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DBP backs housing sector with P900M loan to Cebu developer - Vimarsana News

DBP backs housing sector with P900M loan to Cebu developer

STATE-OWNED Development Bank of the Philippines (DBP) has granted P900 million funding support to Johndorf Ventures Corp. (JVC), a Cebu-based real estate developer, in an effort to boost the construction of public housing and address the country's widening housing backlog.