Advisories
Advisory on Clickable Links in E-mails or SMS. Read here.
Electronic Services Consumer Awareness Program. Read here.
New ATM card transaction limits and fees. Read here.
Anatomy of a Phishing Email. Read here.
Advisory on Vishing. Read here.

DBP recognized for good corporate governance

·
President and Chief Executive Officer Cecilia C. Borromeo receives the award of excellence from GCG and ICD officials during the awarding ceremony held in Makati City. Also in photo are (from left): FVP Perla Melanie Caraan and Directors Miguel Abaya, Luis Bonguyan and Rogelio Garcia (first, second, third and fourth from left, respectively).

DBP was presented with an award of excellence by the Governance Commission for GOCCs and the Institute of Corporate Directors for achieving one of the highest scores on the Corporate Governance Scorecard (CGS) for government-owned and controlled corporations. The awarding ceremony was held on November 24, 2017 at the Dusit Thani Hotel in Makati City.

DBP ranked fourth out of the 10 awardees with a score of 91.50% based on 2016 Assessment for 2015 Operations. The bank also posted the biggest leap among the awardees, jumping from #11 last year to #4 this year with a 28.8-point improvement. It also earned a perfect score of 35% in the section on Disclosure and Transparency.

Other awardees were the Philippine Deposit Insurance Corporation, Land Bank of the Philippines, Philippine Crop Insurance Corporation, Bases Conversion and Development Authority, LBP Leasing and Finance Corporation, Government Service Insurance System, PNOC Renewable Corporation, Philippine Reclamation Authority and Social Security System.

The CGS is a quantitatively-driven evaluation tool extracted from existing and globally-accepted standards and practices. It serves as an instrument to assess the Corporate Governance performance of GOCCs using a methodology benchmarked against the OECD Principles of Corporate Governance and ASEAN Corporate Governance Scorecard. It also aims to recognize well-governed GOCCs and raise Corporate Governance standards and practices.

Close