Present during the signing of the loan agreement were (from left) AWC Chief Financial Officer Kimberley Mira; AWC Director Efrain Pedregosa; AWC Executive Vice President Elizabeth Frances Abejo; AWC Chief Executive Officer/ President Gabino Abejo Jr.; DBP President and Chief Executive Officer Emmanuel Herbosa; and DBP Senior Vice President Sisinio Narisma.
State-owned Development Bank of the Philippines (DBP) has granted a P1.097-Billion term loan to Abejo Waters Corporation (AWC) to finance its various water system projects in the growth areas of Cebu and Southern Luzon, a top official said.