Day: July 5, 2012

Poster requirements for the Truth in Lending Act

This is to notify all member banks of the recently promulgated BSP memorandum on poster requirements for the Truth in Lending Act, enhancing loan transaction transparency, signed on July 3, 2012. Please take the time to read the standard requirements, stipulated in memorandum 2012-030.  To see the specifications and sample template, please download the aforementioned …

Poster requirements for the Truth in Lending Act Read More »

5 Rural banks now Accredited RFIs

The Rural Bankers Association of the Philippines once again congratulates five of its members banks for being certified by the Bangko Central ng Pilipinas as Accredited Rural Financial Institutions (ARFI) as of June 15, 2012.   This accreditation basically certifies that the loan portfolio of the five new ARFIs complies with the qualification requirements prescribed …

5 Rural banks now Accredited RFIs Read More »