DBP lends P760-million for health care facility in Pangasinan

  • DBP lends P760-million for health care facility in Pangasinan
  • DBP lends P760-million for health care facility in Pangasinan
  • DBP lends P760-million for health care facility in Pangasinan
  • Why did DBP sign a term loan agreement with Pangasinan hospital?
  • State-owned Development Bank of the Philippines (DBP) has signed a term loan agreement amounting to P760-million with a renowned hospital chain to enhance the health care facilities and boost the operating capacity of its branch in Pangasinan, a top official said.
  • Will DBP finance ACE Medical Center – Pangasinan?
  • DBP President and Chief Executive Officer Emmanuel G. Herbosa said that the bank’s credit assistance to Allied Care Experts (ACE) Medical Center – Pangasinan, Inc. would be used to partially finance the construction of a seven-storey hospital building, and for the acquisition of various medical machinery and equipment.
  • Will DBP help ACE Medical Center-Pangasinan build a hospital?
  • In a statement Thursday, DBP president and chief executive officer Emmanuel Herbosa said the bank’s credit assistance to Allied Care Experts (ACE) Medical Center-Pangasinan, Inc. would be used to partially finance the construction of a seven-storey hospital building, and for the acquisition of various medical machinery and equipment.
  • How many branches does DBP have?
  • The company now operates nine branches across the country. “DBP would continue to support initiatives that improve the delivery of quality health care services to our countrymen,” says DBP President and Chief Executive Officer Emmanuel G. Herbosa.
  • Who will benefit from Dagupan Medical Center?
  • DBP Executive Vice President for Development Lending Jose Gabino D. Dimayuga said the 102-bed medical center is expected to benefit the residents of Dagupan City, and the nearby municipalities of Lingayen, Binmaley, Calasiao, Mangaldan, Manaoag, Mapandan, San Fabian, San Jacinto, and Santa Barbara with a total population of about 700,000.
  • What does DBP do?
  • DBP is the seventh largest bank in the country in terms of assets and provides credit support to four strategic sectors of the economy – infrastructure and logistics; micro, small and medium enterprises; social services and community development; and the environment.

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