Media Releases

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

Revised Rules on offenses, fines, and procedure in Administrative Investigations

To all Rural Bankers, please be advised of the approved promulgation on the revised PDIC Rules on Administrative Offenses, fines and procedure in Administrative Investigations.  This regulatory issuance is pursuant to Section 21 of RA No. 3591, as amended (the “PDIC Charter”), the Board of Directors of PDIC, by virtue of Resolution No. 2011-12-259 dated …

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AMCLS reports on suspicious transactions

Please be informed of the latest circular of the Anti-Money Laundering Council, pursuant to Resolution No. 120 dated 18 October 2011.  As stipulated in the resolution, all covered banking and financial institutions are required to submit reports on any suspicious transactions involving Egyptian officials from he former government of Hosni Mubarak. For more details on …

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Repost: 2012 RBAP Convention in Boracay

The Rural Bankers Association of the Philippines, in cooperation with the Iloilo Federation of Rural Bankers,  is pleased to announce the holding of the RBAP National Annual Convention at the Boracay Regency Hotel from May to 24 – 25 , 2012. For other upcoming news and updates, we encourage all  to continuously monitor the RBAP …

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Memorandum on Acceptability of new land titles

This is to notify all concerned banks of Memorandum 2012-004 on the criteria for acceptability of new land titles with Presidential decree no. 1271 Annotation as underlying collateral for loans offered for rediscounting with the BSP. It is however, subject to the following conditions: 1. That the land titles submitted specifically state that the original …

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Revised reportorial requirements on Microfinance operations

This is to notify all rural banks, engaged in microfinance operations, of the amendments on the reportorial requirements under Circular No. 607 dated April 30. 2008. The thrust to amend or revise was due to the introduction of new microfinance products and, likewise, the growing exposure of banks, particularly universal and commercial, in wholesale MF …

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Call for posting of Balance and Consolidated Balance Sheets

As per CL-2012-02, all banks are encouraged to post the above-mentioned documents, in accordance with the revised forms and guidelines under CL 576, Memorandum Number 2007-030 and, Memo no. 2008-005 To secure a copy of the latest circular, kindly download the document from RBAP’s slideshare account. Thank you. Cl002 View more documents from RBAPAT54

RBAP joins restoration of Rice Terraces

As part of its opening salvo for 2012, the Rural Bankers Association of the Philippines is joining the campaign to restore the Ifugao Rice Terraces by donating two grass cutters to help save the splendor of this world-renowned architectural marvel.  RBAP is nonetheless still asking its partners to provide more tangible support by donating other …

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Support for foreign equity in RBs featured in the Philippine Star

The rural banking industry is one step closer to realizing the dream of modernizing all RBs, with the the approval of the third and final reading of the house bill allowing up to 40 percent in foreign equity in rural banks.  For details on the latest good news, please click the attached Philippine Star link http://www.philstar.com/Article.aspx?publicationSubCategoryId=66&articleId=766334 …

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Amendments in the types of MI Loans

This is to notify all concerned rural banks on the amendments to Annex A of Circular Number 694, which now include Microfinance Plus in the types of Microfinance Loans.  Under the new Microfinance Plus, borrowers can avail loans from 150,001 to 300,000 pesos on the basis of their cash flow.   As mentioned in the …

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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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