Land Bank of the Philippines
Overview
 
Land Bank of the Philippines (Filipino
Filipino language
This move has drawn much criticism from other regional groups.In 1987, a new constitution introduced many provisions for the language.Article XIV, Section 6, omits any mention of Tagalog as the basis for Filipino, and states that:...

: Bangko sa Lupa ng Pilipinas), also known as LANDBANK or by its initials, LBP, is a bank
Bank
A bank is a financial institution that serves as a financial intermediary. The term "bank" may refer to one of several related types of entities:...

 in the Philippines
Philippines
The Philippines , officially known as the Republic of the Philippines , is a country in Southeast Asia in the western Pacific Ocean. To its north across the Luzon Strait lies Taiwan. West across the South China Sea sits Vietnam...

 owned by the Philippine government with a special focus on serving the needs of farmer
Farmer
A farmer is a person engaged in agriculture, who raises living organisms for food or raw materials, generally including livestock husbandry and growing crops, such as produce and grain...

s and fishermen
Fisherman
A fisherman or fisher is someone who captures fish and other animals from a body of water, or gathers shellfish. Worldwide, there are about 38 million commercial and subsistence fishermen and fish farmers. The term can also be applied to recreational fishermen and may be used to describe both men...

. While it provides the services of a universal bank, it is officially classified as a "specialized government bank" with a universal banking license.

LANDBANK is the fourth largest bank in the Philippines in terms of assets and is the largest government-owned bank.
 
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