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 …

Central Bank of Afghanistan takes a look at the Philippine Mobile Phone Banking Environment

Officials from the Central Bank of Afghanistan visited the Philippines on January 12-15 to study the mobile phone banking offered by rural banks, meet with mobile money operators, and understand the regulations about mobile money and mobile phone banking services in the Philippines.

In coordination with the Alliance for Financial Inclusion (AFI) and the Rural Bankers Research and Development Foundation Inc. (RBRDFI), the study tour included visits to RBAP-MABS, the Central Bank of the Philippines (Bangko Sentral ng Pilipinas / BSP), Smart Communications, G-Xchange Inc., and GM Bank, a MABS participating bank based in Nueva Ecija.

The Afghan representatives were …