Designating Several Parcels of Land, Located in General Trias City, Province of Cavite, for Annexation into the Existing Cavite Economic Zone

March 16, 2016 BANK BULLETIN NO. 08-16 TO : All BIR Authorized Agent Banks SUBJECT : Rural Bank of Panay, Inc. Effective immediately, all Authorized Agent Banks are hereby advised not to accept RURAL BANK OF PANAY, 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 the Philippine Deposit Insurance Corporation (PDIC) dated March 11, 2016 informing the Bureau of Internal Revenue of the issuance of Monetary Board Resolution No. 427.A dated March 10, 2016 which prohibited RURAL BANK OF PANAY, INC. with office address at Poblacion Ilaya, Panay, Capiz from doing business in the Philippines and placed the same under receivership with the PDIC as the designated Receiver. HTcADC (SGD.) KIM S. JACINTO-HENARES Commissioner of Internal Revenue