Rural Bank of Sto. Tomas (Davao Del Norte), Inc.

October 7, 2013 BANK BULLETIN NO. 21-13 TO : All BIR Authorized Agent Banks SUBJECT : Rural Bank of Sto. Tomas (Davao Del Norte), Inc. Effective immediately, all Authorized Agent Banks are hereby advised not to accept RURAL BANK OF STO. TOMAS (DAVAO DEL NORTE), INC. checks, as well as taxpayers' checks drawn from the said Bank, in payment of internal revenue taxes. This advisory is in view of the letter of Philippine Deposit Insurance Corporation (PDIC) dated September 16, 2013 informing the Bureau of Internal Revenue of the issuance of Monetary Board Resolution No. 1469 dated September 13, 2013 which prohibited RURAL BANK OF STO. TOMAS (DAVAO DEL NORTE), INC. with Head Office address at R. Magsaysay Avenue, Sto. Tomas, Davao del Norte from doing business in the Philippines and placed the same under receivership with the PDIC as the designated Receiver. The Bank has two (2) branches, Braulio E. Dujali and Asuncion located at Poblacion, Braulio E. Dujali and Poblacion, Asuncion, Davao del Norte, respectively. TIADCc For your guidance and strict compliance. (SGD.) KIM S. JACINTO-HENARES Commissioner of Internal Revenue