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DBP-Max’s Group loan tie-up


State-owned Development Bank of the Philippines (DBP) recently granted a P2-billion assistance to Max’s Group Inc. (MGI) and wholly-owned subsidiary No Bia Inc. (NBI) under two term loan agreements to aid in financing the companies’ general corporate requirements and the construction and commissioning of a centralized commissary and distribution center in Carmona, Cavite.

Present during the ceremonial signing of loan agreements were DBP President and Chief Executive Officer Emmanuel G. Herbosa (seated fourth from left), MGI President and CEO Robert F. Trota (seated third from left) and NBI President and CEO Cristina T. Garcia (seated second from left).  Also in photo are MGI Chief Finance Officer Dave T. Fuentebella (seated first from left), MGI Chairperson Sharon T. Fuentebella (seated fifth from left), MGI Director and Chief Strategy Officer Carolyn Trota-Salud (seated sixth from left), and other officials from MGI, NBI and DBP.