Media Releases

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

Change in the Maturity of Placements in the Reserve Deposit Account Facility

In connection with Resolution  No. 475 of the Monetary Board, please be advised of the following amendments on the provisions of CL 539 of August 2006 and CL 551 of November 2006.   The amendments are as follows: All new deposits in the reserve deposit account (RDA) facility shall be given a maturity date of …

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Clarification on Secured loan and borrowing accommodation

For your information and guidance,  kindly refer to the provisions of item K.1 of Subsection X326.1 of the Manual of Regulations for Banks on the definition of secured loan, borrowing or other credit accommodation, as follows: k. Secured loan, borrowing or other credit accommodation shall refer to any loan or credit accommodation or portion thereof …

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Philippine Star: BSP upgrades rural banks’ role

Philippine Star —  The Bangko Sentral ng Pilipinas (BSP) has given another rural bank the green light to operate as a rural financial institution (RFI), bringing to four the number of small banks that could raise funds for agri-agra lending. The BSP has approved the application of Rural Bank of Sta. Catalina Inc. to operate as …

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CL 753: Unification of the Statutory/Legal and Liquidity Reserve Requirement

To all member RBs and partners, please be advised of Circular 753 or the Unification of the Statutory/Legal and Liquidity Reserve Requirement, Non-Remuneration of the Unified Reserve Requirement, Exclusion of Vault Cash and Demand Deposits as Eligible Forms of Reserve Requirement Compliance, and Reduction in the Unified Reserve Requirement Ratios For completeness/clarity’s sake, we have embedded …

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Call for nominations for the 1st Paeng Microfinance Awards

On behalf of the Rafael Buenaventura Foundation, we would like to invite all member RBs and partners to support and participate in the first ever Rafael Buenaventura Awards for Outstanding Microfinance Institutions.  In partnership with the Bangko Sentral ng Pilipinas, Microenterprise to Banking Services (MABS-USAID), Microfinance Council of the Philippines and PinoyMe Foundation, this prestigious …

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Call for Proposals: Social Marketing Campaign for Rural Banks and their Low-Income Clients

REQUEST FOR PROPOSALS RBAP MICROINSURANCE INITIATIVE Social Marketing Campaign for Rural Banks and their Low-Income Clients Background: The primary objective of the Social Marketing Campaignis to effectively teach rural bank clients on microinsurance product features and to positively change their behavior towards microinsurance. The consultant, in coordination with the RBAP Microinsurance Team, shall provide professional …

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Advisory on New Transaction Codes

To all Compliance Officers Please be advised that 58 new transaction codes identified by various covered institutions were approved by the undersigned on 15 March 2012, pursuant to an authorization from the AMLC. These additional transaction codes have been incorporated in the AMLC transaction codes library and are available for use by the covered institutions. …

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RBAP 2012 Election of Officers

Dear Fellow Rural Banker: In connection with the forthcoming RBAP 59th Annual Corporate Meeting to be held on May 24, 2012 at the Boracay Regency Beach Resort and Spa, we would like to advise all to download and review the attached files below:   1. Notice of Joint RBAP/RBRDFI Annual Corporate Meeting of Members and …

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Rang-Ay Bank’s 21st branch is now open for business

​A fast growing bank, the Rang-ay Bank formally opened its 21st banking office last February 27, 2012 located at the heart of the municipality of Bangar, La Union.  The ceremonial ribbon cutting was led by the town Mayor Joy Pinzon-Merin, with former PRC Board of Dentistry Chairman Dr. Rosita Canlas-Nisce. Rev. Fr. Gregorio Q. Nillo, Parish …

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PAL approved convention fare rate for RBAP

To all rural bankers interested in joining the the Annual National Convention in Boracay, please be informed of the latest fare rates approved by Philippine Airlines for RBAP members.   Sale Period:                        23 March to 15 April Travel Period:           …

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19th Microinsurance Basic Training Course on April 24 – 25, 2012

RBAP-RBRDFI invites you to the 19th Microinsurance Basic Training Course. It will be held on April 24 – 25, 2012 at the RBAP Conference Hall, 2F RBAP Bldg., Intramuros, Manila. This training aims to enhance the capacity of rural banks to serve as effective delivery channels for microinsurance services for the low-income clients. It is …

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Updated: Additional papers on CSTRB Management Course now available

For those who are keen on securing copies of of Assistant Governor Yuvienco’s and Director Gail Fule’s lectures during the recently concluded Southern Tagalog Management Conference in Ilocos, you may now download their ppts  from this site.  You may also download from our Slideshare account by just following and clicking RBAPAT54. Please continue monitoring our …

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Latest modus operandi targeting remittance agents

This is regarding fraudulent/ illegal scheme perpetrated against remittance centers by means of deceit and/or misrepresentation.  Due to the  recent illegal act that affected one remittance Center (non-bank), all management and personnel should heed the cautionary directives, stipulated in BSP Circular Letter No. 19. As stated in the circular, the perpetrators seem to be targeting …

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Philippine Star: RBs to boost consumer, SME lending portfolio

Philippine Star — The country’s rural banks will be aggressively lending to the consumer and small and medium enterprise (SME) markets this year, a bank official said. According to Rural Bankers Association of the Philippines (RBAP) president Ian Eric Pama, the high level of liquidity, low interest rate environment, and strong competition within the country’s banking systemserve …

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