Pakistan Microfinance Network studies Philippine Microfinance

August 14, 2010 By Leave a Comment

Pakistan MF Network visit

A study group from Pakistan visited the Philippines on August 9-13 to get an in-depth perspective of the Philippine microfinance industry. Composed of nine senior managers from microfinance oriented banks and other microfinance institutions of the Pakistan Microfinance Network (PMN), the visit focused on savings mobilization practices and mobile phone banking services offered by rural banks.
On August 9, the delegates visited the Rural Bankers Association of the Philippines (RBAP) and the Bangko Sentral ng Pilipinas (BSP) for a walk through of the country’s current microfinance climate. RBAP-MABS provided a presentation of rural banks’ successful delivery of banking services to microfinance clients in the countryside, and shared experiences on savings mobilization strategies as well as mobile phone banking services via mobile money.
The study group then visited various rural banks to learn about their products and activities for increasing deposit levels and encouraging small savers through innovations and incentives. Among the rural banks that the study group visited were Green Bank of Caraga and CARD Bank.
The group inquired about the unique strategies of both banks in attracting and managing hundreds of thousands of small deposit accounts. They also studied the technological innovations used in banking, including mobile phone banking services such as Text-A-Deposit, Text-A-Withdrawal and SMS updates being offered by rural banks to their clients.

A study group from Pakistan visited the Philippines on August 9-13 to get an in-depth perspective of the Philippine microfinance industry. Composed of nine senior managers from microfinance oriented banks and other microfinance institutions of the Pakistan Microfinance Network (PMN), the visit focused on savings mobilization practices and mobile phone banking services offered by rural banks.

On August 9, the delegates visited the Rural Bankers Association of the Philippines (RBAP) and the Bangko Sentral ng Pilipinas (BSP) for a walk through of the country’s current microfinance climate. RBAP-MABS provided a presentation of rural banks’ successful delivery of banking services to microfinance clients in the countryside, and shared experiences on savings mobilization strategies as well as mobile phone banking services via mobile money.

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Central Bank of Yemen delegates study Philippine microfinance

August 12, 2010 By Leave a Comment

Yemen Central Bank visit 2Six delegates from the Central Bank of Yemen visited the Philippines on August 2-5 to study the country’s microfinance industry. The study mission provided the delegates with the opportunity to learn about the country’s microfinance sector, the enabling regulatory environment that encouraged the growth of private microfinance, and microfinance supervision methodologies and practices. The mission also included visits to a rural bank in the field.  Specifically, the delegates were interested in lending methodologies, IT systems, internal controls, reporting, and technological innovations such as mobile phone banking.

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