SB 584
Senate·20th Congress·Filed Jul 14, 2025
The New Development Bank of the Philippines (Dbp) Act
An Act Providing for a New Charter of the Development Bank of the Philippines/ Repealing for the Purpose Executive Order No. 81, as Amended
In plain language
The proposal rewrites DBP’s charter, raises its capital to ₱300 billion, lets it sell shares (including a possible IPO), and gives it broader powers to lend for infrastructure, MSMEs and social projects while keeping the government as the majority owner.
Public Order and SafetyBusiness, Trade and IndustryGovernment Administration
Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.
Author · Senator
Subjects
Development Bank of the Philippines (DBP)
Official sources
Spot something wrong?
Printed from CivicSync PH: https://civicsync-ph-gamma.vercel.app/bills/SBN-584. Status changes over time; check the link for the latest.
SBN-584 · Sources: BetterGov Open Congress, BatasWatch