Advisories
Extended Banking Hours for the 2023 Annual Income Tax Filing Deadline. Read here.
Advisory to the Public Against Vishing Attacks. Read here.
Advisory to the Public Against Illegal Solicitation. Read here.
National Observances for the Month of March. Read here.
Advisory on Clickable Links in E-mails or SMS. 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
Corporate Banking Group

Ma. Lourdes B. Gumba
Corporate Banking Group
Tel. Nos.: (02) 8812-6536
E-mail: mlbgumba@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

Raquel C. Atienza
Corporate Banking II Department
Tel. Nos.: (02) 8892-8369
E-mail: rcatienza@dbp.ph; cbd2@dbp.ph

Suzanne S. Aquino
Financial Institutions Department
Tel. Nos.: (02) 8818-9511 loc. 3317
E-mail: ssaquino@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

Arturo S. Pedregosa
Middle Market I Department
Tel. Nos.: (02) 8818-9511 loc. 3322
E-mail: aspedregosa@dbp.ph; mmd1@dbp.ph

Rowena C. Comprado-Aquino
Middle Market II Department
Tel. Nos.: (02) 8818-9511 loc. 3313
E-mail: rccomprado@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.

Close