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Change of Name of Orion Savings Bank, Inc.

BSP Circular Letter No. CL-2006-011 • Bangko Sentral ng Pilipinas • Circular Letters • Jun 21, 2006

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June 21, 2006 BSP CIRCULAR LETTER NO. CL-2006-011 TO : All Banks and Non-Bank Financial Institutions with Quasi-Banking Functions SUBJECT : Change of Name of Orion Savings Bank, Inc. Effective 1 May 2006, Orion Savings Bank, Inc. has changed its corporate name to Tong Yang Savings Bank, Inc. as approved by the Securities and Exchange Commission on 16 March 2006. cAIDEa For information and guidance. (SGD.) NESTOR A. ESPENILLA, JR. Deputy Governor

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