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BSP says no loan moratorium during ECQ

ABS-CBN News
Posted at Aug 09 09:24 AM

The Bangko Sentral ng Pilipinas said it would no longer issue a mandatory moratorium or grace period for loans during the 2-week lockdown but clients could ask their banks for relief. Read more »

House OKs microfinancing bill on second reading

ABS-CBN News
Posted at Aug 04 06:02 PM

The House of Representatives on Wednesday approved on second reading a bill touted to replace the '5-6' lending scheme. Read more »

PH, Japan formalize 2nd tranche of loan for phase 1 of Metro Manila Subway

ABS-CBN News
Posted at Jul 27 04:54 PM

The Philippines and Japan have finalized the second tranche of the $2.3 billion loan for the Metro Manila Subway Project Phase 1, the Department of Foreign Affairs said Tuesday.  Read more »

ADB approves new $400 million loan to support youth employment in PH

ABS-CBN News
Posted at Jul 27 09:38 AM

The Asian Development Bank on Tuesday said it has approved a $400 million (P20.1 billion) loan to help expand the employment and skills program of the Filipino youth. Read more »

SSS unveils 'improved' version of mobile app

ABS-CBN News
Posted at Jun 30 03:11 PM

The Social Security System on Wednesday launched an improved version of its mobile application giving members easier access to services, the Department of Finance said Wednesday. Read more »

Globe inks total of P12-B loan deals with China Bank, PNB for capex

ABS-CBN News
Posted at Jun 24 12:53 PM

Globe Telecom on Thursday said it signed loan agreements with 2 local banks to finance its capital expenditures.  Read more »

BPI offering collateral-free loans to small businesses

ABS-CBN News
Updated as of Jun 16 07:06 PM

Bank of the Philippine Islands said Wednesday it is offering collateral-free loans to small and medium enterprises through its Business Banking segment, in cooperation with the Department of Trade and Industry.   Read more »

'Game-changer' vaccine drive to bring positive loan growth in Q3: BSP chief

ABS-CBN News
Posted at Jun 14 12:38 PM

Loans, which have been lagging for the last few months, could start growing positively again by the third quarter as the government's vaccination drive gains ground, Bangko Sentral ng Pilipinas Governor Benjamin Diokno on Monday said.  Read more »

Okay bang kumuha ng co-branded credit card?

Moneymax.ph
Posted at Jun 14 08:39 AM

Meron ka bang favorite brand of clothing? What about a go-to mall or restaurant? Isang airline lang din ba ang gamit mo when booking flights? Siguro panahon ng kumuha ng co-branded credit card nila para mas sulit ang bawat gastos mo. Alamin kung ano ito plus the perks and privileges sa guide na ito. Read more »

Mga nag-savings program, housing loan sa Pag-IBIG tumaas habang pandemya

ABS-CBN News
Updated as of Jun 10 03:22 PM

Sumipa ang bilang ng mga nag-savings program at housing loan sa Pag-IBIG Fund habang pandemya. Read more »

Philippines, France discuss 'possible' funding for first urban car cable system

ABS-CBN News
Posted at Jun 04 03:55 PM

Finance Secretary Carlos Dominguez said Friday he has met with Frech Ambassador to the Philippines Michèle Boccoz to discuss "possible funding" for several projects including the first urban car cable system in the country.   Read more »

Tips to grow your business

BDO
Updated as of Jun 08 02:50 PM

Keeping the business on track during the current situation is a daunting challenge, but unyielding entrepreneurs are always finding new ways to keep going. Read more »

LBC signs P1.6-billion loan deal with Union Bank for warehouse, land acquisition

ABS-CBN News
Updated as of Jun 01 09:24 AM

Proceeds of the loan will be used for the construction of its new warehouse, importation and installation of a sorting machine, and land acquisition via loan takeout, LBC express said. Read more »

Are 'Buy Now, Pay Later Loans' OK?

Moneymax.ph
Posted at May 31 09:26 AM

Kaliwa’t kanan ang mga sale ngayon. Kung mahina ang willpower mo, siguradong na-check out mo na ang mga nasa shopping cart mo. Ngunit paano kung medyo may kamahalan ang gusto mong bilhin at wala kang credit card or sapat na pambayad? Well, pwede kang mag-Buy Now Pay Later. Alamin kung ano ito in this short guide.    Read more »

Montenegro learns true cost of China-backed $1B road to nowhere

Olivera Nikolic, Agence France-Presse
Posted at May 27 02:53 PM

Two sleek new roads vanish into mountain tunnels high above a sleepy Montenegrin village, the unlikely endpoint of a billion-dollar project bankrolled by China that is threatening to derail the tiny country's economy. Read more »

BPI says to boost support for small, medium agri-related businesses

ABS-CBN News
Posted at May 25 03:11 PM

BPI on Tuesday said it would increase support for agriculture-related small and medium enterprises, through its Business Banking unit. Read more »

When ‘strangers’ come borrowing money

Aneth Ng-Lim
Posted at May 24 12:35 PM

It’s been years since I last spoke with a former work colleague, so getting a message from him saying hello was unexpected. Being polite, I had to reply and was surprised that his next message was requesting to borrow money. Read more »

4 personal loan fees you need to know

Moneymax.ph
Updated as of May 24 09:33 AM

Aware ka ba na aside from the loan amount, may iba pang fees and charges na kaakibat ang personal loan mo? Alamin kung anu-ano ang mga ito in this quick guide.    Read more »

Samoa to shelve China-backed port project under new leader

Jonathan Barrett, Reuters
Posted at May 20 09:34 AM

Samoa's expected new prime minister has pledged to shelve a $100 million Beijing-backed port development, calling the project excessive for the small Pacific island that is already heavily indebted to China. Read more »

Globe Telecom signs $100 million loan to fund capex

ABS-CBN News
Posted at May 17 02:09 PM

Globe Telecom signed a term loan facility with Bank of China (Hong Kong) for $100 million or around P4.8 billion to finance its capital expenditures, the company disclosed to the stock market on Monday.  Read more »