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...
The Muntinlupa City government has clarified that it did not avail of any loan from Landbank of the Philippines. Landbank issued a certification stating that the Muntinlupa City government has no loan from the bank. Muntinlupa Mayor Jaime Fresnedi (Muntinlupa PIO) “This is to certify that per...
Two bills proposing to further strengthen the country’s banking system have passed final reading approval in the House of Representatives. Speaker Lord Allan Velasco3 Speaker Lord Allan Velasco lauded his Lower House colleagues for approving on third and final reading the bills regulating...
State-owned Landbank of the Philippines said that financing support to improve and construct farm infrastructure and post harvest facilities accounted for the bulk of its loans to the agriculture sector. In a report to Finance Secretary Carlos G. Dominguez III, Landbank said that about P94.01...
The Department of Agriculture (DA) has signed a memorandum of agreement (MOA) with Go Negosyo and LandBank of the Philippines (LANDBANK) to jointly implement Kapatid Agri Mentor Me Program (KAMMP), a nationwide mentoring program that targets to develop and sustain agribusiness in the Philippines....
