BPI to raise P5B from bond offer to support MSMEs

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BPI to raise P5-B from bond offer to support MSMEs

In a disclosure to the Philippine Stock Exchange, BPI said it intends to issue up to P5 billion of 1.5-year Peso Fixed-Rate Bonds due in 2024.

BPI said it recognizes the significant contributions of MSMEs to the Philippine economy, as they account for 99.6% of businesses and 64.7% of total employment in the country.

 

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