If there is one message the onslaught of super typhoon Yolanda has so savagely delivered to numerous businesses in the country, it’s that the debilitating impact of natural calamities has been increasingly harder to predict, much less prepare for. Climate change has rewritten the rules of Mother Nature. What used to be regarded as “un-floodable” …
The Monetary Board, in its Resolution No. 1959 dated 21 November 2013 approved to temporarily waive the presentation of official Identification Document (IDs) in processing transactions of victims of Super Typhoon Yolanda. For further details, please visit: http://www.bsp.gov.ph/downloads/regulations/attachments/2013/m052.pdf To download a copy of the Memo, please click this link: BSP Memorandum No. M-2013-052
RBAP and the Foundation of Economic Freedom as represented by its President Calixto Chikiamco signed a Memorandum of Understanding to advocate and disseminate information on credit access and other public land titling among RBAP member banks, local government units, titling beneficiaries and other stakeholders.
Symposium Master of Ceremonies Mr. George Dycaico with Mr. Gus Poston of Bridge Advisory and Credit Information Corporation President Jaime P. Garchitorena
Rep. Nelso P. Collantes of Batangas with the RBAP Batangas Federation members
RBAP Board with Keynote Speakers Deputy Governor Nestor A. Espenilla, Jr. of the Bangko Sentral ng Pilipinas and Rep. Nelson P. Collantes of Batangas. (L-R) Dir. Enrique Jose C. Estrada, RBRDFI Chairman Atty. Edward Leandro Z. Garcia, Jr., RBAP President Vittorio Z. Almario, RBAP Executive Director Vicente R. Mendoza.
The combined non-performing loans (NPLs) of thrift, rural and cooperative banks represented 7.32 percent of their total loan portfolio (TLP) of Php 597.57 billion at the end of second quarter this year. The gross NPL slightly improved from the 7.77 percent in March 2013 as the banks’ NPLs declined by less than one percent amid …
TBs, RBs and Coop Banks Loan Quality Improves in Q2 Read More »
Before super typhoon Yolanda brought unspeakable destruction and carnage to the Visayas region, the term “storm surge” was not yet part of the Filipino lexicon in relation to disaster preparedness. Despite the early warnings and anticipation that it could be the strongest typhoon to hit Philippine shores to date, nobody expected that the damage would …
Dear rural bankers, Please be advised that the Bangko Sentral ng Pilipinas (BSP) has issued Memorandum No. M-2013-050 which provides for regulatory relief for banks affected by Typhoon Yolanda. To download a copy of this document, please click on this link: BSP Memorandum No. M-2013-050 Thank you. RBAP Secretariat
19 November 2013 To: ALL RURAL BANK OWNERS RE: Donation for Typhoon Yolanda victims ______________________________________________________________________________ Dear Fellow Rural Bankers: As we all well know now, Typhoon Yolanda, recorded as the strongest typhoon ever in history, cut across a large swath of provinces in the central Philippines, from Samar to Palawan. This unprecedented devastation ruined countless …
RBAP Opens LBP Account For Typhoon Yolanda Victims Read More »
As the Rural Bankers Association of the Philippines celebrates its 56th anniversary this year, the question is asked: Has the industry successfully met its main objective some 50 years after its creation? Admittedly, in spite of the presence of rural banks in most rural communities and their best efforts to reach out to the poor …
Dear rural bankers, Attached for your guidance is the Memorandum to All Rural Banks and Cooperative Banks on the Guidelines on the Electronic Submission of the Weekly Report on Required and Available Reserves Against Deposit Liabilities dated 7 November 2013. The updated WRRAR reporting data entry template shall be used effective for reserve report week-ending …
Dear rural bankers, We are pleased to inform everyone that the first batch of the RBAP 56th Charter Anniversary Symposium Presentations are already uploaded. To download a copy, please click on the link provided below: DAY 1 1. Managing Relevant Change: A Road Ahead for the Rural Banking Industry by BSP Deputy Governor Nestor A. …
NEW: RBAP 56th Charter Anniversary Symposium Presentation Read More »
Date Issued: 11.06.2013 CIRCULAR NO. 817 Series of 2013 Subject: Amending Subsections X361.5 and X361.7, Manual of Regulations for Banks, on the Granting of Housing Microfinance and Micro-Agri Loan To download, please click on this link: c817
The rural banking industry is now starting to feel the effects of the policies laid down by regulators to encourage more growth among rural banks. In the coming months, 13 rural and cooperative banks will get to open new branches after the Bangko Sentral ng Pilipinas gave them authority to open new branches in different …
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.
