FIND US

LANDBANK brings financial inclusion and banking services to Las Nieves, Agusan del Norte


October 17, 2019

(Top photo) Agusan del Norte Gov. Dale Corvera (7th from left) and LANDBANK President and CEO Cecilia C. Borromeo (8th from left) lead the ceremonial awarding of ACEF loans to palay farmer Agapito A. Bacalso Sr. (5th from right) and corn farmer Violita T. Prandas (4th from right) during the LANDBANK Financial Inclusion Forum in Las Nieves, Agusan del Norte attended by more than 600 small farmers (lower photo). Also introduced during the program was Baug CARP Beneficiaries MPC as the Bank’s Agent Banking Partners in Las Nieves, led by General Manager Luxmi Auxillo (5th from left). Joining them are Las Nieves Mayor Avelina Rosales (9th from left), Vice Mayor Larry Bautista (6th from left), and LANDBANK officials led by Branch Banking Sector Head EVP Joselito Gutierrez (3rd from left), Mindanao Lending Group Head FVP Charlotte I. Conde (2nd from left), East Mindanao Branches Group Head FVP Camilo C. Leyba (rightmost), and CARAGA Lending Center Head Department Manager Linbert Fajunio (leftmost).

LAS NIEVES, Agusan del Norte – For most residents of this 2nd class municipality in the northern part of the province, farming and fishing has been the way of life for its close to 30,000 residents, with the nearest banks and financial institutions still two hours away from the nearby cities of Bayugan and Butuan.

Las Nieves is one of the country’s 536 cities and municipalities out of 1,634 that have remained unbanked according to the 2017 Financial Inclusion Survey of the Bangko Sentral ng Pilipinas (BSP).

This year, it is one of eight municipalities where Land Bank of the Philippines (LANDBANK) is launching its Agent Banking Program, which will provide the public with basic banking transactions such as Point-of-Sale (POS) cash-out, prepaid card sale, card reload/card refund/withdrawal, balance inquiry, and bills payment.

Through partnerships with client cooperatives, associations, small and medium enterprises (SMEs), and private entities, LANDBANK’s Agent Banking Program is targeted to further expand its reach in remote and unbanked areas without the Bank’s presence.

During LANDBANK’s 5th Financial Inclusion (FI) Forum for 2019 here last October 12, 2019, the Bank formally introduced the Baug CARP Beneficiaries MPC (BCBMPC) as its first Agent Banking Partner in Las Nieves.

Launched in 2016, and now on its fourth year run, the half-day forum, dubbed “Ipon at Kabuhayan para sa ating Kababayan,” gathered more than 600 attendees, majority of whom are farmers and agrarian reform beneficiaries (ARBs).

“This is part of LANDBANK’s efforts in bringing our products and services closer to the countryside. With this campaign, we hope to uplift the lives of our fellow Filipinos, particularly the small farmers and fishers, and their families, who are in dire need of financial support for their agricultural livelihood activities,” said LANDBANK President and CEO Cecilia C. Borromeo.

BCBMPC started as an association of small fishers of shrimps and crabs in 1987. By 1995, they were officially recognized by the Department of Agrarian Reform (DAR) as an ARB-cooperative with 110 members. They were first granted a production loan by LANDBANK on October 12, 1998.

And exactly 21 years later, on October 12, 2019, LANDBANK has now partnered with BCBMPC as the Bank’s Agent Banking Partner in Las Nieves under the Agent Banking Program. The Cabadbaran City-based cooperative now boasts of 20,000 coop members, with total assets of P700 million.

The LANDBANK FI Forum is an initiative of the Bank in line with its financial inclusion thrust of serving unbanked communities across the country. Since its launch, LANDBANK has helped bring over 10,000 underserved Filipinos under the umbrella of formal financial services from 28 municipalities.

Las Nieves is the 5th stop of the FI Forums this year. A total of 3,252 farmers and fishers have already participated in the first five areas of the FI Forums namely, Sto. Niño, Cagayan; Rizal, Palawan; Libacao, Aklan; and Aloguinsan, Cebu. FI Forums will also be conducted in Mayantoc, Tarlac; Claveria, Misamis Oriental; and Polillo Islands, Quezon within the year.

