Country’s Biggest Cooperative of Military and other Uniformed Personnel Secures P5.0B Loan from PNB

[Left to right] ACDI MPC President BGen Alfredo G Ramirez AFP (Ret), Chairman MGen Gilbert S Llanto AFP (Ret), PNB President Florido P Casuela, and PNB FVP Kelvin S Aquilino led the signing of the loan agreement.

ACDI Multipurpose Cooperative, the country’s largest cooperative serving military and other uniformed personnel, has signed a P5.0-billion, five-year term loan agreement with Philippine National Bank (PSE: PNB) to strengthen its financial services and expand its reach.

The ceremonial signing took place at the PNB Financial Center in Pasay City on January 28, 2025, attended by key officials from ACDI MPC and PNB.

Through this partnership, ACDI MPC aims to enhance its financial offerings for active and retired military and other uniformed personnel, supporting their financial needs and long-term stability. PNB, a trusted banking partner for institutions and cooperatives, remains committed to empowering organizations like ACDI MPC by providing tailored financial solutions. ACDI MPC’s decision to engage PNB for this strategic loan underscores the cooperative’s financial resilience and long-term vision.

“This partnership with PNB allows us to move forward together in our mission of providing financial security and opportunities for our members,” said MGen Gilbert S. Llanto AFP (Ret), Chairman of ACDI MPC. “We remain committed to delivering innovative and accessible financial services that will uplift the lives of our country’s military, other uniformed personnel, and their families.”

The P5.0-billion loan from PNB is a key component of ACDI MPC’s expansion strategy, enabling it to extend more financial assistance to its members. PNB has committed to supporting ACDI MPC’s initiatives, with the bank now anticipating the drawdown of P4.5 billion from the approved loan. This funding will empower ACDI MPC to further enhance its lending services, providing greater financial stability and opportunities for military, other uniformed personnel, and their families.

ACDI MPC’s continued expansion reflects its dedication to financial empowerment within the country’s uniformed services sector. The cooperative is set to widen its reach and further improve its services, ensuring that military, other uniformed personnel, and their families have access to reliable financial assistance through strategic partnerships with institutions like PNB.