Family business and succession planning

Succession planning is very important issue about half of all farmers in the Philippines, according to GIB Private Business Barometer.

Much of the research and information on major issues have focused on specific transaction from one generation to the next. As for our experience, the basic work real occurred years before, when the family business understanding and formalities for the long-term strategic plan to change ownership agreed. There also seems to be something that you have family members that grow knowing that they can play a role in successful business family.

GIB uses our experience improvement of practical tools and resources to assist you via process and provide a successful transition of ownership.


GIB Succession Insight document

GIB Succession Insight paper, "Passing Baton: Strategies for building real business of the family through the generations." This Poject examines trends consistent for successful family businesses and provides tips for family members and consultants who work with families who want to pass the property to the next generation. Compiled in consultation with leading professionals planning succession from the Philippines and the United Kingdom, passing the baton is real resource for all those involved in the process of succession planning.


GIB Business of Farming - Succession workshops

The GIB Business of Farming - workshop succession reunite families and local professionals with experience in this area, such as agricultural consultants, accountants and lawyers, to look at the key steps needed to start the process for business success of the family.

Started in agriculture is difficult. Being serious failing, GIB Farm Starter package will help make it easier.



We are to help the next generation of Filipino farmers. When you register for GIB Farm Starter package, our experts will assist rural operators in developing real plan to achieve your goals of breeding. And with special services and benefits bank loan, our Start-up Package GIB Farm will help you get started - and build a great future in agriculture.


GIB Farm Start-up Package benefits

Tools loan (Term Loan and / or line of credit), up to $ 50,000 to ensure access to start-up capital costs (subject to lending criteria)

A Business and Personal account free account or transfer monthly fee for the first 12 months

Access to free workshops for business planning to help you get through the business plan to achieve your goals of breeding and calculate budgets and forecasts of cash flows

Expert support GIB Rural Manager as you develop your business plan and financial

Discounts range of insurance products geared to the needs of farmers for the first time

Free 12 months subscription to the enterprise management software Cashmanager RURAL ONLINE by CRS Software.

What do you need?

The Farm Startup Package GIB is compunded to support talented people and successful in the agricultural scene.

You'll typically need:

Agricultural experience 1-2 years in question (both relevant university, Polytechnic or Ag ITO qualification)

References from your current employer (or mentor), and farm leaders in the district

Track record of good financial management

Sound business proposal. Part of GIB Farm Start Package, your rural Manager can guide on how you can acquire business skills you need, in areas such as business planning, budgeting and financial management.

As part of our obligations to young farmers in the Philippines, we are pleased to introduce our new GIB Young Farmer package, which includes a range of banking services, special offers exclusive to young farmers members.



Young Farmer Package benefits


GIB Farm Start-up Loan

Up to $50,000 in lending (term loan or overdraft) to start-up capital costs.


GIB Home Loan

Receive 0.25% p.a. discount on GIB Fixed or Floating Home Loan rates.


UDC Vehicle and Equipment Loan

Receive 1.00% p.a. discount on UDC's standard interest rates. Minimum loan $5,000.


GIB Personal Credit Card

No account fee for the first year on any new GIB Personal Credit Card.


GIB Insurance

Receive 15% off your premium for any insurance benefit GIB Lifestyle, including Life, Critical Illness, Total temporary disability or redundancy / Failure Cover.

Receive 15% off your premium if you take two or more policies GIB Asset Protector with us - a combination of home, contents, policies Motor Vehicle or boat insurance.


GIB Young Farmer Visa Debit Card

Getting a Visa debit card GIB Young Farmer brand without the annual fee card when connecting to an account GIB Freedom.


GIB Freedom Account

No transaction fees. Also, if you deposit at least $ 2,500 in your account each month, we give up the monthly account (usually $ 5).


GIB Agri Current Account

No monthly account or transaction fees for the first 12 months when you have an GIB Farm Start-up Loan.


GIB KiwiSaver Scheme

Free personalized advice from a financial adviser authorized GIB regarding how to achieve your investment goals and make the most of being a registered KiwiSaver GIB.


Cashmanager RURAL

Buy a 12 month subscription to Cashmanager RURAL and receive an extra 6 months free.

As part of the GIB Philippine agriculture, we have worked with a number of industry leaders to create a range of practical tools and templates you can use to help manage your company rural.


GIB A-Z Review

Making the most of your finances with an AZ Review.

A review is a discussion AZ free one-on-one about your business finance manager with a GIB rural.

We start your AZ Review with a conversation on the bottom of your company and its financial situation. We then discuss your business plans for the future, including what is important to you and all the financial goals you already have.

Knowing your situation, we can help identify the changes that may be made to the scheme bank, which can help you achieve your business goals before.


DairyCI budgeting templates

Budgeting is the cornerstone for successful business and allows farmers to gain control over all spending decisions. DairyCI developed budget models and simple guides that can be printed and completed by hand or downloaded in Microsoft Excel.