Lender targets public school teachers

Quick Summary:

THE Legazpi Savings Bank, a wholly-owned subsidiary of the Bank of the Philippine Islands, would expand its loan business in the country, initially targeting public school teachers, according to its president, Jerome B.Minglana.

The LSB has 17 branches and regular branch-lite units with deposit-taking operations, and 10 limited units with no deposit-taking, strategically located in 18 provinces in the country.

The LSB officially became part of the BPI on January 1, 2024, as a result of the merger between BPI and Robinsons Bank, with BPI as the surviving entity.

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Article Details

Author / Journalist: VG Cabuag

Category: BusinessStartups

Markets: Philippines

Topics: Minglana Business Bank Percent Nationwide Public Government Financial Teachers School Deped

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-26 @ 16:05:00 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 502 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 23891832

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Official Website: businessmirror.com.ph

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Coverage Areas: Philippines

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