The Credit Information Act or RA 9510 was signed into law by President Gloria Macapagal-Arroyo on October 31, 2008. The law mandates the establishment of the Central Credit Information Corporation (CCIC), which will gather information from financial institutions and consolidate them into a centralized system. The system will help address the lack of reliable information [...]
Cantilan Bank highlights MABS Mobile Phone Banking Services during PlaNet Finance Conference in India
Brig. Gen. Charles Y. Hotchkiss (Ret.), the EXECOM Chair of MABS participating bank Cantilan Bank, participated as a panelist for the mobile banking session of the Microfinance and New Technologies (MFNT) Conference organized by PlaNet Finance, a Paris-based microfinance technical services provider that aims to help alleviate poverty worldwide through the development of microfinance. Held [...]
The technological innovations and best practices on microfinance of USAID’s Microenterprise Access to Banking Services (MABS) Program were showcased in the October 15, 2008 exposure visit of representatives from India’s National Bank for Agriculture and Rural Development (NABARD).
October 20, 2008 – As a pioneer in mobile phone banking for microfinance, MABS shared the Program’s firsthand knowledge and experience with a Colombian delegation. Colombian banks and other financial institutions have just recently offered mobile phone banking and wanted to expand and deepen its implementation in the country. The exposure and study visit was [...]