The Land Bank of the Philippines has remitted a record-high ₱33.53 billion in cash dividends to the national government this year, the highest among all government-owned and controlled corporations (GOCCs) for the second consecutive year.
The remittance is 4.4 percent higher than last year’s ₱32.12 billion, reaffirming Land Bank’s position as the government’s top corporate dividend contributor. According to Land Bank president and CEO Lynette Ortiz, the payout demonstrates the bank’s “unwavering support for government priorities that uplift lives and communities,” emphasizing its role in driving inclusive national growth.
The remitted funds are expected to help finance priority infrastructure and socio-economic programs, reinforcing the bank’s role in state-led development efforts.
The record dividend comes amid strong financial results, with Land Bank posting an 11 percent year-on-year growth in net income to ₱13.29 billion in Q1 2025. Total assets rose 5 percent to ₱3.426 trillion, supported by expanding loan and investment portfolios.
A significant share of its lending—₱844.61 billion or 53.4 percent of its ₱1.58 trillion total loan book—was channeled into Agriculture, Fisheries, and Rural Development (AFRD). This supported nearly 28,000 new small farmers and fishers in the first quarter alone, bringing total assisted beneficiaries to over 4 million.
As the largest development financial institution in the country, with presence in all 82 provinces, Land Bank continues to play a critical role in rural financing and economic inclusion.
