HB 4593
House·20th Congress·Filed Sep 16, 2025
An Act Providing for a New Charter of the Development Bank of the Philippines, Repealing for the Purpose Executive Order No. 81, Otherwise Known as "The 1986 Revised Charter of the Development Bank of the Philippines," as Amended
In plain language
The bill creates a new charter for the Development Bank of the Philippines, raising its capital to ₱300 billion, allowing it to sell shares to the public, and giving it broader powers to fund infrastructure, MSMEs, and social projects while adding ESG requirements.
Public Works and InfrastructureGovernment Administration
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HB04593 · Sources: BetterGov Open Congress, BatasWatch