You may now download a copy of the presentations during the 2016 RBAP Annual National Convention and General Membership Meeting held on May 23-24, 2016 at the Radisson Blu Cebu

May 23, Day 1

a. The State of Financial Inclusion
Dr. Gilbert M. Llanto
President, Phil. Institute for Development Studies
b. Opportunities of Rural Banks in Financial Inclusion
Ms. Tanya P. Hotchkiss
Executive Vice President, Cantilan Bank
c. Updates on Agricultural Guarantee Fund Pool Program
Ms. Edna Atienza
Executive Director, AGFP
d. Seizing Strategic Opportunities
Ms. Chuchi G. Fonacier
Managing Director, BSP SES III
e. Dialogue
Hon. Nestor A. Espenilla, Jr.
Deputy Governor, BSP
f. Financial Consumer Protection
Atty. Prudence Angelita A. Kasala
Director, BSP Financial Consumer Protection Department

May 24, Day 2

a. Rural Bank Involvement – Corporate Social Responsibility

     Mr. Antonio O. Pasia
     Director, RBAP (Incoming President, FY 2016-2017)
     Mr. Francis G. Estrada
     Chairman, Institute of Corporate Directors
    Atty. Florabelle M. Santos
    Deputy Director, BSP AMLSG
     Mr. Sam Samod
     Director of Forensics Consulting, PWC New York
     Mr. Vittorio Z. Almario
     President, Rural Bank of Mati (RBAP President, FY 2013-2014)
     Prof. Enrique M. Soriano
     Chairman, Marketing Cluster – Ateneo Graduate School of Business
     Senior Advisor, Wong + Bernstein Advisory

List of Candidates for the 2016 RBAP Elections

2016 RBAP National Convention Program

Deputy Governor Nestor Espenilla, Jr., Keynote speaker at the 2016 Visayas Mangement conference in Iloilo City.


Credit Consciousness Week


63rd RBAP Annual National Convention & General Membership Meeting


Download the 2016 Election Circular in PDF

Download the Convention Circular in PDF

2016 Visayas Management Conference


VMC Circular Letter and Registration Form

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Sea and Air Schedules

List of Hotels 2016

RBAP 58th Charter Anniversary Symposium Presentations

Day 1

1. Keynote Speech – BSP Deputy Governor Nestor A. Espenilla, Jr. – DG Espenilla_Keynote Speech

2. Session 1 – Ms. Nataliya Mylenko of WB Group – Session 1_Mylenko

3. Session 3 – Mr. Resty Cruz of BSP – Session 3_Resty Cruz_Presentation

4. Session 4 – Mr. Anthony Joseph Lucero of PAGASA – http://we.tl/HKypjUUxO5

5. Special Segment – MD Iluminada Sicat of BSP – Special Segment_MD Sicat

Day 2

1. Session 1 – Ms. Cristina Orbeta of PDIC – Christina Orbeta

2. Session 2
Ms. Lorna Aurea Aquino of BSP – Ms. Lorna Aurea N. Aquino

Mr. Rino Zerna of BSP – Rino Zerna_Presentation

Mr. Jerry Clavesillas of DTI – Jerry Clavesillas

Ms. Edna Atienza of AGFP – Ms. Edna Atienza

3. Session 3 – Sec. Proceso Alcala of DA – Sec Proceso Alcala

4. Session 4 – Speech of Mr. Roberto Lavina – Speech_Mr. Roberto Lavina

RBAP 58th Charter Anniversary Symposium Program

Dear Rural Bankers,

Please be advised that RBAP’s 58th Charter Anniversary Symposium Program is now uploaded in the website.

To download a copy, please click on this link: 58th Charter Anniversary Symposium_11.05.15

RBAP 58th Charter Anniversary Symposium Circular Letter

21 September 2015


The Rural Bankers Association of the Philippines will hold its 58TH Charter Anniversary Symposium on November 9-10, 2015 (Monday & Tuesday) at Grand Ballroom C & D of the Manila Marriott Hotel in Pasay City.

This year’s symposium theme “RURAL BANKS: FINANCIAL ACCESSIBILITY IN THE COUNTRYSIDE,” seeks to highlight the Association’s vision to achieve a stable, sound and market-based financial system that supports the efficient mobilization and allocation of resources particularly in the countryside. The theme likewise recognizes the need to realize sustainable growth and ultimately reduce or eliminate poverty altogether.

For this national gathering, we have invited resource speakers from various banking institutions and academe to provide and interactive assembly and workshop that will update on the progress, opportunities and challenges currently encountered by the rural banks. The participants are encouraged to interact and reflect on the industry’s concerns, status and possible paradigms rural banking could push through to establish a more competitive banking system among rural communities.

