SCHEDULE

Date: Sept. 09-10, 2015 (Wed.- Thu.)
Venue: Gov. Licaros Hall, RBAP, Intramuros,
Time: 8:30am to 5:00pm

RESOURCE PERSON
Mr. Remigio Tito C. Tirones – Bank Sr. Officer in Product Dev, Marketing, Remedial Mgmnt & SME Consultant/Trainer

Mr. Fernando N. Delos Santos – Bank Sr. Officer in Credit Policy,
Administration and Operations & SME Consultant/Trainer

SEMINAR FEE
1. For Member only
a. Early bird – P4,500 (on or before Aug 14)
b. Regular Rate – P4,800 (After Aug 14)

2. Non-Member/Delinquent –P5,520

MODE OF PAYMENT
Check payable to:

Rural Bankers Research & Development Foundation Inc.

Non-Refundable commitment fee of P2,400.00 per participant.

Bank: LBP – Intramuros, Branch
Account Name: RBRDFI
SA No. 0012-1046-26.
Telefax (02) 527-2969 /527-2980

EXPECTED PARTICIPANTS
Compliance Officer, Internal Auditor, Loan Officer, Credit Risk Officer, Risk Management Committee –Director, President, Branch Managers

I. Objectives

A. To discuss recent BSP Circulars (Cir. 827,837,840,854 and 855) and their implications to the rural banks current practice. To show the specific processes/systems within the rural banks which may be affected with the aforementioned circulars.

B. To provide step by step guidelines on how to perform gap analysis on specific parameters with a sample template for practical use as final output in compliance to BSP requirements.

C. To recommend appropriate measures and systems to be implemented once specific gaps have been established or determined based on the exercise to form as basis for the action plans required from rural banks.

Course Outline
➢ Discussion of recent BSP Circulars
1. Salient features of a sound Credit Risk Management System
(Cir 855)
2. Discussion of the amendments to the Risk Based Capital Adequacy Framework (Cir 827)
3. Discussion of the amendments to policies on salary (Cir 837)
4. Minimum capitalization of Banks (Cir 854)
5. Discussion on the amendments on the qualifications of a Director (Cir 840)

➢ B. Workshop on GAP ANALYSIS and ACTION PLAN Preparation Participants to assess their individual banks based on template to be provided.
➢ C. Enumerate Board Responsibility in promoting a sound credit risk environment targets, target market and loan and deposit products

2.Importance of having the following readily available reports:
Portfolio mix in terms of security, industry, limits or ceilings set by management Stress Testing Impairment-individual and collective Loan loss provision

➢ D. Sanctions/penalties for non compliance
Monetary sanctions
Equity Infusion
PCA
Cease and desist order (CDO)

➢ E. Summarize reports on GAP Analysis and assist in the
development of ACTION Plan

Download the Confirmation Sheet in PDF

SCHEDULE

Date: Sept. 18-19, 2015 (Friday-Saturday)
Venue: Gov. Licaros Hall, RBAP, Intramuros,
Time: 8:30am to 5:00pm

RESOURCE PERSON
Ms. Maria Julma M. Jongco
– Financial Services Advisor/Consultant –(Bank, Insurance & SME), Trainer

SEMINAR FEE
1. For Member only
a. Early bird – P4,500 (on or before Aug 20)
b. Regular Rate – P4,800 (After Aug 20)

2. Non-Member/Delinquent – P5,520

MODE OF PAYMENT
Check payable to:

Rural Bankers Research & Development Foundation Inc.

Non-Refundable commitment fee of P2,400.00 per participant.

Bank: LBP – Intramuros, Branch
Account Name: RBRDFI
SA No. 0012-1046-26.
Telefax (02) 527-2969 /527-2980

EXPECTED PARTICIPANTS
Marketing & Business Dev. Officer, Loan Officers, Account Officers, Remedial & Credit Officers, Branch Managers

DEADLINE TO SUBMIT
REGISTRATION: September 14, 2015.

Course Objectives
• Understand the lending process cycle
• Identify relevant criteria to assess credit worthiness
• Provide theoretical basis for credit principles and process
• Develop the appropriate loan package based on actual, identified, and cash flow analysis.
• Perform Credit Analysis in reviewing financial statements.
• Use a common spreadsheet format in analyzing financial statements

Methodologies
The course will be discussed in the point of view of lenders/account officers and decision makers.We will use a combination of lecture and workshops. There will be a short lecture, exercises on account profitability analysis, financial spreadsheet and financial and cash flow analysis. Writing a credit proposal.
• Laptop and calculator
• Sample loan approval ***

Course Outline

DAY 1
➢ Settling the Lending Criteria and eligibility requirements.
➢ Overview of BSP relevant circulars pertaining to credit evaluation.
➢ Guidelines in prescreening the borrower and know the essential information needed.
➢ Credit Principles
➢ Determination of working capital and project cost estimate.
➢ Lending process flow overview
➢ Types of Credit Facilities
➢ Amortization schedule
➢ Discount versus in arrears interest
DAY 2
a. Account Profitability Analysis
b. Collateral evaluation
c. Financial analysis and cash flow
d. Relevant Ratios
e. Understanding the spreadsheet
f. Standard Line Wording
g. Credit Proposal Format
h. Actual Credit Proposal preparation
for selected accounts.
Summary
• Stress the importance of having credit policies, procedures and credit risk management system in place.
• Highlighting the BOD role and responsibilities
• Advises FI to perform GAP Analysis as required by BSP Cir. 855

