Rural Banks Learn Best Practices in Developing Housing Microfinance Products

Fifteen (15) participants from seven (7) Luzon rural banks shared their best practices in developing, marketing, and selling housing microfinance product to their clients at the Training Workshop conducted by the United States Agency for International Development-supported Rural Bankers Association of the Philippines-Microenterprise Access to Banking Services Program, in partnership with the Research and Development Department of GM Bank in Nueva Ecija from March 7-9.

The three-day workshop is part of the technical assistance provided by RBAP-MABS to its participating banks. A Focused Group Discussion (FGD) with GM Bank’s group loan clients was conducted to demonstrate FGD facilitation and validation …

Bangko Mabuhay and GCASH serve the mobile money community of Cavite

Bangko Mabuhay together with G-Xchange Inc. (GXI), a wholly-owned mobile commerce subsidiary of Globe Telecom, brings the benefits of mobile money and convenient remittance pay-out options in Cavite.

Using the GCASH platform, its branches serve as cash-in and cash-out facilities for customers who would like to take advantage of the convenience that mobile money transfer offers. Bangko Mabuhay is also an active pay-out outlet for GCASH REMIT, cash pick-up remittance service under GXI.

Bangko Mabuhay, registered as Rural Bank of Tanza (Cavite), Inc., has over P900M in assets serving thousands of clients in the province.…