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Beyond the Outbreak

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.

Banks urged to go into microfinance

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.

Philippine firms honored in ASEAN Business Awards 2018

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 aims to hit goal of opening 200 branches...

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

DTI sets 2022 target for eliminating ‘5-6’ lending

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 aims to have 200 branches by year’s end

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...

CARD Bank launches mobile app

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

Advocating social good

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 extend more loans to small businesses

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