DBP Related Topics

Department of Finance MANILA, Philippines The Department of Finance (DoF) urged Congress to speed up the approval of bills that would tweak the charters of the two state banks so they can finally go public and help replenish their capital following

The International Monetary Fund (IMF) said the government must quickly restore the capital of the two state-owned banks following their hefty contributions to the Maharlika Investment Corp. (MIC) in order to protect the resilience of the local finan