In the Philippines, a government-owned and controlled corporation, sometimes with an "and/or", is a state-owned enterprise that conducts both commercial and non-commercial activity. Examples of the la
2014 operation subsidies and program funds that GOCCs received from the national government
The Development Bank of the Philippines is a government-owned development bank headquartered in Makati, Philippines. It is primarily tasked to provide banking services to cater to the needs of agricul
Government-owned and controlled corporation
…billion); Power Sector Assets and Liabilities Management Corporation (PSALM, ₱2 billion); Bases Conversion Development Authority (BCDA, ₱2.30 billion); Development Bank of the Philippines (DBP, ₱3.16 billion); and Land Bank of the Philippines (LBP, ₱6.24 billion). Under Republic Act No. 7656, all GOCCs are required to "declare and remit…
DBP Head Office at Gil Puyat Avenue corner Makati Avenue, Makati
A DBP branch in San Fernando, La Union
A DBP branch in Virac, Catanduanes