Those who would like to place an advertisement, kindly contact Ms. Shalie Y. Recaido, Administrative and Finance Officer, for particulars.

In the interest of an orderly Symposium, please accomplish the following forms and submit to RBAP as soon as possible:
1. Registration Form (Annex A)
2. Hotel Accommodation (Annex B)
3. Advertising Contract (Annex C)
4. List of Recommended Hotels (Annex D)

You may also click on this link to download attachments:
Sympo 2015 circular

The allowable expenses entitled for each delegate are as follows:

1. Registration Fees:

a) Early birds: Member banks in good standing and will register on or before 5:00 PM of October 9, 2015 (Friday) will pay Six Thousand Eight Hundred Pesos (P6, 800.00) VAT-inclusive;

b) Late registrants (Regular Rate): Registration fee after 5:00 P.M. of October 9, 2015 (Friday) is Seven Thousand Eight Hundred Pesos (P7, 800.00) VAT-inclusive;

c) Non-member and delinquent member banks shall be assessed double the regular registration fee.

2. The usual maximum allowable expenses per delegate:

a) Each delegate shall be entitled to a maximum per diem per day of Six Thousand Pesos (P6, 000.00) for a period not exceeding seven (7) days for the delegates coming from Luzon, Visayas and Mindanao;

b) Actual transportation expenses from the rural bank to the convention venue and return;

c) Maximum representation allowance of Seven Thousand Pesos (P7, 000.00) per delegate.

3. Symposium Payments:

a) Please cross all checks payable to Rural Bankers Association of the Philippines or you may deposit payment through LBP C/A 0012-1174-69 Intramuros Branch and kindly fax deposit slip indicating the name of rural bank at (02) 527-2980 or (02) 527-2969;

b) Payment can be made also via GCASH. Please use Globe Mobile Number ______________ and the GCASH Menu – send GCASH with the message _________________.

4. Cancellation and No-Show Policy:

Request for cancellation of registration must be notified in WRITING to the RBAP Secretariat not later than October 30, 2015 (Friday). Cancellations officially received by the RBAP Secretariat AFTER this date are entitled to a 50% refund of the registration fee, which can be used to offset membership dues.

For reasons except illness or a scheduled bank examination of the Bangko Sentral ng Pilipinas, any participant who either fails to show up during the Symposium or to officially notify the RBAP Secretariat of their intention to cancel or substitute of at least 10 days prior to the event shall be considered as no-show and the registration fee is non-refundable. All requests for refunds will be processed four (4) weeks after the event.

Interested rural banks may send their participants to the said conference and it is understood that the rural banks concerned shall assume the above-mentioned expenses.



RBAP congratulates winners of the 2015 LBP Gawad CFI Awards

RB Goa bags Land Bank of the Philippines’ Gawad CFI 2015 Hall of Fame Award

Card Bank, Inc. ranked 1st place and received a Special Award for Agri-Agra Loans for the Rural Bank Category

Gateway Rural Bank, Inc. received a Special Award as Best CFI Intermediary – Lowest Pass-On Rate

Cooperative Bank of Cotabato wins the Co-op Bank Category

Rural Banking Week Supplement

Rbank Final

Rural Banks: Portals of Inclusiveness for Juan and Juana dela Cruz

Date: 05.18.2015
Place: EDSA Shangri-La Manila
Occasion: 62nd Annual National Convention and General Membership Meeting of the Rural Bankers Association of the Philippines
Speaker: BSP Gov. Amando M. Tetangco, Jr.

Today, we gather to kick off your 62nd Annual National Convention and General Membership Meeting. You have set “New Vision, One Direction, Stronger Organization” as your theme for this conference, the same title as your 5-year strategic plan. This is certainly a welcome initiative. It reflects the intent of the RBAP to look ahead, define your strategic path and communally decide on the tactical actions needed to get you to your desired destination.


But to move forward and reach our destination, it will be useful to pause and also look back. For some, this suggestion may seem counterintuitive.

Prudence dictates that in creating a vision of what you wish to become, it would be useful to revisit the purpose for which the rural banking system was set up in the first place.

Republic Act 7353 is categorical in that it speaks of “the establishment of a rural banking system designed to make needed credit available and readily accessible in the rural areas on reasonable terms.”

Ladies and gentlemen, the operative words here are: “needed credit that is accessible on reasonable terms”. In the simplest of words, this is the vision of the rural banking system. It is quite straightforward. But it is a vision that has turned out to be quite elusive to fully realize.


As we review the current markets we operate in, I would like us to consider two things. First, the broader and larger macroeconomic picture, and second, a more focused view of the improvements in technology and how we can harness this to our advantage.

