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Land Bank of the Philippines (LBP; often referred to simply as LandBank), is a government-owned bank in the Philippines with a special focus on serving the needs of farmers and fishermen. While it provides the services of a universal bank , it is officially classified as a "specialized government bank" with a universal banking license.
A personal loan is money that you borrow to cover a one-time expense. The most common reason people use personal loans is to pay down high-interest debt, thanks to their relatively low interest ...
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Land Bank of the Philippines, a bank in the Philippines with a special focus on serving the needs of farmers and fishermen; Land banking, the buying and holding (rather than developing) of land for future development or use; Land bank (banking), a bank that issues long-term loans on real estate in return for mortgages
The Overseas Filipino Bank (OFBank) is the state-owned digital-only, branchless bank in the Philippines.Formerly known as the Philippine Postal Savings Bank (PPSB) or PostBank, it is the smallest of the Philippines' three state-owned banks (the others being Land Bank of the Philippines and Development Bank of the Philippines), and is the 16th largest thrift banks in terms of assets.
The Philippine National Bank was established as a government-owned banking institution on July 22, 1916. Its primary mandate was to provide financial services to Philippine industry and agriculture and support the government's economic development effort.
In 1995, DBP was granted an expanded banking license and attained universal banking status. President Fidel Ramos signed Republic Act No. 8523 in 1998, amending DBP's 1986 charter. Among the major provisions incorporated in the new DBP charter were the increase of authorized capital stock from ₱5-billion to ₱35-billion , and the creation of ...
Loan origination is the process by which a borrower applies for a new loan, and a lender processes that application. Origination generally includes all the steps from taking a loan application up to disbursal of funds (or declining the application). For mortgages, there is a specific mortgage origination process.
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