Archives for 2018

Basic Cashiering Seminar – Aug 15, 2018 in Iloilo City

FOR: ALL PARTICIPATING RURAL BANKS
FROM: RODOLFO P. YAP, III- PRESIDENT

SUBJECT: CIRCULAR LETTER: SEMINAR ON CASHIERING

Dear Fellow Rural Bankers:
The Chamber of Iloilo Rural Banks, Inc. (CIRBI) in
coordination with the Rural Bankers Research and Development Foundation
Inc. (RBRDFI) is pleased to offer a seminar described below:

Title: Seminar on Cashiering
Date:August 15, 2018 (Wednesday)
Venue: SmallVille 21 Hotel Smallville Commercial Complex, Diversion Road
Mandurriao, Iloilo City
Time:8:30am to 5:30 pm

Seminar Fee
1. Early bird – P3, 000.00 (On or before July 20, 2018) 2. Regular Rate –
P4, 000.00
(After July 20, 2018)
3. Non RBAP Member – 5, 000.00 Mode of Payment

Account Name – Chamber of Iloilo
Rural Banks, Inc. BPI –Solis Branch;  Checking Account No.-
9243-0900-72; Proof of payment should be emailed to
ifrb_kings_queens@yahoo.com; Check payments, should be payable
to Chamber of Iloilo Rural Banks, Inc

This is a live-out seminar. Seminar fee includes snacks, lunch,
training kit and certificate of attendance. Acceptance of
reservation is on first come first-served basis; only fifty (50)
participants will be accommodated.

Resource Person: Ms. Victoria Palanca
Professional Lecturer
Expected Participants
Cashier, Managers, Treasury

Note: Course Objectives and Course Outline to follow next week.
For additional inquiries please contact:
Ms. Emily Lampino
Contact Numbers: (033) 508-5183; 09989801239
Email Add: ifrb_kings_queens@yahoo.com Thank you.

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Corporate Governance for Bank Directors -Aug 14-15, 2018 in Iloilo City

FOR: ALL PARTICIPATING RURAL BANKS
FROM: RODOLFO P. YAP, III- PRESIDENT

BASIC CORPORATE GOVERNANCE COURSE FOR RURAL BANK DIRECTORS AND OFFICERS

Dear Fellow Rural Bankers:
The Chamber of Iloilo Rural Banks, Inc. (CIRBI) in coordination with the
Rural Bankers Research and Development Foundation Inc. (RBRDFI) is pleased
to offer a seminar described below:

BASIC CORPORATE GOVERNANCE FOR RURAL BANK DIRECTORS AND OFFICERS
Date:
August 14 – 15, 2018 – 2 days (Tuesday and Wednesday)
Venue: SmallVille 21 Hotel Smallville Commercial Complex, Diversion Road
Mandurriao, Iloilo City
Time: 8:30am to 5:30 pm

Seminar Fee
1. Early bird – P6, 000.00 (On or before July 20, 2018) 2. Regular Rate –
P7, 000.00
(After July 20, 2018)
3. Non RBAP Member – P8, 000.00 Mode of Payment

 Account Name – Chamber of Iloilo
Rural Banks, Inc. BPI –Solis Branch
 Checking Account No.- 9243-0900-72
 Proof of payment should be emailed to ifrb_kings_queens@yahoo.com
 Check payments, should be payable to Chamber of Iloilo
Rural Banks, Inc

 This is a live-out seminar. Seminar fee includes snacks, lunch,
training kit and certificate of attendance. Acceptance of
reservation is on first come first-served basis; only fifty (50)
participants will be accommodated.

