The Land Bank of the Philippines (LandBank) has extended P20.07 billion in loans to entities adversely affected by the coronavirus disease 2019 (Covid-19) pandemic.

In a statement on Sunday, the state-run lender said it provided loans to a total of 434 borrowers comprised of 292 micro, small and medium enterprises (MSMEs), 81 cooperatives, 56 large corporations, and five microfinance institutions (MFIs) as of April 30.

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