A model of a highly competitive corporation responsive to the needs of the Land Bank Group, its clients and the institutions it supports.
Contribute in building progressive and God-centered communities in the service of humanity and its environment.
MISSION
We shall provide the highest standard of construction, property management, realty and real estate development services supportive of the goals and objectives of Land Bank and its clients.
We shall develop and maintain highly trained, Competent, and motivated professionals committed to the highest standards of Excellence, ethics and integrity.
HISTORY
1. Republic Act 3844
7. Executive Order 229
2. Adoption of By-Laws and Creation of Board of Trustees
8. Republic Act 6657
3. Presidential Decree 27
9. Executive Order 405
4. Presidential Decree 251
10. Republic Act 7907
5. Reorganization
11. Executive Order 267
6. Executive Order 816
12. Increase of Authorized Capital MILESTONES IN CORPORATE EXISTENCE 1. Republic Act 3844 (Agricultural Land Reform Code) - 8 August 1963
Created the Land Bank of the Philippines (LBP) to finance the acquisition and distribution of agricultural estates for division and resale to small landholders as well as the purchase of the landholding by the agricultural lessee;
Authorized capitalization of 1.5 billion Php. Initial capital of 200 million Php;
Members of the Board of Trustees
Chairman - LBP President & CEO
4 Members: including the Head of Land Authority (now Dept. of Agrarian Reform) one member elected by the holder of preferred shares
Under the supervision of the Bangko Sentral ng Pilipinas (BSP);
Tax exempt on all operations, holdings, equipment, property, income and earnings;
Exempted from cash or stock dividend payments to the National Government;
Agricultural Credit Administration (ACA) responsible for extending credit assistance to farmers cooperatives and directly to small farmers back to top
2. Adoption of
Cited: Manila, Philippines (1963) Headquarters Revenue P31.37 billion PHP (2009) Net income P6.76 billion PHP (34%) (2009) [1] History [edit] LANDBANK was established on August 8, 1963 as part of the Agricultural Land Reform Code, or Republic Act No