[Vantage Point] DBP’s bad loans: The failures behind the billions
The Commission on Audit has uncovered serious deficiencies in state-owned DBP’s lending practices, credit safeguards, and recovery procedures
The Commission on Audit has uncovered serious deficiencies in state-owned DBP’s lending practices, credit safeguards, and recovery procedures
Meant to support the former president’s Build, Build, Build drive, DBP’s ICONS program instead left the bank with P4.09 billion in overdue contractor loans