Aiming for a green energy future is one thing, but financing these projects is another. Three top banks explained to stakeholders the possible challenges new developers may face when it comes to financing their renewable energy (RE) projects. In a panel discussion during the Solar & Storage...
Consumers will still feel the deepest financial pain triggered by surging electricity rates due to simultaneous plant outages in the past two weeks, but the Department of Energy (DOE) is urging the distribution utilities (DUs) to tap palliative interest-bearing loan from the Land Bank of the...
The Federation of Free Farmers (FFF) asked President and concurrent Agriculture Secretary Ferdinand R. Marcos, Jr. to order Land Bank of the Philippines (LBP) to release P1 billion from the Rice Farmers Financial Assistance (RFFA) program to rice farmers. In a statement, FFF said the amount should...
The Land Bank of the Philippines (LANDBANK) has opened its first Agri-Hub in Central Luzon located in Rizal, Nueva Ecija as part of efforts to be more accessible to farmers and fishermen. In the next few weeks, the state-run bank is still targeting to open four more Agri-Hubs – located in Bago...
The Land Bank of the Philippines (LANDBANK) has joined the Department of Agriculture (DA) in the distribution of cash grants to Nueva Ecija rice farmers under the Rice Competitiveness Enhancement Fund-Rice Farmer Financial Assistance (RCEF-RFFA). The RCEF-RFFA program aims to provide unconditional...
State-run Land Bank of the Philippines (LANDBANK) is lending P500 million to the local government unit (LGU) of Pangasinan largely to help the province buy more palay direct from farmers. A statement showed that LANDBANK signed a P500-million loan agreement with Pangasinan LGU particularly to...
The Land Bank of the Philippines (LANDBANK) had so far released more than P13 billion in loans and cash grants to nearly a million farmers and fishermen for this year, the bank's latest data showed. As of May 31, LANDBANK has assisted cumulatively 2.7 million farmers and fishers nationwide, of...
Amid the pending amendments to the Agri-Agra Reform Credit of 2009 (Agri-Agra Law), the Land Bank of the Philippines (LANDBANK) said it is open to revisiting its existing loan application requirements to make it easier for farmers and fishermen to borrow from the state-run bank. In a statement,...
Amid the prevalence of African Swine Fever (ASF), state-run lender Land Bank of the Philippines (LANDBANK) has doubled its credit commitment to the local swine industry from P15 billion to P30 billion. This, according to the bank, will help local pork producers and feed millers to repopulate and...
Land Bank of the Philippines (LandBank) has set aside P2 billion for a new credit facility specifically for fishermen who want to purchase commercial fishing boats. Called LandBank Commercial Fishing Vessel Financing Program, the loan facility allows eligible borrowers willing to borrow up to 80...