The Big Picture and Technology:

I will not delve into the macroeconomic indicators that you traditionally hear me speak of during your events. Instead, for today, what I would like us to appreciate is that our constituents’ needs are changing. And these changes are reflecting rather fundamental shifts. With 64 consecutive quarters of economic growth to-date, one should expect to find some structural improvements at the grassroots. Indeed, latest data seem to confirm such an improvement.

In the Global Findex for 2014, the World Bank noted that the percentage of Filipino adults with formal accounts increased to 31.3% from the 26.6% baseline figure in 2011. These accounts refer to those held in banks, cooperatives or microfinance institutions or as mobile money. On the other hand, the percentage of the poorest 40% of Filipino adults who have a formal financial account stood at 17.8 percent in 2014, a rise of 7.1 percentage points from the figure in 2011. These are not small improvements especially when you consider that 37 percent of our LGUs (604 out of 1,634) are still unserved by any bank.

While banking reach and financial access continue to be fundamentally challenging because of our archipelagic landscape, the BSP’s innovations in banking regulations have helped reduce this gap. We have augmented the presence of the 514 rural banks headquartered in our 17 regions by licensing other financial service providers (FSPs) such as e-money agents. With the operation of FSPs, the percentage of LGUs that remains without any form of financial access point falls from 37 percent to 13 percent.

Ladies and gentlemen, indeed, economic growth is being reported and financial access is broadening. Amidst these shifts, every financial institution is looking for newer frontiers to explore. The following simple numbers provide richer flavor for the opportunities that lie ahead.

At a gross domestic saving rate of 20.8% in inflation-adjusted terms for 2014, that translates to Php1.49 trillion in real terms or Php2.12 trillion in nominal savings that can be mobilized. That is 2014 savings alone, quite distinct from the Php 1.80 trillion in 2013 and another Php 1.58 trillion the year before. And perhaps what is most telling is that the great bulk of this has been generated by half of the population since the other half is literally still in school.

The bet really is that our future rests with the economic fate of our young population. They provide the demand that will drive consumer finance. And they represent the future where preferences are molded by technology and product choice.

This brings me to my second point. The availability of technology at the retail level is rapidly changing the business model of community banking. We are not talking only about more ATMs and e-banking services. Instead, it is really the basic fact that information and communications technology is now relatively affordable and is scalable to make your operations more efficient and reliable. There’s also greater capability to communicate through long distances with a simple email or social media posting and to reduce dependency on physical offices to reach out to a wider customer base through mobile banking technology.

This means that the information technology frontier just keeps on extending and extending and extending. Your options on rural banking then become largely an issue of how you deliver banking products and services using the IT choices you have made.

The competitive landscape of the rural banking market has also seen major shifts in recent times. From what was then nearly the exclusive domain of rural banks, we have now seen universal and commercial banks venturing into the countryside, in part because of the phenomenon of technology.


These are the broad strokes of change. Sustained economic growth that is becoming reflected in the consumers’ financial choices. Greater market competition – from both within and without as we have become more open to foreign ownership of our banks. Financial technology that is moving at the speed of light.

Where do all these changes leave the rural banking industry? As you embark on your visioning exercise, each one of your members must make the hard choices in terms of the “scope” and the “scale” of your operations.

A rural bank’s fundamental strength is its familiarity with the grassroots, the community it serves. But as the market evolves, familiarity – even as it is an advantage — may not be sufficient to guarantee the operational viability of a rural bank. As the local community being served grows, so must the rural bank which is invested into that community. But, even as I say this, the causality must go both ways. For the local community to grow faster, the rural bank must also continue to be the stimulus for the community. This is at the very ideal of what rural banking should be in the Philippines.

There will always be a need for financial services and it is incumbent upon the RB to develop products and services that can address the requirements of its constituents. This is the issue of “scope” and this reflects the responsibility of banks to be portals of economic improvement. Financial consumers are made better-off by banks because financial well-being is improved by banking products and services which then also translate to improvements in the community.

Then there is a question of “scale” so that the rural bank stands ready to grow – in size and core competencies – with the communities it serves. In the end, buzzwords like “right sizing” and “streamlining” need specific context. It seems obvious that there is no universal standard – or “magic number” that is out there. What is clear though is that as you make your decisions on what you deem is the right size for you, you must continue to be guided by the BSP’s regulations on the appropriate governance structures and risk management frameworks.

In the process of determining the scale and scope of your operations, it is my hope that you will be able to deliver the needed financial services to your clients at reasonable terms – just as it has been envisioned in the Rural Banks Act.


Rural banks must remember that you are yourselves stakeholders in the community. You are, in effect, a financial consumer – as an institution and as individuals – in the community that your bank also operates as a financial provider.

