LandBank to Increase Exposure to Agri Sector
State-run Land Bank of the Philippines is planning to further increase its exposure to agricultural loans, which is now currently at 22.17 percent and the highest in the banking industry, according to top officials.
In an interview late Tuesday, Landbank president and chief executive officer Cecilia Borromeo said the bank is planning to submit to President Duterte its plan, which would lay out programs and strategies to increase lending to the agriculture sector.
