MANILA  -State-owned Development Bank of the Philippines (DBP) has appealed to Malacañang to abort plans to merge it with Land Bank of the Philippines, warning of an “unintended monopoly” and concentration risks in a position paper that refuted point by point the justifications laid out by Finance Secretary Benjamin Diokno. In the March 22 position … Continue reading Palace, GCG urged to drop DBP-Landbank merger plan