Land Bank of the Philippines’ inauguration of new Global City branch
The Land Bank of the Philippines inaugurated its new Global City branch last December 2 at the Shop 1, Luxe Residences, 28th Corner 4th Avenue, Bonifacio Global City.
The Land Bank of the Philippines is a government financial institution that strikes a balance in fulfilling its social mandate of promoting countryside development while remaining financially viable.
Land Bank is just one of the many financial institutions that have found a new home in Taguig’s bustling Bonifacio Global City.
Today, Land Bank is by far the largest formal credit institution in the rural areas. Its credit delivery system is able to penetrate a substantial percentage of the country’s total number of municipalities. Now it is also ranks among the top five commercial banks in the country in terms of deposits, assets, loans and capital.
As the city prides itself with the implementation of ease of doing business policies such as low tax rates, campaign against red tape, one-stop shop business registration, and no number coding, many companies, colleges, universities and bank institutions have transferred to the city of Taguig.