2024-12-19
The Office of the Deputy Governor for Financial Supervision Sector issued Circular Letter CL-2024-056 to list approved applications for new banking offices and opened banking offices during the third quarter of 2024. The document details specific approvals and openings for Universal and Commercial Banks, Thrift Banks, and Rural and Cooperative Banks across various Philippine cities and municipalities. This regulatory notice serves as an official record of the expansion activities authorized by the central bank authority during the specified 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 3rd Quarter of 2024 For information, listed below are the (1) approved applications for new banking offices, and (2) opened banking offices during the 3 rd Quarter of 2024: 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 Approved City/Municipality 3. A Rural Bank of Tanjay, Inc. (TNJAY) Branch-lite Unit Branch-lite Unit 30-Aug-2024 30-Aug-2024 Bago, Negros Occidental San Carlos, Negros Occidental 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 2. BDO Network Bank, Inc. (A Rural Bank) (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 26-July-2024 31-July-2024 30-Aug-2024 04-Sep-2024 06-Sep-2024 20-Sep-2024 25-Sep-2024 27-Sep-2024 27-Sep-2024 Compostela, Cebu Daanbantayan, Cebu Tapaz, Capiz Libon, Albay Allacapan, Cagayan Delfin Albano, Isabela Liliw, Laguna Pagudpud, Ilocos Norte Victoria, Laguna 3. Card MRI Rizal Bank, Inc. A MicrofinanceOriented Rural Bank (MRIRB) Branch-lite Unit 29-July-2024 Barobo, Surigao del Sur 4. Cebuana Lhuillier Rural Bank, Inc. (CLHUI) Regular Branch Regular Branch 01-July-2024 03-Sep-2024 South Cotabato Angeles City 5. Innovative Bank, Inc. (A Rural Bank) (INNOV) Branch-lite Unit 17-Sep-2024 Quezon City 6. Lifebank – A Rural Bank (LFEBK) Branch-lite Unit Branch-lite Unit Branch-lite Unit 01-July-2024 01-Aug-2024 27-Aug-2024 Igbaras, Iloilo Iloilo City New Washington, Aklan 7. Rural Bank of Bansud (Oriental Mindoro), Inc. (BNSUD) Branch-lite Unit 08-Aug-2024 Bulalacao, Oriental Mindoro 8. Rural Bank of San Narciso, Inc. (SNZAM) Branch-lite Unit 27-Aug-2024 Guagua, Pampanga
Page 5 of 5 Bank Name Type of Office Date Opened City/Municipality 9. Top Bank Philippines, Inc. (A Rural Bank) (TOPRB) Regular Branch 15-July-2024 Guiguinto, Bulacan
CHUCHI G. FONACIER Deputy Governor
19 December 2024