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Development Bank of the Philippines

Development Bank of the Philippines
 

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.

 
 

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.

 
  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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