NEWS UPDATES: 
Foreign Currency (US$ vs PhP)
As of December 13, 2018
Buying  
   52.30
Selling  
   53.00
View Details
Available
Government Securities
View Details
UITF / NAVPU
As of November-8-2018
Unlad Kawani Money Market Fund
1.082533
 
Class I - Unlad Panimula Money Market Fund
1.046828
 
Class II - Unlad Panimula Money Market Fund
1.044206
 
Class III - Unlad Panimula Money Market Fund
1.042575
 
 
eGOV (SSS,Philhealth,Pag-ibig)
eGOV Corporate Manual
eGOV FAQ
eGOV Enrollment Form
BIR e-Filing
BIR e-Payment
DTI eBNRS
DSWD Online Donation
  DBP participates in 50th Credit Surety Fund
November 24, 2017

CAUAYAN CITY, Isabela -- DBP is a participant in the Cauayan City Credit Surety Fund that aims to help improve access to credit of micro, small and medium enterprises (MSMEs) in Isabela province.

President and Chief Executive Officer Cecilia C. Borromeo said that the Cauayan City CSF is the 50th credit surety fund that the Bank is participating in. “With the establishment of new CSFs across the country and continuing support of its stakeholders, we in DBP see our participation in the CSF Program as our humble contribution in helping solve the problem of financial exclusion, and in moving the economy towards more inclusive and equitable growth,” she said during the launching of the Cauayan City CSF here last October 2.

Expressing pride in DBP being the first financial institution to participate in the CSF, she said that the Bank has approved its contribution to 49 CSFs amounting to P98.40 million and released a total of P68.65 million to various CSFs already launched.

She added that the Bank has approved around P1.24 billion worth of loans to various MSMEs under the program, with about P1.11 billion already been released. She also mentioned that DBP has simplified its credit processes especially to loans backed up by the CSF.

Initiated by the Bangko Sentral ng Pilipinas in 2008, the CSF is a credit enhancement program for the micro, small and medium enterprises (MSMEs) that cannot access bank credit due to lack of hard collaterals and credit history.

Seven qualified cooperatives joined the Cauayan City CSF, contributing an aggregate amount of P3 million. The city government of Cauayan also pledged P3 million to the fund. Aside from DBP, Landbank and the Industrial Guarantee and Loan Fund are also expected to put up counterpart contributions to the said CSF.


 
NEWS UPDATES
 

DBP wins award for promoting countryside development
October 23, 2018

DBP partners with Metrobank Card for e-payment of real property tax
October 12, 2018

DBP bankrolls Cebu skyscrapers
October 08, 2018

DBP boosts CSR initiatives with P500 million scholarship, Palawan Reforestation project
September 21, 2018

DBP extends P2-B assistance for relending to uniformed personnel
September 14, 2018

DBP net income rises 4% in first half of 2018
September 07, 2018

DBP installs first ATMs in unbanked island in Romblon
August 29, 2018

DBP inks P2 billion loan deal with RE firm
August 24, 2018

DBP funds low-cost housing project in Batangas
August 02, 2018

DBP extends P1.7-billion to Cabanatuan infra projects
July 24, 2018

 
NEWS ARCHIVES

2018

 
 
Quick Links
Corporate Banking
Personal Banking