State-owned Development Bank of the Philippines (DBP) was recognized by an international association of development banks and financial institutions for its efforts to promote energy efficiency in the country, a top official said. Know more:
State-owned Development Bank of the Philippines was recognized by an international association of development banks and financial institutions for its efforts to promote energy efficiency in the country, a top official said.
“We are truly grateful and honored to be a recipient of this citation for our development efforts under the DBP E2SAVE program,” Herbosa said. “This recognition from the ADFIAP is an attestation of the Bank’s continuing efforts for the unimpeded delivery of financial services to further drive economic growth.”
The DBP E2SAVE Program is designed to help public and private institutions improve their productivity by harnessing available new technologies in the market for their energy efficiency and renewable energy projects. It also allows loan repayment based on electricity savings to make investments affordable to end-users.
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