merger

Official Notice of Merger

Please be informed of the BSP's Monetary Board Approval on July 02, 2026 of the merger of BPI Direct Banko, Inc. (BanKo) & Legazpi Savings Bank (LSB) with BanKo as the surviving bank. Merger effective on October 01, 2026, subject to SEC approval. No change/action is needed on your part.

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merger

Official Notice of Merger

Please be informed of the BSP's Monetary Board Approval on July 02, 2026 of the merger of BPI Direct Banko, Inc. (BanKo) & Legazpi Savings Bank (LSB) with BanKo as the surviving bank. Merger effective on October 01, 2026, subject to SEC approval. No change/action is needed on your part.

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Upon the request of the National AML/CFT Coordinating Committee (NACC) Secretariat, we are providing the link to access the guidance on de-listing and unfreezing of funds and other assets related to targeted financial sanctions under the proliferation financing legal framework of the Philippines.

Read the AMLC Regulatory Issuance No. 5 S2021: Guidance for De-Listing and Unfreezing Procedures here.

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