Banking & Insurance
IFC backs OnePuhunan to expand loans for rural women-led businesses
The International Finance Corporation (IFC) and CreditAccess Philippines Financing Company Inc. (OnePuhunan) have formed a partnership aimed at expanding access to finance for micro and small businesses in rural areas of the Philippines, with a focus on women-led enterprises.
Prime Infra secures P273.47B financing for major energy storage projects
Prime Infrastructure Capital Inc. (Prime Infra) has secured P273.47 billion in financing for the development of 2,000 megawatts (MW) of pumped storage hydropower projects, strengthening its role in large-scale energy infrastructure.
SBCorp targets P12B loans, eyes P15B upside
The government’s lending arm for small businesses is aiming higher this year as demand for credit among entrepreneurs continues to grow.
BSP pilot makes PERA retirement accounts easier to open online
Filipinos can now open a Personal Equity and Retirement Account (PERA) more easily through a new digital initiative led by the Bangko Sentral ng Pilipinas (BSP).
RCBC launches P5B ASEAN Sustainability Bond offer
Rizal Commercial Banking Corp. has begun offering peso-denominated fixed-rate Series G ASEAN Sustainability Bonds due 2029, tapping investors as the bank expands funding for green and social projects.
