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State-run Land Bank of the Philippines said Friday its financial muscle remains strong and stable following its infusion of capital into the country's very first sovereign wealth fund under the Maharlika Investment Corp . .
With this, Landbank said that it “has consistently met and exceeded the minimum requirements of the BSP for Capital Adequacy Ratio —a critical benchmark of financial health—as it stays financially robust with no urgent need for additional capital.”As of November 30, 2024, the state-run lender said its CAR remains at a “healthy level” of 16.42% —well above the 10% regulatory threshold.The Landbank said its CAR demonstrates its “resilience against financial and operational risks.
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