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DBP approves P325-M loan for hospital project in Nueva Vizcaya


The Development Bank of the Philippines (DBP) recently approved a P325-million term loan in favor of Salubris, Inc. for the construction of a four-storey hospital, acquisition of modern hospital equipment and facilities, and working capital.

Salubris Medical Center is a 120-bed Level II hospital located in Solano, Nueva Vizcaya.  It aims to be the first medical facility to put up acute stroke and coronary care units and geriatrics center and hospice in Nueva Vizcaya.

Equipped with modern facilities and medical specialists with years of experience in health care service delivery and management, Salubris Medical Center is poised to provide quality yet affordable health care options to residents of the Province as well as those residing in the neighboring provinces in Cagayan Valley and CAR.

Signing the loan documents are (seated, from left): DBP Solano branch head Loreto Marites B. Lilagan; Salubris, Inc. chairman and CEO Dr. Willie A. Damasco; DBP regional marketing center – Northeastern Luzon head Catherine T. Camarao; and Salubris, Inc. corporate treasurer Dr. Julieta Cariaga-Uy. Standing at back are (from left): Salubris, Inc. chief operating officer Deogracias Victor M. Dangilan; Salubris, Inc. VP for hospital operations and service designs Dr. Excelsior G. Valdez; Salubris, Inc. directors Dr. Domingo Remigio and Dr. Marilyn C. Padre; DBP Solano business development officer Imelda F. Eisma; Salubris, Inc. director Albino Francisco D. Danguilan; Salubris, Inc. vice chairman Dr. Jaime L. Venturina; Dr. Justo L. Danguilan; Architect Rogelio Tiongson; and DBP Solano branch operations officer Revenita R. Dulay.