The Securities and Exchange Commission (SEC), in a public notice dated June 11, 2020, has released several measures to ease the financial burden of borrowers in view of the grave effect of the Coronavirus (COVID-19) pandemic impact in finances of the Filipinos.
Loans Philippines
The Securities and Exchange Commission (SEC), in a public notice dated June 01, 2020, has ceased the mandatory grace period to loans falling due within the period of the General Community Quarantine (GCQ) or Modified General Community Quarantine (MGCQ) since June 01, 2020.