President’s Corner

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 …

RBAP supports restoration campaign Read More »

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 …

Revised Rules on offenses, fines, and procedure in Administrative Investigations Read More »

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 …

Support for foreign equity in RBs featured in the Philippine Star Read More »

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 …

Amendments in the types of MI Loans Read More »

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 …

RBAP-MABS achievements highlighted in International Study Tour Read More »

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 …

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

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 …

Updates on Misamis Bank, Inc., A Rural Bank Read More »

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 …

National Banking Week 2012 Read More »

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=” …

Yuletide Greetings from RBAP Read More »

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 …

Transfer of BSP Kalibo Branch Read More »

RBAP-RBRDFI in Brazil for the 2011 Microinsurance Conference

November is showing promising results for RBAP. First, more than 400 Rural Bankers attended its anniversary symposium at the historic Manila Hotel; second, representatives of the association, for the first time, successfully joined an international gathering promoting microinsurance (MI) in developing and emerging markets. Supported by the International Labour Organization (ILO), Ms. Ruth Aseron of …

RBAP-RBRDFI in Brazil for the 2011 Microinsurance Conference Read More »