During the event, LANDBANK featured modules on financial literacy to help farmers improve their income through the proper management of finances, as well as Bank products and services, particularly its direct lending programs for farmers.

These programs include the Accessible Funds For Delivery to Agrarian Reform Beneficiaries (AFFORD-ARBs), the Agricultural Competitiveness Enhancement Fund (ACEF), and the Rice Competitiveness Enhancement Fund (RCEF).

At the same time, BCBMPC received a ceremonial check from LANDBANK in the amount of Php200 million representing its loan from the Bank for relending to small farmers and fishers.

Joining LANDBANK President Borromeo at the event were Agusan del Norte Governor Dale B. Corvera, Las Nieves Mayor Avelina S. Rosales, LANDBANK Executive Vice President for Branch Banking Sector Joselito P. Gutierrez, East Mindanao Branches Group Head First Vice President Camilo C. Leyba, Mindanao Lending Group Head First Vice President Charlotte I. Conde, CARAGA Lending Center Head Department Manager Linbert Fajunio, and Butuan Branch Head Department Manager Augustus Manuel E. Mantua.

Meanwhile, farmers who availed of the ACEF loan program were also recognized during the event, namely Agapito A. Bacalso Sr. (palay production) and Violita T. Prandas (corn production).


Other Stories

LANDBANK sees surge in digital banking usage in 2024

  The LANDBANK Mobile Banking App (MBA) powered the Bank’s digital surge in 2024, logging 106.82 million transactions or almost double the previous year’s total of 55.2 million. LANDBANK recorded a significant increase in digital banking transactions in 2024, driven by the growing shift of customers to online banking services and the Bank’s sustained investments in enhancing its digital platforms. The Bank facilitated a total of 162.28 million digital transactions, marking a 67% expansion from 97.08 million in 2023, with a total value of ₱3.38 trillion, up 38% from ₱2.45 trillion. “Digital banking is not just about convenience—it’s about inclusion. Through our digital banking channels, we are empowering every Filipino to take control of their finances. Our goal is to make safe, reliable, and convenient banking accessible to all, especially our farmers and fishers, business owners, OFWs, and government agencies,” said LANDBANK President and CEO Lynette V. Ortiz. The LANDBANK Mobile Banking App (MBA) led the growth in the Bank’s total transaction volume, with a record 106.82 million transactions in 2024—nearly double the 55.2 million transactions recorded in the prior year. Through the MBA, users can perform a wide range of banking services, including fund transfers, bill payments, and investing in government securities. Among the App’s major enhancements last year was the straight-through account opening feature, which allows customers to open a digital account online via smartphones without visiting a branch.  In terms of transaction value, the Bank’s corporate Internet banking platform, weAccess, recorded the highest volume at ₱1.36 trillion. This marks a 43% year-on-year growth from ₱952.14 billion in 2023. LANDBANK’s other major digital channels include iAccess, an online retail banking channel; Link.BizPortal, a web-based payment channel; Electronic Modified Disbursement System (eMDS), a facility for institutional clients and national government partners; and LANDBANK Bulk Crediting System (LBCS), an electronic bulk disbursement facility. The LANDBANK MBA was named the “Most Innovative Banking Application” at the 12th Annual International Finance Awards 2024 in Bangkok, Thailand. The Bank was likewise recently recognized as the “Best e-Banking Services Provider” and “Most Reliable Mobile Banking App Provider” at the World Business Outlook Awards 2025 by Singapore-based business magazine, World Business Outlook. Bringing banking closer to more Filipinos As part of its broader digital transformation agenda, LANDBANK continues to innovate how it brings banking services closer to more Filipinos—especially those in underserved and remote areas. LANDBANK began rolling out “phygital” branches in December 2024 that combine physical and digital services for a more streamlined, seamless, and delightful customer experience. These branches showcase a refreshed look, equipped with self-service machines, new queuing and tellering systems, meeting pods, and interactive zones.  To further extend its reach, the Bank is ramping up its LANDBANKasama Program, which brings basic banking services to far-flung and underserved areas. By partnering with local cooperatives, associations, rural banks, LGUs, MSMEs, and private entities, the Bank empowers these community-based partners to serve as LANDBANKasama partners, providing services such as cash withdrawal, deposit, fund transfers, bills payment, and balance inquiry. LANDBANK is also pioneering cash-lite ecosystems in key areas, starting with the Province of Batanes. By promoting the use of digital payments and equipping local merchants, residents, students and LGUs with digital financial tools and skills, the initiative promotes the use of cashless transactions as a safer, faster, and more convenient way to manage daily financial needs—ultimately reducing reliance on physical cash and fostering a digitally inclusive local economy. With its digital strategy in full swing, LANDBANK remains committed to accelerating digital transformation and delivering enhanced customer experience across the country—anchored on its mandate to serve the agriculture sector, empower small farmers and fishers, and drive inclusive and sustainable national development for all Filipinos. ABOUT LANDBANK LANDBANK is the largest development financial institution in the country promoting financial inclusion, digital transformation, and sustainable national development. Present in all 82 provinces in the county, the Bank is committed to provide accessible and responsive financial solutions to empower Filipinos from countryside to countrywide.

