RBAP-RBRDFI Dec. ’16 Holiday Notice

Credit Information System Act (CISA) Iloilo

CISA PP.Iloilo

Rural Banking Week

CSTRB program

You can also download the CSTRB program in PDF

CCLRB program

You can also download the CCLRB Program in PDF

ANNOUNCEMENT: PAL OFFERS SPECIAL RATE FOR RBAP’S 56th CHARTER ANNIVERSARY SYMPOSIUM

14 October 2013

 

Dear fellow rural bankers,

Flag-carrier Philippine Airlines slashed its fares by 10% for member rural banks of the Rural Bankers Association of the Philippines (RBAP) in time for the 56th Charter Anniversary Symposium, which will be held on November 11-12, 2013 at the Polkabal-Rigodon Hall of the Manila Hotel.

Book within October 14-31, 2013 to avail of PAL’s special 10% discounted rate on base fare of Regular Economy class.

Other conditions are as follows:
1. To be eligible, traveler must be a participant of the RBAP Symposium and their respective travel companion/s.
2. Travel companion/s to travel at least one (1) flight with the delegate. Tickets must be purchased at the same time with the same routing as the delegate.
3. 10% discounted rate is exclusive of YQ, ASF, TSC, DPSC and 12% VAT for PR-operated and PR-2P codeshare flights.
4. Other fare discounts are not applicable such as Student, Senior Citizen, PWD, Military, Infant occupying a seat. Senior citizens, however, are VAT-exempted.
5. Valid for sale in the Philippines at any PR or 2P City and Airport Ticket Offices only.
6. For the requirements, kindly present the following documents: Bank ID (refer to the attached list of members) and certification from RBAP-member bank
7. Normal FBA and Mileage Accrual applies.

To download a copy of the PAL’s official communication to RBAP, please click on this link: PAL Discounted Rates

Thank you and we are looking forward to seeing you on the Symposium!

 

RBAP Secretariat

Nomination for MVP Bossing Awards

MVP Bossing Awards

 

Dear Rural Bankers,

The PLDT SME-Nation, in partnership with Go Negosyo, once again seeks to recognize the country’s leading entrepreneurs in this year’s search for the new Champions of Filipino Values in Business.

They are looking for fine Filipinos who continuously work hard by tapping skill, talent and technology in order to succeed in their respective business ventures. The contest is open to owners of Small and Medium Enterprises and homegrown Filipino businesses that have been in operation for at least 5 years.

If your “Bossing” is an inspiration to others, if his/her business exemplifies exceptional creativity and perseverance, then make his/her story part of SME history. Nominate him/her by filling out the nomination form, which can be downloaded here: MVP Bossing Awards Nomination form

Together with the nomination form, kindly attached the following documents:
1. DTI Business Permit/SEC Registration (photocopy of the cover page only)
2. Proof of current PLDT Business Subscription (ex. billing statement for one month of one account)
3. Essay answering the questions above.

Kindly submit completed application forms thru email at mvpbossingawards@pldt.com.ph, at Go Negosyo offices or PLDT SME Nation Offices. You may likewise submit the nomination forms thru your PLDT SME Nation Account Officers.

Thank you.

CIRCULAR LETTER: RBAP 56th Charter Anniversary Symposium

The Rural Bankers Association of the Philippines will hold its 56th Charter Anniversary Symposium on November 11-12, 2013 (Monday & Tuesday) at the Polkabal – Rigodon Hall, Manila Hotel.

The Symposium theme “RURAL BANKING: REINVENTING ITSELF FOR INCREASED RELEVANCE TO STAKEHOLDERS”, highlights the challenges of our industry in ensuring long-term sustainability. It focuses us to examine the continued viability of rural banking to its owners, its clients, to regulators and to the communities.

For this national gathering, we have invited resource speakers from various fields to provide an interactive assembly with workshops that will update on the progress, opportunities and challenges encountered by the rural banks.

The participants are encouraged to interact and reflect on the industry’s concerns, status and possible paradigms shifts in rural banking to establish a more effective banking system in the smaller communities.

