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LANDBANK, IRRI LAUNCH SCHOLARSHIP PROGRAM FOR AGRICULTURE
Friday 10th of May 2013
LOS BANOS, Laguna, May 10 (PIA) --The Landbank of the Philippines (LBP) and the International Rice Research Institute (IRRI) have launched recently, a scholarship catering to dependents of small farmers and fisherfolks in agricultural communities.
Dubbed “Gawad Pag-aaral Tungo sa Maunlad na Bayan” or “Gawad Patnubay,” the scholarship program offers grants to 50 beneficiaries, 28 for college degrees scholarship in agriculture and 22 for TESDA-certified technical-vocational educational program.
Each scholar is entitled to a 100 percent tuition fee subsidy, a monthly stipend, a book allowance, a uniform allowance and employment assist...
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10Apr2013MANILA, April 10 (PIA) -- The Land Bank of the Philippines was recently recognized as the "Green Bank Champion for Environmental Due Diligence” by the Bankers Institute of the Philippines (BAIPHIL). The award was conferred during the BAIPHIL’s 27th National Convention at the Taal Vista Hotel in Tagaytay City. “We, at Landbank, are honored by this recognition and are all the more inspired to further our commitment in promoting environmental protection, not only in our operations but also a...
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27Mar2013QUEZON CITY, March 27 (PIA) -- Ombudsman Conchita Carpio Morales and Landbank President and CEO Gilda E. Pico led the ribbon-cutting ceremony during the recent inauguration of the bank’s extension office at the Office of the Ombudsman in Quezon City. The new extension office was established in response to the growing demand to complement the operations of Landbank’s branch along North Avenue and to provide banking convenience for the employees and clients of the Office of the Ombudsman. T...
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26Mar2013MANILA, March 26 (PIA) -- The Land Bank of the Philippines further strengthened its support to small farmers and fisherfolk with loan releases amounting to P39.9 billion from January to December 2012, benefiting 772,892 small farmers and fisherfolk. “Landbank remains aggressive in channeling assistance to the farming and fisheries sector as we aim to further strengthen and sustain their viability to accelerate the development of rural economies,” said its President and CEO Gilda E. Pico. ...
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16Feb2013CAGAYAN DE ORO CITY, Feb 16 (PIA) -- Around 120 underprivileged families in Calaanan Relocation Site Phase 3 here were beneficiaries of the “Landbank Gawad Kabuhayan Program” launched by the Habitat for Humanity and Land Bank of the Philippines said city Mayor Vicente Emano. The Landbank Gawad Kabuhayan Program aims to help families living in relocation sites to earn a living through concrete hollow block making, cooking, transport for hire and grocery store. “Dalaygon kaayo kini nga pro...
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13Feb2013CAGAYAN DE ORO CITY, Feb. 13 (PIA) -- The Land Bank of the Philippines (LBP) built partnership with Habitat for Humanity Philippines Foundation Inc. (HFHP) in a “Rebuild CDO” livelihood program dubbed "Landbank Gawad Kabuhayan." The fund worth P8,150,000 will benefit 500 HFHP home partners in Phase III of Sitio Calaanan. The program Landbank Gawad Kabuhayan is designed to aid the recovery of 3,355 families affected by tropical storm Sendong, last 2011. The aid will be through assistance and...
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06Feb2013KORONADAL CITY, South Cotabato, Feb 6 (PIA) -- Rice growers in South Cotabato and Sultan Kudarat provinces can now avail of the loan assistance from the Department of Agriculture under the “Sikat Saka” program. DA 12 regional executive director Amalia Jayag-Datukan said both provinces in Soccsksargen Region were included in the expansion of the program as these were among the top 20 rice-producing provinces in the country in 2011. Agriculture secre...
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09Jan2013KALIBO, Aklan, Jan. 9 (PIA6) -- Thirteen Aklanon Overseas Filipino Workers (OFWs) availed recently of a total of P14.150 million loan from the Land Bank of the Philippines (LBP) Kalibo Branch through its Iloilo Lending Center. Approval of the loans for Aklan’s OFWs, according to Landbank-Kalibo, is a result of a forged partnership between LBP and the Overseas Workers Welfare Administration (OWWA) to provide sustainable livelihood opportunities for affected and returning OFWs whose working ...
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12Sep2012KORONADAL CITY, South Cotabato, Sept 12 (PIA) -- Farmer Romeo Declarador has harvested 129 sacks of palay from one-hectare farm lot and earned at least P102,000 from the harvest. Declarador, a member of Amyon Irrigators’ Association in Tulunan , North Cotabato, is one of the first recipients of the Department of Agriculture’s Sikat Saka Program in Soccsksargen Region. Sikat Saka is a credit assistance initiative of DA in partnership with the Landbank of the P...
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20Jul2012MANILA, July 20 (PIA) -- The Land Bank of the Philippines (Landbank) said it is targeting to install 100 new ATMs by the end of 2012. In a statement, Landbank said it has already installed 65 new ATMs across the country, especially in underserved areas in the provinces. Landbank President and CEO Gilda E. Pico said addition of new ATMs demonstrate the bank's continuing commitment to provide convenient banking service to its depositors and customers. "This also complements our ongoing branch ...