As I close, I want to inform you that the BSP has spearheaded the formulation of a national strategy for financial inclusion, the National Strategy for Financial Inclusion (NSFI). We are set to launch this in July this year. It’s a multi-sectoral endeavor that sets out the coherent framework on how all our efforts, those of the public sector and the private sector, can be closely and systematically coordinated to bring about financial inclusion that leads to broad-based and inclusive growth. Rural banks are an integral part of that strategy. It is a great opportunity. I urge you to closely engage with us on this grand endeavor.

Friends, change is everywhere and perhaps none more so than in the present times. You talk of a “new vision” because we need to accept that there is a new normal in banking. It is still very much a business activity but one which is held to a very high social standard. This important qualification is necessary to protect the financial consumer from conflicts of interest, to instill corporate governance standards, to enforce global best practices for managing risks and ultimately, to sustain public trust.

We have seen during the global crisis what a banking market becomes in jurisdictions where public trust becomes eroded. It would be an over-simplification to argue that their problems are unique and could not arise in Asia or in the Philippines. These problems have not manifested themselves here because we took early steps to prevent the build-up in risk and we continue to invest in a regulatory environment that nurtures your creativity as product providers while mitigating the ill effects of unwarranted risks.

There is a need for “one direction” to strengthen commonality in purpose in addressing the challenges of the future. Yes, there is diversity in the different situations that invite different approaches. But those different approaches need to be anchored by common principles and shared aspirations.

Finally, a strong organization is always a must and a stronger organization must be responsive to the changing times, that new normal we approach with common purpose.

We need to continue to be a value proposition to the financial consumer, especially those in the countryside. RBAP is certainly equipped to do just that under a new vision that accepts the new normal in banking, having one direction to approach the challenges with a common purpose, having a stronger organization that has the strength and agility to withstand the uncertainties, and having the boldness and courage to innovate and re-invent.

I wish all of you well for this national convention and the BSP stands ready to be your continuing partner in rural development.

Source: http://www.bsp.gov.ph/publications/speeches.asp?id=494

Presentations: 62nd RBAP Annual National Convention


* PDIC President Cristina Obeta’s Presentation
PCQO speech_RBAP 62nd Anniv_FINAL

1. Land Bank of the Philippines – Ms. Gilda E. Pico
RBAP 2015 Presentation

2. Bangko Sentral ng Pilipinas – Ms. Pia Roman Tayag

3. USAID E-Peso Project – Mr. Anthony Petalcorin
E-PESO Presentation_For RBAP app v2_SE 5.13

4. ASEAN Integration – Atty. Mel Racela
Rasela Presentation_RBAP_National_Convention_19_May_2015[1]

5. SPRB Plus – Ms. Imelda Singzon
Singzon RBAP Convention_SPRB+_FINAL

6. Risk and Audit Management – Mr. Art Kimseng
kimseng RBAP Annual Convention May 19, 2015 (3)

7. Credit Information Corporation – Mr. Jaime Garchitorena

8. Land Registration AUthority – Atty. Ronald Ortile
Ortile 2015.05.19_RBAP_New Services_00

BSP gov to rural banks: Reach out to more ‘unserved’ towns, cities

Bangko Sentral ng Pilipinas Governor Amando Tetangco Jr. urged the country’s 514 rural banks on Monday to help the BSP make more gains in financial inclusion by reducing the number of local government units “unserved by any bank.”

Tetangco said 37 percent of all the local government units nationwide are unserved until now, but the isolation of some of them from the financial system has been eased by expanding the reach of the rural banks (RBs) based in the 17 regions “by licensing other financial service providers (FSPs) such as e-money agents.

“With the operation of FSPs, the percentage of LGUs that remains without any form of financial access point falls from 37 percent to 13 percent,” the BSP governor said in his keynote address before the 62nd annual national convention and general membership meeting of the Rural Bankers Association of the Philippines, which opened on Monday and ends Tuesday at the EDSA Shangri-La Manila hotel in Mandaluyong City.

Tetangco cited recent findings of the World Bank, which found that the Philippines has been making financial inclusion gains as “the percentage of Filipino adults with formal accounts increased to 31.3% from the 26.6% baseline figure in 2011.”

“These accounts refer to those held in banks, cooperatives or microfinance institutions or as mobile money,” he said.

Tetangco further said that 17.8 percent of the poorest 40 percent of Filipino adults “now have a formal financial account.”

“These are not small improvements especially when you consider that 37 percent of our LGUs (604 out of 1,634) are still unserved by any bank,” Tetangco also said.

The BSP also urged rural banks “to be the stimulus” for countryside communities while they figure out how to right size and streamline their operations and use technologies suited to meeting their goals.

He invited the RBs to join the BSP in pushing forward the “National Strategy for Financial Inclusion” to be launched in July. — ELR, GMA News

More from: http://www.gmanetwork.com/news/story/489374/economy/moneyandbanking/bsp-gov-to-rural-banks-reach-out-to-more-unserved-towns-cities