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)

For further details, please click on the link to download the Circular Letter (including attachments): Circular Letter – RBAP 56th Charter Anniversary Symposium

REMINDER: October 7, 2013 – Deadline for Submission of 3Q Deposit Interest Rates

August 27, 2013

Dear Federation and Confederation Presidents and RBAP Members:

As part of our commitment with the Bangko Sentral ng Pilipinas (BSP), we would like to remind you of the submission of deposit interest rates for the Third Quarter of 2013.

The deadline for the submission of the Third Quarter Deposit Interest Rates is on October 7, 2013 (Monday). Kindly see attached file for the prescribed format.

To Federation and Confederation Presidents, kindly remind your members to submit their data on or before the set deadline of submission so their data will be included in the consolidated RBAP report that will be submitted to the BSP. Please email your deposit interest rates at info@rbap.org or michelle.rbap@gmail.com

We hope for everyone’s cooperation on the matter.

Thank you very much.

View/Download Template

Pumping fresh capital to rural banks

With the law allowing the infusion of foreign equity in rural banks now in place as embodied in Republic Act (RA) 10574, it is expected that foreign investors will start fostering partnerships with local industry players to fuel new investments to boost economic growth in the countryside. In the next months, financial strategies shall be planned, discussed and finalized.

The rural banking industry nowadays is comparable to top-rated stocks in the stock market, where share prices will go through the roof due to the rush of excitement among industry players. Anticipation will drive investors into buying shares, at least for the short term.

After the euphoria brought about by the passage of RA 10574, we should put into perspective the status of the rural banking industry in providing for the needs of its clientele, to see the possible effects of foreign investments in the industry.

Before the law was passed, only foreign banks are allowed to acquire equity in rural banks. Foreign individuals or entities are prohibited from doing the same.

The new law amended Section 4 of RA 7353, or the “Rural Bank Act of 1992,” and enables foreign individuals and entities to acquire equity of up to 60 percent in rural banks. To quote, “non-Filipino citizens may own, acquire or purchase up to 60 percent of the voting stocks in a rural bank. The percentage of foreign-owned voting stocks shall be determined by the citizenship of the individual or corporate stockholders of the rural bank.”

It is true that foreign investments will not pour in to the coffers of rural banks overnight. However, the thought of allowing foreign capital infusion in rural banks is just a small step that will pave way for the much-needed push for the industry. In the same way that it will also aid in the overall development of the countryside by creating an environment beneficial to foreign and local investors alike and encourage more borrowing activities from rural bank clients to finance their respective enterprises.

Based on the “2012 Status Report of the Philippine Financial System” of the Bangko Sentral ng Pilipinas (BSP), the rural banking industry continues to report gains from its core lending activities. In March 2012, it has posted a total loan portfolio of P110.70 billion, higher by 4.2 percent (P4.5 billion) in 2011.

The agricultural, hunting and fishery sector is still the main recipient of loans from the rural banks. In compliance with RA 6977, or the Magna Carta for Small Enterprises, as amended by RA 8289 and 9501, a total of P11.70 billion has been set aside by the rural banking industry for micro, small and medium enterprises credit. According to the same BSP report, rural banks exceeded the statutory floors of 8 percent for micro and small enterprises, and 2 percent for medium enterprises at P8.2 billion and P3.5 billion, respectively.

With the potential financial backing provided by foreign investors, these small achievements can be replicated to even likely register a double-digit growth rate in loan portfolio, which in effect places rural banks in a better position to serve rural areas especially amid the prognosis of a robust economic growth this year.

For 2013, financial analysts see the Philippine economy growing by 7 percent, mainly attributed to sound policy developments and economic fundamentals, which provide investors with a solid foundation for confidence in the Philippines.

As economic activities flourish, borrowings will also perk up, helping both the client and more significantly, the entire rural banking industry.

