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Philippines

Government discusses ways to boost SME bank loans

Government agencies met at the central bank last week to discuss ways to spur banking lending to SMEs, which remains lethargic despite a government financing programme for the sector. Trade and Industry Secretary Cesar V. Purisima said after the meeting...

#bank#liquidity#SME lending

SMEs are the cornerstone of Philippine economic agenda

The trade secretary of the Philippines, Cesar V. Purisima, yesterday said more people should start up small- and medium-sized enterprises,…

#economy#forum#smes


Arroyo seeks more lending for SMEs

The Arroyo administration wants to triple government and private sector lending to small- and medium-sized enterprises (SMEs) in order to…


DBP pioneering factoring programme get SBL exemption

Bangko Sentral ng Pilipinas (BSP) governor Rafael Buenaventura announced that the policy-making Monetary Board has approved a request from state-owned…


Asian Development Bank to lend US$40m to SMEs

The Asian Development Bank (ADB) is willing to granting US$40 million worth of loans to help develop the country's small-…


PCI Leasing & Finance income dropped sharply to P258m...

PCI Leasing and Finance Inc. saw its profits drop sharply last year as it moved to set aside funds to…


DBP sets up e-market for SMEs’ receivables

The state-controlled Development Bank of the Philippines (DBP) will launch a new marketplace this month for receivables of small- and…

#bank#banks#IBM


Price may cause Government to drop currency swap deal...

The government said it may dump the proposed currency swap deal with the Asian Development Bank if the multilateral agency…


Banks should support small businessmen

Addressing the Confederation of Central Luzon Rural Banks at a forum in Makati City yesterday afternoon, presidential candidate Raul Roco…

#banks#forum#i


Arroyo earmarks US$358m for SME loans

President Gloria Macapagal Arroyo has earmarked the release of P20 billion (US$358 million) this year to small- and medium-scale enterprises…

#bank#conference#smes


DTI looks to revise November exports statistics

The Department of Trade and Industry (DTI) has insisted that Philippine exports grew by at least 18 per cent last…

#exporters#exports#management

SMEs get P16.65bn in loans

Small- and medium-sized enterprises (SMEs) in the country received a total of P16.65bn (US$300m) in loans last year through the…

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