BSP Circular Letters BSP Circular Letter No. CL-2020-011BSP Circular Letter No. CL-2020-011 2020-02-26T00:00:00.000+08:00

Updated List of Accredited Rural Financial Institutions for the Purpose of lmplementing the Agri-Agra Reform Credit Act of 2009 (RA 10000)

BANcKo SenrnaL Ne Pu-rptNes OFFICE OF THE DEPUW GOVERNOR FINANCIAT SUPERVISION SECTOR crRcutAR LETTER NO. Cr-2020-01L To All Banks Subject: Updated List of Accredited Rural Financial Institutions for the Purpose of lmplementing the Agri-Agra Reform Credit Act of 2009 (RA 100001 Relative to the implementation of the Republic Act (RA) No. 10000 (The Agri-Agra Reform Credit Act of 2009) and in accordance with its lmplementing Rules and Regulations, the following are the Rural Financial Institutions (RFls) accredited by the Bangko Sentral ng Pilipinas (BSP) and the Agricultural Credit Policy Council (ACPC) and thereby issued with the corresponding Certificate of Accreditation (CA) bearing an Accreditation Reference Number (ARN) unique to the accredited RFI: t. RFls accredited by the BSP Date of ARFI ARN ofARFI Accreditation 1. Producers Savings Bank Corporation 2012020L-BSP-0002 07 February 2OL2 2. Rural Bank of Sta. Catalina, Inc. 201203L2-BSP-0004 t2March20!2 3. Common Wealth Rural Bank, Inc. 20L2L024-BSP-0009 24 octobet 20L2 4. Rural Bank of Angeles, Inc. 20t704r8-BSP-0015 19 April 2017 5. New Rural Bank of San Leonardo (Nueva 20t80226-BSP-0016 27 February 2018 Ecija), Inc. 6. First lsabela Cooperative Bank, Inc. 20181119-BSP-0017 19 November 20L8 (FrcoBANK) 7. Rural Bank of San Mateo (lsabela), Inc. 20181120-BSP-0018 20 November 2018 8. Cavite United Rural Bank, Corp. 20L9021L-BSP-0019 12 February 2019 9. Rang-Ay Bank, Inc. (A Rural Bank) 20L906t7-BSP-0020 17 June 2019 10. Rural Bank of Bay, Inc. 20200L29-BSP-0021 29 January 2020 il. RFls accredited by the ACPC Date of ARFI ARN of ARFI Accreditation 1. Gata Daku Multi-Purpose 2OL607 29 -DAIAC P C-090000 1 29 July 2016 Cooperative 2. Tago Agro-lndustrial 2OL607 29 -DAIACPC-0900002 04 August 2016 Development Cooperative 3. Lagawe Multi-Purpose 201607 29 -DAIAC P C-0 90000 3 18 August 2015 Development Cooperative (LMDc) 4. Lumad sa Adgawan Farmers 207607 29 -DA/ACPC-0900004 30 August 2015 M ulti-Purpose Cooperative (LAMPUFACO) 5. Tam-An Banaue Multi-Purpose 20 L6O7 29 -DAIAC PC-090000 5 30 August 201,6 Cooperative (TAM-AN BMPC) 6. Southern lloilo Area Multi- 20L60729-DAIACPC-0900006 21 September 2016 Purpose Cooperative (SIAMPC) A. Mabini St. Malate 1004 Manila, Philippines*(632) 7087701*www.bsp.gov.ph*[email protected]

ARFI ARN ofARFl Date of Accreditation 7. Diffun Saranay and Development 2OL6O729-DA/ACPC-0900007 21 September 2015 Cooperative (DISADECO) 8. llocandia Seed Growers Multi- 2O760729-DAIACPC-0900008 07 October 2015 Purpose Cooperative 9. Roxas Hybrid Seed Growers 2OI60729-DAIACPC-0900009 24 October 2015 Multi-Purpose Cooperative 10. Bukang Liwayway Multi-Purpose 20L60729-DA/ACPC-0900010 24 October 2015 Cooperative 1.1. Farmers Alternative for Self- Reliance Multi-Purpose 2076O729-DAIACPC-0900011 07 November 2O76 Cooperative (FASRMCO) 12. Sentrong Ugnayan ng Mamamayang Pilipino Multi- 20I60729-DAIACPC-0900012 25 November 2015 Purpose Cooperative (SUMAPI- MPC) 13. Kaagap Development Multi- 2OI60729-DAIACPC-0900013 29 December 2O76 Purpose Cooperative 14. Malapatan Multi-Purpose 20170505-DA/ACPC-0900014 05 May 2017 Cooperative 15. Kasibu Farmers Development 201706L9-DA/ACPC-0900015 19 June 2017 Cooperative 15. Cebu People's Multi-Purpose 20170519-DA/ACPC-0900016 19 June 2017 Cooperative 17. Talisay Primary Multi-Purpose 20170619-DA/ACPC-090001-7 L9 June 2077 Cooperative 18. Ang Paglaum Multi-Purpose 2OL7O7L7-DAIACPC-0900018 77 July 2OL7 Cooperative 19. Diadi OFW Multi-Purpose 2O770777-DAIACPC-0900019 17 July 20L7 Cooperative 20. Alima Multipurpose 2OI7O7I7-DAIACPC-0900020 t7 July2077 Cooperative 21. Nararagan Valley Multi-Purpose 2OL77LO6-DA/ACPC-0900021 05 November 2Ot7 Cooperative 22. Nueva Vizcaya Farmers And 20180302-DA/ACPC-0900022 02 March 2018 Livestock Raisers M ultipurpose Cooperative 23. Vizcaya Savings and Credit 20180413-DA/ACPC-0900023 13 April 2018 Cooperative 24. Nueva Segovia Consortium of 20181115-DA/ACPC-0900024 15 November 2018 Cooperatives 25. Rosario Multi-Purpose 20190121-DA/ACPC-0900025 21January 2019 Cooperative 26. Pandan Multi-Purpose 2OL9O22O-DA/ACPC-0900025 20 February 2019 Cooperative 27. Basak-Layog Agricultural Multi- 20190710-DA/ACPC-0900027 10 July 2019 Purpose Cooperative

THE ACCREDITATION DOES NOT SERVE AS AN ENDORSEMENT OF THE BSP OF THE SOUNDNESS OF THE ABOVE IISTED FINANCIAL INSTITUTIONS. The accreditation cannot be used for any purpose other than for implementing the provisions of the Agri-Agra Reform Credit Act of 2009 and its related rules and regulations. Under existing rules and regulations, a lending and/or investing bank intending to utilize its exposure to an accredited RFI to comply with the agri-agra report must disclose such exposure in its agri-agra report submitted to the BSP along with the RFls corresponding ARN. Exposure to the accredited RFI shall be eligible for determining compliance with the agri-agra requirement for as long as the said RFI remains validly accredited until sooner revoked for non-renewal or non-compliance with the qualification requirements prescribed under existing rules and regulations. In the event of disaccreditation, the lending/investing bank is allowed to use its exposure to a disaccredited RFI for compliance with the agri-agra requirement for a grace period of only up to the next reporting quarter following the disaccreditation. The Agri-Agra Report of the lending/investing bank shall be deemed defective if a disaccredited RFI is declared and used for compliance with the agri-agra requirement beyond the grace period. Hence, the above list of accredited RFls and their corresponding ARNs are being issued for reference and guidance of lending and/or investing banks. The above updated list of RFls accredited by the BSP and ACPC supersedes those listed under Circular Letter No. CL-2019-087 dated 19 December 2019. a7T-. G. FONACIER 2b F"brr"ry 2o2O

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