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The Banco Sentral ng Pilipinas has approved the renaming of Rural Bank of Soliven in Isabela to Common Wealth Rural Bank, Inc. With Circular No. CL 2011-074, the formal change of corporate name was approved on October 6, 2011.

BSP Circular Letter No. CL-2015-015: Credit Consciousness Week

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CIRCULAR LETTER NO. CL-2015-015 TO: ALL BANKING INSTITUTIONS Subject: Credit Consciousness Week Pursuant to Proclamation No. 658 dated April 25, 1995 (copy attached) designating April 24 to 30 as Credit Consciousness Week, all banking institutions and their branches are enjoined to undertake during the period such promotional and publicity-generating activities as advertising, window and counter …

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PDIC Regulatory Issuance No. 2015-01: Computerized Records of Bank Deposits

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REGULATORY ISSUANCE NO. 2015-01 TO : Member Banks SUBJECT : Computerized Records of Bank Deposits Pursuant to Section 9(d)(1) of Republic Act No. 3591, as amended (the “PDIC Charter”), the Board of Directors of PDIC, by virtue of Resolution No. 2014-12-293 dated January 8, 2015, approved the promulgation of the following Rules and Regulations Governing …

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BSP Circular Letter No. CL-2014-057: 2013 Updates to the Manual of Regulations for Banks and Non-Bank Financial Institutions

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BSP Circular Letter No. CL-2014-057 TO: All Banks and Non-Bank Financial Institutions RE: 2013 Updates to the Manual of Regulations for Banks and Non-Bank Financial Institutions The Monetary Board, in its Resolution No. 1265 dated 14 August 2014, approved the 2013 Updates to the Manual of Regulations for Banks (MORB) and Manual of Regulations for …

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BSP Memorandum No. M-2014-035: Guidelines on the Electronic Submission of the Enhanced Report of Selected Branch Accounts

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MEMORANDUM TO: All Member Rural Banks DATE: 18 September 2014 RE: Guidelines on the Electronic Submission of the Enhanced Report of Selected Branch Accounts ———————————————- Please be informed that the Bangko Sentral ng Pilipinas, through Memorandum No. M-2014-035, has issued guidelines on the electronic submission of bank deposit interest rates as part of the Report …

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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.

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