^
+ Follow MICRO ENTERPRISE BANK Tag
MICRO ENTERPRISE BANK
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 352309
                    [Title] => PlantersBank offers financial aid to micro-entrepreneurs
                    [Summary] => 



Micro-entrepreneurs could now avail of a decent financial assistance, with lower interest rates, as the Planters Development Bank (Plantersbank) enters into providing financial help to this sector.

[DatePublished] => 2006-08-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1298072 [AuthorName] => Ehda Dagooc [SectionName] => Freeman Cebu Business [SectionUrl] => cebu-business [URL] => ) [1] => Array ( [ArticleID] => 164112 [Title] => Development banking revisited [Summary] => The Philippine economy depends heavily on small- and medium-sized enterprises, which account for some 90% of all businesses, contribute about 25% to the gross national product and provide jobs to over half of the total labor force.

Yet, important as they are, time was when SMEs did not readily have access to formal credit. Because they were considered very risky, costly and difficult to handle, most banks avoided lending to them.
[DatePublished] => 2002-06-10 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1389779 [AuthorName] => Jesus Tambunting [SectionName] => Business As Usual [SectionUrl] => business-as-usual [URL] => ) [2] => Array ( [ArticleID] => 141591 [Title] => BSP supports microfinancing [Summary] => Responding to the challenge of poverty alleviation, the Bangko Sentral ng Pilipinas (BSP) has established a special unit for microfinance.

"We envision this unit as a vehicle for mobilizing and administering possible international and local donor funds as well as our own BSP funds to be earmarked primarily for microfinance training, advocacy and research," BSP Monetary Board member Antonino L. Alindogan said.

Alindogan said that it was critical that the importance of microfinance is propagated, and access to technology is available.
[DatePublished] => 2001-11-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) ) )
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