Media Releases

This folder is a compilation of event photos, videos, press releases, speech of officers and guests

Microinsurance Training for Rural Banks on January 23-25, 2013 in Cagayan de Oro City

The Rural Bankers Association of the Philippines (RBAP), through its technical arm the Rural Bankers Research and Development Foundation, Inc. (RBRDFI), will be conducting two microinsurance training in Cagayan de Oro City this coming January 2013. The 21st batch of the 2-Day Basic Microinsurance Training Course for Rural Banks will be held on January 23-24 …

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Malaya: Remittances post record $1.9B in October

Remittances post record $1.9B in October Remittances from overseas Filipinos coursed through banks posted a monthly record-high last October. Bangko Sentral ng Pilipinas said that October remittances hit $1.9 billion, beating September’s $1.838 billion. Inflows from Filipinos working abroad seem not to be affected by continuing crisis in Europe inasmuch as the bulk of workers …

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Business World: Landbank bill OK’d on third reading

WITH only three days before Congress takes a break for the holidays, the Senate approved a measure extending the corporate life of state-run Land Bank of the Philippines (Landbank) on third and final reading. Voting 19-0, senators yesterday approved Senate Bill (SB) No. 2944, which seeks to amend Republic Act (RA) No. 3844 and extend …

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Report on the Philippine Financial System for First Semester of 2012

The Bangko Sentral ng Pilipinas (BSP) recently released the Status Report on the Philippine Financial System for the first semester of 2012.  The report provides an account of the performance of the banking system and other financial institutions under BSP supervision such as non-banks with quasi-banking functions, trust entities, and non-stock savings and loan associations.  …

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CIRCULAR LETTER NO. CL-2012-071: Approved Applications for New Banking Offices and Opened Banking Offices during the 2nd Quarter of 2012

The Bangko Sentral ng PIlipinas has approved the application for branches of 10 rural banks submitted in the second quarter of 2012. In a circular signed on Oct 5, 2012, BSP gave its go signal to open new and re-open closed branches for several banks. The document also allowed the extension of  existing branch offices. …

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BSP CIRCULAR LETTER NO. CL-2012-070

Accredited Rural Financial Institutions for the Purpose of Implementing the Agri-Agra Reform Credit Act of 2009 Pursuant to Circular No. 736 of 20 July 2011. The Bangko Sentral ng Pilipinas clarifies that the circular was drafted for information dissemination and not as an endorsement. Provided on the said circular are list of qualified banks. To …

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Philippine Star: Mobile Banking Expands in Rural Areas

MANILA, Philippines – In 2011, Philippine rural banks processed over P4.9 billion (roughly $116 million) worth of banking transactions which were enabled by mobile banking. In fact, the former head of the Microentrepreneurs Access to Banking Services (MABS) program John V. Owens said a 58-percent increase in the volume of transactions through mobile banking has …

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Manila Times: One Step Closer

One of the leading proponents of opening up the rural banking industry to foreign ownership made several important points on why active foreign participation will not only enable rural banks, which have been present for 60 years, to better compete with its bigger brethren, but also further improve rural banks’ line of services for its …

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Submission of Survey Rates for 3rd Quarter

The BSP’s Central Supervisory Support Subsector is again requiring us to submit a consolidated report on the comparative benchmark median rates on bank deposits of rural banks for third quarter. In connection with this, please fill up the enclosed survey form. Survey Template If the bank has different rates for its head office and branches, please …

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Re-Broadcast: Mindanao Management Conference at Dakak Beach Resort

  ZNFRB Circular No. 2012-01 To: All RBAP Members Subject: 32nd Mindanao Rural Bankers Management Conference The ZaNorte Federation of Rural Banks (ZNFRB) will be hosting the 32nd Mindanao Rural Bankers Management Conference on October 11-12, 2012, at the Dakak Park and Beach Resort, Dapitan City, ZaNorte, with the theme: “Strengthening the Road of Rural …

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