Quote Originally Posted by marg View Post
From his banks: BDO, Chinabank, and formerly Equitable PCI.

That is the difference between you and the Billionaires. They have mastered the art of using OPM........... Other Peoples Money

Pay only 1.5% per annum interest to your depositors. Get ROI from your mall operations within 2 or 3 years
x2 on what Boybi said. Owners are limited when it comes to borrowing from their own banks because of regulations set by the BSP, DOSRI (Directors, Officers, Stockholders, Related Interests). If they want to borrow, it has to be fully backed by deposited funds (back to back) or something like that.