STATE-owned Development Bank of the Philippines (DBP) was honored by the chief regulator of government-owned and controlled corporations (GOCCs) for its consistent adherence to good corporate governance principles, top officials said.
DBP President and CEO Michael de Jesus said that the bank scored the second highest ranking in the Corporate Governance Scorecard (CGS) ratings of the Governance Commission for GOCCs with an above ceiling score of 102.67 percent.
