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EXTENSION OF LANDBANK'S CORPORATE LIFE Icon_minitime1Thu Nov 23, 2017 10:36 am by sonia

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» A message from LBPEA Visayas Director SONIA D. BROTARLO
EXTENSION OF LANDBANK'S CORPORATE LIFE Icon_minitime1Thu Nov 16, 2017 10:30 am by sonia

A message from LBPEA Visayas Director SONIA D. BROTARLO
EXTENSION OF LANDBANK'S CORPORATE LIFE Icon_minitime1Thu Nov 16, 2017 10:30 am by sonia
EXTENSION OF LANDBANK'S CORPORATE LIFE Sonia10

It has been two (2) years and six (6) months that this website was closed.  Many were disappointed with the closure but we have to keep up with the fast changing technology - facebook and twitter, among others.  
 
With the remaining one month and a half of my stint as Director for Visayas, I have been ruminative as to the manner of my “consummatum est” in LBPEA.  Thus  here I am re-opening the website pro hac vice for my grand exit. 
 
This is the medium where you first knew me and this is where I want to personally reach out to you to express my deepest and heartfelt “THANK YOU” for all the years that you trusted me. 
 


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sonia
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PostSubject: EXTENSION OF LANDBANK'S CORPORATE LIFE   EXTENSION OF LANDBANK'S CORPORATE LIFE Icon_minitime1Tue Aug 23, 2011 2:47 pm

15th Congress-House of Representative- Congress of the Philippines
BANKS & FINANCIAL INTERMEDIARIES
Venue: Conf. Rms. 9&10 RVM Bldg.
Time: 09:30 AM

Agenda/Resource Person:
Bills proposing amendments to the charters of Development Bank of the Philippines (DBP) and Landbank of the Philippines (LBP):

HB 135 – Merging the LBP and DBP (Rep. Danilo Suarez)
HB 3731 – Authorizing the merger of the DBP and the LBP with DBP as the surviving entity (Rep. Rex Gatchalian)
HB 4621 – Extending the life of the LBP, further amending RA 3844, otherwise known as the Agricultural Land Reform Code, as amended (Rep. Cresente Paez)

COMMITTEE MEETING:
The 15th Congress House of Representatives- Committee on Banks and Financial Intermediaries held yesterday August 22, 2011 its Committe hearing on the proposed bills.

The Committee invited to attend the President of LANDBANK and DBP. The Congressmen present were Cong. Roilo Golez, Cong. Rufus Rodrigez and others.

The Committee is responsible for evaluation of the bills and conducts public hearings on the proposed legislation.

There were two main issues in the House Bills raised during the Committee Discussion: 1) MERGER of DBP and LBP and
2)EXTENSION of the Corporate Life of LANDBANK.
As part of the Committee Rules, if the Bill Sponsor is absent, the Bill will not be considered for Committee Meeting. There were actually two Bills filed on the merger of LBP and DBP however since the sponsors were absent the bills were scrapped.

Hence, the Committee considered for discussion EXTENSION of LANDBANK Corporate Life. According to Cong. Roilo Golez, there is a need for the EXTENSION of LANDBANK Corporate Life to avoid chaos as LANDBANK is the Official Depository Bank of the Republic. This Bill will also be the legacy of the 15th Congress- House of Representatives.

The Bill will still have a long way to go based on the flowchart of legislative process as it is only number 3 out of the 12 parts.

HOW A BILL BECOMES A LAW

• Flowchart: Legislative Process

1. PREPARATION OF THE BILL
2. FIRST READING
3. COMMITTEE CONSIDERATION / ACTION
4. SECOND READING
5. THIRD READING
6. TRANSMITTAL OF THE APPROVED BILL TO THE SENATE
7. SENATE ACTION ON APPROVED BILL OF THE HOUSE
8. CONFERENCE COMMITTEE
9. TRANSMITTAL OF THE BILL TO THE PRESIDENT
10. PRESIDENTIAL ACTION ON THE BILL
11. ACTION ON APPROVED BILL
12. ACTION ON VETOED BILL
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Number of posts : 145
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PostSubject: Re: EXTENSION OF LANDBANK'S CORPORATE LIFE   EXTENSION OF LANDBANK'S CORPORATE LIFE Icon_minitime1Tue Aug 23, 2011 3:14 pm

Does it mean ms. sonia that the bill for merging LBP and DBP will no longer be taken up or if the sponsors will be present, it will again be pushed through?
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sonia
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PostSubject: Re: EXTENSION OF LANDBANK'S CORPORATE LIFE   EXTENSION OF LANDBANK'S CORPORATE LIFE Icon_minitime1Tue Aug 23, 2011 3:47 pm

It will not be taken up anymore Mam Emma since the Committee prioritized the extension of LandBank's corporate life.
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PostSubject: Re: EXTENSION OF LANDBANK'S CORPORATE LIFE   EXTENSION OF LANDBANK'S CORPORATE LIFE Icon_minitime1Tue Aug 23, 2011 4:03 pm

