New DBP president vows to sustain bank’s developmental initiatives

STATE-OWNED Development Bank of the Philippines (DBP) will sustain its development banking initiatives particularly in the government’s flagship “Build, Build, Build!” infrastructure program, according to its newly-appointed president and chief executive officer Emmanuel Herbosa.

Herbosa said that under his watch, DBP will continue to intensify its drive to promote financial inclusion especially in unbanked and underserved areas of the country while improving on the current service infrastructure of the 72-year old bank.