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A national development bank is a development bank created by a country's government that provides financing for the purposes of economic development of the country. Africa [ edit ]
The Development Bank of the Philippines (DBP) is a state-owned development bank headquartered in Makati, Philippines. It is primarily tasked to provide banking services to cater to the needs of agricultural and industrial enterprises. [4] It has 146 branches including 14 branch lite units. [5]
Land Bank of the Philippines (LBP; often referred to simply as LandBank), is a government-owned bank in the Philippines with a special focus on serving the needs of farmers and fishermen. While it provides the services of a universal bank , it is officially classified as a "specialized government bank" with a universal banking license.
During the mid and late 1980's, Nigeria experienced a prolonged and severe economic downturn. Nigeria suffered a rapid plummet of its foreign reserves from $10 billion in early 1980s to approximately $1 billion in the mid 1980s due to overvalued currency, inflated imports, and international decline of oil prices. [4]
However, in 2012, DBP announced that it intended to divest itself of the bank, since it does not have the expertise to handle an Islamic financial institution. [ 4 ] In 2015, Al-Amanah opened its first branch outside of Mindanao, the southern island region of the Philippines where it is primarily located.
Development Bank of the Philippines; Dewan Bahasa dan Pustaka, a government body responsible for coordinating the use of the Malay language in Malaysia; Language and Literature Bureau (Malay: Dewan Bahasa dan Pustaka), the official Malay-language regulator and public libraries operator in Brunei
The Anglo-Egyptian Bank and the National Bank of South Africa gave birth to Barclays Bank in Nigeria. In 1948, the British and French Bank for Commerce and Industry started operations in Nigeria, which metamorphosed into the United Bank for Africa. [3] The first domestic bank In Nigeria was established in 1929 and called the Industrial and ...
This is a list of commercial banks and other credit institutions with in Nigeria, as updated late 2024 by the Central Bank of Nigeria. [ 1 ] List of commercial banks