The Land Bank of the Philippines is a government financial institution that strikes a balance in fulfilling its social mandate of promoting countryside development while remaining financially viable. This dual function makes Landbank unique. The profits derived from its commercial banking operations are used to finance the Bank's developmental programs and initiatives.
Over the years, Landbank has successfully managed this tough balancing act as evidenced by the continued expansion of its loan portfolio in favor of its priority sectors: the farmers and fisherfolk, small and medium enterprises and microenterprises, livelihood loans and agribusiness, agri-infrastructure and other agri- and environment-related projects, socialized housing, schools and hospitals.
Today, Landbank is by far the largest formal credit institution in the rural areas. Its credit delivery system is able to penetrate a substantial percentage of the country's total number of municipalities. Landbank also ranks among the top five commercial banks in the country in terms of deposits, assets, loans and capital.
From its initial role as the financing arm of the agrarian reform, Landbank has evolved into a full-service commercial bank. But the essence of its existence has not changed at all - and that is to make the countryside continuously throb with life.