“LANDBANK stands ready to extend accessible credit to all agri players to boost the country’s food production and supply. We will continue ramping up our lending activities in full support of the new administration’s agricultural modernization agenda,” LANDBANK President and Chief Executive Cecilia C. Borromeo said in a statement.
The remaining P37.5 billion was distributed to small farmers and fishers, including those channeled through cooperatives, farmers’ associations, and rural financial institutions. The state-run bank is also currently offering an agri-mechanization financing program as part of the administration’s long-term goal to modernize agricultural production.
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