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Early bird registration ends March 30

TO: CONFED/FEDERATION PRESIDENTS FROM: VICENTE R. MENDOZA, Executive Director RE: REMINDER FOR EARLY BIRD REGISTRATION 2012 ANNUAL CONVENTION, BORACAY REGENCY —————————————————————————————————————————- Dear Confed/Federation Presidents, Greetings! In line with the  upcoming RBAP Annual National Convention in Boracay on May 24-25, 2012, please be reminded that the last day for Early Bird Registration is on March 30, 2012 (Friday). To avail the …

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Manila Times: RBAP to take advantage of strong growth forecast in mobile banking

Manila Times —THE Rural Bankers Association of the Philippines (RBAP) is looking to capitalize on the projection of a strong growth in the mobile banking business this year, driven by the continuous flexibility of carriers to adapt according to market needs. RBAP President Ian Eric Pama said that rural banks will utilize the advantages of …

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The 2012 Visayan Management Conference: Rising above the Challenge

How will the rural banking industry adhere to the principles of corporate governance, in the light of “competing interests of various stakeholders“ and key personalities of a corporation?  This was the pervading question that the Visayan Management Conference attempted to address as the circular on governance guidelines for BSP supervised financial institutions finally took effect …

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Updates on Hotel Accommodation for the Annual National Convention in Boracay

To all rural bankers who are interested in booking a room at the Boracay Regency Hotel, we regret to inform you that all  rooms  (i.e Superior, Deluxe and Family) specifically reserved for RBAP members banks are now fully booked, as of March 19, 2012. We will however try our best to look for an alternative …

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Philippine Star reports arraignment of former Legacy Executive

The former executive of the failed Legacy Bank, one of those accused of misappropriating funds of the Rural Bank of Carmen, was finally arraigned in the city of Danao in Cebu after being nabbed in Bohol last month. For more on this exclusive news by Mr. Lawrence Agcaoili, go to the website of the Philippine …

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RBAP launches SMART Money Accreditation Training Course

The highly-anticipated SMART Money Accreditation Training Course for rural banks was finally launched in historic Intramuros by the Rural Bankers Research and Development Training Foundation, in partnership with SMART Communications Inc. and RBAP’s Microenterprise Access to Banking Services-USAID program. For one whole day last March 9, representatives  from various Luzon based RB’s immersed themselves in …

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Conversion of Liberty Savings Bank into a Rural Bank

This is to inform all rural bankers of the conversion of Liberty Savings Bank into a rural bank, stipulated in Circular Letter 2012-018 of the Bangko Sentral ng Pilipinas. Under its new SEC-approved corporate name, Liberty Savings Bank will now be known as Liberty Bank (a Rural Bank) Inc.  It will start operating as a …

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Guidelines on submission of IT Profile Report

This is to notify all rural bankers of the required accomplishment and submission of IT Profile Report, for the creation of a baseline IT information and, risk profile the complexity of IT operations based on technology related products. Below are the summarized guidelines in the submission of the IT profile, which RBAP hopes will be …

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Pricing Transparency Workshops -regulations calculations on EIRR

Dear Fellow Rural Bankers: The Bangko Sentral ng Pilipinas (BSP) has issued Circular 730 and the accompanying Memorandum M-2011-040 on regulations and calculation for Effective Interest Rates (EIR) for all types of loans last year. The July 1, 2012 start of these rules have huge implications on how we disclose rates, remain competitive, and earn …

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