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Awards and Citations

Through the years, DBP has been a recipient of numerous awards and recognitions from respected local and international institutions, among them:

  • Association of Development Financing Institutions in Asia and the Pacific (ADFIAP)
  • The Asset Magazine
  • PFI Magazine
  • Institute of Corporate Directors
  • The Asian Banking Awards
  • The Asian Banker 300
  • Hewitt Associates
  • World Bank Citation
  • International Ratings
  • The Banker Magazine Awards
  • The Asian Institute of Management (AIM) Award
  • The Personnel Management Association of the Philippines (PMAP) Awards

Association of Development Financing Institutions in Asia and the Pacific (ADFIAP)

The Asset Magazine

PFI Magazine

Institute of Corporate Directors

The Asian Banking Awards

  • 2004 Best Development Project for the SLDP
  • 2001 Most Outstanding Environmental Program for the New and Renewable Energy Financing Program
  • 1999 Most Outstanding Environmental Program for the Environmental Management Program
  • 1998 Most Outstanding Development Finance Program
  • 1998 Most Outstanding Fund Sourcing Program

The Asian Banker 300

Hewitt Associates

World Bank Citation

  • 2000 Recognition of Excellence for the efficient administration of the US$23 million first tranche of the LGU Urban Water Sanitation Program

International Ratings

  • Standard and Poor’s (S&P) “BBBpi” rating for three consecutive rating periods which makes it the highest rated Philippine bank in 1998 and 1999.
  • 1997 Moody’s Investors Service’s “D+” Bank Financial Strength Rating for intrinsic safety and soundness.
  • 1997 Moody’s Investors Service’s “Ba1” Rating on senior long-term debt and “Ba2” Rating on long-term deposits for strong capital protection, good asset quality, profitability and a vigilant regulatory environment.
  • 1997 Japan Credit Rating Agency’s BBB Rating for the 20 Billion Asian Yen Bond Flotation
  • 1997 Finance Asia Magazine’s Best Samurai Bond Flotation issued with Daiwa Securities
  • 1996 Thomson BankWatch’s LC-1 Rating for short-term, local currency

The Banker Magazine Awards

  • 1995 Top Development Bank in the ASEAN Region in terms of income
  • 1995 No. 1 Development Bank in the Philippines
  • 1995 No. 23 Development Bank in the World
  • 1991 Second Soundest Bank in the World
  • 1991 Third Best Performing Bank in the World

The Asian Institute of Management (AIM) Award

  • 1993 Asian Management Award for People Development and Managament

The Personnel Management Association of the Philippines ( PMAP ) Awards

  • 1991 Employer of the Year
  • 1991 Best Personnel Program

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