BSP Circular Letter
BSP Circular Letter • Bangko Sentral ng Pilipinas • Circular Letters (Unnumbered) • Sep 4, 2002
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September 4, 2002 BSP CIRCULAR LETTER TO : All Banks and Non-Bank Financial Institutions with Quasi-Banking Functions The Securities and Exchange Commission (SEC) approved on July 30, 2002 the, Articles of Merger and Plan of Merger executed on April 10, 2002, and on December 1, 2000 and August 28, 2001, respectively, by and between the Network Rural Bank, Inc. (Surviving Corporation) and the Capitol Rural Bank of Tacurong (Sultan Kudarat), Inc. (Absorbed Corporation), whereby the entire assets and liabilities of the Capitol Rural Bank of Tacurong (Sultan Kudarat), Inc. will be transferred to and absorbed by the Network Rural Bank, Inc. The merger took effect on July 30, 2002. IcHAaS For information and guidance. (SGD.) ALBERTO V. REYES Deputy Governor
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