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Land Bank of the Philippines Awards Data Warehouse Consultancy Project to Intranet Business Systems, Inc.

Land Bank of the Philippines
announced on June 18, 2003 its selection of Intranet Business Systems, Inc. as the Data Warehouse Consultant for the Bank's Central MIS project.

The selection process was conducted in compliance with the Implementing Rules and Regulations (IRR) of Executive Order 40.


Margarito B. Teves (Left), President and CEO of Land Bank of the Philippines (LBP) hands the formal Notice of Award to Mark W. Humphries, President and CEO of Intranet Business Systems, Inc.

Margarito B. Teves (LandBank's President and CEO) and Mark W. Humphries (Intranet's President and CEO) exchange handshakes during the contract signing for Land Bank's Data Warehouse Consultancy Project.

Looking on are (L to R): Michelle C. Dy (Consulting Director, Intranet), Alan V. Bornas (AVP, LandBank), Julio D. Climaco, Jr. (VP, LandBank), Gilda E. Pico (EVP, Operations and Support Sector, LandBank), Romeo Glenn B. Sumido, Jr. (AVP, LandBank), Corazon S. Delos Santos (SVP, LandBank), and Evelyn Enriquez (CIO, LandBank).


About LandBank


The Land Bank of the Philippines is ranked among the country’s top five commercial banks in terms of assets, loans, deposits and capital based on data as of March 2004.

LandBank is the country's No. 3 commercial bank in terms of assets (with a total asset base of P286.9 billion), No. 3 in Loans (with a loan portfolio of P131.5 billion), No. 3 in Deposits (amounting to P213.8 billion), and No. 5 in Capital (P21.9 billion).


As a Government Financial Institution (GFI), LandBank also has the following major roles:
  • An implementing agency of Comprehensive Agrarian Reform Program (CARP) involved in land valuation, compensation to owners of private agricultural lands, and collection of amortizations from CARP farmer-beneficiaries;
  • Provision of credit assistance to small farmers and fisherfolks and ARBs;
  • An official depository of government funds; and
  • A government bank with a social mandate to spur countryside development.

For more on LandBank, please visit the Bank's website at http://www.landbank.com.

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Last Updated: May, 2004