DBP Allocates P510M for Education Program

State-owned Development Bank of the Philippines (DBP) has unveiled a P510-million corporate social responsibility initiative aimed at expanding access to quality education across the country by improving school facilities and endowments.

- By MARCO LUIS BEECH

DBP president and CEO Michael de Jesus said the bank's integrated scholastic program for inclusive and responsive education is a strategic supplement to government initiatives through scholarships and collaborative support with higher education institutions (HEIs).

"In the first year of the program's implementation, at least 350 financially challenged students will benefit, especially those enrolled in courses such as engineering and its related fields," de Jesus said.