RBAP MEETING IN LA UNION
Last April 22, 2022, the Rural Banker’s Association of the Philippines (RBAP) conducted its monthly Board Meeting at One Nisce Place Function Hall in San Fernando City La Union which was attended by RBAP directors from all over the country. The RBAP is the national association of rural banks, founded in 1955 and has since grown into a network of over 400 rural bank members nationwide with a network of more than 3,000 branches/offices covering some 80% of all municipalities and cities in the Philippines.
Later, On the same day, RBAP conducted a meeting with some federations at Awesome Hotel, San Juan La Union. The Federation meetings were participated by sixteen (16) Officers from La Union Chamber of Rural Bankers Inc., three (3) officers from Association of Pangasinan Rural Banks, Inc. and seven (7) officers from Federation of Baguio-Benguet-Mt. Province Rural and Cooperative Banks. RBAP President Atty. Albert T. Concha Jr. discussed the association’s accomplishments for the fiscal year 2021- 2022. The federation meeting aims to touch base with rural banks from La Union, Benguet and Pangasinan.
RANG-AY BANK AT 66 “AGSERSERBI MANIPUD 1956”
- February 19, 2022
“Rang-ay” is the Ilocano word for progress. Since the institution’s foundation in 1956, it has remained true to its name. As an institution, Rang-ay Bank serves as a catalyst for development and prosperity within our local communities. The bank aims to empower the rural communities and gain trust of the people in depending on a bank to become their primary financial access point.
Rang-ay Bank celebrated its 66 years of countryside banking with a recognition and awarding program participated by its officers from 30 branches via teleconference. The event was held at One Nisce Place (ONP) Events Hall in San Fernando City, La Union last February 19, 2022.
The event started with opening remarks from Chairman Ives Nisce who shared his story when he took over as the President and became the youngest rural bank chief executive of his time. Part of the program was Rural Bankers Association (RBAP) President Atty. Albert Flint Concha who delivered his greetings to Rang-ay Bank virtually. In his message, he congratulated the bank in celebrating its 66 founding celebrating its 66 founding anniversary and for being a part of the economic frontliners who provide financial services during the Covid-19 pandemic. The bank also recognized the invaluable contribution of outgoing Director Reynaldo Nisce. Director Nisce is an active and conscientious member of the Board of Directors for 13 years (since 2009), helping Rang-ay Bank to become the leading bank of its class in Ilocos and Cordillera Regions.
The program is not merely a celebration of the bank’s 66 years of success but also a platform to recognize and award the top-performing Branches and Head Office units for the 2nd semester as well as for the whole year of 2021. Rang-ay Bank also organized a pinning ceremony for the newly promoted officers for their continuous dedication in achieving the bank’s mission and vision. The anniversary ended with closing remarks from Rang-ay President & CEO Ives Jesus Nisce as he looks forward to 2022.
February-March 2022 News & Updates
- February 16, 2022
Congratulations to Rang-ay Bank President & CEO Ives Jesus Nisce II, elected as Corporate Treasurer of Chamber of Real Estate & Builders Association, Inc. La Union Chapter 2022-2023.
Chamber of Real Estate & Builders Association, Inc. (CREBA) is a private non-stock non-profit corporation established under Philippine law. CREBA’s membership includes developers of land,housing subdivisions, condominiums, industrial estates, resorts, hotels and retirement facilities; home builders; brokers; building contractors; professionals in the fields of urban and environmental planning, architecture, engineering, and real estate management; property appraisers; financial advisors; and suppliers of land development and construction inputs.
66 YEARS OF COUNTRYSIDE BANKING
- February 7, 2022
Rang-ay Bank, founded on January 16, 1956 under then Republic Act 720, otherwise known as the Rural Bank Act of 1953 was established to promote comprehensive rural development with the end in view of attaining equitable distribution of opportunities, income and wealth; a sustained increase in the amount of goods and services produced by the nation and expanding productivity as a key in raising the quality of life for all, especially the underprivileged. The bank was established for the purpose of providing adequate credit facilities to farmers, fisherfolks, and small & medium scale enterprises and in general, the people of countryside communities on reasonable terms.
Rang-ay Bank, continues to be the biggest bank in its class in the Ilocos and Cordillera regions playing a vital role in the local economy by serving farmers, fisherfolk, micro, small and medium entrepreneurs and all those who seek to improve their lives by engaging in productive endeavors. It has consistently provided affordable and accessible credit to the agricultural sector, mSMEs and consumer loans. It offers borrowers a transparent application process with one of the lowest interest rates and fees in the market.
At 66, Rang-ay Bank is the oldest enduring bank in Ilocandia and one of the respected banks in the country, a stable and trustworthy financial institution bringing progress and prosperity to the communities it serves. At present, the bank has a total of 30 branches in the provinces of Ilocos Norte, Ilocos Sur, Abra, La Union, Benguet and Pangasinan. Continuing to hasten progress in the countryside through accessible and affordable banking services, the bank has become the biggest in Region I and Cordilleras.
