MarketLine Company Profile: Land Bank of the Philippines.

Land Bank of the Philippines (Land Bank) is a government-owned financial institution that offers a range of credit services to various sectors through its network of around 343 branches. The bank offers loan services to sectors such as the farmers and fishermen, small and medium enterprises and microenterprises, livelihood loans and agribusiness, agri-infrastructure and other agri- and environment-related projects, socialized housing, and schools and hospitals. Land Bank operates in Philippines, where it is headquartered in Manila. *The bank recorded revenues of PHP26,732 million (approximately $635.2 million) in the fiscal year ended December 2012, an increase of 6.6% over 2011. The bank's operating profit was PHP10,915 million (approximately $259.3 million) in fiscal 2012, an increase of 18.4% over 2011. Its net profit was PHP10,108 million (approximately $240.2 million) in fiscal 2012, an increase of 12.1% over 2011.