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...
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...
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 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...
Muntinlupa Mayor Jaime Fresnedi refuted claims by his detractors that the city government already used a P1.2 billion standby loan from Landbank of the Philippines. In March 2021, the Muntinlupa City Council passed an ordinance authorizing Fresnedi to enter into a loan agreement with Landbank in...
