October 2015

Credit Analysis & Loan Packaging Seminar -Dec. 11-12, 2015

Date: Dec. 11-12, 2015 (Friday-Saturday) Venue: Gov. Licaros Hall, RBAP, Intramuros, Time: 8:30am to 5:00pm RESOURCE PERSON Ms. Maria Julma M. Jongco – Financial Services Advisor/Consultant –(Bank, Insurance & SME), Trainer SEMINAR FEE 1. For Member only a. Early bird – P4,500 (on or before Nov 20) b. Regular Rate – P4,800 (After Nov. 20) …

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BSP Memorandum No. M-2015-038: Proclamation No. 1072 declaring 18 and 19 November 2015 as Special (Non-Working) Days in the National Capital Region (NCR)and Memorandum Circular No. 84 suspending work in government offices including Government-owned or controlled corporations on 17 and 20 November 2015 in NCR

TO: ALL MEMBER BANKS RE: PROCLAMATION NO. 1072 DECLARING 18 AND 19 NOVEMBER 2015 AS SPECIAL (NON-WORKING) DAYS IN THE NATIONAL CAPITAL REGION (NCR) AND MEMORANDUM CIRCULAR NO. 84 SUSPENDING WORK IN GOVERNMENT OFFICES INCLUDING GOVERNMENT-OWNED OR CONTROLLED CORPORATIONS ON 17 AND 20 NOVEMBER 2015 IN NCR Dear Rural Bankers, This is to inform everyone …

BSP Memorandum No. M-2015-038: Proclamation No. 1072 declaring 18 and 19 November 2015 as Special (Non-Working) Days in the National Capital Region (NCR)and Memorandum Circular No. 84 suspending work in government offices including Government-owned or controlled corporations on 17 and 20 November 2015 in NCR Read More »

Basic Course on Property Appraisal – Dec 04 -05, 2015

Date: December 04 -05, 2015 (Friday & Saturday) Venue: Gov. Licaros Hall, RBAP Bldg. Intramuros, Manila Time: 8:30am to 5:30pm Resource Person: Engr. Ferdinand A. Bocobo Senior Property Manager, BDO Seminar Fee: 1. Early bird – P4,500 (on or before Nov 16, 2015) 2. Regular Rate – P4,800 (after Nov 16, 2015) 3. Non-Member/Delinquent – …

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Financial Consumer Protection & Corporate Governance Seminars -Nov 25-28, 20115 in Butuan City

To All Participating Rural Bankers The Caraga Rural Bankers Federation (CARBAF) in cooperation with the Rural Bankers Research & Development Foundation Inc. will sponsor two trainings to be held in Almont Inland Resort J.C. Aquino Ave., Butuan City. 1) Financial Consumer Protection Nov. 25-26, 2015 Registration Fee of Ph 6,300 per participant Inclusive of meals …

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Cantilan Bank wins International Microfinance Best Practices Award

Cantilan Bank wins this year’s Fondazione Giordano Dell’Amore Microfinance Best Practices International Award. Ms. Tanya P. Hotchkiss, Head of Office of Strategic Management receives the award for Cantilan Bank.   Cantilan Bank received the 2015 International Microfinance Best Practices Award from Fondazione Giordano Dell’Amore, an Italy-based foundation that promotes awareness on the key role of …

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BSP Circular No. 888: Amendments to Regulations on Dividend Declaration and Interest Payments on Tier 1 Capital Instruments

Dear Rural Bankers, Pursuant to Monetary Board Resolution No. 1516, wherein the provisions of the Manual of Regulations for Banks (MORB) and Manual of Regulations for Non-Bank Financial Institutions (MORNBF) on regulations on dividend declaration were amended. The sections/ subsections of the MORB that were amended are as follows: a. Sec. X136 Dividends “The following …

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BSP Circular No. 887: Further Amendments to the Regulations on the Approval/Confirmation of the Election/Appointment of Directors/Officers

Dear Rural Bankers, The Monetary Board, in its Resolution No. 1342 dated 20 August 2015, approved the amendments to some of the provisions of Manual of Regulations for Banks (MORB) and Manual of Regulations for Non-Bank Financial Institutions (MORNBFI). The sections/ subsections of the MORB that were amended are as follows: a. Subsec. X141.2 Qualifications …

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BSP Memorandum No. M-2015-035: Regulatory Relief for Banks Affected by Typhoon “Ineng”

Dear Rural Bankers, The Bangko Sentral ng Pilipinas, following the approved resolution of the Monetary Board, has issued a memorandum granting selected banks of temporary regulatory and rediscounting relief. These are banks with head offices (HOs) and/or branches/ extension offices (EOs)/ microfinance-oriented banking offices (MBOs) in the areas which were devastated by Typhoon “Ineng” based …

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Basic Microinsurance Training moved to December 9-10, 2015

I. Course Objectives 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 also designed to ensure bank compliance with the following regulations: BSP Circular 683-2010: Marketing, Sale and Servicing of Microinsurance Products Joint IC-CDA-SEC Memo Circular 1-2010: Defining Government’s Policy …

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Industry News: BSP Liberalizes Regulations on Dividend Declaration of Banks and Quasi-Banks

10.05.2015 The Monetary Board (MB) recently approved the liberalization of regulations on dividend declaration of banks and quasi-banks (QBs) on shares of stock and similar capital instruments. The policy amendment aligns the dividend declaration standards with international standards on the rights of shareholders in particular; holds more accountable the board of directors and management of …

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