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Cebu Pacific Gets Nearly $330m Loan - Simple Flying

Cebu Pacific Gets Nearly $330m Loan - Simple Flying
simpleflying.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from simpleflying.com Daily Mail and Mail on Sunday newspapers.

CEB signs P16-B loan with domestic banks

CEB signs P16-B loan with domestic banks
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.

Cebu Pacific signs P16B 10-year term loan with domestic banks

March 05, 2021 CEBU Air Inc. (CEB or Cebu Pacific) signed a P16-billion 10-year term loan facility Friday, March 5, with a syndicate of domestic banks. This syndicated loan facility is a landmark deal that exhibits the strong partnership between government financial institutions and private domestic banks to support Cebu Pacific who along with the entire airline industry have been severely impacted by the Covid-19 pandemic. This term loan facility, which was equally participated in by government financial institutions and leading private sector domestic banks, further represents the confidence of these institutions in the recovery of the Philippine economy and the belief that Cebu Pacific will continue to play a leading and vital role in this economic recovery.

Poe hopes for friendly, simple guidelines on Land Bank loan to buy gadgets for online learning

News By ERWIN COLCOL, GMA News Published March 4, 2021 2:40pm Senator Grace Poe on Thursday hoped for friendly and simple guidelines as she encouraged students needing electronic gadgets for their online classes to avail of the loan program offered by the Land Bank of the Philippines (LBP). This, after LBP expanded its direct loan program for students to lend up to P50,000 for the purchase of electronic gadgets such as laptops, desktops, or tablets needed for online learning. “For many families, the leap to digital has become prohibitively expensive. We must enable them to obtain devices as an investment for their children’s education,” said Poe, who chairs the Senate committees on banks and on public services.

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