STATE-OWNED Development Bank of the Philippines (DBP) has been recognized by a distinguished international publication for its contribution to the upgrading and modernization of the country's primary international gateway, a top official said.
DBP President and CEO Michael de Jesus said the bank is one of the recipients of the "Best Syndicated Loan Deal of the Year 2024" award of Alpha Southeast Asia in the 18th Annual Best Deal and Solution Awards 2024 for its participation in the P52-billion syndicated senior project finance term loan facility for the Ninoy Aquino International Airport (NAIA) Public-Private Partnership Project, won by the San Miguel-led New NAIA Infra Corp.
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