The bill mandates the Development Bank of the Philippines (DBP) and LandBank of the Philippines (LBP) to expand their loan assistance programs to MSMEs engaged in infrastructure, service industry, and/or manufacturing business, as well as grant loans to local government units.
One of the priority legislations of the administration, the GUIDE bill also provides a P100 billion capital stock to DBP to be divided into one billion common shares with a value of P100 per share, which will be fully subscribed by the national government.
P2.5 billion as additional paid-up capital of the DBP, for the purposes of lending under the loan assistance program to qualified MSMEs, its rediscounting and other programs The measure also requires DBP and LBP to rediscount loans and credit accommodations subject to applicable prudential standards and regulations of government agencies.
summary of disputed claims against the debtor and a report on the provisioning of funds to account for appropriate payments should any such claims be ruled valid or their amounts adjusted
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