![The Development Bank of the Philippines Net Income Increased Development Bank of the Philippines Net Income](https://i0.wp.com/thephilippinestoday.com/wp-content/uploads/2023/03/development-bank-of-the-philippines-net-income-increased.webp?resize=680%2C680&ssl=1)
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 local economy’s full reopening.
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