Download the Confirmation Sheet in PDF

Under Circular Letter No. CL-2015-044, the Bangko Sentral ng Pilipinas (BSP) highly enjoins banks, their head office and branches, to show the savings videos provided by the BSP in their TV screens and monitors (if these are available within HO and branch premises) for a duration of six months, in support to the consumer protection and education advocacies of the BSP.

The savings videos is part of the “Protect Your Money” (PYM) campaign of the Consumer Protection and Education Committee (CPEC) of the Financial Sector Forum (FSF) which includes the BSP as a member.

Links of said videos are as follows:
 Live Simply, Save Early: https://www.youtube.com/watch?v=DWsYdnFFh-4
 Live Within Your Means, Live Life to the Fullest: https://www.youtube.com/watch?v=ZdIPZN1LWVY
 Be a Wise Saver: https://www.youtube.com/watch?v=B5SfyVVMhkw

To download a copy of this circular in PDF format, please click on this link: http://rbap.org/wp-content/uploads/2015/07/cl044.pdf

FOR : ALL PARTICIPATING RURAL BANKS

SUBJECT : BASIC COURSE ON CORPORATE GOVERNANCE FOR BANK DIRECTORS

The Rural Bankers Association of the Philippines (RBAP), through the Rural Bankers’ Research and Development Foundation, Inc. (RBRDFI) is pleased to announce that it will conduct the seminar-workshop described below as part of its continuing strategy to strengthen the rural banking industry:

Date and Duration

September 02-03, 2015 (Wednesday -Thursday) 2 days (8:30AM-5:00PM)

Training Venue
Gov. Licaros Hall, RBAP Bdlg., A. Soriano Ave. cor. Arzobispo, St., Intramuros, Manila

Pursuant to the following BSP Circulars
a) Cir. No. 296 prescribing the minimum qualifications of a bank director, a director ‘must have attended a special seminar for board of directors conducted or accredited by BSP…That incumbent directors as well as those who will be elected…must attend said seminar within a period of six (6) months…from the date of their election,

b) Circulars No. 749 and 757 sets new guidelines in strengthening the Corporate Governance in Financial Institutions”.

Registration Fee
a) For Members Only
Early bird rate of Five Thousand Two Hundred Pesos only (P5, 200.00)/ per registrant on or before August 14, 2015

b) Five Thousand Eight Hundred Pesos only (P5, 800.00)/ per registrant after August 14, 2015.

c) Six Thousand Nine Hundred Sixty Pesos only (P6, 960.00).♣
Non-member rural banks. To avail of the regular registration fee,
non-member banks are encouraged to apply for membership with RBAP/RBRDFI.

Please call RBAP for details.

Training Policies:

1. Before you deposit the registration fees, book your ticket (airline) and secure accommodations, confirm first with RBAP-RBRDFI your training slot, and wait for RBAP-RBRDFI acknowledgement on such reservation.

RBAP-RBRDFI will not be liable for any damage caused by unconfirmed reservation(s). Likewise, once training is FULL, RBAP-RBRDFI has the right to refuse participation or reimbursement on any damage brought by unconfirmed reservations.

2. Deadline for submission of registration is not later that August 28, 2015.

3. A Non-Refundable commitment fee of P2, 900.00 per participant. Payments can be remitted to the Rural Bankers Research and Development Foundation, Inc. bank account (Land Bank of the Philippines – Intramuros Branch Savings Account Number 0012-1046-26). Proof of payment (i.e., deposit
slip) should be sent immediately verification at (02) 527-2980. Check payments, should be payable to Rural Bankers Research and Development Foundation, Inc. (RBRDFI)

4. Reservation via telephone conversation is accepted. However,
Registration Form and fee must be settled 10 days prior the seminar date or August 20, 2015. Otherwise, reservation is considered cancelled.

5. Cancellation Policy: –
a) 10 days prior the seminar date is entitled for a full refund. *Regular Rate only
b) 3 days prior to the seminar date is entitled for a half refund *
Regular Rate only
c) Participants who have paid but failed to show up for the seminar will only be entitled to a rebate of 50% of the total registration fee. (Regular Rate only)
d) For special cases (health, accident etc.), kindly coordinate with
RBRDFI staff for refund procedures and requirements.

Please note that this is a live-out seminar.

Thank you very much.

