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This presentation was given during the Annual Visayas Rural Bankers Management Conference in Cebu on March 16, 2012.
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@15!
RBAP-MABS Participating Banks
• 120 participating rural banks
• 1,300 bank branches& OBOs
RBAP-MABS Activities
Accredited Technical Initiatives and Training
Private Sector Partnerships
Microfinance Products and Services
Regulatory Compliance
Local & International linkages
Factors Affecting Banks
Wider Consumer Choices
Multiple Borrowings & Over-Indebtedness
Interest Rate Transparency
RBAP Pricing Transparency Workshops for Visayas Rural Banks
Mar 13-14 Cebu
Mar 21 RBAP
April 10 RBAP
April 20 Iloilo City
April 25 Cagayan de Oro City
May 5 Bacolod
May 11 RBAP
More Discriminating Clients
Microinsurance
ATM Cards
Addressing the Needs of your Market
TRADITIONAL
MicrofinanceSalary LoansCommercial LoansAgriculture LoansDeposit ServicesRemittancesBill Payments
NEW
Housing MicrofinanceMicroinsuranceDebit/ATM/Cash CardsATM ServicesMicro-Agricultural LoansMobile Money ServicesMobile Phone BankingThird-Party Branchless
Banking Services
Inclusive Regulations Enabling Greater Outreach
MICRO BANKING OFFICES
• Micro Deposits (deposits/withdrawals)
• Micro Loan Disbursements and Collections
• ATMs• Electronic Money
Cash-in and Cash-out services
• Bill payments• Remittances• Government
Payments• Utility Payments
Micro Deposits
New Technologies & Channels
The rise of Mobile Banking Apps
Mobile Money Platforms
Today, Rural Banks Can Offer the Following Mobile Phone Banking
Services…
Card-based ATM Banking
Use of Third-Party Networks
Rural Bank Responses Market trend responses
o Product diversificationo Customer retention programso Introduce payment services
Competitive responseso Use MBOso Introduce micro-deposits & mobile money transfer to ‘up-sell’ other
products/servicesUse third-party networks to outsource
KYC & market bank services
Rural Bank ResponsesNew Technology Adoption
Deploy Cash/Debit Card Mobile Phone Banking “Agent” Channels Upgrade Core Banking Solutions Utilize the Power of Social Networks
Things to watch out ...
1. Pricing Transparency – Tiered Pricing
2. Credit Bureaus 3. Leverage Technology 1. Outreach
2. Competition 3. Efficiency
4. Social Networks - Crowdsourcing
Example of Crowdsourcing
Answers from the Experts
Answers from the Experts
M a r a ming
S a l a m a t!!!
EMAIL: [email protected]: @jvowens
Websites:www.rbapmabs.org
www.mobilephonebanking.rbap.orgmicroinsurance.rbap.org
www.youtube.com/rbapmabsFacebook:MABS Phil
