Attached for your guidance is the Memorandum to All Banks on the Updated Published Balance Sheet and Consolidated Balance Sheet pursuant to Circular No. 788 dated 26 February 2013 and Circular No. 576 dated 8 August 2007 on the Publication/Posting of Balance Sheet. The said template shall be adopted starting with the reporting period ended …
As the rural banking industry waits for the amendment of Rural Bank Act allowing foreign equity, a couple more legislative measures are poised to provide a tremendous boost to the industry’s cause. Under Senate Bill 3255 or “An Act Governing the Creation and Accreditation of Microenterprise Development Institutions [Microdevs],” microfinance institutions like rural banks are …
The mission of the Rural Bankers Association is to support the ability of its members to offer quality banking services to all their constituencies, comply with regulatory requirements, and to promote the welfare of the communities in which they operate.
