The Asian Development Bank (ADB) has approved another policy-based loan, this time worth $500 million (P24.3 billion), to strengthen the Philippines’ resilience to disasters. In a statement on …
(Xinhua) — The Asian Development Bank (ADB) on Thursday approved a 500-million-U.S. dollar policy-based loan to allow the Philippines’ quick access to emergency financing in the event of disasters …
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Awash with cash, banks continued to snub the peso rediscounting loan facility of the Bangko Sentral ng Pilipinas (BSP) for the fourth straight month in August as measures aimed at softening the blow …
Loan applications approved under a program to help micro and small enterprises weather the coronavirus disease 2019 pandemic …
Philippine Banks Warn of $82 Billion Cash Squeeze on Delay of Loan Payments – Banks in the Philippines warn their cash flow may be reduced by as much as 4 trillion pesos ($82 billion) should a bill that seeks to delay loan payments by a year becomes a law. The plan could …
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