MANILA, Philippines — The Development Bank of the Philippines (DBP) is stepping up safeguards when handling government transactions, vowing closer scrutiny of cash withdrawals as a flood control probe widens.

DBP president and chief executive Michael de Jesus said the state-run lender had moved to shore up safeguards at front-line units that handle government transactions.
https://business.inquirer.net/550611/dbp-tightens-scrutiny-of-cash-withdrawals