State-owned Development Bank of the Philippines (DBP) commemorates its 79th anniversary steadfast in fulfilling its developmental mandate ─ remaining a strong and financially stable government financial institution fully capable of supporting the socio-economic agenda of President Ferdinand R....
State-owned Development Bank of the Philippines (DBP) has been recognized by its regulator for its adherence to good corporate governance and by an international organization for its sustainability programs, a top official said. DBP President and CEO, Michael O. de Jesus, said the Bank was hailed...
State-owned Development Bank of the Philippines (DBP) has signed agreements with two government agencies aimed at strengthening socio-economic initiatives including enhancing agricultural productivity and food production in the Mindanao region, a top official said. DBP President and Chief Executive...
State-owned Development Bank of the Philippines (DBP) has been named the top disbursement partner for the Pag-IBIG Fund’s digital payment initiatives, reinforcing the lender’s role in streamlining the financing pipeline for the nation’s housing sector. The Pag-IBIG Fund, officially known as...
State-owned Development Bank of the Philippines (DBP) signed a ₱2-billion loan agreement with the City of Kabankalan to fund infrastructure and disaster resiliency projects, marking a significant escalation in state-backed efforts to combat chronic flooding in the Negros Occidental region. In a...
The Land Transportation Franchising and Regulatory Board (LTFRB) is asking government financial institutions to waive all the penalties that comes with the delay in the payment of loans for modern jeepneys amid the adverse effects of the Middle East tensions to the public transport sector. LTFRB...
The Sandiganbayan has convicted a senior official of the Development Bank of the Philippines (DBP) of graft for approving the wrong valuation of a foreclosed property in Cabuyao, Laguna in 2013. Sentenced to a jail term ranging from six to 10 years with perpetual disqualification to hold public...
The Development Bank of the Philippines (DBP) is prepared to fund the redevelopment of Baguio City’s century-old public market, stepping in after a private sector-led proposal collapsed under local opposition. In a statement on Friday, Jan. 30, Michael O. de Jesus, DBP president and chief...
State-run Development Bank of the Philippines (DBP) will continue to seek regulatory and dividend relief for several more years as it aims to recover the capital it infused into the Maharlika Investment Corp. (MIC). DBP President and Chief Executive Officer Michael O. de Jesus told reporters last...
State-run Development Bank of the Philippines (DBP) is looking at issuing peso-denominated bonds next year as part of its fundraising efforts to recoup the ₱25-billion capital it injected into Maharlika Investment Corp. (MIC). On the sidelines of the DBP’s event, DBP Executive Vice President...
An international group of audit practitioners has named a senior executive of state-owned Development Bank of the Philippines (DBP) as “Chief Audit Executive of the Year”, citing his contributions in elevating the internal audit function in the government service. Senior Vice President Ryan R....
State-owned Development Bank of the Philippines (DBP) has been recognized for its best practices in human resources management, particularly in utilizing employee engagement and organizational development in building a future-ready institution, a top official said. DBP President and Chief Executive...
