Under the CPRB
, merging or consolidating banks may avail of support for financial advisory and business process improvement services, capacity building, and other program support,' Tan said.
covers areas not included in the SPRB Plus such as financial advisory, business process improvement and capacity-building support services.
While the clearinghouse has brought attention to the GLC, the GLC's work with the Albany CPRB
has also served as a statewide resource for municipalities that are considering establishing a citizen oversight body or that are reinventing an existing model in their communities.
The BSP, PDIC and Landbank jointly shepherded the implementation of the CPRB
Tan said the CPRB
would be available for two years until Oct.
Under revised rules issued by the PDIC last April, the CPRB
offered regulatory incentives to the merger of less than five rural banks with head offices or majority of the branches located in the same region or area.
Jointly shepherded by the BSP, the PDIC and the Land Bank of the Philippines, the CPRB
was a bank-strengthening program for rural banks aimed at enhancing their ability and viability to promote financial inclusion as well as stability in their respective communities.
was launched in August 2015 but expired in August this year.
, jointly shepherded by the BSP, PDIC and the state-owned Land Bank of the Philippines, is a bank-strengthening program specifically designed for rural banks to help enhance their viability and ability to promote financial inclusion and financial stability in their respective communities, the PDIC noted in a statement.
, jointly shepherded by the BSP, PDIC and Land Bank of the Philippines, is a bank-strengthening program specifically designed for rural banks to help enhance their viability and ability to promote financial inclusion and financial stability in their respective communities, the PDIC noted.
Apart from having at least P100 million, bank groups applying for CPRB
perks should also have an average capital adequacy ratio of at least 12 percent, or above the 10 percent minimum prescribed by the BSP for all local banks.
action, the MTA is progressing projects as part of the approved $20.