Strong loan book powers DBP; income to rise 177%

State-owned Development Bank of the Philippines (DBP) posted a net income of P5.35 billion in the year through September, 177-percent up from last year as its loan portfolio continued to pick up. As loans grew, net interest income likewise surged, DBP president and CEO Emmanuel G. Herbosa said. The bank’s nine-month performance is moving closer … Continue reading Strong loan book powers DBP; income to rise 177%