PDIC warns the public against fake social media accounts The Philippine Deposit Insurance Corporation (PDIC) warned the public to avoid making transactions with facebook accounts that use PDIC’s name. The state deposit insurer maintained that it does not have a facebook account nor accounts in other social media. Hence, all social media accounts pertaining to …
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Bangko Sentral ng Pilipinas on October 25 released a circular on Publication of Balance Sheets signed by Deputy Governor Nestor A. Espenilla,Jr. To view signed circular, please click the link provided below: http://www.bsp.gov.ph/downloads/regulations/attachments/2012/cl075.pdf
Rural Bankers Association Philippines 55th Charter Anniversary November 19-20,2012 at the Manila Hotel. The Charter Anniversary Symposium is an annual gathering of Filipino Rural Bankers tackling issues, innovations and accomplishments of the rural banking industry at present. For more details, please click the provided link: RBAP 55th Charter Anniversary
Rural Bankers Association Philippines 55th Charter Anniversary November 19-20,2012 at the Manila Hotel. The Charter Anniversary Symposium is an annual gathering of Filipino Rural Bankers tackling issues, innovations and accomplishments of the rural banking industry at present. For more details, please click the provided link: RBAP 55th Charter Anniversary
The Rural Bankers Association of the Philippines (RBAP) met with the Samahang Bangko Rural ng Pangasinan (SBRP) last September to discuss banking innovations and developments in the countryside. Together, The SBRP and RBAP rekindled its passion for banking and financial inclusion.
The Zamboanga del Norte Federation of Rural Banks, headed by Atty. Alan Z. Ranillo, has gathered Representatives from different Rural Banks, companies in support of financial institutions, specialists, and regulators to promote its objective of “strengthening the road of Rural Banking”. According to Atty. Ranillo, the need for rural bankers to innovate, improve and reinforce …
The Bangko Sentral ng PIlipinas on October 16,2012 released a circular on Amendments to Regulations on Non-Performing Loans. For full details of the circular please click the link provided below: http://www.bsp.gov.ph/regulations/regulations.asp?type=1&id=3013
MicroSave would like to invite rural bankers for its upcoming on line conference on October 30-31,2012. The conference will highlight the experiences of successful micro-insurance providers and how aspiring micro-insurance agents can penetrate the market. The Virtual Conference will be broken up into 3 hours long sessions, over 2 days. To view full details, please clik on the link …
The Bangko Sentral ng Pilipinas on Oct 12,2012 released a memorandum on Transitory Guidelines on the Reporting of Deposit for Stock Subscription in Prudential Reports. To view full details of the memo, please see the link provided below: http://www.bsp.gov.ph/downloads/Regulations/attachments/2012/m048.pdf
The Rural Bankers Association of the Philippines and the Bangko Sentral ng Pilipinas wishes to inform the bankers community of the establishment of a new bank located in Trece Martires, Cavite called Cavite United Rural Bank. To view full details of circular, please click the ink below: http://www.bsp.gov.ph/downloads/regulations/attachments/2012/cl072.pdf
The Bangko Sentral ng Pilipinas ,on Oct 11,2012 , has amended provisions of the Merger and Consolidation Incentives. To view signed circular, please click the link provided below: http://www.bsp.gov.ph/downloads/regulations/attachments/2012/c771.pdf
Please be advised that the Bangko Sentral ng Pilipinas-Anti-Money Laundering Council wishes to inform the Rural Banks about a resolution concerning the Anti-Money Laundering Law. Kindly read the message below. The Anti-Money Laundering Council (AMLC) issued Resolution No. TF-02, dated 08 October 2012, directing covered institutions to freeze and preserve without delay property or …
Total outstanding loans of commercial banks, net of banks’ reverse repurchase (RRP) placements with the BSP, continue to expand in August but at a slower pace of 14.0 percent relative to the growth of 16.0 percent in July. Bank lending inclusive of RRPs likewise recorded a slower growth rate of 12.4 percent from 15.2 percent …
The Bangko Sentral ng PIlipinas has approved the application for branches of 10 rural banks submitted in the second quarter of 2012. In a circular signed on Oct 5, 2012, BSP gave its go signal to open new and re-open closed branches for several banks. The document also allowed the extension of existing branch offices. …
Sen. Sergio Osmeña III is pushing for the opening of the rural banking industry to foreign ownership of up to 60 percent of the voting stock of an existing rural bank to make the industry healthier and at par with its bigger counterparts. He said Senate Bill 3282, or “An Act Allowing Infusion of Foreign …
Malaya Business Insight: Foreign equity bill to make rural banks more competitive 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.
