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                    [Title] => BSP issues guidelines on rural bank mergers
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The Bangko Sentral ng Pilipinas (BSP) has released the eligibility requirements for a program extending a financial package to encourage mergers and consolidations among rural banks.

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                    [Title] => PDIC extends deposit claims from closed Bukidnon bank
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State-run Philippine Deposit Insurance Corp. (PDIC) is extending the processing of insurance deposit claims of the shuttered Bukidnon-based Xavier-Punla Rural Bank Inc. after servicing a little more than half of the deposit accounts.

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                    [Title] => Earnings of rural, coop banks down 16.8% in first half
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Earnings of rural and cooperative banks fell 16.8 percent to P1.64 billion in the first half from P1.97 billion in the same period last year amid the consolidation in the industry and the exit of weak players, data from the Bangko Sentral ng Pilipinas (BSP) showed.

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                    [Title] => Fewer banks but more branches sprout in H1
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The number of banks declined amid the consolidation of smaller players but the physical network of banking industry increased in the first half, the Bangko Sentral ng Pilipinas (BSP) reported yesterday.

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State-run Philippine Deposit Insurance Corp. (PDIC) is set to start paying depositors of the shuttered Bukidnon-based Xavier-Punla Rural Bank Inc. in the second week of September.

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                    [Title] => Thrift, rural banks remain cushioned vs losses – BSP
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The Bangko Sentral ng Pilipinas (BSP) said yesterday the country’s thrift banks as well as rural and cooperative banks have enough capital to cover unexpected losses.

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CONSOLIDATION PROGRAM

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                    [Title] => PDIC extends deposit claims from closed Bukidnon bank
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State-run Philippine Deposit Insurance Corp. (PDIC) is extending the processing of insurance deposit claims of the shuttered Bukidnon-based Xavier-Punla Rural Bank Inc. after servicing a little more than half of the deposit accounts.

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                    [Title] => Earnings of rural, coop banks down 16.8% in first half
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Earnings of rural and cooperative banks fell 16.8 percent to P1.64 billion in the first half from P1.97 billion in the same period last year amid the consolidation in the industry and the exit of weak players, data from the Bangko Sentral ng Pilipinas (BSP) showed.

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                    [Title] => Fewer banks but more branches sprout in H1
                    [Summary] => 
The number of banks declined amid the consolidation of smaller players but the physical network of banking industry increased in the first half, the Bangko Sentral ng Pilipinas (BSP) reported yesterday.

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                    [Title] => PDIC set to pay depositors of closed RB
                    [Summary] => 
State-run Philippine Deposit Insurance Corp. (PDIC) is set to start paying depositors of the shuttered Bukidnon-based Xavier-Punla Rural Bank Inc. in the second week of September.

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                    [Title] => Thrift, rural banks remain cushioned vs losses – BSP
                    [Summary] => 
The Bangko Sentral ng Pilipinas (BSP) said yesterday the country’s thrift banks as well as rural and cooperative banks have enough capital to cover unexpected losses.

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abtest

BSP issues guidelines on rural bank mergers

By Lawrence Agcaoili | December 16, 2015 - 9:00am

The Bangko Sentral ng Pilipinas (BSP) has released the eligibility requirements for a program extending a financial package...

Business

PDIC extends deposit claims from closed Bukidnon bank

By Lawrence Agcaoili | October 17, 2015 - 10:00am

State-run Philippine Deposit Insurance Corp. (PDIC) is extending the processing of insurance deposit claims of the shuttered Bukidnon-based Xavier-Punla Rural Bank Inc. after servicing a little more than half of...

Business

Earnings of rural, coop banks down 16.8% in first half

By Lawrence Agcaoili | October 11, 2015 - 10:00am

Earnings of rural and cooperative banks fell 16.8 percent to P1.64 billion in the first half from P1.97 billion in the same period last year amid the consolidation in the industry and the exit of weak players, data...

Business

Fewer banks but more branches sprout in H1

By Lawrence Agcaoili | September 22, 2015 - 10:00am

The number of banks declined amid the consolidation of smaller players but the physical network of banking industry increased in the first half, the Bangko Sentral ng Pilipinas (BSP) reported yesterday.

Business

PDIC set to pay depositors of closed RB

By Lawrence Agcaoili | August 30, 2015 - 10:00am

State-run Philippine Deposit Insurance Corp. (PDIC) is set to start paying depositors of the shuttered Bukidnon-based Xavier-Punla Rural Bank Inc. in the second week of September.

Business

Thrift, rural banks remain cushioned vs losses – BSP

By Lawrence Agcaoili | August 6, 2015 - 10:00am

The Bangko Sentral ng Pilipinas (BSP) said yesterday the country’s thrift banks as well as rural and cooperative banks...

Business