Development Bank of the Philippines in Cebu City, Central Visayas
Capital of Cebu and headquarters of M Lhuillier Financial Services. Two documented robbery incidents at M Lhuillier branches in Naga, Cebu (June 2013) and a ₱5M jewelry heist on M Lhuillier managers near Mactan airport (April 2011) are part of the public record.
About Development Bank of the Philippines
Government-owned development bank created under Executive Order 81. BSP-supervised. Offers deposits, development and consumer loans, home financing, and trust services, with a mandate to finance infrastructure and priority sectors alongside general banking. As a BSP-supervised bank it operates a Financial Consumer Protection Assistance Mechanism (FCPAM) under RA 11765 and falls under the BSP Consumer Assistance Mechanism (CAM). Common consumer matters include release of the Cancellation of Real Estate Mortgage on paid-off loans.
National coverage caveat: Development Bank of the Philippines's presence in Cebu City is documented at the national / multi-branch level. Branch-specific addresses should be verified on the company's directory before transacting.
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