Tag: DBP

THE Power Sector Assets and Liabilities Management (PSALM) Corp. has won approval to seek a P43-billion loan from the Development Bank of the Philippines (DBP), saying that despite “setbacks” encountered during quarantine, it does not expect to default on any of its obligations.

GOVERNMENT financial institutions allowed their borrowers to defer loan payments without penalty as a form of relief during the coronavirus disease 2019 (COVID-19) crisis. In...

THE MUNICIPALITY of Taraka will be the first to avail of a loan from the Development Bank of the Philippines (DBP) under the Mindanao Water Program, Mindanao Development Authority (MinDA) Chair Emmanuel F. Piñol announced Monday.

DEVELOPMENT BANK of the Philippines (DBP) said net profit rose 5.94% to P6.06 billion in 2019 after exceeding its loan approval target, with much of its financing going to infrastructure projects.

State-owned Development Bank of the Philippines’ (DBP) net earnings slipped in the third quarter due to higher provisions for impairment losses and taxes as well as growing operating expenses.

STATE-OWNED Development Bank of the Philippines (DBP) successfully raised P18.125 billion via sustainability bonds to finance eligible projects.

STATE-OWNED Development Bank of the Philippines (DBP) has installed automated teller machines (ATM) in two Palawan towns as part of its financial inclusion program in remote parts of the country.

STATE-OWNED Development Bank of the Philippines (DBP) is set to issue P5 billion in sustainability bonds, marking the first tranche of its P50-billion program, proceeds of which will finance eligible environmental and social projects.

THE DEVELOPMENT Bank of the Philippines (DBP) has partnered with PayMaya Philippines, Inc. to boost financial inclusion among Filipino farmers.

STATE-OWNED Development Bank of the Philippines (DBP) has signed a P1.65-billion loan agreement with Terasu Energy, Inc. to finance the construction of a renewable energy power plant in Concepcion,Tarlac.

STATE-OWNED Development Bank of the Philippines (DBP) partnered with the Office of the Presidential Adviser on the Peace Process (OPAPP) in fund disbursement and management.

STATE-OWNED Development Bank of the Philippines (DBP) will help fund Liangan Power Corp.’s (LPC) hydroelectric power plant in Mindanao through a P1.1-billion term loan, the lender said in a statement on Friday.

PRESIDENT RODRIGO R. Duterte has issued an executive order (EO) reducing the dividend rates of Land Bank of the Philippines (LANDBANK) and Development Bank of the Philippines (DBP) to improve the banks’ capital position.

EARNINGS at state-owned Development Bank of the Philippines (DBP) rose 12.3% from a year earlier to P3.1 billion in the first half, boosted by lending growth, the bank said in a statement on Friday.

THE DEVELOPMENT Bank of the Philippines (DBP) has received a credit rating upgrade from S&P Global Ratings, reflecting the climb in the country’s debt rating.

STATE-RUN Development Bank of the Philippines (DBP) reported a stronger net income in 2018, boosted by increased lending, particularly for infrastructure projects.

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.”

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.

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

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.

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.

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

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.

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

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

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

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...

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

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...

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...