Company Name: Development Bank of the Philippines
Company Owner: Cecilia C. Borromeo
Company Address: Sen. Gil J. Puyat Avenue corner Makati Avenue, Makati City, Philippines
Official Contact #: 63 2 818 9511
Company Website: https://www.devbnkphl.com/
Company Facebook: https://www.facebook.com/pages/category/Finance-Company/Development-Bank-of-the-Philippines-Head-Office-215766761802193/
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Contact #:
Product/Services: Banking Services
Corporate Social Responsibility
DBP Endowment for Education Program (DEEP)
The DEEP is a Corporate Social Responsibility (CSR) project that supports the best and brightest high school graduates from indigent families.
Eligible Partners
Scholars: From the top 20% of their High School (for degree courses only) graduating class with annual family income of not more than P150,000.
Schools: CHED/TESDA accredited public, private schools and training centers with track record in licensure exams, strong tie-ups with reputable manning/job placement agencies.
Principals/employers/manning companies in search of a continuing supply of top-caliber and highly qualified manpower support for their business operations.
Terms and Conditions
Formal expression of commitment to abide by the DEEP policies and guidelines as provided in the DEEP MOA and Scholarship Contract
Expected Benefits
- Continuing access to education as a mode to redeem families out of the vicious cycle of poverty
- Sustained wealth creation from a highly motivated and productive citizenry
- Values formation and moral regeneration
- Capacity building and strengthening of educational institutions thru judicious use and application of the DEEP endowment fund
- Continuing improvement in the education sector’s standards, processes, facilities, services
- Adequate and continuing supply of qualified professionals and skilled manpower for domestic and global job market requirements
- Enhancement of the country’s earning potential from remittances of overseas Filipinos
- Empowerment of program beneficiaries to become productive global citizens, poverty reduction, wealth creation, improvement of living conditions for the greater well being of all Filipinos
DBP Forest Program
The DBP Forest Program is an initiative of the Development Bank of the Philippines primarily to protect the country’s critical watersheds and coastal areas and at the same time, enhance protection of the environment. Implemented in 2005, open forest areas are selected for planting of high value fruit and forest trees and mangroves that will reduce soil / coastal erosion, conserve water, increase biodiversity, serve as spawning ground for fishes and crustaceans, serve as protection against strong wave incursion, and promote rural livelihood opportunities.
Eligible Partners
Peoples' Organizations
LGUs
State Universities and Colleges
Other government agencies which have large forest areas under their management
Terms and Conditions
Project area within critical watershed areas/ river basins and areas needing rehabilitation/reforestation
Urban Park / communities and typhoon stricken area/s
Project sites have slope of 18% and above
Not to be subjected to land use change
Areas proven to be compatible with certain high value fruit trees
Accessible to allow easy bringing in of planting stocks and to facilitate monitoring and bringing of produce to markets
Partner has tenurial control over the project area
Rehabilitation of existing forest project sites of good standing forest partners/successfully implemented projects
Expected Benefits
Improved environmental conditions:
Reduced soil/ coastal erosion
Water conservation
Increased biodiversity
Protected communities from typhoon and tsunami
Improved socio-economic condition of people in communities/ livelihood opportunities
Allowable Area
For Upland – 50 to 200 has.
For Mangrove – 10 to 100 has.
Assistance to be given by DBP
100% cost of planting stocks (PS)
40% of cost of PS for operating expenses
10% of cost of PS for mortality
10% of cost of PS for livelihood (planting of intercrops)
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