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The year 2005 probably won’t be as good as last year for Philippine enterprises, especially with the rising interest rate regime, said the new chief of Bank of the Philippine Islands. BPI president Aurelio Montinola IIII, in a recent briefing,...
#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…
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
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
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