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The Development Bank of the Philippines (DBP) is a state-owned development bank headquartered in Makati, Philippines.
It was established after World War II in 1947 on the government's effort through its mandate to rebuild the country's war torned infrastructure.
It is the sixth-largest bank in the Philippines in terms of assets of more than P1.1-trillion as of March 2021. DBP is also the second-largest and one of the state-owned and controlled banks along with Land Bank of the Philippines (LBP) United Coconut Planters Bank (UCPB), Overseas Filipino Bank (OFW Bank), and Al-Amanah Islamic Bank.
It has 137 branches as of December 2018.
referencePosted on 12 Sep 2024, this text provides information on Miscellaneous in Banking related to Banking. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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