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...
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...
61908 State-owned Development Bank of the Philippines (DBP) signed a memorandum of agreement with the Social Housing Finance Corporation (SHFC) to fund socialized housing projects. The DBP Credit Facility for SHFC Contractors and Developers will provide short-term loans to SHFC-accredited...
61607 The Development Bank of the Philippines (DBP) is partnering with the Filipino Inventors Society, Inc. (FIS) for viable local projects and indigenous technologies. Specifically, the state'owned bank is developing the Inventor’s Pitch - a bridging program to commercialize five local...
contact-us-1 The Development Bank of the Philippines (DBP) has extended P2.1-billion loans to two hydro-energy projects that will augment power supply for the Luzon and Visayas Grids. DBP President and Chief Executive Officer Emmanuel G. Herbosa said the loan under the Financing Utilities for...
The Bureau of Internal Revenue (BIR) has partnered with the Development Bank of the Philippines (DBP) and MyEG for a payment service that allows taxpayers to pay their tax dues online. 58503 In a statement released by MyEG on Tuesday, Jan. 11, the electronic solutions firm announced that the BIR is...
57481 The Development Bank of the Philippines (DBP) extended a P700-million, seven-year, syndicated term loan to Science Park of the Philippines Inc. (SPPI) to finance current and future expansion projects as well as capital expenditures. The bank expects an influx of locators into industrial parks...
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...
The Government Service Insurance System (GSIS) and Social Security System (SSS) topped the list of state-run firms in terms of income for 2020 but both also registered the largest amount of expenditures during the year that the 2019 coronavirus disease (COVID-19) pandemic hit the country, the...
NCIP approves ANI project with Bagobos By James A. Lpyola The rice and corn production project of AgriNurture Inc. (ANI), in partnership with the Unified Bagobo Tagabawa Tribe (UBTT) of Davao del Sur and North Cotabato, has been approved by the National Commission on Indigenous Peoples (NCIP) -...
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...
