DBP eyes renewed push for modification of its corporate charter that was last amended in 1998

It’s not only in politics that “cha-cha” (charter change) is becoming a much-talked-about issue. A top official of the Development Bank of the Philippines (DBP) announced recently that the state-owned bank is now working closely with the Department of Finance (DOF), as well as major state regulators and legislators in the country in introducing reforms […]