[Last update: 24 April 2023] LBP LEASING AND FINANCE CORPORATION (LLFC, formerly LBP Leasing Corporation), a wholly owned subsidiary of Land Bank of the Philippines (LANDBANK) was established under the Corporation Code of the Philippines on March 17, 1983 to complement the product lines being offered by the Bank. LLFC's leasing facilities make it easier for enterprises to expand, upgrade, or modernize their operations. Among others, leasing enables enterprises to: - Match financing terms with the earning potential of the capital asset. - Preserve working capital and credit lines. - Address existing or current budget limitation; and - Obtain financing with no collateral
OVERVIEW OF THE COMPANY
To provide broad spectrum of leasing and financial products and services to government agencies, LBP borrowers, and clients in the priority sectors that support the National Economic Agenda.
By 2025, LLFC will be among the country’s top 5 bank affiliated leasing & finance companies in terms of total assets.
BOARD, MANAGEMENT COMMITTEE MEMBERS & CORPORATE OFFICERS
(as of 31 March 2023)