<P> It is the seventh - largest bank in the Philippines in terms of assets with assets of more than P483 billion as of 2016 . It is the second - largest state - owned bank, next only to Landbank . It is also one of the largest government - owned and controlled corporations (GOCCs) in the Philippines . </P> <P> It has 114 branches and 15 regional marketing centers across the country . </P> <P> Under its charter, DBP is classified as a development bank . It is primarily tasked to provide banking services to cater to the needs of agricultural and industrial enterprises . It may also perform all other functions of a thrift bank . </P> <P> It focuses on four major areas of financing--infrastructure and logistics, social services, small and medium enterprises, and the environment . </P>

What is the function of development bank of the philippines