Published December 29, 2020, 5:30 AM
An international multi-media firm cited the Development Bank of the Philippines (DBP) for its maiden issuance of P18.125-billion ASEAN Sustainability Bonds last year.
The bonds, meant to bankroll projects on the environment and financial inclusion, won as Best Sustainability Bond – Financial Institution, in The Asset Country Awards 2020 of the Hong Kong-based financial publication The Asset.
DBP President and Chief Executive Officer Emmanuel G. Herbosa
“As a development financing institution, DBP has always been at the forefront of sustainable development and environment protection,” remarked DBP President and Chief Executive Officer Emmanuel G. Herbosa.
“We take pride and honor for this achievement as it recognizes DBP’s role as a catalyst for inclusive development,” he noted.