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Exporters want SB Corp. exemption from BSP rules


Published June 28, 2021, 8:00 AM
Exporters are pushing for the passage of amendments in the Magna Carta for Micro Small and Medium enterprises (MSMEs) to enable SB Corp., the micro lending arm of the government, implement more MSME friendly lending policies.
Sergio Ortiz-Luis Jr., president of the Philippine Exporters Confederation (PhilExport), said at the virtual “BPOs, Exporters and OFWs: How can they bring the dollar income back?” webinar organized by the Management Association of the Philippines that amending the Magna Carta for MSMEs will free up the SB Corp. from the Bangko Sentral ng Pilipinas lending rules.
Philexport president Sergio Ortiz Luis Jr. ....

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