Download the Confirmation Sheet in PDF

AMLA Seminar: Briefing on BSP Cir.706 Updated AML Rules and Regulations

Date: Sept. 23, 2015 (Wednesday)
Venue: Gov. Licaros Hall, RBAP Bldg, Intramuros, Manila
Time: 8:30am to 5:00pm

Resource Persons:
Mr. Heinz Ryan H. Espinosa – BO IV and Mr. Joel Joemel D. Santos –BO III
AMLSG , Banko Sentral ng Pilipinas

Seminar Fee:

1. Early bird – P1,900 (on or before Sept. 04)
2. Regular Rate – P2,300 (After Sept 04, 2015)
3. Non-Member/Delinquent – P2,760

MODE OF PAYMENT
Check payable to:

Rural Bankers Research & Development Foundation Inc.

Non-Refundable commitment fee
of P1,500.00 per participant.

Bank: LBP – Intramuros, Branch
Account Name: RBRDFI
SA No. 0012-1046-26.
Telefax (02) 527-2969 /527-2980

Training Policies:

Reserve first with RBAP-RBRDFI your training slot, and wait for
RBAP-RBRDFI confirmation of your reservation. Thereafter, you may deposit the Registration Fees, book ticket (airline) and secure accommodations. RBAP-RBRDFI will not be responsible for any damage caused by unconfirmed reservation (s).

Likewise, once training is FULL, RBAP-RBRDFI has the right to refuse participation or reimbursement on any damage brought by unconfirmed reservations.

Deadline for submission of registration is not later that September 18, 2015.

1. Reservation via telephone conversation is accepted. However,
Registration Form and fee must be settled 10 days prior the seminar date or September 10, 2015. Otherwise, reservation is considered cancelled.

2. Cancellation Policy: – This will apply to non-subsidized training fee.
a) 10 days prior the seminar date is entitled for a full refund. *Regular Rate only

b) 3 days prior to the seminar date is entitled for a half refund *
Regular Rate only

c) Participants who have paid but failed to show up for the seminar will only be entitled to a rebate of 50% of the total registration fee. (Regular Rate only)

d) For special cases (health, accident etc.), kindly coordinate with
RBRDFI staff for refund procedures and requirements.

Seminar Methodologies

Lecture and Discussions

Expected Participants

President, Directors, Compliance Officer, Internal Auditors, Managers, Tellers, Loan Officers

Course Outline
I. Review of Highlights of Circular No. 706
II. Background on the amendments
III. Amendments to Circular No. 706
IV. AML Risk Rating System
V. Question and Answer

Download the Confirmation Sheet in PDF

06 August 2015

TO: All Rural Banks
SUBJECT: Revised Effectivity Date of the Financial Reporting Package (FRP) & Other Related Reports

Dear Rural Bankers,

Attached for your guidance is Memorandum No. M-2015-028 dated 31 July 2015 on the Revised Effectivity Date of the Financial Reporting Package (FRP) and Other Related Reports in Relation to Recently Issued Regulations for all Banks/Trust Institutions/Non-Stock Savings and Loans Associations and Financing Companies and Investment Houses under BSP Supervision.

The effectivity date for the maiden submission using the enhanced data entry reporting templates is hereby moved from reporting period ending June 2015 to reporting period ending September 2015. The dissemination of the data entry reporting templates shall be covered by a separate issuance.

The Memorandum is also posted in BSP’s website at http://www.bsp.gov.ph/downloads/regulations/attachments/2015/m028.pdf and can also be accessed via the RBAP website at m028

Thank you.

Very truly yours,

(SGD)
VICENTE R. MENDOZA
Executive Director

Date: Aug. 28-29, 2015 (Fri-Sat.)
Venue: Gov. Licaros Hall, RBAP, Intramuros,
Time: 8:30am to 5:00pm
RESOURCE PERSON
MR. GIL M. SORITA, CPA, CIA,CISA, MBA
Bank Executive Officer, Accredited External Quality Assurance Validator for Internal Audit Activity

SEMINAR FEE
1. For Member only
a. Early bird – P4,500 (on or before August 07)
b. Regular Rate – P4,800 (After August 07)

2. Non-Member/Delinquent – P5,520

MODE OF PAYMENT
Check payable to:

Rural Bankers Research & Development Foundation Inc.

Non-Refundable commitment fee of P2,400.00 per participant.

Bank: LBP – Intramuros, Branch
Account Name: RBRDFI
SA No. 0012-1046-26.
Telefax (02) 527-2969 /527-2980

EXPECTED PARTICIPANTS
Compliance Officer, Internal Auditor, Risk Management Manager, Credit Risk Officer, Risk Management Committee –Director, President, Branch Managers

DEADLINE TO SUBMIT  REGISTRATION: August 24, 2015.

I. Objectives

This seminar-workshop aims to help participants understand the role of internal audit function in the Bank and how to implement, manage and benefit from risk based auditing methodology.

