Landbank, DBP release guidelines for interest rate subsidy
The Department of Finance ( DOF) had approved the key features of the program early in November, after which Landbank and DBP formulated the guidelines and procedures. According to Caonero, the Landbank board has agreed to provide interest rate subsidy for loans that would be used to fund LGUs’ COVID-19 recovery efforts.
Landbank, DBP release guidelines for interest rate subsidy
The Department of Finance (DOF) had approved the key features of the program early in November, after which Landbank and DBP formulated the guidelines and procedures. According to Caonero,...
Landbank finalizing guidelines for interest rate subsidy
MANILA, Philippines — State-run Land Bank of the Philippines (Landbank) is set to finalize this week the guidelines for its interest rate subsidy to local government units (LGUs), after...
LANDBANK to grant 2% interest subsidy - BusinessWorld Online
LANDBANK to grant 2% interest subsidy December 9, 2025 | 12:03 am STATE-RUN Land Bank of the Philippines (LANDBANK) is extending a two-percent inter est subsidy for new and existing loans obtained by local government units (LGUs) to encourage them to borrow more and fi nance their recovery programs.
Landbank finalizing guidelines for interest rate subsidy
Under Republic Act 11494 or the Bayanihan 2 Law, Landbank and DBP were allotted P1 billion each to provide interest subsidy for new and existing loans secured by LGUs. This aims to provide relief to local governments and to support their respective recovery efforts following the damage caused by the coronavirus pandemic and the lockdown
- How did Landbank & DBP provide interest rate subsidy?
- Under Republic Act 11494 or the Bayanihan 2 Law, Landbank and DBP were allotted P1 billion each to provide interest rate subsidy for new and existing loans secured by the LGUs.
- What data does the Bundes-Bank collect on new loans and deposits?
- In a representa-tive sample of credit institutions in Germany, the Bundes-bank collects data on new loans and deposits in Germany on a monthly basis. These data include both interest rates and volumes and are broken down, in particular, by initial interest rate fixation period and loan amount.
- Which banks are granting interest rate subsidies to local government units (LGUs)?
- MANILA, Philippines — Government financial institutions Land Bank of the Philippines (Landbank) and Development Bank of the Philippines (DBP) have already approved the guidelines for the grant of interest rate subsidies to local government units (LGUs).
- How has the monetary policy tightening impacted Germany?
- The monetary policy tightening observed since the beginning of 2022, unprecedented in the euro area, has pushed up market interest rates and also fed into the interest rates on both bank loans and bank deposits in Germany.
- Why did banks raise interest rates in Germany in 2022?
- The present analysis, however, shows that, since May 2022, banks in Germany have raised the interest rate on loans to households for house purchase more strongly than stood to be expected. This was probably due mainly to the significantly higher credit risk.
- What is the difference between time deposits & overnight de-posits in Germany?
- The interest rate differential between longer- term deposits (time deposits) and overnight de-posits in Germany was close to zero during the period of negative interest rates up to 2019. It even dipped into negative territory in 2020 and 2021, as enterprises’ time deposits were nega-tively remunerated on aggregate.
