Department of Finance (DOF) Secretary and Land Bank of the Philippines (LANDBANK) Chairman Ralph G. Recto emphasized the crucial contribution of LANDBANK’s ₱33.53 billion cash dividends to the National Government’s efforts in funding key projects aimed at fostering inclusive growth and sustainable development across the Philippines.
Secretary Recto lauded LANDBANK’s substantial dividend contribution, highlighting its direct impact on the government’s capacity to implement vital programs that will benefit all Filipinos. “LANDBANK’s significant dividend of ₱33.53 billion plays a vital role in enabling the National Government to finance critical projects that drive inclusive growth and sustainable development,” Secretary Recto stated.
He further expressed profound appreciation for LANDBANK’s steadfast support of President Ferdinand R. Marcos Jr.’s national development agenda. Secretary Recto underscored the Bank’s unwavering commitment as a critical partner in advancing programs designed to improve the lives of every Filipino. “We appreciate LANDBANK’s unwavering support of President Ferdinand R. Marcos Jr.’s national development agenda. Their commitment as a critical partner in advancing programs that benefit all Filipinos is truly commendable,” he added.
LANDBANK, as the country’s largest government financial institution, continues to be a pivotal force in promoting countryside development and financial inclusion. Its consistent, robust financial performance directly translates into greater support for the government’s socio-economic initiatives.
