DBP cited for countryside dev’t

State-owned Development Bank of the Philippines (DBP) was honored by a top consultancy company for its role in promoting economic development in the countryside, a top official said.

DBP president and CEO Cecilia Borromeo said the bank was one of the recipients of the first-ever Nation Builder Award presented by local engineering firm Quantity Solutions Inc. and co-presented by the American Chamber of Commerce.

“The award has even greater significance to the DBP because of its mandate to be government’s catalyst for nation-building. This award helps validate our relevance, our impact, the magnitude of the work that we do with our partners in development,” Borromeo said.

DBP was cited for its projects that have boosted investments, generated jobs, and promoted human capital especially in underserved areas of the country.

Other awardees were DM Consunji Inc., Ayala Land, AIDEA, Astoria Hotels, Cargill, Sutherland, Fluor, Quezon Power and Texas Instruments.

DBP officials led by first vice president Daniel Gonzales (3rd from left) and executive vice president Benel Lagua (fourth from left) receive the Nation Builder Award from officials of Quantity Solutions Inc. and the American Chamber of Commerce during ceremonies held at the Okada Manila in Parañaque City.