Resource Persons:
Ms. Ma. Corazon Guerero Mr. Fernando Caballa Professional Lecturer

Expected Participants
Chairman, Presidents and CEOs, Board of Directors, Stockholders, Managers,
Compliance Officers and Officers

Course Objectives
I. Pursuant to the following BSP Circulars
a) Cir. No. 296 prescribing the minimum qualifications of a bank director,
b) Circulars No. 749 and 757 sets new guidelines in strengthening the
Corporate
Governance in Financial Institutions”.
II. To gain comprehensive understanding of:
a. Principles of Good Corporate Governance;
b. Value of their roles in promoting it in their respective financial
institutions; and
c. Its significance in maintaining the stability of the financial system.
Course Outline
I. Concepts & Theory – Overview of Good Corporate Governance a. Definition
b. Importance of Good Corporate Governance in the Financial System
c. Role of Stakeholders
II. Board’s Qualifications
III. Board’s Overall Responsibilities
IV. Board’s Own Structures and Practice
V. Senior Management
VI. Governance of Group Structures
a. Governance for Family-owned Banks
b. Shareholder Activism
VII. Risk Management Function
VIII. Risk Management Process IX. Risk Communication:
a. Internal Control
b. External Control X. Compliance
XI. Internal Audit XII. Compensation
XIII. Disclosure and Transparency XIV. Role of Supervisors
XV. Group Case Studies & Discussions
*Updated with Circular 969.

For additional inquiries please contact:
Ms. Emily Lampino
Contact Numbers: (033) 508-5183; 09989801239
Email Add: ifrb_kings_queens@yahoo.com Thank you.

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Internal Audit Training – A Practical Approach – August 10-11, 2018 – Bayanihan Hall

INTERNAL AUDIT TRAINING (A Practical Approach)

Date: Aug 10-11, 2018 (Fri-Sat)
Venue: Bayanihan Hall, RBAP, Intramuros,
Time: 8:30am to 5:00pm

RESOURCE PERSON
GIL M. SORITA, CPA, CIA,CISA, MBA
Bank Executive Officer, Accredited External Quality Assurance Validator
for Internal Audit Activity

SEMINAR FEE
1. For Member –  P3,800 /person
2. Non-Member/Delinquent –  P4,200 /person

MODE OF PAYMENT
Check payable to:

Rural Bankers Research & Development Foundation Inc.

To reserve slot, a Non-Refundable commitment fee of P1,600.00 /pax is
required, but its deducted from the total registration fee.

Bank:  LBP – Intramuros, Branch
Account Name: RBRDFI
SA No. 0012-1046-26.
Telefax  (02) 527-2969 /527-2980

DEADLINE TO SUBMIT REGISTRATION:   August 03, 2018

Course Objectives

1) To recognize and emphasize the importance of control points/processes.
a.  Learn practical applications of audit and internal control
procedures.
b. Identify and be able to implement key infrastructure policies,
procedures and processes.
2) To meet BSP’s expectation on bank’s internal audit department
3) To complement risk based auditing

Expected Participants
Internal Auditor, Bookkeeper, Compliance Officer, Risk Management
Committee –Director, President, Branch Managers

Course Outline
Overview of the principles
A.   BSP expectations relevant to the internal audit function
1. The internal audit function (BSP 499 s.2005)
2. Key features of the internal audit function
3. Qualification Standards of the Internal Auditor
4.    Scope of activity
5. Corporate governance considerations
6.    The internal audit charter
B.   International Standards for the Professional Practice of Internal
Auditing (Standards)
C.   Definition of Internal Auditing
D.   Code of Ethics
E.    Development of Internal Audit Strategic Plan
F.    Difference between Internal and External audit
G.   Managing the Internal Audit Department
H.   Audit Objectives and the Audit Process
I.      Planning the Audit
a.    Introduction
b.    Preliminary Survey
c.    Development of an overall audit plan
d.    Co-coordinating the work to be performed
J.     Establishing the Degree of Reliance on Internal Control
a.    Introduction
b.    Identifying, documenting and testing control procedures
c.    Examples of controls
d.    Inherent limitations of internal control
e.    Considering the influence of environmental factors
f.     Determining the nature, timing and extent of substantive tests
K.   Performing Substantive Procedures
a. Audit Techniques
b. Specific substantive procedure consideration
L.   Communicating Results
a. Audit Findings
b. Audit Report
K.   Monitoring

