State-owned Philippine Guarantee Corporation (PhilGuarantee) extended loan guarantees totaling P236.98 billion to support small businesses last year, the Department of Finance (DOF) said. In a statement, Finance Secretary Ralph G. Recto, who also serves as the chairperson of PhilGuarantee,...
State-owned Philippine Guarantee Corp. (Philguarantee) has teamed up with the Center for Agriculture and Rural Development (CARD) Inc. to provide support to the local farming sector. Alberto Pascual, Philguarantee president and chief executive officer, announced the signing of a guarantee agreement...
In photo (L-R): Mr. Alberto E. Pascual – Philippine Guarantee President and CEO, Mr. Lawrence Y. Ferrer – Bayad President and CEO, Mr. Francispito P. Quevedo – Bayad Senior Vice President and Chief Operating Officer, and Mr. Rafael P. Delos Santos – Philippine Guarantee SVP and Group Head...
State-owned Philippine Guarantee Corp. (PHILGUARANTEE) posted record financing assistance to micro, small and medium enterprises (MSMEs) during the prolonged pandemic. Based on a report to the Department of Finance released on Monday, April 4, PHILGUARANTEE said its credit guarantee facilities to...
Two years following its merger, state-run firm Philippine Guarantee Corp. (PHILGUARANTEE) spearheaded in its performance during the second year of the pandemic, with net income jumping by almost two-fold, the Department of Finance (DOF) reported. PHILGUARANTEE is the result from the merger of two...
The Philippine Guarantee Corp. (PhilGuarantee) is on track to hit its guaranteed loan target to the agriculture sector this year, the Department of Finance (DOF) said. In a statement released by the DOF, Alberto Pascual, PhilGuarantee president and chief executive officer said their guaranteed...
State-run Philippine Guarantee Corp. (PhilGuarantee) sustained the growth of its guarantee program for viable but pandemic-hit micro, small and medium enterprises (MSMEs) for the third straight month since its launch in December last year. The total loans guaranteed by PhilGuarantee reached P1.47...
Loan guarantees for micro, small and medium enterprises (MSMEs) accelerated in the first two-months of the year due to improved processing and evaluation parameters, the state-run Philippine Guarantee Corp. (PhilGuarantee) said. Alberto Pascual, PhilGuarantee president and chief executive...
The Philippine Guarantee Corp. (PhilGuarantee) has extended P180.67 billion only in loan guarantees in 2020 as against the P655 billion credit guarantee lines opened for businesses as economic activities substantially slowed down during the pandemic year. In a report to Finance Secretary Carlos...
State-run Philippine Guarantee Corp. (PhilGuarantee) has set aside facilities to help micro, small and medium enterprises (MSMEs) recover from the coronavirus-induced economic crisis. Alberto Pascual, PhilGuarantee president and chief executive, said they have earmarked P42.3 billion in credit...
