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                    [Title] => BPI establishes microfinance unit
                    [Summary] => After being content with using the BPI Foundation Inc. as its outlet for microfinancing, the Bank of the Philippine Islands (BPI) has finally formalized microlending into its system by forming a microfinance unit curiously under its corporate banking division. 


BPI vice president for microfinance Josaias T. dela Cruz said that they will basically be lending to microfinance institutions (MFIs) since it does not have the capability for direct lending. 


"Aside from wholesale lending to MFIs, the funds will also held develop capacity building," Dela Cruz said.


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                    [Title] => BPI establishes microfinance unit
                    [Summary] => After being content with using the BPI Foundation Inc. as its outlet for microfinancing, the Bank of the Philippine Islands (BPI) has finally formalized microlending into its system by forming a microfinance unit curiously under its corporate banking division. 


BPI vice president for microfinance Josaias T. dela Cruz said that they will basically be lending to microfinance institutions (MFIs) since it does not have the capability for direct lending. 


"Aside from wholesale lending to MFIs, the funds will also held develop capacity building," Dela Cruz said.


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                    [Title] => BPI establishes microfinance unit
                    [Summary] => After being content with using the BPI Foundation Inc. as its outlet for microfinancing, the Bank of the Philippine Islands (BPI) has finally formalized microlending into its system by forming a microfinance unit curiously under its corporate banking division. 


BPI vice president for microfinance Josaias T. dela Cruz said that they will basically be lending to microfinance institutions (MFIs) since it does not have the capability for direct lending. 


"Aside from wholesale lending to MFIs, the funds will also held develop capacity building," Dela Cruz said.


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GRAMEEN FUND

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                    [Title] => BPI establishes microfinance unit
                    [Summary] => After being content with using the BPI Foundation Inc. as its outlet for microfinancing, the Bank of the Philippine Islands (BPI) has finally formalized microlending into its system by forming a microfinance unit curiously under its corporate banking division. 


BPI vice president for microfinance Josaias T. dela Cruz said that they will basically be lending to microfinance institutions (MFIs) since it does not have the capability for direct lending. 


"Aside from wholesale lending to MFIs, the funds will also held develop capacity building," Dela Cruz said.


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                    [Title] => BPI establishes microfinance unit
                    [Summary] => After being content with using the BPI Foundation Inc. as its outlet for microfinancing, the Bank of the Philippine Islands (BPI) has finally formalized microlending into its system by forming a microfinance unit curiously under its corporate banking division. 


BPI vice president for microfinance Josaias T. dela Cruz said that they will basically be lending to microfinance institutions (MFIs) since it does not have the capability for direct lending. 


"Aside from wholesale lending to MFIs, the funds will also held develop capacity building," Dela Cruz said.


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                    [Title] => BPI establishes microfinance unit
                    [Summary] => After being content with using the BPI Foundation Inc. as its outlet for microfinancing, the Bank of the Philippine Islands (BPI) has finally formalized microlending into its system by forming a microfinance unit curiously under its corporate banking division. 


BPI vice president for microfinance Josaias T. dela Cruz said that they will basically be lending to microfinance institutions (MFIs) since it does not have the capability for direct lending. 


"Aside from wholesale lending to MFIs, the funds will also held develop capacity building," Dela Cruz said.


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abtest

BPI establishes microfinance unit

April 11, 2006 - 12:00am

After being content with using the BPI Foundation Inc. as its outlet for microfinancing, the Bank of the Philippine Islands (BPI) has finally formalized microlending into its system by forming a microfinance unit...

Banking

BPI establishes microfinance unit

April 11, 2006 - 12:00am

After being content with using the BPI Foundation Inc. as its outlet for microfinancing, the Bank of the Philippine Islands (BPI) has finally formalized microlending into its system by forming a microfinance unit...

Banking

BPI establishes microfinance unit

April 11, 2006 - 12:00am

After being content with using the BPI Foundation Inc. as its outlet for microfinancing, the Bank of the Philippine Islands (BPI) has finally formalized microlending into its system by forming a microfinance unit...

Banking