The La Union Chamber of Rural Banks (LUCRUB) and the Regional Tripartite Wages and Productivity Board – Region I (RTWPB-I) officially sealed their partnership through a Memorandum of Agreement (MOA) Signing, marking a significant step toward promoting productivity and inclusive growth in the region last 17 March 2026. 

The agreement highlights both institutions’ shared commitment to strengthen the capabilities of rural banks and support micro, small, and medium enterprises (MSMEs) through productivity enhancement programs and capacity-building initiatives. 

Through this collaboration, RTWPB – I provides the necessary training and certification to establishments, and the LUCRUB, through its member banks, provides preferential financial benefits through the grant of “prime” loan rates to those successfully certified.  

Representatives from both organizations expressed their enthusiasm for the collaboration, emphasizing that the MOA signifies a unified effort to empower enterprises, improve livelihoods, and contribute to the region’s economic resilience. (Fredilyn M. Alag)