State-run Land Bank of the Philippines (Landbank) is ramping up measures to draw out financial gains to hit its ₱44.2-billion full-year net income target after posting higher expenses in the first half and amid expected stress stemming from the waiver of fund transfer fees and the struggling...
Former LandBank branch manager Violeta Constantino testified before the Senate impeachment court on Wednesday, July 29, that the Office of the Vice President 's (OVP) large cash withdrawals were "unusual" compared with transactions of other government agencies. During questioning by Sen....
Businesses and taxpayers in Makati City will soon enjoy a faster and more convenient way to pay taxes, permits, licenses, and other local government fees with the rollout of the Link.BizPortal, LANDBANK’s digital payment platform designed to simplify transactions, improve compliance, and support...
The Philippines is turning to artificial intelligence (AI) to help small businesses secure loans and digitize operations, bridging a critical financing gap for the enterprises that form the backbone of the country’s economy. The Department of Information and Communications Technology (DICT) and...
More sugarcane farmers in Western Visayas are set to gain easier access to affordable credit and support services, as LANDBANK partners with Capiz Sugar Central, Inc. (CSCI) under the Bank’s Agrisenso Plus Lending Program. LANDBANK President and CEO Lynette V. Ortiz and CSCI President Terence S....
Dividends collected under President Ferdinand R. Marcos Jr.’s administration have already exceeded half a trillion pesos since mid-2022, 31.2 percent higher than those under the Duterte administration and dwarfing the collections of the two earlier administrations. A government document from...
State-run Land Bank of the Philippines (Landbank) has provided an ₱800-million financing facility to Archipelago Renewables Corp. (ARC) to support rural electrification, benefiting more than 7,000 households and over 300 small businesses. Landbank said in a June 30 statement that the loan will...
Department of Finance (DOF) Secretary and Land Bank of the Philippines (Landbank) Chairman Frederick D. Go has praised the move by Ayala-led Bank of the Philippine Islands (BPI) to waive electronic fund transfer fees across its digital channels, describing it as a step toward eliminating banking...
To expand credit opportunities for micro, small, and medium enterprises (MSMEs) with limited access to formal financing, LANDBANK and the Philippine Chamber of Commerce and Industry (PCCI) have strengthened their partnership to support enterprise growth and competitiveness nationwide. Formalized...
State-run Land Bank of the Philippines will eliminate transaction fees for online government payments through the end of the year, a move aimed at easing consumer costs amid persistent global economic pressures and accelerating shift toward digital finance. In a statement on Monday, June 1,...
ESPERANZA, Sultan Kudarat – What started as a small roadside stall selling buko juice has grown into a thriving community enterprise in Sultan Kudarat—one that now creates jobs, supports families, and brings people together. At the heart of this story is Jose Fernand Latog, a retired police...
State-run Land Bank of the Philippines (Landbank) said the reason debt watcher Fitch Ratings opted to retain the government financial institution’s (GFI) ‘BBB’ investment rating was its sound fundamentals and solid governance. “Our investment-grade rating was affirmed because our...
