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BSP Circular No. 809: Amendment to Relevant Provisions of the Manual of Regulations for Banks Implementing RA 10574

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.

Pres. Benigno Aquino’s Message for the Rural Banking Week

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 …

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(UPDATE) President’s Message re: RB Week 2013

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 …

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Emergency kit during calamity

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 …

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BSP Circular No. 808: Guidelines on Information Technology Risk Management for All Banks and Other BSP Supervised Institutions

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.

“USAPANG PERA: MGA DAPAT ALAMIN, A PDIC GUIDEBOOK ON BASIC BANKING & FINANCIAL TRANSACTIONS”

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 …

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PDI Letter to the Editor: Rural banking leaner but healthier than ever

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 …

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IMPORTANT ANNOUNCEMENT – August 19, 2013

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 …

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Monetary Board approves the Enhanced Information Technology Risk Management Framework for BSP-Supervised Institutions

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 …

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Circular Letter: Basic Course on Corporate Governance for Bank Directors

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 …

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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

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.   …

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33rd Mindanao Credit Management Conference – August 22-23, 2013

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 …

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