The Philippines Department of Finance, through Finance Secretary and LANDBANK Chair Frederick D. Go, welcomed the state-owned Land Bank of the Philippines’ declaration of PHP 32.35 billion in dividends to the National Government, positioning the remittance as a key source of non-tax revenue to fund priority programmes and projects. Government-owned and controlled corporations are required under Republic Act No. 7656 (Dividend Law) to remit at least half of their annual net earnings to the National Government. The release linked the dividend to LANDBANK’s 2025 results, including a 24% rise in net income to PHP 43.98 billion, record total assets of PHP 3.52 trillion, and capital of PHP 278.44 billion. As of December 2025, the bank’s Agriculture, Fisheries, and Rural Development loan portfolio reached PHP 896.61 billion, representing 53.5% of its PHP 1.68 trillion gross loan portfolio.
Department of Finance (Philippines) 2026-03-30
Philippines Department of Finance welcomes LANDBANK PHP 32.35 billion dividend declaration to the National Government
The Philippines Department of Finance announced that state-owned Land Bank of the Philippines will remit PHP 32.35 billion in dividends to the National Government, providing non-tax revenue for priority programmes and projects. The dividend is based on LANDBANK’s 2025 performance, including a 24% increase in net income to PHP 43.98 billion, record total assets of PHP 3.52 trillion, and an Agriculture, Fisheries, and Rural Development loan portfolio of PHP 896.61 billion, or 53.5% of its PHP 1.68 trillion loan book.