DBP grants P150-M credit line for modern PUVs manufacturer

By The Manila Times

Jan 18, 2021 12:14 am

n (From left) DBP First Vice President Daniel Gonzales, DBP Executive Vice President Jose Gabino Dimayuga, Hino Motors Philippines Corporation President Mitsuharu Tabata and HMPC Treasurer Susumu Myokan.

State-owned Development Bank of the Philippines (DBP) has granted a P150-million revolving credit line for Hino Motors Philippines Corporation (HMPC) to augment its working capital in the manufacture and distribution of its commercial vehicles such as trucks, buses and modern public utility vehicles (PUVs).

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