Credit Guarantee Program News Today

While trade is a major part of the success of American agriculture, former long-time Minnesota Congressman Collin Peterson speaking at ........

Back in 2018, then president Duterte via Executive Order 58 consolidated the different guarantee funds and entities and created a new entity called the Philippine Guarantee Corp. whose portfolio the following year amounted to a staggering P216 billion.

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State-owned Philippine Guarantee Corp. (PHILGUARANTEE) posted record financing assistance to micro, small and medium enterprises (MSMEs) during the prolonged pandemic. Based on a report to the Department of Finance released on Monday, April 4, PHILGUARANTEE said its credit guarantee facilities t

MANILA - State-owned Philippine Guarantee Corporation (PhilGuarantee) has reached nearly PHP3 billion in financing assistance to micro, small and medium enterprises (MSMEs) through its credit guarantee facilities, in line with its key assistance role during the pandemic period that started in 2020. PhilGuarantee president and chief executive officer Alberto Pascual said the agency's credit guarantee portfolio for MSMEs registered a remarkable performance since the pilot implementation of the...

Over 20,000 entrepreneurs have received financing assistance from the Philippine Guarantee Corporation (PhilGuarantee) as of March, the Department of Finance (DOF) reported on Monday. The DOF said the cumulative releases for micro, small and medium enterprises (MSMEs) reached P2.95 billion as of March 10 this year. The assistance benefited 20,310…

Government-run Philippine Guarantee Corp. aims to guarantee P4.4 billion worth of loans extended to micro, small and medium enterprises as the sector continues to recover from the impact of the pandemic.

STATE-RUN Philippine Guarantee Corporation (PhilGuarantee) approved a total of P41.66 billion in micro, small, and medium (MSME) credit guarantees to 47 banks or financial institutions since the pandemic hit the country in March last year. In a statement, PhilGuarantee said it has so far issued combined total credit guarantees for…

Published May 5, 2021, 4:09 PM State-run Philippine Guarantee Corp. (PhilGuarantee) sustained the growth of its guarantee program for viable but pandemic-hit micro, small and medium enterprises (MSMEs) for the third straight month since its launch in December last year. The total loans guaranteed by PhilGuarantee reached P1.47 billion at end-March this year, the agency’s report submitted to Finance Secretary Carlos G. Dominguez III showed on Wednesday, May 5. Alberto Pascual, PhilGuarantee pr...