Land Bank of the Philippines Reviews
Pros – You get the feel of being part of a nation building because the bank has a social mission. It is mandated to develop and finance organizations of farmers and fisherfolks in the country. It finances agri-related projects of local govt units, SMEs, individuals, and non-govt organizations. It is a partner of the rural banks and the people. I had the opportunity of working as a fieldman and directly dealing with the farmers; organizing them into cooperatives and financing their agricultural projects feom production to post harvest. The bank finances the land reform program of the government and assist the beneficiaries to make their land more productive.
Cons – As a govt bank, you are a non-partisan in politics if you are an employee. You don't get often times quality items in the office for your work because every procurement is subjected to public bidding. The lowest priced item, services, and technology are what you get. Also, the organizational structure and policies are very unstable and are easily influenced by the secretary of finance' ideas of what should the bank be focusing on. Management is impulsive on the trend in the banking industry. It replicates banking style and structure of other banks when it cannot possibly be because landbank is bank with a social mission.
Advice to Senior Management – Maybe it should sit down and look at the reality. For as long as it is a govt bank, it can not compete with private banks without sacrificing the bank's social mandate which is now happening. Rather than follow other banks, it should lead. Itmust concentrate on improving and strengthening its policies and structure in nation building. It can notbe a copycat. Landbank should be a leader in this agricultural country.
Pros – understanding company for their employees
Cons – the salary is not in time
Advice to Senior Management – please make the employee be satisfies at all time. specially in salary make it advance not just waiting for long hours
Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company