Bank lending grew in June but was relatively flat from the previous month as high interest rates tempered demand for consumer and business loans.
The National Economic and Development Authority (Neda) Board chaired by the President has given its go-ahead to modernize and automate processes at the Bureau of Customs (BOC). ; Socioeconomic Planning Undersecretary Jonathan L. Uy said the Neda Board’s approval of the P5.4-billion Philippine Customs Modernization Project was secured last May 13. ; Customs Commissioner Rey Leonardo B. Guerrero told the Inquirer that the BOC was “hoping to have the project started soon,” although they were still awaiting approval of the World Bank loan.
The Bangko Sentral ng Pilipinas (BSP) wants small cooperatives and small businesses to have better access to loans that...
A state-owned company under the Department of Trade and Industry (DTI) is opening a P1-billion loan facility that will be made available to micro and small companies when the quarantine is lifted. Small Business Corp. is setting up the fund under a loan program called Pondo sa Pagbabago at Pag-asenso, which the Duterte administration had earlier launched to help small businesses and prevent them from resorting to loan sharks. The facility is called P3-ERF (enterprise rehabilitation financing), a...
Quick loan with an online application ; Conventional financing ; Owner-occupied or investment property ; Government-backed loans ; Essential business asset financing ; PPP loan forgiveness
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. ...
The sugar firm has not honored these as legitimate loans since it’s Nonemarco who contracted them. The parent company also denied liability, arguing that these claims “lacked any...
Yoo Ha-jin, 27, looks at a building where she lives in Seoul, South Korea, Feb 21, 2023. REUTERS/Kim Hong-Ji/File photo
A combination file photo shows Wells Fargo, Citigbank, Morgan Stanley, JPMorgan Chase, Bank of America, JPMorgan, and Goldman Sachs from Reuters archive. REUTERS/File Photo
CNBC Select rounded up the best small business loans that can help you get the capital your business needs to operate successfully.