Advisories
National Disaster Resilience Month 2024. Read here.
Savings Consciousness Week 2024. Read here.
Notice to the Public on Individuals Posing as DBP Employees. Read here.
Advisory on End-of-Quarter System Maintenance on June 30, 2024. Read here.
New Check Design Standards. Read here.

DBP’s Electric Cooperative Loan Take-Out Assistance from PSALM (DELTA-P)

DBP’s Electric Cooperative Loan Take-out Assistance from PSALM (DELTA-P) aims to contribute to the continual improvement of electric cooperatives’ performance through loan take-out from Power Sector Assets and Liabilities Management (PSALM) Corporation in line with efforts to ensure adequate, affordable and reliable supply of electricity.

Eligible Borrowers
Electric Cooperatives (EC) with Restructuring Agreement (RA) or Special Payment Agreement (SPA) with PSALM. The borrower must have a satisfactory record of at least six (6) consecutive payments of the required principal and interest with PSALM.

Eligible Loan Purpose
Finance 100% of outstanding loan with PSALM

Loan Features

1. Loan Amount

• Total obligation at the time of loan take-out

2. Repayment Terms

• Based on cash flow, loan tenor is up to fifteen (15) years, payable in equal monthly amortizations with no grace period on principal
• The loan tenor should not exceed the remaining corporate life of the EC

Program Requirements

Certified True Copy of the following documents:

1. RA or SPA with PSALM

2. PSALM Certification that the EC’s account is classified as current and has established satisfactory record of at least six (6) consecutive payments of the required amortization of principal and interest

3. Latest PSALM Statement of Account

4. EC’s Audited Financial Statements for the past three (3) years

5. EC’s latest Financial Statement

Download Brochure

For more program information, please contact:

Program Development and Management I Department
Tel. Nos.: (02) 8818-9511 local 2340
E-mail: pdm1@dbp.ph

For loan application, you may contact the lending units near you:

Metro Manila Lending Groups

Raquel C. Atienza
Corporate Banking Group
Tel. Nos.: (02) 8812-6536
E-mail: rcatienza@dbp.ph ; cbg@dbp.ph

Lea Vanessa C. Delos Reyes
Corporate Banking I Department
Tel. Nos.: (02) 8893-8940
E-mail: lvccotaz@dbp.ph; cbd1@dbp.ph

Jennifer L. Benedicto
Corporate Banking II Department
Tel. Nos.: (02) 8892-8369
E-mail: jlbenedicto@dbp.ph; cbd2@dbp.ph

Jose B. Jao III
Financial Institutions Department
Tel. Nos.: (02) 8818-9511 loc. 3317
E-mail: jbjao@dbp.ph; fid@dbp.ph

Gerard Boz C. Tungol
Public Sector Department
Tel. Nos.: (02) 8815-0908
E-mail: gbctungol@dbp.ph; psd@dbp.ph

Jeanne D. Adamos
SME Retail and Mid-Market Lending Group
Tel. Nos.: (02) 8893-1177
E-mail: jdadamos@dbp.ph; smermmlg@dbp.ph

Rosanna M. Mina
Middle Market I Department
Tel. Nos.: (02) 8818-9511 loc. 3322
E-mail: rmmina@dbp.ph; mmd1@dbp.ph

Jeanne D. Adamos
Middle Market II Department
Tel. Nos.: (02) 8818-9511 loc. 3313
E-mail: jdadamos@dbp.ph; mmd2@dbp.ph

Myra G. Almogino-Calara
SME (NCR) Department
Tel. Nos.: (02) 8812-9932
E-mail: mgalmogino@dbp.ph; smed@dbp.ph

Provincial Lending Groups

Kindly proceed to this link.

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