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PHILIPPINE DEPOSIT INSURANCE CORPORATION
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BULLETIN   
BULLETIN NO. 2010-02
TO :All Member Banks
SUBJECT :Apex Rural Bank (Bulacan), Inc.

Pursuant to Section 30 of Republic Act No. 7653 (New Central Bank Act), the Monetary Board of the Bangko Sentral ng Pilipinas issued Resolution No. 28 dated January 14, 2010 prohibiting APEX RURAL BANK (BULACAN), INC. with office address at Wawa, Balagtas, Bulacan from doing business in the Philippines and placing the same under receivership with the Philippine Deposit Insurance Corporation (PDIC) as the designated Receiver.

The PDIC took over APEX RURAL BANK (BULACAN), INC., its assets, records and affairs on January 15, 2010.

Please be advised that upon takeover of the Bank by PDIC as Receiver, all officers and employees of the Bank cease to have any authority to act for and in behalf of the Bank in what ever capacity.

CRISTINA Q. ORBETA
Executive Vice President, R/L Sector

January 18, 2010

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PDIC is a government instrumentality created in 1963
by virtue of Republic Act 3591, as amended, to insure
the deposits of all banks. PDIC exists to protect
depositors by providing deposit insurance coverage for the depositing public and help promote financial stability. PDIC is an attached agency of the Bangko Sentral ng Pilipinas.
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Hotline: (632) 8841-4141
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Fax No.: (632) 8841-4085
Email: pad@pdic.gov.ph
Client outside Metro Manila may call
Toll Free: 1-800-1-888-7342 or
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