The House plenary (Facebook) The House of Representatives overwhelmingly approved on third and final reading during plenary session Tuesday, Jan. 28 a measure enacting a new charter for the Development Bank of the Philippines (DBP)....
Dividends from the Maharlika Investment Corporation (MIC) will not offer relief for the recapitalization of the Land Bank of the Philippines (Landbank) and the Development Bank of the Philippines (DBP), the head of the sovereign wealth fund stated. During a Jan. 28 press conference,...
State-owned Development Bank of the Philippines (DBP) was honored by the chief regulator of government-owned and controlled corporations (GOCCs) for its consistent adherence to good corporate governance principles, top officials said. DBP President and Chief Executive Officer Michael O. de...
Development Bank of the Philippines (DBP) said it will request an extension of regulatory relief from the central bank, following its investments in the Maharlika Investment Fund (MIF), while the Land Bank of the Philippines (Landbank) does not see the need for it. On the sidelines of the 2025...
DBP President and Chief Executive Officer, Michael O. de Jesus, displays his “Top Leaders in Asia” award conferred by Malaysia-based MORS Group during awarding rites held recently in Bangkok, Thailand. State-owned Development Bank of the Philippines (DBP) President and Chief Executive...
DBP President and Chief Executive Officer Michael O. de Jesus (third from left) accepts the Green Initiatives Award in recognition of the state-owned Bank's pioneering and enduring sustainability efforts. Also in photo are (from left): MORS Group president Dr. Shanggari Balakrishnan,...
Senator Ronald “Bato” Dela Rosa on Wednesday, December 11 questioned the memorandum of agreement (MOA) among the Philippine Health Insurance Corp. (PhilHealth), Development Bank of the Philippines (DBP) and Tingog Party-list supposedly for the Rural Financing Health Development Program. ...
It’s easy to feel frustrated and point fingers when facing abnormal weather patterns, especially in the disaster-stricken Philippines, where calamities swing by like unwanted visitors who frequent poor communities. Lest we forget, developing nations suffer the most from rich countries'...
State-owned Development Bank of the Philippines (DBP) has relocated its two branches as part of efforts to make its customer touchpoints more accessible to the public, a top official said. DBP President and CEO Michael O. De Jesus said that the latest office relocation of DBP P. Tuazon Branch in...
Manila Bulletin Business Development Manager Jordan Tan, DBP President and Chief Executive Officer Michael O. de Jesus, and MB Sustainability Forum Project Lead Philip Cu Unjieng The Development Bank of the Philippines (DBP) announces its participation in the Manila Bulletin Sustainability Forum...
The Bangsamoro Government is poised to take over the Development Bank of the Philippines' (DBP) shares in the Al-Amanah Islamic Investment Bank of the Philippines (AAIIBP), a move that aims to strengthen its economic autonomy and support development initiatives in the region. Finance Secretary...
Many cooperatives that borrowed from the Development Bank of the Philippines (DBP) have struggled to meet their obligations under the public utility vehicle (PUV) modernization program, the bank's chief executive said. During a Senate budget hearing on Tuesday, Aug. 27, Michael de Jesus, DBP...