Pursuant to Monetary Board Resolution No. 783 dated 15 May 2014, Subsection X156.1 of the Manual of Regulations for banks (MORB) is hereby amended as follows: Section 1. The first paragraph of Subsection X156.1 is hereby amended to read, as follows: “X156.1 Banking hours beyond the minimum; banking services during holidays. Banks may, at their …
BSP Circular No: 835: Banking Hours Beyond the Minimum Read More »
Rang-Ay Bank (A Rural Bank) has moved its Laoag Branch to a better location at the 1st floor of Laoag City Commercial Complex. The new location was inaugurated last April 8, 2014. Present in the occasion were: (Left to Right) Rang-Ay Bank President and CEO Ives Nisce, former Chairman of the Board of Dentistry Dr. …
Rang-ay Bank Laoag Branch moves to a new location Read More »
MANILA, Philippines – Local banks may now easily extend their banking hours to provide more services to their clients after the Bangko Sentral ng Pilipinas issued new regulations that liberalized operating hours for banks. In a statement, the BSP said it had approved a new framework that makes it easier for banks to extend their …
Pursuant to Monetary Board Resolution No. 690 dated 30 April 2014, Section 6 of Appendix 75c of BSP Circular No. 808 dated 22 August 2013 is hereby amended to include the following: 6. System Acquisition XXX 6.3. TO OPTIMIZE THE USE OF ACQUIRED SOFTWARE AND LIMIT OR MINIMIZE RISKS FROM UNAUTHORIZED OR OBSOLETE SOFTWARE, GUIDELINES …
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 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 »
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 …
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 »
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 …
You can also download the Annual National Convention Program in PDF
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 »
Below is the official list of candidates for the 2014 RBAP Elections: You may also download the Official List in PDF
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 »
Dear rural bankers, This refers to the quarterly survey on bank deposit interest rates being conducted by the Bangko Sentral ng Pilipinas (BSP) for purposes of determining market benchmarks and for general guidance of the depositing public. Please be informed that for the first quarter 2014 survey, the BSP has come up with a bank …
NEW: 2014 Survey on Deposit Interest Rate Template and Guidelines from BSP Read More »
To download a copy in PDF format, please click on this link: m020
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