In my five years of experience in the real estate industry, I've observed a growing trend among investors who prefer acquiring properties without paying in cash. Developers are increasingly offering pre-selling projects, allowing buyers to lock in prices and make manageable monthly payments....
National Home Mortgage Finance Corporation (NHMFC) is raising P533.1 million from its proposed sixth securitization transaction for its NHMFC Bonds 2023. Philippine Rating Services Corporation (PhilRatings) announced that it has assigned Final Issue Credit Ratings of PRS A plus to the P290.0...
Ayala Land Inc. (ALI) and the International Finance Corporation (IFC) have signed a Memorandum of Understanding (MOU) for a partnership that would help accelerate the transition of the Philippine property sector toward net zero. Under this historic agreement, ALI and its real estate investment...
The International Finance Corporation (IFC), a member of the World Bank, has agreed to invest $250 million in a green bond to be issued by Bank of the Philippine Islands (BPI) of the Ayala Group. In a disclosure to the Philippine Stock Exchange, BPI said this is the biggest deal IFC has done with a...
CAPITAL MARKET DEVELOPMENT THRU NHMFC’S SECURITIZATION PROGRAM. Key officials and Alternate Board of Directors of the National Home Mortgage Finance Corporation (NHMFC) paid a courtesy visit to the newly appointed Bangko Sentral ng Pilipinas Governor Eli Remolona. NHMFC is the sole...
National Home Mortgage Finance Corporation (NHMFC) has closed its fifth securitization exercise called “BALAI Shelter Compliance ABS” involving total issuance worth around P715.152 million. Securitized is a portion of the socialized housing loan portfolio NHMFC acquired from the Home...
In the Philippines, many adult Filipinos still find it difficult to apply for loans. However, the heavy demand for digital transactions and experiences, accelerated by the Covid-19 pandemic, brought opportunities that led to revolutionizing lending to unbanked Filipinos towards a more...
BDO Unibank, Inc. (BDO) has raised $100 million from the issuance of its maiden Blue Bond through an investment from the International Finance Corporation (IFC). In a statement, the bank said this issuance will expand financing for projects that help prevent marine pollution and preserve clean...
In a bid to save lives, AstraZeneca Philippines has signed an agreement with Security Bank Corporation and SB Finance to provide cancer patients with easier funding options for diagnostics and long-term treatment. In a statement, Security Bank said the Cancer Care Ecosystem Funding Partnership is...
Bulk purchase of housing loan receivables in the offing Housing developers and originators participated in the consultation meeting spearheaded by NHMFC Securitization Group Vice President, Maria Luisa Favila, to gather insights on the proposed HLRPP Bulk Purchase Scheme. The National Home Mortgage...
The International Finance Corporation has invested $100 million through a private placement of social bonds issued by Ayala Corporation subsidiary AC Health to help the development of the country’s healthcare sector. The $100-million social bond, which is first of its kind earmarked for...
Millennial Resorts achieves the first EDGE certification for Resort Hospitality in the Philippines TRANQUILITY EDGE-Certified Millennial Resorts feature the Cocoons and Club Laiya Millennial Resorts has achieved the very first EDGE (Excellence in Design for Greater Efficiencies) certification for a...
