A top official of the Development Bank of the Philippines (DBP) announced recently that the state-owned financial institution has won a total of five awards for its laudable contributions aimed at advancing the development of capital markets in the country. The award was conferred during the 8th IHAP Awards organized by the Investment House Association of […]
A top official of the Development Bank of the Philippines (DBP) announced that as part of its efforts to advance innovative, sustainable, and efficient farming practices in Albay, the state-owned bank recently granted P500 million in funding to support various farmer cooperatives in the province. Michael O. de Jesus, President and Chief Executive Officer of […]
A top official of the Development Bank of the Philippines (DBP) announced recently that the state-owned bank has already completed disbursement of funds under the P1-billion interest rate subsidy program of the government, which covers local government units (LGUs), in the implementation of their respective COVID-19 response and recovery interventions. Facade shot of the DBP office […]
A top official of the Development Bank of the Philippines (DBP) announced recently that the state-owned bank was able to generate P4.42-billion net income for the first six months of this year, a 60% increase in profit compared to the P2.76-billion that the bank posted in the same period last year. IMAGE CREDIT: https://www.dbp.ph According […]
State-owned Development Bank of the Philippines (DBP) has just completed the disbursement of funds under its P1-billion interest rate subsidy program. According to a top official of the DBP, the subsidy program covers local government units (LGUs) in the implementation of their respective COVID-19 response and recovery interventions. IMAGE CREDIT: www.dbp.ph DBP President and Chief […]
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 venture in Western Visayas, a top official of DBP shared. Photo shows DBP President and CEO Michael O. de Jesus (7th from left) together with Roxas […]
Good news for micro-entrepreneurs and business startups! A bill aiming to boost financing for lenders and assist micro, small, and medium enterprises (MSMEs) has just been filed at the 19th Congress. House Bill No. 1 or “An Act providing for government financial institutions unified initiatives to distressed enterprises for economic recovery (GUIDE)” was filed by […]
