Disaster Preparedness & Recovery Planning Tips

In light of the typhoons that have affected and are currently affecting the Philippine countryside, the MABS team would like to share the attached guidelines which will help banks to better prepare and manage natural disasters.
Based on sound management practices, rural banks should always have appropriate plans in place to protect its records, client deposits, bank facilities, and most importantly, their reputation as dependable banks in times of crisis. In the aftermath of a calamity, rural banks should also have mechanisms to identify affected clients and find ways to continue servicing their banking needs. Banks should also identify steps to preserve the quality of their loan portfolio and help clients continuously manage their loan payments effectively, even during a time of crisis.
The attached document entitled “MABS Disaster Preparedness & Recovery Planning for Rural Banks” details tips and procedures on how to prepare the bank for disasters and how to better manage and continue to provide banking services after a disaster occurs. ┬áPlease feel free to contact our offices in Manila or in Davao should you require additional assistance or guidance on this matter.

In light of the typhoons that have affected and are currently affecting the Philippine countryside, the MABS team would like to share the attached guidelines which will help banks to better prepare and manage natural disasters.

Based on sound management practices, rural banks should always have appropriate plans in place to protect its records, client deposits, bank facilities, and most importantly, their reputation as dependable banks in times of crisis. In the aftermath of a calamity, rural banks should also have mechanisms to identify affected clients and find ways to continue servicing their banking needs. Banks should also identify steps to preserve the quality of their loan portfolio and help clients continuously manage their loan payments effectively, even during a time of crisis.

The attached document entitled “MABS Disaster Preparedness & Recovery Planning for Rural Banks” details tips and procedures on how to prepare the bank for disasters and how to better manage and continue to provide banking services after a disaster occurs. ┬áPlease feel free to contact our offices in Manila or in Davao should you require additional assistance or guidance on this matter.

Download MABS Disaster Preparedness Kit here.

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