iGlobal Financial Services, Inc. (iGlobal.ph), a financing firm serving entrepreneurs by bridging the gap between traditional banking and alternative funding sources, has been granted a P500 million credit guarantee by the state-run Philippine Guarantee Corp. Seated (L-R): Celso R....
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,...
CAGAYAN DE ORO CITY – The Department of Social Welfare and Development (DSWD)-10 has confirmed that P62-million worth of guarantee letters issued to hospitals, pharmacies, and funeral homes in Northern Mindanao for financial and medical assistance this year remain unpaid. THE regional...
Camarines Sur 2nd district Rep. LRay Villafuerte (Facebook) Camarines Sur 2nd district Rep. LRay Villafuerte has raised before Department of Health (DOH) Secretary Teodoro Herbosa the issue on the supposed rejection of guarantee letters (GLs) under the...
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...
Speaker Martin Romualdez (center) assures the House support for initiatives to improve healthcare and allied services as well as various forms of assistance for cancer patients during a townhall meetings held on July 17, 2023 at the Philippine Children’s Medical Center (PCMC). Speaker Martin...
Ayala-led ACEN Corporation will be issuing $352 million worth of corporate guarantees as a support to loan payments of ACEN Cayman, one of its subsidiaries. The corporate guarantee has been approved by the company’s board of directors in their special meeting at the Grand Hyatt Hotel on Wednesday,...
Parañaque City's 1st District Rep. Edwin L. Olivarez distributed over 23 guarantee letters to constituents who sought financial assistance to defray the cost of hospitalization for their relatives and loved ones on Thursday, Aug. 18. The guarantee letters were addressed to various public and...
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...
BORONGAN CITY, Eastern Samar - Davao City Mayor Sara Duterte-Carpio won't act like the vice president Leni Robredo is to incumbent President Duterte if and when the UniTeam bet wins in the May 9 polls. Senator Ronald "Bato" dela Rosa (left) and Vice President Leni Robredo) Senator Ronald "Bato"...
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...
