This folder is a compilation of event photos, videos, press releases, speech of officers and guests
For your guidance, below is the official statement of the Bangko Sentral ng Pilipinas on Comelec Resolution No. 9688, which orders a ban on cash withdrawals exceeding P100,000 from May 8 to 13, 2013 BSP’s Statement on Comelec Resolution 9688 05.08.2013 The Bangko Sentral ng Pilipinas supports the COMELEC’s goal to ensure clean and honest …
BSP Statement on Comelec Resolution No. 9688 – Money Ban Read More »
With the almost perfect penetration rate of mobile carriers in the country and Filipinos’ long-time fondness and mastery of the art of texting, the Philippines was once tagged as the “texting capital of the world.” However, as mobile phone technology revolutionized, the usual “texting” capability has gone far beyond its functionality to include financial transactions such …
Throughout the years, we have seen how the agricultural sector, particularly the farmers, have rescued our economy from collapse. Raising their living standards is decided largely by the priority and investment. One of the many ways to achieve this is by enhancing farm productivity and sustainability. In a typical rural setup, households need a sizeable …
Attached for your guidance is BSP Memorandum No. M-2013-015: Collection of the Annual Supervisory Fees (ASF) for the Year 2013, issued 18 April 2013. The Memorandum is also posted in BSP’s website: http://www.bsp.gov.ph/downloads/regulations/attachments/2013/m015.pdf View BSP Memorandum No.2013-015 here
With the rapid advancements in financial systems in both the domestic and global arena, it becomes imperative for the Bangko Sentral ng Pilipinas (BSP) to be attuned with the times. Not only does it need to “ride on the waves” of technology, but it should also adopt internationally accepted principles in both financial and payment …
Attached for your guidance is BSP Circular No. 793 – Amendment to Align the Familial Restrictions Applicable to “Independent Director” with the Existing Provision of the Securities Regulation Code, issued 8 April 2013. The Circular is also posted in BSP’s website at http://www.bsp.gov.ph/downloads/regulations/attachments/2013/c793.pdf View BSP Circular No. 793 here.
Attached for your guidance is BSP Circular Letter No. CL-2013-025: Publication/Posting of Balance Sheet (BS) and Consolidated Balance Sheet (CBS), issued 10 April 2013. The circular is also posted in BSP’s website at http://www.bsp.gov.ph/downloads/regulations/attachments/2013/cl025.pdf View BSP Circular Letter 2013-025 here
Rural banks and thrift banks – two separate groups of financial entities committed to serve the “small” market by design – are now in a unique position to help each towards achieving this goal. The Bangko Sentral ng Pilipinas (BSP) said it will allow rural and thrift banks to engage in cross selling, which pertains …
Good day members of RBAP! Below are materials regarding the United States Foreign Account Tax Compliance Act (FATCA) for your reference. View FATCA Updates here View IRS Presentation on FATCA here
Attached for your guidance is BSP Circular No. 791 – Restoration of the 2009 Assessment Rates for Annual Supervisory Fees (ASF) Charged on Banks and Non-Banks With Quasi-Banking Functions For 2013 onwards, issued 3 April 2013. Circular No. 791 is also posted in BSP’s website at www.bsp.gov.ph/downloads/regulations/attachments/2013/c791.pdf View BSP Circular 791 here
Dear Everyone, Greetings from the Rural Bankers Association of the Philippines! We are pleased to furnish you the 2013 RBAP Annual National Convention circular. The convention is on June 10-11, 2013 (Monday & Tuesday) at Sofitel Philippine Plaza Manila with the theme: “Rural Banks: Championing Inclusive Growth in an Exclusive World of Banking” To avail …
60th Annual National Convention, June 10-11, 2013 at Sofitel Philippine Plaza, Manila Read More »
Attached for your guidance is the Memorandum to All Banks on the Updated Published Balance Sheet and Consolidated Balance Sheet pursuant to Circular No. 788 dated 26 February 2013 and Circular No. 576 dated 8 August 2007 on the Publication/Posting of Balance Sheet. The said template shall be adopted starting with the reporting period ended …
As the rural banking industry waits for the amendment of Rural Bank Act allowing foreign equity, a couple more legislative measures are poised to provide a tremendous boost to the industry’s cause. Under Senate Bill 3255 or “An Act Governing the Creation and Accreditation of Microenterprise Development Institutions [Microdevs],” microfinance institutions like rural banks are …
They are now slowly knocking on the door. Pretty soon, more will come in droves. Amid the impending opening up of the rural banking industry to majority foreign ownership, a $24.2-million, “socially-motivated” investment and technical support company Bridge of Singapore was formed composed of different foreign finance companies dedicated to building Filipino banks in provincial …
The Philippine Deposit Insurance Corporation (PDIC) recently launched the PDIC Regulatory Issuances and Bulletins, a compendium of the Corporation’s regulations on bank operations and deposit insurance, in simple ceremonies attended by officers from the Bankers Association of the Philippines (BAP), Chamber of Thrift Banks (CTB), and the Rural Bankers Association of the Philippines (RBAP). Also …
Malaya: PDIC launches comprehensive guide of issuances and bulletins Read More »
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.