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Download Confirmation Sheet

Liquidity Risk & Stress Test Training – Aug 03-04, 2018 in Bayanihan Hall

LIQUIDITY RISK MANAGEMENT  AND STRESS TESTING TRAINING

Course Objectives
Liquidity Risk Management and Stress Testing are key components for
managing risk of strategic initiatives a bank.  It is imperative for banks
to understand the results of a stress test and evaluate strategic
initiatives to help offset the potential impact by optimizing
risk-weighted assets and capital usage. BSP Circular 989 and Cir . 981

*Understand liquidity risk management and stress testing.
* Identify and assess business vulnerabilities and gain valuable insights
on implications of plausible stresses within the bank’s portfolio
*Learn to embed risks in strategy, budget and capital planning

Expected Participants
President, Risk Management Committee –Director, President, Branch
Managers, Risk Management Officer, Chief Compliance Officer, Head- I.T.
Department and Head – Human Resource Management

Course Outline

A.      Liquidity Risk Management
•       Liquidity Risk Management Framework
•       Liquidity Risk Management Process
•       Intraday Liquidity Risk Management
•       Foreign Currency Liquidity Management
•       Intragroup LRM
B.      Stress Testing Framework   and Responsibilities
1.      Design
2.      Methodologies
3.      Severity of Stress Events
4.      Portfolio, Individual Risk and Institutional-wide-Stress Testing
5.      Impact Assessment
6.      Independent Review of Stress Testing

CLOSED: Strategic Human Resource Management – July 27-28, 2018 in Gov. Licaros Hall

STRATEGIC HUMAN RESOURCE MANAGEMENT

Date: July 27-28, 2018 (Fri-Sat)
Venue: Gov. Licaros Hall, RBAP, Intramuros,
Time: 8:30am to 5:00pm

RESOURCE PERSON
MS. OLIMPIA N. CRUZ, RMO
Bank Officer – Risk Management, Consultant  for bank’s HRM, Trainer

SEMINAR FEE
1. Member – P3,800 / pax
2. Non-Member/Delinquent –  P4,200 / pax

MODE OF PAYMENT
Check payable to:

Rural Bankers Research & Development Foundation Inc.

Non-Refundable commitment fee of P1,900.00 per participant.

Bank:  LBP – Intramuros, Branch
Account Name: RBRDFI
SA No. 0012-1046-26.
Telefax  (02) 527-2969 /527-2980

EXPECTED PARTICIPANTS
President & CEOs, Director, General Manager, HR Head & Compliance Officer

DEADLINE TO SUBMIT REGISTRATION:  July 23, 2018.

Course Objectives

The Strategic Human Resource Management consistent with the provisions of
BSP Circular 900, s. 2016, Guidelines on Operational Risk Management.

1. Learn the Human Resource Management perspectives;
2. Know and understand the HR interlinked functions and processes;
3. Establish the duties and responsibilities of HR Managers and Business
Line Managers in managing risks related to Human Resource Management;
4. Establish and implement mechanisms needed in order to comply with BSP
Circular 900.

Methodology:  Lectures, Workshop and Case Study

Course Outline

Day 1 –Human Resource Management Background

1. Human Resource Planning   – definition and scope of HR Planning
A. Job Analysis and Job Design
B.  Review of Current Manpower Supply

2.  Recruitment and Selection
A. Sources of qualified personnel
B.  Recruiting Methods and Process I.

3.Competency Framework Development
A. Competency Framework Milestone
B.  Classification of Competencies
C. Setting proficiency levels

4. Training and Development
A. Factors affecting training outcomes
B. Talent management for smaller organizations: challenges and advantages

5. Performance Management
A Performance Management   Cycle
B. Link with other HR functions
Day 2 –Rewards Management

1.  Rewards Management
A. Rewards and Recognition
B.  Categories of Performance-based rewards
C. Issues in implementing Awards/Incentive Programs
D. Choosing the right rewards mix suitable to the organization.

