DBP DA and fintech firm forge alliance to back agripreneurs Bahrain

  • DBP DA and fintech firm forge alliance to back agripreneurs Bahrain
  • DBP DA and fintech firm forge alliance to back agripreneurs Bahrain
  • DBP DA and fintech firm forge alliance to back agripreneurs Bahrain
  • Will DBP be a settlement bank?
  • DBP President and Chief Executive Officer Emmanuel G. Herbosa said DBP would serve as a settlement bank to the lending conduits of the Agricultural Credit Policy Council and PayMaya Philippines, Inc. in the implementation of the Kapital Access for Young Agripreneurs (KAYA) loan program of the DA.
  • What does DBP do?
  • DBP is the eighth largest bank in the country in terms of assets and provides credit support to four strategic sectors of the economy – infrastructure and logistics; micro, small and medium enterprises; environment; social services and community development. As of end-March, DBP has disbursed more than P 371-billion in loans to various borrowers.
  • Why is DBP partnering with DBP?
  • “DBP takes pride in this partnership which opens a whole new spectrum of opportunities in boosting agricultural productivity, food security and self-sufficiency, and in eradicating poverty and hunger, especially in the countryside,” Herbosa said.
  • How much money has DBP disbursed in Kaya loans?
  • As of end-March, DBP has disbursed more than P 371-billion in loans to various borrowers. KAYA is DA’s first digitized financing program to support the capital requirements of start-up or existing agri-based projects of young entrepreneurs.

Recommended hot-selling products