Land Bank of the Philippines (Filipino: Bangko sa Lupa ng Pilipinas, Spanish: Banco Hipotecario de Filipinas), stylized as LANDBANK or also known by its initials, LBP, is a universal bank in the Philippines owned by the Philippine government with a special focus on serving the needs of farmers and fishermen. While it provides the services of a universal bank, it is officially classified as a "specialized government bank" with a universal banking license. LANDBANK is the fourth largest bank in the Philippines in terms of assets and is the largest government-owned bank. It is also one of the biggest government owned and controlled corporations in the Philippines. Unlike most Philippine banks, LANDBANK has an extensive rural branch network with 365 Branches/Units and 1,607 ATMs.[3] It services many rural sector clients in areas where banking is either limited to rural banks or is non-existent.