DA, LandBank form P15-B lending program

Credit to Author: Eireene Jairee Gomez| Date: Wed, 17 Mar 2021 18:05:15 +0000

The Department of Agriculture (DA) and the Land Bank of the Philippines (LandBank) signed on Wednesday an agreement on a new, P15-billion lending program for African swine fever (ASF)-hit hog raisers to help them improve their output. The program, called the Special Window and Interim Support to Nurture Hog Enterprises (Swine) Lending Program, will be […]

Read more

LandBank approves P62-B loans to LGUs

Credit to Author: Mayvelin U. Caraballo, TMT| Date: Thu, 25 Feb 2021 16:19:16 +0000

Land Bank of the Philippines (LandBank) has approved more than P62 billion in loans to 194 local government units (LGUs) under its program that aims to revive local economies from the coronavirus pandemic’s impact. The government-run bank said in a statement on Wednesday it had cleared P62.32 billion under its Restoration and Invigoration package for […]

Read more

LandBank, PSA for PhilSys registration

Credit to Author: Mayvelin U. Caraballo, TMT| Date: Thu, 21 Jan 2021 16:19:25 +0000

Land Bank of the Philippines (LandBank) has partnered with the Philippine Statistics Authority (PSA) to help Philippine Identification System (PhilSys) Step 2 registrants open their own bank accounts. In a statement on Thursday, the state-run lender said it would co-locate with the PSA in registration centers for the second step of the PhilSys registration to […]

Read more

LandBank: 2% interest subsidy for LGU loans

Credit to Author: Mayvelin U. Caraballo, TMT| Date: Tue, 08 Dec 2020 16:24:50 +0000

Local government units (LGUs) with loans from the Land Bank of the Philippines (LandBank) can expect to receive an interest rate subsidy of 2 percent annually. In a statement on Tuesday, the state-run lender said the subsidy was part of the government’s measures to help communities bounce back from the impact of the coronavirus disease […]

Read more

LandBank loans to agri sector hit P230B in Oct

Credit to Author: Eireene Jairee Gomez| Date: Tue, 08 Dec 2020 16:22:59 +0000

State-run Land Bank of the Philippines (LandBank) has extended to the agriculture sector P230.23 billion in loans as of October, which makes up 94 percent of its P245-billion target for 2020. In a statement, LandBank said over 2.5 million farmers and fishermen have benefited from the soft loans, subsidies and training programs provided by LandBank […]

Read more

LandBank disburses P717M to PUV operators

Credit to Author: Mayvelin U. Caraballo, TMT| Date: Wed, 25 Nov 2020 17:32:57 +0000

The Land Bank of the Philippines (LandBank) announced on Wednesday that it had started releasing cash grants of P6,500 each to 110,359 public utility vehicle (PUV) operators. In a statement, the state-owned lender said the cash grants totaling P717.33 million were disbursed to jeepney and bus operators nationwide under the Cash Subsidy to PUV Operators […]

Read more

LandBank grants 60-day moratorium on loan payments

Credit to Author: Mayvelin U. Caraballo, TMT| Date: Tue, 20 Oct 2020 05:03:09 +0000

STATE-owned Land Bank of the Philippines is granting its clients a two-month grace period on loan and credit card payments as part of its compliance with the Republic Act 11494 or the Bayanihan to Recover as One (Bayanihan 2) Act. In a statement on Tuesday, the lender said it was providing a one-time 60-day moratorium […]

Read more

LandBank extends P737-M loans for new jeeps

Credit to Author: Mayvelin U. Caraballo, TMT| Date: Fri, 25 Sep 2020 16:19:46 +0000

The Land Bank of the Philippines (LandBank) reported on Friday that loans it extended to help public transport players buy modern jeepneys reached more than P737 million. In a statement on Friday, the state-run lender said it approved P737.21 million in loans to 16 borrowers nationwide for the purchase of 407 modern jeepneys under the […]

Read more

AXA Philippines offers convenient payment methods

Credit to Author: The Manila Times| Date: Sat, 25 Jul 2020 17:07:52 +0000

INSURANCE provider AXA Philippines is offering various convenient online payment methods to help customers keep safe and worry-free during these times. Policyholders can pay premiums through online banking channels including Metrobank Direct, PS Bank Online, BDO Online Banking, BPI Express Online, PNB Online Banking, China Bank Online Internet Banking, BancNet Online as well as credit […]

Read more

DA transfers P1.4B to LandBank

Credit to Author: Eireene Jairee Gomez| Date: Sat, 18 Jul 2020 16:08:25 +0000

The Department of Agriculture (DA) has transferred an additional P1.44 billion to the Land Bank of the Philippines (LandBank) for lending to farmers, fishermen and agricultural entrepreneurs under the Agricultural Competitiveness Enhancement Fund (ACEF) credit program. “The fresh fund augments the previous P4.495 billion the DA has cumulatively entrusted to LandBank, being the administrator of […]

Read more