DBP hikes support to Mindanao

STATE-OWNED Development Bank of the Philippines (DBP) has signed agreements with two government agencies aimed at strengthening socioeconomic initiatives including enhancing agricultural productivity and food production in the Mindanao region, a top official said.

- 

DBP President and Chief Executive Officer Michael O. de Jesus said the bank entered into a partnership with the Mindanao Development Authority (MinDA) and signed a tripartite agreement with the same agency and the Department of Agriculture - Philippine Rural Development Project (DA – PRDP) Project Support Office Mindanao to deliver critical socioeconomic projects for key sectors in the region.