Landbank OKs P2.25 billion loans for MSME program

MANILA, Philippines — State-run Land Bank of the Philippines (Landbank) has approved P2.25 billion in loans for micro, small and medium enterprises (MSMEs) under its dedicated lending program as of April, as the lender moves to expand credit access for underserved businesses nationwide.

The financing was extended through Landbank’s Innovative Financing Thrust Towards Inclusive National Growth through Micro, Small and Medium Enterprises (LIFTING MSMEs) Lending program.

The initiative seeks to expand credit access through three-tiered financing packages designed to support enterprises at various stages of growth.

The state-run lender said the program, launched in September 2025, has seen strong adoption across key regions and approved loans reached P2.25 billion as of April.

“MSMEs form a critical engine of economic growth,” Landbank president and CEO Lynette Ortiz said.

“They create jobs, drive local enterprise and keep economic activity moving in communities far beyond our major urban centers. When MSMEs grow, more Filipinos participate in and benefit from economic progress,” Ortiz added.

In addition, Landbank said it recently formalized a partnership with the Philippine Chamber of Commerce and Industry (PCCI) to expand credit opportunities for MSMEs with limited access to formal financing.

The collaboration connects entrepreneurs to the LIFTING MSMEs Lending Program, while advancing initiatives in financial inclusion, digital transformation, sustainability and financial capability building.

Under the agreement, qualified PCCI members will get access to the bank’s customized lending programs and services, complemented by financial literacy initiatives, digital payment solutions, deposit products and sustainability-focused financing.

PCCI, for its part, will tap its nationwide network to promote the LIFTING MSMEs Lending Program, channel referrals of prospective borrowers and push for business formalization, financial preparedness and digital adoption among its members.

“This is just the beginning. Through PCCI and Landbank’s partnership, we are expanding opportunities for our kababayans. We want to make sure that our MSMEs have access to both local and international market,” PCCI president Ferdinand Ferrer said.