Category: Uncategorized

Gov’t guarantees P37.5B in bank loans to SMEs

In its bid to make available loans to small businesses badly hit by the COVID-19 crisis, the state-run Philippine Guarantee Corp. (Philguarantee) has green-lit P37.5 billion in credit guarantees as of end-June. Philguarantee said the total credit guarantee facilities it approved during the second quarter covered 22 accredited banks serving micro, small and medium enterprise […]

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