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                    [ArticleID] => 86671
                    [Title] => SSS issues P643-M loans in H1
                    [Summary] => The Social Security System (SSS) released P643.18 million in commercial and development loans covering 27 projects from January to June this year.


Of this amount, P206.83 million went to a joint SSS-GSIS (Government Security and Insurance System) financing program focused on commercial loans to private sector borrowers.


The loans are coursed through conduit banks like the Development Bank of the Philippines (DBP) or the Land Bank of the Philippines (LBP). Interest rates reportedly range from 11 percent to 15 percent.


                    [DatePublished] => 2001-07-18 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] => Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

VITARICH INC

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    [results] => Array
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            [0] => Array
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                    [ArticleID] => 86671
                    [Title] => SSS issues P643-M loans in H1
                    [Summary] => The Social Security System (SSS) released P643.18 million in commercial and development loans covering 27 projects from January to June this year.


Of this amount, P206.83 million went to a joint SSS-GSIS (Government Security and Insurance System) financing program focused on commercial loans to private sector borrowers.


The loans are coursed through conduit banks like the Development Bank of the Philippines (DBP) or the Land Bank of the Philippines (LBP). Interest rates reportedly range from 11 percent to 15 percent.


                    [DatePublished] => 2001-07-18 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] => Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

SSS issues P643-M loans in H1

By Ted P. Torres | July 18, 2001 - 12:00am

The Social Security System (SSS) released P643.18 million in commercial and development loans covering 27 projects from January to June this year. Of this amount, P206.83 million went to a joint SSS-GSIS (Government...

Business