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                    [ArticleID] => 245621
                    [Title] => Credit bureau for SMEs proposed
                    [Summary] => Trade and Industry Secretary Cesar V. Purisima is proposing the creation of a Small and Medium Enterprise Credit Bureau.


The proposed SME Credit Bureau would be similar to the Credit Investigation Bureau Inc. (CIBI) which monitors big corporations and financial institutions.


Having an SME Credit Bureau, Purisima explained, would help SMEs avail loans from the banks.


Purisima noted that the lack of adequate information about SMES is one of the reasons why banks are hesitant to lend to SMES.


                    [DatePublished] => 2004-04-08 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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SMALL AND MEDIUM ENTERPRISE CREDIT BUREAU

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                    [ArticleID] => 245621
                    [Title] => Credit bureau for SMEs proposed
                    [Summary] => Trade and Industry Secretary Cesar V. Purisima is proposing the creation of a Small and Medium Enterprise Credit Bureau.


The proposed SME Credit Bureau would be similar to the Credit Investigation Bureau Inc. (CIBI) which monitors big corporations and financial institutions.


Having an SME Credit Bureau, Purisima explained, would help SMEs avail loans from the banks.


Purisima noted that the lack of adequate information about SMES is one of the reasons why banks are hesitant to lend to SMES.


                    [DatePublished] => 2004-04-08 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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Credit bureau for SMEs proposed

By Marianne V. Go | April 8, 2004 - 12:00am

Trade and Industry Secretary Cesar V. Purisima is proposing the creation of a Small and Medium Enterprise Credit Bureau. The proposed SME Credit Bureau would be similar to the Credit Investigation Bureau Inc. (CIBI)...

Business