Facebook-f Youtube
RBRDFI Website
Bars

rbapadmin

BSP Circular No. 832: Increase in Reserve Requirements

Leave a Comment / Latest BSP Issuances / By

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 »

Rural banks seen merging ahead of integration

Leave a Comment / Latest Industry News / By

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

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 »

MB Approves Financial Consumer Protection Framework

Leave a Comment / Latest Industry News / By

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 »

NEW: 2014 Survey on Deposit Interest Rate Template and Guidelines from BSP

Leave a Comment / Latest News / By

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 »

PhlPASS transactions slightly drop in Q4

Leave a Comment / Latest Industry News / By

MANILA, Philippines – The number of transactions made through the Bangko Sentral ng Pilipinas’ payments and settlements system fell in the last quarter of 2013, the central bank said in a report. The total volume of transactions settled and processed at the Philippine Payments and Settlements System (PhilPASS) went down four percent to 325,446 in …

PhlPASS transactions slightly drop in Q4 Read More »

BSP in talks with Malaysia counterpart to craft Islamic banking framework for PHL

Leave a Comment / Latest Industry News / By

Malaysia, home to the one of the world’s largest Muslim populations, has expressed interest in helping develop the Islamic banking industry in the Philippines, the Department of Finance said Sunday. Finance Undersecretary Jose Emmanuel Reverente said the Bangko Sentral ng Pilipinas has been holding talks with Bank Negara, Malaysia’s central bank, regarding the creation of …

BSP in talks with Malaysia counterpart to craft Islamic banking framework for PHL Read More »

BSP resolves 99.5% of bank complaints

Leave a Comment / Latest Industry News / By

The Bangko Sentral ng Pilipinas (BSP) said it has resolved 99.5 percent of complaints and some inquiries or requests, from bank clients in 2013. In a BSP report, the Financial Consumer Affairs Group (FCAG) has received 2,446 complaints/inquiries/requests or CIRs last year and of this total, 2,433 has been “substantially” acted upon. The central bank …

BSP resolves 99.5% of bank complaints Read More »

BSP Circular No. 830: Increase in Reserve Requirements

Leave a Comment / Circular Letters and Memoranda, From BSP, Latest BSP Issuances / By

The Monetary Board, in its Resolution No. 500 dated 27 March 2014, approved the 1-percentage-point increase in the reserve requirements of universal/commercial banks (UBs/KBs), thrift banks (TBs), rural banks (RBs), cooperative banks (Coop Banks), and non-bank financial institutions with quasi-banking functions (NBQBs). For further details, you may download a copy of this Circular by clicking …

BSP Circular No. 830: Increase in Reserve Requirements Read More »

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

Leave a Comment / Latest BSP Issuances / By

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 …

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

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

Leave a Comment / Latest BSP Issuances / By

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 …

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

BSP to Banks: Upgrade ATM software by April 8

Leave a Comment / Latest Industry News / By

MANILA, Philippines–Regulators are set to issue a reminder for local banks to upgrade the software their automated teller machines (ATM) are running to ensure they are shielded from possible security risks. This comes ahead of the end of support for the nearly 13-year-old Windows XP operating system by its creator, tech giant Microsoft Corp. “I’m …

BSP to Banks: Upgrade ATM software by April 8 Read More »

Articles by: rbapadmin

About RBAP

The mission of the Rural Bankers Association is to support the ability of its members to offer quality banking services to all their constituencies, comply with regulatory requirements, and to promote the welfare of the communities in which they operate.

Rural Bankers Association of the Philippines · 2004 -2022 · All Rights Reserved

Contact us

  • 2/F RBAP Bldg A.Soriano Jr. Ave. corner Arzobispo St. Intramuros, Manila, Philippines
  • +632 8 527 2972, +632 85272969, +632 88080607
Facebook-f Youtube
Rural Bankers Association of the Philippines
2004 – 2022 · All Rights Reserved
RBRDFI Website