• RBAP marks charter anniversary with symposium

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    THE Rural Bankers Association of the Philippines (RBAP) will be holding its 58th charter anniversary symposium from November 9 to 10, 2015 at the Manila Marriott Hotel.

    The two-day symposium, with the theme, “Rural Banks: Financial Accessibility in the Countryside,” will highlight the association’s vision to achieve a stable, sound and market-based financial system that supports the efficient mobilization and allocation of resources particularly in the countryside.

    It also recognizes the need to realize sustainable growth and ultimately reduce if not eliminate poverty altogether.

    Through the symposium, the RBAP aims to facilitate knowledge-sharing and capacity-building among member-rural banks on practical strategies for them to further enhance present banking system and procedures.

    The association has invited distinguished resource speakers—including experts from the Bangko Sentral ng Pilipinas, Philippine Deposit Insurance Corp., the World Bank, PAGASA, and Department of Agriculture, among others—to share their knowledge to help improve the competency of rural banks as effective social and economic movers.

    Among the topics to be discussed are recent BSP circulars affecting rural banks, the El Niño phenomenon, and the state of financial inclusion in the country.

    Given the current financial landscape and the country’s initiative toward nationwide financial inclusion, it is timely for the more than 500 rural banks in the Philippines today to discuss pressing concerns that affect the industry and communities.

    For over six decades, the rural banking industry has been resilient amid struggles and risks. And it will remain steadfast and committed to its mandate of serving the rural communities through the following decades.

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