LAND Bank of the Philippines (LandBank) and Bangko Sentral ng Pilipinas (BSP) on Thursday announced initiatives aimed at increasing the agriculture credit share of all loans to benefit small farmers and fishermen.

During the “Can Banks Step Up Farm Credit to Prime Countryside Progress?” agri-financing forum at the University of Asia and the Pacific (UA&P) in Pasig City, LandBank President Alex Buenaventura said the state-run lender would extend loans to farmers and fishermen through direct marketing.

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