Public Square
DBP backs pioneering Cavite hospital

THE Development Bank of the Philippines (DBP) granted P400-million funding support for the construction of the first and only Level 2 hospital in General Mariano Alvarez (GMA), Cavite to improve delivery of critical health care services amid residents' rising health care demand.

DBP President and CEO Michael de Jesus said the credit assistance to Healthstar Hospital and Medical Center‐GMA Inc. (HHMCI) under the bank's Strategic Healthcare Investments for Enhanced Lending and Development (Shield) is part of the continuing commitment to extend credit support to broaden the capacity of health care providers in the country. 'We are looking forward to working with more development partners in providing accessible and quality health care services to Filipinos,' said de Jesus.

During the loan signing are (seated from left) HHMCI representative Lucita Maybituin-Subia, HHMCI Dr. Marissa Santiago, HHMCI President Atty. Glenn Subia, HHMCI Chairman Dr. Jose Santiago Jr., DBP SVP Daniel Gonzales, DBP AVP Brian Niño Juniller, and DBP manager Jian April Parker; (standing from left) DBP account officer assistant Chucklyn Retonel, HHMCI Arch. Mohammad Yasin Badr, HHMCI representative Emmanuel Gamez, HHMCI Dr. Lany Gabilo, HHMCI Dr. Myla Corazon Arcena, HHMCI Dr. Fely Arcena, and DBP assistant manager Jennelyn Gamay. CONTRIBUTED PHOTO