DBP President and Chief Executive Officer Emmanuel G. Herbosa said that from January to June this year, a total of 440 borrowers have already availed of funding support under the bank’s Infrastructure Contractors Support program which was first rolled out in 2017.
DBP is the fifth largest bank in the country in terms of assets and provides credit support to four strategic sectors of the economy – infrastructure and logistics; micro, small and medium enterprises; environment; social services, and community development. Herbosa said that as of the first half of the year, the ICONS program has provided funding assistance to 151 borrowers located in Luzon, 134 in the Visayas, and 145 in Mindanao, including 10 firms with multiple project sites.
Pwede ang release after May 2022 elections na?!