Regulatory Alerts2025-05-08
BDO Network Bank, Inc. – Upgrade to a Thrift Bank License and Change of Trade Names
The Bangko Sentral ng Pilipinas approved BDO Network Bank, Inc.'s upgrade from a rural bank to a thrift bank license, effective May 5, 2025. This regulatory change follows the Securities and Exchange Commission's approval of the institution's amended Articles of Incorporation and By-Laws in December 2024. Consequently, the bank has updated its trade names to reflect its new status as a savings bank.
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