Ricardo Balbido, Jr., President and CEO of Philippine Veterans Bank (PVB) and Lydia Orial, President and CEO of LGU Guarantee Corporation (LGUGC) formally signed the Guarantee Line Agreement of P1Billion last January 19, 2010 at the AIM Conference Center Manila, Makati City. The agreed guarantee line will be used for local government units that have been granted a loan or other forms of credit accommodations by the bank. The agreement was also signed by Joan De Jesus, Vice President of Metrobank Trust Corporation (MBTC) and witnessed by (standing L-R) Plato Tirol; PVB Senior Manager; Anna Gadia and Marilen Trinidad, MBTC Account Officers; Meliza San Luis, PVB Senior Manager: Aileen Castro of LGUGC; Carlos Rheal Cervantes, PVB Vice President and head of Corporate Finance; John Michael Vitug, PVB Assistant Manager; and Miguel Ledesma, LGUGC Account Officer.

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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