May 2014

BSP Circular No. 832: Increase in Reserve Requirements

Leave a Comment / Latest BSP Issuances / By rbapadmin

The Monetary Board, in its Resolution No. 703 dated 8 May 2014, approved the 1-percentage-point increase in the reserve requirements of universal/commercial banks (UBs/KBs), thrift banks (TBs) and non-bank financial institutions with quasi-banking functions (NBQBs). The required reserves for rural banks (RBs) and cooperative banks (Coop Banks), as well as for Long-term Negotiable Certificate of …

BSP Circular No. 832: Increase in Reserve Requirements Read More »

Accounting For Non-Accountants – Jul 15-16, 2014

Leave a Comment / Events and Activities, Seminars / By RBAP

Accounting for Non-Accountants Seminar Date: July 15-16, 2014 (Tue-Wed) Venue: RBAP, Intramuros, Manila Time: 8:30am to 5:30pm Resource Person: PROF. DANIEL VINCENT BORJA Associate Professor, College of Business, UP Seminar Fee: 1. Early bird – P4,000.00 (on or before June 27, 2014) 2. Regular Rate – P4,500 (After June 27, 2014) 3. Non-Member/Delinquent – P5,400 …

Accounting For Non-Accountants – Jul 15-16, 2014 Read More »

Rural banks seen merging ahead of integration

Leave a Comment / Latest Industry News / By rbapadmin

DAVAO CITY — Consolidations and mergers among rural banks are expected as they prepare to compete with those of other countries under the Association of Southeast Asian Nations (ASEAN) economic integration next year. RELATED STORIES Myanmar’s fresh start a chance for inclusiveness, banker says Financial integration pushed Bank M&As seen accelerating Benefits seen from ASEAN …

Rural banks seen merging ahead of integration Read More »

[Presentations] 61st RBAP Annual National Convention – Davao City, May 21-22, 2014

Leave a Comment / Latest News / By rbapadmin

Dear rural bankers, We are pleased to inform everyone that the 61st RBAP Annual National Convention Presentations held last May 21-22, 2014 at SMX Convention Center are already uploaded. To download a copy, please click on the link provided below: DAY 1 1. Speech of BSP Deputy Governor Nestor A. Espenilla, Jr. 2. Mr. Restituto …

[Presentations] 61st RBAP Annual National Convention – Davao City, May 21-22, 2014 Read More »

GXI and RuralNet MOA Signing

Leave a Comment / Featured Stories, Latest News / By RBAP

To advance the use of technology among rural banks, RuralNet Inc. and G-Xchange Inc., the mobile commerce subsidiary of Globe Telecom, signed a Memorandum of Agreement on May 16, 2014 to launch the CashKo money card, a 3-in-1 card that works as an ATM card and allows rural bank clients make transactions through the internet …

GXI and RuralNet MOA Signing Read More »

2014 RBAP Annual National Convention Program

MB Approves Financial Consumer Protection Framework

Leave a Comment / Latest Industry News / By rbapadmin

The Monetary Board (MB) approved the adoption of the Financial Consumer Protection Framework of the Bangko Sentral ng Pilipinas (BSP) to institutionalize consumer protection as an integral component of banking supervision in the country. The new framework has been crafted based on the fundamental tenets of consumer empowerment, market conduct and collective responsibility. The Framework …

MB Approves Financial Consumer Protection Framework Read More »

Official List of Candidates for 2014 RBAP Elections

Basic Microinsurance Training Course, June 19-20 Manila

Leave a Comment / Events and Activities, Training Courses / By RBAP

Basic Microinsurance Training Course Date: June 19-20, 2014 (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 regulations: …

Basic Microinsurance Training Course, June 19-20 Manila Read More »