DOF Welcomes new PhilGuarantee President

Appointed to the PhilGuarantee Board of Directors by President Rodrigo R. Duterte, Alberto E. Pascual is the president and CEO of the Corporation, an entity rising from the merger of five Philippine Guarantee Programs and Agencies (PGPAs). Following Executive Order No. 58, s. 2018, PhilGuarantee is the renamed Philippine Export-Import Credit Agency (PhilEXIM). The agency is also known as the Trade and Investment Development Corporation of the Philippines (TIDCORP).

HGC and PhilExim Merger Effective August 31, 2019

WHEREAS, Executive Order No. 58, Series of 2018 (“EO 58”) dated 23 July 2018 mandated the Department of Finance to implement the merger of the Home Guaranty Corporation (HGC) and the Philippine Export-Import Credit Agency (PHILEXIM), the transfer of guarantee functions, programs and funds of the Small Business Corporation (SBC), and the administration of the Agricultural Guarantee Fund Pool (AGFP) and the Industrial Guarantee and Loan Fund (IGLF) to PHILEXIM