2012 RBAP-MABS Microfinance Conference and Awards Ceremony

Over 200 rural bankers and other participants throughout the Philippines attended the 2012 National Roundtable Conference organized by the Rural Bankers Association of the Philippines (RBAP) – Microenterprise Access to Banking Services (MABS) Program. The two-day conference is a gathering of all RBAP-MABS participating banks to share and exchange experiences on microfinance operations, new developments in the field, and marks the Programs’ 15th anniversary. The United States Chargé d’Affaires, Ms. Leslie Bassett, opened the 15th year anniversary of RBAP-MABS and Awards Dinner along with Bangko Sentral ng Pilipinas’ Monetary Board Member Ignacio Bunye.

The MABS Program, now on its 15th year, was developed by the United States Agency for International Development (USAID) in partnership with RBAP.  The Program is overseen by the Office of the President through the Mindanao Development Authority.  The Program works with rural banks to develop their capacity to profitably provide financial services – microloans, microdeposits, microinsurance, …

Pricing Transparency Workshop

The Rural Bankers Association of the Philippines-Microenterprise Access to Banking Services (RBAP-MABS) and the Rural Bankers Research and Development Foundation, Inc. (RBRDFI) with support of the Bangko Sentral ng Pilipinas (BSP) will hold a series of seminars on the new pricing transparency or Circular 730. Seminars for the month of March will be at the following dates and places:

  • March 8 – the Executive Business Center, Visayas Room, 5/F Multistory Bldg., BSP, FB Harrion Street, Pasay City
  • March 14 – Holiday Plaza, Cebu City
  • March 21 – Gov. Licaros Hall, RBAP Building, Intramuros, Manila
  • March 29 – Lenox Hotel, Rizal St., Dagupan City, Pangasinan
  • March 30 – Hotel Ariana, National Highway, Barrio Paringao, Bauang, La Union

RBAP-MABS Participates in the Microinsurance Advocacy Training

In celebration of Microinsurance Month, a three-day Training on Microinsurance Advocacy (TOMA) was held in Tagaytay City from January 18-20. The Microinsurance Teams of the United States Agency for International Development-supported Rural Bankers Association of the Philippines-Microenterprise Access to Banking Services (RBAP-MABS) and RBAP-Rural Bankers Research Development Foundation Inc. participated.  The event was the third in a series of workshops under the Financial Literacy Roadshow on Microinsurance Advocacy that will be conducted in sixteen (16) regions of the country. Collaborators include German International Cooperation-Microinsurance Innovations Program for Social Security (GIZ-MIPSS), Insurance Commission, National Credit Council (NCC) of the Department of Finance (DOF) and Japan Fund for Poverty Reduction Program of the Asian Development Bank.

The event sought to enhance the knowledge and skills of participants to become advocates of microinsurance in the Philippines. Thirty-eight (38) individuals from various national government agencies, intermediaries, donor agencies, support institutions, local government units and …

Northwestern Mindanao Rural Bankers Complete the Microinsurance Basic Training Course

The Northwestern Mindanao Federation rural bank members participated in the Microinsurance (MI) Basic Training Course held at the Bethany Gardens Resort in Ozamis City, Misamis Occidental last August 11 and 12. Twenty-two (22) officers and staff from eleven (11) rural banks attended the course which covers the fundamentals of microinsurance, including marketing and servicing of clients.

The two-day MI Basic Training Course is part of the Insurance Commissions requirements for Microinsurance Agent Licensing. In addition, participating banks must also pass the qualifying exam administered at the end of the course and amend the bank’s article of incorporation to include microinsurance as its new service.

The Rural Bankers Association of the Philippines-Microenterprise Access to Banking Services (RBAP-MABS) Program has been assisting the Rural Bankers Research and Development Foundation Inc. (RBRDFI) in offering a turn-key solution for rural banks to become licensed microinsurance agents. To facilitate rural bank microinsurance agent licensing applications, …

Luzon Rural Bankers Complete Microinsurance Basic Training Course

Ten rural banks from Luzon attended the Microinsurance Basic Training Course held at the Orchid Garden Hotel in Manila on August 2-3, 2011.  Nineteen (19) of the course participants also successfully completed the qualifying examinations administered at the end of the course, which is the first step to becoming a qualified Microinsurance Soliciting Officer.

