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GCash lending arm Fuse empowers underbanked Filipinos with P118 billion loans disbursed
Fuse Lending Inc., the credit arm of GCash, surpasses the P118 billion mark in life-to-date disbursed loans through the country’s number one finance app as of the end of 2023. This puts both institutions well on their way toward their shared mission of financial inclusion......»»
GCash lending arm Fuse empowers underbanked Filipinos with P118 billion loans disbursed
Fuse Lending Inc., the credit arm of GCash, surpasses the P118 billion mark in life-to-date disbursed loans through the country’s number one finance app as of the end of 2023. This puts both institutions well on their way toward their shared mission of financial inclusion......»»
Banks’ bad loans rise in February
The soured loans of Philippine banks picked up for the 14th straight month in February, bringing the gross non-performing loan ratio to a steady 3.44 percent, amid high interest rates......»»
Phones, laptops top purchases for loans
Gadgets such as mobile phones and laptops are the top consumer products being purchased in the Philippines using loans, according to Home Credit Philippines......»»
Banks’ bad loans ratio highest in 8 months
The share of bad loans to the banking sector’s total loan book went up to an eight-month high in January, snapping two straight months of decline, as borrowers felt the pinch of elevated interest rates......»»
Pag-IBIG members urged: Avail of housing, savings loans
Pag-IBIG members urged: Avail of housing, savings loans.....»»
Pag-IBIG releases record P126 billion in home loans
The Home Development Mutual Fund, commonly known as Pag-IBIG, has released a record P126 billion in housing loans last year for nearly 97,000 members......»»
Banks’ bad loans swell in 2023
The soured loans of Philippine banks picked up to 3.23 percent in 2023 from the almost two-year low in 2022, according to the Bangko Sentral ng Pilipinas......»»
GSIS earmarks P44 million for emergency loans
State-run pension fund Government Service Insurance System has allocated P44 million in emergency loans to members and pensioners affected by the heavy rainfall in Camarines Norte......»»
ACEN issues corporate guarantee on subsidiary’s loans
ACEN Corp., the listed energy platform of the Ayala Group, has issued corporate guarantee in support of loans amounting to $320 million of subsidiary ACEN Cayman......»»
RCBC personal loans go digital
Rizal Commercial Banking Corp. has debuted its latest innovation this 2024, integrating personal loans in its all-in-one digital banking app RCBC Pulz......»»
More Pinoys eye new loans this year
Eight in every 10 Filipinos saw more accessible credit options last year, with more than 50 percent of them eyeing to take new loans this year......»»
Indian firms to offer solutions for finance, agri, health at tech summit
Over 57 Indian tech companies will present their digital products and solutions in areas like fintech, agritech, and healthtech at the first ever India-Philippines Tech Summit on March 5 in Taguig City. .....»»
Boracay logs lower tourist arrivals during Holy Week
More than 13,000 tourists arrived on Thursday on Boracay Island in Malay, Aklan, which was lower compared to the P16,000 arrivals recorded on the same day last year, according to the municipal government......»»
DSWD, Ibajay LGU build Child Development Center for kids of ex-rebels
The Department of Social Welfare and Development (DSWD) and the Ibajay local government unit (LGU) have initiated the construction of a Php1.7 million-worth Child Development Center (CDC) in Barangay Cabugao, Ibajay in Aklan province that will benefit the children of former rebels now residing in the resettlement site. DSWD Undersecretary for Inclusive-Sustainable Peace and Special […].....»»
‘Person with this ability’: PWDs in Aklan town earn from making Nito products
Woody Francisco says that the mission of the PWD Balete Association is to give the PWD sector in their municipality a sustainable source of livelihood.....»»
Global conference on research slated
The National Association of Public Secondary Schools of the Philippines Inc. will hold the first International Conference on Research Culture Management in Basic Education on Jan. 26 to 28 in Boracay Paradise Garden Resort and convention Center, Mangayad, Manoc-Manoc, Boracay Island, Malay, Aklan......»»
Biz Leaders Welcome Coal-Fired Power Plant Expansion in Toledo City to Prevent Outages
Business stakeholders in Cebu welcomed the expansion project of a coal-fired power plant in Toledo City as a way to prevent outages that happened in Aklan early this year. They said that concerns about the environment will be “outweighed” by the economic benefits that will come with more power supply considering the dwindling reserves in […].....»»
Ati-Atihan Festival: Gun ban imposed in Kalibo
A weeklong suspension of permits to transport and carry firearms will be imposed in Kalibo, Aklan as part of the security preparations for the Ati-Atihan Festival......»»
Saudi Arabia: Migrant Workers Long Overdue Wages at Risk
(Beirut) - Representatives of two construction companies in Saudi Arabia announced recently that migrant workers will get their long overdue unpaid wages, but gaps in the repayment scheme puts the payments at risk, Human Rights Watch said today.Saudi authorities should ensure all former workers of these companies receive the full amount they.....»»