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The Development Bank of the Philippines (DBP) registered a net income of P5.28 billion last year, a 27.85-percent growth from P4.13 billion in 2012, buoyed by significant increases in deposits, loans to borrowers, and investments.

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The country’s third investment grade rating may be forthcoming as Moody’s Investors Service has lauded the Philippine economy’s robust expansion, the Aquino government’s record budget surplus, and the conduct of generally peaceful elections.

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FITCH RATINGS SERVICES

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                    [Summary] => 
The Development Bank of the Philippines (DBP) registered a net income of P5.28 billion last year, a 27.85-percent growth from P4.13 billion in 2012, buoyed by significant increases in deposits, loans to borrowers, and investments.

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The country’s third investment grade rating may be forthcoming as Moody’s Investors Service has lauded the Philippine economy’s robust expansion, the Aquino government’s record budget surplus, and the conduct of generally peaceful elections.

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abtest

DBP income up 27.85% to P5.28 B

By Ted P. Torres | February 15, 2014 - 12:00am

The Development Bank of the Philippines (DBP) registered a net income of P5.28 billion last year, a 27.85-percent growth from P4.13 billion in 2012, buoyed by significant increases in deposits, loans to borrowers,...

Business

Moody’s hints of upgrade for Phl

By Zinnia B. Dela Peña | June 4, 2013 - 12:00am

The country’s third investment grade rating may be forthcoming as Moody’s Investors Service has lauded the Philippine economy’s robust expansion, the Aquino government’s record budget surplus,...

Business