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dbp.ph

Investments

4

Partners & Customers

10

About Development Bank of the Philippines

The Development Bank of the Philippines is the country's most progressive development banking institution. Through the years, DBP has been a key player in nation-building by assisting critical industries and sectors, promoting entrepreneurship particularly in the countryside, helping build more productive communities, advancing environmental protection and contributing to the improvement of lives of Filipino across the nation.

Headquarters Location

Sen. Gil J. Puyat Avenue corner Makati Avenue

Makati City,

Philippines

(632) 818-9511

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Latest Development Bank of the Philippines News

Development Bank of the Philippines Selects Polaris and Kaisa to Transform its Core Banking Operations

Jun 10, 2015

Development Bank of the Philippines Selects Polaris and Kaisa to Transform its Core Banking Operations 2015-06-10 01:50 MAKATI CITY, Philippines and CHENNAI, India, June 10, 2015 /PRNewswire/ -- Powered by Intellect Banking Suite to fuel bank's growth Polaris Kaisa, a joint initiative between Polaris Consulting & Services Ltd, a leader in digital transformation solutions & services and Kaisa Consulting, today announced that the Development Bank of the Philippines (DBP), one of the largest Government Financial Institutions (GFI) in the Philippines, has chosen to implement Intellect Digital Core (Core Banking Solution) to transform its core banking operations. The Development Bank of the Philippines, the country's premier development finance institution, has been a key player in nation-building by assisting critical industries and sectors, promoting entrepreneurship and contributing to the improvement of lives of Filipinos across the nation. Polaris Consulting has joined with Kaisa Consulting, the leading IT strategy and implementation consultancy in Philippines to implement the Intellect banking suite for DBP. DBP has chosen the solution packaged with an integrated set of products from the Digital-ready Intellect suite of products such as Digital Core (Core Banking Solution), Loans Origination & Loans Management System and end-to-end Trade Finance. The solutions will drive operational, technological implementation and support excellence at a very low Total Cost Ownership (TCO) for the Bank. The Digital Core solution, based on a powerful technology platform, coupled with a superior software design, will help DBP become the primary bank of every customer by redefining the overall customer experience. Mr. Gil A. Buenaventura, President & Chief Executive Officer, Development Bank of Philippines, said, "The Development Bank of the Philippines is a key player in the nation's economy building initiatives. As a development financial institution we strive to assist in the building of productive communities and in promoting developmental activities taken up by individuals and organizations in the country. Polaris' proven domain expertise and its Core Banking solution will help us in achieving our agenda. I also believe that the solution would also provide us with the flexibility and robust scalability required to support our growth plans. " Mr. Carlos R. Villegas Jr., Managing Director, Kaisa Consulting Company, Inc. said, "We are honored to provide the infrastructure, the expertise and the technology to support DBP's noble mission of becoming a financial institution that serves as a catalyst for a progressive and more prosperous Philippines. We assure DBP and its customers that Kaisa will do its utmost to make the project a success. " Mr. Jitin Goyal, CEO and Executive Director, Polaris Consulting & Services Limited, said, "We are pleased that the Development Bank of the Philippines has chosen us and our Digital Core banking solution to assist them in their development agenda. This technology partnership with DBP comes at an opportune time as, in the current global economic scenario, banks worldwide are focusing on Digital Transformation for more stable annuity revenue with lower risks. " Speaking on the benefits of the Core Banking Solution, Mr. Jaideep Billa, CEO, Global Consumer Banking (iGCB), Intellect, stated, "The Digital Core Banking solution can help banks become the primary bank of every customer by redefining customer experience. The solution harmonizes the power of digital 360 with customer-centric architecture, ensuring same experience across at all touch points. Supporting the vision of the bank, this implementation will enable the bank to re-align their strategies to provide superior customer experience. With the Digital Core solution, the bank can achieve their ambition to embrace digital technologies through innovative banking products. " About DBP  Development Bank of the Philippines, the country's premier  development financial institution, DBP has taken upon itself the strategic task of influencing and accelerating sustainable economic growth, through the provision of resources, for the continued well-being of the Filipino people. About Kaisa Consulting  Kaisa Consulting is a world-class provider of end-to-end technology-enabled business solutions through on-premise and offshore Business&Technology Consulting, transactional and transformational BPO and IT Consulting Resource Management. About Polaris Consulting & Services Ltd  Polaris Consulting & Services Ltd is an innovator in digital transformation, offering solutions that result in performance breakthroughs where incremental improvements are not sufficient. Polaris has specialized vertical practices in consumer and corporate banking, capital markets, and insurance. For Media related info:

