The Development Bank of the Philippines is a state-owned development bank headquartered in Makati City, the Philippines. It is the seventh-largest bank in the Philippines in terms of assets with assets of more than P483 billion as of 2016. It is the second-largest state-owned bank, next only to Landbank. Headquarters: Makati, Philippines CEO: Cecilia C. Borromeo (Jan 2017–) Total assets: 483 billion PHP (2016) Net income: 4.7 billion PHP (2015) Founded: 1947, Manila, Philippines Subsidiaries: Al-Amanah Islamic Bank, DBP Data Center, Inc., DBP Management Corporation, DBP Leasing Corporation

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