First Microfinance Bank Recognized by BSP

 

Visionbank, Philippines: The first microfinance-oriented rural bank created for the purpose of retailing credit to small borrowers, has been approved by the Monetary Board (MB) as Bangko Sentral Ng Philippines (BSP) drives for the establishment of more lending institutions catering exclusively to micro-borrowers.

With location in Bato, Catanduanes, Visionbank would give micro-borrowers the access to banking services that is specialized in microfinance related banking services that small borrowers can't easily avail of with the other four banks in the province of Catanduanes, because they have to travel to the provincial capital to do so.

Visionbank has an authorized capital stock of P 80 Million, while its initial paid-up capital was P 9.03 Million. It is owned by the Agricultural and Rural Development for Catanduanes Inc. (ARDCI), a non-government organization, a spin-off organization of Catanduanes Agricultural Support Program (CatAg).

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Grameen Trust Programs for 2003
Dialogues, Workshops and Training

Grameen Trust in collaboration with Grameen Bank and the Grameen network partners will organize the following Grameen Dialogue Programs, Special Training Programs and Workshops for microcredit practitioners worldwide during 2002. Interested organizations or individuals that wish to participate are requested to write to Grameen Trust, Grameen Bank Bhaban, Mirpur 2, Dhaka 1216; Fax and Telephone : 880-2-8016319; E-mail: or

Grameen International Dialogue Programs

45rd Grameen International Dialogue
Murch.14 ~26, 2003
Bangladesh
46th Grameen -Commonwealth Dialogue
July. 19~31, 2003
Bangladesh
47th Grameen International Dialogue
October 4 ~ 16, 2003
Bangladesh

 

Grameen National Dialogue Programs

5th Grameen National Dialogue Program
November 16 - 20, 2003
Bangladesh

 
Grameen International Training Programs

Grameen Generalized Syatem
Feb. 01~ 10, 2003
Bangladesh
Grameen Basics
March, 2003
China
Grameen Basics
March, 2003
Indonesia
Grameen Basics
April 12 ~ 14, 2003
Bangladesh
Grameen Basics
Sept. 14 ~ 20, 2003
China

 

Grameen International Workshop Programs

Grameen Generalized System
Jan. 12 ~ 15, 2003
Bangladesh
Grameen Generalized System
March, 2003
Nepal
Grameen Generalized System
April 2003
Philippines
Loan Portfolio Quality
August 17 ~ 22, 2003
Tanzania
Microfinance in China
October, 2003
China
Business Planning
Dec. 7 ~ 12, 2003
Indonesia

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 Editor : Muhammad
Executive Editor : Khalid Shams 
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Lamiya Morshed 
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