RegAlertIndividual decision · BSP · 4 Aug 2025
CL-2025-032: Naawan Community Rural Bank (Misamis Oriental), Inc. - Voluntary Surrender of Banking License
The Bangko Sentral ng Pilipinas Monetary Board approved the voluntary surrender of the banking license for Naawan Community Rural Bank (Misamis Oriental), Inc. pursuant to Resolution No. 749 dated 24 July 2025. The institution ceased operations as a bank effective 29 July 2025, and this circular serves to inform all BSP-supervised financial institutions of the regulatory change.
File/Ref. No. FSD VI-2025-05-0078j-FSD6-CL-CRNWN OFFICE OF THE DEPUTY GOVERNOR | FINANCIAL SUPERVISION SECTOR CIRCULAR LETTER NO. CL-2025-___ To : All BSP-Supervised Financial Institutions Subject : Naawan Community Rural Bank (Misamis Oriental), Inc – Voluntary Surrender of Banking License The Monetary Board, in its Resolution No. 749 dated 24 July 2025, approved the voluntary surrender by Naawan Community Rural Bank (Misamis Oriental), Inc. [CRNWN] of its banking license to the Bangko Sentral ng Pilipinas. Effective 29 July 2025, CRNWN ceased to operate as a bank. For information and guidance. MA. BELINDA G. CARAAN Sector-in-Charge 4 August 2025
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