DBP lends P1.6 B to CamSur projects 121 SHARES Share it! Share TweetBy Lee C. ChipongianState-owned Development Bank of the Philippines (DBP) released P1.6 billion worth of loans to Camarines Sur for infrastructure, public facilities and social services projects. “These projects have helped boost the local economy and generate jobs by energizing the tourism sector in the province,” said Borromeo. The local economy is dependent on agriculture, fishery, and tourism. “This is the first loan dealing of DBP with the municipality, which is considered as the summer capital of Camarines Sur,” said Borromeo.

Source: Manila Bulletin December 16, 2018 13:52 UTC