Supporting President Rodrigo Duterte's goal to disperse the growth momentum from Manila to the countryside through the farm sector. New Landbank President Alex Buenaventura said in a statement on Sunday, December 25, that to accomplish this goal, he will initiate a "re-engineering" of the credit facilities for small stakeholders in the agriculture sector, and encourage them to enter into "corporatives."

LandBank raising lending to small farmers, fisherfolk to P115B by 2022. (2016, December 28). Panay News, p. B1.