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DBP’s Borromeo to take helm at LANDBANK ‘soon’

DEVELOPMENT BANK of the Philippines (DBP) President and Chief Executive Officer Cecilia C. Borromeo is set to take the helm of state lender Land Bank of the Philippines (LANDBANK) “very soon.”

DBP hits depositor goal ahead of 2022 target

DEVELOPMENT BANK of the Philippines (DBP) has already exceeded its target of broadening its deposit base last year as it looks to include more Filipinos into the formal financial system.

DBP net income up in first nine months

DEVELOPMENT BANK of the Philippines (DBP) reported higher net income in the first nine months propelled by its lending business.

DBP, Metrobank sign property tax payment tieup

THE Development Bank of the Philippines (DBP) said it tied up with Metrobank Card Corp. (MCC) in an electronic-payments venture to facilitate Taguig and Valenzuela real property tax payments.

DBP books higher net income in first semester

THE Development Bank of the Philippines (DBP) saw its net income rise in the first half of the year supported by its robust lending and deposit businesses.

DBP profits up 4% in first half

Development Bank of the Philippines (DBP) saw its net income rise in the first half of the year supported by robust lending and deposit...

DBP to offer free advisory services to MSME clients

THE DEVELOPMENT Bank of the Philippines (DBP) will provide micro, small, and medium enterprises (MSMEs) greater access to financing, including free financial advisory services, the Department of Finance (DoF) said.

DBP loans to MSMEs reach P13 billion in first half —...

THE DEVELOPMENT Bank of the Philippines has provided P13 billion worth of loans to micro, small, and medium enterprises (MSMEs) in the first semester,...

DBP reports lower net income in first quarter

Development Bank of the Philippines (DBP) reported lower income in the first quarter, as it increased provisioning for credit losses.

Cebu provincial gov’t signs P1.5-B loan deal with DBP for green...

THE CEBU provincial government, through Gov. Hilario Davide P. III, signed on Wednesday the P1.525-billion loan agreement with the Development Bank of the Philippines...

S&P upgrades Security Bank to investment grade, affirms rating for DBP

S&P Global Ratings bumped up its credit ratings on Security Bank Corp., while affirming its ratings on Development Bank of the Philippines (DBP) following...

DBP posts 22% net income growth in 2017

Development Bank of the Philippines (DBP) saw its net income rise in 2017 on the back of steady growth in its loan portfolio. In a...

DBP opens new branch in Palawan

STATE-OWNED Development Bank of the Philippines (DBP) in a statement said it opened on Dec. 7 a new branch located in Taytay, Palawan, as...

Fitch upgrades lenders’ ratings

FITCH RATINGS raised its scores for government-owned Land Bank of the Philippines (Landbank) and Development Bank of the Philippines (DBP) to investment grade following...

DBP: No longer just a development bank

By Jochebed B. Gonzales, Senior Researcher WHILE competition in the banking sector is just starting to heat up, the Development Bank of the Philippines (DBP), may...

DBP looking to unload MRT-3 interest

THE Development Bank of the Philippines (DBP) is interested in exiting its investment in the Metro Rail Transit (MRT)-3. “..It is in our books and...