17. März 2023

LANDBANK backs LGUs that have P10-million disaster loan compared to COVID-19

LANDBANK backs LGUs that have P10-million disaster loan compared to COVID-19

The federal and state tax submitting work deadlines was prolonged so you can July fifteen. The new due date with the City of Boston’s property income tax costs features started longer in order to Summer step 1.

Economic Instruction

The fresh new Roxbury Heart to possess Monetary Empowerment also offers totally free monetary lessons to help you help residents learn to score to come – otherwise stay afloat – on the money he’s got. One’s heart currently now offers lessons from another location. Get in touch with otherwise 617-541-2670 to-be regarding a financial mentor.


Sadly, some people use the new COVID-19 crisis to attempt to take advantage of others. Be careful out of scammers creating fake facts, causes, or services. If you think you’ve been focused of the a scammer, you might document a study into Massachusetts Lawyer General’s Workplace. Find out about well-known cons.


The fresh Land bank of one’s Philippines (LANDBANK) are introducing another financing program to greatly help State government Products (LGUs) toward purchase of items and you can procurement out of qualities to support their constituents in the COVID-19 crisis.

The bank is allocating P10 million towards the LANDBANK Repair (Assist via Disaster Financing Recommendations to own LGUs) System as the emergency funding for provincial, area, and municipal governing bodies.

“The latest Repair System are LANDBANK’s technique for supporting all of our LGUs deliver instantaneous wellness qualities, eating, and first products on the constituents during this crisis. Our LGUs has reached the fresh vanguard of the hardship, and also as all of our partners during the innovation, we shall continue to funds their recuperation and you will treatment need,” LANDBANK President and Chief executive officer Cecilia C. Borromeo said.

Both consumer and you will low-client LGUs of one’s Financial at an easily affordable fixed interest of 5% per annum, payable as much as a maximum of 5 years, with a-one-12 months grace months to your dominating commission.

The new LANDBANK Heal System is additionally to get Republic Work Zero. 11469, also referred to as the latest “Bayanihan in order to Restore overall Work,” saying your state from federal fitness crisis, and has Chairman Rodrigo R. Duterte the benefit and power to handle immediate tips to combat COVID-19. This consists of the brand new provision regarding fast and reasonable borrowing from the bank to impacted circles, especially in the latest country side.

Curious LGUs could possibly get contact the fresh nearest discover LANDBANK Lending Cardio or Part nationwide, otherwise call LANDBANK’s support service hotline on (02) 8-405-7000 or during the PLDT Home-based Toll-free 1-800-10-405-7000.

For more condition and you will visitors advisories, excite make sure to pursue, eg, and you can share the official LANDBANK social media profile-to own Facebook and you will Instagram: , and for Facebook: , as well as the LANDBANK web site: landbank .

Almost every other Tales

This new Land bank of your own Philippines (LANDBANK) established that every new clients applying for an effective LANDBANK deposit account is going to be offered good cardless membership, active . The brand new customers might be enrolled in the newest LANDBANK iAccess and Mobile Financial Software (MBA), and will make use of having smoother usage of digital banking attributes, and inter-lender deals via InstaPay and you will PESOnet. Cardless account holders also can utilize the LANDBANK MBA to view their account and you may withdraw bucks out-of 2,889 LANDBANK Automated Teller Machines (ATMs) all over the country, that happen to be up-to-date having a cardless detachment feature. Cardless dollars put will additionally be available through 231 LANDBANK Dollars Deposit Servers (CDMs) across the country. However, the latest LANDBANK users can still opt for an actual physical LANDBANK Atm card getting a minimal fee regarding P. The official-work with Bank assures users it maintains the greatest quantity of coverage in every the possibilities, while also reminding consumers to remain vigilant up against on the web banking ripoff and you can frauds.

The fresh LANDBANK Umingan Part when you look at the Pangasinan facilitates brand new distribution out of P5,100000 bucks assistance to character-beneficiaries underneath the direct payday loans Cadillac MI Grain Competition Improvement Fund – Grain Growers Financial help (RCEF-RFFA) Program. Together with the brand new Agency regarding Farming (DA), the Land bank of your own Philippines (LANDBANK) continues to find yourself the fresh new delivery of cash features in order to farmer-beneficiaries under the Grain Competition Enhancement Loans – Rice Growers Financial assistance (RCEF-RFFA) Program. As of , LANDBANK has produced Input Keeping track of Notes (IMCs) for 54,188 beneficiaries across the country, where twenty-six,523 hail regarding the state out-of Pangasinan; 8,011 away from Cagayan; 7,047 off Isabela; seven,204 out of Sultan Kudarat; as well as the rest from the provinces of Tarlac, Pampanga and you can Camarines En ce qui concerne. From LANDBANK IMCs, the newest beneficiaries are to found P5, property value bucks recommendations per to find requisite farm enters and increase agricultural returns. Within the romantic dexterity on the Da, LANDBANK has actually as well started accounts for another 118,857 character-beneficiaries getting instant creation and you will distribution of one’s own LANDBANK IMCs. LANDBANK serves as the disbursing arm of your own RCEF-RFFA System, built to render responsive financial support to eligible character beneficiaries known by Weil, as part of the implementation of Republic Work No. 11203 also referred to as brand new Rice Tariffication Laws (RTL).