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Reposting: 2012 Annual Management Conference of Southern Tagalog Confederation

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This to to notify all concerned Rural Bankers in the Southern Tagalog area of the upcoming Annual Management Conference, which will take place in Paoay at the Plaza del Norte Hotel and Convention Center from March 1-2, 2012.  This   year’s conference theme is “Overcoming the Challenges.” Special guests include Congresswoman Imee Marcos and Ma. Dolores …

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2012 Annual Management Conference by Central Luzon Confederation

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This is to notify all concerned RBs that the Confederation of Central Luzon Rural Banks, Inc. will hold its 2012 Annual Management Conference at the Holiday Inn Clark, Mimosa Drive, Clark Freeport Zone, Angeles City, Pampanga on February 28 and 29, 2011. The Conference theme is: “Rural Banks – Pillar of Strong Economy: Bracing for Global …

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RBRDFI ties up with Pangasinan and CARAGA Feds. for Microinsurance Training Course

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The Rural Bankers Research and Development Foundation, Inc.  will be conducting the 2-Day Basic Microinsurance Training Course with the following federations: Samahang Bangko Rural ng Pangasinan February 20 – 21, 2012 City Deluxe Restaurant, Dagupan Open to Non – Federation Members   CARAGA Rural Bankers Federation March 1 – 2, 2012 Dottie’s Place Hotel and …

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BAIPHIL Trading and Development Week

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The Bangko Sentral ng Pilipinas is calling all banks to support the Bankers Institute of the Philippines’  Trading and Development Week, from March 12-17.    This week long celebration is deemed significant as banks “shall recognize the importance of continuous productivity enhancement “. Please download the circular here cl011for more details. Thank you.  

Revised compliance framework for all banks

2 Comments / Circular Letters and Memoranda, Feature Story, From BSP, Latest News, Media Releases, Press releases / By

The BSP has just released Circular 747, amending the entirety of Section X180 of the Compliance System under the Manual of Regulations for Banks. These revisions were approved by the Monetary Board in its resolution signed on the 20th of January 20, 2012. Please take note that all should comply on or before July 1, …

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Amendments on exemptions granted to small and micro-enterprises

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This is to notify all rural banks concerned of the amendments on subsection X304.1 of the Manual of Regulations for Banks, with respect to the extension of submission granted to micro and small enterprises.  As stipulated: “Loans small and micro enterprises which are not specifically exempted from the additional documentary requirements specified under the third …

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RBAP official pays courtesy call to Senator Marcos

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The Rural Bankers Association of the Philippines, led by Executive Director Vicente Mendoza recently paid a courtesy call to Senator Ferdinand Marcos to request for sponsorship of a senate bill, amending foreign equity ceilings in rural banks. If amended, rural banks would have additional funds available for borrowers (i.e. farmers, micro-entrepreneurs, fisherfolk) in the countryside. …

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Article on cooperation between DA and Rural Bankers on Phil Star

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Efforts by rural bankers to provide better credit access  to farmers and fisherfolk was again featured in the business section of the Philippine Star.  The article,  published on January 29, reported the fruitful meeting between the officers of RBAP and Secretary Alacala of the Department of Agriculture. Aside from the varied measures and fund guarantees …

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Deposits up in Q3 2011

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Another good showing for the rural banking industry as the Philippine Deposit Insurance Corporation (PDIC) reports a significant increase in the total level of deposits. As of third quarter in 2011, total deposits in RBs increased by 4.1% from P119.5 billion to P124.4 billion. Based on the general breakdown for all banks (commercial, thrift, rural, …

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RBAP delegation pays courtesy call to Sec. Alcala

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RBAP officials led by President Ian Eric S. Pama and Executive Director Vicente Mendoza recently held a meeting with Secretary Proceso J. Alcala and Undersecretary Fleta of the Department of Agriculture to discuss measures on how the DA’s office can effectively support and strengthen its’ partnership with  the rural banking industry.   The two parties …

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RBAP supports restoration campaign

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Proponents of the Save the Ifugao Rice Terraces Movement can now count on the support of RBAP as the association recently pledged its intention of donating 25,000 pesos, which will be used to purchase a mechanical grass cutter for the rehabilitation of the terraces.  Members and trustees of the RBAP board unanimously gave their resounding concurrence …

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Circular letter No. 2012-08 on Resolution No. 83 of the Anti-Money Laundering Council

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This is to inform everyone of RN 83, detailing the decisions and recommendations authorized by the Anti-Money Laundering Council.  Stipulated in said document are the following: 1. Approval of the Revised List of Transaction Codes; 2. Authorizing the secretariat to evaluate and approve any request for addition of transaction codes to the transaction library with …

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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.

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