Tag: #DBP
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DBP bankrolls pioneer Bataan hospital for P715M
The Development Bank of the Philippines (DBP) loaned P715 million to a private hospital chain to build a new medical facility in the municipality of Pilar in Bataan province.
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Agri machinery provider Ada Manufacturing Corporation raises P1.0-billion pesos from DBP and Security Bank
Ada Manufacturing Corporation (ADAMCO) makes agri-machinery acquisition easy by by participating in the One Billion Peso Corporate Notes Facility.
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DBP grants P1.6-B loan to Central Luzon hospital
The Development Bank of the Philippines (DBP) extended a P1.6-billion loan to Luzon Alliance Medical Center, Inc. (LAMCI) for building an eight-storey hospital, one of the largest in Guiguinto, Bulacan.
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DBP grants P2.5-B loan to Caloocan mall
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.
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DBP signs financing pact with key shelter agency
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.
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DBP supports Filipino inventors
The Development Bank of the Philippines (DBP) is partnering with the Filipino Inventors Society, Inc. (FIS) for viable local projects and indigenous technologies.
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DBP funds P2-B green energy projects
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.
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BIR taps MyEG’s online payment service
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.
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DBP lends P700-M to industrial park developer
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.
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DBP launches renewable energy loan program
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.
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GSIS top earner, SSS biggest spender in 2020 – COA
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 Commission on Audit has revealed.
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DBP grants P200-M loan to Batangas LGU
The Development Bank of the Philippines (DBP) granted a P200-million loan to the Municipality of Balayan in Batangas to finance various development projects.
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DBP grants P312M loan to Tuguegarao LGU
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.
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DBP grants P700-M Naga development loan
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.
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Remembering Leonides
Celebrating a man who changed an institution—and the country—forever
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DBP grants LGUs P38-B economic recovery assist
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.
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DBP approves P40-B infra loans
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.