Monday 17 December
Jul 16, 2018 @ 18:46

Metrobank extends P2.5B for Pepsi expansion


The loan agreement has been refreshed.

Bilyonaryo George Ty has revived its commitment to finance expansion plans of Pepsi-Cola Products Philippines Inc. for another five years.

The Philippine Star reported that Ty’s Metropolitan Bank & Trust Co. has extended a fresh P2.5-billion loan line for the listed beverage maker, which will support local expansions.

Pepsi remains upbeat about the Philippine market despite new taxes imposed on soft drinks and other sugary drink products.

Please follow and like us:

Tags: ,

Related Stories
Philippine Savings Bank, the thrift banking arm of Metropolitan Bank & Trust Co., has firmed
This bank saw profits soar by more than half in the third quarter.
Warmer relations with China led to this breakthrough.
Metropolitan Bank & Trust Co. said its chairman Arthur Ty has purchased an additional 53,390


Trending News

Recommended on sister sites

Copyright © 2018 Bilyonaryo - Latest news on the richest Filipinos and Family Business.