BULLETIN | ||||||
BULLETIN NO. 2010-24 | ||||||
| ||||||
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. 1159 dated August 26, 2010 to prohibit RURAL BANK OF PITOGO (QUEZON), INC. (“Bank”) with Head Office address at A. Mabini St., Pitogo, Quezon 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 one (1) branch located at Catanauan, Quezon. The PDIC took over the Bank, its branch, assets, records and affairs on August 27, 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.
August 27, 2010 | ||||||
back |