Accomplishments

Seminar Workshop on Hack-Proofing by KPMG

The KPMG is inviting all interested IT/IS Managers, System/Network Adminsitrators  and IT Enthusiasts  to a free seminar on Hack Proofing your Environment on the 28th and 29th of November at the KPMG Centre in Makati City. Since this is a free seminar, we encourage those who wish to participate to contact Ms  Rubeliza D. Jadoc, Manager …

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Credit Risk Manual for Rural Banks now available

The RBAP and RBRDFI are pleased to announce the release of the much-anticipated Credit Risk Manual for Rural Banks. This manual (priced at 3,700@) includes topics such as Lending Policies and Guidelines, Credit Risk Monitoring, Remedial Management, Provisioning, etc. For details on how to order, please email [email protected] or, contact these landline numbers: 5272971 / …

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Total financial value of PhilPass transactions increase to 54 percent

The following article published by The Philippine Star reports the substantial increase in total value of financial transactions handled by the Bangko Sentral ng Pilipinas’ PhilPass system.  Published on the 15th of November, the article stipulates that the jump occurred in the first quarter of 2011 due to the steady rise of remittances of Filipinos …

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M-056, Approving the Temporary Regulatory Relief to banks affected by typhoon “Pedring”

Please be informed of the issuance of Memorandum o56 or,  the granting of temporary regulatory relief to banks with offices and branches located in areas devastated by Pedring, which was approved by the Monetary Board in its promulgated Resolution No. 1597.  The aforementioned resolution contains several provisions, specifically on the form of temporary relief granted …

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Symposium lectures now available on Slideshare

1. Presentation of RBAPMABS-USAID Chief of Party John Owens on the future trends in Microfinance for Rural Banks New Developments & Future Trends in Microfinance for Rural Banks  View more presentations from John Owens   Rbap symposium 111011 View more presentations from RBAPAT54   Owens rbap presentation nov 2011 View more presentations from RBAPAT54  

Circular Letter No. 086, removing 8 banks from the U.N. Sanctions List

To all banking and financial institutions under the supervision of the BSP, please be informed that CL No. O86, pursuant to the Anti Money Laundering Council Resolution No. 119, hereby removes 8 banking institutions from the Al-Qaida Sanctions List, based on the approval of the United National Security Council Committee.  Under the new law, as …

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Strategies and Opportunities for Rural Banks

What are the new strategies and  innovative ways that can be explored by RBs and eventually, adopted by the whole rural banking industry?   These are the diverse  and topical challenges faced by rural banks today as they try to find effective ways to better serve their clients.  Fortunately, experts from banking and finance discussed …

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Compilation of latest BSP Issuances

The Rural Bankers of the Philippines, which will be celebrating its charter anniversary in November, recently held its monthly Confederation Meeting at the SMX Convention Center in Pasay City.  One of the highlights of the event was the presentation by the Bangko Sentral ng Pilipinas on four (4) circulars benefitting the rural banking industry. Worth …

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Banco Carrascal’s new corporate name

The Banco Sentral ng Pilipinas recently issued a circular, detailing the approval of the change of corporate name of Banco Carrascal, Inc. to BANCO CARRASCAL, Inc. (A Rural Bank).  As stipulated in CL 2011 – 082, which came out on 19 October 2011, the bank concerned has registered its Amended Articles of Incorporation bearing its …

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2010 Updated Manual on Regulations now available

To all interested Rural Bankers, the updated Manual on Regulations for Banks and Non-banks Financial Institutions in compact discs are now on sale at 1000 pesos each.  These electronic manuals are available at the ground floor of the Marketing and Circulation Section of the Corporate Affairs Office of the Bangko Sentral ng Pilipinas.   For …

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BSP Required Interest on Deposit Products

TO: ALL PARTICIPATING RURAL BANKS FROM: IAN ERIC S. PAMA, PRESIDENT SUBJECT: BSP REQUIRED INTEREST ON DEPOSIT PRODUCTS Dear Fellow Rural Banker: The BSP’s Central Supervisory Support Subsector is requiring RBAP to submit a consolidated report on the comparative benchmark median rates on bank deposits of rural banks. In connection therewith, please fill up the …

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Celebrating another Milestone: RBAP’s Charter Anniversary Symposium at the Manila Hotel

We are pleased to inform everyone that RBAP will be holding its 54th Charter Anniversary Symposium on November 10-11, 2011 at the historic Polkabal-Rigodon Ballroom of the Manila Hotel. This year’s conference theme is “ Rural Banking Innovation: The Next Generation” whereby, it talks on how the seeds of a firm and strong foundation for …

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