May 14, 2012

Change of corporate name of RB Ormoc City, Inc.

To all member banks, please be informed that the change of corporate name of Rural Bank of Ormoc City, Inc. has been approved by the Bangko Sentral ng Pilipinas.  Thus, RB Ormoc City, Inc.  is now known as Bank of Ormoc, Inc.  (A Rural Bank). Kindly click the attached link cl034 to view the one-page …

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Guidelines in Strengthening Corporate Governance

As part of the Bangko Sentral’s commitment to continuously strengthen corporate governance in all of its’ supervised financial institutions, Circular 749 has been amended in accordance with Resolution No. 625 of the Monetary Board. This is also to harmonize the existing BSP guidelines with those of the Principles for Enhancing Corporate Governance issued by the …

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