The Department of Finance (DOF) is exploring changes to the charters of the Land Bank of the Philippines and the Development Bank of the Philippines (DBP) to pave the way for their potential public listing. Finance Secretary Ralph G. Recto, speaking at a reception hosted by the Philippine Stock...
After the shelving the planned merger, the Department of Finance (DOF) is now considering the public listing of Land Bank of the Philippines and the Development Bank of the Philippines (DBP). On Wednesday, Feb. 14, Finance Secretary Ralph G. Recto told Manila Bulletin that informal discussions have...
LANDBANK President and CEO, Lynette V. Ortiz (front row, right), and ACEN President and CEO, Eric Francia (front row, left), lead the signing of a ₱20-Billion loan agreement to fund ACEN’s general corporate requirements and investments in renewable energy projects on 29 November 2023 in Makati...
MALUNGON, Sarangani – Residents and business entrepreneurs from this municipality can now pay for dues to the local government faster online through the digital payment facility of the Land Bank of the Philippines (Landbank). MALUNGON Mayor Maria Theresa Constantino (second from right), Vice...
Turning challenges into opportunities. Amid the African Swine Fever outbreak, Jerome Trofeo successfully expanded his meat shop business into a commercial swine farm through a P24-million loan from LANDBANK, and has helped strengthen local swine production to meet the demand for pork in the...
Spouses Leonilo and Bella Basister from Mayorga, Leyte grew their palay trading business with support from LANDBANK, now running two rice mills that produce more than 100,000 sacks of milled rice per year. As someone who was not able to pursue higher education due to financial constraints,...
CHEERS TO 60 YEARS OF SERVICE. Landbank President and CEO, Lynette V. Ortiz, leads a celebratory toast alongside industry regulators, business leaders, development partners, and outstanding clients in commemoration of LANDBANK’s diamond jubilee on 08 August 2023. To mark six decades of...
Senator Sherwin Gatchalian has sought a Senate inquiry into the proposed merger between the Landbank of the Philippines (Landbank) and the Development Bank of the Philippines (DBP) which is likely to be finalized by the middle of 2024. ...
Cagayan de Oro 2nd district Rep. Rufus Rodriguez (Facebook) Pro-administration congressman, Cagayan de Oro 2nd district Rep. Rufus Rodriguez wants to be assured of several things first before he can back the proposed merger of state-owned Land Bank of the Philippines (LBP) and Development Bank of...
Albay 1st district Rep. Edcel Lagman (Manila Bulletin) The proposed merger of the Landbank of the Philippines (LBP) and the Development Bank of the Philippines (DBP) can only happen through the action of Congress. Independent minority congressman, Albay 1st district Rep. Edcel Lagman gave this take...
President Ferdinand “Bongbong” Marcos Jr. revealed the readiness of state-run banks Landbank and the Development Bank of the Philippines (DBP) to expand their credit coverages to agriculture. In photo are: (from left to right) Usec. Leocadio Sebastian, Undersecretary for Rice Development of the...
The House minority bloc won't oppose the planned merger of the Land Bank of the Philippines (LBP) and the Development Bank of the Philippines (DBP) for as long as Filipino farmers and fishermen won't get left out in the cold. 4Ps Party-list Rep. Marcelino Libanan (Facebook) This was the simple...
