The estimated time in processing a bank home loan is around one to two months, not discounting the many holidays in the Philippines that would shut down working days. On the other hand, borrowers who already have a home in mind to buy would consider the time spent to get bank financing a...
The article reports that the governing board of the World Bank approved a loan for road infrastructure to the Philippines on May 13, 2008. This loan was reportedly opposed by the board in October 2007 due corruption allegations in the bidding of an earlier construction loan program involving ...
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The Philippines' Department of Finance (DOF) and the World Bank (WB) have signed a loan agreement of 600 million U.S. dollars to fund a rural development project that will modernize agriculture and improve infrastructure, the finance department said on Monday. ...
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The government is currently in the process of strengthening the Philippines' institutional framework for disaster risk management through the creation of a new department for disaster risk and resilience. The World Bank said the loan will support key policy reforms being undertaken by the government in...
bank loan- a loan made by a bank; to be repaid with interest on or before a fixed date business loan,commercial loan- a bank loan granted for the use of a business interbank loan- a loan from one bank to another loan- the temporary provision of money (usually at interest) ...
MANILA, June 23 (Xinhua) -- The World Bank approved a 178.1-million-U.S. dollar loan on Thursday to support the Philippines' efforts in addressing malnutrition. The Washington-based bank said it will support the delivery of nutrition and health care services at the primary care and community...
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