State-owned Development Bank of the Philippines (DBP) is recognized for the second consecutive year by the state regulator of government-owned and controlled corporations (GOCCs) in the country for upholding the highest standards of corporate governance among its industry peers. DBP president and chief executive Michael de Jesus says the bank is the top ranked GOCC in the Governance Commission for GOCCs’ (GCG) 2024 Corporate Governance Scorecard (CGS) which evaluates GOCCs based on international governance standards.
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