State-owned Development Bank of the Philippines (DBP) would aggressively expand its network of sectoral partners and linkages as the Bank aims to ramp up support to the National Government’s efforts to rehabilitate and improve forest cover in key areas across the country, a top official said.
Tag: DBP
NHMFC to issue its 7th securitization offering worth Php1.3B
The National Home Mortgage Finance Corporation is set to issue its 7th securitization offering called the NHMFC Bonds 2024 valued at Php1.3 Billion. The offering is backed by 1,658 long-term secured residential loans characterized by low delinquency. It is the second largest amount ever issued by NHMFC since its maiden issuance in 2009.
DBP bags international award for NAIA modernization
State-owned Development Bank of the Philippines (DBP) has been recognized by a distinguished international publication for its contribution to the upgrading and modernization of the country’s primary international gateway, a top official said.
DBP income jumps 20% to P7.1-B in 2024
State-owned Development Bank of the Philippines’ (DBP) net income surged to P7.1-billion in 2024—its highest in the past 10 years—representing a 20% increase from 2023 as the Bank ramped up its lending activities to key sectors in support of the Marcos, Jr. Administration’s socio-economic agenda, a top official said.
DBP welcomes new director
State-owned Development Bank of the Philippines (DBP) has welcomed the newest member of its Board of Directors — Eddie Abel C. Dorotan, a seasoned banker with over 20 years of vast experience in the areas of investment banking, capital markets, as well as commercial and corporate banking.
DBP Wins International Award On Sustainability
State-owned Development Bank of the Philippines (DBP) has garnered an international award from a regional research organization for its pioneering sustainability initiatives in the country, a top official said.
DBP ramps up CSR initiatives
State-owned Development Bank of the Philippines (DBP) has intensified its corporate social responsibility (CSR) efforts by partnering with the Department of Education to expand its […]
DBP feted by international body for renewable energy facility
State-owned Development Bank of the Philippines (DBP) has been recognized by an international body of development financing institutions for its pioneering financing facility that focuses on the development and growth of the renewable energy sector, a top official said.
DBP OKs P4-B loan for Cabuyao infra build-up
State-owned Development Bank of the Philippines (DBP) has granted a P4-billion credit assistance to the city government of Cabuyao to finance key public infrastructure projects in the first-class component city of Laguna, a top official said.
DBP to bankroll P3-B Mandaue government center
State-owned Development Bank of the Philippines (DBP) has granted a P3-billion loan to the local government unit (LGU) of Mandaue City for the construction of […]
DBP eyes pact with CL state firms, LGUs
State-owned Development Bank of the Philippines (DBP) is actively engaging several state corporations based in Central Luzon in a bid to expand its services to […]
DBP Opens New Office of Lipa Lending Center in Lipa City
State-owned Development Bank of the Philippines (DBP) has opened the new lending offices of DBP Lipa Lending Center and DBP South Luzon Lending Group in […]
DBP eyes renewed push for amendments in corporate charter
State-owned Development Bank of the Philippines (DBP) is working closely with the Department of Finance (DOF), state regulators and legislators in introducing reforms in its […]
DBP eyes broader role in big-ticket infra projects with bond proceeds
State-owned Development Bank of the Philippines (DBP) has expressed renewed interest in providing financing to critical public infrastructure projects as it seeks optimal mobilization of […]
DBP bankrolls modern farm project in Nueva Ecija
State-owned Development Bank of the Philippines (DBP) has extended a P116-million term loan for the construction of a swine bio-secured farm project in Nueva Ecija […]
DBP lends P2-B for infra and climate change projects in Palawan
State-owned Development Bank of the Philippines (DBP) has extended a P2-billion loan to the Provincial Government of Palawan to support vital public infrastructure projects including […]
DBP extends P180M loan for new Iloilo City slaughterhouse
State-owned Development Bank of the Philippines (DBP) has granted a P180-million loan to the city government of Iloilo as part of ongoing efforts to bolster […]
DBP lends P1.4-B for 8.4MW Mindanao hydropower plant
State-owned Development Bank of the Philippines (DBP) has extended a P1.4-billion loan to a top renewable energy firm as partial funding to construct a 8.4-megawatt […]
DBP bankrolls Puerto Princesa water project
State-owned Development Bank of the Philippines (DBP) has granted a P375-million loan to the Puerto Princesa City Water District (PPCWD) to support initiatives aimed at […]
DBP backs NG’s logistics action plan
State-owned Development Bank of the Philippines (DBP) is prepared to extend the needed technical and financial assistance to strategic initiatives that would ensure the successful […]
DBP remits P25 billion for MIC
State-owned Development Bank of the Philippines (DBP) has remitted P25 billion to the Bureau of Treasury (BTr), which represents the Bank’s share in the initial […]
DBP-DepEd partnership benefits Mindanao schools
State-owned Development Bank of the Philippines (DBP) has extended close to P2-million in educational aid to four secondary schools in Mindanao under the flagship corporate […]
DBP raises P4B in latest bond issuance
State-owned Development Bank of the Philippines (DBP) has successfully raised P3.875 billion in fresh funds through its latest local bond issuance, which would be channeled […]
DBP Completes P1-Billion Interest Subsidy Disbursement to LGUs
State-owned Development Bank of the Philippines (DBP) has completed disbursement of funds under the P1-billion interest rate subsidy program covering local government units (LGUs) in the […]
DBP Funds Leading Township Project in Western Visayas
State-owned Development Bank of the Philippines (DBP) has granted an initial P1.106-billion funding support to a Capiz-based real estate developer for the expansion and improvement of their master-planned development […]
DBP Funds Iloilo Modern Jeeps
State-owned Development Bank of the Philippines (DBP) has granted a P367.72-million credit assistance to an Iloilo-based transport cooperative for the acquisition of 148 brand new modern […]
