State-owned Land Bank of the Philippines remitted P32.35 billion in dividends to the national government following a record financial performance in fiscal year 2025, the Department of Finance (DOF) said Monday.
The dividend remittance was fueled by a 24-percent increase in the bank’s net income, which reached P43.98 billion in 2025. The DOF sasid the payment underscores the state-run lender’s profitability and its capacity to fund national development projects without the need for additional taxes.
Under Republic Act No. 7656, also known as the Dividend Law, government-owned and controlled corporations are mandated to remit at least 50 percent of their annual net earnings to the National Treasury. These contributions serve as a vital source of non-tax revenue for priority state programs.
“LandBank’s continuous support and strong performance proves why it is and will always be a steadfast partner of the government in our mission to improve the lives of Filipinos,” LandBank chair and Finance Secretary Frederick Go said.
The bank reported that its 2025 growth was led by broad-based loan expansion, improved credit oversight and disciplined risk management. By the end of the year, total assets climbed to P3.52 trillion while capital stood at P278.44 billion.
LandBank president and chief executive Lynette Ortiz said the remittance represents a deliberate investment in the country’s future.
“It strengthens the government’s capacity to fund critical programs that uplift communities, promote inclusive development, and expand economic opportunities, while enabling us to continue supporting agriculture and other priority sectors,” Ortiz said.
The lender said its Agriculture, Fisheries and Rural Development loan portfolio reached P896.61 billion by December 2025. This specialized lending accounted for 53.5 percent of the bank’s P1.68-trillion gross loan portfolio for the year.
