SME CREDIT GUARANTEE FACILITY (SCGF) FEATURES Eligible Lenders 1. Banks with CAMELS rating of at least “3”;2. Non-Bank Financial Institutions (NBFIs) supervised by the Bangko Sentral ng Pilipinas (BSP) Purpose To expand the Lenders’ SME portfolio by utilizing the sovereign rating and zero–risk weight feature of PHILGUARANTEE’s guarantee Eligible Borrowers 1. SMEs engaged in:a. export continue reading : SME CREDIT GUARANTEE FACILITY (SCGF)
Extending support to affected sectors of the COVID-19 crisis, state-run Philippine Guarantee Corporation (PHILGUARANTEE) has provided financial assistance such as moratoriums on loan payments and credit guarantees, alongside other relief and support measures for micro, small and medium enterprises (MSMEs) and for its clients in the agriculture and housing sectors.
PRIORITY SECTOR GUARANTEE PROGRAMS MSME CREDIT GUARANTEE FACILITY (MCGF) MEDIUM AND LARGE ENTERPRISES-CREDIT GUARANTEE FACILITY (MLE-CGF) ELECTRIC-COOPERATIVE PARTIAL CREDIT GUARANTEE FACILITY (ECPCG) SUSTAINABLE ENERGY CREDIT GUARANTEE FACILITY (SEGF)
As part of its assistance measures, the Philippine Guarantee Corporation
(PHILGUARANTEE) has made available a credit guarantee facility to support the government’s recovery program to “bounce back” the economy that is reeling the effects of the global COVID-19 pandemic, President and CEO Alberto Pascual announced yesterday.
