Thursday, 18 June 2020

The planned issuance of the country’s first COVID Action Response Bonds

BPI said proceeds from the issuance will be used to finance or refinance eligible Micro, Small and Medium Enterprises (MSMEs) under the Bank’s recently established Sustainable Funding Framework.

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 This is in recognition of the significant contribution of MSMEs to the Philippine economy and as a direct response to their needs as one of the sectors hardest hit by the global pandemic.

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