Quantcast
Latest Stories
Home » DBP You are browsing entries tagged with “DBP”

DBP income hit P5.3B in 2013

State-owned Development Bank of the Philippines (DBP) registered a net income of P5.28 billion last year, 27.85 percent higher than the P4.13 billion recorded in 2012, buoyed by significant increases in deposits, loans to borrowers and investments.

Posted: February 15th, 2014 in Headlines | Read More »

DBP plans to sell Al Amanah Bank

By
Al Amanah

The government is preparing to divest itself of the Al Amanah Islamic Investment Bank of the Philippines, a subsidiary of the state-owned Development Bank of the Philippines, possibly bringing in a new group to run the country’s first and only Islamic bank.

Posted: December 16th, 2013 in Latest Business Stories | Read More »

Goings-on

Security Bank’s Tacloban branch begins full operations on Nov. 25. The bank has also announced that it will temporarily waive ATM fees on all its clients’ ATM transactions in both Tacloban and Ormoc, including those who have been displaced and will be using other bank ATMs.

Posted: November 25th, 2013 in Headlines | Read More »

DBP to issue more notes

State-owned Development Bank of the Philippines (DBP) rides on the back of strong investor demand as it moves to raise the issue size of its first Basel III compliant Tier 2 Fixed Rate Unsecured Subordinated Notes to P10 billion from P5 billion.

Posted: November 16th, 2013 in Headlines | Read More »

Another life claimed

By

Another promising career has been destroyed—and a young life tragically ended—in the process of government authorities’ dogged pursuit of the case against former officials of Development Bank of the Philippines for an allegedly behest P660-million loan to businessman Roberto Ongpin in 2009.

Posted: August 6th, 2013 in Headlines | Read More »

Court orders arrest of 13 ex-DBP execs

By

Former Labor Secretary Patricia Sto. Tomas, newspaper columnist Alexander Magno and 11 other former officers of the state-owned Development Bank of the Philippines (DBP) were ordered arrested on Thursday by the Sandiganbayan for complicity in granting P660 million in loans to a firm owned by businessman Roberto V. Ongpin in 2009.

Posted: August 2nd, 2013 in Headlines | Read More »

‘Investments made in good faith’; funds will be moved to DBP

By
National Museum. INQUIRER FILE PHOTO

Everything was done in good faith. National Museum Chair Ramon del Rosario Jr. and Director Jeremy Barns said this in response to the Commission on Audit (COA) taking issue with the board of trustees’ handling of the museum’s P370-million endowment.

Posted: July 28th, 2013 in Latest Business Stories | Read More »

Ongpin wants graft raps junked

By
Businessman Roberto Ongpin  INQUIRER FILE PHOTO

Businessman Roberto Ongpin has asked the courts to dismiss the graft charges against him and 24 current and former officials of the Development Bank of the Philippines (DBP), reiterating that the loans he obtained from the state-owned bank had been fully paid and, as such, could not be considered behest.

Posted: May 4th, 2013 in Latest Business Stories | Read More »

DBP execs, Inquirer chief cleared of libel

By
dbp-logo

Saying that the statements were true and the commentary fair, a Makati prosecutor dismissed a libel suit filed by a lawyer against four Development Bank of the Philippines (DBP) officials and the Inquirer editor in chief.

Posted: December 29th, 2012 in Latest Business Stories | Read More »

13 DBP execs dismissed over behest loan fiasco

By
Ombudsman Conchita Carpio Morales. INQUIRER FILE PHOTO

Ombudsman Conchita Carpio Morales dismissed from service 13 officials from the Development Bank of the Philippines (DBP) for granting P660 million in behest loans to Deltaventures Resources, Inc. (DVRI) in 2009.

Posted: December 6th, 2012 in Latest Business Stories,Photos & Videos | Read More »

DBP earmarks P5B for agribusiness lending

By

Development Bank of the Philippines has earmarked P5 billion for a lending program that aims to help develop the agribusiness sector.

Posted: August 23rd, 2012 in Headlines | Read More »

Ex-DBP chief Sison acquitted in loan guarantee case

dbp-logo

A former chairman of the Development Bank of the Philippines was acquitted of graft for giving a P188 million loan guarantee to the Sta. Ines Mining and Steel Corp., which was allegedly not backed by sufficient collateral.

Posted: July 13th, 2012 in Latest Business Stories | Read More »

Advertisement

News

  • Intrigues mar signing of Bangsamoro draft law
  • Singson apologizes for delay in Edsa road repairs
  • Congressmen seek end to small-town lottery operations
  • 16-year-old survives in wheel well of US flight
  • MMDA to blame for delay of Edsa reblocking – DPWH exec
  • Sports

  • Reigning champs Miami open playoffs with win
  • Spurs subdue Mavericks in playoff opener
  • Wawrinka beats Federer to win Monte Carlo Masters
  • Ageless Hopkins pitches 50-50 Mayweather deal
  • Goodbye MGM, Las Vegas for Pacquiao?
  • Lifestyle

  • Miss America: Don’t suspend teen over prom invite
  • Transitions and resurrection in the performing arts
  • ‘Archaeology tour’ of Cebu’s heritage of faith
  • Historic Fort Bonifacio tunnel converted into a septic tank
  • ‘Imports’ from London, and play of the year
  • Entertainment

  • Lindsay Lohan says she had a miscarriage
  • Discovery network cancels Everest jump
  • ‘Captain America’ stays strong atop US box office
  • Easter musings
  • Solenn in shorts
  • Business

  • Oil prices down in quiet Asian trade
  • Asian shares mixed in holiday-thinned trade
  • BDO seen keen on bidding for Cocobank
  • Bataan freeport investment pledges up 1,302%
  • Golden Week
  • Technology

  • PH has slowest internet in Southeast Asia
  • Nintendo’s trailblazing Game Boy marks 25th anniversary
  • Nasa’s moon-orbiting robot crashes down
  • Netizens pay respects to Gabriel Garcia Marquez
  • Nokia recalls 30,000 chargers for Lumia 2520 tablet
  • Opinion

  • Gigi’s home
  • Palace stonewalls on MRT inquiry
  • Couple of things too
  • There is plenty of water behind Wawa Dam
  • Triduum thoughts of a young boy
  • Global Nation

  • Filipinos in Middle East urged not to panic amid MERS-CoV scare
  • Obama on mission to quiet Asia skeptics
  • Search for Etihad passengers launched
  • Japan presents $57-B ‘dream plan’ to solve Metro congestion
  • Tim Tebow’s charity hospital in Davao seen to open in 7 months
  • Marketplace
    Advertisement