Watch the latest iTALK episode from the Philippine Information Agency (PIA), featuring our Senior Vice President for the Housing Guarantee Group, Teresito Cayo A. Butardo. In this episode, he shares insights on how the Philippine Guarantee Corporation continues to strengthen partnerships and drive sustainable economic progress.
As reported by the Philippine Statistics Authority, the country was able to attain a strong GDP (gross domestic product) growth of 8.3 percent in the first quarter of 2022, surpassing the pre-pandemic levels. This figure is higher than the 7.8 percent expansion in the final quarter of 2021, and is the highest in the ASEAN region.
State-owned Philippine Guarantee Corporation (PHILGUARANTEE) underscored its key assistance role during the pandemic with the rest of its local and international counterparts during its virtual participation in three important annual meetings in the Asia-Pacific Region.
Philippine Guarantee Corporation (PHILGUARANTEE) signed on July 6, 2021 a Memorandum of Understanding (MOU) with the 1,500 member-strong Philippine Constructors Association, Inc. (PCA), an association of Philippine contractors since 1945.
Philippine Guarantee Corporation (PHILGUARANTEE) has evaluated and processed a total of P1.094 Billion in loan guarantee claims from January to December 2020.
The Philippine Guarantee Corp. (PhilGuarantee) has increased the amount of loans it guaranteed for micro, small and medium enterprises (MSMEs) as of end-February this year by 360 percent to P952.5 million, from just P207 million as of December 2020.
