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Rectified link for IT Profile Template

For those rural banks that have been attempting to access the sample template from the BSP website, please use the following link, as specified in the corrected Memorandum 011. http://www.bsp.gov.ph/frp/templates Once you’ve reached the site, please use your FRP Code. Please click the link to download the corrected memorandum.  Corrected Copy Thank you.

Amendments on risk weighting of bank loans guaranteed by AGFP

Circular 750 of the Bangko Sentral ng Pilipinas hereby states the  amendments on certain provisions of the MORB on the risk weighting of bank loans to the extent guaranteed by the Agricultural Guarantee Fund Pool, in accordance with the Resolution 276 of the Monetary Board. Particular attention should be given on the amendments under (1) …

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Guidelines in Strengthening Corporate Governance

To all rural bankers, pleased be informed of the recently issued Circular 749 or the approved Guidelines in Strengthening Corporate Governance in BSP supervised Financial Institutions.  Pursuant to Resolutions 111 and 227 of the Monetary Board, the 29-page circular stipulates the amendments on the Manual of Regulations for Banks under Subsections X141, X142, X174 to …

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Guidelines on submission of IT Profile Report

This is to notify all rural bankers of the required accomplishment and submission of IT Profile Report, for the creation of a baseline IT information and, risk profile the complexity of IT operations based on technology related products. Below are the summarized guidelines in the submission of the IT profile, which RBAP hopes will be …

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Amendments on the provision of Micro-Agri Loans

All member rural banks are hereby notified of the amendments on the provisions of Micro Agri Loans, as stipulated in the recently issued BSP circular.  The modifications are under subsection X361.7 of the MORB. Particular attention should be given on Section 2, which lists several prudential requirements for compliance; Section 3 meanwhile covers the breakdown …

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DOF-IC Training on Microinsurance Advocacy on March 6-9 in Cebu City

Dear Rural Bankers: The Insurance Commission (IC) and the Department of Finance will be conducting the three-day Training on Microinsurance Advocacy on March 6-8, 2012 at Harolds Hotel, Cebu City. The activity aims to develop advocate-partners in promoting microinsurance among key stakeholders as part of the nationwide microinsurance literacy campaign. Deadline of confirmation of participation …

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Repost: Consultation with PDIC

Updates: If you wish to secure a copy of Pres. Araneta’s presentation,please download the file below The commitment to further enhance the country’s banking services in rural areas has received another boost as the Philippine Deposit Insurance Cooperation conveyed its support for the rural banking sector by helping develop a core banking software that will …

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2012 Visayas Management Course in Cebu City

This is to notify all rural bankers in the Visayas that the  Waterfront Hotel in Lahug, Cebu City will be the venue for the 2012 Management Course from March 15 to 16.   “Good Governance: a continuing challenge for rural banks” is this year’s conference theme. For those who wish to participate, the  fee is P 5,500.00 …

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