At the end of the seminar –workshop, it is expected that the participants:
• Appreciate the rationale of adopting of risk-based internal audit
methodology
• Understand the requirements of the BSP on internal audit function
• Understand the International Professional Practice Framework on Internal Auditing
• Recognize the role of internal audit in corporate governance, risk management and controls
• Comprehend the Internal Control Framework
• Understand the process of developing and implementing a risk-based internal audit methodology
Requirements:
1) Laptop
2) Prior to the attendance to the seminar-works, the participants are expected to have studied/read the following documents pertaining to their Bank, to wit:
➢ Strategic Plans and Programs
➢ Mission/Vision Statement (if any)
➢ Organizational Structure
➢ Manual of Operation
➢ Latest BSP Results of Examination
➢ Latest Audited Financial Statement

Course Outline

➢ Why adopt risk-based audit methodology?
➢ What is a risk-based audit methodology?
➢ International Professional Practice Framework on Internal
Auditing (Definition, Code of Ethics, Intl. Standard Professional Practice on Internal Auditing)
➢ BSP’s requirement on Internal Audit Function vis-à-vis Nature of Work of Internal Audit Activity based on ISPPIA
➢ Governance, risk management and controls
➢ COSO Internal Control Framework
➢ Strategic Planning
➢ Engagement Planning
➢ Performing the Engagement
➢ Communicating Results
➢ Monitoring Progress

Download the Confirmation Sheet in PDF

BSP tightens guidelines on deposits, securities investments

MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) has imposed stricter guidelines on the funds received from customers for securities investments and deposits to boost efforts in protecting the welfare of financial consumers.

The BSP has directed banks to segregate the funds of customers received under a securities brokering arrangement from deposit taking activities.

As such, a new account in the books of banks called “broker customer account” would have to be introduced by the banks.

The “broker customer account” makes clear that funds recorded under this item are not to be classified as “deposits.”

“They are transactional in nature because there is an instruction to use them to purchase securities,” the BSP said in a statement.

In this context, the “broker customer account” would not be subject to bank reserve requirements and would not be covered by the Philippine Deposit Insurance Corp. (PDIC).

Under the prior practice, banks would book as deposits the money they receive from clients who wish to purchase securities. The bank is acting as a securities broker for the client under this transaction.

Securities brokering is performed when a bank specifically licensed as a broker facilitates the buying and selling of financial securities between a buyer and a seller.

In this capacity, the bank is acting as an agent of the customer rather than a receiver of funds for the purpose of deposit taking.

Starting October, broker banks are required to submit a monthly report of their weekly balances of securities and cash that they received from their customers.

“The guidelines are consistent with the thrust of the BSP to align the reporting system with international standards and to protect the welfare of financial consumers,” the central bank said.

As a step toward the segregation of banking activities from other business activities, the current Financial Reporting Package of the BSP was also amended to make room for the reporting of the extent of securities brokering transactions of its supervised financial institutions.

The BSP raised the reserve requirement for universal and commercial banks to 20 percent in May last year to mop up excess liquidity in the system, tempering domestic demand and easing price pressures.

BSP has kept key policy rates unchanged since September last year. The overnight borrowing rate is pegged at four percent while the overnight lending rate is at six percent.

Source: http://www.abs-cbnnews.com/business/08/12/15/bsp-tightens-guidelines-deposits-securities-investments

Dear Rural Bankers,

Under Presidential Proclamation Order No. 362 dated August 24, 2000, the last week of August of each year is declared as “Rural Banking Consciousness Week”.

In celebration of its 63rd year, all member-rural banks are encouraged to display a streamer outside their main offices and/or branches to commemorate this milestone from August 24-30, 2015 with the theme: “Rural Banks: Building a Robust Local Economy”.

Attached is a streamer, which measures 3 ft. x 7 ft., for your reference which you may download here.

Thank you and we look forward to your active participation.

Date: Oct. 01 – 02, 2015 (Thu-Fri)
Venue: Gov. Licaros Hall, RBAP Bldg, Intramuros, Manila
Time: 8:30am to 5:00pm

Resource Person:
Ms. Celenita V. Francisco , CPA
Bank Executive (Credit Risk Officer),
Bank Consultant and Trainer

Seminar Fee:
Member Only
1. Early bird – P4,500 (on or before September 11, 2015)
2. Regular Rate – P4,800 (After September 11, 2015)
Non-Member/Delinquent – P5,760
Mode of Payment
•P2,400.00 – Non-Refundable commitment fee per participant.
•Account Name RBRDFI
LBP – Intramuros Branch
•Savings Account No. 0012-1046-26).
•Proof of payment fax to (02) 527-2980.
•Check payments, should be payable to (RBRDFI).

Deadline for submission of registration is not later that September 28, 2015.

Seminar Methodologies

Lecture, Discussions and Workshop. The lecture will provide the requisite concepts on the topic while the workshop will provide an avenue to apply the concepts learned.

Expected Participants

President, BOD members, Senior & Middle Level Officers, Credit and Loans Head and Appraisal Department Heads and Business Loan/Business Development Officer.

I. Objectives
A. Exposures are appropriately identified, measured, monitored and controlled
B. To enhance the competency of loan officers in evaluating SME/ business loans by Introducing Internal Credit Risk Rating System using CAMP Analysis of Borrowers Risk Rating and Facility Risk Rating (FRR).

C. To provide tools of credit risk management of banks by demonstrating a sample of BRR scorecard applicable to rice production and Credit Risk Rating Scorecard applicable to other loans/borrowers in order comply with risk-based regulatory supervision by BSP.