2.  Rewards Management
A. Rewards and Recognition
B.  Categories of Performance-based rewards
C. Issues in implementing Awards/Incentive Programs
D. Choosing the right rewards mix suitable to the organization

3.  Management of HR Related Risks
A. Managing HR related Risks
B.  Elements of HR governance in managing HR risks
C. HR Communications

5.  Organization Development: Managing Change
A. Effective management of change

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Download Confirmation Sheet

CLOSED: Cash Flow Statement – Understanding & Analyzing – Jul 21, 2018 -PhilTown Hotel CDO

Course Title:     Cash Flow Statement – Understanding, Interpreting, and
Analyzing
Venue:     Philtown Hotel, Cagayan de Oro City
Schedule:     July 21, 2018 (Saturday)
Duration:     1 day (8:30AM-5:00PM)
Resource Person:   Ms. Belle Noreen Castillo–Estrada, CPA – CFO,
Bank Manager –Account Management /Treasury
and Faculty Member

COURSE OBJECTIVES

1.      To emphasize the primary purpose of the Cash Flow Statement.

2.      To analyze in detail the relationship between cash and changes in
assets, liabilities and equity accounts; to allow the participants to
understand the full integration of the income statement, balance sheet and
cash flow statement.

3.      To help the participants understand and interpret the Cash Flow
Statement.

4.   To be able to use the Cash Flow Statement to evaluate a company.
COURSE OUTLINE:

I.      PRIMARY PURPOSE OF THE CASH FLOW STATEMENT
A.      Answer the basic questions:
i.      Where did the cash come from during the period?
ii.     What was the cash used for during the period?
iii.    What was the change in the cash balance during the period?

B.      Illustrate the Types of Cash Inflows and Outflows under:
i.      Operating Activities
ii.     Investing Activities
iii.    Financing Activities

II.     DISCUSS THE STEPS IN PREPARING THE CASH FLOW STATEMENT
A.      Discuss the different methods in preparing the Cash Flow Statement

B.      Enumerate the data needed to prepare the Cash Flow Statement:
i.      Comparative Balance Sheet (current year and previous year)
ii.     Income Statement for the period
iii.    Other transactions that affect how the cash was provided or used
during the period

C.      Discuss the steps in preparing a Cash Flow Statement

III.    HOW TO USE THE CASH FLOW STATEMENT IN EVALUATING A COMPANY
A.      Discuss the various ratios as a tool to analyze a company.
i.      Assessing Liquidity, Solvency, and Profitability using Cash Flow
Statement
B.      What is free cash flow?

IV.     VARIOUS EXERCISES

In this connection, we would like to enjoin rural banks to send their Loan
Officers, Remedial & Credit Officers, Branch Managers, President,
Directors  to attend the seminar.

Registration fee per participant:

a)      Two Thousand Seven Hundred Pesos only (P2,700.00) on or before June 29,
2018 (Early Bird Rate)
b)      Three Thousand Pesos Only (P3,000.00) after June 29, 2018.
c)      Registration will cover meals (2 snacks and lunch) per day

Expenses incurred to and from venue and accommodation should be borne by
the participants.

For your reservations, kindly submit to us the following not later than
July 13, 2018:
1.      Registration form of the participant(s) duly endorsed by the bank’s
authority;
2.      Payments can be remitted to the MOBCI-FRB c/o MINDANAO CONSOLIDATED
COOPERATIVE BANK bank account Land Bank of The Philippines (LBP) Savings
Account Number- 2412-0000-67. Proof of payment (i.e., deposit slip) should
be sent immediately to MOBCI-FRB via e-mail (khrielkimura@gmail.com) for
verification. For check payments, check should be payable to
MOBCI-Federation of Rural Banks;

Only those rural banks that have complete requirements will be given
reservation. Please be advised that we will be accepting up to fifty (50)
participants only. We reserve the right to limit the number of
participants to a manageable level. Participants will be accepted on a
first-come-first-served basis.

For your reservation, please call: 0915-712-1915/ 088-856-1550 and look
for Ms. Jaelemmor Khriel Kimura, the MOBCI-FRB recording secretary.

