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Philippines

Landbank to boost lending to SMEs

Land Bank of the Philippines (Landbank) aims to increase its loan allotment for priority sectors next year to 65% of its loan portfolio, or about P84 billion, from the current 60%. "We would try to hit 65% next year as...

P18B in SME loans under Sulong programme in first...

According to the government-run Small Business Guarantee and Finance Corp. (SB Corp) lending to small-and medium-sized enterprises (SMEs) reached a…


HSBC and DBP to support microfinance sector

The enthusiasm towards poverty alleviation has increased as The Hongkong Shanghai and Banking Corp. (HSBC) one of the global financial…

#ADB#bank#international


Rural bankers get assistance to improve SME credit access

The Rural Bank Association of the Philippines has entered into an agreement with two government agencies and a Philippine-German group…


The view from Taft

The prolonged credit crunch period brought about by the 1997 Asian crisis has precipitated the need to develop a credit…

#bank#bank loan#crisis


The view from the Taft

The prolonged credit crunch period brought about by the 1997 Asian crisis has precipitated the need to develop a credit…


Banks lending more to small- and medium- enterprises

Philippine banks have lent more funds to small- and medium- enterprises than the minimum 8 per cent the law requires,…

#bank#banks#compliance


Bangko Sentral ng Pilipinas (BSP) urged to make discount...

The chamber of Thrift Banks (CTB) has appealed to the Bangko Sentral ng Pilipinas (BSP) to make its rediscounting facility…


PBSP strengthens program to provide loans to SMEs

With strict policies set by banks and other lending institutions before it would grant loans, a non-government organization has strengthened…

#banks#financial institutions#international


PhilExim and Coface plan joint insurance protection initiative. Bigger...

The Philippine Export-Import Credit Agency (PhilEXIM) plans to enhance the insurance protection given to local exporters against risks of nonpayment…

#bank#export credit insurance#exporters


Fund for local SMEs announced.

Global fund manager Aureos Capital Ltd. and Planters Development Bank are pooling a US$20-million private equity fund for small and…

#awards#bank#emerging markets


Bank hedges on e-trade system to lift factoring, small...

The Development Bank of the Philippines (DBP) is hoping to speed up lending to small- and medium-sized enterprises (SMEs) by…

DBP grants factoring facility to SMEs

The Development Bank of the Philippines (DBP) has signed a memorandum of agreement (MoA) with the Integrated Telecommunications Suppliers Association…

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