On its 50th anniversary, the Landbank of the Philippines recently recognized the country’s outstanding cooperatives in the 2013 Gawad sa Pinakatanging Kooperatiba or Gawad PITAK awards.Finance Secretary and Landbank Cesar V. Purisima together with Landbank President and CEO Gilda E. Pico led the conferment of awards in a ceremony held at the Landbank Plaza in Manila.
“Our celebration of our golden anniversary is made more meaningful with the conferment of awards to outstanding cooperatives that excel in their areas of operation, and thus contribute to a robust economy,” Pico said.
The Hall of Fame award under the agri-based category is conferred to the Baug CARP Beneficiaries MPC of Magallanes, Agusan del Norte received P100,000 worth of fixed assets.