Pumping fresh capital to rural banks

With the law allowing the infusion of foreign equity in rural banks now in place as embodied in Republic Act (RA) 10574, it is expected that foreign investors will start fostering partnerships with local industry players to fuel new investments to boost economic growth in the countryside. In the next months, financial strategies shall be planned, discussed and finalized.

The rural banking industry nowadays is comparable to top-rated stocks in the stock market, where share prices will go through the roof due to the rush of excitement among industry players. Anticipation will drive investors into buying shares, at least for the short term.