Ownership 99.9% Development Bank of the Philippines
Mandate To become a full Islamic Bank and afford Filipinos of the blessings and benefits of Islamic banking, financing and investment. To be competitive and significant in the banking industry. To become a key-player in the global Islamic banking and investment market. Participate in all phases of development especially in the ARMM and Mindanao. To serve as arm of the Government in addressing poverty alleviation especially in Muslim Filipino communities across the country by delivering them the goodwill and simplistic Islamic banking and financing that are responsive, sensitive and suitable to their way of life. To equip Muslim Filipinos with Islamic banking and financial education that can help them improve their economic condition and make them a significant economic force of the nation. read more
Summary Providing temporary payment relief to business and individual clients through the implementation of payment moratoriums and fee reductions.