Extending support to affected sectors of the COVID-19 crisis, state-run Philippine Guarantee Corporation (PHILGUARANTEE) has provided financial assistance such as moratoriums on loan payments and credit guarantees, alongside other relief and support measures for micro, small and medium enterprises (MSMEs) and for its clients in the agriculture and housing sectors.
PHILGUARANTEE opens Credit Guarantee Facility for COVID-19-affected MSMEs
As part of its assistance measures, the Philippine Guarantee Corporation
(PHILGUARANTEE) has made available a credit guarantee facility to support the government’s recovery program to “bounce back” the economy that is reeling the effects of the global COVID-19 pandemic, President and CEO Alberto Pascual announced yesterday.
PHILGUARANTEE appointed as Program Manager of WORLD BANK funded Projects
PHILGUARANTEE appointed as Program Manager of WORLD BANK funded Projects On March 27, 2020 The WORLD BANK informed the Department of Finance that its team has completed the due diligence of PHILGUARANTEE with the following results: (1) PHILGUARANTEE hurdled WORLD BANK’s eligibility criteria for financial intermediaries and is eligible to be the Program Manager of continue reading : PHILGUARANTEE appointed as Program Manager of WORLD BANK funded Projects