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LANDBANK loans to MSMEs hit nearly P50 billion - BusinessWorld Online

LANDBANK loans to MSMEs hit nearly P50 billion - BusinessWorld Online
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LANDBANK expands credit facility for businesses

LANDBANK expands credit facility for businesses
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LandBank loans reach P20B to rescue MSMEs, co-ops | Philippine Information Agency

CALOOCAN CITY, May 23 (PIA) — The Land Bank of the Philippines (LandBank) has approved loans totaling P20.07 billion as of April 30, 2021 to borrowers adversely affected by the ongoing COVID-19 pandemic, composed mostly of micro, small and medium enterprises (MSMEs) and cooperatives.Through.

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LandBank loans reach P20B to rescue MSMEs, co-ops

CALOOCAN CITY, May 23 (PIA)  The Land Bank of the Philippines (LandBank) has approved l

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LANDBANK OK s P20 billion in loans for firms affected by crisis

BusinessWorld May 24, 2021 | 12:04 am BW FILE PHOTO LAND BANK of the Philippines (LANDBANK) has approved P20.07 billion in loans for firms, micro, small and medium enterprises (MSMEs) and cooperatives affected by the coronavirus disease (COVID-19) pandemic as of April. The bank said in a statement that loans released through its I-RESCUE (Interim Rehabilitation Support to Cushion Unfavorably affected Enterprises by COVID-19) lending program, which it started in April 2020, benefitted 434 borrowers comprised of 292 MSMEs, 81 cooperatives, 56 large corporations, and five microfinance institutions (MFIs). Some P18.21 billion of the P20.07 billion in approved loans has already been released. LANDBANK in April doubled the I-RESCUE programâs fund to P20 billion from the initial P10 billion amid an increased number of loan applications from firms.

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