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Development Bank Of The Philippines
The Development Bank of the Philippines
Philippines
(DBP) is a state-owned development bank headquartered in Makati
Makati
City, the Philippines. It is the seventh-largest bank[1] in the Philippines
Philippines
in terms of assets with assets of more than P483 billion as of 2016. It is the second-largest state-owned bank, next only to Landbank. It is also one of the largest government-owned and controlled corporations (GOCCs) in the Philippines. It has 114 branches[2] and 15 regional marketing centers across the country.Contents1 Background 2 History 3 Organizational structure 4 Key officials 5 Subsidiaries and affiliates 6 Competition 7 See also 8 External links 9 ReferencesBackground[edit] Under its charter, DBP is classified as a development bank. It is primarily tasked to provide banking services to cater to the needs of agricultural and industrial enterprises
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List Of Business Entities
A business entity is an entity that is formed and administered as per corporate law in order to engage in business activities, charitable work, or other activities allowable. Most often, business entities are formed to sell a product or a service. There are many types of business entities defined in the legal systems of various countries. These include corporations, cooperatives, partnerships, sole traders, limited liability company and other specifically permitted and labelled types of entities. The specific rules vary by country and by state or province
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Credit (finance)
Credit
Credit
(from Latin
Latin
credit, "(he/she/it) believes") is the trust which allows one party to provide money or resources to another party where that second party does not reimburse the first party immediately (thereby generating a debt), but instead promises either to repay or return those resources (or other materials of equal value) at a later date.[1] In other words, credit is a method of making reciprocity formal, legally enforceable, and extensible to a large group of unrelated people.[2] The resources provided may be financial (e.g. granting a loan), or they may consist of goods or services (e.g. consumer credit)
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CTBC Bank
CTBC Bank
Bank
(Chinese: 中國信託商業銀行; pinyin: Zhōngguó Xìntuō Shāngyè Yínháng) is amongst the largest privately owned banks in Taiwan.Contents1 History 2 Philippine subsidiary 3 United States
United States
subsidiary 4 Canadian subsidiary 5 References 6 External linksHistory[edit] It was established in 1966 under the name China Securities and Investment Corporation. In 1971, its name was changed to Chinatrust Investment Company Limited
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Philippine Postal Savings Bank
The Overseas Filipino Bank
Bank
(OFBank) is the state-owned bank in the Philippines. Formerly known as the Philippine Postal Savings Bank (PPSB) or PostBank, it is the smallest of the Philippines' three state-owned banks, ranking 16th among thrift banks in terms of assets.Contents1 History 2 Conversion to Overseas Filipino Bank 3 See also 4 References 5 External linksHistory[edit] Established as Philippine Postal Savings Bank
Bank
in 1906, the bank was closed in 1976 as a result of competition with privately owned banks, but was reopened in 1994 pursuant to the provisions of Republic Act No
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Bangko Sentral Ng Pilipinas
The Bangko Sentral ng Pilipinas
Bangko Sentral ng Pilipinas
(lit. Central Bank of the Philippines; commonly abbreviated as BSP in both Filipino and English) is the central bank of the Philippines. It was established on July 3, 1993, pursuant to the provision of Republic Act
Republic Act
7653 or the New Central Bank Act of 1993.[2]Contents1 History1.1 American era and World War II 1.2 Third Republic and martial law 1.3 Present2 Roles and responsibilities 3 Organization of the Bangko Sentral 4 Convertible currencies 5 Microfinance
Microfinance
and financial inclusion 6 Anti-money laundering 7 Governors 8 Museum 9 Security Plant Complex 10 References 11 Publications 12 External linksHistory[edit] American era and World War II[edit]This section needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed
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MegaLink
MegaLink (also spelled Megalink) was an interbank network connecting the ATM networks of banks in the Philippines. At planned re-purposing in 2015, it had a total of more than 2,921* ATMs nationwide and handled more than 795,000* transactions a day. MegaLink was the largest interbank network in the Philippines
Philippines
with 13.1 million cardholders.
