Development Bank of the Philippines (DBP) said it will request an extension of regulatory relief from the central bank, following its investments in the Maharlika Investment Fund (MIF), while the Land Bank of the Philippines (Landbank) does not see the need for it. On the sidelines of the 2025...
Marikina City 2nd district Rep. Stella Quimbo is using the House Committee on Public Accounts to launch a full inquiry into the Land Bank of the Philippines' (LBP) lending practices. This, as Quimbo expressed concerns over the supposed lack of transparency regarding loans contracted by local...
Bigger banks are expected to snap up UCPB Savings Bank which the state-run Land Bank of the Philippines (Landbank) is selling to focus on its core sectors. Bank of Makati president Luis M. Chua noted in an interview that universal and commercial banks would "most likely" target to acquire UCPB...
State-run Land Bank of the Philippines is selling its subsidiary, UCPB Savings Bank, Inc., to focus on its core sectors. In a statement, Landbank said the state-owned lender wants to enhance its services to key development sectors once the privatization of UCPB Savings is completed. Lynette...
State-run Land Bank of the Philippines has joined forces with agritech startup SariSuki to improve the agricultural supply chain. Through Landbank’s AgriSenso Lending Program, the partnership aims to empower over 300 small farmers and Agrarian Reform Beneficiaries (ARBs) by providing...
In pursuit of funding infrastructure developments, Prime Infrastructure has secured a P5 billion loan facility with the state-run Land Bank of the Philippines. In a statement, Prime Infra said the loan would be able to partially finance the firm’s working capital requirements and its three core...
Finance Secretary and LANDBANK Chairman Ralph G. Recto (2nd from left), Bangko Sentral ng Pilipinas Governor Eli M. Remolona, Jr. (leftmost), and LANDBANK President and CEO Lynette V. Ortiz (center) confer the Ulirang Magsasaka Award to Deodany L. Cara (3rd from left) with his wife, Ma. Cecilia...
By JAMES A. LOYOLA A-FLOW Properties I Corp. (A-FLOW), a joint venture between AyalaLand Logistics Holdings Corp. (ALLHC) and FLOW Digital Infrastructure, has secured a P2.4-billion loan from the Land Bank of the Philippines (Landbank). A-FLOW said it had signed the loan agreement representing...
Filipinos may soon opt to pay their miscellaneous fees online as the Bureau of Customs (BOC) partners with the Landbank of the Philippines (Landbank) to use its digital payment system. In a statement, the BOC announced that it inked a memorandum of agreement with Landbank to utilize its...
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...
