DEADLINE TO SUBMIT REGISTRATION: Feb 22, 2018.
makers on their credit evaluation analysis.
• Draw intelligent conclusions on the results of financial performance.
General Accounting concepts and principles relevant to financial analysis.
Critical areas in evaluating financial statements.
Red flags/Danger signs and how to recognize them.
Financial Statements and their relationships through spreadsheet exercises.
Business Case and Application of Financial Statement Review and analysis.
Flag-carrier Philippine Airlines slashed its fares by 10% for member rural banks of the Rural Bankers Association of the Philippines (RBAP) in time for the 56th Charter Anniversary Symposium, which will be held on November 11-12, 2013 at the Polkabal-Rigodon Hall of the Manila Hotel.
Book within October 14-31, 2013 to avail of PAL’s special 10% discounted rate on base fare of Regular Economy class.
1. To be eligible, traveler must be a participant of the RBAP Symposium and their respective travel companion/s.
2. Travel companion/s to travel at least one (1) flight with the delegate. Tickets must be purchased at the same time with the same routing as the delegate.
3. 10% discounted rate is exclusive of YQ, ASF, TSC, DPSC and 12% VAT for PR-operated and PR-2P codeshare flights.
4. Other fare discounts are not applicable such as Student, Senior Citizen, PWD, Military, Infant occupying a seat. Senior citizens, however, are VAT-exempted.
5. Valid for sale in the Philippines at any PR or 2P City and Airport Ticket Offices only.
7. Normal FBA and Mileage Accrual applies.
Thank you and we are looking forward to seeing you on the Symposium!
The PLDT SME-Nation, in partnership with Go Negosyo, once again seeks to recognize the country’s leading entrepreneurs in this year’s search for the new Champions of Filipino Values in Business.
They are looking for fine Filipinos who continuously work hard by tapping skill, talent and technology in order to succeed in their respective business ventures. The contest is open to owners of Small and Medium Enterprises and homegrown Filipino businesses that have been in operation for at least 5 years.
3. Essay answering the questions above.
Kindly submit completed application forms thru email at mvpbossingawards@pldt.com.ph, at Go Negosyo offices or PLDT SME Nation Offices. You may likewise submit the nomination forms thru your PLDT SME Nation Account Officers.
The Rural Bankers Association of the Philippines will hold its 56th Charter Anniversary Symposium on November 11-12, 2013 (Monday & Tuesday) at the Polkabal – Rigodon Hall, Manila Hotel.
The Symposium theme “RURAL BANKING: REINVENTING ITSELF FOR INCREASED RELEVANCE TO STAKEHOLDERS”, highlights the challenges of our industry in ensuring long-term sustainability. It focuses us to examine the continued viability of rural banking to its owners, its clients, to regulators and to the communities.
For this national gathering, we have invited resource speakers from various fields to provide an interactive assembly with workshops that will update on the progress, opportunities and challenges encountered by the rural banks.
The participants are encouraged to interact and reflect on the industry’s concerns, status and possible paradigms shifts in rural banking to establish a more effective banking system in the smaller communities.
As part of our commitment with the Bangko Sentral ng Pilipinas (BSP), we would like to remind you of the submission of deposit interest rates for the Third Quarter of 2013.
The deadline for the submission of the Third Quarter Deposit Interest Rates is on October 7, 2013 (Monday). Kindly see attached file for the prescribed format.
We hope for everyone’s cooperation on the matter.
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.
After the euphoria brought about by the passage of RA 10574, we should put into perspective the status of the rural banking industry in providing for the needs of its clientele, to see the possible effects of foreign investments in the industry.
Before the law was passed, only foreign banks are allowed to acquire equity in rural banks. Foreign individuals or entities are prohibited from doing the same.
It is true that foreign investments will not pour in to the coffers of rural banks overnight. However, the thought of allowing foreign capital infusion in rural banks is just a small step that will pave way for the much-needed push for the industry. In the same way that it will also aid in the overall development of the countryside by creating an environment beneficial to foreign and local investors alike and encourage more borrowing activities from rural bank clients to finance their respective enterprises.
Based on the “2012 Status Report of the Philippine Financial System” of the Bangko Sentral ng Pilipinas (BSP), the rural banking industry continues to report gains from its core lending activities. In March 2012, it has posted a total loan portfolio of P110.70 billion, higher by 4.2 percent (P4.5 billion) in 2011.
The agricultural, hunting and fishery sector is still the main recipient of loans from the rural banks. In compliance with RA 6977, or the Magna Carta for Small Enterprises, as amended by RA 8289 and 9501, a total of P11.70 billion has been set aside by the rural banking industry for micro, small and medium enterprises credit. According to the same BSP report, rural banks exceeded the statutory floors of 8 percent for micro and small enterprises, and 2 percent for medium enterprises at P8.2 billion and P3.5 billion, respectively.
With the potential financial backing provided by foreign investors, these small achievements can be replicated to even likely register a double-digit growth rate in loan portfolio, which in effect places rural banks in a better position to serve rural areas especially amid the prognosis of a robust economic growth this year.
For 2013, financial analysts see the Philippine economy growing by 7 percent, mainly attributed to sound policy developments and economic fundamentals, which provide investors with a solid foundation for confidence in the Philippines.
As economic activities flourish, borrowings will also perk up, helping both the client and more significantly, the entire rural banking industry.
slot, and wait for RBAP-RBRDFI acknowledgement on such reservation.
2.	Deadline for submission of registration is not later that May 24, 2013.
a)	10 days prior the seminar date is entitled for a full refund.
coordinate with RBRDFI staff for refund procedures and requirements.
operations resulting from events beyond the organization’s control.
his/her unit by a hands on plan creation activity.