Tan-led Philippine National Bank (PNB) has extended P2.4 billion loan to bankroll the construction of the proposed 12-megawatt Mangima run-of-river hydropower project to be sited in Manolo Fortich in Bukidnon province. The omnibus loan and security agreement was signed this December between proj
PNB President and Chief Executive Officer Wick Veloso
In a statement on Tuesday, Tan-led Philippine National Bank announced that it was extending the waiver of fees until March 31.
PNB President and Chief Executive Officer Wick Veloso said the extension was meant to encourage more customers to use digital banking channels.
“PNB fully supports the Bangko Sentral’s call to promote digital channels for fund transfers. We continue to strengthen our campaign on encouraging more customers to use digital banking since the start of the community quarantine. We see digital banking is gaining ground as customers learn more about the benefits of these services,” he said.