May 2, 2012

Philippine Star: Admin lawmakers urge incentives for RB acquisitions

MANILA, Philippines – Administration lawmakers urged the Bangko Sentral ng Pilipinas (BSP) to enhance the incentives currently being offered to financial institutions that will acquire troubled rural banks to encourage mergers and prevent more closures of banks in the countryside. Cagayan de Oro Rep. Rufus Rodriguez and Abante Mindanao party-list Rep. Maximo Rodriguez Jr. filed …

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Notice on new photo-bearing Philhealth Cards

As per Memorandum No. 021 of the Bangko Sentral ng Pilipinas, dated 27 April, the new photo-bearing Philhealth Cards issued by an official authority are now comparable in quality with those issued by the SSS, GSIS and LTO and, eligible to facilitate financial transactions of said Philhealth members. With this new ruling, photo bearing Philhealth …

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