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RBAP Board Resolution on Yolanda Donation Disbursement

Dear rural bankers,

Please be advised that in the recent RBAP-RBRDFI Joint Meeting held last December 6, 2013 at the RBAP Office, it was approved that the total cash donations that we received amounting to P1,811,417.50 coming from 34 RB owners and various Federation and Confederations will be distributed to affected member rural banks in good standing.

Likewise, the Board also extended further assistance through condonation of association dues of affected rural banks for a period of one (1) year.

For your guidance.

RBAP Secretariat