BSP Circular Letter No. 46 (2025)
Merger of Rural Bank of Rosario (La Union), Inc. (ROSLU) and Rural Bank of Agoo, Inc. with ROSLU as the Surviving Bank
“=f BANGKO SENTRAL NG PILIPINAS
OFFICE OF THE DEPUTY GOVERNOR FINANCIAL SUPERVISION SECTOR
CIRCULAR LETTER NO. CL-2025-046
To : All BSP-Supervised Financial Institutions
Subject : Merger of Rural Bank of Rosario (La Union), Inc. (ROSLU) and Rural Bank of Agoo, Inc., with ROSLU as the Surviving Bank
The Securities and Exchange Commission approved on 27 December 2024 the Articles of Merger and Plan of Merger executed on 19 December 2022, by and between Rural Bank Rosario (La Union), Inc. (ROSLU), the surviving bank, and Rural Bank of Agoo, Inc. (AGOO), the absorbed bank, whereby the entire assets and liabilities of AGOO will be transferred to and absorbed by ROSLU.
The merger took effect on 27 December 2024. The Rural Bank of Rosario (La Union), Inc. commenced operations as a merged bank on 3 February 2025.
For information and guidance.
Digitally signed by . Javier
Date: 2025.11.13 07:31:08 +08'00'
13 November 2025
Page 1of1 FSS Licensing Form No. 02-018 * Version 1 * Updated 31 July 2024