LANDBANK OF THE

PHILIPPINES
Presentation
INTRODUCTION
Land Bank of the Philippines (LBP; often referred to simply as LandBank), is

a government-owned bank in the Philippines with a special focus on serving

the needs of farmers and fishermen. Also, the second largest bank in the

Philippines in terms of assets and is the largest government-owned bank.

It is also one of the biggest government-owned and controlled corporations

and banking institutions in the Philippines along with the Development Bank

of the Philippines (DBP), Overseas Filipino Bank (OFW Bank), and Al-Amanah

Islamic Investment Bank of the Philippines.

VISION
By 2028, LANDBANK shall be at the forefront of nation-building through the
promotion of financial inclusion, digital transformation and sustainable
development that benefits all Filipinos.

MISSION
We are the leading universal bank with a government mandate that provides
responsive services beyond banking to all clients, publics and
stakeholders.
LandBank Core Values
INNOVATION
Generates or facilitates the solicitation of new ideas, methods, approaches
based on original, novel, or conventional approaches to continuously
improve financial products, service delivery, work processes that are
aligned to the goals and strategy of the Bank.

ACCOUNTABILITY
Takes ownership of actions and decisions and conducts all business
activities and financial affairs according to the highest organizational,
social, ethical, and legal standards.

COLLABORATION
Works together within and across boundaries to deliver results and support
a positive and inclusive environment.
LandBank Core Values
CUSTOMER FOCUS
Builds customer relationships with internal and external customers,
maintains strong service orientation to ensure customer satisfaction.

EXCELLENCE
Creates and implements standards for products and services, ensuring
consistency, accuracy, reliability, and effectiveness.

SOCIAL RESPONSIBILITY
Impartial and transparent in dealing with stakeholders.

RESILLIENCE
The ability to withstand or recover from difficult conditions.
Creation/History of LBP
LandBank was established on August 8, 1963, as part of the Agricultural Land
Reform Code. It was to help with the purchase of agricultural estates for
division and resale to small landholders.

In 1965, LandBank's by-laws were approved and its first board of trustees

formed. LandBank was tasked to collect 15-year land amortizations from

beneficiaries at the cost of the value of the land plus six percent interest

per annum. The system was implemented through a system of sharecropping or

lease-tenancy.

In 1972, all tenant farmers working on private agricultural lands devoted to

rice and corn were emancipated.
By 1973, LandBank was in financial distress. It lacked the resources and the
capital needed to implement the land reform programs.

On July 21, Marcos signed Presidential Decree No. 251 which revitalized the
bank. The decree granted LandBank a universal banking license with a social
mission.The bank was reorganized into three sectors - Agrarian, Banking and
Operations - in 1977.
LandBank was established in 1982 as the successor to the
Agricultural Credit Administration (ACA), established under the
same law. ACA's function was to extend credit to small farmers.
Also in this year, Union Bank of the Philippines (UnionBank) was
formed, with LandBank having a 40-percent stake.
LandBank became the financial intermediary for the Comprehensive
Agrarian Reform Program (CARP) in 1988. The Aboitiz Group of Companies
acquired LandBank's 40% share of UnionBank then. LandBank also became
the third member of Expressnet, an interbank network in December 1991.

LandBank's authorized capital was increased to nine billion pesos on

February 23, 1995 and it became an official government depository. On
August 25, 1998, the authorized capital of LandBank was once again
increased to 25 billion Philippine pesos. After a planned merger with
the Development Bank of the Philippines (DBP) in 2016, LandBank's
capital was then increased to 200 billion pesos.
In 2014, LandBank was planned to be merged with the Development Bank of the

Philippines (DBP) President Benigno Aquino III signed Executive Order No. 19

on February 4, 2016, to give way on the merger. However, the Duterte

administration canceled the merger later that year.

LandBank will be merged into the United Coconut Planters Bank of the

Philippines (UCPB) on June 25, 2021, with LandBank as the surviving entity.