 

Published in The Manila Times, 6 June 2013

Disaster Recovery Program & Business Continuity Plan – May 30, 2013

FOR		: ALL PARTICIPATING RURAL BANKS

SUBJECT	:  DISASTER RECOVERY PROGRAM /
                                        BUSINESS CONTINUITY PLAN

Dear Fellow Rural Bankers:

The Rural Bankers Association of the Philippines (RBAP), through the Rural
Bankers’ Research and Development Foundation, Inc. (RBRDFI) is pleased to
announce that it will conduct the seminar-workshop described below as part
of its continuing strategy to strengthen the rural banking industry:

TOPIC

Disaster Recovery Program /Business Continuity Plan

PARTICIPANTS
Chairman, President, VP for Operations, Directors,
Compliance Officer, Internal Audit, Risk Management Officer,
Brach Head and Manager

DATE AND VENUE
May 30, 2013 (Thursday)
1 day (8:30AM-5:30PM)

Gov. Licaros Hall, RBAP Bldg., A. Soriano Ave.,
cor. Arzobispo St., Intramuros, Manila

RESOURCE PERSON

 Atty. Rene B. Betita
Trust and Investment Banker, Risk Management Officer,
Consultant/ Trainer and Academician

Registration Fee
a)	Early bird rate of Two Thousand Five Hundred Pesos only (P2, 500.00)/
per registrant on or before May 03, 2013
b)	Two Thousand Eight Hundred Pesos only (P2, 800.00)/ per registrant
after May 30, 2013.
c)	Three Thousand Three Hundred Sixty Pesos only (P3, 360.00).♣
Non-member rural banks. To avail of the regular registration fee,
non-member banks are encouraged to apply for membership with RBAP/RBRDFI.
Please call RBAP for details.

Training Policies:

1.	Before you deposit the registration fees, book your ticket (airline)
and secure accommodations, confirm first with RBAP-RBRDFI your training
slot, and wait for RBAP-RBRDFI acknowledgement on such reservation.

RBAP-RBRDFI will not be liable for any damage caused by unconfirmed
reservation(s). Likewise, once training is FULL, RBAP-RBRDFI has the right
to refuse participation or reimbursement on any damage brought by
unconfirmed reservations.

2.	Deadline for submission of registration is not later that May 24, 2013.

3.	A Non-Refundable commitment fee of P1,400.00 per participant (50% of
the registration fee). Payments can be remitted to the Rural Bankers
Research and Development Foundation, Inc. bank account (Land Bank of the
Philippines – Intramuros Branch Savings Account Number 0012-1046-26).
Proof of payment (i.e., deposit slip) should be sent immediately
verification at (02) 527-2980. Check payments, should be payable to Rural
Bankers Research and Development Foundation, Inc. (RBRDFI)

4.	Reservation via telephone conversation is accepted. However,
Registration Form and commitment fee must be settled 10 days prior the
seminar date or May 17, 2013. Otherwise, reservation is considered
cancelled.

5.	Cancellation Policy:
a)	10 days prior the seminar date is entitled for a full refund.
b)	3 days prior to the seminar date is entitled for a half refund
c)	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.
d)	Special cases (health, accident etc.), with written notice, kindly
coordinate with RBRDFI staff for refund procedures and requirements.

Please be advised that we accept on a first-come-first-served basis with a
manageable level up to thirty (30) participants only.

DISASTER RECOVERY PROGRAM
/ BUSINESS CONTINUITY PLAN

I.	COURSE DESCRIPTION
This course is a study of strategic and tactical planning for non-standard
operations resulting from events beyond the organization’s control.
Disaster Recovery and Business Continuity Planning prepares the
participant to develop and execute plans to enable the organization to
recover operations and continue critical business functions in the event
of a disaster. This course includes an overview of incident response
planning as a possible precursor to Disaster Recover and Business
Continuity and also examines Crisis Management planning

II.	COURSE OBJECTIVES
Provide an overview of the basic concepts in Disaster Recovery and
Business Continuity to assist the participant in appreciating and
formulating plans to respond to incidents and enable the participant to
create a basic disaster recovery program and business continuity plan for
his/her unit by a hands on plan creation activity.

