MANILA, Philippines – In 2011, Philippine rural banks processed over P4.9 billion (roughly $116 million) worth of banking transactions which were enabled by mobile banking. In fact, the former head of the Microentrepreneurs Access to Banking Services (MABS) program John V. Owens said a 58-percent increase in the volume of transactions through mobile banking has …
Philippine Star: Mobile Banking Expands in Rural Areas Read More »
One of the leading proponents of opening up the rural banking industry to foreign ownership made several important points on why active foreign participation will not only enable rural banks, which have been present for 60 years, to better compete with its bigger brethren, but also further improve rural banks’ line of services for its …
The BSP’s Central Supervisory Support Subsector is again requiring us to submit a consolidated report on the comparative benchmark median rates on bank deposits of rural banks for third quarter. In connection with this, please fill up the enclosed survey form. Survey Template If the bank has different rates for its head office and branches, please …
ZNFRB Circular No. 2012-01 To: All RBAP Members Subject: 32nd Mindanao Rural Bankers Management Conference The ZaNorte Federation of Rural Banks (ZNFRB) will be hosting the 32nd Mindanao Rural Bankers Management Conference on October 11-12, 2012, at the Dakak Park and Beach Resort, Dapitan City, ZaNorte, with the theme: “Strengthening the Road of Rural …
Re-Broadcast: Mindanao Management Conference at Dakak Beach Resort Read More »
November may be three months away, but the RBAP Secretariat would like to advise all partners, peers and friends on the upcoming symposium in celebration of 60 wonderful years of Rural Banking. We expect this year’s symposium at the Fiesta Pavilion of the Manila Hotel from November 19 – 20 to be more engaging as …
Re-broadcast: November 19-20 RBAP Symposium at the Manila Hotel Read More »
This is to inform all our partners and friends on the recent amendments on Sections X401, x403, X406.3 and x406. 4 the Manual of Regulations for Banks, in accordance with Resolution No. 1325 of the Monetary Board, the aim of which is to strengthen Corporate Governance and Risk Management Practices on Trust, other Fiduciary Business …
Amendments to the Guidelines in Strengthening Corporate Governance and Risk Management Read More »
On behalf of the Microfinance Council of the Philippines , the Rural Bankers Association of the Philippines is pleased to announce the start of the 2012 Citi Micro-entrepreneur of the Year Awards Program. The Citi Microentrepreneur of the Year (MOTY) Awards is a nationwide search for outstanding microentrepreneurs in the Philippines. Now on its tenth …
In celebration of 60 years of Rural Banking in the Philippines, RBAP would like to invite all to commemorate and support Rural Banking Consciousness Week, happening from August 27 – 30, 2012. Thank you.
To all friends and partners, please be advised of the revised outsourcing framework for banks, approved by the Monetary Board in its Resolution No. 1179 last July 19. Included in the amendments are Section X162 and other relevant provisions of the Manual of Regulations for Banks. Based on the above – mentioned resolution, some of …
This is to advise all of the renaming of Rural Bank of Pangsanjan, Inc. to Banco Laguna, Inc. (A Rural Bank Since 1965), approved by the Bangko Sentral ng Pilipinas. Please be informed that the amended articles of incorporation and by-laws bearing the change of name has been registered with the SEC on 6 July …
The leading countryside financial institution in the north, Rang-ay Bank, opened its 23rd branch on August 3, 2012 at the Luna (La Union) Sports Center. The ceremonial ribbon cutting was led by town Mayor Victor Marron with Mrs. Geraldine Ortega, wife of the provincial governor, and former PRC Board of Dentistry Chairman Dr. Rosita Canlas-Nisce, Msgr. Alfonso Lacsamana, Parish Priest of …
FOR: ALL PARTICIPATING RURAL BANKS SUBJECT: CIRCULAR LETTER: CREDIT INVESTIGATION & BASIC COURSE ON PROPERTY APPRAISAL Dear Fellow Rural Bankers: The Rural Bankers Association of the Philippines (RBAP), through the Rural Bankers’ Research and Development Foundation, Inc. (RBRDFI) is pleased to announce that it will conduct the seminar-workshop described below as part of its …
FOR: ALL PARTICIPATING RURAL BANKS SUBJECT: Circular Letter: REMEDIAL MANAGEMENT SEMINAR Dear Fellow Rural Bankers: The Rural Bankers Association of the Philippines (RBAP), through the Rural Bankers’ Research and Development Foundation, Inc. (RBRDFI) is pleased to announce that it will conduct the seminar-workshop described below as part of its continuing strategy to strengthen the …
Seminar on Remedial Management, 11-12 September 2012 Read More »
To: All Participating RBs Date: August 09, 2012 Please be informed that the scheduled Credit Investigation and Basic Course on Property Appraisal on August 10-11, 2012 is now CANCELLED. Until now the weather condition in Metro Manila and its environs has not improved, which causes distress – floods and difficulties in traveling to and from …
Cancelled: Credit Investigation and Basic Course on Property Appraisal Read More »
Please be advised that the LRA is implementing its eTitle Program under its Land Titling Computerization Project. The eTitle Program provides title owners better protection by upgrading their manually issued titles to Electronic Certificates of Title. For the banks, the benefits of eTitles are as follows: 1. It provides another layer of due diligence for …
LRA voluntary title standardization program (eTitle) 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.
