Building Partnerships, Improving Lives 1 DBP is Now on Facebook 5 CONTENTS DBP Increases Loans to Priority Sectors 6 DBP Honored for 8 Development Initiatives DBP Hailed Best Workforce 12 42 Beyond Farming: Nueva Ecija Paves the Way for Progress in the North DBP Expands ATM Services to Underbanked 13 Romblon and Palawan Areas 45 DBP-funded Modern Poultry Project Opens in Camarines Norte Towards Lasting Peace and Progress 14 in Mindanao 46 Growing Bananas Liangan Power Corporation: Advocating 16 Energy Sustainability in Mindanao 49 DBP Rolls Out Governance Circles DBP Introduces E2Save 19 50 DBP RISE Banks on the Youth For Energy Effi ciency Shade’s Out, the Future’s Bright 20 NEWS ROUND-UP Revolutionizing Palawan’s Energy Future 22 52 DBP-Backed Infra Projects to Boost Supreme Power Corporation 26 Economic Activity in Tuguegarao City Powering Up Community Development 53 DBP Seals Pact with Isabela LGU, Fintech Are You a Borrower of DBP 28 Firm to Benefi t Local Farmers or Other Financial Institutions? 54 DBP-Funded Infra Projects to Rise in Ilocos Norte DBP’s Maiden ASEAN Sustainability Bonds 29 Raised P18.125-B on PDEx 55 DBP Supports Paraaque City Student Assistance Program ULAT DBP: A Report on DBP’s 30 3rd Quarter 2019 Performance 56 DBP Pumps Up Cavite Digitalization Efforts Building Roads, Redefi ning Progress 36 57 DBP Joins Global Movement for Responsible Banking Apo Agua Infrastructure, Inc.: 40 Delivering Safe and Sustainable Water 58 Pasko sa DBP EDITORIAL STAFF ABOUT THE COVER The Development Bank of the Philippines works Zandro Carlos P. Sison together with strategic development partners such Editor-in-Chief as industry and businesses, fi nancial institutions, rural banks, local government units, national government Criselda V. Codera Rolando L. Carcamo agencies and non-government organizations to fulfi ll Marianne P. Garcia Ruth Desiree V. Zabala its developmental mission for the benefi t of more and Editors Creatives more Filipinos. Jayvee P. Cortez Rodolfo D. Castro Maria Niecel B. Fullido Lyndon A. Joson Alni Dorothy Alfa R. Emphasis Photographers Edille Anne Z. Reyes Ma. Bernadette D. Zamora Writers The DBP Development Banker magazine is published quarterly by the Corporate Affairs Department of the Development Bank of the Philippines with address at the Ground loor, DBP ead ffi ce building, en. il Puyat Avenue corner akati Avenue, akati ity. Telephone Number: 8815 - 0904 E-mail infodbp.ph Articles in this publication may be uoted or reprinted provided acknowledgment of source shall be stated. Building Partnerships, Improving Lives Ecerpts from the speech of DBP President and E Emmanuel . erbosa at the Rural Bankers Association of the Philippines 62nd Charter Anniversary Symposium 7 November 2019 | Pandanggo Polkabal Ballroom, anila otel n a time when everyone in the banking This brings me to the theme of our session sector is talking about the noble goal -- “Building Partnerships: Improving Lives” which of promoting fi nancial inclusion in the I believe aptly describes what we in the DBP countryside, I believe that the role of rural have been doing all along, all through our 72 banks has never been more critical. After years as a development fi nancial institution. Iall, you (rural banks) know the market in the Over the years, DBP has relied heavily on its countryside. You provide credit to primary food partnerships with other stakeholders in pursuit of producers such as farmers, fi sherfolk and small its developmental mission -- to the point that businesses that commonly belong to the most the acronym of the name of our bank, DBP, marginalized sectors of the economy. And we in can also mean Development By Partnership. the DBP would want to tap on that unique value Without the support of our strategic partners proposition of yours to achieve our common like rural banks, other government agencies, goal of promoting fi nancial inclusivity. and the private sector, DBP cannot effectively DBP DEVELOPMENT BANKER | July - December 2019 1 fulfi ll its role as a catalyst for a progressive and prosperous Isabela governor Rodito T. Albano III (middle) hands over a DBP PayMaya ID to a Philippines. farmer. Also in photo are DBP president and chief eecutive offi cer Emmanuel G. Let me zero in on the word Herbosa (right) and Isabela vice governor Faustino Dy III (second from right). ‘catalyst’ which we use to pertain to any individual or party causing change. A catalyst can cause change by itself; but imagine how fast that change can be when the catalyst works with others? Agribusiness Financing ur latest fi nancing initiative for the rice farmers in Isabela shows how working with different stakeholders can spark change. e are taking a holistic approach in agricultural fi nancing not only by providing fi nancing for the farmers, but also by tapping government institutions to provide facilitation and technical assistance and initiating linkages of the farmers to the off-takers. This project also