III.	METHODOLOGY -
Lecturettes, Case Simulations, Group Discussions,  Drafting of a Business
Continuity Plan

IV.	PROGRAM FLOW
INTRODUCTION
A.	DEFINITION OF DRP AND BCP
B.	OBJECTIVES OF DRP/BCP
C.	RELATIONSHIP OF DRP AND BCP
D.	BENEFIT
CONCEPTS AND CLASSFICATIONS
A.	TYPES OF PLANS
B.	TYPES OF DISASTERS
1.	NATURAL DISASTERS
2.	MAN-MADE DISASTERS
PLANNING METHODOLOGY
A.	OBTAINING MANAGEMENT SUPPORT
B.	CREATING BCP/DRP COMMITTEE
C.	RISK IDENTIFICATION AND ASSESSMENTS
D.	ESTABLISHING PRIORITIES FOR OPERATIONS/PROCESSING
E.	DETERMINING RECOVERY STRATEGIES
F.	MONITORING AND TESTING PROCEDURES
MANUALIZING OF DRP/BCP
A.	FILLING IN A SAMPLE BCP/DRP
B.	ACQUISITION OF APPROVALS AND BUY-INS
C.	DEVELOPMENT AND CONTINUITY OF PLANS
EXPECTED OUTPUT:      Sample Business Continuity Plan

Download the Confirmation Sheet in PDF

AMLA Seminar: BSP Cir 706 -UARR – June 05,2013

AMLA Seminar: Briefing on BSP Cir.706 Updated AML Rules and Regulations

Date: June 5, 2013 (Wednesday)
Venue: Gov. Licaros Hall, RBAP Bldg, Intramuros, Manila
Time: 8:30am to 5:30pm
Resource Person: ATTY.  MEL GEORGIE B. RACELA, CPA, LLB, LIM
Dep. Dir. and Head of AMLSG , Banko Sentral ng Pilipinas

Seminar Fee:

1. Early bird – P1,710 (on or before May 17, 2013)
2. Regular Rate – P1,800 (After May 17, 2013)
3. Non-Member/Delinquent – P2,200

Mode of Payment

•	A Non-Refundable commitment fee of P900.00 per participant.
•	Bank account (LBP – Intramuros Branch Savings Account Number 0012-1046-26).
•	Proof of payment fax to (02) 527-2980.
•	Check payments, should be payable to (RBRDFI).

Training Policies:

1.	Reserve first with RBAP-RBRDFI your training slot, and wait for
RBAP-RBRDFI confirmation of your reservation. Thereafter, you may deposit
the Registration Fees, book ticket (airline) and secure accommodations.

RBAP-RBRDFI will not be responsible for any damage caused by unconfirmed
reservation (s).

Likewise, once training is FULL, RBAP-RBRDFI has the right to refuse
participation or reimbursement on any damage brought by unconfirmed
reservations.

Deadline for submission of registration is not later that May 31, 2013.

2.	Reservation via telephone conversation is accepted. However,
Registration Form and fee must be settled 10 days prior the seminar date
or May 24, 2013. Otherwise, reservation is considered cancelled.

3.	Cancellation Policy: - This will apply to non-subsidized training fee.
a)	10 days prior the seminar date is entitled for a full refund. *Regular
Rate only

b)	3 days prior to the seminar date is entitled for a half refund *
Regular Rate only

c)	Participants who have paid but failed to show up for the seminar will
only be entitled to a rebate of 50% of the total registration fee.
(Regular Rate only)

d)	For special cases (health, accident etc.), kindly coordinate with
RBRDFI staff for refund procedures and requirements.

Seminar Methodologies

Lecture and Discussions

Expected Participants

President, Directors, Compliance Officer, Internal Auditors, Managers

Course Outline
I.	Review of Highlights of Circular No. 706
II.	Background on the amendments
III.	Amendments to Circular No. 706
IV.	AML Risk Rating System
V.	Question and Answer

**Part of the training requirement, participants are expected to read
beforehand the BSP Circular No. 706 dated 5 January 2011 otherwise known
as the Updated AML Rules and Regulations (UARR).  Copy of the BSP Circular
706 is attached for your reference.

Download the Confirmation Sheet in PDF

Visayas Management Conference March 14-15, 2013 at Oriental Hotel Leyte

The Leyte, Samar and Biliran Federation of Rural Bankers will hold its annual Managment Conference on March 14-15, 2013.

