SPECIAL FINANCING PROGRAMS

Rural banks have been allowed to participate in special financing programs for agricultural production
where the established funds are placed under the administration of the Bangko Sentral.
Special financing programs allowed:
1. Bangko Sentral International bank for Reservation and Development
2. Small Fishermens Special Credit Fund
3. Coconut Financing Program
4. Industrial and Guarantee Loan Fund Program
5. Livestock and Poultry Financing
6. Rice Production Program
7. Masaganang Maisan and Maisagana Programs
8. Gulayan sa Kalusugan
9. Financing Program for Fisheries Production and Development
DEPOSIT OPERATIONS
Types of deposits accepted by a rural bank
1. Demand deposit
2. Savings deposit
3. Time deposit
4. NOW Account
BORROWING OPERATIONS
The form or composition of reserves required against deposit liabilities which a rural banks shall hold
is as follows:
1. Rediscounting
2. Direct Borrowing
EQUITY INVESTMENTS
1.Warehousing companies
1. Companies processing facilities for agricultural crops such as rice and corn.
2. Companies providing drying facilities for agricultural crops such as rice and corn.
3. Insurance agencies
4. Safe deposit companies
5. Companies engaged exclusively in facilitating the marketing existing agricultural products.