LANDBANK AVPs Joselito Vallada of Human Resources Management Group (2nd to the left) and Emmanuel Hio Jr of Organization Development Department (center) receive the Outstanding Development Project Award under the Human Capital Development Category by the Association of Development Financing Institutions in Asia and the Pacific (ADFIAP) for the Bank’s Management and Leadership Development (MLD) Program.
The Land Bank of the Philippines (LANDBANK) was awarded with Outstanding Development Project Award under the Human Capital Development category for its Management and Leadership Development (MLD) Program. The distinction was conferred by the Association of Development Financing Institutions in Asia and the Pacific (ADFIAP) during its 40th Annual Meeting last May 10-12, 2017 in Macao SAR, China.
The MLD program aims to strengthen the Bank’s Succession planning by ensuring the availability of a highly trained and qualified management pool. Programs under it include the Management Training Program (MTP), Branch Officers Development Program (BODP), Lending Officers Development Program (LODP), and Leadership Development Program (LDP).
AVP Joselito Vallada of Human Resources Management Group and AVP Emmanuel Hio Jr of Organization Development Department received the award on behalf of the Bank.
“We thank the ADFIAP for the recognition that affirmed the significance of the distinct major programs under the MLD framework for the Bank's talents,” Vallada said in his acceptance speech.
Part of ADFIAP’s recognition is the integrated MTP curriculum that lets the participants immerse in LANDBANK-assisted cooperatives as a way of instilling the Bank’s mandate of countryside development.
Presently, 57 graduates of MTP occupy managerial positions with 55 leading critical departments/units tasked in accomplishing the Bank’s strategic objectives.
The ADFIAP Development Awards recognize and honor member-banks which have undertaken and/or assisted projects that have created a development impact in their respective countries. The Institutional Awards have nine categories namely: human resource development, environmental development, SME development, infrastructure development, technology development, trade development, local economic development, development finance – led poverty reduction, and corporate governance.
In July 2016, the MLDP was also awarded as the Graduate Employment Programme of the Year- Philippines by the Asian Banking and Finance Magazine.
2020 Corporate and Investment Banking Awards held by Asian Banking and Finance
LANDBANK bagged the ‘Innovative Deal of the Year’ and ‘Corporate Client Initiative of the Year’ Award in the first digital award ceremony for Corporate and Investment Banking Awards held by Asian Banking and Finance (ABF). ABF recognizes outstanding banks that have introduced innovative products and services that successfully adapted to the dynamic technological landscapes in the market. It also recognise banks with successful deals and innovative initiatives that made a positive impact to their clients. This is the first time that LANDBANK won these awards from ABF. As the Innovative Deal of the Year, the Bank’s role as the Joint Lead Issue Manager in the maiden issuance of the Premyo Bonds Para sa Bayan was lauded. The National Government issued Premyo Bonds through the Bureau of the Treasury and sought to involve small investors in the capital market by providing a risk-free, and affordable investment. Investors also have a chance to win cash and non-cash rewards. Meanwhile, the Bank received the Corporate Client Initiative of the Year Award for its role as the Sole Arranger and Underwriter for the National Home Mortgage Finance Corporation’s (NHMFC) P270.25 Million BALAI (Building Adequate Livable Affordable and Inclusive Filipino Communities) Bonds 1 Issuance. BALAI Bonds 1 is a Residential Mortgage-backed Security (RMBS) backed-up by low-cost and socialized housing loans to support the administration’s initiative to address the housing backlog of the country.LEARN MORE
Karlsruhe Sustainable Finance Awards 2020
State-run Land Bank of the Philippines (LANDBANK) was presented with a Certificate of Merit for “Best Innovation in Financial Services” in this year’s Karlsruhe Sustainable Finance Awards held in Karlsruhe, Germany last September 30, 2020. This is the 8th consecutive year that LANDBANK has received the honor since 2013. Click here for more information.LEARN MORE
2020 ADFIAP Awards
As the winner of the Merit Award, the Bank’s online account opening system was recognized for its support to the Bank’s thrust of financial inclusion for farmers and fishers, as well as Overseas Filipino Workers (OFWs), by providing them with an additional access point to financial services. Through DOBS, account opening time has shortened from 30 minutes to 10 minutes. Everyone may enroll online in the comfort of their homes or offices prior to proceeding to the branch to complete the account application and to pick-up their LANDBANK card. Such process also allows lobby traffic in branches to be reduced. Meanwhile, the Bank’s Green Climate Finance Project was recognized under the Environmental Development category. LANDBANK is the first and only Direct Access Entity (DAE) of the Green Climate Fund (GCF) in the country. The GCF is an operating entity of the financial mechanism of the United Nations Framework Convention on Climate Change and Paris Agreement, dedicated in supporting global efforts to respond to the challenge of climate change. The project aims to help developing countries to limit or reduce their greenhouse gas emissions and adapt to climate change by supporting projects that promote a paradigm shift to low-emission and climate resilient development, while considering the needs of developing countries that are vulnerable to climate change impacts. As the country’s only DAE at present, the Bank is tasked to oversee, manage, monitor, and mobilize funds from the GCF to finance mitigation, adaptation, and resiliency projects falling within the Philippines’ priority projects.LEARN MORE