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PCI Leasing & Finance Inc. says it will increase its authorised capital stock to P3.42 billion from P1.82 billion. The financing arm of Equitable PCI Bank will issue P1.18 million to all stockholders upon the approval of the Securities and...
The government will set aside up to P28bn in loans for small- and medium-sized enterprises (SMEs) this year, P5bn more…
#bank#funding#guarantee
The Small and Medium Enterprise Development Council (SMEDC), the primary agency involved in the promotion, growth and development of the…
#funding#management#smes
The year 2005 probably won’t be as good as last year for Philippine enterprises, especially with the rising interest rate…
#bank#interest rates#management
The entire banking system provided smaller amounts for loans to small- and medium-sized enterprises (SMEs) in the second quarter, but…
Land Bank of the Philippines (Landbank) aims to increase its loan allotment for priority sectors next year to 65% of…
According to the government-run Small Business Guarantee and Finance Corp. (SB Corp) lending to small-and medium-sized enterprises (SMEs) reached a…
The enthusiasm towards poverty alleviation has increased as The Hongkong Shanghai and Banking Corp. (HSBC) one of the global financial…
#ADB#bank#international
The Rural Bank Association of the Philippines has entered into an agreement with two government agencies and a Philippine-German group…
The prolonged credit crunch period brought about by the 1997 Asian crisis has precipitated the need to develop a credit…
#bank#bank loan#crisis
Philippine banks have lent more funds to small- and medium- enterprises than the minimum 8 per cent the law requires,…
#bank#banks#compliance
The chamber of Thrift Banks (CTB) has appealed to the Bangko Sentral ng Pilipinas (BSP) to make its rediscounting facility…