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Application on LBP-DBP merger not yet with BSP • Cai U. Ordinario - Vimarsana News

Application on LBP-DBP merger not yet with BSP • Cai U. Ordinario

THE Bangko Sentral ng Pilipinas (BSP) has not received an application for the merger of the LandBank of the Philippines (LBP) and the Development Bank of the Philippines (DBP). In a briefing with reporters on Wednesday, BSP Governor Eli M. Remolona Jr. said the merger of the two government financial institutions (GFIs) will require a