News Philippines Loans: [Vantage Point] DBP’s ₱36.2-B NPL exposure emerges as a state-level credit risk
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 to 442 borrowers
News Philippines Loans: ADB Commits $30 Million Loan to Support MSMEs in the Philippines
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 boost support for women-owned enterprises and promote inclusive growth in the Philippines.
News Philippines Loans: Bad loans of Philippine alternative lenders to decrease in 2022: study
The rate of their bad loans has hovered around 10% to 10.5%. The rate of alternative lenders’ bad loans in the Philippines is expected to decrease marginally in 2022 as employment continues to recover ...
News Philippines Loans: Pag-IBIG home loan releases surpass P100 billion
Pag-IBIG Fund has once again set a record-high as home loans breached P100 billion, even amid the ongoing pandemic, according to agency officials.