D. To guide participants on how to “institutionalize” the use of the Borrower Risk Rating and the Credit Risk Rating Systems in their respective banks and to provide instruction on how to prepare a User’s Manual.

Course Outline

Part 1 – To inform the participants of what are the relevant regulations that will impact:
• the credit risk management of rural banks
• current practices of banks which are anathema to credit risk management
• what banks are doing to improve credit risk management;
• and what BSP expects from rural banks.

Part 2 – To introduce the CAMP Analysis of the Borrower Risk Rating System and the Facility Risk Rating System which is a scorecard applicable to SME businesses with at least 3 years
existence and have financial statements for three (3) consecutive years.

a) What is Borrower Risk Rating (BRR)?
b)What is Facility Risk Rating?
c)What is CAMP Analysis?
d)Requirements to use BRR effectively.
e)Skills required evaluating loans using CAMP

Analysis. (Working knowledge of Financial Statements and Financial Analysis, Interview Techniques to gather financial information and Validation of Financial Information and Performance).

– There will be cases, which will allow participants to experience rating a borrower using CAMP Analysis.
-Based on the CAMP Analysis, a demonstration on how the BRR scorecard could be used in evaluating rice production projects/applications

Part 3 – To share a sample Credit Risk Rating (CRR) Scorecard using 3 C’s of Credit (Character, Capital and Capacity) to assess credit risk. Each rating parameter will be explained.

Concepts on the 5 C’s of Credit will be discussed. It has been observed that the CRR Scorecard has a wider applicability and use for most target clients of RBs.

Using a case study, participants will actually rate a borrower using the CRR

Part 4 –To give practical instruction on what are the steps in
“Institutionalizing an Internal Credit Risk Rating System” in a rural bank. This will involve creating an environment conducive to credit risk management starting from the Board: an organization responsive to a sound credit risk management; a sound credit granting process, maintenance of an appropriate
credit administration, measurement and monitoring process; and maintaining an appropriate credit control process.

To guide participants in developing a User’s Manual for the BRR and the CRR Scorecards. BSP examiners require a User’s Manual before it considers a borrower’s/credit risk rating scorecard acceptable.

Download the Confirmation Sheet in PDF

RB Goa bags Land Bank of the Philippines’ Gawad CFI 2015 Hall of Fame Award

Card Bank, Inc. ranked 1st place and received a Special Award for Agri-Agra Loans for the Rural Bank Category

Gateway Rural Bank, Inc. received a Special Award as Best CFI Intermediary – Lowest Pass-On Rate

Cooperative Bank of Cotabato wins the Co-op Bank Category

Date: Oct. 23-24, 2015 (Friday-Saturday)
Venue: Gov. Licaros Hall, RBAP, Intramuros, Manila
Time: 8:30am to 5:00pm
Resource Person:
MR. GIL M. SORITA, CPA, CIA,CISA, MBA
Bank Executive Officer –LBP, Accredited External Quality Assurance Validator for Internal Audit Activity

Seminar Fee:
MEMBER ONLY
1. Early bird – P4, 500 (on or before Oct. 02, 2015)
2. Regular Rate – P4, 800 (After Oct. 16, 2015)

Mode of Payment

•A Non-Refundable commitment fee of P2,400.00 per participant.
•Bank account (LBP – Intramuros Branch Savings Account Number 0012-1046-26).
•Proof of payment fax to (02) 527-2980.
•Check payments, should be payable to (RBRDFI).

Seminar Methodologies

Lecture, Discussions and Practical Activities / Simulations. The lecture provides practical concepts.

Expected Participants

Internal Auditor, Bookkeeper, Compliance Officer, Risk Management Committee –Director, President, Branch Managers

I. Objectives
1) To recognize and emphasize the importance of control points/processes.
a. Learn practical applications of audit and internal control
procedures.
b. Identify and be able to implement key infrastructure policies,
procedures and processes.
2)To meet BSP’s expectation on bank’s internal audit department
3)To complement risk based auditing

COURSE OUTLINE

Overview of the principles
➢ A. BSP expectations relevant to the internal audit function
1. The internal audit function (BSP 499 s.2005)
2. Key features of the internal audit function
3. Qualification Standards of the Internal Auditor
4. Scope of activity
5. Corporate governance considerations
6. The internal audit charter
➢ B. International Standards for the Professional Practice of
Internal Auditing (Standards)
➢ C. Definition of Internal Auditing
➢ D. Code of Ethics
➢ E. Development of Internal Audit Strategic Plan
➢ F. Difference between Internal and External audit
➢ G. Managing the Internal Audit Department
➢ H. Audit Objectives and the Audit Process
➢ I. Planning the Audit
a. Introduction
b. Preliminary Survey
c. Development of an overall audit plan
d. Co-coordinating the work to be performed

➢ J. Establishing the Degree of Reliance on Internal Control
a. Introduction
b. Identifying, documenting and testing control procedures
c. Examples of controls
d. Inherent limitations of internal control
e. Considering the influence of environmental factors
f. Determining the nature, timing and extent of substantive tests
➢ K. Performing Substantive Procedures
a. Introduction
b. Audit techniques
c. Specific substantive procedure considerations
➢ L. Communicating Results
a. Audit Findings
b. Audit Report
➢ M. Monitoring Progress

