Development Bank of the Philippines in Davao City, Davao Region
Largest city by land area in the Philippines. Cited in BIR's March 2022 list of unregistered Global Mobility Service branches that were padlocked for tax-registration violations under Section 236 of the NIRC.
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 Davao 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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