Biography of former DBP chairman launched DEVELOPMENT BOOK At the book launching at the end of October were, from left, Butch Dalisay, Luis Juan L. Virata, and DBP president and chief executive officer Emmanuel G. Herbosa. State-owned Development Bank of the Philippines (DBP) recently hosted the...
New Naga City Level 1 Hospital The Development Bank of the Philippines (DBP) granted a P700-million loan to the local government unit (LGU) of Naga City, Camarines Sur to fast-track public infrastructure and social development. The LGU will use the loan to build a three-storey Level 1 New Naga City...
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...
Celebrating a man who changed an institution—and the country—forever ‘O, Ilaw: The Life & Legacy of Leonides S. Virata’ When Leonides Virata, secretary of Commerce and Industry in 1969, and Development Bank of the Philippines (DBP) chairman 1970-1976, passed away at age 58 in 1976, he...
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...
Struggling flag-carrier Philippine Airlines (PAL) will not get any financial help from government financial institutions anytime soon, the Department of Finance (DOF) said Thursday, Sept. 9. During the virtual Senate briefing, Finance Secretary Carlos G. Dominguez III said that government-owned...
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...
State-owned Development Bank of the Philippines (DBP) continues to broaden its support for the developmental projects of key economic sectors with P414.72-billion in total loans to borrowers as of end-March 2021, up 12 percent from the P371.01 billion recorded for the same period last year, a top...
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 Philippine government, in partnership with one of Thailand’s biggest agriculture and food conglomerates, has launched a credit program for local hog raisers affected by the dreaded animal disease African Swine Fever (ASF). In a statement, the Department of Agriculture (DA), Development Bank...
