Colina, William B.

12-Love

Bank & Non-Bank

Banco de Oro
BDO is a full-service universal bank in the Philippines. It provides a complete array of industry-leading
products and services including Lending (corporate and consumer), Deposit-taking, Foreign Exchange,
Brokering, Trust and Investments, Credit Cards, Retail Cash Cards, Corporate Cash Management and
Remittances in the Philippines. Through its local subsidiaries, the Bank offers Investment Banking,
Private Banking, Leasing and Finance, Rural Banking, Life Insurance, Insurance Brokerage and Online and
Non-Online Brokerage services. BDO’s institutional strengths and value-added products and services
hold the key to its successful business relationships with customers. On the front line, its branches
remain at the forefront of setting high standards as a sales and service-oriented, customer-focused
force. The Bank has the largest distribution network with over 1,500 operating branches and offices, and
more than 4,500 ATMs nationwide. BDO is a member of the SM Group, one of the country’s largest and
most successful conglomerates with businesses spanning retail, mall operations, property development
(residential, commercial, resorts/hotel), and financial services. Although part of a conglomerate, BDO’s
day-to-day operations are handled by a team of professional managers and bank officers. Further, BDO
has one of the industry’s strongest Board of Directors composed of professionals with extensive
experience in various fields that include banking and finance, accounting, law, and business.

Eligibility Requirements for Individual:

• Must be 21 years old at time of application but not more than 60 years old upon loan maturity
• Applicant must be a Filipino citizen or a foreigner who is a resident of the Philippines
• Minimum Gross Fixed Annual Income Requirement:
      ◦ P15,000 for Salaried Employees
      ◦ P35,000 for Self-Employed / Professionals
• Regular employee or self-employed with business operating at least two (2) years
• One (1) landline number in either residence or place of work, or mobile number (postpaid or prepaid)
• Residence or office address must be within any area where a BDO branch is located
• Must be 21 years old at time of application but not more than 60 years old upon loan maturity
• Applicant must be a Filipino citizen or a foreigner who is a resident of the Philippines
• Minimum Gross Fixed Annual Income Requirement:
◦ P15,000 for Salaried Employees
◦ P35,000 for Self-Employed / Professionals
• Regular employee or self-employed with business operating at least two (2) years
• One (1) landline number in either residence or place of work, or mobile number (postpaid or prepaid)
• Residence or office address must be within any area where a BDO branch is located

Eligibility Requirements for Corporate:

Short-term loan – if you have a 1- time need for a loan, this will be suitable for you. This loan is to be
paid in 1 year or less.
Credit line - this is applicable to a recurring need for a loan for a series of funds requirement to finance
inventory or receivables or other working capital requirement based on your business cycle. Your credit
line will be available to you for drawing within a year. This loan may be re-availed.

Export finance – this loan is designed for exporters for pre- and post-shipment financing requirements.
Through this loan, we will fund the cost to manufacture your export products or provide finance while
awaiting collection of your export receipts. A Purchase Order (P.O.) or Letter of Credit (L.C.) evidencing
the order from your buyer must be submitted to us to avail of this loan.

Post-Dated Check Discounting – Submit the PDCs of your customers to us together with Delivery
Receipt, and we will grant you a loan amounting to the equivalent value of the PDCs. You will only be
charged interest up to the date of the Post Dated Check.

Inventory Financing with Trust Receipt (IFTR) – this loan is for payment to your suppliers. Submit to us
the invoices from your suppliers together with the Delivery Receipt, and we will pay them directly.
Purchases qualified for this loan are those for inventory build up.

