Tag: microfinance

As our country continues to scramble for a response to the swelling pandemic, microfinance institutions have become a lifeline for entrepreneurs like farmers and fisherfolk, and will continue to play a significant role in our economy’s post-quarantine recovery. But without support, will this key industry survive the current crisis? Dr. Jaime Aristotle B. Alip explains.

THE BANKING INDUSTRY should tap the large microfinance market despite the challenges it poses as it is seen to contribute to the development of other sectors which use financial services and ultimately help boost economic growth.

To recognize the best and brightest in Southeast Asia’s business community, the ASEAN Business Advisory Council (ASEAN BAC) launched the annual ASEAN Business Awards...

BPI Direct BanKo Inc., the microfinance unit of Bank of the Philippine Islands (BPI), is set to hit its target of having 200 branches...

WITH added funding set aside for lending to micro, small and medium enterprises, the Department of Trade and Industry (DTI) said it hopes to eliminate the need for so-called “5-6” informal lenders by 2022.

BPI Direct BanKo, Inc., the micro-finance unit of Bank of the Philippine Islands (BPI), targets to have 200 branches at the end of the...

DAVAO CITY — A microfinance provider part of a huge group of companies that provides services to the poor is introducing its newly implemented...

There are many things that people would not forget about the visionary tycoon Washington Z. SyCip. These could be his accomplishments as a Philippine...

BANKS extended more loans to small businesses during the first quarter, latest data showed, with the central bank pushing lenders to offer more digital...