Arroyo signs law strengthening housing fund
President Gloria Macapagal-Arroyo signed into law on Tuesday the Home Development Mutual Fund Law of 2009 aimed at further boosting the capability of Pag-Ibig, the state housing fund.
Banks still get to boost lending
Banks still managed to boost lending despite the ongoing crisis, although the growth in their loan portfolios slowed down in May as loan officers continued to exercise caution to prevent increase in defaults.
More loans for MSMEs urged
The Bangko Sentral ng Pilipinas has urged banks to lend more to micro, small, and medium-sized enterprises, saying that meeting their credit needs would ease the impact of the global economic downturn.
Aim to retire with no debts
After working hard in the corporate world for more than 30 years, I am looking forward to retiring at an early age, 55, so I can relax.
Metrobank boosts loan activities
Local banking giant Metropolitan Bank and Trust Co. seeks to boost its consumer lending portfolio with a quarter-long car sale program that offers affordable and customized loan packages for new car buyers.