BSP Advances Sunset Period for TBs, RBs and CBs
The Bangko Sentral ng Pilipinas (BSP) announced today that the Monetary Board has approved the termination of the sunset provision in favor of thrift banks (TBs), rural banks (RBs) and cooperative banks (CBs), resulting in a unified rediscounting window for all types of banks. In 2013, reforms were made to bring the BSP Peso rediscounting …
2017 RBAP National Convention – Keynote Speech of Senator Juan Edgardo “Sonny” M. Angara
64th RBAP National Convention and General Membership Meeting Cordillera Convention Hall, Baguio Country Club May 30, 2017 Keynote Speech by Sen. Juan Edgardo “Sonny” M. Angara Magandang umaga po sa ating lahat. Thank you for inviting me here all the way from Baguio. I wish I could stay as long as you but I just …
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2017 RBAP National Convention – Day 2 Presentations
2017 RBAP NATIONAL CONVENTION AND GENERAL MEMBERSHIP MEETING Cordillera Convention Hall, Baguio Country Club, Baguio City DAY 2 – MAY 30 The RBRDFI Shared Services Project: Solution for Compliance and Competitiveness MR. DENNIS EMMANUEL C. PEÑA Executive Director Rural Bankers Research and Development Foundation, Inc. (RBRDFI) SESSION 2: OPPORTUNITIES FOR FINANCIAL INCLUSION Agricultural Guarantee Fund …
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2017 RBAP National Convention – Day 1 Presentations
2017 RBAP NATIONAL CONVENTION AND GENERAL MEMBERSHIP MEETING Cordillera Convention Hall, Baguio Country Club, Baguio City DAY 1 – MAY 29 Keynote Address: MR. ALEX V. BUENAVENTURA CEO and President Landbank of the Philippines SESSION 1: UPDATES ON BSP REGULATIONS On Credit Risk Management MS. MARY JANE T. CHIONG Officer-in-Charge BSP Financial Supervision Research and …
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BSP orders banks to beef up defenses vs cyber attacks
The Bangko Sentral ng Pilipinas yesterday said the global ransomware attack over the weekend had no impact on any Philippine financial institution even as it urged all banks and nonbanks to step up their defenses. Asked if BSP-supervised financial institutions were targeted during the cyber extortion attacks, Deputy Governor Nestor A. Espenilla Jr. replied: “Targeted? …
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