Download - LBP 2
A Presentationto
05 February 2015PICC, Pasay City
OUTLINE
About LANDBANK
LENDING PROGRAMS FOR LGUs
HOUSING PROGRAMS
• Principal depository of the Philippine government
LANDBANK
Information on
• Priority sectors: Small Farmers and Fisherfolk
Cooperatives; Small and Medium Enterprises (SME) Local Government Units
• CAMELS rating of 4 • Ranked second highest in the
Corporate Governance Scorecard among 40 GOCCs conducted by the Department of Finance and Institute for Corporate Directors
• 100% owned by the Government
LANDBANK
Information on • International Standards
Organization (ISO) Certifications in:
ISO 14001: Environmental Management System
ISO 9001: Quality Management System
• 4th largest bank in the Philippines in terms of : Assets Capital Loans Deposits
AWARDS AND RECOGNITIONS
LANDBANK named as No. 1 Government Securities Dealer for the second straight year
LANDBANK bags 2014 ARTA Breakthrough Agency Award
LANDBANK’s Environmental Due Diligence System is Official Entry for International Best Practices Competition
LANDBANK cited “Outstanding Lending Bank” by BSP
Information on Awards Received:
ADFIAP Award for LANDBANK’s Carbon Finance Support FacilityProgram of Activities for Piggery Farm and Sanitary Landfill Projects
PCCI Excellence in Economy and Ecology AwardLANDBANK’s Environmental Programs and Practices
LANDBANK
Information on Green Bank Champion for
Environmental Due Diligenceby Bankers Institute of the Philippines, Inc.
Karlsruhe Merit Award for Outstanding Sustainable Project Financing
Loan facility extended to the Municipal Government of Sitangkai, Tawi-Tawi
Through the KfW-funded LIP Supplemental II
Conferred by the European Organisation for Sustainable Development
LANDBANK
NUMBER OF BRANCHES and EXTENSION OFFICES
As of 31 December 2014
NCR 85
NORTH & CENTRAL LUZON
73
SOUTH LUZON 69
VISAYAS 54
MINDANAO 70
TOTAL 351
LBP BRANCH
NETWORK
NUMBER OF ATMs
As of 31 December
2014
Total
NCR 325
NCL 267
SL 238
VB 215
MB 293
Total 1,338
LBP ATM NETWORK
FUNDING SUPPORT TO LGUs
Basis of Lending to LGUs
The Local Government Code of 1991 (RA 7160) provides that:
“ any local government unit (LGU) may avail of credit facilities to finance local infrastructure and other socio-economic development projects in accordance with the approved local development plan and public investment program of the LGU.”
• Roads and bridges• Sanitation, drainage & flood control• Water supply• Public market and slaughterhouse• Hospitals
Eligible Projects
• School Buildings• Bus terminals• Ports & Harbors• Computerization of fees and tax collection• Waste management projects• Power generation• Other projects specified in the LGU’s approved local
development plan and public investment plan
Loan Amount• Maximum of 90% of total project cost but not
to exceed the LGU’s Net Borrowing Capacity
Interest Rate• Fixed or variable, based on prevailing
market rates
Loan Term• Maximum of 15 years based on the cash
flow of the project or the estimated useful life of the object to be financed
Collateral
Any or combination of the following:
• Assignment of the LGU’s regular income including portion of Internal Revenue Allotment (IRA) which in no case shall exceed 20% of the LGU’s regular income • Real Estate Mortgage • Chattel Mortgage• Hold-out on Deposits
CollateralCollateral
LOANS OUTSTANDING TO LOCAL GOVERNMENT UNITS
P11.6 BB
P31.3 BB
you
29 Cities29 Cities17 Provinces17 Provinces
213 Municipalities213 Municipalities
29 Cities29 Cities17 Provinces17 Provinces
213 Municipalities213 Municipalities
PROVINCE
CITY
MUNICIPALITY
20 20 CitiesCities4 Provinces4 Provinces
80 Municipalities80 Municipalities
20 20 CitiesCities4 Provinces4 Provinces
80 Municipalities80 Municipalities
PROVINCE
CITY
MUNICIPALITY
20 Cities20 Cities12 12 ProvincesProvinces
91 Municipalities91 Municipalities
20 Cities20 Cities12 12 ProvincesProvinces
91 Municipalities91 Municipalities
LANDBANK Calamity Rehabilitation Support (CARES) Program
Available to various existing and new customers who have been affected by the calamity in areas that were declared under
the state of calamity by the Office of the President and the Local Government Units
YOLANDA RECONSTRUCTION PROGRAM
