LandBank grants P120-m loan to help Tuburan, Basilan

Philippines News News

LandBank grants P120-m loan to help Tuburan, Basilan
Philippines Latest News,Philippines Headlines
  • 📰 MlaStandard
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 55%

Defining the News

Tuburan, Basilan Mayor Jhaber Kallahal and Land Bank of the Philippines senior vice president Charlotte Conde lead the signing of a P120-million loan agreement to finance the municipal government of Tuburan’s acquisition of various heavy equipment. With them are Tuburan treasurer Abubakar Mohammad , LandBank Zamboanga City Lending Center head Zenaida Valencia and account officer Jaydee Bongon .

Tuburan Mayor Jhaber Kallahal and LandBank senior vice president Charlotte Conde signed the loan agreement on May 23, 2024 in Zamboanga City. “LandBank stands ready to serve the growth needs of partner local government units to bankroll initiatives that stimulate economic activities. This complements our efforts in support of the agriculture sector and other key industries contributing to building inclusive and sustainable local communities,” said LandBank president and chief executive Lynette Ortiz.

This will help reduce operational costs associated with renting and subcontracting equipment for current and future construction projects across the town.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

MlaStandard /  🏆 20. in PH

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tuburan gets 51 DSWD 7 projectsTuburan gets 51 DSWD 7 projectsSunStar Publishing Inc.
Read more »

Landbank launches GoBayani digital deposit account for OFWsLandbank launches GoBayani digital deposit account for OFWsSunStar Publishing Inc.
Read more »

Landbank launches GoBayani digital deposit account for Pinoys abroadLandbank launches GoBayani digital deposit account for Pinoys abroadLatest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.
Read more »

LandBank launches GoBayani digital deposit account for Filipinos overseasLandBank launches GoBayani digital deposit account for Filipinos overseasDefining the News
Read more »

DSWD taps LandBank to deliver financial aid to individuals in crisisDSWD taps LandBank to deliver financial aid to individuals in crisisDefining the News
Read more »

FACT CHECK: Facebook post contains fake link for Landbank job applicationFACT CHECK: Facebook post contains fake link for Landbank job applicationApplications for job vacancies at Landbank should be sent to the official email of the bank, submitted personally to its head office, or through the bank’s official website
Read more »



Render Time: 2025-02-19 12:39:47