Download the Confirmation Sheet in PDF

Date: October 28, 2015 (Wednesday)
Venue: RBAP, Intramuros, Manila
Time: 8:30am to 5:30pm
Resource Person:
Ms. Victoria Palanca
Branch Bank Head, Trainer & Consultant

Seminar Fee:
MEMBER ONLY
1. Early bird – P2,500 (on or before Oct. 02, 2015)
2. Regular Rate – P2,800 (After Oct. 02, 2015)
Non-Member/Delinquent – P3,360

Mode of Payment

• A Non-Refundable commitment fee of P1400.00 per participant.
• Bank account (LBP – Intramuros Branch Savings Account Number 0012-1046-26).
• Proof of payment fax to (02) 527-2980.
• Check payments, should be payable to (RBRDFI).

Seminar Methodologies

Lecturettes, Workshops, Discussions / Best Practices

Expected Participants

Tellers, Account Specialists, Cashiers

Objectives
At the end of the one-day session, participants should be able to:

I. Classify his/her role and identify the main job of his/her position in conformity with bank rules and regulation.
II. Process transactions proficiently according to par policies and procedures.
III. Adhere to established internal control measures in accepting, sorting, and handling checks and cash
IV. Course Outline

I. The Teller
II. General Operations of Tellering
III. Documents on new accounts
IV. Tellers’ receiving functions
V. Negotiable Instruments Law
VI. Tellers’ paying functions
VII. Customer satisfaction
VIII. Curtailing frauds and mistakes

Download the Confirmation Sheet in PDF

Date: October 29, 2015 (Thursday)
Venue: RBAP, Intramuros, Manila
Time: 8:30am to 5:30pm
Resource Person:
Ms. Jennifer Dominguez
Question Document Examiners, NBI

Seminar Fee:
MEMBER ONLY
1. Early bird – P2,300 (on or before Oct 02, 2015)
2. Regular Rate – P2,600 (after Oct. 02, 2015)
Non-Member/Delinquent – P3,120

Mode of Payment

• A Non-Refundable commitment fee of
P1,300.00 per participant.
• Bank account (LBP – Intramuros Branch Savings Account Number 0012-1046-26).
• Proof of payment fax to (02) 527-2980.
• Check payments, should be payable to (RBRDFI).

Seminar Methodologies

Lecture, Discussions and Workshops

Expected Participants

Bank Teller, Cashier, Account Officers, Loan Officers

Objective
For the participants to be aware of the significance of handwriting identification and other aspects of questioned documents examination to related areas in their chosen field;

Course Outline

Module 1: Signature Verification and Forgery Detection
a. Handwriting Impressions
1) Manual operation of the hand and the brain
b. Typewriting and Printing Impressions
2) Machine produced impressions

3) Miscellaneous Aspects
4) Alterations
5) Sequence of strokes, etc

Module 2: Fraud Detection and Prevention
a. Elements of Fraud
b. Prevention Techniques
c. Internal Control System

Download the Confirmation Sheet in PDF

The Negros Occidental Federation of Rural Bankers (NOFRB), and the Rural Bankers Association of the Philippines (RBAP), are pleased to announce the conduct a Two-day training described below:

Training Topic: Corporate Governance Course for RB Directors & Senior Officers

Resource Persons: Ms. Ma. Dolores B. Yuvienco

BSP-SES Consultant

Venue: Sugarland Hotel

“Muscovado Room”

Araneta Street

Bacolod City

Schedule: October 23 & 24, 2015

(Friday and Saturday)

Duration: Two (2) Days

8:00AM – 5PM

Seminar

Methodologies: Lecture, Discussions and Case Studies

Expected

Participants: Rural Bank Directors and Senior Officers

1. Rationale:

This is a required course by the Bangko Sentral ng Pilipinas, pursuant to the following circulars:

1. Circular No. 296 prescribing the minimum qualifications of a bank director, a director “must have attended a special seminar for board of directors conducted or accredited by the BSP…That incumbent directors as well as those who will be elected…must attend said seminar within a period of six (6) months…from the date of their election.”

2. Circular Nos. 749 and 757, “sets new guidelines in strengthening the Corporate Governance in Financial Institutions.”

II. Course Objectives:

1. to provide a structured framework for the Board of Directors;

2. to appreciate the principles of Good Governance;

3. to recognize the value of their roles in promoting it in their respective financial institutions; and

4. to understand it significance in maintaining the stability of the financial system.

