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Land Bank of the Philippines

Company nameLand Bank of the Philippines
IndustryFinance and Insurance
FoundedManila, Philippines (1963)
HeadquartersManila, Philippines
Key peopleCesar V. Purisima, Chairman
Gilda E. Pico, President and CEO
ProductsFinancial Services
RevenueP31.37 billion PHP (2009)
Net incomeP6.76 billion PHP ((+)34%) (2009) [http://www.landbank.com
Employees7954

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Land Bank of the Philippines (Filipino: Bangko sa Lupa ng Pilipinas), also known as LANDBANK or by its initials, LBP, is a bank in the Philippines owned by the Philippine government with a special focus on serving the needs of farmers and fishermen. While it provides the services of a universal bank, it is officially classified as a "specialized government bank" with a universal banking license.

LANDBANK is the fourth largest bank in the Philippines in terms of assets and is the largest government-owned bank. It is also one of the biggest government-owned and/or controlled corporations in the Philippines.

Unlike most Philippine banks, LANDBANK has an extensive rural branch network. It services many rural sector clients in areas where banking is either limited to rural banks or is non-existent.


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