MESSAGE My warmest greetings to the Rural Banking Association of the Philippines as you observed the Rural Banking Week. In the past three years of our administration, we have witnessed a steady rise in our country’s economic trajectory. Our newly instituted social and fiscal reforms – supported by unprecedented growth in GDP, upgrades from international credit …
Pres. Benigno Aquino’s Message for the Rural Banking Week Read More »
Dear fellow rural bankers, Good relationships are maintained through effective communication. In this pursuit, please check your bank’s contact details at the RBAP website (click “Directory”, then “Members”). Make sure that all details are correct and are in use by your bank. Any inaccuracy in your contact details is picked up by our regulators, which …
Torrential rains brought about by Tropical Storm “Maring” recently pounded parts of Luzon including Metro Manila into submission, causing floods in a number of main thoroughfares. Aside from floods and the resulting massive traffic jams, another usual sighting during these unfortunate times is families that found their homes submerged in flood waters being relocated to higher, dry grounds by …
Dear RBAP Members: Below is Bangko Sentral ng Pilipinas (BSP) Circular No. 808 Series of 2013: Guidelines on Information Technology Risk Management for All Banks and Other BSP Supervised Insitutions The Circular Letter is posted on their official website and can be accessed through: http://www.bsp.gov.ph/downloads/regulations/attachments/2013/c808.pdf Thank you.
Good day RBAP Members: For your guidance, below is Bangko Sentral ng Pilipinas (BSP) Memorandum No. M-2013-037: Single Reserve Week from 16-29 August 2013 The Memorandum is posted in the BSP Website View/Download BSP Memorandum M-2013-037
Dear member rural banks, In commemoration of its 50th anniversary, the Philippine Deposit Insurance Corporation (PDIC) recently launched a book titled “USAPANG PERA: MGA DAPAT ALAMIN, A PDIC GUIDEBOOK ON BASIC BANKING & FINANCIAL TRANSACTIONS” that will serve as a practical guide for all Filipinos, from overseas Filipino workers, retirees, and senior citizens, to those in …
Letter to the Editor The Philippine Daily Inquirer, Aug 19 This letter is to correct the misconceptions that the Aug. 13 editorial “Rural banking woes” may have created among Inquirer readers. The rural banking industry today may be leaner but healthier. The reach of its 2,500 branches across the country is wider and they …
PDI Letter to the Editor: Rural banking leaner but healthier than ever Read More »
Due to incessant torrential rains and severe flooding brought about by Tropical Storm Maring since Sunday night, the Bangko Sentral ng Pilipinas (BSP) advised the CANCELLATION OF CHECK CLEARING FOR TODAY. On a separate note, the RBAP office is CLOSED TODAY but will resume regular office operations tomorrow, August 20, 2013. We are still reachable via email and …
They say that a person’s true character is tested by the way he performs in the face of adversity. When the pressure is at its highest, that is when one’s determination is truly measured. The rural banking sector is facing a challenging time. In the midst of this, the sector still believes that the rough …
The Monetary Board, in its Resolution No. 1286 dated 1 August 2013, has approved the issuance of the enhanced Information Technology Risk Management (ITRM) framework which updates existing IT-related guidelines under Sections X176 and X705 of the Manual of Regulations for Banks (MORB). It shall cover not only all types of banks but also non-bank …
FOR: ALL PARTICIPATING RURAL BANKS SUBJECT: CIRCULAR LETTER: BASIC COURSE ON CORPORATE GOVERNANCE FOR BANK DIRECTORS The Rural Bankers Association of the Philippines (RBAP), and Rural Bankers’ Research and Development Foundation, Inc. (RBRDFI) through the Aklan Federation of Rural Banks (AFRB) is pleased to announce that it will conduct the seminar-workshop described below as part …
Circular Letter: Basic Course on Corporate Governance for Bank Directors Read More »
Dear RBAP Members: Below is Bangko Sentral ng Pilipinas (BSP) Circular Letter No. CL-2013-040: Accredited Rural Financial Institutions for the Purpose of Implementing the Agri-Agra Reform Credit Act of 2009 Pursuant to Circular No. 736 0f 20 July 2011. The Circular Letter is posted in the BSP Website. View/Download BSP Circular Letter No. CL-2013-040 Thank you. …
To All Participating Rural Banks: We are inviting you to the 33rd Mindanao Credit Management Conference scheduled on August 22-23, 2013 at Dotties Place, Samping Ave., Butuan City. You may download the invitation, registration form and hotel rates below. Please take a moment to view this 3 minute video and see what’s in store with your attendance. Join …
33rd Mindanao Credit Management Conference – August 22-23, 2013 Read More »
For rural banks that have diversified their revenue streams and have thus pegged themselves as a “complex” sort, the Bangko Sentral ng Pilipinas (BSP) has decided that some corporate screw-tightening is warranted. This is a fair price to pay. After all, as rural banks evolve from simply engaging in basic deposit taking and lending activities …
Dear RBAP Members: Below is the Speech of Bangko Sentral ng Pilipnas (BSP) Deputy Governor Nestor A. Espenilla, Jr. and the Inaugural Address of RBAP President Vittorio Z. Almario, which were delivered last 12 July 2013 during the Inaugural and Induction of RBAP Officers and Directors held at Hyatt Hotel, Manila. View/Download Speech of BSP …
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.
