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Philippines

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 its program that aims to provide access to credit to small- and medium- enterprises (SMEs) in the countryside directly from...

#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…


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)…

#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

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