The Development Bank of the Philippines ramps up lending activities in support of the national government’s economic recovery program. CONTRIBUTED IMAGE
STATE-owned Development Bank of the Philippines (DBP)'s net income for the six months of 2022 surged to P2.76-billion, showing a hefty increase of 131 percent from the P1.19-billion recorded during the same period last year, as the bank ramped up lending activities in support of the national government's economic recovery program, a top official said.