Philippine Guarantee Corporation (PHILGUARANTEE) signed on July 6, 2021 a Memorandum of Understanding (MOU) with the 1,500 member-strong Philippine Constructors Association, Inc. (PCA), an association of Philippine contractors since 1945.
Philippine Guarantee Corporation (PHILGUARANTEE) has evaluated and processed a total of P1.094 Billion in loan guarantee claims from January to December 2020.
The Philippine Guarantee Corp. (PhilGuarantee) has increased the amount of loans it guaranteed for micro, small and medium enterprises (MSMEs) as of end-February this year by 360 percent to P952.5 million, from just P207 million as of December 2020.
The Philippine Guarantee Corporation (PHILGUARANTEE) has maintained its ISO 2001:2015/ISO/IEC 27001:2013 certification after successfully passing the first Surveillance Audit (FSA) conducted by TUV Rheinland in December 2020. PhilGuarantee received its ISO re-certification on 05 January 2021, which will be valid from January 2021 to July 2022.
The Philippine Guarantee Corporation (PhilGuarantee), the sole credit guarantee institution of the Republic of the Philippines, has approved an additional PhP 35.0 Billion worth of housing guarantee facilities to leading banks BDO Unibank, Inc., Philippine National Bank (PNB) and Rizal Commercial Banking Corporation (RCBC).