DBP lends P760-M for health care facility in Pangasinan
MANILA – State-owned Development Bank of the Philippines (DBP) has signed a term loan agreement amounting to PHP760 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.
DBP lends P760-million for health care facility in Pangasinan
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.
DBP lends P760 million for healthcare facility in Pangasinan
March 18, 2025 - A A + 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 healthcare facilities and boost the operating capacity of its branch in Pangasinan, a top official said.
DBP lends P760M to Pangasinan Hospital.ph
DBP lends P760M to Pangasinan Hospital BY Emmie V. Abadilla Mar 18, 2025 04:36 AM The Development Bank of the Philippines (DBP) signed a P760-million term loan agreement with Allied Care Experts (ACE) Medical Center - Pangasinan, Inc. to boost the hospital chain's capacity.
DBP lends P760M to Pangasinan Hospital – Manila Bulletin
DBP lends P760M to Pangasinan Hospital Published March 18, 2025, 11:36 AM by Emmie V. Abadilla The Development Bank of the Philippines (DBP) signed a P760-million term loan agreement with Allied Care Experts (ACE) Medical Center – Pangasinan, Inc. to boost the hospital chain’s capacity.
- 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.
- Can ACE Medical Center build a hospital in Pangasinan?
- ACE Medical Center, a nationwide network of hospitals, will use the loan to construct a seven-storey hospital building in Pangasinan and acquire 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 is Pangasinan project?
- The project is to improve the bed to population ratio in the Pangasinan area from 1:1,019 to 1:930 while providing first-grade treatment and management for patients with advanced medical equipment and top-notch medical professionals.
