President Ferdinand 'Bongbong' Marcos Jr. is keen on merging the Development Bank of the Philippines (DBP) and the Lank Bank of the Philippines (Land Bank), which he called as a game changer amid recent financial developments abroad. ManilaBulletin
President Ferdinand "Bongbong" Marcos Jr. supports the proposal to merge the Development Bank of the Philippines and the Lank Bank of the Philippines
According to Malacañang, Marcos believes that the long-time unimplemented merging proposal "aims to have a more robust and competitive bank that will provide better and more accessible financial services for Filipinos." "As you know, this merger has been approved during the time of President Aquino through the GCG. It was not implemented. It was taken up during Duterte's term, it was also not implemented. But given what is happening now globally, you have banks which are now being closed...So there's really a strong need for solidifying the government bank," Diokno further said.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Marcos: Admin ‘still studying’ how to use idle gov’t land for public housingMarcos on Monday attended the groundbreaking of a housing community in Valenzuela City and the inauguration of new buildings in an existing housing project in Malabon. READ:
Baca lebih lajut »
LandBank opens P333 million credit facility for coconut farmersState-run Land Bank of the Philippines (LandBank) opened a P333.3-million credit facility which coconut farmers can tap to boost their working capital and increase production.
Baca lebih lajut »
Call for gender equality, women empowerment takes center stage in CNN Philippines' summitAs the world celebrates WomensMonth, Filipino experts and advocates stressed that women from all walks of life still fight for inclusivity and equity. EmbraceEquity
Baca lebih lajut »
How Irving Berlin helped liberate the PhilippinesA few years ago, there was an FB post in a group page that talked about a piano American composer Irving Berlin used when he visited Tacloban in 1945. ManilaBulletin
Baca lebih lajut »
First Lady Liza Marcos posts photo with ImeldaAfter rumors circulated last week that former first lady Imelda Marcos had passed away, current First Lady Liza Araneta-Marcos on Sunday posted a photo of herself next to her mother-in-law.
Baca lebih lajut »