HGC and PhilExim Merger Effective August 31, 2019

WHEREAS, Executive Order No. 58, Series of 2018 (“EO 58”) dated 23 July 2018 mandated the Department of Finance to implement the merger of the Home Guaranty Corporation (HGC) and the Philippine Export-Import Credit Agency (PHILEXIM), the transfer of guarantee functions, programs and funds of the Small Business Corporation (SBC), and the administration of the Agricultural Guarantee Fund Pool (AGFP) and the Industrial Guarantee and Loan Fund (IGLF) to PHILEXIM