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Development Bank of the Philippines |
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The Development Bank of the
Philippines (DBP) is the country's most progressive development banking
institution. DBP's history can be traced back during the Commonwealth when
the early infrastructure for development financing was laid by the
government.
In the Philippines, development financing institutions play a pivotal role
in the quest for sustainable growth and development. And at the helm of the
country’s march toward progress is the Development Bank of the Philippines.
As the country’s pre-eminent development financial institution, DBP has
taken upon itself the strategic task of influencing and accelerating
sustainable economic growth, through the provision of resources, for the
continued well-being of the Filipino people. Among the major provisions
incorporated in the new DBP Charter were the increase of authorized capital
stock from P5 billion to P35 billion, and the creation of the position of
President and CEO.
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The DBP, under its new
charter, is classified as a development bank and may perform all other
functions of a thrift bank. Its primary objective is to provide banking
services principally to cater to the medium and long-term needs of
agricultural and industrial enterprises with emphasis on small and
medium-scale industries. |
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Development Bank of the Philippines
Category : Universal & Commercial Banks
SWIFT Code : DBPHPHMM
Address :
Sen. Gil J. Puyat Avenue corner
Makati Avenue
Makati City, Philippines
Telephone : (632) 818 9511
Website : www.dbp.ph |
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Through the years, DBP has been a key player in nation-building by
assisting critical industries and sectors, promoting entrepreneurship
particularly in the countryside, helping build more productive
communities, advancing environmental protection and contributing to the
improvement of lives of Filipino across the nation. The new DBP logo
creates an impression of the Bank’s renewed spirit and dynamism amid
changing times. It includes the colors blue and red adapted from the
Philippine flag to strengthen DBP’s reputation as a development
institution focused on the well-being of the Filipino.
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