Participants who have paid but fail to show up for the seminar will only
be entitled to a rebate of 50% of the total registration fee. This is a
live-out seminar.

Thank you very much!

Mr. Wilner A. Palacios
President, MOBCI-FRB

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CLOSED: Sound Credit Functional Framework Training – Jul 19-20, 2018 – PhilTown Hotel CDO

Course Title:        Sound Credit Functional Framework Training
Venue:     Philtown Hotel, Cagayan de Oro City
Schedule:      July 19-20, 2018 (Thursday–Friday)
Duration:      2 days (8:30AM-5:00PM)
Resource Person:   MR. TITO TIRONES, Bank & SME Consultant/Trainer

COURSE OBJECTIVES

1)      To define and elaborate on each step within the credit process
including the persons involved in the process, as well as the duties and
responsibilities of each.

2)      To provide guidelines in the effective management of each credit
process; mindful of the risk Involved in order to provide mitigants and
controls.

3)      To identify the strengths and weaknesses of the credit approval and
monitoring process

SEMINAR METHODOLOGIES
Lecture, Discussions, and Workshop

COURSE OUTLINE:

DAY 1
I.Credit Policy Principles
II.Credit Principles
III.General Lending Guidelines
IV.Credit Initiation
• Target Market Definition
• Solicitations
• Roles and responsibilities of the Account/Lending Officer
• Guiding Principles
V. Credit (pre-approval) evaluation
•       Stages
•       Roles and responsibilities
–Account/Lending Officer
Credit Evaluation Officer
Credit Investigator
Credit Appraiser
•       Guiding Principles
•       -KYC
•       -Financial Statement Analysis
•       -ICRRS
•       -Acceptable Collateral
•       -Documentary Requirements
•       –Credit Investigation
•       -Collateral

DAY 2
I. Loan Packaging
*Stages
*Roles and Responsibilities of the Account Officer
*General Types of Loans
*Important Elements in the Credit Proposal
*Loan Valuation
*Pricing the Credit
*Guiding Principles
*Contents of a Credit Proposal
II. Documentation
III. Credit Approval
IV. Loan Disbursement
V. Credit Administration and Monitoring
V. Interactive Workshop – Applying Controls in Each Credit Phase

In this connection, we would like to enjoin rural banks to send their
President, BODirector, Branch Managers, Loan Officers, Account Officers,
Appraisers, Sales Officers, ROPA Managers to attend the seminar.

Registration fee per participant:

a)      Five Thousand Pesos only (P5,000.00) on or before June 29, 2018 (Early
Bird Rate)
b)      Five Thousand Five Hundred Pesos Only (P5,500.00) after June 29, 2018.
c)      Registration will cover meals (2 snacks and lunch) per day

Expenses incurred to and from venue and accommodation should be borne by
the participants.

For your reservations, kindly submit to us the following not later than
July 13, 2018:
1.      Registration form of the participant(s) duly endorsed by the bank’s
authority;
2.      Payments can be remitted to the MOBCI-FRB c/o MINDANAO CONSOLIDATED
COOPERATIVE BANK bank account Land Bank of The Philippines (LBP) Savings
Account Number- 2412-0000-67. Proof of payment (i.e., deposit slip) should
be sent immediately to MOBCI-FRB via e-mail (khrielkimura@gmail.com) for
verification. For check payments, check should be payable to
MOBCI-Federation of Rural Banks;

Only those rural banks that have complete requirements will be given
reservation. Please be advised that we will be accepting up to fifty (50)
participants only. We reserve the right to limit the number of
participants to a manageable level. Participants will be accepted on a
first-come-first-served basis.

For your reservation, please call: 0915-712-1915/ 088-856-1550 and look
for Ms. Jaelemmor Khriel Kimura, the MOBCI-FRB recording secretary.

Participants who have paid but fail to show up for the seminar will only
be entitled to a rebate of 50% of the total registration fee. This is a
live-out seminar.

Thank you very much!

Mr. Wilner A. Palacios
President, MOBCI-FRB

Download Circular

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65th Annual National Convention & General Membership Meeting

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