Global Trade Alert
Global Trade Alert

Philippines: DBP and LandBank provided a PHP 110 billion loan facility to the Power Sector Assets and Liabilities Management Corporation

Announcement

15 Aug 2024

In August 2024, the Development Bank of the Philippines and the Land Bank of the Philippines provided a PHP 110 billion (USD 1.94 billion) loan facility to the Power Sector Assets and Liabilities Management Corporation to enhance the competitiveness of the country’s local power industry. 

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

15 Aug 2024

Revocation date:

No revocation date

Updated: 15 Aug 2024
State loan In force

On 15 August 2024, the Landbank of the Philippines provided a PHP 60 billion (USD 1.05 billion) loan facility to the Power Sector Assets and Liabilities Management Corporation (PSALM).

Acco...

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Updated: 15 Aug 2024
State loan In force

On 15 August 2024, the Development Bank of the Philippines (DBP) provided a PHP 50 billion (USD 881.81 million) loan facility to the Power Sector Assets and Liabilities Management Corporation (PSAL...

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