Asia Link Finance Corporation (Asialink) has obtained an Issuer Credit Rating of PRS A plus (corp.), with a Stable Outlook, from Philippine Rating Services Corporation (PhilRatings) while it explores funding options. Asialink offers unsecured and secured credit facilities that cater to the...
Security Bank Corporation’s consumer finance arm SB Finance Corporation (SBF) has forged a deal with Grab Philippines to offer personal loans to Grab users, driver-partners, and merchant-partners. Under the partnership, users of the Grab app can apply for an SB Finance personal loan of up to P2...
GrowSari, a Philippine B2B E-commerce player, has raised US$30 million in funding to date from global marquee investors including China’s Tencent, International Finance Corporation, and the Gokongwei Group. 17716 Founded in 2016, GrowSari is a tech-enabled B2B platform that outfits Philippine...
SB Finance Corporation, a subsidiary of Security Bank Corporation, has partnered with e-commerce giant Lazada to provide Filipino marketplace sellers with multi-purpose loans of up to P500,000. In a statement, the firm said the loan is seen to help grow these businesses and encourage continued...
Security Bank Corporation’s consumer finance arm SB Finance Corporation (SBF) has launched a car title loan that provides vehicle owners quick access to cash in exchange for their car’s OR/CR (Official Receipt and Certificate of Registration). In a statement, the bank said Car4Cash will allow...
ORIX METRO Leasing and Finance Corporation (ORIX METRO), a unit of the Metrobank Group, was assigned a high issuer credit rating of PRS Aa plus (corp.)with a Stable outlook by Philippine Rating Services Corporation (PhilRatings). A company rated PRS Aa (corp.) differs from the highest rated...
The National Home Mortgage Finance Corporation (NHMFC) has raised a total of P319.32 million with the closing of its fourth securitization transaction called ‘BALAI Bonds 2’, for a portion of its Residential Loan portfolio. The transaction consists of one tranche of Senior Notes and one tranche...
