Establishing Business Growth for Rural Banking

RBAP

With most rural banks still operating on manual processes and traditional systems, the need to explore business tools and solutions is necessary to ensure consistent development and efficiency in the expanding digital age.

In an effort to further empower the rural banking industry, PLDT SME Nation continues to provide avenues for the Rural Bankers Association of the Philippines (RBAP) to learn how they can leverage on innovative technologies that ensure disaster recovery and back-up of company data, in compliance with BSP regulations for rural banks.

PLDT SME Nation brought together the 2016 Board of Directors of its longtime partner at the recently-established PLDT VITRO Data Center in Makati, where they witnessed firsthand on why turning to technology remains beneficial for them and their constituents.

PLDT Colocation, a service that allows physical servers to be located at an off-site location handled by PLDT, rural banks can easily manage their business’ data. PLDT personnel handle server maintenance, power requirements, and cooling.

Not only can banks save on office space by storing servers outside of their buildings, but they can also reallocate their time into focusing on growing their business rather than monitoring the condition of their servers. PLDT Colocation until this day has not had any recorded down-time for any data center, ensuring that the data stored in the servers is fully secure.

By bringing digital services at the grassroots, PLDT Smart SME Nation helps its partners like RBAP extend their reach, enhance their efficiencies and make it big in the expanding digital nation.

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