Development Bank of the Philippines

General Information

Address: Sen. Gil J. Puyat Avenue corner Makati Avenue, Makati City, Philippines
Tel No: (632) 8-818-9511
Email Address:

Representative: Ma. Eliza C. Galvan
Designation: Senior Assistant Vice President; Concurrent Officer-in-Charge, Corporate Finance Group; Head, Investment Banking Department
Tel No: 8818-9511 loc. 3814
Email Address:

Alternate: Lemuel D. Imperial
Designation: Senior Assistant Vice President; Head, Capital Markets Department
Tel No: 8818-9511 loc. 3809
Email Address:

Date of Incorporation: The government created the Rehabilitation Finance Corporation (RFC) under R.A. No. 85 in the year 1947.

Ownership Structure: 100% owned by the Government of the Republic of the Philippines

Financial Highlights (as of December 31, 2022)
COA Audited (in '000)

Total Assets
Total Liabilities
Total Equity

List of Directors



Alberto G. Romulo
Emmanuel G. Herbosa
Vice Chairman
Miguel C. Abaya
Maria Lourdes A. Arcenas
Luis C. Bonguyan
Emmanuel P. Galicia, Jr.
Rogelio V. Garcia
Teodoro M. Jumamil

List of Officers



Emmanuel G. Herbosa
President & Chief Executive Officer
Fe Susan Z. Prado
Branch Banking Sector
Marietta M. Fondevilla
Corporate Services Sector
Jose Gabino D. Dimayuga
Development Lending Sector
Marietta M. Fondevilla
Operations Sector
Roda T. Celis
Treasury & Corporate Finance Sector
Nomerlito A. Juatchon
Compliance Management Group
Catherine T. Magana
Enterprise Risk Management Group
Perla Melanie C. Caraan
Human Resources Management Group
Soraya F. Adiong
Legal Services Group
Ronaldo U. Tepora
Strategic Planning Group

DBP Products and Services


  1. Young Earners Savings Account
  2. Wisdom Savings Account
  3. Wisdom Term Deposit
  4. High Earner
  5. Savings Account Peso
  6. Savings Account USD
  7. Checking Account
  8. Term Deposit (TD) Regular Peso/USD
  9. TD - Special Savings
  10. TD - Option Savings
  11. Payroll Account
  12. Pensioner's Account
  13. Special Investor's Resident Visa (SIRV)
  14. Deposit Account for Financial Inclusion
  15. DBP Debit Visa Card
  16. DBP ATM ID Debit Card
  17. DBP Prepaid Visa Card
  18. DBP Cash Card
  19. Pag-Ibig Prepaid Card
  20. ATM Piggybacking Partnership
  21. Bills Payment Facility
  22. Proprietary Bills Payment Facility
  23. DBP Visa Gift Card

A. Inward Foreign and Domestic Remittance

  1. Credit to DBP Account
  2. Bank to Bank Credit via PESONet, SEIFT/RTGS and PDDTS
  3. Bank to Bank Credit via Instapay
  4. Cash Pick-up
  5. Payment to Institutions (Overseas Collection Arrangement)

B. SA-Electronic Cash (EC) Card Account


Infrastructure and Logistics

  1. Connecting Rural Urban Intermodal Systems Efficiently (CRUISE)
  2. DBP Electric Cooperative Loan Take-Out Assistance from PSALM (DELTA-P)
  3. DBP Mindanao Development Assistance (DBP-MINDA) Financing Program
  4. Financing Utilities for Sustainable Energy Development (FUSED) Program
  5. Infrastructure Contractors Support (ICONS) Program
  6. Program Assistance to Support Alternative Driving Approaches (PASADA) Program
  7. Solar Merchant Power Plant (SMPP) Financing Program

Micro, Small and Medium Enterprises

  1. Rediscounting Line Facility for Financial Institutions (RLF-FI)
  2. Broiler Contract Growing Program (BGCP)
  3. Agroforestry Plantation Program (APP)
  4. Expanded Rice Credit Assistance Under the Rice Competitiveness Enhancement Fund (ERCA-RCEF)
  5. DA-ACPC-DBP Buyanihan Credit Program
  6. DBP Response-MSME Recovery
  7. DBP-Credit Surety Fund (CSF)
  8. Wholesale Credit Facilities
  9. Rural Agro-Enterprise Partnership for Inclusive Development and Growth (RAPID Growth) Credit Facility
  10. Swine Rehabilitation, Repopulation and Recovery Program (Swine R3-Bank-Funded Loans)
  11. Swine Rehabilitation, Repopulation and Recovery Program (Swine R3- ACPC-Funded Loans)

Environment and Climate Change

  1. Energy Efficiency Savings (E2SAVE) Financing Program
  2. Green Financing Program (GFP) - includes projects on Solid and Hazardous Waste Management, Sanitation, Resource Efficiency and Conservation and Cleaner Production
  3. Lending Initiative for Sanitation (LINIS) Program
  4. Water For Every Resident (WATER) Program

Social Services and Community Development

  1. Assistance for Economic and Social Development (ASENSO) for Local Government Units (LGUs) Financing Program
  2. Assistance For Economic and Social Development - Bayanihan Interest Subsidy (ASENSO-BAYANIHAN ISF) Program
  3. Building Affordable Homes Accessible to Every Filipino (BAHAY) Program
  4. DBP Credit Facility for SHFC Contractors and Developers (BAHAY-SHFC)
  5. Education Sector Support for Knowledge, Wisdom and Empowerment Through Lending Assistance (ESKWELA) Program
  6. DBP Rehabilitation Support Program for Severe Events (RESPONSE)
  7. Strategic Healthcare Investments for Enhanced Lending & Development (SHIELD) Program
  8. DBP Sustainable Waste Management for Enhanced Environmental Protection (SWEEP) Financing Program
  9. Contract-to-Sell Financing Facility for Real Estate Developers (CTS PROGRAM)

Corporate Social Responsibility

  1. DBP Forest Program (DFP)
  2. DBP Native Tree Seedbank Project


  1. Government Securities
  2. Corporate Bonds/Bank Notes
  3. Foreign Exchange
  4. DBP Issuances
  5. Outright FX Forward
  6. Issue Management
  7. Fixed-Income Underwriting
  8. Loan Syndication/ Arrangement
  9. Structuring/ Project Finance
  10. Transaction and Financial Advisory Services


Investment Management Account (IMA)

  1. Investment Management Account Trust and Other Fiduciary Accounts (TOFA)
  2. Employee Benefit Trust
  3. Escrow
  4. Legislated and Quasi Judicial Trust - Directors' and Officers' Liability Fund (DOLF)
  5. Legislated and Quasi Judicial Trust - Credit Surety Fund
  6. Legislated and Quasi Judicial Trust - Public Trusteeship
  7. Other Legislated and Quasi Judicial Trust
  8. Facility/Loan Agency
  9. Mortgage/Collateral Trust Indenture
  10. Personal Management Trust (PMT)
  11. Special Purpose Trust
  12. Other Institutional Trust
  13. Safekeeping
  14. Transfer and Paying Agency

Unit Investment Trust Fund (UITF)

  1. Unlad Kawani Money Market Fund
  2. Unlad Panimula Multiclass Money Market Fund (UNLAD PANIMULA)