• The Next DBP President will play a bigger role in infrastructure finance.

    Mr. Michael O. De Jesus, the new president and CEO of the state-owned Development Bank of the Philippines (DBP), said that DBP plans to collaborate closely with the National Government to expand the country’s infrastructure development program to boost the competitiveness of the local economy. A senior and experienced banker, Mr. De Jesus promises to strengthen and expand the Bank’s engagement in infrastructure funding to help the country maintain its expanding pace.

    De Jesus, an American-educated and trained banker with extensive experience in corporate banking and finance, was a senior executive at many top-tier universal banks in the country before he got the nomination to be the ninth DBP President and CEO. DBP is the country’s eighth-largest bank by assets and provides finance to four critical sectors of the economy: infrastructure and logistics, micro, small, and medium businesses, the environment, and social services and community development. It has a network of 146 branches and branch-lite units, many of which are located in outlying and underserved regions.

    DBP will continue to invest in high-growth businesses like telecommunications and public infrastructure, and those that assist food security, agricultural modernization, renewable energy, and economic inclusion, according to De Jesus. He also claimed that DBP would look at digitization to increase customer touch points and client engagement.

    January 31, 2023
  • Pag-IBIG wponsored 18,657 houses for low-wage workers in 2022.

    The Pag-IBIG Fund’s Affordable Housing Scheme is a one-of-a-kind house financing program that caters to members earning less than P15,000 per month in the NCR and less than P12,000 per month outside the NCR. Last year, socialized housing accounted for 18% of the 105,212 dwellings sponsored by the agency. The entire amount granted for socialized housing loans contributed 7%, or P8.28 billion, of the overall loan amount of P117.85 billion.
    The Pag-IBIG Fund continues to provide low-income members with the option to acquire a home through the Pag-IBIG Affordable Housing Program. This highlights the company’s strong commitment to promoting inclusive growth by continuing to provide affordable home loans to Filipino employees in underserved industries.

    January 31, 2023
  • Perbadanan Nasional Berhad (Pernas) announces its expansion plan for 2023

    Perbadanan Nasional Berhad (Pernas) announced that 16 Gloria Jean’s Coffees locations would be opened in Malaysia in 2023 to enhance franchising opportunities. Pernas, established by Malaysia’s Ministry of Finance in 1969 to explore franchising opportunities in the nation, will invest RM 8 million ($1.9 million) in the expansion, which will target shopping center locations and its first drive-thru store. The Kuala Lumpur-based firm presently has 44 Gloria Jean’s Coffee locations around Malaysia, the most recent of which is at the University Putra Malaysia Teaching Hospital in Serdang.

    Gloria Jean’s Coffees entered the Malaysian market in 2006 through Pernas’ subsidiary Wonderful Lifestyle Sdn Bhd. The coffee chain is also present in Myanmar and Brunei. Gloria Jean’s Coffees was founded in Illinois, USA, and is based in Sydney, Australia. The company has over 890 franchised outlets in over 40 countries worldwide. According to World Coffee Portal, the Malaysian branded coffee shop industry will have 2,750 outlets by 2025.

    Several major coffee brands, including Starbucks and The Coffee Bean & Tea Leaf, have recently announced intentions to expand across Malaysia by 2023, aiming to add 40 new locations to reach 400 and 180, respectively. Meanwhile, Kopi Kenangan of Indonesia opened its first international store in Malaysia in October 2022, while Paris Baguette debuted in Malaysia in January.

    January 27, 2023
  • ADFIAP joins WFDFI 2023 BOG meeting

    ADFIAP Secretary-General, Enrique Florencio, joins fellow Secretaries-General at the Board of Governors Meeting of the World Federation of Development Financing Institutions (WFDFI) on Thursday, January 12, 2023, via zoom

    January 17, 2023
  • ADFIAP Institute re-launches Credentialing Programme

    The ADFIAP Institute is pleased to announce that the ADFIAP Career Credentialing Programme now offers the Certified Development Bank Associate (CDBA) and Certified Development Bank Executive (CDBE) credentials to development bank professionals and young professionals working in any financial institutions. 

    December 31, 2022
  • ADFIAP hosts Pacific Islands Development Bank

    From L-R: Arlene Orencia (AC); Cecilia Ibarra (AC); Cora Conde (AC); Lindsay Timarong (PIDB); Enrique Florencio, SG; Sandra Honrado (Group Head); John Alianza (Group Head) Makati City, Nov. 14, 2022: ADFIAP Secretariat represented by its Secretary General, Mr. Enrique Florencio welcomes its Guam-based member Pacific Islands Development Bank, represented by its President and CEO, Ms.

    November 14, 2022
  • The Next DBP President will play a bigger role in infrastructure finance.

    Mr. Michael O. De Jesus, the new president and CEO of the state-owned Development Bank of the Philippines (DBP), said that DBP plans to collaborate closely with the National Government to expand the country’s infrastructure development program to boost the competitiveness of the local economy. A senior and experienced banker, Mr. De Jesus promises to strengthen and expand the Bank’s engagement in infrastructure funding to help the country maintain its expanding pace.

    De Jesus, an American-educated and trained banker with extensive experience in corporate banking and finance, was a senior executive at many top-tier universal banks in the country before he got the nomination to be the ninth DBP President and CEO. DBP is the country’s eighth-largest bank by assets and provides finance to four critical sectors of the economy: infrastructure and logistics, micro, small, and medium businesses, the environment, and social services and community development. It has a network of 146 branches and branch-lite units, many of which are located in outlying and underserved regions.

    DBP will continue to invest in high-growth businesses like telecommunications and public infrastructure, and those that assist food security, agricultural modernization, renewable energy, and economic inclusion, according to De Jesus. He also claimed that DBP would look at digitization to increase customer touch points and client engagement.

