The Bangko Sentral ng Pilipinas (BSP) and the Japan International Cooperation Agency (Jica) have jointly launched the Credit Risk Database Scoring Model to help lenders better assess the creditworthiness of small and medium enterprise borrowers, including those without credit history or adequate collateral. According to BSP Governor Felipe Medalla, this latest tool for banks was intended to bridge the funding gap for micro, small and medium enterprises (MSMEs) while enhancing the credit risk management of financial institutions using a data-dri ...
Rural and cooperative banks continued to do the heavy lifting in extending loans to micro, small and medium enterprises (MSMEs).
“Nag-aalala ka dahil nagmamahal ka (You worry because you care).” · This was the sentiment shared by Ms. Sharon Cuneta in her latest vlog for the Insular Life (InLife) Dreamweaver Series. “My life still had its ups and downs but generally I have been really fortunate. And while most of you will see me as an accomplished individual, believe it or not, I still have my own share of worries. I still worry about my kids, my husband, my family, which is just normal,” the mom of KC, Frankie, Miel, and Miguel said. ...
CNBC Select rounded up the best small business loans that can help you get the capital your business needs to operate successfully.
There’s no single credit score required for a business loan, but having a FICO score in the mid-600s will help you qualify.
The majority of small business owners today require some form of financing to stay afloat or cover expenses. Check out our guide for how to get a small business loan to improve your chances of gett...
The question arises as indeed, the Ninoy Aquino International Airport (Naia) is a riddle wrapped in a mystery inside an enigma, to borrow a line from Winston Churchill. Every Filipino, at least those who have flown at least once through the country’s primary gateway and have seen firsthand how badly it needs to be improved, would vote with their hands and feet for a better airport. Thus it is a bit of a headscratcher that advocacy group Kapisanan ng Nagtitiis na Mananakay would get a restraining order and eventually an injunction that will ul ...
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NEW YORK -Large US banks railed against new proposed capital requirements at a congressional hearing on Wednesday, joining Senate Republicans in casting the measures as crimping loans to everyday Americans. “This rule will make services so uneconomical, you will likely see two outcomes: many banks will simply stop offering certain products and services, and those that do will have to charge more for them just to make it worth the service,” said JPMorgan Chase Chief Executive Jamie Dimon. ...
“I would like to personally offer this award to our clients... its business banking app designed for small and medium... and a clear business strategy,” said Gyori. In his acceptance...