DBP steps up deposit drive to expand lending capacity
The Development Bank of the Philippines is stepping up deposit generation to widen its funding base and support lending for development projects.
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The Development Bank of the Philippines is stepping up deposit generation to widen its funding base and support lending for development projects.
DBP seeks to convert a growing pool of deposits into additional financing for development projects, launching its ‘Save 2 Win’ campaign to attract fresh funds…
DBP ramps up its deposit campaign to expand funding for lending activities, with its “Save 2 Win” promotion offering prizes of up to P250,000.
The SEC has suspended Golden Alliance Credit Corp.’s authority to operate as a lending company for 60 days over unpaid annual fees, ordering it to cease all…
China Bank Savings has reopened its upgraded APD Lending Center in Malolos, Bulacan, expanding access to salary loans and modern banking services for teachers…
For far too long, Filipino borrowers have entered loan agreements without a genuine understanding of what those agreements cost them. The Commission is…
The SEC has revoked Delisha Lending Investor and Trading Corp.’s corporate registration and lending license over multiple regulatory violations, including…
The Securities and Exchange Commission (SEC) has warned the public against a rising number of fraudulent online lending platforms impersonating legitimate…
AIIB is lending $300 million to International Container Terminal Services Inc. to expand and modernize key Philippine ports, including Manila International…
SEC considers lifting its moratorium on new online lending platforms with stricter capitalization and consumer-protection rules to safeguard borrowers in the…
The SEC considers lifting the moratorium on new online lending platforms, aiming to reopen the digital lending market with stricter regulations to protect…
An online seller was arrested in M’lang, Cotabato, for attempting to sell Philippine ducks—classified as a vulnerable species—through Facebook Marketplace. The…
The SEC flagged 19 online lending platforms operating without approval, warning borrowers of financial and data privacy risks and urging use of registered…
PAOCC warns the public against abusive online lending apps, citing harassment and intimidation complaints. With over 300 OLAs reported, officials urge…
PAOCC warns that online lending apps pose greater harm than POGOs, urging a total ban due to harassment, financial abuse, and rising suicide cases linked to…
Senator Win Gatchalian files the proposed Fair Debt Collection Practices Act to curb abusive tactics by online lending apps and protect vulnerable borrowers…
Apart from the unethical and sometimes outright criminal tactics these online companies employ to collect debts, we need to emphasize the excessive interest…