LANDBANK leads GOCCs as top dividend contributor for third consecutive year

Reinforcing its strong support for national development, LANDBANK and its subsidiaries declared a total of PHP 32.57 billion in dividends to the National Government, emerging once again as the country’s top dividend contributor among government-owned or -controlled corporations (GOCCs).

The bank’s leadership was highlighted during the 2026 GOCC Day celebration on July 8, 2026, at Malacañang Palace, led by President Ferdinand R. Marcos Jr. and Finance Secretary and LANDBANK Chairman Frederick D. Go. At the event, the Department of Finance (DOF) recognized GOCCs for collectively contributing a record PHP 147.15 billion in dividends in 2026 — a 29% increase from the previous year.

Of the total LANDBANK Group contribution, the bank declared PHP 32.35 billion from its 2025 earnings. This follows a record PHP 33.53 billion remitted in 2025 and PHP 32.12 billion in 2024, solidifying LANDBANK’s position as the National Government’s top dividend-contributing GOCC for the third consecutive year.

LANDBANK President and CEO Lynette V. Ortiz received the citation on behalf of the bank. “LANDBANK’s consistent dividend contributions demonstrate how financial strength can be translated into public value. As the largest government bank, we remain committed to supporting national development through meaningful contributions that help fund programs benefiting millions of Filipinos,” President and CEO Ortiz said.

The bank’s overall contribution was bolstered by its subsidiaries, namely LANDBANK Insurance Brokerage, Inc. (LIBI), represented by Chairman Tomas T. de Leon Jr.; LANDBANK Leasing and Finance Corporation (LLFC), represented by Board Member Nanziancino M. Dilay; and LBP Resources and Development Corporation (LBRDC), represented by President and CEO Ricardo C. Juliano.

LANDBANK also earned recognition for participating in the GOCCs’ Service Caravan held in Cagayan de Oro City on June 29–30, 2026, which brought essential government services closer to local communities.

The remittances are made pursuant to Republic Act No. 7656, or the Dividend Law, which requires GOCCs to remit at least 50% of their annual net earnings to the National Government. These contributions highlight how GOCCs transform national assets into progress, reinforcing LANDBANK’s broader commitment to funding vital infrastructure, health care, and inclusive growth across key development sectors nationwide.