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LandBank ready to merge with DBP

LAND Bank of the Philippines (LandBank) affirmed its readiness for a potential merger with the Development Bank of the Philippines (DBP), emphasizing the importance of effectively managing the integration process.

'From LandBank's perspective, we are prepared, if it happens, we have a team prepared to actually execute the merger,' LandBank President and Chief Executive Officer Lynette Ortiz told reporters during a Bangko Sentral ng Pilipinas event on Friday.