III. Course Outline:

1. Overview of Good Corporate Governance

1. Definition

2. Importance of Good Corporate Governance in the Financial System

3. Role of Stakeholders

2. Board Qualifications and Practices

1. Qualifications of the Board of Directors

2. Responsibilities of the Board of Directors

1. Collectively

2. Individually

3. Structure of the Board and Practices

1. Board Oversight Committees

2. Roles of the Chairperson of the Board of Directors

3. Evaluation of the Performance of the Board of Directors

3. Check and Balance System

Roles and Scope of the following functions;

1. Risk Management

• Understanding Risk Management

• Risk Management Cycle

• Risk Management Tactics

Assignment: Case Studies

2. Internal Audit

3. External Audit

4. Compliance

4. Compensation System

1. Principles in Establishing a Compensation System

2. Review of the Compensation System

V. Complex or Opaque Structures

6. Disclosure and Transparency

1. Objectives of Disclosure and Transparency

2. Regulatory Requirements

6. Governance in Family-owned Banks

1. Governance Challenges in Family-owned Banks

2. Governance Solutions in Family-owned Banks

VIII.Shareholder (In) Activism

9. Implementing Good Governance

9. Case Discussions

Registration Fee: Five Thousand Pesos (P5,500.00) per participant. The fee includes 2 Snacks and Lunch for two days, training materials and handouts.

Payment: A 50% non-refundable down payment is required on or before Wednesday, September 30, 2015.

Deposit to – Agnes L. Montelibano or Thelma M. Chiu

Bank of the Philippine Islands (BPI) – Sagay Branch

Sagay City, Negros Occidental

SA # 9299-0178-74

Please scan deposit slip and email to rbbacolod@rbap.org or fax to (034) 433-2704

Deadline for Nomination Forms, duly endorsed by the Bank President or

Submission: Authorized Signatory, and the Participant’s Profile, should be submitted to the Rural Bank of Bacolod City, Inc. (RBBCI) office, or faxed to (034) 433-2704, or emailed to rbbacolod@rbap.org, on or before Wednesday, September 30, 2015.

We look forward to your Bank’s participation in this very important seminar/training.

Thank you,

Agnes L. Montelibano

NOFRB Presiden

Download the Confirmation Sheet in PDF

The Negros Occidental Federation of Rural Bankers (NOFRB), and the Rural Bankers Association of the Philippines (RBAP), are pleased to announce the conduct a Two-day training described below:

Training Topic: Compliance Officer’s Development Training

Resource Persons: Mr. Nomer Crisostomo, CPA, MBA

Internal Auditor, Chief Compliance Officer,

Consultant,/Trainer and Entrepreneur

Venue: Sugarland Hotel

“Quedan Room”

Araneta St.

Bacolod City 6100

Schedule: October 23 & 24, 2015

(Friday and Saturday)

Duration: Two (2) Days

8:00AM – 5PM

Seminar

Methodologies: Lecture, Discussions and Case Studies

Expected Compliance Officer, President, Senior & Middle Level Officers

Participants: Internal Auditors

I. Course Overview & Objective:

In general, all business activities are faced with the reality of having to contend with various risks, and the banking industry is not an exemption to this rule. Compliance risk exposes banks to fines, civil penalties, payment of damages and the voiding of contracts. It is for these reasons, that the Monetary Board in its Resolution No. 116 issued Circular No. 747 (Revised Compliance Framework for Banks).

1. To update and guide the CCOs in adhering to all applicable and related laws issued by the regulatory bodies (BSP, PDIC, BIR, SEC, etc.).

2. To ensure that Banks comply with the provision of BSP Circular 747 by reviewing/improving their existing compliance program/manual and made them adequate in every aspect.

3. To update the CCOs, IAs, SMs or BODs of the recently issued Circular 855 on Guidelines on Sound Credit Risk Management Practices.

4. To guide the CCOs in updating their compliance manual, charter, matrices, programs, testings and reporting.

1. Course Outline:

First Day

• Brief Discussion of BSP Circular 747

• Framework

• Identification of Business Risks and how to mitigate them

• Compliance Status

• Role of the Chief Compliance Officer

• Role of Senior Management and BOD on Compliance

• Board level committees

• Non-executive director as Chief Compliance Officer

• Identification of relevant regulations

• Relationship of Compliance with the other units of the organization

• Compliance Program and how to implement it (workshop)

• Identification of high, medium and low risks reguations

• Conducting the compliance testing and communicating the results thereof

• Memorandum to All Banks – Guidelines on the classification of Banks (simple vs. complex)

• Memorandum No. 2013-023 – Adoption of Compliance Rating Systems Framework

Second Day

• Compliance Tracking (workshop)

• Monitoring outstanding BSP findings from the last BSP General Examination

• Communicating the status of compliance with the board level committees and the BOD

• Possible GE Exceptions (workshop)

• BSP Circular No. 855 – Guidelines on Sound Credit Risk Management Practices

• Appropriate Credit Risk Environment

• Credit Risk Management Structure and Organization – Front Office, Back Office, Middle Office

• Credit Policies, Processes and Procedures

• Credit Granting and Approval Process

• Credit Administration, Measurement and Monitoring Process

• Credit Classification and Provisioning

• Basic Guidelines in setting up of allowance for credit losses

Registration Fee: Five Thousand Pesos (P5,500.00) per participant. The fee includes 2 Snacks and Lunch for two days, training materials and handouts.

Payment: A 50% non-refundable down payment is required on or before Wednesday, September 30, 2015.

