The availability of funds is an integral part of a financing firm as it caters to the needs of its clientele. The Rural Electrification Financing Corporation’s (REFC) Board of Directors, under the leadership of its
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3 Electric Cooperatives (ECs) get REFC Loans Approved
Running an Electric Cooperative (EC) is not an easy task especially when your coverage area is in the typhoon zone of the country. This fact have been the mindset of the early incorporators of the
SURSECO II boosts its REFC investment anew
The Surigao del Sur II Electric Cooperative, Inc. (SURSECO II) Board of Directors passed a Board Resolution (BR No. 098, S-2017) approving the additional capital subscription into the Rural Electrification Financing Corporation (REFC) allocating the
REFC Board approves SULECO’s Commodity Loan
The Board of Directors of Sulu Electric Cooperative, Inc. (SULECO) passed a resolution with BR No. 07, Series of 2017, authorizing Management to avail of a Commodity Loan from the Rural Electrification Financing Corporation (REFC)
REFC COO in PHILRECA Convention
Engr. Thomas L. Villaflor, the Chief Operating Officer of the Rural Electrification Financing Corporation (REFC) and General Manager of its subsidiary, the Rural Electrification Trading Corporation (RETC), represented the Corporations during the annual convention of
New REFC Board approves loan applications of Four (4) ECs
The newly constituted Board of Directors after the Annual Stockholders’ Meeting of the Rural Electrification Financing Corporation (REFC) has started its 2017-2018 term with the approval of the loan applications of four (4) Electric Cooperatives
REFC’s 17th Annual Stockholders Meeting graced by NEA Administrator
The Rural Electrification Financing Corporation (REFC) held its 17th Annual Stockholders Meeting (ASM) last August 7, 2017 at the Chardonnay by Astoria in Pasig City. NEA Administrator Edgardo R. Masongsong graced the occasion as the
BOHECO II and BATANELCO joins REFC
Ninety-seven (97) coops now comprise the membership of the Rural Electrification Financing Corporation (REFC), or 82% of the total 120 Philippine Electric Cooperatives (ECs). The recent member-investors are the Bohol II Electric Cooperative, Inc. (BOHECO
BISELCO’s Commodity Loan Approved
The Rural Electrification Financing Corporation (REFC), as the financing alternative of the Electric Cooperatives (ECs), has approved the commodity loan application of the Busuanga Island Electric Cooperative, Inc. (BISELCO) for the acquisition of one unit
REFC Declares Dividends Anew
The Board of Directors of the Rural Electrification Financing Corporation (REFC) announced its retained earnings for the 9th consecutive year and approved the declaration of dividends in the amount of Php12.067 Million from its 2016