Regulatory Alerts2025-11-13
Merger of Rural Bank of Rosario (La Union), Inc. and Rural Bank of Agoo, Inc.
The Bangko Sentral ng Pilipinas issued Circular Letter CL-2025-046 to inform all supervised financial institutions of the merger between Rural Bank of Rosario (La Union), Inc. and Rural Bank of Agoo, Inc. The Securities and Exchange Commission approved the transaction on 27 December 2024, designating ROSLU as the surviving entity that absorbs all assets and liabilities of AGOO. The merger officially took effect on 27 December 2024, with ROSLU commencing operations as the merged bank on 3 February 2025.
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