Regulatory Alerts2024-05-10
CL-2024-024: Country Builders Bank, Inc. Change of Corporate Name to Top Bank Philippines, Inc.
The Bangko Sentral ng Pilipinas issued Circular Letter CL-2024-024 to inform all supervised financial institutions of the corporate name change for Country Builders Bank, Inc. to Top Bank Philippines, Inc. The BSP authorized this change on 19 January 2024, following the Securities and Exchange Commission's approval of the bank's Amended Articles of Incorporation and By-Laws on 30 April 2024. This circular serves as official guidance regarding the updated legal identity of the rural bank.
File/Ref. No. FSD I-2024-02-0105b-FSD1-M-CBBRB Page 1 of 1 FSS Licensing Form No. 02-019 * Version 0 * Updated 10 June 2022 OFFICE OF THE DEPUTY GOVERNOR FINANCIAL SUPERVISION SECTOR CIRCULAR LETTER NO. CL-2024 - __ To : All BSP-Supervised Financial Institutions Subject : Country Builders Bank, Inc. (A Rural Bank) – Change of Corporate Name to Top Bank Philippines, Inc. (A Rural Bank) The Bangko Sentral ng Pilipinas authorized on 19 January 2024 the change of corporate name of Country Builders Bank, Inc. (A Rural Bank) to Top Bank Philippines, Inc. (A Rural Bank). The Securities and Exchange Commission approved on 30 April 2024 the Amended Articles of Incorporation and Amended By-Laws of the Bank bearing its new corporate name. For information and guidance. LYN I. JAVIER Sector-In-Charge 10 May 2024