What does DBP mean in BANKING

The Development Bank of the Philippines (DBP) is a universal, full-service bank that seeks to promote and extend financial inclusion by providing banking and financial services to micro, small, and medium enterprises.

DBP helps stimulate economic growth by providing various financial services to its customers, such as financing for MSMEs, consumer finance products, and capital market investments. It also offers other specialized services such as loan restructuring and credit protection insurance.

You need to visit any DBP branch or sub-branch nearest you in order to apply for savings, current or time deposit accounts. Requirements may differ depending on the type of deposit account you wish to open. Once completed, you will receive your account number immediately after approval.

Yes! DBP provides online banking services via its accounts portal where you can securely manage your finances through the internet 24/7. You can view account information, make payments and deposits, transfer funds from one account to another within the DBP network and more.

In order to apply for a loan from DBP, you need to complete an application form at any branch or sub-branch near you. The loan application process usually includes prequalification, credit evaluation and approval processes before final execution of the loan contract between both parties.

Depending on which type of loan product you are applying for (i.e., business loans or personal loans), different supporting documents may be required during prequalification stage such as certifications issued by authorized government agencies that confirm existing businesses with sufficient capacity or income tax return forms reflecting applicant’s incomes over two years prior.

Yes! Aside from core banking products provided by banks like deposits and loans products offered by Development Bank of the Philippines (DBP), it also provides investment options such as fixed income fund investments, equity investments trust fund investing and more.

Yes! Aside from accessing free advice from investment counselors available at most branches nationwide; investors may also take advantage of webinars such as “FINANCE 101 - Investing & Growing Your Money Wisely” partnered with Philippine Stock Exchange (PSE). These webinars discuss practical ways investors may make educated decisions when investing.

Yes! Being part of Debit Card Rewards Program allows clients who use their bank cards gain more value each time they use their Debit Mastercard at partner merchants within storewide discounts; bringing convenience every step of their daily lives.