State-owned Development Bank of the Philippines (DBP) is offering up to PHP250,000 in cash prizes to encourage individuals and institutions to increase their monthly average balance.
The DBP on Friday said the aggressive deposit generation campaign “Save 2 Win” is aimed at growing its funding base to support its various lending activities.
“We believe every deposit entrusted to DBP will help strengthen its capacity to finance transformative projects that will support economic growth, create jobs, and improve the lives of communities across the country,” DBP President and Chief Executive Officer Michael de Jesus said.
“We hope to inspire more Filipinos to save not only for achieving their personal financial goals but also for contributing to nation-building and achieving sustainable progress,” he added.
DBP is the tenth largest bank in the country with total assets of PHP1.036 trillion and provides credit support to four priority sectors of the economy— infrastructure and logistics; micro, small and medium enterprises; the environment; and social services and community development.
The official said the campaign is expected to further broaden DBP’s deposit base, which grew by 15.51 percent to PHP413.41 billion in the second quarter of the year, up from PHP357.91 billion in the same period last year.
Save 2 Win runs from July 15 to Dec. 31, 2026, and offers cash prizes of up to PHP250,000 to winning individual depositors and gift certificates to winning institutional depositors.
Eligible participants include both new and existing individual depositors with an active Peso Current Account or Peso Savings Account.
A depositor may earn one raffle entry for every PHP5,000 in incremental average daily balance in their DBP account during the promo period.
The raffle draw will be held on Jan. 8, 2027, where 10 depositors have a chance to win PHP50,000 each.
One grand prize winner will get PHP250,000, while five individuals may win PHP100,000 each.
