President’s Corner

BSP Issues Reminder on Rules for Transport of the Philippine Peso

The Bangko Sentral ng Pilipinas (BSP) is reminding travellers to/from the Philippines (both residents and non-residents) that under Section 4 of the Manual of Regulations on Foreign Exchange Transactions (FX Manual) issued by the Bangko Sentral, a person may without prior BSP approval, bring into, import or electronically transfer legal tender Philippine notes and coins, …

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MALAYA BUSINESS INSIGHT: RBAP loans under MABS reaches P42B

The country’s rural banks were able to lend to over 970,000 new borrowers, disbursed a total of P42 billion, and opened nearly 900,000 new micro deposit accounts under the  Microenterprise Access to Banking Services (MABS), an organization funded by the U.S. Agency for International Development (USAID). On top of this, mobile banking has reached more …

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PHILIPPINE STAR: Microinsurance best for migrant workers

MANILA, Philippines – Migrants often serve as the equivalent of an informal insurance policy when adversity strikes their families back home but they themselves tend to be vulnerable and have limited access to social protection in host countries. Insurance could help address some of the risks involved but it is often too costly, complex and difficult to …

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RE-POST: RBAP 55th Charter Anniversary Symposium

Rural Bankers Association Philippines 55th Charter Anniversary November 19-20,2012 at the Manila Hotel. The Charter Anniversary Symposium is an annual gathering of Filipino Rural Bankers tackling issues, innovations and accomplishments of the rural banking industry. For more details, please click the provided link: RBAP 55th Charter Anniversary  

PDIC advises public on fake social media accounts

PDIC warns the public against fake social media accounts The Philippine Deposit Insurance Corporation (PDIC) warned the public to avoid making transactions with facebook accounts that use PDIC’s name. The state deposit insurer maintained that it does not have a facebook account nor accounts in other social media. Hence, all social media accounts pertaining to …

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RE-POST: RBAP 55th Charter Anniversary Symposium

Rural Bankers Association Philippines 55th Charter Anniversary November 19-20,2012 at the Manila Hotel. The Charter Anniversary Symposium is an annual gathering of Filipino Rural Bankers tackling issues, innovations and accomplishments of the rural banking industry at present. For more details, please click the provided link: RBAP 55th Charter Anniversary

RE-POST:55th Charter Anniversary Symposium

Rural Bankers Association Philippines 55th Charter Anniversary November 19-20,2012 at the Manila Hotel. The Charter Anniversary Symposium is an annual gathering of Filipino Rural Bankers tackling issues, innovations and accomplishments of the rural banking industry at present. For more details, please click the provided link: RBAP 55th Charter Anniversary

Dialogue between SBRP and RBAP

The Rural Bankers Association of the Philippines (RBAP) met with the  Samahang Bangko Rural ng Pangasinan (SBRP) last September to discuss banking innovations and developments in the countryside. Together, The SBRP and RBAP rekindled its passion for banking and financial inclusion.

On line conference by Microsave

MicroSave would like to invite rural bankers for its upcoming on line conference on October 30-31,2012. The conference will highlight the experiences of successful micro-insurance providers and how aspiring micro-insurance agents can penetrate the market. The Virtual Conference will be broken up into 3 hours long sessions, over 2 days. To view full details, please clik on the link …

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CIRCULAR LETTER NO. CL-2012-072: Cavite United Rural Bank, Corp. – Establishment and Commencement of Operation

The Rural Bankers Association of the Philippines and the Bangko Sentral ng Pilipinas wishes to inform the bankers community of the establishment of a new bank located in Trece Martires, Cavite called Cavite United Rural Bank. To view full details of circular, please click the ink below: http://www.bsp.gov.ph/downloads/regulations/attachments/2012/cl072.pdf

Please be advised that the Bangko Sentral ng Pilipinas-Anti-Money Laundering Council wishes to inform the Rural Banks about a resolution concerning the Anti-Money Laundering Law. Kindly read the message below.   The Anti-Money Laundering Council (AMLC) issued Resolution No. TF-02, dated 08 October 2012, directing covered institutions to freeze and preserve without delay property or …

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