March 28, 2014

Malarayat Rural Bank, Inc. celebrates its 58th Anniversary

The Malarayat Rural Bank, Inc. (MRBI) has reached a milestone as it celebrated its 58th anniversary last March 26, 2014 at the bank’s head office in Lipa City, Batangas. The event, attended by the bank’s Board of Directors and staff, opened with a Thanksgiving mass presided by Lipa Cathedral Parish Priest Msgr. Rafael “Boy” Oriondo. …

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BSP Memorandum No. M-2014-015: Revised Effectivity Date of Reporting the Movement and Aging of Non-Performing Loans (NPLs)

With reference to Memorandum No. M-2013-053 dated 06 December 2013 on the Enhancements to the Financial Reporting Package (FRP) related to the new reportorial requirement intended to account for the movement in and aging of NPLs, the effectivity date of said new reportorial requirement is hereby moved to reporting period quarter ending 30 June 2014 …

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BSP Memorandum No. M-2014-017: Enhancements to the Risk-Based Capital Adequacy Ratio (CAR) Report in Relation to Recently Issued Regulations

Dear rural bankers, The Bangko Sentral ng Pilipinas issued Memorandum No. M-2014-017 on the Enhancements to the Risk-Based Capital Adequacy Ratio (CAR) Report in Relation to Recently Issued Regulations. Pertinent provisions are as follows: Pursuant to Circular No. 827 dated 28 February 2014 on the amendment to the Risk-based Capital Adequacy Framework for Stand-Alone Thrift …

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