Rappler's latest stories on rural banks
2 courts convict rural bank execs over fraudulent transactions
The Bangko Sentral ng Pilipinas wins in two cases against two shuttered rural banks in Iloilo and Antique over violations of the General Banking Law of 2000
Shuttered AMA Bank refuses to turn over records – PDIC
PDIC gives employees of AMA Bank of Mandaluyong 24 hours to turn over bank records or face the 'full force of law'
BSP shuts down Maximum Savings Bank, AMA Rural Bank
(UPDATED) AMA Rura Bank of Mandaluyong says that it will challenge the shutdown order from the Central Bank
Bangko Sentral shuts down Rural Bank of Basey in Samar
The Rural Bank of Basey is the fifth bank closed by the Bangko Sentral ng Pilipinas in 2019
BSP shuts down Batangas-based Tiaong Rural Bank
Tiaong Rural Bank, Inc. is the 6th problmatic bank to be shut down this year
Bangko Sentral shuts down rural bank in Misamis Oriental
The Rural Bank of Initao is the 3rd rural bank to be ordered closed in 2018
4Ps payout agents win P277-M claim vs DSWD
The CCT program which provides direct cash assistance to the poorest Filipinos owes millions to government partners that facilitated the money transfer
BSP closes 14th bank this year
BSP data show the number of banks operating in the Philippines declined to 622 as of end March this year from 646 in the same period a year ago
Global investment firm TPG Growth takes 40% stake in BDO unit ONB
TPG Growth an early backer of Uber and Airbnb has a track record of helping mid level firms grow
BSP provides relief to banks in El Niño-hit areas
Due to severe drought conditions affecting several provinces borrowers in affected areas will have difficulty paying their loans the BSP says
Fewer Philippine banks in 2015
The central bank s order to close 14 rural banks in 2015 leads to the continuing decline of established banks in the country
BSP shuts down Cebu rural bank
This is the second rural bank ordered closed by the Bangko Sentral ng Pilipinas this year
BSP seeks to boost rural banks' competitiveness
The central bank eyes the consolidation of programs for rural banks amid the entry of foreign lenders
Soured loans of thrift and rural banks fall in H1
The central bank says it would continue to look into the loan quality of banks as part of its efforts to promote sound credit underwriting standards and financial stability
BSP releases guidelines on rural bank mergers
The program seeks to encourage consolidations and mergers among rural banks to bring about a less fragmented banking system
Bangko Sentral closes rural bank in Pangasinan
To verify eligibility for early payments and other concerns Rural Bank of Calasiao account owners are invited to the depositors borrowers forum on November 26
BSP approves sweetened perks for rural bank mergers
BSP says encouraging more mergers among rural banks will bring about a less fragmented banking system in the Philippines
Big PH banks maintain sufficient capital in Q3 2014
The latest capital adequacy ratios show that universal and commercial banks have sufficient buffer against unexpected losses that may arise during times of stress the central bank says
BDO eyes Mindanao expansion through ONB buyout
The SM led bank says acquiring ONB is strategic due to its profitable business history
Bad weather hikes bad loans of rural banks
Bad weather increased the bad loans of rural and cooperative banks in 2012 to 11 57 equivalent to about P14 75 billion of total loan portfolio
BSP closes Laguna rural bank
The Monetary Board of the BSP places Rural Bank of Majayjay Laguna Inc under the receivership of state owned insurer Philippine Deposit Insurance Corp
