Land Bank of the Philippines (LandBank) has approved more than P62 billion in loans to 194 local government units (LGUs) under its program that aims to revive local economies from the coronavirus pandemic’s impact.

The government-run bank said in a statement on Wednesday it had cleared P62.32 billion under its Restoration and Invigoration package for a Self-Sufficient Economy toward UPgrowth for LGUs (RISE-UP LGUs) lending program.

Premium Subscription
P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Access to subscriber exclusive website contents
  • Access to the Digital Edition (up to 3 devices)

TRY FREE FOR 30 DAYS
Digital + Print
P 830 per month
(billed annually at P 9,960)
  • Ad-free online access
  • Access to the Digital Edition
  • Print copies**
***Delivery charges may apply to subscribers outside of Metro Manila

(No free trial for this plan)