BULLETIN | ||||||
BULLETIN NO. 2022-14 | ||||||
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Pursuant to Section 15 of Republic Act (R.A.) No. 11840 (An Act Amending Sections 1, 3, 4, 5, 6, 7, 8, 9, 10, 11, 13, 18, 22, 24, 26, and 28 of R.A. No. 3591, as amended, otherwise known as the Philippine Deposit Insurance Corporation (PDIC) Charter, and for Other Purposes), the consent of the PDIC to mergers, consolidations and acquisitions of banks is no longer required. For the guidance and information of all concerned. (Sgd.) ROBERTO B. TAN                       17 October 2022 | ||||||
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