RBAP-MABS reviews RB Gattaran’s management information system and potential for mobile phone banking services

RB GattaranLocated in Cagayan about 242 miles away from Manila, the Rural Bank of Gattaran serves over 50,000 clients in Northeastern Luzon. With the strategic location of its branches including one near a famous tourist spot, Sta. Ana, the bank sees the potential for mobile phone banking services in its areas of operation.

The bank’s current remittance facility is servicing up to 40 transactions daily, totalling P5,000 – P500,000 ($116-$11,630) for each of the bank’s three branches.

To support the bank in its commitment to improve its operations, the USAID-supported RBAP-MABS program evaluated the current banking software deployed in RB Gattaran’s three branches during its visit on June 23-24. The RBAP-MABS review team gave recommendations to improve the bank’s monitoring system and assisted the bank in planning for enhancements.

RB Gattaran became a MABS participating bank in 2006 and has since then provided micro loans to over 5,000 clients totalling more than PhP 341,000,000 ($7.9M).