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Banking
A bank is a financial institution that accepts deposits from the public and creates credit.[1] Lending
Lending
activities can be performed either directly or indirectly through capital markets. Due to their importance in the financial stability of a country, banks are highly regulated in most countries. Most nations have institutionalized a system known as fractional reserve banking under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, known as the Basel Accords. Banking
Banking
in its modern sense evolved in the 14th century in the prosperous cities of Renaissance Italy
Renaissance Italy
but in many ways was a continuation of ideas and concepts of credit and lending that had their roots in the ancient world
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Philippine President
The President of the Philippines
Philippines
(Filipino: Pangulo ng Pilipinas, informally referred to as Presidente ng Pilipinas) or in (Spanish: Presidente de Filipinas) is the head of state and head of government of the Philippines. The President leads the executive branch of the Philippine government
Philippine government
and is the commander-in-chief of the Armed Forces of the Philippines. The President is directly elected by the people, and is one of only two nationally elected executive officials, the other being the Vice President of the Philippines. However, four vice presidents have assumed the presidency without having been elected to the office, by virtue of a president's intra-term death or resignation.[note 1] Filipinos
Filipinos
refer to their President as Pangulo or Presidente. The President serves a single, fixed, six-year term without possibility of re-election
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Benigno Aquino III
President of the PhilippinesPoliciesForeign PolicyInternational trips 2012 Scarborough Shoal standoff Philippines v. China
Philippines v

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Chief Executive Officer
Chief executive officer (CEO)[1] is the position of the most senior corporate officer, executive, leader or administrator in charge of managing an organization – especially an independent legal entity such as a company or nonprofit institution. CEOs lead a range of organizations, including public and private corporations, non-profit organizations and even some government organizations (e.g., Crown corporations). The CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the value of the entity,[1] which may include maximizing the share price, market share, revenues, or another element. In the non-profit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, such as reducing poverty, increasing literacy, etc
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Philippine Peso
The Philippine peso, also referred to by its Filipino name piso (Philippine English: /ˈpɛsoʊ/, /ˈpiː-/, plural pesos /ˈpɛsɔːs/; Filipino: piso [ˈpiso, pɪˈso]; Spanish: peso; sign: ₱; code: PHP), is the official currency of the Philippines. It is subdivided into 100 centavos or sentimos in Filipino. As a former colony of the United States, the country used English on its currency, with the word "peso" appearing on notes and coinage until 1967. Since the adoption of the usage of the Filipino language
Filipino language
on banknotes and coins, the term "piso" is now used. Since 2017, the ISO 4217
ISO 4217
standard refers to the currency by the Filipino term "piso".[2] The peso is usually denoted by the symbol "₱". Other ways of writing the Philippine peso sign
Philippine peso sign
are "PHP", "PhP", "Php", "P$",[citation needed] or just "P"
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Financial Capital
Financial capital
Financial capital
is any economic resource measured in terms of money used by entrepreneurs and businesses to buy what they need to make their products or to provide their services to the sector of the economy upon which their operation is based, i.e
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Industry
Industry
Industry
is the production of goods or related services within an economy.[1] The major source of revenue of a group or company is the indicator of its relevant industry.[2] When a large group has multiple sources of revenue generation, it is considered to be working in different industries. Manufacturing
Manufacturing
industry became a key sector of production and labour in European and North American countries during the Industrial Revolution, upsetting previous mercantile and feudal economies
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Commerce
Commerce
Commerce
is "related to the exchange of goods and services, especially on a large scale".[1] Commerce
Commerce
includes legal, economic, political, social, cultural and technological systems that are in operation in any country or internationally.Contents1 Etymology 2 History 3 See also 4 ReferencesEtymology[edit] Commerce
Commerce
is derived from the Latin
Latin
commercium, from cum and merx, merchandise.[2] History[edit]The caduceus has been used today as the symbol of commerce[3] with which Mercury has traditionally been associated.Some commentators trace the origins of commerce to the very start of transaction in prehistoric times
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The Hongkong And Shanghai Banking Corporation
HSBC
HSBC
(Chinese: 滙豐; Cantonese
Cantonese
Yale: Wuihfūng), officially known as The Hongkong and Shanghai
Shanghai
Banking Corporation Limited (Chinese: 香港上海滙豐銀行有限公司), is a wholly owned subsidiary of HSBC
HSBC
Holdings, the largest bank in Hong Kong, and operates branches and offices throughout the Asia Pacific
Asia Pacific
region, and in other countries around the world
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