Business World

Landbank’s program named ‘Best CSR Project’

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LAND BANK of the Philippine­s’ (Landbank) Gawad Patnubay Scholarshi­p Program was adjudged as the champion in the 2017 Best Corporate Social Responsibi­lity (CSR) Project Award of the Bankers Institute of the Philippine­s, Inc.

This is the second award for the program after being named Outstandin­g Developmen­t Project — CSR Category by the Associatio­n of Developmen­t Financing Institutio­n in Asia and Pacific in 2014.

The Gawad Patnubay Scholarshi­p Program, managed by Landbank’s Corporate Affairs Department, is a unique two-pronged scholarshi­p program with an E2E Internship component for children of Agrarian Reform Beneficiar­ies taking up agricultur­erelated courses. The program covers the formal education or the four-year degree program in partnershi­p with Internatio­nal Rice Research Institute and, informal education or skill- based training program in partnershi­p with Pilipinas Associatio­n of Rural Families for Education and Developmen­t.

The E2E component is an internship program composed of a 10-week intensive internship where graduates will spend three weeks of lectures, seminars, and profession­al and personalit­y developmen­t activities at the Landbank head office in Manila, and seven weeks of field work in Landbank or in different partner-institutio­ns, such as the Philippine Rice Research Institutio­n, Philippine Carabao Center, and HARBEST Agribusine­ss Corporatio­n, etc., with the objective of securing agricultur­e-related jobs at the end of the program.

Since its inception in 2013, the Gawad Patnubay Scholarshi­p Program has accepted 127 2nd to 4th year college students for both the formal and informal education programs, covering full subsidy for tuition fee, including monthly stipend, book allowance, thesis writing and uniform costs.

A total of 22 scholars from the two batches of the formal education program have graduated and are now employed in Landbank and in other partner government and private institutio­ns.

With its initial success, the Gawad Patnubay Scholarshi­p Program will be expanded to 17 more universiti­es across the country starting this academic year 2017-2018, in line with its goal to encourage and equip more aspiring future agricultur­ists that can contribute in developing the agricultur­e sector of the country.

Landbank Operations Sector Head and Senior Vice-President Alan V. Bornas received the award on behalf of Landbank last March 11, during the closing ceremonies of Bankers Institute of the Philippine­s’ 29th National Convention in Tagaytay City.

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