Letters of Credit with Trust Receipt (LCTR) - this is used for both domestic and international trade
transactions usually for the purchase of raw materials and supplies. Our wide network of correspondent
foreign banks will assure you that we can reach your supplier both local and foreign.
 Domestic LCTR – for suppliers within the country
 Import LCTR – for suppliers outside the country

EastWest Bank
Established on July 6, 1994, EastWest Bank was the first recipient of a commercial banking license after
the central monetary authority liberalized banking in the mid-1990s. Its first branch was opened along
Sen. Gil Puyat Avenue in Makati City on August 1, 1994. Its name is the result of the bank's desire to
combine the traditional prudence, warmth and hospitality of the East and the efficiency and progressive-
thinking of the West. Since then, EastWest Bank has made its presence known in the banking industry
through steady growth. The bank offered products and services via traditional and alternative delivery
channels, and opened more branches to make banking accessible and convenient for its clients. It later
introduced internet banking facility to expand delivery channels for its products and services. EastWest
is a subsidiary of the Filinvest Development Corporation (FDC), one of the country's leading
conglomerates, with interests in banking, real estate, hospitality and tourism, power generation and
sugar.

Eligibility Requirements for Individual:

• Be a Filipino citizen or Foreign National permanently residing in the Philippines.
• Be at least 21 years old during application and not more than 65 years old upon loan maturity.
• Have at least one fixed landline number (either home or business) and a mobile number.
(Mobile number will not be accepted as a stand-alone contact number).
• Have a Gross (basic) monthly income (GMI) must be at least Php15,000 or basic annual
income or must not be less than Php180,000.

Documentary Requirements
Requirements Upon Loan:
• Completely filled-out EastWest Online Personal Loan Application Form
• Photocopy of at least one (1) valid digitized photo-bearing and signature-bearing I.D.'s issued
in the Philippines (i.e. Driver's License, Philippine Passport, Professional Regulation
Commission (PRC) I.D., SSS I.D., BIR ID, Voter's I.D., Integrated Bar of the Philippines I.D.,
and Unified SSS/GSIS and TIN I.D.). Company I.D.'s issued by private entities or institutions
registered with or supervised or regulated either by the BSP, SEC or IC may also be submitted.
• (For Foreign Nationals Only) ANY of the following Proof of Residence: Alien Certificate of
Registration, Immigrant Certificate of Registration or Photocopy of Resident Visa stamp on
Passport.

Eligibility Requirements for Corporate:

1. Original Copy of documents submitted (to be presented only)
2.Two (2) Valid ID's
a. One to be presented to the EastWest Personal Loan Releasing Unit as ID verification
b. One to be presented to the lobby Guard of the building
3.Original signed application form
4. Post Dated Checks — Fully accomplished and signed (Kindly ensure that the PDCs that you
will issue have no erasures, correction and/or alteration.)
Requirements for Delivery and Credit to Account option
1. Photocopy of one (1) valid ID (submitted upon initial application) with 3 specimen signatures
2. Original Copy of documents submitted (to be presented only).
3. Post Dated Checks — Fully accomplished and signed (Kindly ensure that the PDCs that you
will issue have no erasures, correction and/or alteration.)

Non-Bank

Pag-IBIG
The Pag-IBIG Fund Calamity Loan is a cash loan facility to assist Pag-IBIG Fund members who reside in
areas declared under a state of calamity and are affected by such disasters. The loan seeks to provide
immediate financial assistance to help members recover from the effects of such calamity. It comes at a
low interest rate of 5.95% per annum. The Calamity loan is payable within 36 or 24 months, and has a
deferred first payment. Another popular low-interest personal loan in the Philippines is the Pag-IBIG
Multi-Purpose Loan. Sharing many similarities with the SSS salary loan, the Pag-IBIG loan offers a low
fixed rate of 10.5% and allows monthly repayment through payroll deduction. The loan is payable in
24 monthly installments.