President Rodrigo Duterte signed Executive Order No. 142 which mandates the

merging of LandBank and UCPB.

Thank you
for listening
GODBLESS!!
What We'll be Discussing

Interest Rates
Services Provided
Corporate Powers

2
Interest
Rates
Savings Account

4
Peso Time Deposit

5
US Dollar Time Deposit

6
High Yield US Dollar Time Deposit

7
Services
Provided
 A program designed by the
Government to promote
equitable distribution and
ownership of land.

Agrarian Services

9
 Restoration and Invigoration
package for a Self-sufficient
Economy towards Upgrowth
for LGUs Lending Program.

Rise Up LGUs

10
 Interim Rehabilitation
Support to Cushion
Unfavorably-affected
Enterprises by CoVid-19.

I-Rescue

11
Landbank Access to Academic
Development to Empower the
Masses towards Endless
Opportunities Lending program.

12
Corporate
Powers
Corporate Power

- refers to the right or capacity of a corporation to

perform all acts or things, except those forbidden by
law and its articles of incorporation in furtherance of its
purpose or purposes.

14
To prescribe, repeal, and alter
its own by-laws to determine its
operating policies and to issue
such rules and regulations as
may be necessary.

15
To adopt, alter, and use a
corporate seal.

16
To hold, purchase, acquire, and own real
and personal property, introduce
necessary improvemens thereon to
enhance and develop their social and
economic values, and to sell, mortgage,
or otherwise dispose of the same.

17
To sue and be sued, make
contracts, negotiate, and secure
loans from both local and
foreign sources.

18
To grant short-, medium-, and long-term
loans and advances against security of real
estate and/or other acceptable assests for
the establishment, development or
expansion of agricultural, industrial, home
building or home financing projects and
other productive enterprises.

19
To grant loans to farmers'
cooperatives/associations to
facilitate production, marketing
of crops and acquisition of
essential commodities.

20
To finance and/or guarantee
the acquisition of farm lots
transferred to tenant-farmers in
accordance with existing laws
and related rules and
regulations.

21
To underwrite, hold, own, purchase,
acquire, sell, mortgage, dispose of or
otherwise invest or re-invest in stocks,
bonds, debentures, securities and other
evidences of indebtedness of other
corporations and of the government or its
instrumentalities, which are issued for or
in connection with any project or
enterprise.

22
To guarantee acceptances, credits, loans,
transactions or obligations of any person, co-
partnership, association or corporation in favor
of any financing or banking institution, whether
foreign or domestic, provided the proceeds of
such accpetances, credits, loans, transactions
or obligations are utilized or allocated for the
development and/or expansion of agriculture
and industry.

23
To borrow from, or rediscount
notes, bills of exchange and
other commercial papers with
the Bangko Sentral.

24
To act as trustee, or administer
any trust in accordance with
existing laws, rules and
regulations governing trust
corporations.

25
To exercise the general powers
of corporations embodied in the
Corporation Code and other
pertinent laws, insofar as they are
not in conflict with law creating
Land Bank of the Philippines.

26
The LBP is also authorized to accept
demands, savings, and time deposits. It
also administers the Special and
Agricultural Guarantee Funds, among
others, which take care of claims,
specifically of tenant-farmers, arising
from various obligations of LBP.

27
 Thank you
for listening!

Fababeir, Andrei Chester F.

The Board Directors and
Boards Responsibility
BOARD RESPONSIBILITY…

the landBANK BOARD SeTS THE OVERALL POLICIES and strategic directions of the bank, which serve
as the guide of management and operating units in the day-to-day operations. MOREOVER THE
LANDBANK BOARD provides the oversight functions in the overall performance, and champions good
corporate governance by strong adherence to ethical standards and compliance with legal institutional
and regulatory requirements. The board also ensures that the bank remains accountable to it’s various
stakeholders.
The boards responsibilities are to:
•establish a governance framework,
including a compliance framework to
ensure the organisation meets its
obligations

•set the strategic direction to help the organisation achieve its

purpose

•
oversee financial performance of the organisation
•oversee a risk management strategy and risk management
performance

