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PCCI wants agri-agra loan program handled by GFIs

dc.contributor.authorDesiderio, Louella D.
dc.date.accessioned2018-08-02T07:02:25Z
dc.date.available2018-08-02T07:02:25Z
dc.date.issued2015-01-02
dc.identifier.citationDesiderio, L. D. (2015, January 2). PCCI wants agri-agra loan program handled by GFIs. Philippine Star, p. B6.en
dc.identifier.urihttp://hdl.handle.net/20.500.12174/1358
dc.language.isoenen
dc.publisherPhilippine Star Printing Co., Inc.en
dc.relation.urihttps://www.philstar.com/business/2015/01/02/1408533/pcci-wants-agri-agra-loan-program-handled-gfisen
dc.subjectagricultureen
dc.subjectfinancial institutionsen
dc.subjectfisheriesen
dc.subjectfinancingen
dc.subjectGovernmentsen
dc.subjectpoliciesen
dc.titlePCCI wants agri-agra loan program handled by GFIsen
dc.typenewspaperArticleen
dc.citation.journaltitleThe Philippine Staren
dc.citation.firstpageB6en
local.seafdecaqd.controlnumberPS20150102_B6en
local.seafdecaqd.extractThe Philippine Chamber of Commerce and Industry (PCCI) wants lending to the agriculture sector and agrarian reform beneficiaries solely in the hands of government financial institutions (GFIs) as banks are unable to comply with the mandated level of loans to the sectors by law. PCCI president Alfredo Yao, whose group controls mid-sized lender Philippine Business Bank, told reporters banks find it difficult to comply with Republic Act (RA) 10000 or The Agri-Agra Reform Credit Act of 2009. The law mandates banks to set aside 25 percent of their loanable funds to the agriculture and fisheries sector, of which 10 percent will have to be provided to agrarian reform beneficiaries.en
local.subject.personalNameYao, Alfredo
local.subject.corporateNamePhilippine Chamber of Commerce and Industry (PCCI)en
local.subject.corporateNameGovernment Financial Institutions (GFIs)en
local.subject.corporateNamePhilippine Business Banken
local.subject.corporateNameBangko Sentral ng Pilipinasen
local.subject.corporateNameLand Bank of the Philippinesen


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