The Philippine Deposit Insurance Corporation (PDIC) will be having their benefit run,“Takbo Sa Pagbangon ng Leyte,” on May 4, 2014 at the PNB Financial Center along Pres. Diosdado Macapagal Boulevard, Pasay City. The initiative, done in partnership with Gawad Kalinga Community Development Foundation, is part of PDIC’s 50th Anniversary celebration and corporate social responsibility efforts. …
MANILA, Philippines – In 2011, Philippine rural banks processed over P4.9 billion (roughly $116 million) worth of banking transactions which were enabled by mobile banking. In fact, the former head of the Microentrepreneurs Access to Banking Services (MABS) program John V. Owens said a 58-percent increase in the volume of transactions through mobile banking has …
Philippine Star: Mobile Banking Expands in Rural Areas Read More »
The Philippine Deposit Insurance Corporation (PDIC) has expressed support for the Senate and House bills that aim to amend the Rural Banking Act, allowing foreign ownership of rural banks. According to PDIC President Valentin A. Araneta, the broadening of sources of capital and banking technology implied by the proposed amendments could only serve to increase …
On behalf of the Microfinance Council of the Philippines , the Rural Bankers Association of the Philippines is pleased to announce the start of the 2012 Citi Micro-entrepreneur of the Year Awards Program. The Citi Microentrepreneur of the Year (MOTY) Awards is a nationwide search for outstanding microentrepreneurs in the Philippines. Now on its tenth …
The Valiant Bank of Iloilo was awarded for the seventh straight year the Certificate of Transparency award from the yearly MIX Market Global merit recognition awards of the Consultative Group to Assist the Poor, a press release from the firm said. Bank president, Ian Eric Pama, received the award for the company during the 2012 …
Daily Star: Valiant Bank awarded anew by CGAP for transparency Read More »
President Aquino on Monday signed into law two measures aimed at strengthening the country’s anti-money laundering campaign by promoting openness in financial transactions, Malacañang said on Monday. “In a major step forward in enhancing transparency and accountability, the President has signed two bills into law, namely, ‘An Act To Further Strengthen The Anti-Money Laundering Law’ …
BusinessMirror: Aquino signs AMLA, anti-terror financing measures into law Read More »
Help is on the way. Amid the desolate depths of despair that commonly embraces the unfortunate victims of cash-strapped financial institutions like banks going under, a program has been placed to pave the way for the potential onrush of corporate saviors before further damage can be done in the entire banking industry. Under the milestone …
Do you want to capture and re-live every precious moments that transpired during the 59th RBAP convention at Boracay? Click the video link and watch the camaraderie, hilarity and laughter shared among peers and equals! http://vimeo.com/43894381
The rural banking industry has once again defied naysayers with the successful staging of the 59th RBAP Annual National Convention – a celebration of the industry’s yearly milestones, at the idyllic island resort of Boracay last May 24-25. Delegates, guests and sponsors, numbering more than 500, exchanged pleasantries with their colleagues and listened attentively to …
MANILA, Philippines – Foreign venture capitalists are holding talks with Philippine rural banks and life insurance firms in another positive sign of strong optimism in the local economy. 1st Valley Bank President and chief executive officer Nicolas Lim admitted that the rural bank has been entertaining talks with a foreign venture fund interested in investing in the …
Philippine Star: Foreign investors eye rural banks, insurance Read More »
The scorching heat that enveloped the metropolis may have deterred some from venturing out last April 24, but representatives from both RBAP and the Philippine Crop Insurance Corporation were not at all troubled as they met and sealed their partnership in support of the government’s effort to uplift the lives of small farmers and fisherfolk …
The RBAP extends its heartfelt congratulations to the management of Rang-Ay Bank, headed by Mr. Ives Nisce, for the successful opening of its 22nd branch in Northern Luzon. A fast growing bank, the Rang-ay Bank formally opened its 22nd office last May 8, 2012 located across the New Public Market of Sta. Lucia, Ilocos Sur. The ceremonial ribbon cutting was …
The recently-concluded 45th Annual Board of Governors’ Meeting of the Asian Development Bank (ADB) tackled a number of economic issues not only in the Philippines but also for the whole region. But one thing that created a lasting impression and curious interest for the rural banking industry was the forecast on the level of remittances …
Manila Times: Opportunities abroad are also opportunities here Read More »
This is to inform all members of the approval of Rural Bank of Sta. Ignacia’s adoption of a new trade name by the Bangko Sentral ng Pilipinas, as stipulated in Circular Letter 2012-036 dated 21 May 2012. With this approval, the bank is now known as SIGNABANK Rural Bank of Sta. Ignacia, Inc. To secure …
The mission of the Rural Bankers Association is to support the ability of its members to offer quality banking services to all their constituencies, comply with regulatory requirements, and to promote the welfare of the communities in which they operate.