Deposit to – Agnes L. Montelibano or Thelma M. Chiu

Bank of the Philippine Islands (BPI) – Sagay Branch

Sagay City, Negros Occidental

SA # 9299-0178-74

Please scan deposit slip and email to rbbacolod@rbap.org or fax to (034) 433-2704

Deadline for Nomination Forms, duly endorsed by the Bank President or

Submission: Authorized Signatory, and the Participant’s Profile, should be submitted to the Rural Bank of Bacolod City, Inc. (RBBCI) office, or faxed to (034) 433-2704, or emailed to rbbacolod@rbap.org, on or before Wednesday, September 30, 2015.

We look forward to your Bank’s participation in this very important seminar/training.

Thank you,

Agnes L. Montelibano

NOFRB Presiden

Download the Confirmation Sheet in PDF

FOR : ALL PARTICIPATING RURAL BANKS

SUBJECT : BASIC COURSE ON CORPORATE GOVERNANCE FOR BANK DIRECTORS

The Rural Bankers Association of the Philippines (RBAP), through the Rural Bankers’ Research and Development Foundation, Inc. (RBRDFI) is pleased to announce that it will conduct the seminar-workshop described below as part of its continuing strategy to strengthen the rural banking industry:

Training Venue

Gov. Licaros Hall, RBAP Bdlg., A. Soriano Ave. cor. Arzobispo, St., Intramuros, Manila

Date and Duration

October 06-07, 2015
(Tuesday -Wednesday) 2 days (8:30AM-5:00PM)

Pursuant to the following BSP Circulars
a) Cir. No. 296 prescribing the minimum qualifications of a bank director, a director ‘must have attended a special seminar for board of directors conducted or accredited by BSP…That incumbent directors as well as those who will be elected…must attend said seminar within a period of six (6) months…from
the date of their election,

b) Circulars No. 749 and 757 sets new guidelines in strengthening the Corporate Governance in Financial Institutions”.

Registration Fee
a) For Members Only
Early bird rate of Five Thousand Two Hundred Pesos only (P5, 200.00)/ per registrant on or before September 25, 2015

b) Five Thousand Eight Hundred Pesos only (P5, 800.00)/ per registrant after September 25, 2015.

c) Six Thousand Nine Hundred Sixty Pesos only (P6, 960.00).♣
Non-member rural banks. To avail of the regular registration fee,
non-member banks are encouraged to apply for membership with RBAP/RBRDFI. Please call RBAP for details.

Training Policies:

1. Before you deposit the registration fees, book your ticket (airline) and secure accommodations, confirm first with RBAP-RBRDFI your training slot, and wait for RBAP-RBRDFI acknowledgement on such reservation.

RBAP-RBRDFI will not be liable for any damage caused by unconfirmed reservation(s). Likewise, once training is FULL, RBAP-RBRDFI has the right to refuse participation or reimbursement on any damage brought by unconfirmed reservations.

2. Deadline for submission of registration is not later that October 02, 2015.

3. A Non-Refundable commitment fee of P2, 900.00 per participant. Payments can be remitted to the Rural Bankers Research and Development Foundation, Inc. bank account (Land Bank of the Philippines – Intramuros Branch Savings Account Number 0012-1046-26). Proof of payment (i.e., deposit
slip) should be sent immediately verification at (02) 527-2980. Check payments, should be payable to Rural Bankers Research and Development Foundation, Inc. (RBRDFI)

4. Reservation via telephone conversation is accepted. However,
Registration Form and fee must be settled 10 days prior the seminar date or September 25, 2015. Otherwise, reservation is considered cancelled.

5. Cancellation Policy: –
a) 10 days prior the seminar date is entitled for a full refund. *Regular Rate only
b) 3 days prior to the seminar date is entitled for a half refund *
Regular Rate only
c) Participants who have paid but failed to show up for the seminar will only be entitled to a rebate of 50% of the total registration fee.
(Regular Rate only)
d) For special cases (health, accident etc.), kindly coordinate with RBRDFI staff for refund procedures and requirements.

Please note that this is a live-out seminar.

Download the Confirmation Sheet in PDF

Subject: Guidelines on Salarv-Based General-Purpose Consumotion loans

The Monetary Board, in its Resolution No. 1380 dated 27 August 2AL5, approved the guidelines on salary-based general-purpose consumption loans, as well as the amendments of certain provisions in the Manual of Regulations for Banks (MORB) and the Manual of Regulations for Non-Bank Financial Institutions
(MORNBFT):

Section 1. Section X321 of the MORB and Section 43375 of the MORNBFI including their respective subsections shall now read as:

“9x32V943375 Policies on Salary-BaseGeneral-Purpose Consumption loans.

“Section X327/43375 Stotement of Policy. The Bangko Sentral recognizes the helpful role of salary-based, consumer lending schemes in allowing an individual borrower to manage his/her cash flows provided these are granted under sound credit standards and fair consumer practices. The BSP likewise encourages competition and transparency to promote efficient and innovative delivery of financial services and fair dealing with customers.

Download the full BSP Circular in PDF