News, Economy

DBP announces completion of P1-billion interest rate subsidy disbursement to LGUs

calendar_today August 24, 2023 schedule 2 min read

A top official of the Development Bank of the Philippines (DBP) announced recently that the state-owned bank has already completed disbursement of funds under the P1-billion interest rate subsidy program of the government, which covers local government units (LGUs), in the implementation of their respective COVID-19 response and recovery interventions. Facade shot of the DBP office […]

DBP completes P1-billion interest subsidy disbursement to LGUs

calendar_today July 28, 2023 schedule 2 min read

State-owned Development Bank of the Philippines (DBP) has just completed the disbursement of funds under its P1-billion interest rate subsidy program. According to a top official of the DBP, the subsidy program covers local government units (LGUs) in the implementation of their respective COVID-19 response and recovery interventions. IMAGE CREDIT: www.dbp.ph DBP President and Chief […]