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Dear Fellow Rural Bankers: Greetings! The Bangko Sentral ng Pilipinas requests the assistance of your RBAP in disseminating to the member banks the Client Satisfaction Survey for Licensing Quality Management System of the Supervision and Examination Sector (SES Licensing QMS). Surveys are attached, available for download, and response can be emailed directly to the BSP.

1. Memorandum No. 2008-011 2. Memorandum No. 2008-012 3. Memorandum No. 2008-016 4. Annex A of Memorandum No. 2008-016 – File Structure 5. Annex B of Memorandum No. 2008-016 – FRP Control Prooflist The above enumerated files can also be accessed from the BSP website. Likewise, banks shall be provided a CD of all the above

The Philippine STAR 09/19/2006 The Monetary Board (MB) of the Bangko Sentral ng Pilipinas (BSP) has approved two new circulars on how financial institutions (FIs) should manage market and liquidity risks, including interest rate risk. The guidelines are formulated to ensure that FIs have sufficient knowledge and skills to understand and effectively manage market and

The Philippine STAR 09/19/2006 The World Bank (WB) has expressed grave concern on the repeal of Executive Order (EO) 138 which was replaced by EO 558. EO 558, signed by President Arroyo last month, allows all government agencies to lend money regardless of its mandated functions. The repealed EO 138, signed by former President Estrada,

By Des Ferriols The Philippine Star 09/05/2006 The Bangko Sentral ng Pilipinas (BSP) has issued two major guidelines giving banks full control and accountability of their market and liquidity risks as the industry gears up for full compliance with the Basel II Convention. Under the new guidelines, the BSP said it is not particularly concerned