Our kababayans are beginning to understand and adopt the concept of insurance, as the Department of Finance (DOF) recently said that the number of Filipinos who own microinsurance policies have more than doubled as of end-2012 compared to 2010 figures. As of end of last year, the DOF said that there were 12.9 million Filipinos …
Dear RBAP Members For your guidance, attached is Bangko Sentral ng Pilipinas (BSP) Circular Letter 2013-033: Savings Consciousness Week 2013. The Circular and prescribed tarpaulin layout for the campaign is posted in the BSP website Thank you. View/Download BSP Circular Letter 2013-033
Agriculture Secretary Proceso Alcala has expressed his desire to further strengthen his agency’s working relationship with the rural banking industry, particularly in improving farmers’ and fisher folks’ access to credit and capital. His latest wish does not come as a surprise, considering that rural banks have long supported the Department of Agriculture (DA) in a …
Signature Verification, Forgery and Counterfeit Detection Seminar Date: July 31 – August 1, 2013 (Wed-Thu) Venue: RBAP, Intramuros, Manila Time: 8:30am to 5:30pm Resource Person: Ms. Jennifer Dominguez & Ms. Julie Santiago Question Document Examiners, NBI Seminar Fee: 1. Early bird – P3,800 (on or before July 12, 2013) 2. Regular Rate – P4,200 (after …
Signature Verification, Forgery & Counterfeit Detection Seminar – July 31 – Aug 01, 2013 Read More »
Inclusive growth has been defined by the National Economic Development Authority (NEDA) as a sustained growth that creates jobs, draws the majority into the economic and social mainstream, and continuously reduces mass poverty. To achieve this goal, development in rural areas has become imperative. Also, the presence of sustainable rural banks and its financial services …
Dear RBAP Members: For your reference, we have uploaded the presentations of the speakers in our 60th Annual National convention last 10-11 June 2013 at Sofitel Plaza Manila. View / Download: Speakers’ Presentations Day 1 (June 10, 2013) Speakers’ Presentations Day 2 (June 11, 2013)
Dear RBAP Members: For your guidance, attached is the list of Certificates of Candidacy received for 2013 RBAP Elections. View/ Download LIST OF COCs 2013 LIST OF COCs 2013
Dear All, Attached is the BSP Survey Results: Comparative Median Rates Per Province for 4th Quarter 2012. This is also posted in the BSP website, www.bsp.gov.ph. View / Download BSP Comparative Median Rates 4th qtr 2012
03 June 2013 Dear RBAP Members, Federation and Confederation Presidents: As part of our commitment with the Bangko Sentral ng Pilipinas, we would like to remind you of the submission of deposit interest rates for the Second Quarter of 2013. The deadline for the submission of the Second Quarter Deposit Interest Rates is on July 8, 2013 …
Submission of 2nd Quarter Deposit Interest Rates – July 8, 2013 Read More »
Dear RBAP Members: For your guidance, attached is the Program for the RBAP 60th Annual National Convention on June 10-11, 2013 at Sofitel Philippine Plaza, Manila. View/Download RBAP 60th Annual National Convention Program
Dear RBAP Members: For your guidance, attached is Bangko Sentral ng Pilipinas (BSP) Memorandum No. M-2013-023: BSP Compliance Rating System. The Memorandum is also posted in the BSP Website View/Download BSP Memorandum No. 2013-023
Dear RBAP Members: For your guidance, attached is Bangko Sentral ng Pilipinas (BSP) Circular No. 797: Enforcement Actions on Banks in relation to Section 123 of Republic Act No. 7653. The said circular is also posted in the BSP website. View/download BSP Circular No. 797
New law allows foreigners to own 60% of rural banks By Delon Porcalla (The Philippine Star) MANILA, Philippines – President Aquino has signed a law allowing foreigners to own up to 60 percent of voting stocks in rural banks. Under RA 10574, signed by the President last May 24, non-Filipino citizens may now own, acquire …
Philippine Star: New law allows foreigners to own 60% of rural banks Read More »
The bill allowing foreigners to invest in rural banks in the country was recently enacted into law. The Rural Bankers Association of the Philippines (RBAP) on Wednesday hailed the signing by President Aquino of the measure that would allow foreign equity in rural banks, saying this would boost the rural banking sector. With the law, …
Philippine Daily Inquirer: New law seen to strengthen rural banks Read More »
Rural banks opened to foreigners FOREIGNERS can now take majority stakes in rural banks after President Benigno S.C. Aquino III approved changes to a law that had limited ownership to Filipinos. Republic Act (RA) 10574 amends the Rural Act of 1992 by allowing foreign investors to own acquire or purchase up to 60% of voting …
Business World: Rural banks opened to foreigners Read More »
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.
