IloIlo LGU receives P180-M loan from DBP 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.
State-owned Development Bank of the Philippines (DBP) has granted a P180-million loan to the city government of Iloilo as part of ongoing efforts to bolster
MMDC partnerships, DBP loan, SM MARKETS BBQ Master, GENTE malaya.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from malaya.com.ph Daily Mail and Mail on Sunday newspapers.
MANILA - State-owned Development Bank of the Philippines (DBP) has granted a new PHP311.8-million term loan to the local government unit (LGU) of Tuguegarao City to bankroll public infrastructure and agriculture productivity enhancement projects in the area, a top official said. DBP president and chief executive officer Emmanuel Herbosa said the loan was extended under the Assistance for Economic and Social Development for LGUs Financing Program - Bayanihan Interest Subsidy Fund and would be used to finance the construction of a core shelter housing project, drainage systems, an evacuation center, road concreting, as well as the acquisition of agricultural equipment, among others. "Through this partnership, DBP is confidently making a leap forward to support more inclusive growth initiatives in LGU Tuguegarao City," Herbosa said. "These worthy initiatives would be pursued under a framework of inclusivity - where people are mainstreamed into the growth process both as ben
DBP-Bldg-news-1080x714-1 The Development Bank of the Philippines (DBP) granted a P311.8-million term loan to the local government unit (LGU) of Tuguegarao City for public infrastructure and agriculture productivity enhancement. Specifically, the loan will finance the construction of a core shel