BAGGAO, Cagayan – Towards servicing the development needs of small farmers and
fishers, the Land Bank of the Philippines (LANDBANK) officially inaugurated its
newest Agri-Hub in the Municipality of Baggao – the very first in the Province of
Cagayan.
The LANDBANK Baggao Agri-Hub provides banking, lending, and agrarian services,
all under one roof, for residents of the Municipality’s 48 barangays, including over
17,500 rice and corn farmers.
The location of the Agri-Hub allows Baggaoeños to conveniently perform their
banking transactions without having to travel all the way to Tuguegarao City, which
is more than an hour away from Baggao. Local LANDBANK customers include more
than 11,000 Conditional and Unconditional Cash Transfer beneficiaries of the
Department of Social Welfare and Development (DSWD).
Baggao Mayor Leonardo C. Pattung and LANDBANK President and CEO Cecilia
Cayosa Borromeo led the inauguration rites on 27 April 2023. They were joined by
Vice Mayor Rowel B. Gazmen, former Cagayan 1 st District Representative, Atty. Ramon C. Nolasco, Sr., and from LANDBANK, Executive Vice President Liduvino S. Geron and Senior Vice President Ma. Belma T. Turla.
“Kaisa po ninyo ang LANDBANK upang mas ilapit sa bawat mamamayan ng Baggao
ang mga programa at proyekto ng ating pamahalaan. We look forward to more
years of progressive partnership with the Baggao LGU as we explore more avenues
for collaboration, in the service of Baggaoeños and the nation at large,” said
President Borromeo.
Located at the Baggao LGU Compound in Brgy. San Jose, the LANDBANK Baggao
Agri-Hub is headed by Elcidita J. Villaruz under the supervision of Tuguegarao
(Capitol) Branch Head, Joselita S. Simeon.
The newly-inaugurated Agri-Hub forms part of LANDBANK’s physical network in the
province, consisting of 10 Branches and Branch-Lite Units, 54 ATMs, seven CDMs,
and one mobile ATM.
“We want to convey our sincerest gratitude to LANDBANK for their unwavering
assistance towards the convenience and welfare of Baggaoeños. The Baggao LGU
will always be ready to support your undertakings, as we mutually fulfill our vision of
providing responsive public service,” said Mayor Pattung.
Strategically located in the top rice-producing provinces in the country, LANDBANK
Agri-Hubs are designed to provide banking services such as account opening,
withdrawals, and check encashments; lending services such as the processing of
loan applications; and agrarian services such as processing of Agrarian Reform (AR)
bonds and handling of agrarian-related concerns from landowners, bondholders, and
Agrarian Reform Beneficiaries (ARBs).
LANDBANK now operates a total of 16 Agri-Hubs nationwide, located in the
Provinces of Pangasinan, Ilocos Sur, Isabela, Pampanga, Nueva Ecija, Oriental
Mindoro, Camarines Sur, Negros Occidental, Iloilo, Bohol, Misamis Occidental,
Misamis Oriental, Bukidnon, Sarangani, and Davao del Norte.