President’s Corner

Article on cooperation between DA and Rural Bankers on Phil Star

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 …

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RBAP delegation pays courtesy call to Sec. Alcala

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 …

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RBAP supports restoration campaign

Proponents of the Save the Ifugao Rice Terraces Movement can now count on the support of RBAP as the association recently pledged its intention of donating 25,000 pesos, which will be used to purchase a mechanical grass cutter for the rehabilitation of the terraces.  Members and trustees of the RBAP board unanimously gave their resounding concurrence …

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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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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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RBAP-MABS achievements highlighted in International Study Tour

Three Senior Officers from the Central Bank of India, State Bank of Pakistan and Central Bank of Sri Lanka recently visited the RBAP – MABS office in Intramuros as part of their study tour organized by the Asia Pacific Rural and Agrcultural Credit Association.  Members of RBAP MABS, led by Mr. John Owens, Chief of …

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Guidelines on the electronic submission of the new Agri Agra Report and updated FRP

This is to inform everyone of the guidelines on the electronic submission of the report on Compliance with the Mandatory Agri Agra Credit under RA No. 10000 and the updated FRP Report, pursuant to Circular No. 736 and Memorandum Number M-2011-052. For a complete breakdown of the of the Agri Agra Submission and FRP Submission …

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Updates on Misamis Bank, Inc., A Rural Bank

Please be informed that the newly formed Misamis Bank Inc, A Rural Bank, a consolidation of RB Tudela and RB Kolambugan, will start operating on the 2nd of January 2012, as per CL 2011-094 issued by the BSP on 6 December 2011.  Said consolidation was registered under the SEC on April 19, 2011. To secure a …

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National Banking Week 2012

In accordance to Proclamation 2250, designating January 1 to 7 as National Banking Week, the Banko Sentral ng Pilipinas is encouraging all banking institutions and their branches to undertake promotional and publicity generating activities such as advertising, window and counter displays, streamers, distribution of give-aways and similar incentives.  Likewise, the BSP enjoins all banks to …

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Yuletide Greetings from RBAP

Good wishes  View more presentations from RBAPAT54   [RSSImport display=”5″ feedurl=”http://feedurl.com/” before_desc=” ” displaydescriptions=”TRUE” after_desc=” ” html=”FALSE” truncatedescchar=”200″ truncatedescstring=” … ” truncatetitlechar=” ” truncatetitlestring=” … ” before_date=” ” date=”FALSE” after_date=”” date_format=”” before_creator=” ” creator=”FALSE” after_creator=”” start_items=” ” end_items=” ” start_item=” ” end_item=” ” target=”” rel=”” charsetscan=”FALSE” debug=”FALSE” before_noitems=” ” noitems=”No items, feed is empty.” after_noitems=” …

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Transfer of BSP Kalibo Branch

To all authorized agent banks in Roxas City and in the provinces of Capiz and Aklan, please be advised that the BSP branch in Kalibo is moving to its new home at Arnaldo Boulevard, Baybay, Roxas City.  Cash operations and other salient functions such as accepting deposits, supplying currency requirements and replacing unfit currency for …

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