Tag page - loan facility

By MYRNA M. VELASCO The magnitude of loans extended to the country’s electric cooperatives (ECs) had already surpassed P870 million mark within the first six months of the year, according to the National Electrification Administration. The government-run electrification agency specified that at...

Consumers will still feel the deepest financial pain triggered by surging electricity rates due to simultaneous plant outages in the past two weeks, but the Department of Energy (DOE) is urging the distribution utilities (DUs) to tap palliative interest-bearing loan from the Land Bank of the...

Cebu Air, Inc. (CEB) today ( March 5) signed a P16 billion ten-year term loan facility with a syndicate of domestic banks. The airline's lenders include the Development Bank of the Philippines (DBP) and Land Bank of the Philippines (LBP), along with Asia United Bank Corporation (AUB), Bank of the...