Mindanao rural banks discuss “Managing Bank’s Risk, Creating Value for Clients”

After the successful Luzon-Visayas Regional Roundtable Conference on November 23, RBAP-MABS called forth its Mindanao rural banks for their own convention on November 26 at the Waterfront Insular Hotel in Davao City. Carrying over the first conference’s theme, “Managing Bank’s Risk, Creating Value for Clients”, the event gathered 27 bankers from 14 MABS participating rural banks in the region.
Assistant Secretary Romeo Montenegro of the Mindanao Development Authority (MinDA) welcomed the delegates to the event, which featured speakers from the Bangko Sentral ng Pilipinas (BSP), Regional Trial Court, MicroEnsure, Country Bankers, Rural Bank of Talisayan MBA, and Globe Telecom’s G-Xchange Inc. (GXI), among others. The participants took the opportunity to raise issues and concerns on the various topics presented in the conference, which included the latest BSP regulations on microfinance and rural banking, microinsurance, small claims cases, marketing, delinquency management and the latest mobile banking technologies.
Mr. Ernesto Galenzoga of RB Talisayan MBA shared his experiences in microinsurance during his tenure as RB Talisayan president.  The bankers also had the opportunity to learn from insurers on their experiences in partnering with other rural banks in offering insurance services to microfinance clients.
A lively discussion ensued after Ms. Rochelle Tomas of the BSP and Judge Mary Jane Buenaventura presented on the latest BSP circulars on microfinance and small claims cases as an alternative collection method for delinquent borrowers, respectively.
As in previous roundtable conferences, the EAGLE scorecards of the MABS participating banks were distributed and later on individually discussed by the bank representatives with the MABS technical staff.

Mindanao RRTAfter the successful Luzon-Visayas Regional Roundtable Conference on November 23, RBAP-MABS called forth its Mindanao rural banks for their own convention on November 26 at the Waterfront Insular Hotel in Davao City. Carrying over the first conference’s theme, “Managing Bank’s Risk, Creating Value for Clients”, the event gathered 27 bankers from 14 MABS participating rural banks in the region.

Assistant Secretary Romeo Montenegro of the Mindanao Development Authority (MinDA) welcomed the delegates to the event, which featured speakers from the Bangko Sentral ng Pilipinas (BSP), Regional Trial Court, MicroEnsure, Country Bankers, Rural Bank of Talisayan MBA, and Globe Telecom’s G-Xchange Inc. (GXI), among others. The participants took the opportunity to raise issues and concerns on the various topics presented in the conference, which included the latest BSP regulations on microfinance and rural banking, microinsurance, small claims cases, marketing, delinquency management and the latest mobile banking technologies.

Mindanao RRTMr. Ernesto Galenzoga of RB Talisayan MBA shared his experiences in microinsurance during his tenure as RB Talisayan president.  The bankers also had the opportunity to learn from insurers on their experiences in partnering with other rural banks in offering insurance services to microfinance clients.

A lively discussion ensued after Ms. Rochelle Tomas of the BSP and Judge Mary Jane Buenaventura presented on the latest BSP circulars on microfinance and small claims cases as a last resort collection method for delinquent borrowers, respectively.

As in previous roundtable conferences, the EAGLE scorecards of the MABS participating banks were distributed and later on individually discussed by the bank representatives with the MABS technical staff.