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August 2013

BSP Circular No. 809: Amendment to Relevant Provisions of the Manual of Regulations for Banks Implementing RA 10574

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Dear RBAP Members: Below is Bangko Sentral ng Pilipinas (BSP) Circular No. 809 Series of 2013: Amendment to Relevant Provisions of the Manual of Regulations for Banks Implementing RA 10574 The Circular is posted on their official website and can be accessed through: http://www.bsp.gov.ph/downloads/regulations/attachments/2013/c809.pdf To download, please click: IRR – Foreign Equity Law Thank you.

Pres. Benigno Aquino’s Message for the Rural Banking Week

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MESSAGE My warmest greetings to the Rural Banking Association of the Philippines as you observed the Rural Banking Week. In the past three years of our administration, we have witnessed a steady rise in our country’s economic trajectory. Our newly instituted social and fiscal reforms – supported by unprecedented growth in GDP, upgrades from international credit …

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(UPDATE) President’s Message re: RB Week 2013

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Dear fellow rural bankers, Good relationships are maintained through effective communication. In this pursuit, please check your bank’s contact details at the RBAP website (click “Directory”, then “Members”).  Make sure that all details are correct and are in use by your bank. Any inaccuracy in your contact details is picked up by our regulators, which …

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Emergency kit during calamity

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Torrential rains brought about by Tropical Storm “Maring” recently pounded parts of Luzon including Metro Manila into submission, causing floods in a number of main thoroughfares. Aside from floods and the resulting massive traffic jams, another usual sighting during these unfortunate times is families that found their homes submerged in flood waters being relocated to higher, dry grounds by …

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BSP Circular No. 808: Guidelines on Information Technology Risk Management for All Banks and Other BSP Supervised Institutions

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Dear RBAP Members: Below is Bangko Sentral ng Pilipinas (BSP) Circular No. 808 Series of 2013: Guidelines on Information Technology Risk Management for All Banks and Other BSP Supervised Insitutions The Circular Letter is posted on their official website and can be accessed through: http://www.bsp.gov.ph/downloads/regulations/attachments/2013/c808.pdf   Thank you.

“USAPANG PERA: MGA DAPAT ALAMIN, A PDIC GUIDEBOOK ON BASIC BANKING & FINANCIAL TRANSACTIONS”

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Dear member rural banks, In commemoration of its 50th anniversary, the Philippine Deposit Insurance Corporation (PDIC) recently launched a book titled “USAPANG PERA: MGA DAPAT ALAMIN, A PDIC GUIDEBOOK ON BASIC BANKING & FINANCIAL TRANSACTIONS” that will serve as a practical guide for all Filipinos, from overseas Filipino workers, retirees, and senior citizens, to those in …

“USAPANG PERA: MGA DAPAT ALAMIN, A PDIC GUIDEBOOK ON BASIC BANKING & FINANCIAL TRANSACTIONS” Read More »

PDI Letter to the Editor: Rural banking leaner but healthier than ever

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Letter to the Editor The Philippine Daily Inquirer, Aug 19   This letter is to correct the misconceptions that the Aug. 13 editorial “Rural banking woes” may have created among Inquirer readers. The rural banking industry today may be leaner but healthier. The reach of its 2,500 branches across the country is wider and they …

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IMPORTANT ANNOUNCEMENT – August 19, 2013

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Due to incessant torrential rains and severe flooding brought about by Tropical Storm Maring since Sunday night, the Bangko Sentral ng Pilipinas (BSP) advised the CANCELLATION OF CHECK CLEARING FOR TODAY. On a separate note, the RBAP office is CLOSED TODAY  but will resume regular office operations tomorrow, August 20, 2013. We are still reachable via email and …

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Monetary Board approves the Enhanced Information Technology Risk Management Framework for BSP-Supervised Institutions

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The Monetary Board, in its Resolution No. 1286 dated 1 August 2013, has approved the issuance of the enhanced Information Technology Risk Management (ITRM) framework which updates existing IT-related guidelines under Sections X176 and X705 of the Manual of Regulations for Banks (MORB).  It shall cover not only all types of banks but also non-bank …

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Compliance Officer’s Dev Workshop – Sept 27-28, 2013 in CDO

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FOR : ALL PARTICIPATING RURAL BANKS FROM : MOBCI- Association Of Compliance Officers- President SUBJECT : Compliance Officers’ Development Program Dear Fellow Rural Bankers: The Rural Bankers Association of the Philippines (RBAP), through the Rural Bankers’ Research and Development Foundation, Inc. (RBRDFI) in partnership with the Misamis Oriental- Bukidnon- Camiguin & Iligan- Association Of Compliance …

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Basic MicroInsurance Training Course – Sept 26 -27, 2013

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BASIC MICROINSURANCE TRAINING COURSE (BATCH 23) Date: September 26-27, 2013 (Thursday-Friday) Venue: RBAP, Intramuros, Manila Time: 8:00am to 5:00pm Course Description: This training aims to enhance the capacity of rural banks to serve as effective access points for microinsurance services for its low-income clients. It is also designed to ensure bank compliance with the following …

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Circular Letter: Basic Course on Corporate Governance for Bank Directors

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FOR: ALL PARTICIPATING RURAL BANKS SUBJECT: CIRCULAR LETTER: BASIC COURSE ON CORPORATE GOVERNANCE FOR BANK DIRECTORS The Rural Bankers Association of the Philippines (RBAP), and Rural Bankers’ Research and Development Foundation, Inc. (RBRDFI) through the Aklan Federation of Rural Banks (AFRB) is pleased to announce that it will conduct the seminar-workshop described below as part …

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2013August

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2004 – 2022 · All Rights Reserved
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