NEWS UPDATES: 
Foreign Currency (US$ vs PhP)
As of September 25, 2017 (9:10 am)
Buying  
   50.40
Selling  
   50.90
View Details
UITF / NAVPU
As of September-24-2017
Unlad Pamahalaan GS Money Market Fund
1.054131
 
Unlad Kawani Money Market Fund
1.048074
 
Unlad Pribadong Institusyon Money Market Fund
1.040966
 
Class I - Unlad Panimula Money Market Fund
1.020995
 
Class II - Unlad Panimula Money Market Fund
1.019334
 
Class III - Unlad Panimula Money Market Fund
1.018551
 
 
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About DBP

 

In the Philippines, development financing institutions play a pivotal role in the quest for sustainable growth and development. And at the helm of the country’s march toward progress is the Development Bank of the Philippines. As the country’s pre-eminent development financial institution, DBP has taken upon itself the strategic task of influencing and accelerating sustainable economic growth, through the provision of resources, for the continued well-being of the Filipino people.

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.

The affairs and business of the Bank are directed, and its properties managed and preserved, and its corporate powers exercised by a Board of Directors consisting of nine (9) members appointed by the President of the Republic of the Philippines. The Chief Executive Officer of the Bank is also the President who is elected by the Board of Directors. The President is also the Vice Chairman of the Board.

 

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