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Cebu opens first DBP branch

Cebu opens its first-ever branch-lite unit of the Development Bank of the Philippines (DBP), in Naga City, southern Cebu on April 10, 2026. DBP Chairman Philip G. Lo said the move reflected the bank’s commitment to expand inclusive and customer-centered financial services, and support local economic growth in fast-developing areas like Naga City. Savings accounts may be opened for as low as P500, while youth accounts can start at P100. The launch was attended by Cebu Gov. Pamela Baricuatro, Naga City Mayor Valdemar Chiong, and local government representatives.

VIDEO BY KAISER JAN FUENTES

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00:00Okay, ready for it? 3, 2, 1...
00:30Okay, ready for it?
00:35Okay, ready for it?
00:37Wow!
00:43Okay, ready for it?
00:48Okay, ready for it?
01:13Thank you so much.
01:14of Southern Cebu. The city of Naga is host to a diverse range of industrial and commercial
01:22enterprises, all of which contribute significantly to both regional and national economic growth.
01:33As formally opened our doors to our valued clients and potential customers,
01:40Naya also expressed our firm result that DBP would tangibly contribute to the economic rise of Naga.
01:50Even as we continue both to wrap up the Pact support initiative that will further increase the competitiveness
01:59of the city and ultimately improve the plight of our ordinary Cebuano.
02:15Thank you for joining us.
02:38We'll see you next time.
02:38We'll see you next time.
02:39We'll see you next time.
02:39We'll see you next time.
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