RBAP Signs Partnership Agreement with MIX
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RBAP signed a partnership agreement with the MIX, a Washington-based private organization promoting information exchange in the MF industry. MIX provides benchmarking and monitoring tools and other specialized information services through its Microbanking Bulletin and the MIX Market, a web-based information exchange platform.
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Over the next 12 months, RBAP and the MIX will build up rural banks’ database for benchmarking activities, promote transparency by facilitating the posting of PBs institutional profiles in the MIX Market, and raise awareness and build MF institutions’ capacity for reporting. In May, MIX will set up the MIX Performance Monitoring and Benchmarking (PMB) Toolkit, the software specifically developed for the PMB, and train MABS technical staff on the PMB Toolkit, data sourcing, verification, and standardization.
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On April 26, 2005, the Rural Bankers Association of the Philippines (RBAP) signed a partnership agreement with the Microfinance Information eXchange (MIX), a Washington-based not-for-profit organization dedicated to increasing the availability of reliable, standardized and comparable data on the financial performance and outreach of microfinance institutions. The MIX is home to the leading global benchmarking publication in the microfinance industry, the MicroBanking Bulletin (MBB). By entering this partnership, RBAP-MABS will receive, and be trained in the use of, MIX performance monitoring and benchmarking tools and systems, which have been developed in accordance with internationally accepted microfinance standards. The use of these tools will increase RBAP’s capacity to collect, verify and benchmark performance information of its member rural banks. Over the next 12 months, RBAP and the MIX will build up rural banks’ database for benchmarking activities, promote transparency by facilitating the posting of rural bank’s institutional profiles in the MIX Market, and raise awareness and build rural banks’ capacity for reporting. In May, MIX installed its Performance Monitoring and Benchmarking (PMB) software and trained RBAP-MABS technical staff on its use. Photo taken during the signing shows (left to right) United States Agency for International development (USAID) Cognizant Technical Officer Teresita Espenilla, MIX Analyst Matt Graham, RBAP President Senen Glorioso, and RBAP-MABS Program Chief of Party John Owens.
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