SUPPORTING MSMEs WITH DTI

 Rang-ay Bank continues to support activities of the Department of the Trade and Insdustry (DTI) as active participant in financing fora for Micro, Small & Medium Enterprises (mSME) organized DTI – La Union.

          Rang-ay Bank participated in the financing forum held last September 11, 2018 at the LGU Conference Hall of Balaoan La Union to promote mSME growth and development by providing business registration facilitation, advisory services and business development assistance.

          DTI La Union also conducted a Financing Forum last September 19, 2018 at the 4th floor of the e-Library, Agoo, La Union. Rang-ay Bank and various Micro-Small and Medium (mSME) entrepreneurs from the different municipalities in the Second District of La Union participated in the said forum.

          Throughout it’s more than 6 decades in countryside service, Rang-ay Bank supports the mSMEs by extending affordable Agri-business and SME Business loans to local businessmen. The bank continously develops new loan programs that cater to mSMEs thereby promoting growth and development in the communities. In 2017 alone, the bank extended P1.7Billion to mSMEs in new loans ranging from small sari-sari stores, backyard piggeries and market vendors; to subdivision developments, contract growers and building construction.