Published January 8, 2021, 5:00 AM
The Development Bank of the Philippines (DBP) granted a P645-million loan to expand the banana flour and coconut sugar manufacturing facilities of Hijo Superfoods, Inc. (HSI).
The bank’s credit support to “Project Honeycomb” of HSI, a start-up unit of the Hijo Resources Group, would boost its export products and provide livelihood for local farmers and suppliers, says DBP President and Chief Executive Officer Emmanuel G. Herbosa.
DBP President and Chief Executive Officer Emmanuel G. Herbosa
“DBP has always been supportive of the initiatives of our local industries benefiting, not just the local community but promoting the country through their world-class products,” he explained.