Marikina Government Signs Loan Agreement with Veterans Bank

Furthering its commitment to help local government units with their plans and programs, Philippine Veterans Bank recently signed a new loan agreement amounting to Php 600 million with the City Government of Marikina.

An earlier loan of Php 500 million obtained by the city was used to improve school buildings, sidewalks, and other approved local development plans and public investment programs. Part of the said loan was also used to finance the building of a new convention center and the Marikina Sports Center.

The new loan from PVB will help support the development of various projects and programs of the incumbent administration.

Signing the new loan agreement were (seated, L-R) PVB EVP Severo C. Leagogo; PVB President and CEO Ricardo A. Balbido Jr.; Marikina Mayor Del R. de Guzman; and Marikina Vice-Mayor Jose Fabian I. Cadiz. Witnessing the signing were (standing, L-R) PVB Marikina Staff Emma Miņoso, PVB Marikina Branch Head Ezmeralda Halal, Marikina Accountant Erlinda Gonzales, Marikina Consultant Natividad Cabalquinto, Marikina Budget Officer Zenaida Santos, PVB Corporate Banking Officer Virgil Nery, PVB Legal Head Atty. Roel Costuna, Marikina Councilor Eva Aguirre-Paz, PVB Government Credits and Specialized Lending Department Head Roberto Noceda, Marikina Councilors Mark Albert del Rosario and Joseph Banzon.



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For any questions or clarifications, please call:
Mike Villa-Real
Vice-President
Corporate Communications and Marketing Services Dept.
Tel: 902-1670
Email: mcvillareal@veteransbank.com.ph