PHILEXIM financing reaches Php 6B in VisMin

State-owned Philippine Export-Import Credit Agency (PhilEXIM), a financial institution attached to the Department of Finance (DoF), has provided a total of P6 billion in guarantees and loans to key industries in Visayas and Mindanao (VisMin) as of September 30, 2015, boosting the government’s economic pump-priming of strategic projects in those regions. To keep in stride with the expanding market needs as well as the increasing institutional presence in the Visayas region, PhilExim has re-launched its refurbished Cebu Business Center located at the Keppel Center, Cebu Business Park in Cebu City.  PhilEXIM Officer-in-Charge Florencio Gabriel, Jr. said these efforts resulted into better opportunities for the export and priority sector businesses, particularly in the regions where the ultimate objective is to create jobs and provide competitive business opportunities.