2024-03-26
The Office of the Deputy Governor for Financial Supervision Sector issued Circular Letter CL-2024-015 to list approved applications for new banking offices and opened banking offices during the fourth quarter of 2023. The document details specific expansions by universal, commercial, thrift, and rural banks, including entities such as BDO Unibank, Land Bank of the Philippines, and various cooperative banks across multiple Philippine cities. This regulatory notice serves as an official record of the approved branch locations, office types, and their respective opening or approval dates for the period.
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OFFICE OF THE DEPUTY GOVERNOR I FINANCIAL SUPERVISION SECTOR CIRCULAR LETTER NO. CL-2024- To : All Banks Subject : Approved Applications for New Banking Offices and Opened Banking Offices During the 4 th Quarter of 2023 For information, listed below are the (1) approved applications for new banking offices, and (2) opened banking offices during the 4 th Quarter of 2023: Bank Name Type of Office Date Approved City/Municipality I. APPROVED APPLICATIONS FOR NEW BANKING OFFICES A. UNIVERSAL AND COMMERCIAL BANKS
Page 2 of 5 Bank Name Type of Office Date Opened City/Municipality 3. Rang-ay Bank, Inc. (A Rural Bank) (RANBK) Branch-lite Unit 21-Dec-2023 Caba, La Union 4. Rural Bank of San Narciso, Inc. (RBSNI) Branch-lite Unit Branch-lite Unit 15-Nov-2023 15-Nov-2023 Angeles City Guagua, Pampanga II. OPENED BANKING OFFICES Bank Name Type of Office Date Opened City/Municipality A. UNIVERSAL AND COMMERCIAL BANKS
Page 3 of 5 Bank Name Type of Office Date Opened City/Municipality B. THRIFT BANKS
Page 4 of 5 Bank Name Type of Office Date Opened City/Municipality 3. Camalig Bank, Inc. (A Rural Bank) (CBIRB) Regular Branch 01-Oct-2023 Nabua, Camarines Sur 4. Cooperative Bank of Cotabato (CCOT) Regular Branch 16-Nov-2023 Santa Cruz, Davao del Sur 5. Cooperative Bank of Nueva Vizcaya (CNVIZ) Regular Branch 13-Nov -2023 Talavera, Nueva Ecija 6. Country Builders Bank, Inc. (A Rural Bank) (CBBRB) Regular Branch 21-Dec-2023 Santa Ana, Cagayan 7. First Isabela Cooperative Bank (FICOBANK) (FICO) Regular Branch 08-Nov-2023 Camiling, Tarlac 8. Lagawe Highlands Rural Bank, Inc. (LHGL) Regular Branch Branch-lite Unit 01-Dec-2023 07-Dec-2023 Cordon, Isabela Lamut, Ifugao 9. Lifebank – A Rural Bank (LFEBK) Branch-lite Unit Branch-lite Unit Branch-lite Unit Branch-lite Unit Branch-lite Unit 09-Oct-2023 13-Nov-2023 01-Dec-2023 Concepcion, Iloilo Dumarao, Capiz Makato, Aklan Sibunag, Guimaras Carles, Iloilo 10. Mindanao Consolidated Cooperative Bank (MCCB) Regular Branch 31-Oct-2023 Kibawe, Bukidnon 11. Rural Bank of Apalit, Inc. (APLIT) Regular Branch Regular Branch 23-Oct-2023 27-Oct-2023 San Mateo, Rizal Pulilan, Bulacan 12. Rural Bank of Escalante (Negros Occidental), Inc. (ESCAL) Branch-lite Unit 09-Oct-2023 Salvador Benedicto, Negros Occidental
Page 5 of 5 Bank Name Type of Office Date Opened City/Municipality 13. Rural Bank of Tanjay, Inc. (TNJAY) Branch-lite Unit 27-Oct-2023 Kabankalan City 14. Southeast Country Bank, Inc. (A Rural Bank) (SOUTH) Regular Branch 08-Nov-2023 Parañaque City
CHUCHI G. FONACIER Deputy Governor
26 March 2024