Landbank opens 4th Zambales branch

MANILA, Philippines — State-run Land Bank of the Philippines opened its branch in Masinloc, Zambales in line with its aggressive efforts to promote financial inclusion especially to the unbanked and underserved areas in the country.

This is the fourth branch of Landbank in the province of Zambales, complementing its operations in Iba, Subic, and Olongapo City.

Landbank president and chief executive officer Cecilia Borromeo said the bank’s expanding reach in Zambales is a testament to our commitment to support the economic growth of the province.

“The opening of the Masinloc branch is also consistent with our inclusive development thrust of establishing additional touchpoints for our priority sectors – the farmers and fishers who are in need of our services the most,” Borromeo said.

Landbank is currently servicing more than 10,000 farmers and fishers in the province engaged in rice production, trading, and fishing.

It has a network of 409 branches, 46 lending centers, 2,195 ATMs, and 160 Cash Deposit Machines nationwide.