State-owned Development Bank of the Philippines (DBP) has unveiled a special commemorative book that captures the breadth and scope of its developmental initiatives for the past 75 years, top officials said.
DBP President and Chief Executive Officer Emmanuel G. Herbosa and Director Dante V. Liban jointly said the book, titled “Creating Opportunities, Building Possibilities”, features stories of selected institutions, clients, and partners that DBP has assisted through the years.
“This special commemorative book aptly chronicles DBP’s long and remarkable history as the country’s premier development financial institution by focusing on the compelling narratives of the people whose interests the bank has advanced through its different funding facilities and banking services,” Herbosa said.
DBP is the eighth largest bank in the country in terms of assets and provides credit support to four strategic sectors of the economy – infrastructure and logistics; micro, small and medium enterprises; environment; social services and community development.
Among the DBP clients featured in the book are the provincial government of Batangas, Romblon Electric Cooperative, local petroleum player Insular Oil Corporation, solid waste management company FDR Integrated Resource Recovery Management, Inc., and private water utility firm Richli Water Corporation.
DBP Director Liban, who also chairs the Bank’s Development Advocacy Committee and Oversight Committee on the 75th Anniversary celebration, said the launch of the book is also a fitting way to cap off the Bank’s year-long 75th anniversary celebration.
“DBP is proud to share this book that perfectly encapsulates its admirable legacy as the country’s premiere development financing institution. Rest assured that DBP will continuously work hand in hand with our development partners to raise the level of competitiveness of the economy for sustainable growth,” he said.
