Professional Documents
Culture Documents
Land Bank of The Philippines
Land Bank of The Philippines
Land Bank of The Philippines
THE PHILIPPINES
BRIEF DESCRIPTION
• The Land Bank of the Philippines is a government financial institution
established in 1963 to provide financial support and assistance to the
agricultural sector. As a development bank, it focuses on promoting
countryside development and improving the lives of rural communities by
offering financial products and services tailored to the needs of farmers,
fisherfolk, and other rural entrepreneurs.
• LANDBANK is by far the largest formal credit institution in the rural areas.
It also ranks among the top five commercial banks in the country in terms
of deposits, assets and loans.
MISSION, VISION AND GUIDING PRINCIPLES
OF LAND BANK
Guiding Principles of LANDBANK
MISSION
We are the leading universal bank with a
• Catalyst of countryside development and government mandate that provides responsive
poverty alleviation. services beyond banking to all clients, publics and
• Commitment towards the development of the stakeholders.
cooperative system.
• Self-sustainability through cross-subsidy
operations (commercial banking profits VISION
supporting agrarian operations). By 2028, LANDBANK shall be at the forefront of
• Self-reliant government institution with no nation-building through the promotion of financial
budgetary support. inclusion, digital transformation and sustainable
• Commitment towards environmental protection. development that benefits all Filipinos.
Major Roles of Land Bank
• An implementing agency of CARP involved in land evaluation,
compensation to owners of private agricultural lands, and
collection of amortizations from CARP farmer-beneficiaries.
• Provision of credit assistance to small farmers and fisherfolk
and ARBs.
• An official depository of government funds.
• A government bank with a social mandate to spur countryside
development.
The contribution of the bank in terms of corporate
social responsibility(CSR), business, economics, etc.