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The Planters Development Bank (PDB) announced on Thursday (30 October 2003) that they would be allotting P2bn (US$36m) in new lending activities to small- and medium-sized enterprises (SMEs) in Mindanao. Ma. Flordelis F. Arguenza, PDB president and chief operating officer,...
#bank#interest rates#international
The International Finance Corp. (IFC), the financing arm of the World Bank, is willing to provide financing for small- and…
The Development Bank of Philippines (DBP) has revived an instant working capital financing programme with a P5bn (US$90m) fund in…
#bank#conference#smes
The Securities and Exchange Commission (SEC) has approved PCI Leasing and Finance Inc.'s (PCILFI) application to register P100 million worth…
The banking industry's effort to dispose of its bad assets via the special purpose vehicle route is doomed to fail…
The US Overseas Private Investment Corp. (OPIC) has offered to back as much as $1 billion in future borrowings of…
The government released some P15 billion in loans to small- and medium-sized enterprises (SMEs) from January to September this year…
The small- and medium-sized enterprises (SMEs) only took up about 15 per cent of the total funds released to the…
#bank#guarantees#interest rates
The Monetary Board, the policy-making body of the Bangko Sentral ng Pilipinas (BSP), has approved in principle the offer of…
#bank#international#risk
The Securities and Exchange Commission (SEC) has formed a committee to look into the activities of financing companies and to…
#banks#regulation#SEC
The Asian Development Bank plans to make a loan of US$15m to the government's Philippine Export-Import Credit Agency (Philexim) to…
#ADB#bank#exporters
Private commercial banks, including government financial institutions, are in a scramble to service the microfinance sector and low-income households. The…
Despite commitments by financing institutions to fully support small- and medium-sized enterprises (SMEs), most entrepreneurs are still finding it hard…
#financial institutions#smes#trade