CAPITOL Site, Cebu – The Land Bank of the Philippines (LANDBANK) strengthened its ties with the provincial government of Cebu during a courtesy visit on September 15, 2022, as the bank expressed its continued support for the province’s Enhanced Countryside Development (ECD) Program for farmers and fisherfolk.
LANDBANK President and CEO Cecilia C. Borromeo met with Cebu Governor Gwendolyn F. Garcia, together with LANDBANK Executive Vice President Liduvino S. Geron, Corporate Banking Group Head, Senior Vice President Celeste Burgos; East Visayas Branches Group Head, Senior Vice President Khurshid Kalabud; and Visayas Lending Group OIC, Vice President Allan Bisnar, among other LANDBANK officials.
The bank has an ongoing partnership with the provincial government under the ECD Program to finance the agricultural production of local farmers and fisherfolk, especially those who are residing in underdeveloped areas in Cebu. The program also offers capital to expand or restart existing businesses affected by the Covid-19 pandemic, among others.
Since the initial roll-out of the ECD Program in March 2021, LANDBANK has approved loans for 767 farmers and fisherfolk engaged in the production of swine, high-value crops, and fisheries in the whole Province of Cebu./PN
