The proposed law creates a new charter for the Development Bank of the Philippines, giving it a larger capital base, a mix of government‑owned common shares and publicly offered preferred shares, and a nine‑member board to guide its lending to infrastructure, small businesses, digital projects, and social services while keeping the bank financially sound.
Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.
Printed from CivicSync PH: https://civicsync-ph-gamma.vercel.app/bills/HB05828. Status changes over time; check the link for the latest.
HB05828 · Sources: BatasWatch
Status history
No changes since we started checking daily on Oct 4, 2026.
Status via BatasWatch (independent source)
Similar in what they’d do, filed by any lawmaker.