Circular 750 of the Bangko Sentral ng Pilipinas hereby states the amendments on certain provisions of the MORB on the risk weighting of bank loans to the extent guaranteed by the Agricultural Guarantee Fund Pool, in accordance with the Resolution 276 of the Monetary Board. Particular attention should be given on the amendments under (1) …
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To all rural bankers, pleased be informed of the recently issued Circular 749 or the approved Guidelines in Strengthening Corporate Governance in BSP supervised Financial Institutions. Pursuant to Resolutions 111 and 227 of the Monetary Board, the 29-page circular stipulates the amendments on the Manual of Regulations for Banks under Subsections X141, X142, X174 to …
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One of the largest rural banks in the country is again making headlines with its record growth in 2011. One Network Bank, with 82 branches in Mindanao posted a P428 million net income last year, or a growth of 37.62 percent from P311 million in the previous year. To know more about ONB’s better than …
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 …
The Rural Bankers Association of the Philippines is delighted to announce that it will be holding the 59th Annual National Convention and Corporate Meeting at the Boracay Regency Beach Resort and Spa in the world-renowned island of Boracay from May 24-25, with the theme “Aiming high: charting a clear path for vibrant rural banking future”. For this upcoming …
To all rural bankers, please take note of the reminders/ notifications stipulated in BSP Memo No. 9, explaining the necessity of timely initiating the extension of corporate terms. For your perusal, kindly download the PDF file from our Slideshare account Thank you. M009 View more documents from RBAPAT54
All member rural banks are hereby notified of the amendments on the provisions of Micro Agri Loans, as stipulated in the recently issued BSP circular. The modifications are under subsection X361.7 of the MORB. Particular attention should be given on Section 2, which lists several prudential requirements for compliance; Section 3 meanwhile covers the breakdown …
Another great read from the Manila Times as it features RBAP’s huge role in promoting mobile banking in the countryside. Click the link to read the rest of this story: http://www.manilatimes.net/index.php/business/top-business-news/16737-ph-market-prepares-for-mobile-banking-boom
Updates: If you wish to secure a copy of Pres. Araneta’s presentation,please download the file below The commitment to further enhance the country’s banking services in rural areas has received another boost as the Philippine Deposit Insurance Cooperation conveyed its support for the rural banking sector by helping develop a core banking software that will …
This is to notify all rural bankers in the Visayas that the Waterfront Hotel in Lahug, Cebu City will be the venue for the 2012 Management Course from March 15 to 16. “Good Governance: a continuing challenge for rural banks” is this year’s conference theme. For those who wish to participate, the fee is P 5,500.00 …
The Bangko Sentral ng Pilipinas is calling all banks to support the Bankers Institute of the Philippines’ Trading and Development Week, from March 12-17. This week long celebration is deemed significant as banks “shall recognize the importance of continuous productivity enhancement “. Please download the circular here cl011for more details. Thank you.
The BSP has just released Circular 747, amending the entirety of Section X180 of the Compliance System under the Manual of Regulations for Banks. These revisions were approved by the Monetary Board in its resolution signed on the 20th of January 20, 2012. Please take note that all should comply on or before July 1, …
This is to notify all rural banks concerned of the amendments on subsection X304.1 of the Manual of Regulations for Banks, with respect to the extension of submission granted to micro and small enterprises. As stipulated: “Loans small and micro enterprises which are not specifically exempted from the additional documentary requirements specified under the third …
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Check out the latest Manila Times article on RBAP. Visit the site here: http://www.manilatimes.net/index.php/business/top-business-news/16272-big-boost-to-rural-development-initiative Thank you.
For the latest compilation of trending topics on innovative projects and activities benefiting rural banks worldwide, follow RBAP on Storify. [View the story “Latest news and trending topics on RBs” on Storify]
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.
