London-based debt watchdog Fitch Ratings has upgraded its “viability rating” on five of the Philippines’ largest banks, ...

THE country's two largest state-run banks — Land Bank of the Philippines (LandBank) and Development Bank of the Philippines (DBP) — remain financially sound, a Cabinet official said ...

Fitch earlier downgraded DBP’s VR to “bb-” from “bb” in March last year due to the bank’s P25 billion capital injection into the MIF in 2023. Fitch said that the capital injection ...

MANILA, Philippines — The Development Bank of the Philippines (DBP) posted its largest profit in 10 years in 2024 on the back of strong growth in its lending activities, allowing the state-owned ...

State-owned Development Bank of the Philippines (DBP) has welcomed the newest member of its Board of Directors — Eddie Abel C. Dorotan, a seasoned banker with over 20 years of vast experience in ...

FITCH RATINGS on Wednesday upgraded its viability ratings (VR) for the Philippines’ three biggest private banks in asset terms and its two largest state-run lenders. Fitch said in separate statements ...

Fitch Ratings said Wednesday it upgraded the viability ratings (VR) of five Philippine banks, while affirming their issuer ...

MANILA, Philippines — State-run Development Bank of the Philippines (DBP)’s net income surged by 20 percent to P7.1 billion in 2024 from a year ago as the lender ramped up its lending ...

GLOBAL credit watchdog Fitch Ratings Inc. recently upgraded the viability ratings (VR) of five major Philippine banks, citing ...

THE DEVELOPMENT BANK of the Philippines’ (DBP) net profit climbed by 20% year on year to P7.1 billion in 2024 on increased lending. The state-run bank’s 2024 net income was the highest in the past 10 ...

The reintroduction of ‘Hadiah Bahasa’ is expected to inspire and attract academics and professionals to continue producing ...

THE Department of Finance (DOF) will take a direct hand in overseeing the operations of the Development Bank of the Philippines (DBP) under proposed changes to the state-owned financial institution's ...