Qualified Pag-IBIG members can borrow 80% of their total accumulated value (TAV). The TAV
is a sum of all monthly Pag-IBIG contributions, employers' share of contributions, and the total
dividends earned.
• Calamity Loan Application Form (CLAF, HQP-SLF-066) (1 Original) (1 Original)
• Valid ID acceptable to the Fund (1 Photocopy)
• Proof of Income (For Formally-employed:)
The “Certificate of Net Pay” portion at the back of the application form must be accomplished
by the employer or submit photocopy of one (1) month latest payslip duly authenticated by the
company’s authorized signatory.
• Proof of Income (For Self-Employed, any of the following:)
a. ITR, Audited Financial Statements, and Official Receipt of tax payment from bank supported
with DTI Registrant and Mayor’s Permit/Business Permit (1 Photocopy)
b. Commission Vouchers reflecting the issuer’s name and contact details (for the last 12
months) (1 Original)
c. Bank Statements or passbook for the last 12 months (in case income is sourced from foreign
remittance, pension, etc.) (1 Original)
d. Certified True Copy of Transport Franchise issued by appropriate government agency (LGU
for tricycles, LTRFB for other PUVs) (1 Original)
e. Certificate of Engagement issued by the owner of business (1 Original)
f. Notarized Affidavit of Income (HQP-SLF-136) (1 Original)
• Proof of Income (For Overseas Filipino Workers (OFW), any of the following:)
a. Employment Contract
• Employment Contract between employee and employer (1 Photocopy); or
• POEA Standard Contract (1 Original)
b. Certificate of Employment and Compensation (CEC)
• CEC written on the Employer/Company’s official letterhead (1 Original); or
• CEC signed by employer (for household staff and similarly situated employees) (1
Original), supported by a photocopy of the employer’s ID and passport
c. Income Tax Return filed with Host Country/Government (1 Original)

• ADDITIONAL REQUIREMENTS FOR MEMBERS AFFECTED BY EL NINO PHENOMENON ONLY

a. For farmers, including landlords, fisher folks, and livestock farmers
• Certification from the Municipal Agricultural Office (MAO) that their products were
damaged/killed due to the calamity.
b. For business owners/market vendors
• Certification from the Market Vendors Association or certification from the Municipal
Mayor (if not a member of the association) attesting that he is engaged in the selling of
farm products, vegetable, meat, fish, and that his source of livelihood was affected by the
calamity.
c. For Pag-IBIG Members or any of his immediate family members afflicted by diseases such as
diarrhea, cholera, skin diseases, paralytic shellfish poisoning (red tide bloom), heat cramps,
heat exhaustion, heat stroke, chickenpox, measles, and hypertension
• A Medical Certificate from the Doctor stating that such diseases/illness brought by the
onset of calamity.
• Authorization Letter
• Valid IDs of both parties (1 Photocopy)
• Calamity Loan Application Form (CLAF, HQP-SLF-066) (1 Original) (1 Original)
• Proof of Income (For Formally-employed:)
The “Certificate of Net Pay” portion at the back of application form must be accomplished by
the employer or submit photocopy of one (1) month latest payslip duly authenticated by the
company’s authorized signatory.
• Proof of Income (For Self-Employed, any of the following:)
a. ITR, Audited Financial Statements, and Official Receipt of tax payment from bank supported
with DTI Registrant and Mayor’s Permit/Business Permit (1 Photocopy)
b. Commission Vouchers reflecting the issuer’s name and contact details (for the last 12
months) (1 Original)
c. Bank Statements or passbook for the last 12 months (in case income is sourced from foreign
remittance, pension, etc.) (1 Original)
d. Certified True Copy of Transport Franchise issued by appropriate government agency (LGU
for tricycles, LTRFB for other PUVs) (1 Original)
e. Certificate of Engagement issued by the owner of business (1 Original)
f. Notarized Affidavit of Income (HQP-SLF-136) (1 Original)
• Proof of Income (For Overseas Filipino Workers (OFW), any of the following:)
a. Employment Contract
• Employment Contract between employee and employer (1 Photocopy); or
• POEA Standard Contract (1 Original)
b. Certificate of Employment and Compensation (CEC)
• CEC written on the Employer/Company’s official letterhead (1 Original); or
• CEC signed by employer (for household staff and similarly situated employees) (1
Original), supported by a photocopy of the employer’s ID and passport
c. Income Tax Return filed with Host Country/Government (1 Original)