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23 June 2018 Saturday
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RURAL FINANCING INSTITUTION STATUS OF AGRIBANK RENEWED

AGRIBANK recently got the notice from the Bangko Sentral ng Pilipinas (BSP) to renew its status as an Accredited Rural Financing Institution (RFI) of the BSP. The letter, signed by BSP Director Vicente T. de Villa III disclosed that because of the satisfactory compliance of the bank with the requirements for the renewal of accreditation, AGRIBANK’s status as an accredited RFI was again extended and renewed for another year and will expire on July 16, 2016.
 
The renewal of accreditation of AGRIBANK once again showed that its loan portfolio remains substantially classified as Agri-Agra related as certified by the BSP. The Accreditation of AGRIBANK was granted last July 17, 2013 and has consistently been reviewed and renewed annually by the BSP.