The Development Bank of the Philippines Net Income Increased

Development Bank of the Philippines Net Income
The Development Bank of the Philippines Net Income Increased | @dof_ph

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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