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...
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....
