Press releases

Updated: Memorandum on BSP regulatory relief

For rural banks affected by storm Sendong, please be informed that the Bangko Sentral ng Pilipinas has approved the granting of regulatory relief measures on December 29, 2011.  As stipulated in the press release, posted on the BSP website http://www.bsp.gov.ph/publications/media.asp?id=2776, the temporary measures include the following: 1. Excluding existing loans of borrowers in affected areas …

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CLOSED–CIR Credit Risk Management Training for RBs Sr. Officers -Jan 16, 2012

FOR : ALL PARTICIPATING RURAL BANKS FROM : MA. CORAZON L. MILLER, Chairman Dear Fellow Rural Bankers: As part of Rural Bankers Association of the Philippines (RBAP) continuing strategy to strengthen the rural banking industry, the Rural Bankers’ Research and Development Foundation, Inc. (RBRDFI), will start conducting seminars on Credit Risk Management. Course Title: One-Day …

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CIR Internal Control-Internal Audit – Feb 10, 2012

FOR : ALL PARTICIPATING RURAL BANKS FROM : MA. CORAZON L. MILLER, Chairman SUBJECT : INTERNAL AUDIT/INTERNAL CONTROL SEMINAR Dear Fellow Rural Bankers: The Rural Bankers Association of the Philippines (RBAP), through the Rural Bankers’ Research and Development Foundation, Inc. (RBRDFI), will conduct a seminar described below as part of its continuing strategy to strengthen …

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AMLA Seminar: CIR 706 – UARR Feb. 3, 2012

FOR : ALL PARTICIPATING RURAL BANKS FROM : MA. CORAZON L. MILLER, Chairman SUBJECT : AMLA SEMINAR :BRIEFING ON BSP CIR. 706 – UPDATED AML RULES AND REGULATIONS Dear Fellow Rural Bankers: The Rural Bankers Association of the Philippines (RBAP), through the Rural Bankers’ Research and Development Foundation, Inc. (RBRDFI), will conduct a seminar described …

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CIR Corporate Governance Seminar Jan. 30-31, 2012

FOR : ALL PARTICIPATING RURAL BANKS FROM : Ma. Corazon L. Miller, Chairman SUBJECT : CIRCULAR LETTER: SEMINAR-WORKSHOP ON CORPORATE GOVERNANCE & RISK MANAGEMENT FOR RB DIRECTORS 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 …

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Guidelines on the electronic submission of the new Agri Agra Report and updated FRP

This is to inform everyone of the guidelines on the electronic submission of the report on Compliance with the Mandatory Agri Agra Credit under RA No. 10000 and the updated FRP Report, pursuant to Circular No. 736 and Memorandum Number M-2011-052. For a complete breakdown of the of the Agri Agra Submission and FRP Submission …

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Updates on Misamis Bank, Inc., A Rural Bank

Please be informed that the newly formed Misamis Bank Inc, A Rural Bank, a consolidation of RB Tudela and RB Kolambugan, will start operating on the 2nd of January 2012, as per CL 2011-094 issued by the BSP on 6 December 2011.  Said consolidation was registered under the SEC on April 19, 2011. To secure a …

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National Banking Week 2012

In accordance to Proclamation 2250, designating January 1 to 7 as National Banking Week, the Banko Sentral ng Pilipinas is encouraging all banking institutions and their branches to undertake promotional and publicity generating activities such as advertising, window and counter displays, streamers, distribution of give-aways and similar incentives.  Likewise, the BSP enjoins all banks to …

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Transfer of BSP Kalibo Branch

To all authorized agent banks in Roxas City and in the provinces of Capiz and Aklan, please be advised that the BSP branch in Kalibo is moving to its new home at Arnaldo Boulevard, Baybay, Roxas City.  Cash operations and other salient functions such as accepting deposits, supplying currency requirements and replacing unfit currency for …

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SIgnature Verification & Foirgery Detection Seminar

FOR : ALL PARTICIPATING RURAL BANKS FROM : MA. CORAZON L. MILLER, Chairman SUBJECT : SIGNATURE VERIFICATION AND FORGERY DETECTION SEMINAR Dear Fellow Rural Bankers: The Rural Bankers Association of the Philippines (RBAP), through the Rural Bankers’ Research and Development Foundation, Inc. (RBRDFI), will conduct a seminar described below as part of its continuing strategy …

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Internal Audit/ Internal Control Seminar

FOR : ALL PARTICIPATING RURAL BANKS FROM : MA. CORAZON L. MILLER, Chairman SUBJECT : INTERNAL AUDIT/INTERNAL CONTROL SEMINAR Dear Fellow Rural Bankers: The Rural Bankers Association of the Philippines (RBAP), through the Rural Bankers’ Research and Development Foundation, Inc. (RBRDFI), will conduct a seminar described below as part of its continuing strategy to strengthen …

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Cir Know Your Money and Counterfeit Detection Seminar

FOR : ALL PARTICIPATING RURAL BANKS FROM : MA. CORAZON L. MILLER, Chairman SUBJECT : KNOW YOUR MONEY and COUNTERFEIT DETECTION SEMINAR Dear Fellow Rural Bankers: The Rural Bankers Association of the Philippines (RBAP), through the Rural Bankers’ Research and Development Foundation, Inc. (RBRDFI), will conduct a seminar described below as part of its continuing …

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Cir: Basic Course on Cashiering – Dec 14, 2011

FOR : ALL PARTICIPATING RURAL BANKS FROM : MA. CORAZON L. MILLER, Chairman SUBJECT : BASIC COURSE ON CASHIERING Dear Fellow Rural Bankers: The Rural Bankers Association of the Philippines (RBAP), through the Rural Bankers’ Research and Development Foundation, Inc. (RBRDFI), will conduct a seminar described below as part of its continuing strategy to strengthen …

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Circular Letter: Seminar-Workshop on Corporate Governance & Risk Management for RB Directors

FOR : ALL PARTICIPATING RURAL BANKS FROM : Ma. Corazon L. Miller, Chairman SUBJECT : CIRCULAR LETTER: SEMINAR-WORKSHOP ON CORPORATE GOVERNANCE & RISK MANAGEMENT FOR RB DIRECTORS 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 …

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M-056, Approving the Temporary Regulatory Relief to banks affected by typhoon “Pedring”

Please be informed of the issuance of Memorandum o56 or,  the granting of temporary regulatory relief to banks with offices and branches located in areas devastated by Pedring, which was approved by the Monetary Board in its promulgated Resolution No. 1597.  The aforementioned resolution contains several provisions, specifically on the form of temporary relief granted …

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