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Friday, October 23, 2026
Fintech Frontier

Frederick Go, Salmon explore ways to widen loan access for OFWs, self-employed

Consumer finance firm Salmon Group Ltd. is looking to expand lending to overseas Filipino workers and self-employed Filipinos as it seeks to widen its presence in the Philippines, the Department of Finance said.

Salmon executives met with Finance Secretary Frederick Go to discuss plans to broaden access to loan products and further modernize financial services in the country.

The talks also covered responsible loan pricing and potential cooperation aimed at expanding access to financial services, the DOF said.

The meeting was attended by Salmon Group co-founder and director Pavel Fedorov, Salmon Bank co-founder and CEO George Chesakov, and co-founder and deputy CEO Raffy Montemayor.

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