Tag: DBP

DBP opens new branch in Bukidnon town

  • 2025-07-07
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State-owned Development Bank of the Philippines (DBP) has expanded its branch network with the opening of a new branch lite unit (BLU) in the municipality of Talakag in Bukidnon even as it eyes ramping up its financing activities in Northern Mindanao, a top official said.

DBP 1Q income soars to P1.61-B

  • 2025-06-03
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State-owned Development Bank of the Philippines’ (DBP) net income surged to P1.61-billion in the first quarter of 2025, showing a hefty 82 percent increase from the P571-million recorded in the same period last year, as the Bank continued to ramp up lending activities to its priority sectors and key industries, a top official said.

DBP eyes expanded partnerships for NG reforestation drive

  • 2025-04-16
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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.

NHMFC to issue its 7th securitization offering worth Php1.3B

  • 2025-03-27
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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 income jumps 20% to P7.1-B in 2024

  • 2025-02-20
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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

  • 2025-02-17
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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 OKs P4-B loan for Cabuyao infra build-up

  • 2024-06-05
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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.

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