Shown in photo (2nd and 3rd from left, respectively) are DBP Executive Vice President Jose Gabino D. Dimayuga and Hino Motors Philippines Corporation President Mitsuharu Tabata during the signing of the loan agreement between DBP and HMPC. They were joined by DBP First Vice President Daniel Gonzales (left) and HMPC Treasurer Susumu Myokan (right).
CALOOCAN CITY, Jan. 14 (PIA) -- State-owned Development Bank of the Philippines (DBP) has granted a P150-million revolving credit line for Hino Motors Philippines Corporation (HMPC) to augment the working capital requirements of the company in the manufacturing and distribution of its commercial vehicles such as trucks, buses and modern public utility vehicles (PUVs), a top official said.