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LandBank to use space data for agri-financing

THE Land Bank of the Philippines (LandBank), Philippine Space Agency (PhilSA), and the Department of Science and Technology-Advanced Science and Technology Institute (DoST-ASTI) entered into a partnership for the integration of space data to financing strategies for the agriculture sector.PhilSA Director General Joel Joseph Marciano, Jr., LandBank Senior Vice President Elcid Pangilinan, and DoST-ASTI representative Alvin Retamar signed a memorandum of agreement on Aug. 8, 2023 in Quezon City.In a statement on Thursday, LandBank said that this collaboration will include the development and utilization of space-related technologies for financial applications and conduct of joint research and exchange of relevant data for research undertaking. Our collaboration with PhilSA and DoST-ASTI is a welcome opportunity to further strengthen LandBank s agribusiness value chain financing strategies through cutting-edge data, said LandBank President and CEO Lynette Ortiz.Ortiz added that they will

LandBank loans for AFRD reach P714B | The Manila Times

LAND Bank of the Philippines (LandBank) posted a total of P713.8 billion in outstanding loans directed to agriculture and rural development.

LandBank to bolster financial services | The Manila Times

STATE-RUN Land Bank of the Philippines (LandBank) is looking to bolster its financial services by expanding both its physical and digital offerings, its top official bared.

Landbank books P20 9-B net income in H1, exceeds target by 19%

State-run Landbank of the Philippines saw its first half 2023 bottom line exceed target by double digits on the back of higher earnings in loans and investments.

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