Digital trust key to MSME growth, IDfy says
IDfy urges Philippine financial institutions to streamline MSME business verification and strengthen fraud prevention to expand access to digital financial…
· 1 MIN READ
Topic
lending
Latest Daily Tribune news and analysis on lending.
Grab to acquire 60% stake in Atome Financial
Grab will acquire a 60% stake in Atome Financial for $1.49 billion, expanding its consumer lending and BNPL services across the Philippines and Southeast Asia.
· 2 MIN READ
Bank loans grow faster as money supply slows in July
Bank lending continued to expand in July, with loans from universal and commercial banks growing at a faster pace, even as money supply growth slowed slightly…
· 2 MIN READ
Billease secures P1-billion credit line from PNB
Billease secures a P1-billion credit facility from PNB, strengthening its local funding base as it expands consumer lending in the Philippines.
· 1 MIN READ
Online lender fined P1.03-M for excessive rates, unfair collections
The SEC has fined Inclusive Credit Lending, Inc. P1.03 million for charging excessive interest rates and using abusive debt collection tactics via its Pinoy…
· 2 MIN READ
Loan harassment costs lender
The Securities and Exchange Commission fined Fast Coin Lending Corp. P1.1 million for harassing borrowers, exceeding interest rate limits, and violating…
· 1 MIN READ
Loan harassment costs lender P1.1 million
The SEC has fined Fast Coin Lending Corp. P1.1 million for harassing borrowers, breaching interest rate caps, and violating disclosure rules, highlighting the…
· 1 MIN READ
SEC opens door to responsible digital lending
For far too long, Filipino borrowers have entered loan agreements without a genuine understanding of what those agreements cost them. The Commission is…
· 3 MIN READ
Loans and money supply post faster growth
Bank lending grew 12.1% year-on-year in May while domestic liquidity (M3) expanded 12.8% to P20.6 trillion, the BSP said, citing sustained credit demand from…
· 2 MIN READ
Loans and money supply post faster growth
Loans and money supply in the Philippines posted faster growth in May, with bank lending up 12.1% and domestic liquidity (M3) rising 12.8% to P20.6 trillion.…
· 2 MIN READ
Delisha Lending shut down by SEC
The SEC has revoked Delisha Lending Investor and Trading Corp.’s corporate registration and lending license over multiple regulatory violations, including…
· 1 MIN READ
Skyro, ECPay expand loan payment access nationwide
Digital lending platform Skyro has partnered with ECPay to expand loan repayment options nationwide, giving borrowers access to over 462,000 payment outlets,…
· 1 MIN READ
SEC flags fake lending apps tied to data risks
The Securities and Exchange Commission (SEC) has warned the public against a rising number of fraudulent online lending platforms impersonating legitimate…
· 2 MIN READ
Mynt growth surges on expanding finance services
· 2 MIN READ
Luvit launches financial inclusion push
· 1 MIN READ
Contractor admits lending license for government projects
A construction firm owner testified before the Sandiganbayan that a public works official allegedly encouraged her to lend her company license for government…
· 1 MIN READ
LandBank offers loans for MSMEs’ climate adaptation projects
LandBank of the Philippines is offering up to 80% financing for MSMEs under its Climate SAFE Lending Program, supporting disaster risk reduction,…
· 2 MIN READ
