State-owned Development Bank of the Philippines (DBP) has been conferred the Outstanding Disbursement Partner for Checkless Disbursement for Developers award by the Pag-IBIG Fund, in recognition of the Bank’s efforts in providing efficient and secure electronic fund disbursement services for housing developers.
Pag-IBIG cited DBP’s exemplary performance in facilitating seamless housing development fund transfers through secure, efficient, and checkless electronic disbursement channels, which promoted operational efficiency and improved client satisfaction. DBP President and Chief Executive Officer Michael O. de Jesus said the Bank has consistently supported the housing agency’s initiatives to enhance and expand access to housing programs for underserved communities, which is closely aligned with DBP’s priority thrusts while buttressing the National Government’s socio-economic goals.
Accepting the award for DBP was DBP Vice President for Marketing Group Ricardo Josef S. Bandal II (fourth from left). Present during the awarding ceremony on February 27, 2026, at the Reception Hall of the Philippine International Convention Center (PICC) were Pag-IBIG Chief Executive Officer (CEO) Marilene C. Acosta (third from left), Pag-IBIG Deputy CEO for Marketing, Product Development and Sales Cluster Alexander Hilario G. Aguilar (leftmost), Pag-IBIG Deputy CEO for Operations Cluster Benjamin R. Felix, Jr. (second to the left), Pag-IBIG Deputy CEO for Support Services Cluster Atty. Robert John S. Cosico (second to the right), and Acting Deputy CEO for Member Services Cluster Atty. Marcial C. Pimentel Jr. (rightmost).
