Central Bank of Namibia studies MABS Approach to mobile phone banking

Representatives from the Banking Supervision Department of the Central Bank of Namibia in South Africa visited the country on November 15-19 to study Philippine microfinance under the Knowledge Exchange Program of the Bangko Sentral ng Pilipinas (BSP). The group, headed by Department Director Romeo Nel, was eager to learn the mobile phone banking experience of the country, as well as the regulatory policies of the BSP. Also in the study group were Mr. Brian Gei-Khoibeb, Deputy Director for Payment System, and Mr. Sergio de Sousa, Payment System Analyst.
On November 18, the group visited First Macro Bank’s main office in Pateros City, as well as its other banking office (OBO) in Antipolo City. They observed the bank’s operations, visited its clients, and studied its lending procedures and mobile phone banking operations. They also witnessed how the clients paid their loan amortization using mobile phone banking through the GCASH platform.
The USAID-supported RBAP-MABS Program gave a presentation on its mobile phone banking initiative, orienting the delegates on the MABS-designed mobile banking services. To date, MABS has already helped accredit over 65 rural banks with approximately 950 branches and other banking offices offering MPBS via the GCASH platform.

CB of Namibia visitRepresentatives from the Banking Supervision Department of the Central Bank of Namibia in South Africa visited the country on November 15-19 to study Philippine microfinance under the Knowledge Exchange Program of the Bangko Sentral ng Pilipinas (BSP). The group, headed by Department Director Romeo Nel, was eager to learn the mobile phone banking experience of the country, as well as the regulatory policies of the BSP. Also in the study group were Mr. Brian Gei-Khoibeb, Deputy Director for Payment System, and Mr. Sergio de Sousa, Payment System Analyst.

On November 18, the group visited First Macro Bank’s main office in Pateros City, as well as its other banking office (OBO) in Antipolo City. They observed the bank’s operations, visited its clients, and studied its lending procedures and mobile phone banking operations. They also witnessed how the clients paid their loan amortization using mobile phone banking through the GCASH platform.

CB of Namibia visit

CB of Namibia visitThe USAID-supported RBAP-MABS Program gave a presentation on its mobile phone banking initiative, orienting the delegates on the MABS-designed mobile banking services. To date, MABS has already helped accredit over 65 rural banks with approximately 950 branches and other banking offices offering MPBS via the GCASH platform.