Competition
DBP competes in bank marketing against the largest commercial banks such as Metrobank, BPI, BDO Universal Bank and Philippine National Bank. Outside the Metro Manila area, depending on the situation, it either competes against or complements the other banks in the area.
On the other end of the spectrum, DBP takes on a dual role with Landbank, another government-owned bank. It either competes against or works with Landbank, as the need arises.
Read more about this topic: Development Bank Of The Philippines
Famous quotes containing the word competition:
“Sisters define their rivalry in terms of competition for the gold cup of parental love. It is never perceived as a cup which runneth over, rather a finite vessel from which the more one sister drinks, the less is left for the others.”
—Elizabeth Fishel (20th century)
“Like many businessmen of genius he learned that free competition was wasteful, monopoly efficient. And so he simply set about achieving that efficient monopoly.”
—Mario Puzo (b. 1920)
“So long as the system of competition in the production and exchange of the means of life goes on, the degradation of the arts will go on; and if that system is to last for ever, then art is doomed, and will surely die; that is to say, civilization will die.”
—William Morris (1834–1896)