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State-owned Land Bank of the Philippines (Landbank) has extended P3.8 billion in loans to farmers and fishers under the government’s various program.

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                    [Title] => DA hit for underutilization of P1-B fund for farmers
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Vice President Jejomar Binay hit yesterday the Department of Agriculture (DA)’s underutilization of a P1-billion fund intended to help small farmers and fishermen in the country.

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                    [Title] => Loan releases under AMCFP up 151%
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                    [Title] => Government lends P161 billion to microfinance clients
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CREDIT AND FINANCE CORP

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State-owned Land Bank of the Philippines (Landbank) has extended P3.8 billion in loans to farmers and fishers under the government’s various program.

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                    [Title] => Government lends P161 billion to microfinance clients
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The government in partnership with private financing institutions has extended more than P161 billion in loans to some 5.8 million Filipino microfinance clients and entrepreneurs since July 2004 to April this year, Malacañang said yesterday.
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The country’s rural banking system has generated roughly 67 percent of net new employment generated in the entire Philippine banking industry at the start of the 21st century.
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                    [ColumnID] => 133272
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abtest

Landbank extends P3.8 B loans to farmers, fisherfolks

By Lawrence Agcaoili | January 4, 2016 - 9:00am

State-owned Land Bank of the Philippines (Landbank) has extended P3.8 billion in loans to farmers and fishers under the government’s...

Business

Microfinance program provides easy loans to farmers, fishermen

December 19, 2015 - 9:00am

Inadequate capital is a common constraint among small-scale farmers and fisherfolk.

Agriculture

DA denies underutilization of funds

December 5, 2015 - 9:00am

The Agricultural Credit Policy Council (ACPC), the farm credit policy body of the Department of Agriculture (DA), yesterday denied underutilizing the funds allocated under the Agriculture and Fishery Financing Program...

Headlines

DA hit for underutilization of P1-B fund for farmers

By Ghio Ong | December 1, 2015 - 9:00am

Vice President Jejomar Binay hit yesterday the Department of Agriculture (DA)’s underutilization of a P1-billion fund intended to help small farmers and fishermen in the country.

Headlines

Loan releases under AMCFP up 151%

April 1, 2013 - 12:00am

Loans released under the Agro-Industry Modernization Credit and Financing Program (AMCFP) surged by 151 percent in 2012 from a year ago because of the implementation of a mandatory deposit scheme.

Business

Incentives eyed for banks lending to SMEs

By Louella Desiderio | July 22, 2012 - 12:00am

The government is looking at providing incentives for banks that extend loans to small and medium enterprises (SMEs) to encourage lending to the sector, a cabinet official said.

Business

PCFC gets new partners

August 10, 2010 - 12:00am

The People’s Credit and Finance Corp. (PCFC) has partnered with Agencia Española de Cooperación Internacional para el Desarrollo (AECID) and Fundación CODESPA to launch new microfinance...

Banking

Microfinance success and perils

By Rey Gamboa | September 4, 2009 - 12:00am

Microfinance is growing by leaps and bounds in the country.

Business

Government lends P161 billion to microfinance clients

By Paolo Romero | July 6, 2009 - 12:00am

The government in partnership with private financing institutions has extended more than P161 billion in loans to some 5.8 million Filipino microfinance clients and entrepreneurs since July 2004 to April this year,...

Business

Rural banks account for 67% of jobs in banking

By Ted P. Torres | December 23, 2008 - 12:00am

The country’s rural banking system has generated roughly 67 percent of net new employment generated in the entire Philippine banking industry at the start of the 21st century.

Banking