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Get to know Development Bank of the Philippines

The Development Bank of the Philippines (DBP) is a government-owned financial institution that provides banking services to support the country's agricultural and industrial sectors. Established in 1947, its primary mission is to be the premier catalyst for a sustainable and progressive Philippines. DBP functions as both a development bank and a universal bank, financing projects in key areas such as infrastructure and logistics, social services, environmental protection, and micro, small, and medium enterprises (MSMEs). It plays a crucial role in nation-building by aligning its financial resources with the Philippine government's development priorities.

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Development Bank of the Philippines

Philippines

Founded in

1947 (79 Years)

Founded

Last online: No recent activity

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Regulated

Recommended

(74 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

SEC
LMP Status:
Inactive
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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

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