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 …
Latest modus operandi targeting remittance agents Read More »
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 …
Philippine Star: RBs to boost consumer, SME lending portfolio Read More »
Manila Times —THE Rural Bankers Association of the Philippines (RBAP) is looking to capitalize on the projection of a strong growth in the mobile banking business this year, driven by the continuous flexibility of carriers to adapt according to market needs. RBAP President Ian Eric Pama said that rural banks will utilize the advantages of …
Manila Times: RBAP to take advantage of strong growth forecast in mobile banking Read More »
The highly-anticipated SMART Money Accreditation Training Course for rural banks was finally launched in historic Intramuros by the Rural Bankers Research and Development Training Foundation, in partnership with SMART Communications Inc. and RBAP’s Microenterprise Access to Banking Services-USAID program. For one whole day last March 9, representatives from various Luzon based RB’s immersed themselves in …
RBAP launches SMART Money Accreditation Training Course Read More »
*Due to the high number of requests for reservations for the upcoming BSP seminar, we are informing all RB members to signify your formal intention in joining as soon as possible. As of today, March 6, the BSP has few remaining slots for rural bankers. Please be informed that as soon as we’ve reached the …
In observance of Trust Consciousness Week from March 17 to 23, the BSP is encouraging all banks and finance institutions to participate and ensure the successful observance of this week-long celebration. The main objective of this observance is to increase the awareness of the public on trust and trust related products and services. Kindly download …
Circular 750 of the Bangko Sentral ng Pilipinas hereby states the amendments on certain provisions of the MORB on the risk weighting of bank loans to the extent guaranteed by the Agricultural Guarantee Fund Pool, in accordance with the Resolution 276 of the Monetary Board. Particular attention should be given on the amendments under (1) …
Amendments on risk weighting of bank loans guaranteed by AGFP Read More »
One of the largest rural banks in the country is again making headlines with its record growth in 2011. One Network Bank, with 82 branches in Mindanao posted a P428 million net income last year, or a growth of 37.62 percent from P311 million in the previous year. To know more about ONB’s better than …
To all rural banks and business partners, please be informed of RB Camalig’s adopted new name and business style, which has been duly approved by the BSP . Hence from this day onwards, as stipulated in BSP Circular 015, Rural Bank of Camalig (Albay) will be known as Camalig Bank (A Rural Bank). To secure a …
To all those interested in attending the 2012 Management course at the Holiday In Clark Hotel in Pampanga, please take note of the change in the registration fee(s). The revised form can be downloaded here: cclrb-2REgistration form-final. Please be guided accordingly.
Another great read from the Manila Times as it features RBAP’s huge role in promoting mobile banking in the countryside. Click the link to read the rest of this story: http://www.manilatimes.net/index.php/business/top-business-news/16737-ph-market-prepares-for-mobile-banking-boom
Updates: If you wish to secure a copy of Pres. Araneta’s presentation,please download the file below The commitment to further enhance the country’s banking services in rural areas has received another boost as the Philippine Deposit Insurance Cooperation conveyed its support for the rural banking sector by helping develop a core banking software that will …
The Rural Bankers Association of the Philippines, led by Executive Director Vicente Mendoza recently paid a courtesy call to Senator Ferdinand Marcos to request for sponsorship of a senate bill, amending foreign equity ceilings in rural banks. If amended, rural banks would have additional funds available for borrowers (i.e. farmers, micro-entrepreneurs, fisherfolk) in the countryside. …
RBAP official pays courtesy call to Senator Marcos Read More »
Efforts by rural bankers to provide better credit access to farmers and fisherfolk was again featured in the business section of the Philippine Star. The article, published on January 29, reported the fruitful meeting between the officers of RBAP and Secretary Alacala of the Department of Agriculture. Aside from the varied measures and fund guarantees …
Article on cooperation between DA and Rural Bankers on Phil Star Read More »
RBAP officials led by President Ian Eric S. Pama and Executive Director Vicente Mendoza recently held a meeting with Secretary Proceso J. Alcala and Undersecretary Fleta of the Department of Agriculture to discuss measures on how the DA’s office can effectively support and strengthen its’ partnership with the rural banking industry. The two parties …
RBAP delegation pays courtesy call to Sec. Alcala 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.
