A GOLDEN CELEBRATION – LANDBANK President and CEO Cecilia Cayosa Borromeo (right photo) delivers the keynote address during the 50th anniversary celebration of the Lamac Multi-Purpose Cooperative (LMPC) on 12 March 2023 in Cebu City where she highlighted the essence of collective action to...
Major Philippine banks came together to express their willingness to lend to micro-farmers who are under Go Negosyo’s Kapatid Angat Lahat (Kalap) Agri Program, its founder Joey Concepcion said on Tuesday, April 4. During the Laging Handa press briefing, the Private Sector Advisory Council member...
A good idea. That's how Albay 2nd district Rep. Joey Salceda described the proposal from Malacañang to merge government financial institutions (GFIs) the Land Bank of the Philippines (LBP) and the Development Bank of the Philippines (DBP). Salceda said in a statement Wednesday afternoon, March 29,...
HEARD IT THROUGH THE GRIPEVINE: OUR NEW ABNORMAL As talks swirl about a plan to merge our two state-owned lending institutions, the Land Bank and the Development Bank of the Philippines (DBP), it may make sense to first appreciate that this is a “revival” of an old tune — one that’s brought...
AGRI Party-list Rep. Wilbert T. Lee is prodding the Landbank of the Philippines to expand its scholarship program for dependents of agrarian reform beneficiaries (ARBs), something that it can easily do based on its income, the solon said. AGRI Party-list Rep. Wilbert T. Lee The state-run financial...
The Securities and Exchange Commission (SEC) is offering an additional payment option to the transacting public through an enhanced partnership with the Land Bank of the Philippines (LANDBANK). The Commission signed an amended Memorandum of Agreement (MOA) with LANDBANK to allow for payments for...
The proposed Philippine sovereign wealth fund (SWF) gained the backing of several top-performing government financial institutions (GFIs) when the measure was tackled Tuesday, Nov. 29 by the House Committee on Banks and Financial Intermediaries. (Mari Gimenez/ Unsplash) The measure, House Bill (HB)...
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...
It’s official, face to face classes are now back. And if you are looking for scholarship grants to help you with your study, we listed some that you may want to consider. Here they are: ‘Edukampyon Iskolar Para Sa Kinabukasan’ Rex Education and the Private Education...
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...
The Department of Finance (DOF) reported on Monday, June 13, that two government-owned banks have facilitated the distribution of over P8.2 billion in cash aid to qualified small palay farmers as part of the Rice Farmers Financial Assistance Program (RFFA). Citing data from the Department of...
In the Philippines, there’s been a pronounced disinterest in agriculture as a career in the past several years. Between 2008 and 2018, the share of agricultural workers in the local workforce dropped from 35% to 26%, meaning there are fewer farmers today compared to the previous decade. In...
