Executive Order No. 58, s. 2018 approving the Merger of the Home Guaranty Corporation and the Philippine Export-Import Credit Agency (Philexim), Transferring the Guarantee Functions, Programs and Funds of the Small Business Corporation, and the Administration of the Agricultural Guarantee Fund Pool and the Industrial Guarantee and Loan Fund to the Philexim, and Renaming the Philexim as the Philippine Guarantee Corporation.

This Executive Order approves the Merger of the Home Guaranty Corporation and the Philippine Export-Import Credit Agency (Philexim), Transferring the Guarantee Functions, Programs and Funds of the Small Business Corporation, and the Administration of the Agricultural Guarantee Fund Pool and the Industrial Guarantee and Loan Fund to the Philexim, and Renaming the Philexim as the Philippine Guarantee Corporation. The HGC shall be merged with the PhilEXIM, including all its guarantee functions, programs, personnel, assets and liabilities. The PhilEXIM aiming at the agricultural and market development shall be the surviving entity in the merger. Moreover, all the guarantee-related functions, programs, funds, assets and liabilities of the SBC shall be transferred to the PhilEXIM.