PUV co&op loan freeze not affecting DBP credit growth
PUV co&op loan freeze not affecting DBP credit growth
A DECISION by the Development Bank of the Philippines (DBP) to suspend lending to some public utility vehicle (PUV) cooperatives is not expected to substantially affect loan growth this year, it said. “The DBP’s portfolio is diversified, so we’re not just concentrated on the PUVMP (PUV modernization program). There are other industries that we cater […]
A DECISION by the Development Bank of the Philippines (DBP) to suspend lending to some public utility vehicle (PUV) cooperatives is not expected to substantially affect loan growth this year, it said. “The DBP’s portfolio is diversified, so we’re not just concentrated on the PUVMP (PUV modernization program). There are other industries that we cater […]