BSP Memorandum No. M-2015-008: Strengthening Program for Rural Banks (SPRB) Plus
To download a copy in PDF, please click on this link: m008
SPRB Plus
Think big, aim high
In the face of the ever present stiff competition from bigger banking brethren, rural banks need to rapidly evolve and “be big enough” to remain efficient and profitable. Rural banks will continue to have a niche market in the ultra-competitive banking industry even if a spate of mergers and consolidation shapes the future of the …
Rural banks as white knights?
From a potential acquiree, rural banks may soon find themselves as a possible acquirer this time around. In a dramatic twist of events, well-capitalized rural banks are now in a position to acquire ailing cooperative banks. This came about after the Bangko Sentral ng Pilipinas (BSP), Philippine Deposit Insurance Corp. (PDIC) and Land Bank of …