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The ADB expects the Philippine economy to grow 4 per cent this year and 4.5 per cent next year, citing an improved export performance and an increase in domestic consumption as key factors. Although the figures were slightly lower than...
The state-owned Development Bank of the Philippines (DBP) has set aside an initial P5 billion for its factoring facility as…
#bank#funding#receivables
Small- and medium-sized enterprises (SMEs) make up an overwhelming 99.6 per cent of all firms in the Philippines. They provide…
#bank#exporters#interest rates
The policy-making body of the Bangko Sentral ng Pilipinas is waiving the reporting requirements for banks making certain un-restructured loans…
The government has been asked by the Davao City Chamber of Commerce to increase available funds to the two existing…
Brunei is keen to invest more in the Philippines, as a means to further develop the Brunei Darussalam-Indonesia-Malaysia-Philippines East Asian…
#ADB#Asian Development Bank#bank
Malacanang is planning to grant P1 million for each town in the Philippines as part of its P30 billion lending…
#banks#risk#SME lending
The Small and Medium Business Development Foundation (Philsmed) is seeking funding from the United States Agency for International Development (USAid)…
The Department of Trade and Industry will relax the collateral requirement on microbusinesses and small and medium enterprises (SMEs) for…
#assignment#risk#smes
The Philippine Stock Exchange marked its first full week of trading this year with the listing of Makati Finance Corp.,…
#investment#receivables
The Small Business Guarantee and Finance Corp. (SB Corp.), the lending arm of the Department of Trade and Industry for…
#bank#exporters#guarantees
The Philippine Monetary Board approved on 21 November 2002 a lower risk weight for banks’ SME and micro-finance loan portfolios…