June 21, 2011

BY Ann Rozainne R. Gregorio, Reporter (Business world) RURAL BANKS are urged to hasten mergers or consolidations to create stronger banks that will not only provide better products and services to clients, but more importantly, compete with commercial banks that have started to branch out to the countryside, the incoming president of the association of …

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By Ted P. Torres (The Philippine Star) MANILA, Philippines – The rural banking system is reviewing the Strengthening Program for Rural Banks (SPRB) in an attempt to speed up the process of consolidation. The SPRB is a consolidation program initiated by both the public and private sector, supported by a P5-billion financial assistance fund. The …

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