Present during the loan signing were (from left) CMC Vice President for Marketing Rommel Juan, DBP First Vice President Daniel Gonzales, DBP Executive Vice President Jose Gabino Dimayuga, and CMC President Raphael Juan.
State-owned Development Bank of the Philippines (DBP) has granted a P100-million revolving credit line to Centro Manufacturing Corporation (CMC) to finance its working capital requirements for the assembly of truck bodies, automotive parts and accessories, a top official said.