Ah ok, thanks ms. sonia, good news yan...
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sonia
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PostSubject: Re: EXTENSION OF LANDBANK'S CORPORATE LIFE   EXTENSION OF LANDBANK'S CORPORATE LIFE Icon_minitime1Tue Aug 23, 2011 4:20 pm

However Mam Emma, after the extension of our corporate life we cannot prevent our legislators in filing another bill for the merger.
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PostSubject: Re: EXTENSION OF LANDBANK'S CORPORATE LIFE   EXTENSION OF LANDBANK'S CORPORATE LIFE Icon_minitime1Tue Aug 23, 2011 4:27 pm

OK lang ang merger if Land bank as the surviving entity and not the DBP as proposed by Rep. Gathalian.. di hamak naman na mas malaki tayo sa DBP in terms of assets and income.
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sonia
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PostSubject: Re: EXTENSION OF LANDBANK'S CORPORATE LIFE   EXTENSION OF LANDBANK'S CORPORATE LIFE Icon_minitime1Tue Aug 23, 2011 5:16 pm

I agree with you Mam Emms we're lucky enough that Rep. Gatchalian was absent during the Committee hearing hence his bill was not considered. Indeed, we should be the surviving bank because we are the Official Depository Bank of the Philippines, our financial picture is much better than DBP and we have a lot of branches nationwide. I think with the recent controversy involving the top officers of DBP, Rep. Gatchalian might have thought that his proposal for a merger would not be beneficial.
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Number of posts : 35
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PostSubject: Re: EXTENSION OF LANDBANK'S CORPORATE LIFE   EXTENSION OF LANDBANK'S CORPORATE LIFE Icon_minitime1Tue Aug 23, 2011 5:28 pm

good day, mam sonia ilang years naman po kaya ang extension for corporate life ng organization natin
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uragon-C215

uragon-C215

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PostSubject: Re: EXTENSION OF LANDBANK'S CORPORATE LIFE   EXTENSION OF LANDBANK'S CORPORATE LIFE Icon_minitime1Tue Aug 23, 2011 5:40 pm

awin_extreme, habang may LANDBANK, siguradong may LBPEA!!!!
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sonia
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PostSubject: Re: EXTENSION OF LANDBANK'S CORPORATE LIFE   EXTENSION OF LANDBANK'S CORPORATE LIFE Icon_minitime1Tue Aug 23, 2011 6:25 pm

For Uragon:
Pag nandyan si Uragon masaya ang LBPEA! Nandito kanina si juanpusong naputol daw internet connection nila kasi palagi daw sya sa internet pinaputol daw ng manager nila hahaha


For awin_extreme:
In response to your query Sir Awin, I just read this news article from our newsgram which I will share with you the full text:

Newsgram vol. XXV No. 29 July 18-22, 2011 reports from SPG

Party-list Rep. Cresente Paez and Rep. Jose Ping-ay of Coop NATCCO filed House Bill 4621 pushing for a 50-year extension of the corporate existence of LANDBANK so that it can continuously replicate its past successes in countryside development.

LANDBANK President and CEO Gilda E. Pico lauded the efforts of the two legislators during their recent visit to LANDBANK to discuss strategies and next steps to see this bill through the legislative process within the 15th Congress.

This initiative is very timely and beneficial to LANDBANK and its priority sectors since its existence under the Agrarian Reform Code (RA 3844) expires on August 8, 2013.

Congressman Paez recognized LANDBANK as the biggest lender among cooperatives and the most important ally of the cooperative sector.

According to Paez, LANDBANK has provided the National Confederation of Cooperatives, a federation of rural and urban based cooperatives with 1.6 million individual members, a total of P500 million in credit line.

Part of the strategy is to invite more sponsors to the bill from both the House of Representatives and the Senate. The bill is now pending with the Committee on Banks and Financial Intermediaries chaired by Rep. Sergio Apostol.-reports from SPG

EXTENSION OF LANDBANK'S CORPORATE LIFE Paez10
Paez, Cresente C.
Sectoral Representative
PL - COOP NATCCO
Term: 2
House of Representatives, Quezon City
Rm. RVM-428, Phone: 931-5001 local 7055, 9516922
Chief of Staff: Jose Romeo B. Ebron
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PostSubject: Re: EXTENSION OF LANDBANK'S CORPORATE LIFE   EXTENSION OF LANDBANK'S CORPORATE LIFE Icon_minitime1Tue Aug 23, 2011 8:10 pm

thanks mam sonia
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Number of posts : 35
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PostSubject: Re: EXTENSION OF LANDBANK'S CORPORATE LIFE   EXTENSION OF LANDBANK'S CORPORATE LIFE Icon_minitime1Tue Aug 23, 2011 8:12 pm

tama k dyan kaibigang uragon.... kakabit ng landbank ang existence ng LBPEA
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batman_E289

batman_E289

Number of posts : 544
Age : 42
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PostSubject: Re: EXTENSION OF LANDBANK'S CORPORATE LIFE   EXTENSION OF LANDBANK'S CORPORATE LIFE Icon_minitime1Wed Aug 24, 2011 9:41 am

...at kakabit ng LBPEA ang mga members na pundasyon ng asosasyon...kaya wag nyo kami iwan...hanggang sa huli.

salamat.
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