State-run Development Bank of the Philippines (DBP) will continue to seek regulatory and dividend relief for several more years as it aims to recover the capital it infused into the Maharlika Investment Corp. (MIC). DBP President and Chief Executive Officer Michael O. de Jesus told reporters last...
State-run Development Bank of the Philippines (DBP) is looking at issuing peso-denominated bonds next year as part of its fundraising efforts to recoup the ₱25-billion capital it injected into Maharlika Investment Corp. (MIC). On the sidelines of the DBP’s event, DBP Executive Vice President...
An international group of audit practitioners has named a senior executive of state-owned Development Bank of the Philippines (DBP) as “Chief Audit Executive of the Year”, citing his contributions in elevating the internal audit function in the government service. Senior Vice President Ryan R....
State-owned Development Bank of the Philippines (DBP) has been recognized for its best practices in human resources management, particularly in utilizing employee engagement and organizational development in building a future-ready institution, a top official said. DBP President and Chief Executive...
State-owned Development Bank of the Philippines (DBP) has launched a ₱510-million corporate social responsibility (CSR) program designed to strategically allocate resources and promote access to quality education in both the basic and tertiary levels, a top official said. DBP President and Chief...
State-owned Development Bank of the Philippines (DBP) has extended a ₱815-million term loan to a mass housing developer to construct three residential buildings in Bulacan, heeding the call from President Marcos to broaden support for the housing sector. The DBP’s funding, which was extended to...
State-owned Development Bank of the Philippines has successfully raised ₱8.25 billion in fresh funds from its latest dual local bond offering as it continues to diversify its funding sources to support more projects aligned with the national government’s economic development agenda, a top...
State-owned Development Bank of the Philippines (DBP) has been recognized by an international group of development financial institutions for its programs aimed at advancing financial inclusion in agriculture and restoring forest cover. DBP President and Chief Executive Officer Michael O. de Jesus...
State-run Development Bank of the Philippines (DBP) reported that its net income surged to ₱1.61-billion in the first quarter of the year, an 82 percent increase from a year earlier due to intensified lending activities in its priority sectors and key industries. In a statement, DBP President and...
State-owned Development Bank of the Philippines (DBP) would aggressively expand its network of sectoral partners and linkages as the Bank aims to ramp up support to the National Government’s efforts to rehabilitate and improve forest cover in key areas across the country, a top official said. DBP...
Photo shows DBP Senior Vice President Mario Rey T. Morales (second from left), DBP Senior Vice President Ana Marie E. Veloso (third from left), DBP Vice President Raquel C. Atienza (third from right), and DBP Senior Assistant Vice President Maria Eliza C. Galvan (second from right) receiving the...
The Development Bank of the Philippines (DBP), led by Branch Banking Sector Acting Head Senior Vice President, Carolyn I. Olfindo (center), Operations Sector Officer-in-Charge Senior Vice President Catherine T. Magana (sixth from left), Corporate Services Sector Officer-in-Charge Senior Vice...