Press releases

Rural banks review consolidation program

By Ted P. Torres (The Philippine Star) MANILA, Philippines – The rural banking system is reviewing the Strengthening Program for Rural Banks (SPRB) in an attempt to speed up the process of consolidation. The SPRB is a consolidation program initiated by both the public and private sector, supported by a P5-billion financial assistance fund. The

Rural banks review consolidation program Read More »

SEMINAR WORKSHOP ON CORPORATE GOVERNANCE & RISK MANAGEMENT FOR RB DIRECTORS ON MAY 5-6, 2011 AT MICROTEL INN & SUITES, BAGUIO CITY

FOR                 :  ALL PARTICIPATING RURAL BANKS FROM             :  RBRDFI / FEDERATION OF BAGUIO BENGUET MT. PROVINCE RURAL BANKS SUBJECT       :  SEMINAR WORKSHOP ON CORPORATE GOVERNANCE & RISK MANAGEMENT FOR RB DIRECTORS Dear Fellow Rural Bankers: The Rural Bankers Research & Development Foundation, Inc. (RBRDFI) and the Federation of Baguio Benguet & Mt. Province Rural Banks is pleased to announce that it will

SEMINAR WORKSHOP ON CORPORATE GOVERNANCE & RISK MANAGEMENT FOR RB DIRECTORS ON MAY 5-6, 2011 AT MICROTEL INN & SUITES, BAGUIO CITY Read More »

Message from Governor Amando M. Tetangco, Jr.

Message from Governor Amando M. Tetangco, Jr. on his acceptance of another term as Governor of the BSP. “Vince, pls convey to RBAPmy thanks and appreciation for the continued support and cooperation extended to BSP. Salamat!” This was sent today, February 4, 2011, through Vicente R. Mendoza, RBAP Executive Director.

Message from Governor Amando M. Tetangco, Jr. Read More »

BSP Circular No. 706 – Updated Anti-Money Laundering Rules and Regulations

Download Circular No. 705 in pdf format Please note of the following: Section X805.2.a. – Submission of the Revised and Updated MLPP. Approval by the Board of Directors or Country Head. All institutions are given 180 days from effectivity of Rules to prepare and have an updated MLPP. Section X806.1.e.2. – Outsourcing Arrangement Section X806.2.d.

BSP Circular No. 706 – Updated Anti-Money Laundering Rules and Regulations Read More »