• Available to areas affected by Typhoon Yolanda
• Eighty Five (85) LGUs submitted 155 project proposals
• Financial Mix of 80% grant and 20% equity• YRP Consultant is currently evaluating these
project proposals
SUPPORT FOR STRATEGIC LOCAL DEVELOPMENT & INVESTMENT PROJECT (S2LDIP)
• Available to areas affected by Typhoon Yolanda and Bohol earthquake
• Financial Mix of 90% grant and 10% loan from S2LDIP
• Memorandum of Agreement (MOA) with DBM and DPWH being finalized
LANDBANK Housing Opportunities Made
Easy ( H.O.M.E. Program )
EASY ACCESS TO SHELTER YOU (EASY) Home Loan
END BUYERS’ TIE UP
BAHAY PARA SA BAGONG BAYANI ( 3B )
HOUSING PROGRAMS
Eligible Borrowers
Filipino citizens 21 years old ( must not be not more than 65 years of age upon loan’s maturity )Borrowers who are either gainfully employed or with lawful and profitable business.
EASY ACCESS TO SHELTER YOU (EASY) Home Loan
Loan Purpose
For the purchase of townhouse, Condominium unit, lot, house & lot, and other residential unit
Construction of a residential building on a lot owned by the borrower
Refinancing of existing housing loan with other banks or Financing Firms or developers’ in-house financing - provided said loan for refinancing has not been past due* with other banks or financing firms in the past 2 years.
Loanable Amount Minimum of P 500,000.00
For Private Applicants The Borrowing capacity of the individual borrower and his / her spouse ( if applicable ) shall be based on the 30% of the verified Gross Monthly Income
For Government Employees The borrowing capacity shall be based on the amount as required by GAA, after housing loan amortization.
Term of Loan The loan shall have a maximum term of twenty (20) years, provided the combined age of the borrower and the term loan shall not exceed 65 years.
Interest RateFixed or Variable based on the applicable EHL Loan Rate
CollateralThe loan shall be secured by residential / commercial real estate properties acceptable to Landbank
END BUYERS-TIE PROGRAM
ELIGIBLE BORROWERS
Individuals / End-buyers of properties from Developers with existing Credit Lines with the bank or have passed the “Accreditation Process” of the bank. With endorsement from LBP-accredited Developer - Filipino Citizen - 21 years old but not more than 65 years of age upon loan maturity - With established source of income - with No CI/BI adverse findings
Loanable AmountUp to 90% of the contract price which includes selling price, titling and taxes, or outstanding balance whichever is lower.
For Socialized Housing Outstanding balance which includes selling price, titling and taxes.
Loanable amount should be within the paying capacity of the borrower:
For Private Employees
30% of the gross monthly income For Government Employees based on the amount as required by GAA, after housing loan amortization
Term of Loan
Maximum term of twenty (20) years, provided the combined age of the borrower and the term loan shall not exceed 65 years. For Socialized Housing Maximum of 30 years provided the combined age of the borrower and the term loan shall not exceed 65 years.
Bahay para sa Bagong Bayani
Eligible Borrowers
Available to OFWs who are;Holding a live contract from a reputable company.Filipino Citizens21 years old but not more than 65 years of age upon loan maturityClear of adverse/Credit Finding with other creditors
Loan Amount
Lowest of the paying capacity of the OFW, or loan value of collateral (with loan value of 80%) provided that;
Financing will be for the principal residence or dwelling of the Borrower-OFW; and
The title should be under the name of the OFW
Tenor The loan shall have the following maximum tenors:20 years : for OFWs with co-borrower15 years : for OFWs without co-borrowers
CollateralPrimarily, the Object of Financing, or separate prime property if warranted
Others that may be accepted in addition to the object of financing such as Deposits with Hold-out or Agrarian Reform Bonds
For more information and further queries, please visit or call:
the nearest LANDBANK Lending Center in your area; or
Program Management Department 227th floor LANDBANK PlazaMalate, ManilaTel Nos.: 405-7198; 551-2200 locals 2785, 2331
Thank you!