Strategies and Opportunities for Rural Banks

What are the new strategies and  innovative ways that can be explored by RBs and eventually, adopted by the whole rural banking industry?   These are the diverse  and topical challenges faced by rural banks today as they try to find effective ways to better serve their clients.  Fortunately, experts from banking and finance discussed and presented several methods on how the  industry can resolve these issues during the RBAP Confederation/Federation President’s Meeting last Wednesday, October 25.  To give you a glimpse of what transpired at the SMX Convention Centre, we highly encourage our readers and followers to click the attached PDF and URL links below.

Problem Bank Resolution Strategies

RBAP_SMXpresentation_25Oct2011

http://www.rbap.org/wp-content/uploads/2011/10/RBs-BRIEFING-ON-PHILPASS-REMIT-10.25.114.ppt

http://www.rbap.org/wp-content/uploads/2011/10/Cora-Miller3.ppt

 

 

 

 

Compilation of latest BSP Issuances

The Rural Bankers of the Philippines, which will be celebrating its charter anniversary in November, recently held its monthly Confederation Meeting at the SMX Convention Center in Pasay City.  One of the highlights of the event was the presentation by the Bangko Sentral ng Pilipinas on four (4) circulars benefitting the rural banking industry. Worth mentioning among the vast significant issuances is Circular No. 723, or the Outsourcing of Automated Teller Machine Service for off-site ATMs.   Included on this particular issuance are certain conditions, which are subject to prior approval of the Monetary Board. To know more about this and other salient provisions, please click the attached PowerPoint presentation prepared by the BSP.BSP issuances

 

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