STATE-OWNED Development Bank of the Philippines (DBP) is actively engaging several state corporations based in Central Luzon in a bid to expand its services to priority clientele, especially those outside of its traditional market and city centers, a top official said.
DBP President and Chief Executive Officer Michael de Jesus said the bank has entered into initial talks with the Subic Bay Metropolitan Authority (SBMA), City Government of Olongapo, Clark International Airport Corp. (CIAC) and Clark Development Corp. (CDC) to jumpstart key projects covering energy, air transport, road network, urban development, as well as businesses within the export processing zone.
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