November 2012

RBAP: 55th Charter Anniversary Symposium

The Rural Bankers Association of the Philippines celebrated its 55th Charter Anniversary Symposium at Fiesta Pavilion Manila Hotel last November 19 and 20. The event was graced by representatives from different banking sectors and distinguished people from the regulators office like the Bangko Sentral ng Pilipinas. One of the guests were Monetary Board member Ignacio …

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BSP Grants Regulatory Relief to Banks Affected by Typhoon “Gener”

The Bangko Sentral ng Pilipinas is granting regulatory relief measures to banks to enable them to similarly assist and ease the financial burden of bank customers adversely affected by Typhoon “Gener” which devastated several parts of the country last 28 July to 2 August 2012.  Eligible for the relief measures are those in the following …

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BSP Issues Reminder on Rules for Transport of the Philippine Peso

The Bangko Sentral ng Pilipinas (BSP) is reminding travellers to/from the Philippines (both residents and non-residents) that under Section 4 of the Manual of Regulations on Foreign Exchange Transactions (FX Manual) issued by the Bangko Sentral, a person may without prior BSP approval, bring into, import or electronically transfer legal tender Philippine notes and coins, …

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Signature Verification & Forgery Detection Seminar – Dec 11, 2012

FOR : ALL PARTICIPATING RURAL BANKS SUBJECT : SIGNATURE VERIFICATION, BANK FRAUD AND FORGERY DETECTION SEMINAR 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 rural banking …

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MALAYA BUSINESS INSIGHT: RBAP loans under MABS reaches P42B

The country’s rural banks were able to lend to over 970,000 new borrowers, disbursed a total of P42 billion, and opened nearly 900,000 new micro deposit accounts under the  Microenterprise Access to Banking Services (MABS), an organization funded by the U.S. Agency for International Development (USAID). On top of this, mobile banking has reached more …

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PHILIPPINE STAR: Microinsurance best for migrant workers

MANILA, Philippines – Migrants often serve as the equivalent of an informal insurance policy when adversity strikes their families back home but they themselves tend to be vulnerable and have limited access to social protection in host countries. Insurance could help address some of the risks involved but it is often too costly, complex and difficult to …

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RE-POST: RBAP 55th Charter Anniversary Symposium

Rural Bankers Association Philippines 55th Charter Anniversary November 19-20,2012 at the Manila Hotel. The Charter Anniversary Symposium is an annual gathering of Filipino Rural Bankers tackling issues, innovations and accomplishments of the rural banking industry. For more details, please click the provided link: RBAP 55th Charter Anniversary  

Report on the Philippine Financial System for First Semester of 2012

The Bangko Sentral ng Pilipinas (BSP) recently released the Status Report on the Philippine Financial System for the first semester of 2012.  The report provides an account of the performance of the banking system and other financial institutions under BSP supervision such as non-banks with quasi-banking functions, trust entities, and non-stock savings and loan associations.  …

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