State-run Land Bank of the Philippines said Tuesday it has released P2.5 billion worth of credit assistance to rice farmers since 2019. In a news release, Landbank said that the amount was released through the Expanded Rice Credit Assistance under the Rice Competitiveness Enhancement Fund (ERCA-RCEF). The ERCA-RCEF forms part of the RCEF, a P10 continue reading : Landbank says loans to rice farmers reach P2.5B
LandBank loans to rice farmers reach P2.2 billion
MANILA – State-owned Land Bank of the Philippines (LandBank) has released PHP2.2 billion loans to rice farmers from January to July this year through the Expanded Rice Credit Assistance under the Rice Competitiveness Enhancement Fund (ERCA-RCEF). In a statement on Sunday, LandBank said the amount was released to 13,701 rice farmers and cooperatives. Of the continue reading : LandBank loans to rice farmers reach P2.2 billion
LANDBANK joins DA in showcasing RCEF success stories
State-owned Land Bank of the Philippines (LANDBANK) recently joined the “Lakbay Palay” event organized by the Department of Agriculture-Philippine Rice Research Institute (DA-PhilRice) in the Science City of Muñoz, Nueva Ecija, to promote the Expanded Rice Credit Assistance under the Rice Competitiveness Enhancement Fund (ERCA-RCEF). During the two-day event, LANDBANK’s RCEF beneficiary Nariza B. Tan continue reading : LANDBANK joins DA in showcasing RCEF success stories
LANDBANK, DA deliver cash aid to 6,200 Cagayan rice farmers
CAGAYAN PROVINCE – More than 6,200 rice farmers from this province received cash assistance worth P5,000 each under the Rice Competitiveness Enhancement Fund – Rice Farmers Financial Assistance (RCEF-RFFA) Program from the Land Bank of the Philippines (LANDBANK). In partnership with the Department of Agriculture (DA), the cash assistance was credited to LANDBANK Intervention Monitoring continue reading : LANDBANK, DA deliver cash aid to 6,200 Cagayan rice farmers
DBP strengthens coops by improving access to bank financing
LAOAG CITY – State-owned Development Bank of the Philippines (DBP) and 14 cooperatives in Ilocos Norte and Ilocos Sur have forged a deal that will improve access to bank financing opportunities and capacity-building initiatives. Through the Expanded Rice Credit Assistance-Rice Competitiveness Enhancement Fund (ERCA-RCEF), the DBP is offering zero-interest loans to all eligible farmers who have continue reading : DBP strengthens coops by improving access to bank financing
Farmers get P8B aid
State-owned lenders Land Bank of the Philippines (Landbank) and the Development Bank of the Philippines (DBP) have facilitated the distribution of over P8.2 billion in aid for farmers, as part of the Department of Agriculture’s (DA) Rice Farmers Financial Assistance Program under the Rice Tariffication Law (RTL). The aid comes in P5,000 tranches for direct continue reading : Farmers get P8B aid
Over 1M rice farmers receive P8.2-B aid via DBP, Landbank: DA
MANILA – The Land Bank of the Philippines (Landbank) and the Development of the Philippines (DBP) have facilitated the distribution of over PHP8.2 billion for the PHP5,000 in direct and unconditional cash aid each to over 1 million qualified small palay farmers from 2019 to 2021, according to data from the Department of Agriculture (DA). continue reading : Over 1M rice farmers receive P8.2-B aid via DBP, Landbank: DA