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                    [ArticleID] => 156729
                    [Title] => PNB proposes loan swap with gov’t
                    [Summary] => The Philippine National Bank (PNB) wants to collect on some P800 million in loans which the government to finance its various public projects. Otherwise, the bank is asking government to write off an equivalent amount from its P25-billion emergency loan in some kind of an offsetting or loan swapping scheme.


Bank sources said PNB wants the government to pay for a P300-million loan used in the Smokey Mountain Rehabilitation project which was launched during the Ramos Administration.


                    [DatePublished] => 2002-04-10 00:00:00
                    [ColumnID] => 133272
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SMOKEY MOUNTAIN REHABILITATION

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                    [ArticleID] => 156729
                    [Title] => PNB proposes loan swap with gov’t
                    [Summary] => The Philippine National Bank (PNB) wants to collect on some P800 million in loans which the government to finance its various public projects. Otherwise, the bank is asking government to write off an equivalent amount from its P25-billion emergency loan in some kind of an offsetting or loan swapping scheme.


Bank sources said PNB wants the government to pay for a P300-million loan used in the Smokey Mountain Rehabilitation project which was launched during the Ramos Administration.


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abtest

PNB proposes loan swap with gov’t

April 10, 2002 - 12:00am

The Philippine National Bank (PNB) wants to collect on some P800 million in loans which the government to finance its various public projects. Otherwise, the bank is asking government to write off an equivalent amount...

Business