The financing will help reach underserved and unserved entrepreneurs, particularly in rural and hard-to-access areas where traditional banking services remain limited.
The Philippines secured an $800-million loan from the World Bank to widen the country's adoption of renewable energy, bolster its electricity market and improve its water utility management. Image by ...
MANILA, Feb. 7 (Xinhua) -- The Asian Development Bank (ADB) has signed a 30-million-U.S.-dollar loan to Fuse Financing Inc., the lending arm of the Philippines' largest e-wallet provider GCash, to ...
This press release is sponsored by GCash and was handled by BrandRap, the sales and marketing arm of Rappler. No member of the news and editorial team participated in the publishing of this piece.
Philstar.com on MSN
Bank lending standards seen steady in Q1
MANILA, Philippines — Banks are expected to keep lending standards largely unchanged in the first quarter of 2026, even as ...
MANILA, Dec 10 (Reuters) - The Asian Development Bank has approved a $400 million policy-based loan to support the Philippines' efforts to make it easier for investors to do business in the country.
Tonik, the Philippines’ digital-only neobank, recently announced that it has achieved steady growth in its consolidated loan portfolio and revenue in the first half of 2024. In 2023, Tonik claims that ...
Most Philippine banks intend to maintain their current credit standards for both businesses and households through the first ...
Tonik Digital Bank, the Philippines’ first digital-only neobank, revamped the Big Loan, a multipurpose loan catering to a wider range of Filipinos’ financial needs. First launched in 2023, the Big ...
(percentage change on year earlier) Total loans with reverse repurchase (RRP) deals 13.6 12.4 8.9 10.3 9.1 10.2 Total loans net of RRP 12.3 11.0 8.9 9.0 8.4 9.8 Seasonally adjusted data (percentage ...
ADB has signed a $30 million loan to Fuse Financing Inc. to help expand access to credit for micro, small and medium-sized enterprises (MSMEs) through a digital lending platform. The financing will ...
Based on documents obtained by Vantage Point from reliable sources, DBP is carrying around ₱36.21 billion in non-performing loans (NPLs), most of which were granted during the Duterte administration t ...
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