12 months Solon bats for LBP-DBP merger amid Duterte’s SONA tirade MB
By Ellson Quismorio How about re-exploring the halted merger between the Land Bank of the Philippines (LBP) and Development Bank of the Philippines (DBP)? Oriental Mindoro 1st district Rep. Doy Leachon floated this idea Monday, a week after the LBP became the subject of a high-profile tirade of President Rodrigo Duterte, in his fourth State of the Nation Address (SONA), no less. “I’m actually for [the] merger of LBP and DBP,” Leachon, chairman of the House Justice Committee in the 17th Congress, said in a text message. The lawmaker went on to justify his position on the merger of the ... more