Business

Landbank Bacacay

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Landbank Bacacay The Landbank of the Philippines inaugurated the first-ever commercial bank in Bacacay, Albay last March 27 in keeping with its mission to promote financial inclusion in the country. The branch-lite unit would primarily serve the 56 barangays in the town as well as the nearby municipalities of Malilipot and Sto. Domingo. In addition … Read more

Fused Program

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Fused Program The DBP has approved nearly Php 77 billion in loans under its Fused Program, the flagship credit program that seeks to increase access to electricity services in the countryside. The Development Bank of the Philippines (DBP) ramped up support to the National Government’s energy programs, focusing on projects that promote affordable, reliable, and … Read more

The Development Bank of the Philippines Net Income Increased

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The Development Bank of the Philippines Net Income Increased The Development Bank of the Philippines (DBP)’s full-year net income increased by 50% in 2022, reaching PHP 5.61 billion, up from PHP 3.74 billion in 2021. The rise in the DBP’s net income is attributed to an increase in lending activities as a result of the … Read more

Investments in New Clark City

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Investments in New Clark City Reached Php 95.5 Billion These will be channeled into several high-impact projects and programs in: Sustainable Development Information and Communications Technology Renewable Energy Estate Management Smart City Technologies Transportation Tourism According to the Bases Conversion and Development Authority (BCDA), investments committed by private and government locators in New Clark City … Read more