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Philippines

Small Business Corp. reports record high in SME lending

Lending to micro, small and medium enterprises (MSMEs) by state-owned Small Business Corp. (SBC) reached a record high of P4.2 billion in 2010... (more…)

#guarantees#international#small business

ADB calls for Govt to examine lending policies to...

The Asian Development Bank has called for the Government of the Philippines to reassess its policy of requiring banks to…

#ADB#Asian Development Bank#bank


MSMEs benefit from govt loan scheme

The government's lending program for MSMEs continues to provie vital, having lent a total of 4.53 billion euros to some 5.6…


Go Negosyo beefs up support for MSMEs

Go Negosyo, the Philippine Center for Entrepreneurship, is strengthening its support for micro, small and medium-sized enterprises in the country (more…)

#Executive Committee#management#MSME


Philexim eyes more loans and guarantees to SMEs

State-run Philippine Export-Import Credit Agency (Philexim) is aiming to increase the amount of loans and guarantees extended to small- and medium-sized enterprises…

#exporters#guarantees#international


Philippine banks may lose the borrowers to the informal...

Micro and small enterprises will be exempted from submitting income tax returns and annual financial statements when taking out a…

#bank#international#small businesses


MSMEs stand to get more funds with new law

Micro, small, and medium-sized enterprises now have a better chance of securing loans as the Magna Carta for MSMEs raises…


Government lends P126bn to SMEs in 4 years

The Arroyo administration has extended loans worth P126bn to 80,779 as part of its efforts to create six million new…

#Jobs#small business#smes


Banks' bad loans-to-total loans ratio seen at 4%

The Bangko Sentral ng Pilipinas (the Philippine central bank) expects the commercial banking sector's stock of bad loans to end…

#bank#banks#crisis


SMEs now tapping export fund

Exporters are now scrambling for assistance under the Export Promotions Fund, which was largely untapped until last month, as they…

#exporters#funding#Jobs


LandBank lending to priority sectors hits record high in...

The Land Bank of the Philippines said lending to its priority clients hit a record last year. (more…)


Bank adopts new SME lending approach

Bank lending to SMEs has been falling short by P67bn to P180bn of the sectors yearly funding requirement despite government…

#bank#international#management

Roxas sees speedy passage of SME law amendments

Senator Mar Roxas is confident that the Senate will pass a bill providing assistance to MSMEs by amending the Magna Carta…

#exporters#guarantee#small business

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