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As of December 13, 2018
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   53.00
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Unlad Kawani Money Market Fund
1.082533
 
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1.044206
 
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1.042575
 
 
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  DBP recognized for good corporate governance
December 01, 2017

DBP was presented with an award of excellence by the Governance Commission for GOCCs and the Institute of Corporate Directors for achieving one of the highest scores on the Corporate Governance Scorecard (CGS) for government-owned and controlled corporations. The awarding ceremony was held on November 24, 2017 at the Dusit Thani Hotel in Makati City.

DBP ranked fourth out of the 10 awardees with a score of 91.50% based on 2016 Assessment for 2015 Operations. The bank also posted the biggest leap among the awardees, jumping from #11 last year to #4 this year with a 28.8-point improvement. It also earned a perfect score of 35% in the section on Disclosure and Transparency.

Other awardees were the Philippine Deposit Insurance Corporation, Land Bank of the Philippines, Philippine Crop Insurance Corporation, Bases Conversion and Development Authority, LBP Leasing and Finance Corporation, Government Service Insurance System, PNOC Renewable Corporation, Philippine Reclamation Authority and Social Security System.

The CGS is a quantitatively-driven evaluation tool extracted from existing and globally-accepted standards and practices. It serves as an instrument to assess the Corporate Governance performance of GOCCs using a methodology benchmarked against the OECD Principles of Corporate Governance and ASEAN Corporate Governance Scorecard. It also aims to recognize well-governed GOCCs and raise Corporate Governance standards and practices.


 
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

 
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