industrial grade DBP: No longer just a development bank

  • industrial grade DBP: No longer just a development bank
  • industrial grade DBP: No longer just a development bank
  • industrial grade DBP: No longer just a development bank
  • What is a Development Bank (DBP)?
  • The DBP, under its new charter, is classified as a development bank and may perform all other functions of a thrift bank. Its primary objective is to provide banking services principally to cater to the medium and long-term needs of agricultural and industrial enterprises with emphasis on small and medium-scale industries.
  • What is the difference between Landbank and DBP?
  • Though each bank has its own separate charter – with Landbank envisioned to cater mostly to the agricultural sector and the DBP to industries – the DOF said that they share the mandate of providing “banking services for agricultural and industrial enterprise and to spur countryside development.”
  • Why does Development Bank of the Philippines have long-term Issuer Default Ratings?
  • The Long-Term Issuer Default Ratings of Development Bank of the Philippines are driven by Fitch's expectation of a high likelihood of support from the sovereign, in times of need, as reflected by its Support Rating Floor.
  • Is DBP a state-owned bank?
  • This takes into consideration the bank’s status as the second-largest state-owned bank in the Philippines, its unique policy role, full state ownership and sovereign fiscal flexibility, as indicated by its rating. Important Policy Role: DBP’s mandate is to provide financing to agricultural and industrial enterprises in the Philippines.
  • What is DBP's policy role?
  • Enhanced Policy Role: DBP is a development bank with a mandate to support industrial and rural development in the Philippines, and has an established niche in infrastructure financing. Its policy role has grown in recent years, as the bank has been tasked to support vulnerable borrowers reeling from the impact of the pandemic.
  • What is the role of DBP in the Philippines?
  • Important Policy Role: DBP’s mandate is to provide financing to agricultural and industrial enterprises in the Philippines. It lends to four main priority sectors: infrastructure and logistics; micro, small and medium enterprises; social services; and environment and climate change.

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