Attached for your guidance is BSP Memorandum No. M-2013-015: Collection of the Annual Supervisory Fees (ASF) for the Year 2013, issued 18 April 2013. The Memorandum is also posted in BSP’s website: http://www.bsp.gov.ph/downloads/regulations/attachments/2013/m015.pdf View BSP Memorandum No.2013-015 here
With the rapid advancements in financial systems in both the domestic and global arena, it becomes imperative for the Bangko Sentral ng Pilipinas (BSP) to be attuned with the times. Not only does it need to “ride on the waves” of technology, but it should also adopt internationally accepted principles in both financial and payment …
Attached for your guidance is BSP Circular No. 793 – Amendment to Align the Familial Restrictions Applicable to “Independent Director” with the Existing Provision of the Securities Regulation Code, issued 8 April 2013. The Circular is also posted in BSP’s website at http://www.bsp.gov.ph/downloads/regulations/attachments/2013/c793.pdf View BSP Circular No. 793 here.
Attached for your guidance is BSP Circular Letter No. CL-2013-025: Publication/Posting of Balance Sheet (BS) and Consolidated Balance Sheet (CBS), issued 10 April 2013. The circular is also posted in BSP’s website at http://www.bsp.gov.ph/downloads/regulations/attachments/2013/cl025.pdf View BSP Circular Letter 2013-025 here
Rural banks and thrift banks – two separate groups of financial entities committed to serve the “small” market by design – are now in a unique position to help each towards achieving this goal. The Bangko Sentral ng Pilipinas (BSP) said it will allow rural and thrift banks to engage in cross selling, which pertains …
Good day members of RBAP! Below are materials regarding the United States Foreign Account Tax Compliance Act (FATCA) for your reference. View FATCA Updates here View IRS Presentation on FATCA here
Attached for your guidance is BSP Circular No. 791 – Restoration of the 2009 Assessment Rates for Annual Supervisory Fees (ASF) Charged on Banks and Non-Banks With Quasi-Banking Functions For 2013 onwards, issued 3 April 2013. Circular No. 791 is also posted in BSP’s website at www.bsp.gov.ph/downloads/regulations/attachments/2013/c791.pdf View BSP Circular 791 here
Dear Everyone, Greetings from the Rural Bankers Association of the Philippines! We are pleased to furnish you the 2013 RBAP Annual National Convention circular. The convention is on June 10-11, 2013 (Monday & Tuesday) at Sofitel Philippine Plaza Manila with the theme: “Rural Banks: Championing Inclusive Growth in an Exclusive World of Banking” To avail …
60th Annual National Convention, June 10-11, 2013 at Sofitel Philippine Plaza, Manila Read More »
Attached for your guidance is the Memorandum to All Banks on the Updated Published Balance Sheet and Consolidated Balance Sheet pursuant to Circular No. 788 dated 26 February 2013 and Circular No. 576 dated 8 August 2007 on the Publication/Posting of Balance Sheet. The said template shall be adopted starting with the reporting period ended …
As the rural banking industry waits for the amendment of Rural Bank Act allowing foreign equity, a couple more legislative measures are poised to provide a tremendous boost to the industry’s cause. Under Senate Bill 3255 or “An Act Governing the Creation and Accreditation of Microenterprise Development Institutions [Microdevs],” microfinance institutions like rural banks are …
The Leyte, Samar and Biliran Federation of Rural Bankers will hold its annual Managment Conference on March 14-15, 2013. The date was moved back a few weeks later than its original schedule, which was Feb 21-22,2013. Venue remains unchanged at Oriental Hotel Leyte, Baras, Palo, Leyte. For more details please click the following links below: …
Visayas Management Conference March 14-15, 2013 at Oriental Hotel Leyte Read More »
The Philippine Deposit Insurance Corporation (PDIC) recently launched the PDIC Regulatory Issuances and Bulletins, a compendium of the Corporation’s regulations on bank operations and deposit insurance, in simple ceremonies attended by officers from the Bankers Association of the Philippines (BAP), Chamber of Thrift Banks (CTB), and the Rural Bankers Association of the Philippines (RBAP). Also …
Malaya: PDIC launches comprehensive guide of issuances and bulletins Read More »
The Rural Bankers Association of the Philippines (RBAP), through its technical arm the Rural Bankers Research and Development Foundation, Inc. (RBRDFI), will be conducting two microinsurance training in Cagayan de Oro City this coming January 2013. The 21st batch of the 2-Day Basic Microinsurance Training Course for Rural Banks will be held on January 23-24 …
Microinsurance Training for Rural Banks on January 23-25, 2013 in Cagayan de Oro City Read More »
Remittances post record $1.9B in October Remittances from overseas Filipinos coursed through banks posted a monthly record-high last October. Bangko Sentral ng Pilipinas said that October remittances hit $1.9 billion, beating September’s $1.838 billion. Inflows from Filipinos working abroad seem not to be affected by continuing crisis in Europe inasmuch as the bulk of workers …
Malaya: Remittances post record $1.9B in October Read More »
WITH only three days before Congress takes a break for the holidays, the Senate approved a measure extending the corporate life of state-run Land Bank of the Philippines (Landbank) on third and final reading. Voting 19-0, senators yesterday approved Senate Bill (SB) No. 2944, which seeks to amend Republic Act (RA) No. 3844 and extend …
Business World: Landbank bill OK’d on third reading 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.
