𝗘𝗻𝗰𝗼𝘂𝗿𝗮𝗴𝗲𝗺𝗲𝗻𝘁 𝗼𝗳 𝗖𝗮𝗹𝗶𝗯𝗿𝗮𝘁𝗲𝗱 𝗥𝗲𝗹𝗶𝗲𝗳 𝗠𝗲𝗮𝘀𝘂𝗿𝗲𝘀 𝗳𝗼𝗿 𝗕𝗼𝗿𝗿𝗼𝘄𝗲𝗿𝘀 𝗼𝗳 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗻𝗴 𝗮𝗻𝗱 𝗟𝗲𝗻𝗱𝗶𝗻𝗴 𝗖𝗼𝗺𝗽𝗮𝗻𝗶𝗲𝘀

As seen on SEC’s official Facebook – The Securities and Exchange Commission (SEC) is encouraging financing and lending companies to adopt relief measures for borrowers, in light of rising fuel prices caused by geopolitical developments in the Middle East that may adversely impact the repayment capacity of Filipinos.

In a notice dated April 16, the Commission called on financing and lending companies to implement calibrated and sustainable reliefs for borrowers, in line with the declaration of a State of National Energy Emergency under Executive Order No. 110, Series of 2026.

“We recognize the importance of the financing and lending industry in extending credit to Filipinos in need. In times of economic disruption, their contribution in offering financial flexibility to the public is even more clear,” SEC Chairperson Francis Lim said.

“We urge the industry to help our fellow kababayans by providing financial relief to enable them to manage their finances better and navigate this difficult period,” he added.

Read the full notice here: https://www.sec.gov.ph/…/encouragement-of-calibrated…/

#SECupdates