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                    [Title] => Microfinance loans up by 21% in 2019
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abtest

Microentrepreneurs get the support they need to restart and rebuild their businesses in the face of a global pandemic

August 28, 2021 - 3:59pm

In the face of these challenges, the Citi Microentrepreneurship Awards (CMA), which has recognized the achievements of hundreds...

Supplements

From Malabon to Koronadal, microentrepreneurs innovate to cope with crisis

August 12, 2021 - 9:00am

For these award-winning microentrepreneurs, the pandemic was an opportunity to introduce changes in the way they do busi...

Supplements

MultiSys, APPEND launch financial app to benefit 8.5 million microfinance members

April 14, 2021 - 1:02pm

Multisys Technologies Corporation and microfinance group APPEND launch AppendPay, an online system and mobile application...

Biz Memos

Microfinance loans up by 21% in 2019

By Lawrence Agcaoili | July 14, 2020 - 12:00am

Microfinance loans increased by nearly 21 percent to P27.3 billion last year from P22.6 billion in 2018 as more banks and microfinance-oriented institutions served the sector, according to the Bangko Sentral ng...

Business

RCBC unit supports microentrepreneurs

December 24, 2019 - 12:00am

A unit of Yuchengco-led Rizal Commercial Banking Corp. continues to build a financially inclusive community through microfinance....

Banking

BPI earnings up 3% to P23 billion in 2018

By Lawrence Agcaoili | February 21, 2019 - 12:00am

Ayala-led Bank of the Philippine Islands booked a three percent rise in net income to P23.08 billion last year from P22.42 billion a year ago due to higher interest earnings after a tightening cycle by the Bangko...

Business

Banks’ microfinace loans up 14.3%

By Lawrence Agcaoili | December 4, 2015 - 9:00am

The Bangko Sentral ng Pilipinas (BSP) reported a double-digit growth in microfinance loans as of end-June this year, providing financial stability to microentrepreneurs.

Business

APEC cites need for better access to financing

By Zinnia B. Dela Peña | March 6, 2015 - 12:00am

Delegates from Asia-Pacific Economic Cooperation (APEC) member-economies reiterated the need to improve access to finance and spread financial inclusion to low income households and small enterprises to promote a...

Business

RCBC income drops 16.7% to P4.41B

By Ted P. Torres | March 5, 2015 - 12:00am

Rizal Commercial Banking Corp. posted an unaudited consolidated net income of P4.41 billion in 2014, 16.7 percent lower than the P5.31-billion earnings in 2013.

Business

EIU names Phl number 1 in microfinance in Asia

By Ted P. Torres | December 8, 2014 - 12:00am

The Economist Intelligence Unit (EIU) has ranked the Philippines as microfinance leader in Asia, and third best globally in a study that covered 55 countries.

Business