March 21, 2023

Landbank opens 4 new Agri-Hubs for farmers, fishers

The government-run bank established four Agri-Hubs in the last week of December, which will provide various services to the country’s top rice-producing provinces.

Bankero, Landbank President and CEO Cecilia C. Borromeo underscored how the continued expansion of Landbank Agri-Hubs across the country affirms the bank’s commitment to deliver responsive and timely financial services to the agriculture sector. “We strive to make our banking products and services more accessible especially in underserved areas to help boost agricultural production and build stronger local communities,” Borromeo said.

Landbank opened Agri-Hubs in the Plaridel and Claveria municipalities of Misamis Occidental, as well as in San Fernando, Bukidnon, and Bongabong, Oriental Mindoro. In total, these will serve over 50,000 farmers and fishers.

In addition to banking and lending services, the Agri-hubs will offer agrarian services such as processing of Agrarian Reform (AR) bonds and handling of agrarian-related concerns from landowners, bondholders, and agrarian reform beneficiaries (ARBs).

With these new additions, the total number of the bank’s Agri-Hubs in the country has increased to 16, supplementing its 607 Branches and 58 lending centers nationwide.