Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Landbank in $275 Million Loan World Bank Wastewater Loan Accord

June 19 (Bloomberg) -- The Land Bank of the Philippines said it agreed to a $275 million loan with the World Bank for wastewater treatment improvements in the metropolitan Manila area as well as to boost water quality in Manila Bay.

The funds will be split between the country’s two largest water concessionaires, Manila Water Co. and Maynilad Water Services Inc., according to terms of the agreement.

“The lack of proper wastewater systems significantly damages the environment, especially our coastal waters, and poses a genuine threat to the health of our citizens,” said Landbank Chief Executive Officer Gilda E. Pico.

Link to Company News:{MWC PM <Equity> CN <GO>} Link to Company News:{1250Z PM <Equity> CN <GO>}

To contact the reporter on this story: Randall Hackley in Zurich at

To contact the editor responsible for this story: Randall Hackley at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.