DBP OK'd P25-B infrastructure and logistics loans in Jan-July
newscatcher
2023-09-29 00:30
DBP OK'd P25-B infrastructure and logistics loans in Jan-July
MANILA  -The Development Bank of the Philippines approved P25.55 billion worth of loans for the transport infrastructure and logistics sector from January to July as the state-run lender expressed readiness to support the Marcos administration's efforts to ease inflation especially on food products. Such loans were extended to 189 borrowers nationwide under the DBP's Connecting Rural Urban Intermodal Systems Efficiently (Cruise) program, which serves as their flagship facility for the transport infrastructure and logistics sector.

https://business.inquirer.net/423717/dbp-okd-p25-b-infrastructure-and-logistics-loans-in-jan-july

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