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.
Read more about Land Bank Of The Philippines: History, Subsidiaries and Affiliates, Ownership, Competition, Branches
Famous quotes containing the words land and/or bank:
“The land of faery
Where nobody gets old and godly and grave,
Where nobody gets old and crafty and wise,
Where nobody gets old and bitter of tongue.”
—William Butler Yeats (1865–1939)
“People get a bad impression of it by continually trying to treat it as if it was a bank clerk, who ought to be on time on Tuesday next, instead of philosophically seeing it as a painter, who may do anything so long as you don’t try to predict what.”
—Katharine Whitehorn (b. 1926)