FOR : ALL PARTICIPATING RURAL BANKS FROM : MA. CORAZON L. MILLER, ChairmanTellering SUBJECT : BASIC COURSE ON TELLERING Dear Fellow Rural Bankers: The Rural Bankers Association of the Philippines (RBAP), through the Rural Bankers’ Research and Development Foundation, Inc. (RBRDFI), will conduct a seminar described below as part of its continuing strategy to strengthen …
The Monetary Board, in its Resolution No. 792 dated 26 May 2011, approved the revised rules and regulations governing the mandatory credit allocation for agriculture and agrarian reform credit to implement the provisions of Republic Act (R.A.) No. L0000 dated 23 February 2010, The Agri-Agra Reform Credit Act of 2009. Download the Full Circular …
But bank officials claim mandated lending may be bad for business By: Michelle V. Remo Philippine Daily Inquirer Monday, September 5th, 2011 The Bangko Sentral ng Pilipinas has issued the necessary guidelines to implement the new and stricter Agri-Agra law amid protests from the country’s banking sector. The law’s amended version, Republic Act No. 10000, calls for stricter implementation of the provisions …
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