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The Bangko Sentral ng Pilipinas invites all media outfits to the Launching of the La Union Credit Surety Fund (CSF) and signing of the Memorandum of Agreement among its Stakeholders on 14 June 2017, 10:00 AM, at the BSP La Union Regional Office Convention Hall in San Fernando City, La Union.

The CSF is a fund generated from the contributions of well-capitalized and well-managed member-cooperatives/Non-Government Organizations, Local Government Unit, Development Bank of the Philippines (DBP), Land Bank of the Philippines (LBP) and the Industrial Guarantee and Loan Fund (IGLF). The CSF provides for an alternative source of collateral for MSME borrowers, in lieu of the traditional hard collaterals, in obtaining loans from banks.

Kindly limit your representative to two (2).

For questions/confirmation, please contact Mr. Marc Edu A. Bermudez of the Bangko Sentral ng Pilipinas at Tel Nos. (02) 306-2460 or 306-2353; Cellphone No. 0917-625-1013; Email: bermudezma@bsp.gov.ph or marc_bermudez@yahoo.com.ph.

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