2024-03-26

Approved Applications for New Banking Offices and Opened Banking Offices During the 4th Quarter of 2023

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

  1. BDO Unibank, Inc. (BDO) Branch-lite Unit 20-Dec-2023 Angeles City B. RURAL AND COOPERATIVE BANKS
  2. CARD MRI Bank, Inc. A Microfinance￾Oriented Rural Bank (MRIRB) Branch-lite Unit Branch-lite Unit Branch-lite Unit Branch-lite Unit Branch-lite Unit Branch-lite Unit Branch-lite Unit Branch-lite Unit Branch-lite Unit Branch-lite Unit 03-Oct-2023 Bacolod City Bacolod City Barobo, Surigao del Sur Barobo, Surigao del Sur Kabankalan City Kabankalan City Quezon City Quezon City Tagbina, Surigao del Sur Talisay City
  3. Country Builders Bank, Inc. (A Rural Bank) (CBBRB) Regular Branch 17-Oct-2023 Guiguinto, Bulacan

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

  1. BDO Private Bank, Inc. (BDOPB) Branch-lite Unit 06-Dec-2023 Iloilo City
  2. BDO Unibank, Inc. (BDO) Regular Branch Regular Branch Regular Branch Regular Branch Regular Branch 02-Oct-2023 13-Oct-2023 13-Oct-2023 18-Dec-2023 18-Dec-2023 Metro Manila Bambang, Nueva Vizcaya Bauan, Batangas Makati City San Pascual, Batangas
  3. Land Bank of the Philippines (LBP) Branch-lite Unit 01-Dec-2023 Liloan, Cebu
  4. Maybank Philippines Incorporated (MBPI) Branch-lite Unit 17-Oct-2023 Legazpi City
  5. Metropolitan Bank and Trust Company (MBTC) Regular Branch 10-Nov-2023 Rosario, La Union
  6. Security Bank Corporation (SBC) Regular Branch Regular Branch Regular Branch Regular Branch Regular Branch Regular Branch Regular Branch 26-Oct-2023 17-Dec-2023 18-Dec-2023 21-Dec-2023 28-Dec-2023 28-Dec-2023 29-Dec-2023 Hermosa, Bataan Alaminos City Cagayan de Oro City Gapan City Cebu City Kidapawan City Iligan City

Page 3 of 5 Bank Name Type of Office Date Opened City/Municipality B. THRIFT BANKS

  1. BPI Direct BanKO, Inc. A Savings Bank (BPIDB) Branch-lite Unit Branch-lite Unit Branch-lite Unit Branch-lite Unit Branch-lite Unit Branch-lite Unit Branch-lite Unit Branch-lite Unit 16-Oct-2023 26-Oct-2023 07-Nov-2023 14-Nov-2023 23-Nov-2023 21-Dec-2023 28-Dec-2023 28-Dec-2023 Balingasag, Misamis Oriental Dinalupihan, Bataan Dapa, Surigao del Norte Mexico, Pampanga Malabon City Valenzuela City Navotas City Quezon City
  2. China Bank Savings, Inc. (CBSI) Regular Branch Regular Branch Regular Branch Regular Branch Branch-lite Unit 03-Oct-2023 05-Dec-2023 07-Dec-2023 11-Dec-2023 18-Dec-2023 Kawit, Cavite Cabuyao City Cauayan City Carmona, Cavite San Francisco, Agusan del Sur
  3. Citystate Savings Bank, Inc. (CSSBI) Branch-lite Unit Branch-lite Unit Branch-lite Unit 27-Oct-2023 10-Nov-2023 17-Nov-2023 Baguio City Naga City Cabanatuan City
  4. Producers Savings Bank Corporation (PROSB) Regular Branch Regular Branch Regular Branch 13-Dec-2023 20-Dec-2023 28-Dec-2023 Subic, Zambales Angat, Bulacan Lemery, Batangas C. RURAL AND COOPERATIVE BANKS
  5. BDO Network Bank, Inc. (BDONB) Branch-lite Unit Branch-lite Unit Branch-lite Unit Branch-lite Unit Branch-lite Unit Branch-lite Unit Branch-lite Unit Branch-lite Unit Branch-lite Unit 12-Oct-2023 27-Oct-2023 29-Nov-2023 30-Nov-2023 06-Dec-2023 07-Dec-2023 12-Dec-2023 20-Dec-2023 27-Dec-2023 Davao City Sogod, Cebu Mendez, Cavite Davao City Calauan, Laguna Santa Elena, Camarines Norte Maco, Davao de Oro Ragay, Camarines Sur Bugasong, Antique
  6. Binhi Rural Bank, Inc. (Formerly: Rural Bank of Balingasag (Misamis Oriental), Inc.) (BINHI) Branch-lite Unit 04-Oct-2023 Medina, Misamis Oriental

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