Banking & Insurance
How Security Bank helped WeeComm grow into a lead property developer
When Cesar L. Wee, Jr. stepped away from his family’s successful business to start his own property development company, he needed to find a bank that was willing to give him the funding necessary to turn his real estate dreams into reality.
Non-bank financial institutions team up for SME lending
FundSpace, a loan aggregator under Globe’s 917Ventures, has teamed up with Esquire Financing, Inc., a leading non-collateral business loan provider, to provide financing solutions for small and medium-sized enterprises (SMEs).
Bayad, RCBC renew digital financial services pact
CIS Bayad Center, Inc. (Bayad), a pioneer in the outsourced payment collection systems in the country, has renewed its partnership with Rizal Commercial Banking Corporation (RCBC), enabling inclusive financial services through RCBC Diskartech and RCBC ATM Go.
CitySavings bares P100-B loan portfolio as continuing nod to financial inclusion
City Savings Bank, Inc. (CitySavings), the thrift bank arm of the UnionBank of the Philippines (UnionBank), on Tuesday bared the deployment of P100 billion to meet the loan requirement of its clients.
GSIS opens loan restructuring, condonation for delinquent borrowers
State pension fund Government Service Insurance System (GSIS) has relaunched a condonation and restructuring program with longer and affordable payment terms to benefit former members, old-age pensioners, re-employed members, and other borrowers with overdue loans.