Development Bank of the Philippines Investments

4 Investments

Development Bank of the Philippines has made 4 investments. Their latest investment was in ADAMCO as part of their Debt on March 04, 2022.

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Development Bank of the Philippines Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

3/4/2022

Debt

ADAMCO

$19.23M

Yes

1

6/14/2021

Line of Credit

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$99M

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10

2/15/2019

Loan

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$99M

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10

6/3/2013

Debt

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$99M

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10

Date

3/4/2022

6/14/2021

2/15/2019

6/3/2013

Round

Debt

Line of Credit

Loan

Debt

Company

ADAMCO

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Amount

$19.23M

$99M

$99M

$99M

New?

Yes

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Co-Investors

Sources

1

10

10

10

Development Bank of the Philippines Partners & Customers

10 Partners and customers

Development Bank of the Philippines has 10 strategic partners and customers. Development Bank of the Philippines recently partnered with Infrastructure Asia on June 6, 2022.

Date

Type

Business Partner

Country

News Snippet

Sources

6/23/2022

Partner

Singapore

State-owned lender renews deal with Singaporean firm

`` Our partnership with InfraAsia bodes well for STATE-owned Development Bank of the Philippines moving forward as we continue to support initiatives that seek to address the country 's infrastructure gaps and lay the foundation for a competitive and resilient Philippine economy , '' Herbosa said .

2

6/2/2022

Partner

DBP, PDIC ink deal in claims vs shut banks

STATE-owned Development Bank of the Philippines Senior Vice President for Branch Banking George S. Inocencio said this latest collaboration with PDIC reflects the bank 's `` commitment to be responsive to the evolving banking needs of the depositing public '' and aims to bring `` essential financial services closer to more '' Filipinos .

1

8/20/2021

Partner

Philippines

DBP, CDA ink pact to strengthen cooperatives - Development Bank of the Philippines

Development Bank of the Philippines President and Chief Executive Officer Emmanuel G. Herbosa said the bank 's partnership with CDA allows access to the bank 's credit programs , as well as to training programs on financial and operational management .

1

1/16/2020

Partner

Philippines

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10

12/26/2019

Partner

Philippines

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10

Date

6/23/2022

6/2/2022

8/20/2021

1/16/2020

12/26/2019

Type

Partner

Partner

Partner

Partner

Partner

Business Partner

Country

Singapore

Philippines

Philippines

Philippines

News Snippet

State-owned lender renews deal with Singaporean firm

`` Our partnership with InfraAsia bodes well for STATE-owned Development Bank of the Philippines moving forward as we continue to support initiatives that seek to address the country 's infrastructure gaps and lay the foundation for a competitive and resilient Philippine economy , '' Herbosa said .

DBP, PDIC ink deal in claims vs shut banks

STATE-owned Development Bank of the Philippines Senior Vice President for Branch Banking George S. Inocencio said this latest collaboration with PDIC reflects the bank 's `` commitment to be responsive to the evolving banking needs of the depositing public '' and aims to bring `` essential financial services closer to more '' Filipinos .

DBP, CDA ink pact to strengthen cooperatives - Development Bank of the Philippines

Development Bank of the Philippines President and Chief Executive Officer Emmanuel G. Herbosa said the bank 's partnership with CDA allows access to the bank 's credit programs , as well as to training programs on financial and operational management .

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Sources

2

1

1

10

10

Development Bank of the Philippines Team

1 Team Member

Development Bank of the Philippines has 1 team member, including former Senior Vice President, Jane Gocuan.

Name

Work History

Title

Status

Jane Gocuan

Senior Vice President

Former

Name

Jane Gocuan

Work History

Title

Senior Vice President

Status

Former

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