    January 31, 2023
  • Pag-IBIG wponsored 18,657 houses for low-wage workers in 2022.

    The Pag-IBIG Fund’s Affordable Housing Scheme is a one-of-a-kind house financing program that caters to members earning less than P15,000 per month in the NCR and less than P12,000 per month outside the NCR. Last year, socialized housing accounted for 18% of the 105,212 dwellings sponsored by the agency. The entire amount granted for socialized housing loans contributed 7%, or P8.28 billion, of the overall loan amount of P117.85 billion.
    The Pag-IBIG Fund continues to provide low-income members with the option to acquire a home through the Pag-IBIG Affordable Housing Program. This highlights the company’s strong commitment to promoting inclusive growth by continuing to provide affordable home loans to Filipino employees in underserved industries.

    January 31, 2023
  • Perbadanan Nasional Berhad (Pernas) announces its expansion plan for 2023

    Perbadanan Nasional Berhad (Pernas) announced that 16 Gloria Jean’s Coffees locations would be opened in Malaysia in 2023 to enhance franchising opportunities. Pernas, established by Malaysia’s Ministry of Finance in 1969 to explore franchising opportunities in the nation, will invest RM 8 million ($1.9 million) in the expansion, which will target shopping center locations and its first drive-thru store. The Kuala Lumpur-based firm presently has 44 Gloria Jean’s Coffee locations around Malaysia, the most recent of which is at the University Putra Malaysia Teaching Hospital in Serdang.

    Gloria Jean’s Coffees entered the Malaysian market in 2006 through Pernas’ subsidiary Wonderful Lifestyle Sdn Bhd. The coffee chain is also present in Myanmar and Brunei. Gloria Jean’s Coffees was founded in Illinois, USA, and is based in Sydney, Australia. The company has over 890 franchised outlets in over 40 countries worldwide. According to World Coffee Portal, the Malaysian branded coffee shop industry will have 2,750 outlets by 2025.

    Several major coffee brands, including Starbucks and The Coffee Bean & Tea Leaf, have recently announced intentions to expand across Malaysia by 2023, aiming to add 40 new locations to reach 400 and 180, respectively. Meanwhile, Kopi Kenangan of Indonesia opened its first international store in Malaysia in October 2022, while Paris Baguette debuted in Malaysia in January.

    January 27, 2023
  • DBM supports SME development

    The Development Bank of Mongolia (DBM) has been supporting the Mongolian Government’s program on advancing small and medium enterprises (SMEs). The DBM has been providing soft loans for the purpose of enhancing factory capacity of the SMEs which will expand their scope, generate employment, uplift standard of living, and help in the economic development of

    March 31, 2017
  • Vnesheconombank pushes high-tech, infra projects via partnership

    Russia’s Vnesheconombank and Renova Group of Companies JSC signed a cooperation agreement during the Russian Investment Forum in Sochi, Russia, to work on financing high-tech, innovations and investments in disruptive technologies, including projects aimed at developing digital economy, industry 4.0, blockchain, and neurotechnologies. Both parties are going to pay special attention to supporting export of

    March 31, 2017
  • DBJ offers “green” financing & certification program

    The Development Bank of Japan (DBJ) offers “DBJ Green Building Certification” in order to support its customers who own or operate real estate properties with high environmental and social awareness. Based on its comprehensive evaluation system, which includes not only an environmental perspective but also a social one (owner response to social needs of the

    May 2, 2014

Upcoming Events

  • International Seminar-workshop on Risk-Based Financial Analysis & Loan Packaging of Development Projects

    RATIONALE The age of digitalization has downplayed the importance of understanding the relationship of various financial data missing out the details on how to properly analyze these and arrive at conclusions on what the project actually needs, when it needs it and if repayment can actually be made. This training will allow the participant to

    January 12, 2023
  • International Seminar-Workshop on Strategic Compliance: Powering Business Continuity

    INTRODUCTION: International and local laws, rules and regulations, including internal policies and procedures exist for good reasons. The adoption and effective implementation of a strategic compliance management program helps everyone in an organization to fully understand and appreciate the value of compliance to identify and manage risks at their respective levels to attain business goals,

    January 12, 2023
  • Fellow In Development Finance (Seminar-Workshop for CEOs, Board Members, and other Senior Executive Officers )

    RATIONALE & OBJECTIVES The Fellow in Development Finance (FDF) is Level 3 of the ADFIAP Career Credentialing Program (ACCP). It aims to enhance the managerial capabilities of CEOs and senior officials belonging to the upper management level of development banks and other development financing institutions. The Seminar-Workshop is devoted to the nature of development financing

    January 12, 2023
  • 46th ADFIAP Annual Meetings

    The ADFIAP Annual Meetings is the largest gathering of CEOs, Board Members, and Senior Officials from ADFIAP member-institutions from countries and territories in Asia Pacific as well as representatives from ADFIAP’s institutional partners and network. This year, the 46th ADFIAP Annual Meetings will be hosted by the ADFIAP Kazakhstan-based member, Eurasian Development Bank and will

    January 12, 2023

Service units

ADFIAP Institute
AC
AFIC

About ADFIAP

ADFIAP is the focal point of all development banks and other financial institutions engaged in the financing of development in the Asia-Pacific region. ADFIAP is the focal point of all development banks and other financial institutions engaged…

Read More

Statement of Vision

Through the provision of development finance services by its members, ADFIAP envisions a future of sustainable economic, environmental and social development…

Statement of Mission

To advance sustainable development by strengthening the development finance function and institutions, enhancing capacity of members and its human…