PSE and DBP sign MOA for capital market development initiatives

The Philippine Stock Exchange (PSE) and the Development Bank of the Philippines (DBP) inked a Memorandum of Agreement (MOA) on Monday, April 7, 2014 for capital market development initiatives. Among the areas for cooperation between both parties include the holding of Listing 101 Forums for DBP’s clients and holding market education sessions for DBP employees.

“The Exchange is one with DBP’s vision of becoming a catalyst for a more progressive Philippines and the capital market is certainly one of the main engines of growth for our economy. We hope that sooner than later, DBP’s clients, especially Small, Medium and Emerging companies, will include listing at the Exchange as one of their major plans,” PSE Chairman Jose T. Pardo said in his speech during the closing bell ceremony to mark the event.

Shown in the photo are: (L-R) DBP Chairman Jose A. Nuñez, Jr.; DBP President and CEO Gil A. Buenaventura; PSE Chairman Jose T. Pardo; PSE President Hans B. Sicat and PSE Director Alejandro Yu.