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Letter to BSP re: Joint Venture Agreement of Banks

DRAFT

January 9, 2005

HON. NESTOR ESPENILLA
DEPUTY GOVERNOR
BANGKO SENTRAL NG PILIPINAS
MALATE, MANILA
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RBAP Salutes GREEN BANK: 25th Among Top 1000 Taxpayers

The Rural Bankers Association of the Philippines (RBAP) through the leadership of Mr. Senen D. Glorioso salutes the Rural Greenbank of Caraga, Inc. for hitting the 25th rank among the top 1000 Centennial taxpayers of the Philippines. Mr. Joseph Omar O. Andaya, President and Chairman of the Board of Green Bank received the Plaque of Recognition awarded by the Bureau of Internal Revenue.

The full story was published in one of the leading newspapers last Monday, January 10, 2005. Read more

Sagip-Tulong Relief and Medical Mission

I wish to report that your association conducted the relief and medical mission under RBAP SAGIP-TULONG FUND last Saturday, January 8. It was undertaken jointly with the Philippine Airforce arranged by our RBAP Vice President for Mindanao and President of RB of Cantillan, Inc. Gen. William K. Hotchkiss III (Ret.). PAF Civil Assistant Chief of Air Staff for Civil Military Affairs Operations Col. Artemio G. Orozco and Directorate for Civil Relation Deputy Col. Gregorio U. Untalan provided the M-35 truck to deliver 3 tons of relief materials to Infanta, Quezon.
The activity started at 2:30 am and returned to Manila by 9:30 pm of the same day. We coordinated the mission with Father Boy Macabenta, parish head of Infanta who allowed us to use the church and classrooms manned by seminarians and civil volunteers to repack rice and canned good items into plastic pails marked “Operation Sagip-Tulong”.

Simultaneously, SAGIP-TULONG medical corp of all-doctor volunteers from PAF Villamor Hospital led by Cpt. Dr. Zarina S. Sempio O – 129202 MC (PAF) provided treatment and prescribed antibiotics, anti-diarrhea, anti-respiratory capsules and syrup, vitamins and infection applications to more than 180 patients in a makeshift wing of the parish church amidst heavy downpour and unending mud layers covering everywhere.
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RBAP and QUEDANCOR Reinforce Mutual Cooperation

RBAP Pres. Senen D. Glorioso shakes hands with Quedancor President Nelson C. Buenaflor during the MOA Signing

A new Memorandum of Cooperation (MOC) between the Rural Bankers Association of the Philippines (RBAP) and Quedan and Rural Credit Guarantee Corporation (QUEDANCOR) was crafted in order to deliver appropriate credit support services to the rural populace. Signed on December 15, 2004, the MOC aims to establish a functional mechanism that can collate, evaluate and effectively address the specific concerns of rural banks in areas where Quedancor operates and recommend positive steps for mutual benefits. Read more

ADB Recognizes RBs Help to OFWs

The Rural Bankers Association of the Philippines represented by its President, Mr. Senen D. Glorioso participated on the ADB conference as one of the panelists on REMITTANCES AS A DEVELOPMENT TOOL. He recounted the “Role of Rural Banks as Microfinance Institutions in Remittances.” Read more