President Aquino receives the DBP P4-B dividend symbolic check

Feb. 5 (PNA) – President Benigno S. Aquino III receives the Development Bank of the Philippines (DBP) P4-billion dividend symbolic check from DBP Chairman Jose Nuñez Jr. and Director Cecilio Lorenzo during the ceremonial presentation coinciding with DBP’s 65th anniversary celebration at the Penthouse, Bulwagan ng Diwang Pilipino, DBP Head Office, Makati City Friday (Feb. 3, 2011). DBP registered a net income of P4-billion in 2011, an increase of 9 percent from the P3.68-billion it registered in the previous year boosted by an increase in loans and investments. DBP’s 2011 net income is the second-highest that the Bank has recorded in its 65-year history. (Photo by: Benhur Arcayan/Malacañang Photo Bureau/PNA)