provides the blueprint on how DBP and rural banks can work together. Called the Agribusiness Financing Program, this puts you, the rural banks, at the forefront of lending to individual farmers for production loans. ou will be working side by side with us cigarettes, barley, and native tobacco. ee in promoting value chain coordination and related story on page . cooperation. It should improve the overall productivity of As you can see in our business model, our farmers and open possible entrepreneurial farmer-borrowers will have to approach our endeavors through available technology. partner-rural banks in sabela. hese rural banks Our hope is that in the future, these farmers will handle the loan evaluation, approval, and will eventually become depositors and release. hey will also send a list of approved entrepreneurs. loan applications to the farmers’ cooperative or The Agribusiness Financing Program buyers. can provide you, the rural banks, with the Our job will be to provide the working opportunity to sustain your strong position over capital for palay procurement of farmers’ the agri-lending market. e will rely on your cooperatives. he farmers’ cooperatives, knowledge of farmers and their cooperatives to meanwhile, will buy palay from members/ move this program forward. n short, you can be farmers and credit the payment to the farmers, our valuable partners in this endeavor. net of loan amortization, to rural banks. hey will Aside from lending to farmers and fi sherfolk, also send remittance reports to our partner-rural there are other areas of cooperation that we banks and sell the rice to the off-takers like the can eplore. local government units and the Department of We should all remember the government Agriculture. is the largest generator of fund transfers – his fi nancing program leverages the power conditional tax transfers, tax payments, and of digital fi nancial services in promoting inclusive other miscellaneous fees. As a government growth in the countryside and subsequently, fi nancial institution, it is DBP’s ob to create the alleviating the plight of the farmers. most effi cient channel to effect such inward and A few weeks ago, we issued DBP PayMaya outward transfer. A identifi cation cards to rice and tobacco In addition, we can talk about working farmers who belong to the Nagkaisang together so that large corporations have a Magsasaka ng Isabela Agricultural Cooperative nationwide collections and payment network for or A. hrough these A cards, the insurance premiums, tuition payments, among farmers will be able to receive their proceeds others. e can also eplore the possibility of of the excise taxes from locally-manufactured using the network to create larger participation 2 DBP DEVELOPMENT BANKER | July - December 2019 DBP fi nances the acquisition of modern energy- effi cient and environment-friendly passenger utility vehicles through its PASADA program. hrough the DBP PAADA program jeepney drivers are integrated into the fi nancial mainstream. in the government securities or stock markets. to promote the well-being of disadvantaged give these eamples as concrete fulfi llment sectors of the society. As describe their of the fi nancial inclusion obectives of the initiatives, I wish to emphasize that DBP has taken government. the lead to demonstrate that it can be done. To realize this promise, we have to do the owever, it is our epectation that the rural basics. And by that we mean a thorough re- banks will use these templates and cascade examination of how we can do nationwide it as lending opportunities to your respective payments and settlements using technologies cooperatives. and approaches that are at par with what is already available in Australia, Singapore, or DBP PASADA omalia. The DBP Program Assistance to Support es, you heard it right, omalia, because Alternative Driving Approaches, or DBP PASADA, the country has a funds transfer system that is our contribution to the National Government’s puts the Philippines to shame. o that end, public utility vehicle modernization program. am happy to share DBP has already started hrough this funding facility, we help ualifi ed working on such a settlements platform with a transport cooperatives and corporations that working group of your fellow rural banks and are registered with the ffi ce of ransport the Society for Worldwide Interbank Financial ooperatives to acuire modern eepneys. elecommunication or . While this is our contribution to the National With DBP in the picture, we are committed Government’s efforts to modernize public to building a platform that is premised on an transportation, I also consider it as part of DBP’s open business and technology mode. And in advocacy to include as many Filipinos into the so doing, I believe this is an excellent manner fi nancial mainstream as possible. DBP PAADA for DBP to likewise meet its mandate of being a fi nances the acuisition of modern, energy- partner of the rural banks.