Rappler's latest stories on Land Bank of the Philippines
COA to DSWD: Pay Landbank's P82.72 million in unpaid 4Ps service fees
COA adjusts the payout figure to Landbank to a lower amount compared to the original claim of P87.05 million and the amended claim of P92.27 million
Landbank loans to agriculture sector hit P238 billion as of July 2019
Total loans grow by 8% in July, as Landbank expands direct credit to small farmers and fishers
Villar urges Landbank to ease loan process for sugar farmers
Senator Cynthia Villar, chair of the Senate committee on agriculture, says Landbank was taking too long to process farmers' loan applications
FAST FACTS: What you should know about Landbank
(3rd UPDATE) President Duterte threatens to shut down the government bank in his 4th SONA, saying it's acting more like a commercial bank instead of focusing on farmers and fishermen
Landbank turns over 354,783 hectares of land to DAR
(UPDATED) The Land Bank of the Philippines, which President Rodrigo Duterte criticized in his 4th State of the Nation Address, says this turnover happened in May 2019
Landbank to submit plans for farmers after Duterte threat
The Land Bank of the Philippines says it is committed to helping farmers and fishermen, a day after President Rodrigo Duterte threatened to have it abolished
Duterte threatens to abolish Landbank
'What the heck is wrong with you? You are supposed to finance agricultural enterprises and endeavors,' President Rodrigo Duterte tells the Land Bank of the Philippines
Landbank wants to cover more agrarian reform beneficiaries
The Land Bank of the Philippines eyes more farmer-beneficiaries after its loans for small farmers and fisherfolk went up to P13 billion in the first 3 months of 2019
Sandiganbayan allows prosecutors to amend charges vs ex-Landbank officials
The anti-graft court says the right of the prosecution to make amendments is still valid since the defendants have not yet been arraigned
COA hits 'out of cash' Landbank ATMs
In its 2017 audit report, the Commission on Audit documents at least 268 Landbank automated teller machines 'continuously out of cash'
Landbank offers Philippine Stock Exchange P472M for PDSHC stake
The state-run bank takes another stab at gaining control of the country's bond trading market
Duterte wants Landbank to provide more loans for farmers
The President warns he would look into the bank's finances after challenging it to provide tractors to farmers' cooperatives all over the country
Bank for OFWs could open in February 2018
The establishment of the bank is now being reviewed after the Bangko Sentral ng Pilipinas approved Landbank's acquisition of Postbank
Senate finance committee allots P10B for Marawi rehabilitation in 2018
This is higher than the P5 billion budget for Marawi rehabilitation given this 2017
Mautes used bank vaults to hide from air strikes
'Pinagtaguan yun kapag binobomba sila ng fighter jet eh. Alam kasi nilang matibay yung vault,' says former Maute hostage Lordvin Acopio
Landbank extends banking hours on June 30 amid system upgrade
All branches of the Land Bank of the Philippines will be open until 5 pm on Friday June 30
Landbank sets June 24-25 system upgrade, downtime
ATMs cash deposit machines and other electronic banking channels will be offline from 10:30 pm on June 24 to 3:00 pm on June 25
Veteran banker Cecilia Borromeo is new DBP chief
Borromeo replaces Gil Buenaventura who has been serving as president and CEO of Rizal Commercial Banking Corporation since July 1 2016
Landbank to provide P115B in loans to small farmers, fishermen by 2022
Landbank will initiate a re engineering of the credit facilities for small stakeholders in the agriculture sector and encourage them to enter into corporatives
Landbank-DBP merger stopped
Finance Secretary Carlos Dominguez III says the main rationale behind the decision is that the two institutions serve different functions
Aquino OKs Landbank-DBP merger
With Landbank as the surviving entity President Benigno Aquino III approves the increase in its capital stock to P200 billion 4 19 billion
COA requires 'more proof' for Land Bank's money claim against DSWD
More documents are needed to support the money claim filed by the Land Bank of the Philippines against the Department of Social Welfare and Development Commission on Audit says
Robbers take P3.4M in funds meant for 4Ps beneficiaries in Albay
The suspects reportedly forcibly enter the house of the village councilor and hogtie the employees of Smart Natco before taking the group s money and valuables
Landbank offers P3.8B in loans to farmers, fishermen
The state run bank says it can reach out to more farmers and fishermen who are not part of accredited cooperatives
China Bank to open 11 branches in December
Retail and banking magnate Henry Sy’s China Bank expects to close 2015 with 508 branches including those of China Bank Savings and Planters Development Bank
Groups launch signature drive vs P800M Samar gov't loan
The No to P800 Million Loan Coalition seeks to gather 600 000 signatures in Samar to support its protest against the loan
MRT3 buyout target moved to 2016
DOTC Secretary Jun Abaya says they will convince the Congress to include the MRT3 buyout fund in the 2016 national budget
Sale of Meralco shares didn't happen – Landbank
There is no violation of the Anti Graft Law since the block sale of the bank s Meralco shares did not materialize Landbank says
Ex-Landbank, SSS execs face graft charges over Meralco deal
The deal involved the block sale of SSS Meralco shares for P5 669 billion to Global 5000 a company identified with businessman Roberto V Ongpin
Prioritize public needs over credit ratings, Angara tells gov't
The senator questions the government s priorities in the face of its refusal to lower taxes
Marina mulls fiscal perks for domestic shipbuilders
With the incentives program the government hopes that the Philippines will soon be the largest shipbuilding nation in the world
BSP approves sweetened perks for rural bank mergers
BSP says encouraging more mergers among rural banks will bring about a less fragmented banking system in the Philippines
'Invest in PH now' - Gov't, business make pitch to US investors
The conference is part of a high level 3 city trade mission aimed at encouraging US investment in the country
NEDA Board approves LRT2 west extension project
The board chaired by President Benigno Aquino III also approves projects on irrigation fire safety and local development
Abad: GOCC dividends, Treasury gains to fund MRT3 buyout
The government can also borrow money but with the the approval of the Office of the President if GOCC dividends and Treasury gains are not realized Budget Secretary Florencio Abad says
Aquino signs law promoting development of sugarcane industry
The law aims to aid the development of the sugarcane industry especially as import duty will be 5 this year
Small farmers, priority sectors get P331B in loans
Government owned Land Bank priority sector loans are up 35 in 2014 and hit a record 85 9 of total loans
Banks to shorten operations on Dec 24
Here is a list of bank branches with shortened operations on December 24
Allies turned rivals: Los Baños politics heats up
Former allies are now in a heated mayoral race in Los Baños
Prosecution: Corona bank records next
Bank officials will also be summoned if the prosecution gets its way
