An international association of development banks and financial institutions recognized the Development Bank of the Philippines (DBP) for promoting energy efficiency. The Association of Development Financing Institutions in Asia and the Pacific (ADFIAP) gave DBP’s Energy Efficiency Savings...
After intensifiyng its lending activities, the Development Bank of the Philippines (DBP) netted P5.35-billion earnings in the first nine months of 2022, up 177 percent versus the same period last year. The growth in the state-owned bsnk’s loans to borrowers, as well as the continued rise in net...
The Development Bank of the Philippines (DBP) granted P152.1-million credit assistance to a Batangas-based transport cooperative for the acquisition of 85 modern Public Utility Jeepney (PUJs) units, to promote sustainable transport system in the province, the 7th most populous in the country. The...
The Development Bank of the Philippines (DBP) loaned P500 million to a Cavite-based healthcare institution to build a hospital to serve the municipality of Alfonso and nearby towns. The credit assistance to Ridgeview Hospital and Medical Center, Inc. (RHMCI) comes under the bank's Strategic...
The Development Bank of the Philippines (DBP) has signed an agreement with the Department of Human Settlements and Urban Development (DHSUD) to provide informal settlers with one million affordable units annually until 2028. “DBP is honored to take part in the DHSUD’s thrust for the housing...
The Development Bank of the Philippines’ (DBP) netted P2.76-billion income for the first half of 2022, up 131 percent versus the same period last year, due to significant increase in loan volume and interest income, along with lower cost of funds. “DBP re-affirmed its commitment to hasten the...
The Development Bank of the Philippines (DBP) granted P1.286-billion loan to build the first heart and brain center in Region IV-A. The borrower, Batangas-based Global East Medical Center Lipa, Inc. (GEAMC), will enhance the delivery of basic and specialized health services in the...
The Development Bank of the Philippines (DBP) considers giving financial grants to three local inventors, winners of the most promising solutions and technologies for critical sectors of the economy. The bank may fund winners of the Filipino Inventors Society (FIS) contest, “The Inventor’s...
The Development Bank of the Philippines (DBP) granted a P2.3-billion loan for a new economic zone in the coastal town of Pilar, Bataan. announced DBP President and Chief Executive Officer Emmanuel G. Herbosa said the loan to real estate firm Diamond Land Resources, Inc. (DLRI), owned by New San...
The Development Bank of the Philippines (DBP) is funding Kiangan Mini Hydro Corporation (KMHC)'s P2.6-billion consolidation of three river systems into two renewable power projects in Ifugao. “DBP’s credit support to the Asin-Hungduan and Ibulao1 Mini Hydropower Projects demonstrates our...
The Development Bank of the Philippines (DBP) loaned P715 million to a private hospital chain to build a new medical facility in the municipality of Pilar in Bataan province. The state-owned bank granted the loan to Allied Care Experts (ACE) Group for the ongoing construction of their start-up...
Present during the signing of the loan agreement were (sitting, from left) LAMCI Treasurer Dra. Jane Cleofe-Panaligan; DBP Senior Vice President Catherine T. Camarao; LAMCI President Dr. Oscar C. Evangelista; DBP President and Chief Executive Officer Emmanuel G. Herbosa; LAMCI Chairman Dr. Roberto...
