ADB OKs $400-million loan to boost PH capital markets

ADB OKs $400-million loan to boost PH capital markets

The Asian Development Bank (ADB) on Tuesday (May 26) approved a $400-million loan to further develop the Philippines’ capital markets. In a statement, the Manila-based multilateral lender said the Support to Capital Market-Generated Infrastructure Financing Program-Subprogram 1 was aimed at addressing “key constraints that have limited the growth of domestic capital markets, especially government and […]
BPI stretches out loan payment programs

BPI stretches out loan payment programs

BPI logo Ayala-led Bank of the Philippine Islands has extended its deferred payment programs for consumer and business loans to align with the “Bayanihan We Heal as One” Act and the declaration of the Modified Enhanced Community Quarantine (MECQ) over the National...