MVSM Bank Celebrates 60th Anniversary
MVSM Bank celebrated its 60th anniversary last July 24, 2013 at the iconic Capitan Moys in Marikina City. Gracing this event is Marikina Vice Mayor Fabian Cadiz.
September 2013
MVSM Bank Celebrates 60th Anniversary
MVSM Bank celebrated its 60th anniversary last June 24, 2013 at the iconic Capitan Moys in Marikina City. Gracing this event is Marikina Vice Mayor Fabian Cadiz. MVSM is a merger between Marikina Valley Rural Bank and Bank of San Mateo. Both banks are pioneer banks in their respective towns and were the only banks …
RBAP HAILS ONB, RB OF SAGAY FOR 2013 SSS BALIKAT NG BAYAN AWARD
The Rural Bankers Association of the Philippines (RBAP) congratulates One Network Bank, Inc. and the Rural Bank of Sagay for bagging the Social Security System’s (SSS) Balikat ng Bayan Award last September 9. The award was given in celebration of the SSS’ 56th Anniversary and in recognition of the invaluable role of employers, banks and …
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Rural Bank of Mangaldan: 50 Years of Genuine Commitment and Excellent Service
The Evolution of Rural Bank of Mangaldan: The original old building of the rural bank in 1963 (Left) and the Rural Bank of Mangaldan at present (Right).
Rural Bank of Mangaldan: 50 Years of Genuine Commitment and Excellent Service
Unknown to many, the town name “Mangaldan” has different stories of origin. However, according to a Dominican Priest Fr. Raymundo Suarez, OP, in his manuscript, “Apuntes Cureosos de Pangasinan,” the word “Mangaldan” was derived from the root word “Alar” or “Alad,” which means a fence made of bamboo or of any similar material. Despite the …
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RNET-Land Bank of the Philippines MOA Signing
Business Partnership Agreement Signing between Rural Net (RNet) and the Land Bank of the Philippines (LBP)
BSP Grants Temporary Regulatory Relief to Banks located in Zamboanga City
The Monetary Board, in its Resolution No. 1551 dated 19 September 2013, approved the grant of the following temporary regulatory relief measures to banks with head offices and branches located in Zamboanga City, affected by armed assault/stand-off which commenced on 09 September 2013: 1. Exclusion of the loans of borrowers in the affected areas, which …
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Landbank cites outstanding rural banks
MANILA, Philippines – For the 15th consecutive year, the Land Bank of the Philippines (LBP) once more paid tribute to its outstanding partner countryside financial institutions (CFIs). LBP president and chief executive officer Gilda E. Pico said CFIs have unique strengths and potentials that allow them to truly play a distinct role in countryside development. …
BSP Reports: FRP & CAR – Oct 10-11, 2013 Apoview Hotel Davao
FOR : ALL PARTICIPATING RURAL BANKS SUBJECT : STRENGTHENING PRUDENTIAL REPORTING AND UPDATES ON BSP REGULATIONS Dear Fellow Rural Bankers: The Rural Bankers Association of the Philippines (RBAP), through the Rural Bankers’ Research and Development Foundation, Inc. (RBRDFI) is pleased to announce that it will conduct the seminar-workshop described below as part of its continuing …
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In safe hands
Recently, the Bangko Sentral ng Pilipinas reported that the personal remittances from Overseas Filipino Workers (OFWs) grew from 6.4 percent to $13.9 billion for the first half of 2013, compared to the same period a year ago. The sustained growth was still largely driven by the land-based OFWs whose remittances comprised of about threefourths (75.2 percent) of the …
REMINDER: October 7, 2013 – Deadline for Submission of 3Q Deposit Interest Rates
August 27, 2013 Dear Federation and Confederation Presidents and RBAP Members: As part of our commitment with the Bangko Sentral ng Pilipinas (BSP), we would like to remind you of the submission of deposit interest rates for the Third Quarter of 2013. The deadline for the submission of the Third Quarter Deposit Interest Rates is …
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BSP Grants Regulatory Relief to Banks Affected by Typhoon “Labuyo” and by Southwest Monsoon (Habagat) Enhanced by Tropical Storm “Maring”
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 “Labuyo” and by Southwest Monsoon (Habagat) enhanced by Tropical Storm “Maring” which devastated several parts of the country from 12 to 21 August 2013. Eligible …