LANDBANK Remits ₱32.4 Billion to National Treasury

The Land Bank of the Philippines has remitted ₱32.4 billion in dividends to the National Treasury, further solidifying its role as a key financial engine in sustaining the government’s priority programs and projects.

LANDBANK is mandated under Republic Act No. 7656, or the Dividend Law, to remit at least half of its annual net earnings to the National Government. (Photo: Land Bank of the Philippines Facebook)

With this substantial remittance, the state-run bank reaffirms its role as a key partner in nation-building and in uplifting the lives of Filipinos, according to LANDBANK Chair and Department of Finance (DOF) Secretary Frederick D. Go.

LANDBANK, along with all other government-owned and controlled corporations (GOCCs), is mandated under Republic Act No. 7656, or the Dividend Law, to remit at least half of its annual net earnings to the National Government.

The DOF chief emphasized that dividends are a major source of non-tax revenues for the national government to fund development initiatives without the need to impose new taxes.

“LANDBANK’s continuous support and strong performance prove why it is, and will always be, a steadfast partner of the government in our mission to improve the lives of Filipinos,” Go said.

The dividend reflects the bank’s robust profitability and sustained ability to deliver meaningful support for national development, he added.

The ₱32.4 billion dividend contribution marks LANDBANK’s strongest performance to date. In 2025, the bank’s net income rose by 24% to ₱43.98 billion from ₱35.36 billion in 2024.

This high-level performance was driven by broad-based loan growth, strengthened credit oversight, and disciplined risk management, the bank noted.

LANDBANK President and CEO Lynette V. Ortiz underscored that the dividend remittance is a deliberate investment in the country’s future.

“It strengthens the government’s capacity to fund critical programs that uplift communities, promote inclusive development, and expand economic opportunities, while enabling us to continue supporting agriculture and other priority sectors,” she said.

She added that LANDBANK closed 2025 with record balance sheet levels, reflecting its strengthened financial position.

Total assets reached an unprecedented ₱3.52 trillion, while capital stood at ₱278.44 billion.

The bank has grown its Agriculture, Fisheries, and Rural Development (AFRD) loan portfolio to ₱896.61 billion as of December 2025, accounting for 53.5% of its total gross loan portfolio of ₱1.68 trillion, affirming its role as the country’s leading credit provider to agriculture and rural communities.