The Rural Bank Strengthening Program (RBSP) is a structured program anchored on the principle that a safe and sound bank is well-capitalized. The RBSP is comprised of four key elements:
- strengthened capital base;
- a holistic menu of five (5) time-bound tracks, all aimed at ensuring that RBs that continue to operate have adequate capital to support their operations and effectively comply with regulatory expectations;
- incentives and capacity building interventions to promote successful undertakings; and
- review and enhancements of existing regulations to ensure consistency in policy approach and direction.
For details on the elements, please refer to BSP Memorandum M-2022-024.
Amendments to the Minimum Capitalization of Rural Banks per
Circular No. 1151 dated 24 August 2022
Guidelines on the Implementation of the RBSP per
Memorandum No. M-2022-040 dated 13 September 2022
Procedures for Applications for Mergers, Consolidations and Acquisitions of Banks
