The Land Bank of the Philippines posted a 29-percent decline in net income for the first half of 2014 from a year earlier, but the state-owned bank remains confident it will meet its profit target for the full year.

In a statement on Friday, the LandBank reported a first-half net income of P6.0 billion, down from P8.5 billion earned in the same period of 2013.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details