Money

Landbank sets up 4 agri hubs

The Land Bank of the Philippines has established four agri-hubs in December, which will provide banking, lending, and agrarian services in the country’s top rice-producing provinces and unbanked and underserved rice farming areas.

The Land Bank of the Philippines has established four agri-hubs in December, which will provide banking, lending, and agrarian services in the country’s top rice-producing provinces and unbanked and underserved rice farming areas.

“Amidst the ongoing pandemic, Landbank remains steadfast in delivering safe and reliable financial services to unbanked and underserved communities in the country,” said Landbank president and CEO Cecilia C. Borromeo.

“We will continue to intensify support and respond to the developing needs of the agriculture sector, most especially the small farmers and fishers,” she added.

Landbank inaugurated its first-ever agri-hub in the municipality of Calabanga, Camarines Sur to service farmers and fishers from the area, alongside neighboring municipalities of Siruma, Bombon, Magarao and Tinambac.

Meanwhile, the Barotac Viejo Agri-Hub in Iloilo will serve the 26 barangays of the municipality of Barotac Viejo, as well as the nearby towns of Banate and San Rafael.

The Sual agri-hub in Pangasinan—the first Agri-Hub in North Luzon— will bring the bank’s services closer to farmers and fishers in the municipality of Sual and Labrador.

Meanwhile, the Echague agri-Hub in Isabela will cater primarily to the 2,533 farmers within the 64 barangays in the municipality.

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