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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

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 cen...

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

Tuguegarao is a third-class component city and the capital of Cagayan Province. The city is recognized as a regional primary growth center and serves as a

DBP President and Chief Executive Officer Emmanuel G. Herbosa said that the funding support was granted under the bank’s Assistance for Economic and Social