Big banks back Davao Trade Expo 2015

IN A bid to provide farmers better access to financing, the Davao City Chamber of Commerce and Industry Inc. (DCCCII) through its flagship event dubbed as Davao Trade Expo (Date) 2015 forged partnership with five big financial institutions in the country.

These are the Land Bank of the Philippines, Development Bank of the Philippines (DBP), Bank of the Philippine Islands (BPI), Banco De Oro (BDO) and Security Bank, all of which vowed to support the agri-financing forum set on the second day of the event.

Date 2015 is slated on September 25 to 27 at the SMX Convention Center.

"Our partner banks will showcase and present their programs on financing to the farmers. The forum will educate local farmers on how to access programs offered by banks," Mary Antonette Doromal, DCCCII executive director, said in an interview with Sun.Star Davao.

She said the forum is a good avenue for the banks to showcase their programs aimed at capacitating the budding small farmers.

"We want to take part in the development of the small farmers, especially on financial aspect," Doromal said.

The forum is open to all small and big farmers who are planning to expand their business, especially in livestock, poultry and aquaculture but have no access in financing.

Doromal said giving the farmers a venue to better access in financing with proper trainings in running their agribusiness is better than just teaching them plain principles and methodologies.

"We want to highlight that banks are very interested to support in the development and expansion of dairy industry,” she said.
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