Supervision and Examination Sector Centralized Supervisory Support Sub-Sector and Supervision and Ex

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Circular Letter to All Rural Banks and Cooperative Banks Series of 2008

The Bangko Sentral ng Pilipinas Institute, the training arm of the Bangko Sentral ng Pilipinas, is announcing the 2008 offerings of the Basic Rural Banking Course:

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  • To be hosted by the Bangko Sentral ng Pilipinas

The conduct of the BRBC at the BSP Institute is free of charge. As host, BSPI is responsible for the training facilities, honoraria of resource persons, supplies and reproduction of instructional materials to be distributed to the participants. However, the participating rural/cooperative banks shall shoulder the transportation, accommodation, meals and other allowable expenses related to the attendance of their representative/s.

  • Co-hosting scheme

Under this scheme, the course is conducted by the BSPI in the regions through the Rural Banks’ Federations. The Federation, as co-host shall bear the expenses relevant to the venue, supplies, reproduction of instructional materials, honoraria and board and lodging of resource persons and of the coordinator. On the other hand, BSP shall shoulder the transportation costs of the resource persons and coordinator.
Host federations shall ensure that the venue for training is conducive to learning (spacious, clean, well-ventilated) and accommodation is very appropriate for invited speakers and coordinator.
Rural/Cooperative Bank Federations interested to co-host with BSP Institute an offering of the BRBC in their areas are advised to inform the BSP Institute immediately.

MA. DOLORES B. YUVIENCO
Assistant Governor