Programs
Microenterprise Access to Banking Services (RBAP-MABS)
The Rural Bankers Association of the Philippines – Microenterprise Access to Banking Services (RBAP-MABS) program is an initiative designed to accelerate national economic transformation by encouraging the Philippine rural banking industry to significantly expand access to microfinance services. To do so, the RBAP-MABS Program assists member rural banks in the Philippines to increase the financial services they provide to the microenterprises, small farmers, and low-income households by providing microfinance technical assistance and training. Trained banks in turn develop and improve financial services – loans, deposits, money transfer services – specially tailored to microenterprises, small farmers, and low-income households. Under the program rural banks are encouraged and assisted to develop and offer new and innovative products and services such as micro-agri and micro-housing loans, to utilize technology such as mobile phone banking to lower costs and improve efficiency of their operations, and to work with partner insurance service providers to develop and offer appropriate micro-insurance products to their clients. Learn more >>
Mobile Phone Banking
Mobile phone banking offer other advantages for the bank: it improves transparency of financial transactions, helps control fraud, and reduces errors associated with cash transactions. Rural banks can also provide payroll processing services for small businesses enabling employees to receive their salaries via their mobile phone wallets. For the clients, using mobile phone banking turns their phone into a virtual ATM on the palm of their hands. Convenience and lower transaction costs are what the clients experience when they use their mobile phones and GCash to receive loans, make payments and deposits, withdraw funds from their deposit accounts, receive money from relatives and friends, and even buy and sell goods remotely. Learn more >>
Business Opportunities
RB Products and Services
Microfinance Loans and Deposits, Salary Loans, Agricultural Loans, Deposit Services, Payment of Bills, Remittances and other products/ services .
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