| LBP, mayors sign
P319M loan MOAs
BY CARLA GOMEZ
The president of the Land Bank of the Philippines and three mayors of Negros Occidental signed memorandums of agreement for a total of P319.40 million in loans at the provincial Capitol in Bacolod City yesterday.
“We look at local government units as our very reliable partners in countryside development,” LBP president and chief operating officer Gilda Pico said.
As of February 2008, LBP’s total outstanding loans to LGUs amounted to P28.4 billion in 647 provinces, cities and towns for projects ranging from farm to market roads, bridges, water systems, slaughterhouses, bus terminals, she said..  
|