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...
State-run Land Bank of the Philippines said it will facilitate the opening of bank accounts for registrants to the national identification system to ensure the speedy and efficient delivery of future government assistance programs. In a statement, Cecilia Borromeo, Land Bank president and chief...
Land Bank of the Philippines (LANDBANK) has opened a new credit facility that will fund 90 percent of borrowers’ investment requirement, but this is only if the borrower is either a farmer or a micro, small, and medium enterprise (MSME) engaged in the agricultural value chain of certain...
The Land Bank of the Philippines’ (LANDBANK) agricultural loans grew from P236.31 billion in 2019 to P237.62 billion in 2020, more than half of which were given to small, medium, and large agribusinesses. Of the P237.62 billion total outstanding loans, small, medium, and large agribusiness...
In a bid to be more accessible to farmers and fishermen, state-run Land Bank of the Philippines (LandBank) had set up different ‘Agri-Hubs’ across the country. In a statement, LandBank said that it has established the first four Agri-Hubs in December to bring financial services closer to more...
AgriNurture Inc. (ANI), the listed agriculture company controlled by businessman Antonio Tiu, has partnered with Land Bank of the Philippines to launch an electronic voucher platform to serve farmers in rural communities nationwide. In a statement, ANI said the platform will provide...
State-lender Land Bank of the Philippines further increased its loan releases to agriculture sector in November last year, the Department of Finance (DOF) announced. In a statement, the DOF said that Land Bank disbursed additional P1.44 billion worth of loans to farmers, agribusiness enterprises...
State-lender Land Bank of the Philippines (Landbank) is on track to hit its target on agriculture sector loans for this year in line with President Duterte’s order to intensify its support to local farmers. In a report submitted to the Department of Finance, Cecilia Borromeo, Landbank...
The Department of Agriculture’s (DA) Agricultural Credit Policy Council (ACPC) has deposited P1 billion to LandBak as additional funding for emergency loans to small farmers and fisherfolk during COVID-19 pandemic. In a statement, DA said it has already replenished the Expanded SURE Aid and...
Government-owned Land Bank of the Philippines is encouraging qualified local government units (LGUs) with good credit standing to borrow funds and take advantage of the two percent loan subsidy under Bayanihan 2. “We strongly encourage our LGUs to make full use of credit facilities...
As an accredited partner of Landbank, Escolarians can avail of one of the country's best financial assistance programs Education should open opportunities, not create burdens. That is why Centro Escolar University (CEU) is now an accredited partner of Landbank for the latter's i-STUDY Program,...
State-run Land Bank of the Philippines (LandBank) committed to support more farmers' groups after extending a total of P20.86 billion in outstanding loans to as many as 1,081 cooperatives and farmers’ associations as of end-August. LandBank President and CEO Cecilia C. Borromeo In a statement,...
