BAIPHIL Trading and Development Week

The Bangko Sentral ng Pilipinas is calling all banks to support the Bankers Institute of the Philippines’  Trading and Development Week, from March 12-17.    This week long celebration is deemed significant as banks “shall recognize the importance of continuous productivity enhancement “.

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Revised compliance framework for all banks

The BSP has just released Circular 747, amending the entirety of Section X180 of the Compliance System under the Manual of Regulations for Banks. These revisions were approved by the Monetary Board in its resolution signed on the 20th of January 20, 2012.

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Amendments on exemptions granted to small and micro-enterprises

This is to notify all rural banks concerned of the amendments on subsection X304.1 of the Manual of Regulations for Banks, with respect to the extension of submission granted to micro and small enterprises.  As stipulated:

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Big boost to rural development initiative

Check out the latest Manila Times article on RBAP.  Visit the site here:

http://www.manilatimes.net/index.php/business/top-business-news/16272-big-boost-to-rural-development-initiative

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RBAP official pays courtesy call to Senator Marcos

Senator Ferdinand Bongbong Marcos with RBAP officials led by Executive Director Vicente MendozaThe Rural Bankers Association of the Philippines, led by Executive Director Vicente Mendoza recently paid a courtesy call to Senator Ferdinand Marcos to request for sponsorship of a senate bill, amending foreign equity ceilings in rural banks.

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January highlights in pictures

Consultation with PDIC

PDIC President Valentin Araneta with RBAP Directors and Trustees

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News Compendium on Storify

For the latest compilation of trending topics on innovative projects and activities benefiting rural banks worldwide, follow RBAP on Storify.

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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.

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2012 Annual Management Conference of Southern Tagalog Confederation

This to to notify all concerned Rural Bankers in the Southern Tagalog area of the upcoming Annual Management Conference, which will be held in Paoay at the Plaza del Norte Hotel and Convention Center from March 1-2, 2012.  This   year’s conference theme is ”Overcoming the Challenges.” Special guests include Congresswoman Imee Marcos and Ma. Dolores Yuvienco, Assistant Governor of the BSP.

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2012 Visayas Management Course in Cebu City

This is to notify all rural banks in the Visayas that the upcoming Management Course will be held from March 15 to 16 at the Waterfront Hotel in Lahug Cebu City.   “Good Governance: a continuing challenge for rural banks” is this year’s conference theme.

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Deposits up in Q3 2011

Another good showing for the rural banking industry as the Philippine Deposit Insurance Corporation (PDIC) reports a significant increase in the total level of deposits. As of third quarter in 2011, total deposits in RBs increased by 4.1% from P119.5 billion to P124.4 billion.

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RBAP delegation pays courtesy call to Sec. Alcala

RBAP officials with DA Secretary Alcala

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RBAP supports restoration campaign

RBAP-RBRDFI Directors and Trustees

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Circular letter No. 2012-08 on Resolution No. 83 of the Anti-Money Laundering Council

This is to inform everyone of RN 83, detailing the decisions and recommendations authorized by the Anti-Money Laundering Council.  Stipulated in said document are the following:

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