BANOKO SeNrnIL No PILIPINAS

OFFICE OF THE DEPUTY GOVERNOR

FINANCIAT SUPERVISION SECTOR

CIRCULAR LETTER NO. Ct-2019- 041

To : All Banks and Non-Bank Financial lnstitutions

Subject : Withdrawal of Trust license of State lnvestment Trust, Inc.

The Monetary Board, in its Resolution No. 539 dated 25 April 20L9, approved

the request of State Investment Trust, Inc. (SlTl) to withdraw its trust license and the
revocation of SlTl's authority to engage in trust and other fiduciary business.

For information and guidance.

G. FONACIER

Ttl tune2ots

A. Mabini St., Malate 1004 Manila, Philippins5 . (532) 708-770L. www.bsp.gov.ph . bspmail@bsp.gov.ph