Five banks signed trade finance agreement with ADB
The Asian Development Bank is making funds available to Philippine traders via its $1-billion regional facility. To help traders get access to this fund, the ADB signed a trade finance agreement with five banks – Development Bank of the Philippines, Metropolitan Bank and Trust Co., Philippine National Bank, Rizal Commercial Banking Corp. and Allied Banking [...]
February 23, 2010
· 
Roy · 
No Comments
Tags: ADB, bank, banking, finance, funds, money, Philippine · Posted in: Announcement, banking, Corporations, economy, finance, Loans, money, Opportunities, Philippine banks, Philippine business news, Philippines
ADB approved $500 M loan to the Philippines
The Philippines gets fresh funds as the Asian Development Bank (ADB) approved a loan $500 million to the country. The loan is said to help boost the Philippines’ fiscal spending amid the global economic recession. It is the first loan to be released under the ADB’s Countercyclical Support Facility (CSF) established in June to help [...]
August 24, 2009
· Roy · No Comments
Tags: $500-million loan, ADB, CSF, finance, funding, Loans, money, Philippines · Posted in: Announcement, finance, Government, Loans, money, Philippine business news, Philippines
