DBP lends P25.5B for transport infra, logistics sector

PTVPhilippines
PTVPhilippines
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DBP lends P25.5B for transport infra, logistics sector
Transcript
00:00 The Development Bank of the Philippines or DBP has approved some 25.55 billion pesos worth of loans for the transport, infrastructure and logistics sector from January to July.
00:12 DBP has previously expressed readiness to help the Marcos administration ease the effects of inflation, especially on basic goods.
00:20 The state-run lender loaned the said funds to around 189 borrowers under its Connecting Rural-Urban Intermodal Systems Efficiency, or CRUISE, program.

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