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                    [ArticleID] => 300269
                    [Title] => ADB extends $44-M package for development of SMEs in RP
                    [Summary] => The Asian Development Bank (ADB) is extending a package of grants and loans amounting to roughly $44 million for the development of small and medium enterprises (SMEs) in the Philippines.


The package is composed of a partial credit guarantee facility of $18.4 million, a $25-million loan, and an equity investment potential worth $1 million. 


The loan carries a 15-year term with a three-year grace period, and an interest rate determined in accordance with ADB’s Libor-based lending facility.


                    [DatePublished] => 2005-10-06 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] => Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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ASA MALMSTROM ROGNES

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                    [ArticleID] => 300269
                    [Title] => ADB extends $44-M package for development of SMEs in RP
                    [Summary] => The Asian Development Bank (ADB) is extending a package of grants and loans amounting to roughly $44 million for the development of small and medium enterprises (SMEs) in the Philippines.


The package is composed of a partial credit guarantee facility of $18.4 million, a $25-million loan, and an equity investment potential worth $1 million. 


The loan carries a 15-year term with a three-year grace period, and an interest rate determined in accordance with ADB’s Libor-based lending facility.


                    [DatePublished] => 2005-10-06 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] => Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

ADB extends $44-M package for development of SMEs in RP

By Ted P. Torres | October 6, 2005 - 12:00am

The Asian Development Bank (ADB) is extending a package of grants and loans amounting to roughly $44 million for the development of small and medium enterprises (SMEs) in the Philippines. The package is composed...

Business