DBP LEASING HOLDS BLESSING OF ITS NEW AND EXPANDED OFFICE
Company’s Turnaround Highlighted
DBP Leasing Corporation (DBPLC) held the blessing of its new office on April 27, 2016 at the 4th floor, East Wing of the DBP Head Office. Father Elias Manlangit, OFM, officiated the blessing.
Read more: DLC Holds Blessing Of Its New And Expanded Office
DBP Leasing Corp. welcomed Danilo T. Reyes, as its new OIC/President and CEO. Mr. Reyes brings to DLC more than thirty (30) years of leasing and finance experience. Prior to his present appointment, Mr. Reyes was formerly the president of BPI Leasing Corporation and a past president of the Philippine Finance Association.
Reflecting their confidence in DBP Leasing Corp. various banks approved P 950 million in total credit facilities comprising of term loans and short-term credit lines.
Development Bank of the Philippines infused on June 17, 2014 an additional P 280 million in common stock subscription and another P 120 million last January 22, 2015 boosting DBP Leasing Corp.’s paid up common stock from P 600 million to P 1 Billion.
