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DBP

DBP

The Development Bank of the Philippines (DBP) is a government-owned bank that supports national development projects in various sectors such as agriculture, education, and infrastructure. Recently, DBP played a key role in providing PHP40 billion to PSALM under a PHP100 billion syndicated term loan facility, alongside LandBank, to bolster the power sector's working capital and refinance existing debts. Additionally, DBP partnered with the Department of Education on the INSPIRE program, which aims to fund public school improvements and scholarships for financially challenged students over five years.

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This is an AI-generated summary based on recent coverage. It was last updated on Wed, August 27, 2025 at 8:22 PM

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Recent developments on DBP

Thu, September 4, 2025 at 2:01 PM

DBP launches P510M Inspire program for education

The Development Bank of the Philippines (DBP) has launched a P510 million program called DBP Inspire to enhance educational access through scholarships and school facility upgrades over five years.

Thu, August 28, 2025 at 2:11 PM

DBP approves P815M loan for Bulacan social housing project

The Development Bank of the Philippines (DBP) has approved an P815 million loan to Bright Homes & Realty Corp. for a social housing project in Bulacan.

Wed, August 27, 2025 at 2:57 PM

Landbank, DBP to provide P100B loan to PSALM

Land Bank of the Philippines (LandBank) will provide PHP60 billion to the Power Sector Assets and Liabilities Management Corporation (PSALM) as part of a larger PHP100 billion loan facility aimed at reforming the country's energy sector.

Wed, August 13, 2025 at 2:26 PM

DBP encourages Filipinos to invest in BTr RTBs via GCash

The Development Bank of the Philippines (DBP) is encouraging Filipinos to invest in the Bureau of the Treasury's (BTr) latest Retail Treasury Bonds (RTBs) to support the national government's development programs.

Tue, August 5, 2025 at 5:36 PM

BTr raises P210B from retail treasury bonds auction

The Bureau of the Treasury (BTr) successfully raised approximately P210 billion from its auction for five-year retail treasury bonds (RTBs) with a coupon rate of 6 percent.

Thu, July 17, 2025 at 1:31 PM

DBP raises P8.25 billion from oversubscribed bond issuance

The Development Bank of the Philippines (DBP) successfully raised P8.25 billion through a dual bond issuance, which was oversubscribed by 1.65 times.

Mon, July 7, 2025 at 2:30 PM

LTFRB to meet with banks on loan terms for jeepney modernization

The Land Transportation Franchising and Regulatory Board (LTFRB) is set to meet with government financial institutions to discuss more flexible loan terms for jeepney operators participating in the Public Transport Modernization Program (PTMP).

Thu, June 19, 2025 at 2:36 PM

PBBM accepts resignations of 3 officials, retains others

President Ferdinand Marcos Jr. has accepted the courtesy resignations of three government officials, including the head of the Presidential Legislative Liaison Office.

Tue, June 3, 2025 at 4:21 PM

PBBM orders further study on jeepney modernization program

President Ferdinand "Bongbong" Marcos Jr. has requested a further study on the Public Transport Modernization Program (PTMP) to ease the burden on jeepney drivers and operators.

Tue, June 3, 2025 at 1:54 PM

DBP net income soars 82% to P1.61 billion in Q1 2025

The Development Bank of the Philippines (DBP) reported an 82% increase in net income for the first quarter of 2025, reaching P1.61 billion, a significant jump from P571 million in Q1 2024.