State-owned Land Bank of the Philippines remained the largest lender to the agriculture sector, the Department of Finance (DOF) announced. In a statement on Friday, Aug. 12, Finance Secretary Benjamin E. Diokno said that Landbank, the country’s second largest bank in terms of assets, has a total...
Leyte 1st District Rep. Martin Romualdez has filed the first bill in the 19th Congress, seeking to allocate P10 billion to two state banks to expand their lending capacities to micro, small, and medium enterprises (MSMEs) to help these recover from the Covid-19 pandemic. Leyte 1st District...
The University of the Philippines Los Baños (UPLB) and Land Bank of the Philippines signed an Academe-Industry Cooperation Agreement on June 3 at the Executive Conference Room, BM Gonzalez Hall at the UPLB campus for student training program partnership. University of the Philippines Los Baños...
The Muntinlupa City government has finally decided to avail of a low-interest loan being offered by Land Bank of the Philippines after the latter reminded that the program will expire next month. During the flag raising ceremony on March 21, Mayor Jaime Fresnedi announced that the city...
A group of teachers sought the assistance of the Department of Education (DepEd) to help resolve the issue of unauthorized online transactions reported by several teaching personnel. (Photo from Unsplash) The Teachers’ Dignity Coalition (TDC) said that as of Jan. 25, it has already submitted an...
OFW FORUM Nora M, 42, a single mother who hails from Negros Occidental, is now seriously considering returning home for good. She’s been away from home for 24 years while at work as a domestic helper in Hong Kong. The time seems ripe for her to quit her P30,000-a-month helper’s job and rejoin...
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 Department of Finance (DOF) has directed the Government Service Insurance System (GSIS) and the Land Bank of the Philippines to assist the Philippine Crop Insurance Corp. (PCIC) in managing the risks and enhancement of its investment portfolio. Finance Secretary Carlos G. Dominguez III said the...
Globe-Telecom_CNNPH (2) Globe Telecom Inc. signed a P15-billion term loan facility from Banco de Oro (BDO) and Land Bank of the Philippines (LandBank) for capital expenditures, re-financing debts and for general corporate requirements. The loans comprised of ₱10 billion from BDO and ₱5 billion...
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...
Finance Secretary Carlos G. Dominguez III clarified that the renovation of the former headquarters of the Land Bank of the Philippines in Makati is part of the infrastructure works being undertaken by the Department of Public Works and Highways (DPWH) since 2019. Finance Secretary Carlos G....