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19Jul2012MANILA, July 19 (PIA) -- Landbank of the Philippines (Landbank) supports ABS-CBN Foundation Inc. in their pro-environment initiatives. In a statement, the bank signed an agreement with ABS-CBN to support the latter's Bantay Baterya and Bantay Langis projects. The Bantay Baterya project aims to aid in the eradication of pollutants caused by improper handling and disposal of batteries by collecting used, junk lead-acid batteries for recycling into fresh raw materials for the production of new ba...
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16Jul2012MANILA, July 16 (PIA) -- The Land Bank of the Philippines has sealed a $275-million loan agreement with the World Bank for the initial implementation of the Metro Manila Wastewater Management Project (MWMP). In a statement, Landbank said the project aims to address wastewater collection and treatment practices in selected areas in Metro Manila and also improve Manila Bay's water quality. Under the agreement, Landbank is the borrower, with the Department of Finance as the loan guarantor, while...
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13Apr2012TUGUEGARAO CITY, April 13 (PIA) -- Seven families of overseas Filipino workers (OFWs) benefitted from the P2-billion reintegration program of the Overseas Workers Welfare Administration (OWWA) in Region 2. Regional Director Robert Bassig said there were already 108 OFW families who underwent entrepreneurship development training through the Department of Trade and Industry as a pre-requisite to the release of the livelihood assistance to them. “Because we are just starting, we have assisted ...
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25Mar2012MANILA, Mar. 25 (PIA) -- The Land Bank of the Philippines has earned a net income of P9 billion last year, which was 11 percent higher compared to its 2010 net income of P8.1 billion. According to Landbank president and chief executive officer Gilda E. Pico, the bank's strong performance can be attributed the its robust overall performance to increased income from loans, prudent cost management and clear institutional focus. From its 2011 net income, Landbank remitted to the national ...
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06Mar2012MANILA, March 6 (PIA) -- The Land Bank of the Philippines (Land Bank) recently signed an agreement with the Philippine Health Insurance Corporation (PhilHealth) for a collection and remittance partnership on the premium contributions of overseas and migrant Filipino workers. In a statement, Land Bank said the partnership will initially kick off on March 15 in partnership with its remittance partners in three pilot countries: Hong Kong (Pacific Ace Forex H.K. Ltd.), Macau (...
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03Mar2012MANILA, March 3 (PIA) -- Land Bank clients may soon enjoy the benefits of convenient, cashless purchases worldwide through LANDBANK Visa International Debit Card. An agreement has been signed between Land Bank of the Philippines, the country's official depository, and Visa Worldwide Pte., Limited to develop the said product. This card allows access to over 2 million ATMs and more than 31 million point-of-sale terminals connected to the Visa Worldwide network. With the ...
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02Mar2012MANILA, March 2 (PIA) -- The Land Bank of the Philippines (LandBank) is targeting to open 20 new branches this year to serve its growing clientele and further expand its reach to underserved areas, according to a statement in their website. Of the 20 new branches to be put up, 14 will be in Luzon--2 in Northern and Central Luzon, 7 in the National Capital Region and 5 in Southern Luzon. Three new branches will open in the Visayas, and three in Mindanao. "Negotiations for t...
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20Feb2012MANILA, Feb. 20 (PIA) -- LandBank recently launched offsite ATMs in Caloocan City to aid in the distribution of cash grants to beneficiaries under the Pantawid Pamilyang Pilipino Program (4Ps), a statement on its website said. According to the bank, it forms part of its plan to eventually deploy mobile ATMs for the 4Ps payout initially in selected areas in the National Capital Region. The 4Ps is the Aquino administration's flagship poverty reduction measure. T...
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17Feb2012MANILA, Feb 17 (PIA) -- The Land Bank of the Philippines (LandBank) posted strong financial performance in 2011 and remitted P5 billion in cash dividends to the national government, a statement said. The said amount, which also included the balance from the bank's 2010 net income, is the highest remitted by a government-owned and controlled corporation. "This forms part of LandBank's contribution to government coffers in support to its revenue generation effort...
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09Feb2012MANILA, Feb. 9 (PIA) -- The Land Bank of the Philippines (LandBank) has received an award from the Government Quality Management Committee (GQMC) during its 3rd ISO 9001 Recognition Ceremony recently held at the Malacanang Palace, a statement posted on its website said. LandBank was recognized for its successful attainment of ISO 9001 Quality Management certification in 2010 in three core banking processes: lending and financial services operations of the Public Sector Depart...
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08Feb2012MANILA, Feb. 8 (PIA) -- Active GSIS members now have the option to transfer their UMID accounts from Unionbank to LandBank, an advisory posted on the bank's website said. Once transferred, LandBank said GSIS members will be able to withraw their GSIS benefits free of charge, anytime via Landbank's over 900 ATMs nationwide. It said that GSIS members need only email their name, date of birth, UMID Common Reference Number (CRN) and preferred LANDBANK branch to eservices@gsis.gov.ph. to tr...
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