Land Bank of the Philippines
The Land Bank of the Philippines (Landbank) reaffirms its financial strength and stability, following its P50-billion contribution to the Maharlika Investment Fund (MIF), and remains fully committed to its mandate as a reliable partner to the national government’s inclusive development agenda.
The state-run bank has consistently met and exceeded the minimum requirements of the Bangko Sentral ng Pilipinas (BSP) for Capital Adequacy Ratio (CAR)—a critical benchmark of financial health—as it stays financially robust with no urgent need for additional capital.
Earlier this year, Landbank remitted P32.119 billion in cash dividends to the national government—the highest among all government-owned and -controlled corporations (GOCCs) and in the Bank’s history. This milestone reflects the Bank’s sustained financial strength and ability to generate consistent revenues while fulfilling its developmental mandate.
As of Nov. 30, 2024, Landbank’s CAR remains at a healthy level of 16.42%, which is well above the 10% regulatory threshold—further demonstrating its resilience against financial and operational risks.
Following the P50-billion seed capital allocation to the MIF in September 2023, Landbank’s CAR stood at 16.20%, remaining comfortably above regulatory requirements and reflecting the Bank’s commitment to financial stability.
The Bank also clarified that regulatory relief was sought from the BSP as a proactive measure to maintain resilience.
Landbank has consistently adhered to prudent financial management practices, effectively utilizing its resources to promote agriculture, fisheries and rural development, and empower key development sectors. (PR)