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Tuesday, August 26, 2008

The Development Bank of the Philippines

The Development Bank of the Philippines (Filipino: Bangko sa Pagpapaunlad ng Pilipinas), commonly known by its initials, DBP, is a state-owned development bank in Makati City, Philippines.

It is the seventh-largest bank in the Philippines in terms of assets, and is the second-largest government-owned bank, next only to Landbank. It is also one of the largest government-owned and/or controlled corporations (GOCCs) in the Philippines.

Source: http://en.wikipedia.org/wiki/Development_Bank_of_the_Philippines

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