The Central Bank of the Philippines issued a circular letter notifying banks and non-bank financial institutions that its Monetary Board has approved the voluntary surrender of Rural Bank of Matag-ob (Leyte), Inc.’s banking license to the Bangko Sentral ng Pilipinas. The approval was granted under Monetary Board Resolution No. 1214 dated 11 December 2025.
Central Bank of the Philippines 2025-12-18
Central Bank of the Philippines approves voluntary surrender of Rural Bank of Matag-ob (Leyte) banking license
The Central Bank of the Philippines announced the Monetary Board's approval of Rural Bank of Matag-ob (Leyte), Inc.'s voluntary surrender of its banking license. This decision was formalized under Monetary Board Resolution No. 1214 on 11 December 2025.