Land Bank of the Phils opens new branch in Buluan, Maguindanao
By SHAHANA JOY E. DUERME
KORONADAL City — The Land Bank of the Philippines (LBP) formally opened its new branch in the Buluan, Maguindanao.
Gilda E. Pico, president and CEO of Land Bank said the new branch will serve the neighboring communities, adding that the bank aims to provide good service as well as to contribute growth and development to its service areas.
“We appeal to different business sectors and government agencies to deposit their accounts in this bank to avoid losing this new branch,” Pico said.’
As the number four leading bank in the country, LBP helps in the organization of the Conditional Cash Transfer (CCT) of the Department of Social Welfare and Development (DSWD) and other government projects such as housing, power and water system, farm to market roads and schools.
Meanwhile, the province of Maguindanao is set to transfer its accounts to the new bank in the province.
kful for Land Bank in choosing the place to put up their new branch as this will help prosper peace and development in the area.
“This will serve as a milestone of development because this will help in alleviating poverty as investors and businessmen are expected to come in the place,” he further said.
The new bank is the second branch in the province while the other is located in the municipality of Parang.
In his message read by Engr. Tunga, Maguindanao Gov. Esmael Mangudadatu extended his appreciation to the officials of the bank for being the partner of development again being the conduit bank of the province during the construction of the public market in 2005.