko Sentral ng Pilipinas (BSP) Monetary Board Resolution No. 1518.A dated November 11, 2021 prohibiting the subject bank from doing business in the Philippines and placing it under receivership with the Philippine Deposit Insurance Corporation (PDIC) as the designated receiver, as stated in the letter dated November 12, 2021 of Angel B. Obrero, Officer-in-Charge, Receivership and Bank Management Group of PDIC. For your guidance and strict compliance. (SGD.) CAESAR R. DULAY Commissioner of Internal Revenue