Home Credit Philippines is seeking to overturn a Securities and Exchange Commission (SEC) ruling on its debt collection practices after a borrower complained the lender pursued a delinquent loan through people who had no responsibility for the debt.
Tycoon Andrew Tan’s Emperador Inc. secured a €300 million (P21 billion) sustainability-linked loan to refinance existing debt, marking a first for a Philippine food and beverage group.
The Social Security System (SSS) is targeting a first-half 2026 pilot rollout of its proposed micro-loan program to expand access to safe and affordable short-term credit for its members.
The Asian Development Bank (ADB) has approved a $400 million loan to help the Philippines tackle hunger, food insecurity, and poor nutrition amid growing climate and disaster risks.
The Government Service Insurance System (GSIS) has released a total of ₱413.4 billion under its Ginhawa Flex and Ginhawa Lite loan programs, extending financial support to nearly 1.9 million government workers, GSIS President and General Manager Wick Veloso said during the pension fund’s stakeholders’ dialogue on Thursday, June 26.
RCBC’s expanding role in retail lending strengthens its position as a key player in personal finance and mobility for Filipinos. The growth also aligns with broader industry trends in real estate and vehicle sales, particularly the rise of electric vehicle demand.
The Securities and Exchange Commission (SEC) is cracking down on rogue online lenders. The regulator has issued a cease and desist order against Hupan Lending Technology Inc. for operating unregistered platforms, including Magic Peso.
The Securities and Exchange Commission (SEC) has revoked the corporate registration and financing license of Digido Finance Corp., effectively shutting down the company behind the online lending platforms UnaPay and UnaCash.