In a step to further sustainable initiatives, the Philippine Guarantee Corporation (PHILGUARANTEE) and Water.org have entered into a strategic partnership through a Memorandum of Understanding (MOU) signed on Monday, September 30, 2024.

National Treasurer and Philippine Guarantee Corporation (PHILGUARANTEE) Alternate Chairperson Sharon P. Almanza administered the oath of office of newly-appointed Independent Director Emmanuel G. Herbosa and reappointed Directors Stephen A. Antig and Senen L. Matoto as private sector representatives to the Governing Board of PHILGUARANTEE at the Bureau of the Treasury, on September 18, 2024.

PHILGUARANTEE achieved a significant milestone by receiving compliant remarks from the Anti-Red Tape Authority (ARTA) in its implementation of the Harmonized Client Satisfaction Measurement (HCSM) for F.Y. 2023. This recognition underscores the Corporation’s dedication to provide reliable service and ensuring that client feedback is a valuable tool in its operations.

In 1977, the forerunner of this entity, called Philippine Export and Foreign Loan Guarantee Corporation (PHILGUARANTEE), was created by virtue of Presidential Decree 1080 for the purpose of creating a government agency that would provide prospective foreign creditors to the country a sovereign guarantee.

Strengthening financial support network in the regions, the Philippine Guarantee Corporation (PHILGUARANTEE) and the Philippine Economic Zone Authority (PEZA) signed a Memorandum of Cooperation and Understanding (MCU) on Monday, Sept. 2, 2024, at the PEZA Headquarters in Pasay City.