The two-day training covers the fundamentals of microinsurance, marketing and servicing. One of the tools used in the training is the Microinsurance Agent Tool Kit which includes all the requirements from the Insurance Commission and the Bangko Sentral ng Pilipinas to apply for a Microinsurance Agent License.

Since its launch in January 2011, 208 rural bank representatives from 99 rural banks have been trained under the Rural Bankers Research and Development Foundation Inc. Microinsurance Basic Training Course. Upcoming course will also be held on August 11-12 in Ozamiz City, August 18-19 in Davao City and in …

Microinsurance Basic Training Batch 7 conducted by RBAP with the Metro Manila Federation

Rural Bankers Association of the Philippines-Microenterprise Access to Banking Services (RBAP-MABS) Program assisted Rural Bankers Research and Development Foundation Inc. (RBRDFI) conduct the seventh (7th) batch of rural banks for the two-day Microinsurance Basic Training Course last July 14-15, 2011. This qualifies the represented rural banks to apply for Microinsurance Agent licensing with the Insurance Commission and the Bangko Sentral ng Pilipinas (BSP).

Organized by the Metro Manila Federation under the leadership of Mr. Davidson Pascual, the largest Microinsurance Basic Training was attended by thirty-three (33) participants comprised of officers, managers and front liners from thirteen (13) rural banks from Metro Manila and its peripheral municipalities. The RBAP MI Training employed a mix of group workshops and simulation activities that kept the trainees engaged and active.

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Participants listened as Ms. Liamzon-Miller delivers her message during the training

RBAP training for rural banks covers the fundamentals of microinsurance selling, marketing and …

More Rural Banks in Leyte Complete Microinsurance Basic Training Course

Twenty-one (21) bank officers, managers and staff from sixteen (16) rural bank members of the Leyte-Samar-Biliran Federation completed the Microinsurance Basic Training Course conducted by USAID-supported Rural Bankers Association of the Philippines-Microenterprise Access to Banking Services (RBAP-MABS) Program and Rural Bankers Research and Development Foundation Inc (RBRDFI) on July 29, 2011. The training course is an initial requirement for a rural bank’s application as Microinsurance Agent licensed by the Insurance Commission and the Bangko Sentral ng Pilipinas. The course participants also successfully completed the qualifying examinations administered at the end of the course, which may qualify them as Microinsurance Soliciting Officers.

The Leyte-Samar-Biliran Federation, led by Federation President Rosario Ong Veloso, threw in their full support, making the course the most attended by rural banks since the course was launched in January 2011. This training brings to ninety (90) the total number of rural banks that have been trained in …

RBAP-MABS conducts microinsurance workshop for rural banks

The Rural Bankers Research and Development Foundation, Inc. (RBRDFI) and the RBAP-MABS program supported by USAID/Philippines organized a half-day microinsurance workshop for rural banks on May 27. The workshop was primarily aimed at further enhancing the knowledge and capability of rural banks as microinsurance agents and brokers.

Facilitated by RBAP-MABS Microinsurance Consultant Michael McCord, the event was participated in by nine representatives from eight rural banks trained by RBAP in Basic Microinsurance.  Also in attendance were members of the RBAP-MABS team and two members from the RBRDFI team for microinsurance.

Mr. McCord engaged the participants in a course of simulation games and interactive group activities built on topics such as the value of microinsurance, its fundamental principles and strategies for selling microinsurance by rural banks.  While this deepened the learning of basic concepts and principles for rural bank trainees, the RBRDFI microinsurance training team picked up new approaches to expand …

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 particularly interested in the country’s mobile phone banking services and mobile money platforms including how these services are expanding banking services to the underbanked and unbanked sector. They studied the success factors in the Philippine market, as well as the regulatory framework that made the Philippines a successful model for …