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LIPA, Batangas—Spouses Jerome and Anna Trofeo were having trouble sourcing healthy hogs to meet their customers’ requirements two years ago, with the African Swine Fever significantly affecting hog growers nationwide. Determined to keep their “Annie & Jerome Trofeo” meat stall running, Anna decided to expand their business and establish their…
Landbank's Agrisenso: Innovation key to boosting livestock industry
PIA NCR file photo CALOOCAN CITY, April 26 (PIA) -- The Land Bank of the Philippines (LandBank) conveyed its steadfast commitment to provide responsive financing to farmers, fishers, and other players in the agribusiness value chain during the culmination of its Online Stakeholder’s Consultation Forum recently. LandBank President and CEO Cecilia C. Borromeo assured stakeholders of the bank’s continued efforts in addressing emerging challenges and issues faced by clients in accessing agricultural credit amid the COVID-19 pandemic. “We welcome the issues raised and suggestions gath...
Published April 21, 2021, 10:52 AM Amid the prevalence of African Swine Fever (ASF), state-run lender Land Bank of the Philippines (LANDBANK) has doubled its credit commitment to the local swine industry from P15 billion to P30 billion. This, according to the bank, will help local pork producers and feed millers to repopulate and stay in operations amid ASF. The move came after Finance Secretary and LANDBANK Chairman Carlos Dominguez III ordered the state lender to double its support for hog raisers, feed millers, and other industry players dealing with supply shortfalls and retail price spir...
SunStar + April 21, 2021 THE Land Bank of the Philippines (Landbank) is raising its available loan window in support of local pork producers and feed millers to P30 billion, from P15 billion, to finance stock repopulation and feed milling operations of stakeholders reeling from the adverse impact of the African swine fever (ASF). This came following the directive from Finance Secretary and Landbank Chairman Carlos Dominguez III for the state lender to double its support for hog raisers, feed millers and other industry players dealing with supply shortfalls and retail price spiral...