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OF LIs, FCs and PAWNSHOPS
Source: Central Banker, A Publication of the Bangko Sentral ng Pilipinas Sept.-October 2004 Vol. II Nos. 9 and 10
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2010 VISION
“By 2010, RBAP shall be recognized as an institution known for its strong organization, full service, and as an advocacy and information and communication center for community banking in Asia.”
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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.
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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.”
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Food security and agriculture productivity is a perennial concern of the government due to its on-going offensive against poverty. The annual output of rice and corn, being the country's staple food, is regularly monitored by the Department of Agriculture (DA) through the Sub-Committee on Cereals (SCC). The SCC is composed of different DA Bureau, input suppliers (machinery, fertilizers, etc.), financial institutions, farmer organizations and other government entities mandated to ensure the availability of food supply. It regularly meets to discuss food security issues, monitor production and bottleneck areas, and formulate action plans to resolve problems arising from their areas of concern.
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