Barbaza MPC wins First Place at Gawad Pitak of LANDBANK of the Philippines

LANDBANK hails cooperatives in its 2013 Gawad PITAK

August 8, 2013 – As part of marking its 50th anniversary, LANDBANK recognized the country’s outstanding cooperatives in its annual Gawad sa Pinakatanging Kooperatiba (Gawad PITAK) in ceremonies at the LANDBANK Plaza in Malate, Manila.

Finance Secretary and LANDBANK Chairman Cesar V. Purisima and LANDBANK President and CEO Gilda E. Pico led the conferment of the awards.

Now on its 23rd year, the Gawad PITAK is a pioneering program that searches and recognizes exemplary LANDBANK-assisted agri and non-agri based cooperatives. The award provides special recognition in various areas of excellence in their operations, and promotes best practices for adoption. This year’s award introduced the Platinum Category which is the highest under the Gawad PITAK.

“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,” LANDBANK president and CEO Gilda E. Pico said.

Winners under the Non Agri-Based Category are:
1st Place – Barbaza MPC in Barbaza, Antique:P300,000;
2nd Place – Watchlife Workers MPC in Mariveles, Bataan: P250,000;
3rd Place – Socorro Empowered People’s Co-op in Socorro, Surigao del Norte: P200,000;
4th Place – Iwahori MPC in Mariveles, Bataan: P150,000;
5th Place – NIA Region IV Employees MPC in Pila, Laguna: P100,000

 Source:www.landbank.com