This website uses information-gathering tools including cookies and other similar technology. Data generated are not shared with any other party. For more information, please refer to our privacy policy.
PHILIPPINE DEPOSIT INSURANCE CORPORATION
Deposits are insured by PDIC up to P500,000 per depositor
Home  •  Site Map  •  Contact Us  •  PDIC Mail  •  IT Support  •  Privacy Policy  •  FAQs
Banks' Corner
Regulatory Issuances,
Bulletins and Memoranda
Regulatory Issuances,
Bulletins and Memoranda
FSF Reference Guidelines
FSF Reference Guidelines
Bank Strengthening Programs
Bank Strengthening Programs
Directory of Insured Banks
Deposit Data
Deposit Data
Decals and Standees
Certified Statement
Certified Statement
Paying Bank Receipt
Client Feedback
PDIC Compendium of
Regulatory Issuances and
Related Bulletins
BULLETIN   
BULLETIN NO. 2010-09
TO :All Member Banks
SUBJECT :BMS Rural Bank, Inc.

Pursuant to Section 30 of Republic Act No. 7653, (New Central Bank Act), the Monetary Board of the Bangko Sentral ng Pilipinas decided in its Resolution No. 705 dated May 24, 2010 to prohibit BMS RURAL BANK, INC. (“Bank”) with Head Office address at #12 Doña Juana Subd., C. Raymundo Ave., Brgy. Rosario, Pasig City from doing business in the Philippines and to place the Bank under receivership with the Philippine Deposit Insurance Corporation (PDIC) as the designated Receiver.

The Bank has twelve (12) branches located at the following addresses:

Branch Address
Pasig #3 Urbano Velasco St., Brgy. Pinagbuhatan, Pasig City
Antipolo #100-A QSB Bldg., Sumulong Highway, Brgy. Mayamot, Antipolo City, Rizal
Binangonan #214 National Highway, Brgy. Calumpang, Binangonan, Rizal
Cainta Felix Ave., Karangalan Village, Cainta, Rizal
Taytay Ilog Pugad, National Road, Brgy. San Juan, Taytay, Rizal
Imus Unno along Gen. Aguinaldo Highway, G/F Lemanz Bldg., Bayan Luma, Imus, Cavite
Bacoor BMS Plaza, Brgy Niog II, Ilaya, Bacoor, Cavite
Dasmariñas Aguinaldo Highway, Salitran I, Dasmariñas, Cavite
Biñan 202 A. Bonifacio St., Canlalay, Biñan, Laguna
Calamba #10 National Highway, Brgy. Bucal, City of Calamba, Laguna
San Pedro G/F RDR Complex cor. National Road & Maharlika St., San Pedro, Laguna
Sta. Rosa Brgy. Pulong, Sta. Cruz, City of Sta. Rosa, Laguna

The PDIC took over the Bank, its branches, assets, records and affairs on May 25, 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 whatever capacity.

Very truly yours,


CRISTINA Q. ORBETA
Executive Vice President
Receivership and Liquidation Sector

May 28, 2010

back  

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.
Questions? Need Help? Click Frequently Asked Questions Trunkline.: (632) 8841-4000
Hotline: (632) 8841-4141
(for Metro Manila clients)
Fax No.: (632) 8841-4085
Email: pad@pdic.gov.ph
Client outside Metro Manila may call
Toll Free: 1-800-1-888-7342 or
1-800-1-888-PDIC