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 »
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 …
August 15, 2013 MR. VITTORIO Z. ALMARIO President Rural Bankers Association of the Philippines Intramuros, Manila Dear Mr. Almario: This refers to your letter dated July 23, 2013 as endorsed by Hon. Cesar Purisima and received by our office on August 13, 2013 regarding your request that the cost of all unused existing official receipts …
Shelter is one of the basic requirements of human needs. For an ordinary Filipino, owning a house provides a sense of economic security and dignity in the society. In the rural areas, particularly agricultural workers, low-income earners and even some families of Overseas Filipino Workers, owning a house would give them some sort of ‘pride’ …
Channeling funds to housing development in the countryside Read More »
The Rural Bankers Association of the Philippines (RBAP) congratulates the nine rural banks recently awarded by the Land Bank of the Philippines (LBP) as an ‘outstanding partner countryside financial institution (CFIs).’ On its 15th year, the LBP recognize CFIs serving as models of excellence in rural financial services and in promoting inclusive growth to improve …
Nine rural banks awarded as ‘outstanding partner CFI’ of LBP Read More »
The Rural Bankers Association of the Philippines (RBAP) congratulates the nine rural banks recently awarded by the Land Bank of the Philippines (LBP) as an ‘outstanding partner countryside financial institution (CFIs).’ On its 15th year, the LBP recognize CFIs serving as models of excellence in rural financial services and in promoting inclusive growth to improve …
Nine rural banks awarded as LBP’s ‘outstanding partner CFI’ Read More »
MVSM Bank celebrated its 60th anniversary last June 24, 2013 at the iconic Capitan Moys in Marikina City. Gracing this event is Marikina Vice Mayor Fabian Cadiz. MVSM is a merger between Marikina Valley Rural Bank and Bank of San Mateo. Both banks are pioneer banks in their respective towns and were the only banks …
The Rural Bankers Association of the Philippines (RBAP) congratulates One Network Bank, Inc. and the Rural Bank of Sagay for bagging the Social Security System’s (SSS) Balikat ng Bayan Award last September 9. The award was given in celebration of the SSS’ 56th Anniversary and in recognition of the invaluable role of employers, banks and …
RBAP HAILS ONB, RB OF SAGAY FOR 2013 SSS BALIKAT NG BAYAN AWARD Read More »
Unknown to many, the town name “Mangaldan” has different stories of origin. However, according to a Dominican Priest Fr. Raymundo Suarez, OP, in his manuscript, “Apuntes Cureosos de Pangasinan,” the word “Mangaldan” was derived from the root word “Alar” or “Alad,” which means a fence made of bamboo or of any similar material. Despite the …
Rural Bank of Mangaldan: 50 Years of Genuine Commitment and Excellent Service Read More »
The Monetary Board, in its Resolution No. 1551 dated 19 September 2013, approved the grant of the following temporary regulatory relief measures to banks with head offices and branches located in Zamboanga City, affected by armed assault/stand-off which commenced on 09 September 2013: 1. Exclusion of the loans of borrowers in the affected areas, which …
BSP Grants Temporary Regulatory Relief to Banks located in Zamboanga City Read More »
MANILA, Philippines – For the 15th consecutive year, the Land Bank of the Philippines (LBP) once more paid tribute to its outstanding partner countryside financial institutions (CFIs). LBP president and chief executive officer Gilda E. Pico said CFIs have unique strengths and potentials that allow them to truly play a distinct role in countryside development. …
Recently, the Bangko Sentral ng Pilipinas reported that the personal remittances from Overseas Filipino Workers (OFWs) grew from 6.4 percent to $13.9 billion for the first half of 2013, compared to the same period a year ago. The sustained growth was still largely driven by the land-based OFWs whose remittances comprised of about threefourths (75.2 percent) of the …
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 “Labuyo” and by Southwest Monsoon (Habagat) enhanced by Tropical Storm “Maring” which devastated several parts of the country from 12 to 21 August 2013. Eligible …
Dear RBAP Members: Below is Bangko Sentral ng Pilipinas (BSP) Circular No. 809 Series of 2013: Amendment to Relevant Provisions of the Manual of Regulations for Banks Implementing RA 10574 The Circular is posted on their official website and can be accessed through: http://www.bsp.gov.ph/downloads/regulations/attachments/2013/c809.pdf To download, please click: IRR – Foreign Equity Law Thank you.
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.
