LandBank extends P20-B loans in April

By Jordeene B. Lagare

May 24, 2021 1:45 am

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.

Land Bank of the Philippines

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