Development Bank of the Philippines


	Development Bank of the Philippines

philippinetrivia

10-26-2009 10:58 PM

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banking, philippines, business, institution, society, trivia, stamps

philippinetrivia says:

The Development Bank of the Philippines, under its new charter, is classified as a development bank and may perform all other functions of an expanded commercial bank. Its primary objective is to provide banking services principally to cater to the medium- and long-term needs of agricultural and industrial enterprises with emphasis on small-and medium-scale industries.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/cb7e10cb-0b71-4444-a27e-ff2bf0961cd4/1400D775-9C44-47CC-A5A0-CB48232016E0/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.philippine-trivia.com/Institutions-Society/Development-Bank-of-the-Philippines.html" href="http://www.philippine-trivia.com/Institutions-Society/Development-Bank-of-the-Philippines.html" style="font-size: 11px;">www.philippine-trivia.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.philippine-trivia.com/Institutions-Society/Development-Bank-of-the-Philippines.html"><H2 class="itemTitle">
	  	Development Bank of the Philippines	  	
</H2></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.philippine-trivia.com/Institutions-Society/Development-Bank-of-the-Philippines.html"><DIV>Development Bank of the Philippines' history can be traced back to the Commonwealth years when the early infrastructure for development financing was laid down by the government.</DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.philippine-trivia.com/Institutions-Society/Development-Bank-of-the-Philippines.html"><DIV> In 1935, the National Loan and Investment Board (NUB) was created to coordinate and manage government trust funds such as the Postal Savings Fund and the Teachers' Retirement Fund.</DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.philippine-trivia.com/Institutions-Society/Development-Bank-of-the-Philippines.html"><DIV> In 1939, the Agricultural and Industrial Bank (AIB), which absorbed the functions of the NUB, was created and started to harness government resources until the outbreak of war.</DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.philippine-trivia.com/Institutions-Society/Development-Bank-of-the-Philippines.html"><DIV title="" class="jwts_tabbertab "><H2><A name="advtab" href="javascript:alert('This link contains javascript. Please visit the clip source to follow this link.');" target="_self">Stamp Commemoration</A></H2><A title="60th anniversary of the Development Bank of the Philippines" target="_blank" href="http://www.philippine-trivia.com/stamps.html?func=detail&id=187#joomimg">60th anniversary of the Development Bank of the Philippines</A> <P></P></DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.philippine-trivia.com/Institutions-Society/Development-Bank-of-the-Philippines.html"><DIV class="itemCategory">
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		  <SPAN>Tagged under</SPAN>
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		    		    <li style="margin-left:16px;padding-left: 0px;"><A href="http://www.philippine-trivia.com/tag/institutions.html">institutions</A></LI>
		    		    <li style="margin-left:16px;padding-left: 0px;"><A href="http://www.philippine-trivia.com/tag/bank.html">bank</A></LI>
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