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Philippines

BPI to increase loan portfolio for SMEs

The Bank of the Philippine Islands (BPI) said it was expanding its loan exposure to small and medium enterprises (SMEs) by about P2 billion this year. Melecio Kimpo, BPI vice president and provincial lending head, said the bank's outstanding loan...

#bank#management#risk

PhilEXIM lowers fee rate

The Philippine Export-Import Credit Agency (PhilEXIM) has approved a package of measures that would reduce the cost to exporters of…

#exporters#guarantees#risk


Lending window to SMEs widened by P2bn

The BPI Family Savings Bank, the Philippines bank, is increasing lending to small- and medium-sized enterprises (SMEs) by another P2bn…

#bank#small businesses#smes


Banks allowed to buy more SME receivables

The Monetary Board has relaxed the single borrowers limit (SBL) on banks buying trade receivables from small and medium scale…

#bank#capital requirements#smes


PhilEXIM lending soars

Philippine Export-Import Credit Agency's (PhilEXIM) total loan releases grew more than three times during the first half at P159.08 million,…

#exporters#financial institution#guarantee


SB Corp. loans to SMEs reach P1.4bn in first...

Small Business Guarantee and Finance Corp. (SB Corp.) lent P1.42 billion to small- and medium-sized enterprises (SMEs) during the first…

#bank#interest rates#small business


New electronic marketplace to trade accounts payable

San Miguel Corp. and Shoemart Inc. have approved the trading of their accounts payable to small- and medium-sized enterprises (SMEs)…


SME banks avoid ban on new branches

The central bank's policy-making Monetary Board has approved a proposal to lift the moratorium on new bank branches provided that…

#bank#regulation#SME lending


Government discusses ways to boost SME bank loans

Government agencies met at the central bank last week to discuss ways to spur banking lending to SMEs, which remains…

#bank#liquidity#SME lending


SMEs are the cornerstone of Philippine economic agenda

The trade secretary of the Philippines, Cesar V. Purisima, yesterday said more people should start up small- and medium-sized enterprises,…

#economy#forum#smes


Arroyo seeks more lending for SMEs

The Arroyo administration wants to triple government and private sector lending to small- and medium-sized enterprises (SMEs) in order to…


DBP pioneering factoring programme get SBL exemption

Bangko Sentral ng Pilipinas (BSP) governor Rafael Buenaventura announced that the policy-making Monetary Board has approved a request from state-owned…

Asian Development Bank to lend US$40m to SMEs

The Asian Development Bank (ADB) is willing to granting US$40 million worth of loans to help develop the country's small-…

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