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CDA recognizes excellence at 13th Gawad Parangal Awards - Vimarsana News

CDA recognizes excellence at 13th Gawad Parangal Awards

On Oct. 13, 2023, the Cooperative Development Authority (CDA) celebrated the 13th year of its Gawad Parangal Awards, a prestigious event that recognized outstanding cooperatives and key partners in the sector.

Cooperative Section launched at National Library of PH - Vimarsana News

Cooperative Section launched at National Library of PH

THE Cooperative Development Authority (CDA) and the National Library of the Philippines (NLP) have made a significant move to support cooperative education and deepen the understanding of the cooperative movement with the launch of a dedicated Cooperative Section at the NLP.

BSP wants more MSME guarantee/surety funding - Vimarsana News

BSP wants more MSME guarantee/surety funding

The Bangko Sentral ng Pilipinas (BSP) recommends higher guarantee funding to incentivize banks to lend more to micro, small and medium enterprises (MSMEs) as part of post-pandemic measures. BSP Governor Felipe M. Medalla said on Tuesday, July 26, that since temporary relief measures designed to su

Source: mb.com.ph
Some reality check on financial literacy - Vimarsana News

Some reality check on financial literacy

OF SUBSTANCE AND SPIRIT Diwa C. Guinigundo It is always good for public authorities to check their bearing before continuing their journey. It might be too late to reverse course. We recall almost 10 years ago when inclusive growth became imperative becauseour economic growth, while sustained,r

Source: mb.com.ph
P7B MSME loans released under CSF - Vimarsana News

P7B MSME loans released under CSF

BSP Governor Benjamin E. Diokno (Credit: BSP photo) Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno said that as of end-March this year, there are 55 CSFs nationwide and 14 are registered with the Cooperative Development Authority (CDA). By end-2021, Diokno said the number of CSFs will expand by another 15 to 70. “At least 15 more CSFs are expected to be registered by year-end with the rest likely to complete the process next year,” he said during his weekly online “GBED Talks”. MSME loans released via CSF started with only P36.9 million in 2009 to P2.08 billion by 2015,...

Source: mb.com.ph