State-owned Development Bank of the Philippines (DBP) opened a Branch Lite Unit in Pozorrubio, Pangasinan, on September 26 to bring banking services closer to residents in underserved areas.

The new mini-branch is located in the town’s Community Building and is the first of its kind in the province, which already has regular DBP branches in Dagupan and Urdaneta City.

The new branch offers essential services including deposits, withdrawals, loan applications, and financial advisory.

It aims to serve residents, farmers, micro, small, and medium enterprises (MSMEs), and beneficiaries of local government programmes in Pozorrubio and neighbouring towns.

DBP First Vice President Maria Dolores Guevara noted that Pozorrubio previously had only one commercial bank. She stated that DBP is bringing a government bank closer to the community to promote financial inclusion and drive development through business, employment, education, and social services.

Local officials and residents welcomed the new facility. Pozorrubio Mayor Kelvin Chan said the branch will provide faster and easier access to banking, noting that previously the local government had to manage its accounts in other towns.

Featured image by Philippine Information Agency.