Rizal Philippines
July 28, 2016
I tried doing a bp myself. I am doing this for a rural bank which was just acquired and I was asked for advice on how to turn this around. The BSP requires a BP too:
I started getting the inputs Monday, I attended their informal meeting yesterday. I started working on this this morning and was done by 12:30
3 days from input to output of a draft 5 hours to draft What am trying to say: You can do it YOU CAN SUBMIT THE DRAFT
I Background:
The San Francisco bank was recently acquired from its former owners recently, (March) It was established on December 11, 1959 as the 235th rural bank to serve then the growing QC area area. It has because of its managementand owners kept up with the times. It stopped lending for a time, has only about 1.300 depositors
It has been acquired by a group headed by dynamic business woman who is engaged in construction, real estate, luxury goods trading and lending investor.
Its management team and Board of Directors: include:
1. Mr. AG President and Director former head of a chemical petrochem plant, and now heads the first solar manufacturing plant in the PHL
2. Mr EV - VP and Director, formerly from from two large commercial bank
3, Mr. EMR - Manager of Operations, formerly cluster head and Senior Manager at a Universal Bank
