Day: June 11, 2012

Branching guidelines amendments

To all member rural banks and partners, please be informed of the amendments to the provisions of Section X151 of the Manual of Regulations for Banks, pursuant to Monetary Board Resolution No. 793.  These amendments are specifically on Subsections X151.4, X151.5, XI51.7 and X151.8. In a nutshell, the amendments on Subsection X151.4 state the removal …

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CLOSED — Pricing Transparency Workshop – June 22, 2012

FOR : ALL PARTICIPATING RURAL BANKS FROM : MA. CORAZON L. MILLER, Chairperson SUBJECT : PRICING TRANSPARENCY WORKSHOP: Implementing the New Rules for Truth in Lending Dear Fellow Rural Bankers: The Bangko Sentral ng Pilipinas (BSP) has issued Circular 730 and the accompanying Memorandum M-2011-040 on regulations and calculation for Effective Interest Rates (EIR) for …

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CLOSED — AMLA Seminar: BSP Cir 706 -UARR – July 06, 2012

FOR : ALL PARTICIPATING RURAL BANKS FROM : MA. CORAZON L. MILLER, Chairman SUBJECT : AMLA SEMINAR :BRIEFING ON BSP CIR. 706 – UPDATED AML RULES AND REGULATIONS Dear Fellow Rural Bankers: The Rural Bankers Association of the Philippines (RBAP), through the Rural Bankers’ Research and Development Foundation, Inc. (RBRDFI), will conduct a seminar described …

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