The date was moved back a few weeks later than its original schedule, which was Feb 21-22,2013.

Venue remains unchanged at Oriental Hotel Leyte, Baras, Palo, Leyte.

For more details please click the following links below:

2013 Management Conference -Registration Form

2013 VISAYAS MANAGEMENT CONFERENCE-Venue

2013 Visayas Management Conference

Hotel Rates

notice

CIRCULAR LETTER TO ALL RURAL BANKS IN VISAYAS

“RBAP-MABS Program transitions to RBAP’s Financial Inclusion Program

The Rural Bankers Association of the Philippines – Microenterprise Access to Banking Services (RBAP-MABS) Program, which the United States Agency for International Development (USAID) supported from 1998 to September 2012, has transitioned into RBAP’s FINANCIAL INCLUSION Program (FIP). RBAP’s technical arm, Rural Bankers Research and development Foundation (RBRDFI), is leading the implementation of FIP.  Hoping to reach out to RBAP’s broader membership base, the Program aims to continue  promoting good practices and principles in microfinance through training and various fora. A program of training will continue to be offered on topics like micro insurance, basic training for loan officers, delinquency management, training for supervisors, mobile phone banking, and more.

Recently concluded, MABS basic training for Microfinance field staff held on November 12-14, 2012 at the RBAP training facility was attended by 38 participants from 13 rural banks. Although intended for microfinance loan staff, participants that attended the training event included bank directors, branch managers, training officers, compliance officers who wanted to understand the basics of the MABS  Approach and tools that they could bring back with them to improve their bank’s microfinance portfolio.

RBAP, under the leadership of Atty. Edward Leandro Garcia, Jr,  will continue to build on strategic public private partnership to advance the use of technology for rural banking, advocate  appropriately designed micro loans, savings, and microinsurance, promote client protection principles and practices, and monitor rural banking sector performance.

Sustainability had been a key platform upon which the MABS program was envisioned when it started in 1988. Happily, going forward, the rural banking sector is assured with continuing to enjoy the association’s advocacy for best practices and principles in rural banking especially in serving the micro, small and medium enterprise owners and their households.”

BSP:Bank Lending Expands Faster in October

otal outstanding loans of commercial banks, net of banks’ reverse repurchase (RRP) placements with the BSP, expanded in October at a faster pace of 15.8 percent relative to the growth of 13.5 percent in September. Bank lending inclusive of RRPs grew by 14.2 percent, the same rate as in the previous month. Commercial bank loans have been growing at double-digit rates since January 2011. On a month-on-month seasonally-adjusted basis, commercial bank lending in October increased by 2.1 percent for loans net of RRPs and by 1.6 percent for loans inclusive of RRPs.

Loans for production activities—which comprised more than four-fifths of banks’ aggregate loan portfolio—grew by 16.4 percent in October from 13.9 percent in the previous month. Meanwhile, the growth of consumer loans eased slightly to 13.9 percent from 14.6 percent in September due mainly to the slowdown in auto loans.

The expansion in production loans was driven primarily by increased lending to the following sectors: wholesale and retail trade (by 46.5 percent); real estate, renting, and business services (28.6 percent); financial intermediation (31.8 percent); manufacturing       (14.6 percent); transportation, storage, and communication (28.2 percent); public administration and defense (49.3 percent); and electricity, gas, and water (13.8 percent). Meanwhile, declines were observed in lending to mining and quarrying (-39.4 percent) and agriculture, hunting, and forestry (-45.7 percent).

The recent rounds of monetary policy easing, alongside the favorable outlook for domestic demand, are expected to continue to support bank lending in the months ahead. Going forward, the BSP will continue to monitor liquidity conditions to ensure that credit activity remains supportive of overall economic growth while remaining consistent with the BSP’s price stability objective.

To view table, please see link below:

http://www.bsp.gov.ph/publications/tables/2012_12/news-12132012b1.htm

http://www.rbap.org/2012/12/bspbank-lending-expands-faster-in-october/