State-run Land Bank of the Philippines (LANDBANK) was honored at the 2 nd Gawad
sa Paglingap sa Magsasaka at Mangingisda (Gawad Lingap) Awards of the
Department of Agriculture – Agricultural Credit Policy Council (DA-ACPC), for the
Bank’s outstanding support to the agriculture sector and micro, small, and medium
enterprises (MSMEs) amid the COVID-19 pandemic.
LANDBANK received a special award as one of the partner lending conduits (PLCs) of
DA-ACPC for agri-fishery credit programs for small farmers and fishers and other
agri-players.
"While we take on an expanded role of serving various development sectors,
providing intensified support to agriculture is a continuing commitment for
LANDBANK. Together with the DA and ACPC, we remain focused on extending financial access to farmers and fishers nationwide under our whole-of-government
approach," said LANDBANK President and CEO Cecilia C. Borromeo.
LANDBANK Lending Program Management Group Head, Vice President Esperanza N.
Martinez received the award on behalf of the Bank on 28 April 2022 during the
award ceremonies held at Novotel Manila Araneta in Cubao, Quezon City.
In partnership with the agriculture department, LANDBANK offers various lending
programs directed at supporting the recovery and growth of small farmers, fishers
and MSMEs.
These loan programs include the Expanded Credit Assistance under the Rice
Competitiveness Enhancement Fund (ERCA-RCEF), Agricultural Competitiveness
Enhancement Fund (ACEF), LBP-SRA Socialized Credit Program under Sugarcane
Industry Development Act (SCP-SIDA), and the Survival and Recovery Assistance
(SURE Aid) Program.
LANDBANK also implements the SURE COVID-19 loan program together with DA-
ACPC to assist small farmers and fishers affected by the economic impact of the
global health crisis.
Under the programs being administered by LANDBANK for DA-ACPC, cumulative loan
releases have reached a total of P12.51 billion benefitting small farmers and fishers
and micro- and small enterprises nationwide, as of 31 March 2022.
LANDBANK remains fully committed to serving the requirements of farmers and
fishers, towards building a stronger and more resilient agriculture sector.
