Before super typhoon Yolanda brought unspeakable destruction and carnage to the Visayas region, the term “storm surge” was not yet part of the Filipino lexicon in relation to disaster preparedness. Despite the early warnings and anticipation that it could be the strongest typhoon to hit Philippine shores to date, nobody expected that the damage would …
Dear rural bankers, Please be advised that the Bangko Sentral ng Pilipinas (BSP) has issued Memorandum No. M-2013-050 which provides for regulatory relief for banks affected by Typhoon Yolanda. To download a copy of this document, please click on this link: BSP Memorandum No. M-2013-050 Thank you. RBAP Secretariat
19 November 2013 To: ALL RURAL BANK OWNERS RE: Donation for Typhoon Yolanda victims ______________________________________________________________________________ Dear Fellow Rural Bankers: As we all well know now, Typhoon Yolanda, recorded as the strongest typhoon ever in history, cut across a large swath of provinces in the central Philippines, from Samar to Palawan. This unprecedented devastation ruined countless …
RBAP Opens LBP Account For Typhoon Yolanda Victims Read More »
As the Rural Bankers Association of the Philippines celebrates its 56th anniversary this year, the question is asked: Has the industry successfully met its main objective some 50 years after its creation? Admittedly, in spite of the presence of rural banks in most rural communities and their best efforts to reach out to the poor …
Dear rural bankers, Attached for your guidance is the Memorandum to All Rural Banks and Cooperative Banks on the Guidelines on the Electronic Submission of the Weekly Report on Required and Available Reserves Against Deposit Liabilities dated 7 November 2013. The updated WRRAR reporting data entry template shall be used effective for reserve report week-ending …
Dear rural bankers, We are pleased to inform everyone that the first batch of the RBAP 56th Charter Anniversary Symposium Presentations are already uploaded. To download a copy, please click on the link provided below: DAY 1 1. Managing Relevant Change: A Road Ahead for the Rural Banking Industry by BSP Deputy Governor Nestor A. …
NEW: RBAP 56th Charter Anniversary Symposium Presentation Read More »
Date Issued: 11.06.2013 CIRCULAR NO. 817 Series of 2013 Subject: Amending Subsections X361.5 and X361.7, Manual of Regulations for Banks, on the Granting of Housing Microfinance and Micro-Agri Loan To download, please click on this link: c817
The rural banking industry is now starting to feel the effects of the policies laid down by regulators to encourage more growth among rural banks. In the coming months, 13 rural and cooperative banks will get to open new branches after the Bangko Sentral ng Pilipinas gave them authority to open new branches in different …
Our resiliency as a nation is once again tried after a series of natural catastrophes hit most parts of the country as the fourth quarter of this year draws in. As natural disasters strike, even the wealthiest, best-prepared countries can experience large-scale damage and destruction but the scenario is far worse in countries where there …
Inclusive growth remains an elusive dream. While rural banks have focused on the area of countryside development, there remains an enormous gap between the have’s and have not’s, particularly in the area of access to banking. As indicated in an earlier survey by the Bangko Sentral ng Pilipinas, only 25 percent of the total Filipino …
The Bangko Sentral ng Pilipinas is granting regulatory relief measures to banks to enable them to similarly assist and ease the financial burden of bank customers adversely affected by Typhoon “Santi” which devastated several parts of the country from 11 to 13 October 2013. Eligible for the relief measures are those in the following areas …
BSP Grants Regulatory Relief to Banks Affected by Typhoon “Santi” Read More »
For information, listed below are the approved applications for new banking offices, and banking offices which opened/re-opened during the 2nd Quarter of 2013. For rural and cooperative banks: 1. Agribusiness Rural Bank, Inc. (AGRIB) 2. Banco Laguna, Inc. 3. Bangko Cabana 4. Bank of Florida, Inc. 5. Bank of Makati, Inc. 6. CARD Bank, Inc. …
21 October 2013 Dear fellow rural bankers: The Home Guaranty Corporation (HGC), through its two latest programs – the Guaranty Program to the Countryside through Rural Banks and the Guaranty Program for Microfinance and Small Loans for Home Improvement – extends guaranty lines to financial institutions and secures investments for home-lending programs with the goal …
For the most part, save for the areas they operate in, rural banks are an unheralded lot. They go about their business as quietly as possible, rarely receiving the national recognition and headlines bigger banks usually get. Rural banks usually operate under the radar. It is refreshing to see some members of the rural banking …
14 October 2013 Dear fellow rural bankers, Flag-carrier Philippine Airlines slashed its fares by 10% for member rural banks of the Rural Bankers Association of the Philippines (RBAP) in time for the 56th Charter Anniversary Symposium, which will be held on November 11-12, 2013 at the Polkabal-Rigodon Hall of the Manila Hotel. Book within …
ANNOUNCEMENT: PAL OFFERS SPECIAL RATE FOR RBAP’S 56th CHARTER ANNIVERSARY SYMPOSIUM Read More »
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.
