MALACAÑAN PALACE
MANILA

BY THE PRESIDENT OF THE PHILIPPINES

[ Proclamation No. 1248, March 6, 2007 ]

DECLARING THE SECOND WEEK OF MARCH OF EVERY YEAR AS “BANKERS INSTITUTE OF THE PHILIPPINES (BAIPHIL) TRAINING AND DEVELOPMENT WEEK”

WHEREAS, the Bankers Institute of the Philippines (BAIPHIL) was organized in 1941 with the mission of providing support to banks towards productivity enhancement through research, information exchange and education;

WHEREAS, the BAIPHIL is widely acknowledged as a leading training institute - the training provider of choice not only for banking-related seminars but more significantly for corporate governance courses as well;

WHEREAS, the BAIPHIL, comprises the senior executives of its more than 60 institutional members and is a member of the Asian Pacific Association of Banking Institutes (APABI); 2007lawsprem

WHEREAS, the BAIPHIL, has played a critical role in the development and advancement of the Philippine banking industry in the last sixty five years that it has been in existence;

WHEREAS, it is imperative that the tradition of excellence in training and development that the BAIPHIL has nurtures and inculcated among its members be institutionalized, preserved and be further propagated.1aшphi1

NOW, THEREFORE, I, GLORIA MACAPAGAL-ARROYO, President of the Republic of the Philippines, by virtue of the powers vested in me by law, do hereby declare the second week of March of every year as “Bankers Institute of the Philippines (BAIPHIL) Training and Development Week”.

IN WITNESS WHEREOF, I have hereunto set my hand and caused the seal of the Republic of the Philippines to be affixed.

Done in the City of Manila, this 6th day of March, in the year of Our Lord, Two Thousand and Seven.

(Sgd.) GLORIA MACAPAGAL-ARROYO

By the President:

(Sgd.) EDUARDO R. ERMITA
Executive Secretary


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