Visayan Electric maintains ISO certifications for QMS and EHSMS

CITY toP20.91-billion from theP19.9-billion

ITY OF SAN FERNANDO---State-owned Devel

Bank of the Philippines ( DBP) joined the elite ranks of trillion-peso banks in the country, as the bank’s total assets reached P1.04-trillion at end-2020, showing a whopping 37 percent increase from the P761.24-billion recorded in 2019, a top official said.

DBP President and Chief Executive Officer Emmanuel G. Herbosa said the increase in total assets was buoyed largely by the hefty increases in deposits which grew 47.6 percent toP817.9-billion fromP554.18-billion in 2019, and the doubledigit hike in investments which recorded a 26 percent increase to P260.1billion from P206.57-billion from the previous year.

“DBP’s latest milestone manifests the public’s continued confidence in DBP as a strong, stable and reliable financial institution,” Herbosa said. “We are emboldened by the fact that the bank was able to achieve this feat two years earlier than our projected timeline and despite the constraints of the prevailing public health cr i si s.”

DBP is the sixth largest bank in the country in terms of assets and has been designated as the country’s Infrastructure Bank by the National Government. It has a branch network of 129 full-service branch offices including 11 branch lite units situated mostly in underserved and farflung areas of the count r y.

Herbosa said total loans to borrowers as of December 31, 2020 reached P423.32-billion, up 19 percent from the P356.75-billion OPB as of December 2019, with majority of the credit assistance channeled to critical sectors and industries that were severely affected by the current economic downturn.

He said the bulk of the loan OPB as of December 2020 went to infrastructure and logistics which accounted for nearly 53.4 per cent orP225.9-billion; fol

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WalterMart also offers convenient and contactless shopping through its curbside pick up, take out and delivery options via its accredited delivery aggregators and through its own online grocery delivery platform – waltermart.com.

OF SAN FERNANDO---True to its commitment to be a world-class electric utility, AboitizPower subsidiary Visayan Electric Co., Inc. (Visayan Electric) successfully maintained its Integrated Management System (IMS) certifications for several categories.

These include ISO 9001:2015 Quality Management System (QMS), ISO 14001:2015 - Environmental Management (EM), and ISO 45001:2018 Occupational Health and Safety Management (OHS).

TÜV Rheinland Philippines, one of the leading certifying bodies in the country, granted the recertification for QMSand surveillance for EM and OHS in February 2021 after a remote audit that was held on December 3 and 4 in 2020.

Integrated Management Representative Jeffrey Belotindos said that the 2020 IMS Audit was very challenging due to community quarantine and travel restrictions brought about by the COVID-19 pandemic.

“Despite the new normal arrangement, we were able to conduct the IMS audit through an online setup. This shows everyone’s solid commitment towards achieving our common goal and adds another remarkable milestone to the organization,” Belotindos added.

Visayan Electric passed its first QMS certification in 2018. In 2019, the electric utility gained two more certifications for EM and OHS. With the company’s efforts in keeping its service world-class, the certifications ensure that Visayan Electric remains committed to keeping the culture of excellence to the communities they ser ve.

"These ISO certifications will support and guide our company and all Kaibigans to maintain the highest level of quality service to our customers, adherence to our policies and guidelines, ensuring the health and safety of our teams and the public, and taking care of the environment," said Visayan Electric President and Chief Operating Officer Raul C. Lucero.

Visayan Electric, the second-largest electric utility in the country, is owned and managed by publiclylisted Aboitiz Power Corporation and Vivant Corporation. It serves the cities of Cebu, Mandaue, Talisay, Naga, and four municipalities of the greater part of Metro Cebu -- Liloan, Consolacion, Minglanilla, and San Fernando.