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…/
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