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...
Senator Ralph Recto yesterday sought for an accounting of the funds being allocated to government financial institutions for lending to the micro, small and medium enterprises (MSMEs). Senator Ralph Recto (Senate of the Philippines / MANILA BULLETIN) This transpired at the Senate hearing for the...
Senator Ralph Recto yesterday sought for an accounting of the funds being allocated to government financial institutions for lending to the micro, small and medium enterprises (MSMEs). Senator Ralph Recto (Senate of the Philippines / MANILA BULLETIN) This transpired at the Senate hearing for the...
To comply with the reserve requirement, banks have released P14.9 billion more loans to micro, small and medium enterprises (MSME) for the month of September alone, based on Bangko Sentral ng Pilipinas (BSP) data. MB file photo. This brings the average daily balance of bank loans to MSMEs to P120.9...
As millions of battered micro, small and medium enterprises (MSMEs) across the country are emerging from their worst year, the Philippine Chamber of Commerce and Industry (PCCI), has issued an appeal for the grant of relief for stall and/or store lessees, specifically the small ones. Philippine...