RBAP ANNUAL CONVENTION

          The Rural Bankers Association of the Philippines (RBAP), the national association of rural banks, conducted its 66th Annual National Convention and General Membership Meeting with a theme: Bridging the Gap in Financial Inclusion at the Cordillera Conference Hall of the Baguio Country Club, Baguio City last May 20-21, 2019.

One highlight of the two-day event is the annual elections of the RBAP which was conducted by the Electoral Board headed by Ives Nisce.The convention focused on solutions on how to narrow the gap in financial inclusion in the countryside. One of these is the close working relationship between RBAP and the government which will make banking easier. Technology advances also open new opportunities in accelerating rural bank’s ability to deliver financial services to the unbanked. According to BSP, technology widens the reach of rural banks and is a vital vehicle for greater financial inclusion. With the digital transformation of the banking system, the BSP is optimistic that the rural banking industry can emerge as a strong and dependable delivery channel in providing banking services.