The Philippine National Bank (PNB) recently signed a Loan and Mortgage Agreement with Limketkai Sons, Inc. (LKKS) for the latter’s infrastructure projects that will further expand and enhance the Limketkai Center as the central business district (CBD) of Northern Mindanao.

The 30-hectare Limketkai Center now comprises the Limketkai Mall (which houses about 400 shops, boutiques, department stores and supermarkets, restaurants and food outlets, services companies, movie-houses and entertainment arcade), commercial banks, a row of resto-bars and coffee shops (which include the first Starbucks Coffee in Mindanao) and a 4,000-person capacity multi-function Atrium and convention/concert hall. At present, Limketkai Hotel & Resorts Corporation is also building its 18-storey hotel beside LKKS’s recently completed twin office towers.

PHOTO: Standing from left are: PNB Mindanao Commercial Lending Centers Division Head VP Noel Nalzaro; PNB Institutional Banking Sector Head EVP Marlene Piccio; PNB President & CEO Eugene Acevedo; Limketkai Sons, Inc. President & CEO Alfonso Lim; Limketkai Sons, Inc. EVP & COO Albino Limketkai; and Limketkai Sons, Inc. Finance Manager Henry Jumawid.

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