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 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.