THE Development Bank of the Philippines (DBP) plans to seek the extension of the regulatory relief granted in the wake of the state-owned bank's having contributed P25 billion to the country's first sovereign wealth fund, its top official said late Friday.
"We will seek regulatory relief, the same as what we sought [previously]...," DBP President and CEO Michael de Jesus told reporters on the sidelines of the Bangko Sentral ng Pilipinas' (BSP) annual reception for the banking community.
