63577 The Development Bank of the Philippines (DBP) approved a P2.5-billion loan to Innov Block Development Corporation (IBDC) to fund the ongoing construction of The Limketkai Podium – a lifestyle and commercial mall in northern Caloocan City. Of particular interest to the state-owned bank is...
contact-us-1 The Development Bank of the Philippines (DBP) launched a new loan program for utility-scale solar power developers in the country and boost investments in the renewable energy sector, President and Chief Executive Officer Emmanuel G. Herbosa announced Dec. 28, 2021. Specifically, the...
DBP The Development Bank of the Philippines (DBP) granted a P200-million loan to the Municipality of Balayan in Batangas to finance various development projects. Specifically, the loan proceeds will be used to improve the Balayan New Government Center, acquire a lot for a sanitary landfill and...
DBP-Bldg-news-1080x714-1 The Development Bank of the Philippines (DBP) granted a P311.8-million term loan to the local government unit (LGU) of Tuguegarao City for public infrastructure and agriculture productivity enhancement. Specifically, the loan will finance the construction of a core shelter...
DBP PCEO EGHerbosa The Association of Development Financing Institutions in Asia and the Pacific (ADFIAP) named Development Bank of the Philippines (DBP) President and Chief Executive Officer Emmanuel G. Herbosa as Outstanding CEO in its recently-concluded Development Awards in Manila. The award is...
The Development Bank of the Philippines (DBP) approved P38.28-billion financing assistance to 110 Local Government Units (LGUs) for the first six months of 2021 to hasten the country's economic recovery. The bank granted the funding support via its Assistance for Economic and Social Development...
DBP-Bldg-news-1080x714 The Development Bank of the Philippines (DBP) has approved P39.5-billion worth of loans under its flagship credit program to fund gaps in the country's infrastructure development, DBP President and Chief Executive Officer Emmanuel G. Herbosa announced, Thursday, Oct. 7, 2021....
State-owned Development Bank of the Philippines (DBP) has released P8.5 billion to help rehabilitate public and private companies affected by the prolonged-pandemic. DBP-Bldg-news-1080x714 In the first six months of the year, DBP said the lender has assisted 90 firms under its Rehabilitation...
The Development Bank of the Philippines (DBP) granted a P115-million term loan to install six solar-powered irrigation systems (SPIS) in Taraka, one of the largest municipalities in Lanao del Sur. The SPIS will irrigate 1,200 hectares of agricultural lands and provide potable water to 26 barangays...
The Development Bank of the Philippines (DBP) just gained the distinction of becoming the second local institution and one of 10 foreign ones accredited by the United Nations-backed Green Climate Fund (GCF) for climate mitigation and adaptation initiatives in developing countries. This allows the...
The Development Bank of the Philippines (DBP) Friday, (June 18) unveiled a P12 billion credit facility to boost pork production. The bank works closely with the Department of Agriculture (DA) and stakeholders in the hog industry to increase pork production to meet consumer demand and stabilize the...
The Development Bank of the Philippines (DBP) and the Local Government of Manila today, May 21, signed a P10 Billion 15-year term loan agreement to fund public infrastructure projects in the capital. Specifically, the city government will use the fund to build school buildings in three districts,...