CEBU - The Land Bank of the Philippines (LANDBANK) strengthened its ties with the Provincial Government and vowed its continued support for Cebu’s Enhanced Countryside Development (ECD) Program for farmers and fisherfolk.
LANDBANK President and CEO Cecilia Borromeo met recently with Cebu Governor Gwendolyn Garcia, together with LANDBANK Executive Vice President Liduvino Geron, Corporate Banking Group Head, Senior Vice President Celeste Burgos, East Visayas Branches Group Head, Senior Vice President Khurshid Kalabud, and Visayas Lending Group OIC, Vice President Allan Bisnar, among other LANDBANK officials.
The LANDBANK said it has an ongoing partnership with the Provincial Government under the ECD Program to finance the agricultural production of local farmers and fisherfolk, especially those who are residing in underdeveloped areas in Cebu.
The program, it said, also offers capital to expand or restart existing businesses affected by the Covid-19 pandemic, among others.
Since the initial roll-out of the ECD Program in
March 2021, LANDBANK has approved loans for 767 farmers and fisherfolk engaged
in the production of swine, high-value crops, and fisheries in the province.
(Richard Ebona)
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