State-owned Development Bank of the Philippines (DBP) said Friday it is ready to extend financing to companies engaged in the energy industry to support the government’s aim to address the country’s rising demand for power.
DBP president and chief executive officer Michael O. de Jesus said the bank’s loan programs for the energy sector would be beneficial to firms seeking to
State-run Development Bank of the Philippines is expected to pour in some P58 billion in energy financing until 2030 in a bid to expand electricity access in the Philippines, especially in far-flung areas.
DBP loans to energy projects hit P77-B - Punto! Central Luzon punto.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from punto.com.ph Daily Mail and Mail on Sunday newspapers.
DBP grants P77-B energy project loans mb.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mb.com.ph Daily Mail and Mail on Sunday newspapers.