When we came into office, we immediately implemented reforms in existing policies to ensure business continuity,” Marcos said. Among the reforms and policies of the Marcos administration...
The Social Security System (SSS) on Thursday announced that members and pensioners affected by the onslaught of Severe Tropical Storm Kristine could immediately avail salary and pension loans for their monetary needs. “As part of our proactive response to the urgent financial needs of our members and pensioners during natural calamities, the SSS loan programs are readily available to support their recovery,” SSS Senior Vice President for Lending and Asset Management Group Pedro Baoy said in a statement. ...
Refinancing a business loan replaces your existing debt with a new loan, ideally to get lower payments, a lower interest rate or to pay off your debt sooner.
CitySavings has a business model that gives us a strategic opportunity to expand our customer franchise, and an existing... into broader civil servant and payroll loans market segments.”
The types of small business loans available to your business depend on how much you need and how much you can afford to borrow.
UnionDigital Bank, the digital banking arm of Union Bank of the Philippines, expects to end this year with the largest loan book among its peers in the highly competitive new banking category. UnionBank president Edwin Bautista said UnionDigital would likely end 2022 with a loan portfolio of P4.8 billion and a customer base of 1.7 million. The digital banking startup was launched only four months ago. The only platform among the six Bangko Sentral ng Pilipinas (BSP)-licensed digital banks that is owned by an existing bank, UnionDigital deviates ...
evaluate existing regulations and identify barriers to business operations. It also called for regulatory impact assessments to gauge the effectiveness of proposed business regulations...
Free business loan calculator that deals with complex repayment options and returns real APR/cost of a business or SBA loan. Learn more about business loans.
A centralized national credit bureau under a fledgling government-owned and -controlled corporation called Credit Information Corp. (CIC) is expected to start operations under the auspices of the Securities and Exchange Commission by December next year. In a recent press briefing, SEC Chair Teresita Herbosa said CIC was now in the process of procuring computer systems and establishing the network to finally jump-start operations. CIC has budgeted about P100 million to set up its information tech...
The Duterte administration has stopped the planned merger of state-run lenders Development Bank of the Philippines and Land Bank of the Philippines that was given the go-ahead by former President Aquino early this year. In a statement Tuesday, Department of Finance (DOF) spokesperson Paola Alvarez said that an en banc resolution of the Governance Commission for Government Owned and Controlled Corporations (GCG) “resolved to cancel the implementation” of Executive Order (EO) No. 198 issued by...