Wednesday, May 20, 2026
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Tag: DBP

DBP chair questions merger with LandBank

The chairman of state-run Development Bank of the Philippines on Tuesday described the study that recommended its merger with Land Bank of the Philippines...

DBP supports Congress inquiry on bank merger

The Development Bank of the Philippines said Wednesday it is prepared to work with Congress, participate and provide unequivocal support to any legislative inquiry...

DBP contests GCG authority in approving merger with LBP

State-run Development Bank of the Philippines said it stands firm on its position that the proposed merger with Land Bank of the Philippines requires...

Lawmaker seeks probe on Land Bank and DBP merger

Senator Risa Hontiveros on Tuesday called for an investigation into the proposed merger of the Development Bank of the Philippines and the Land Bank...

Pimentel hopes gov’t can get more cash from Land Bank-DBP merger

Surigao del Sur Rep. Johnny Pimentel is hoping that the national government would receive bigger cash dividends from the Land Bank of the Philippines...

DBP’s support

Development Bank of the Philippines president and chief executive Michael de Jesus (center) shakes hands with Charoen Pokphand Foods Public Company Limited president Udomsak...

‘Retain Land Bank mandate in DBP merger’

The minority bloc in the House of Representatives will not oppose the planned merger of the Land Bank of the Philippines (LBP) and the...

DBP loans to energy projects reach P77b

State-owned Development Bank of the Philippines ramped up support for the government’s energy programs, focusing on projects that promote affordable, reliable and sustainable solutions...

Ex-LBP exec opposes plan to merge LBP and DBP into a universal bank

A former Land Bank of the Philippines (LBP) official opposed the proposed plan of the government to merge the state-run LBP and the Development...

Marcos supports LandBank-DBP merger

President Ferdinand Marcos Jr. supports the merger of state-run Development Bank of the Philippines and Land Bank of the Philippines, with the latter as...

DBP opens loan window for coconut farmers

State-owned Development Bank of the Philippines launched a special credit facility focusing on coconut farmers in support of the government’s efforts to strengthen the...

Price caps eyed on modern PUVs

Two state-run banks bat for a price ceiling on modernized jeepneys, saying the current costs of the vehicles have made it unviable. Meanwhile, party-list Rep....

Retired chief justice calls proposed DBP-LBP merger ill-advised

A former top official of the Judiciary cautioned the government against proposal to merge the country’s top financial institutions, saying it might compromise its...

DBP’s net income soared by 50% to P5.6b in 2022

State-owned Development Bank of the Philippines’ net income surged by 50 percent in 2022 to P5.61 billion from P3.74 billion in 2021, fueled by...
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