The Development Bank of the Philippines (DBP) granted a P100-million revolving credit line to Centro Manufacturing Corporation (CMC) to finance its assembly of truck bodies, automotive parts and accessories. The loan will support the production of 3,000 units of various types of trucks and...
The Development Bank of the Philippines (DBP) needs to change its charter and triple its authorized capital from P35 billion to P100 billion to broaden its credit assistance to priority sectors. “The proposed amendments to the DBP Charter would be a boon to our efforts to undertake...
The Development Bank of the Philippines (DBP)'s loan portfolio grew 13.91 per cent to P374.85-billion for the first nine months of the year, with the bulk, or P175.72-billion, going to the infrastructure and logistics sector, announced DBP President and Chief Executive Officer Emmanuel G. Herbosa....
The Development Bank of the Philippines (DBP) signed a P5.7-billion long-term loan agreement with a subsidiary of the country's biggest steel manufacturer, Compostela Steel Inc. (CSI), for the construction of its largest facility in Compostela, Cebu. CSI, a subsidiary of Steel Asia Manufacturing...