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  DBP Supports First Cancer Institute in Western Visayas
February 09, 2018

DBP recently approved a P259-million term loan to Medicus Cancer Institute Inc. to address the unserved demand and provide better cancer treatment options in Western Visayas.

President and Chief Executive Officer Cecilia C. Borromeo said the loan facility reflects the Bank’s renewed commitment to bolster its support for social services, particularly in enhancing health care services in the provinces.

“DBP remains committed to expanding financial support to health care institutions such as Medicus Cancer Institute through our loan programs to improve access to quality and affordable health care services to all Filipinos,” President Borromeo said.

Medicus Cancer Institute Inc., located in San Rafael, Mandurriao, Iloilo City, is the pioneer in the region to operate the first advanced radiation treatment facility using the Varian Clinac CX Accelerator which is considered as an effective and reliable cancer treatment option. At present, the facility is only available in Manila, South Luzon, Cebu, Davao and Cagayan de Oro.

Based on the 2010 Philippine Health Statistics by the Department of Health, cancer is the third leading cause of death among Filipinos. In Western Visayas, there were 241 cancer cases recorded per 100,000 residents or 0.24% of the population. With the rising population in the province, the existing cancer facilities cannot cope with both the present and potential demand. Presently, cancer patients from Western Visayas have to seek treatment in Cebu and Manila which further makes the treatment costly.


 
NEWS UPDATES
 

DBP wins award for promoting countryside development
October 23, 2018

DBP partners with Metrobank Card for e-payment of real property tax
October 12, 2018

DBP bankrolls Cebu skyscrapers
October 08, 2018

DBP boosts CSR initiatives with P500 million scholarship, Palawan Reforestation project
September 21, 2018

DBP extends P2-B assistance for relending to uniformed personnel
September 14, 2018

DBP net income rises 4% in first half of 2018
September 07, 2018

DBP installs first ATMs in unbanked island in Romblon
August 29, 2018

DBP inks P2 billion loan deal with RE firm
August 24, 2018

DBP funds low-cost housing project in Batangas
August 02, 2018

DBP extends P1.7-billion to Cabanatuan infra projects
July 24, 2018

 
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