Nueva Vizcaya PLGU, DBP to sign loan deal for workers

BAYOMBONG, Nueva Vizcaya — The provincial government here and the Development Bank of the Philippines(DBP) are set to sign an agreement for the provision of salary loan at low interest rates among local government employees.

Governor Carlos Padilla said that under the agreement, the DBP Solano branch would establish a Salary Loan Facility(SLF) to qualified officials and employees of the provincial capitol in this town.

PLGU workers with net pay not lower than Php 3,000 a month are qualified to avail of the PLGU – DBP loan program, PNA/