LandBank-DBP merger, kanselado

Share

KANSELADO na ang planong merger o pagsasanib ng Development Bank of the Philippines at Land Bank of the Philippines.


Ito ay ayon kay Finance Secretary Ralph Recto, dahil magkaiba raw ang mandato ng LandBank at DBP at mas makapaglilingkod sila sa kani-kanilang kliyente kapag naririyan silang pareho.


“Their mandates are totally different. So, I think we are better off with two of them,” ayon kay Recto kahapon.


Matatandaang ang merger ay plano ng noo’y Finance Secretary Benjamin Diokno noong Marso 2023, at matitira na lamang dito ang LandBank.


“It’s not pushing through because basically there is no benefit gained from combining the two institutions. We have separate mandates and it’s best for the country that both institutions remain independent, pursuing their separate mandates,” ayon kay DBP President at CEO Michael de Jesus, nitong Peb. 12.

BASAHIN  43 sasakyan ng Pasig LGU ginamit para sa 'Libreng Sakay,' ilang driver hindi nakisali sa unang araw ng transport strike

Kung natuloy ang merger, ito’y ay lilikha ng pinakamalaking bangko sa bansa, base sa assets nito. Ang pinagsamang assets ng dalawang bangko ay umabot sa P4.185 trillion at deposit base na ₱3.588 trillion.

LATEST STORIES

LTFRB issues show cause orders to 21 bus and uv express operators over violations

THE Land Transportation Franchising and Regulatory Board (LTFRB) has ramped up its enforcement efforts across Metro Manila, issuing 21 Show Cause Orders (SCOs) to...

Angara backs proposed law to institutionalize comprehensive campus safety

EDUCATION Secretary Sonny Angara has expressed full backing for Senate Bill No. 2426, or the proposed Comprehensive School Safety Act, authored by Senate Committee...

Malacañang reallocates executive office furniture to four Rizal public schools

IN a bid to maximize government resources and upgrade public school infrastructure, the Office of the President (OP) has transferred executive office furniture and...

DepEd launches AI-powered Project LIGTAS+ to safeguard schools and cut learning loss

IN a major effort to shield students from chronic disruptions caused by natural disasters, the Department of Education (DepEd), under Education Secretary Sonny Angara,...

DTI, TikTok Shop, Converge Forge Partnership to Empower MSMEs Online

THE Department of Trade and Industry (DTI), TikTok Shop, and Converge SME Solutions have formalized a strategic tripartite partnership to accelerate the digital transformation...

Lola instant doña sa Lotto

Donya na agad ang isang 60-anyos na lolang kumubra ng kanyang napanalunan na P22,896,342.80 sa pagtaya ng Lotto 6/42 jackpot sa Philippine Charity Sweepstakes...