•play an active role in building a culture of integrity by

modelling the behaviours based on the public sector values and
standards

•
oversee the performance and remuneration of the organisation
head

•operate within its statutory powers and policies

 •oversee the occupational health and safety of the organisation

•
manage stakeholders.
BOARD DIRECTORS…

Benjamin Estoista Diokno is a Filipino economist LBP President and CEO Cecilia “Cecile” C.
currently serving as the 32nd Secretary of Finance Borromeo holds the distinction of being President
under the administration of President Ferdinand and Chief Executive Officer of two government
"Bong Bong" Marcos Jr. since June 30, 2022. financial institutions – the Development Bank of
the Philippines which she capably led for two
years, and LANDBANK where she started her
banking career 30 years ago.
Bienvenido Estudillo
Laguesma is a Filipino President Ferdinand R. Marcos Jr. Conrado Masonsong Estrella III is
government official, lawyer (leftmost), who is also Agriculture a Filipino politician serving as the
and businessman who is Secretary, extends his Secretary of Agrarian Reform
currently the Secretary of compliments to LANDBANK in the since June 30, 2022.
Labor and Employment since last run of the AgriSenso Virtual
June 30, 2022. Forum on 05 January 2023, for
supporting his administration’s
development agenda towards
revitalizing the agriculture sector.
Director Virgilio De Vera Robes sits
in the LANDBANK Board as Agrarian Currently, he is a
NANCY IRLANDA is the first
Reform Beneficiaries representative. member of the Land
female Appointive Independent
Bank Board
Director on the LANDBANK Board.
representing
Agrarian Reform
beneficiaries.
Director Liduvino S. Geron is A licensed Treasury
currently the Executive Vice Alan Bornas is currently Professional, he has been
President - Agricultural and Senior Vice President, with LANDBANK for 28
Development Lending Sector of Operations Sector at Land years and has led various
LANDBANK. Bank of the Philippines - units including the Bank’s
financial markets, investment
banking, and treasury
groups.
 Being with LANDBANK for
more than three decades, Alex
has served the Bank’s different
sectors before being appointed
as Head of the Corporate
Services Sector.

Leila Martin is the President Ms. Ma. Celeste A. Burgos is

and CEO of OFBank, a digital Senior Vice President for Land
bank of LANDBANK. Bank of the Philippines and is
It secured its digital banking currently the Head of the
license last March from the Corporate Banking Group, in
Bangko Sentral ng Pilipinas, charge of lending to the top
making it the first digital-only borrowers of the Bank. Her vast
bank in the country. career of more than 30 years as
a banker has been dedicated to
the Bank’s lending operations
Thank you
for
listening!😉

Name: Chyra Eugenio

 ROLE OF LAND BANK
OF THE PHILIPPINES IN
PHILIPPINE FINANCE
 LAND BANK OF THE
PHILIPPINES IS A

LAND BANK GOVERNMENT FINANCIAL

INSTITUTION THAT
OF THE STRIKES A BALANCE IN
FULFILLING ITS SOCIAL
PHILIPPINES MANDATE OF PROMOTING
COUNTRYSIDE
DEVELOPMENT WHILE
REMAINING FINANCIALLY
VIABLE.
MAJOR ROLES OF LBP

 An implementing agency of CARP

involved in land evaluation, compensation
to owners of private agricultural lands
and collection of amortizations from
CARP farmer-beneficiarues.
 Provison of credit assistance to
small farmers and fisherfolk and
ARBs.
An official depository of
government funds
LBP'S MAIN BRANCH
AND ITS SUB
BRANCHES
 ation
Loc h
Main Branc etro
- M a nila, M
Landbank
P Plaz a B ran ch)
Manila (LB

Addres
s
1598 M.H
Del Pilar c
Quintos S orner Dr.
treet, Ma J.
late Mani
Metro M la,
anila
LEARN MORE:

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 THANK YOU!

IRICHELLE ANNE L. DIVA

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