Senator Grace Poe will be a keynote speaker at the 62nd Annual Convention of the Rural Bankers Association of the Philippines (RBAP) May 18-19 at the Isla Ballroom of Edsa Shangri-La Manila.
Gracing the event also as keynote speakers, according to a statement, are Amando Tetangco Jr., governor of Bangko Sentral ng Pilipinas (BSP); and Gilda Pico, president of Land Bank of the Philippines.
The convention, with the theme “New Vision, One Direction, Stronger Organization,” highlights a collection of challenges that beset today’s rural banking industry as it passes through a crossroad of business advancement and the status quo.
The RBAP has assembled distinguished resource speakers–including experts from the BSP and the Philippine Deposit Insurance Corporation–to share their knowledge and raise the competency of rural banks as effective social and economic movers.
Among the topics to be discussed are Developments in Financial Inclusion, Opportunities of Asean Integration for Philippine Banks, SPRB Plus, Building an Effective Risk and Audit Management Framework for Rural Banks and Innovative Products and Services.
This year’s focus on creating a stronger organization indicates the industry’s commitment to contribute to national stability and progress.
Moreover, it shows that the industry, despite the challenges, has the fervor and dedication to fulfill its role as the champion of the poor.
With 2,500 head offices and branches scattered across the archipelago and experience in microfinance, rural banks offer the best and fastest solution toward financial inclusion, an integral component in the government’s goal of inclusive growth.
The rural banking industry has never stopped striving to keep up with times and it has succeeded in doing so for the last six decades.
Some might have ended their journey early, but 513 rural banks still remain solid at their feet.
As these banks go forward, they will not be alone as the RBAP commits to stand by them, and empower them to face tests that lie ahead.