LEARN MORE

LANDBANK ensures digital banking access during Holy Week

  LANDBANK assures its clients of uninterrupted access to its digital banking channels throughout the upcoming Holy Week, maintaining convenient and seamless financial services for individuals and businesses during the long holiday. From April 17 (Maundy Thursday) to April 20 (Easter Sunday), clients may continue to conduct safe and convenient transactions through the LANDBANK Mobile Banking App (MBA), iAccess, and other digital platforms, including the Link.BizPortal for online payments, WeAccess for institutional clients, and the Electronic Tax Payment System (eTPS) for tax-related transactions To promote affordable digital banking, the Bank continues to waive transfer fees for the first three daily transactions of P1,000 and below to other banks via InstaPay and PESONet. Fund transfers between LANDBANK and Overseas Filipino Bank (OFBank) accounts also remain free of charge, regardless of amount, via the MBA and iAccess. As branches will be closed over the long holiday, all LANDBANK branches nationwide will resume regular banking operations on Monday, 21 April 2024. LANDBANK is ready to service cash needs through its nationwide network of 3,213 ATMs complemented by 3,488 ATMs in select 7-Eleven stores. Withdrawals from 7-Eleven ATMs remain free of charge for all LANDBANK clients. As customers take advantage of digital banking access over the holidays, LANDBANK also reminds the public to remain vigilant against online scams and cybersecurity threats. Clients are advised not to click suspicious links or share sensitive information such as account numbers, usernames, passwords, and One-Time Passwords (OTPs). Clients are likewise advised to access the official LANDBANK iAccess site via the official LANDBANK website (https://www.landbank.com) or directly via https://www.lbpiaccess.com. For more #CyberSigurista tips and other updates, follow LANDBANK’s official channels at @LANDBANKOfficial on social media. ABOUT LANDBANK LANDBANK is the largest development financial institution in the country promoting financial inclusion, digital transformation, and sustainable national development. Present in all 82 provinces in the county, the Bank is committed to provide accessible and responsive financial solutions to empower Filipinos from countryside to countrywide.

LEARN MORE

Go digital for tax payments with LANDBANK

  With the income tax filing deadline fast approaching, LANDBANK is urging taxpayers to utilize its digital banking channels for fast, secure, and convenient tax payments. Individuals and companies enrolled in the Bureau of Internal Revenue’s (BIR) Electronic Filing and Payment System (eFPS) can settle their tax dues seamlessly through the LANDBANK Electronic Tax Payment System (eTPS). For individuals and other businesses not eligible to pay via eTPS, taxes can still be paid electronically through the LANDBANK Link.BizPortal, the Bank’s web-based payment channel. Taxpayers simply need to access the platform, select “BUREAU OF INTERNAL REVENUE” from the merchant list, choose the appropriate form type and tax type, and proceed with the payment transaction. “LANDBANK is committed to making tax compliance easier and more efficient for every Filipino. By offering accessible digital payment solutions, we aim to streamline the tax payment process and empower individuals and businesses to contribute to nation-building. We are one with the BIR in fostering a more efficient, transparent, and inclusive tax system for all,” said LANDBANK President and CEO Lynette V. Ortiz.    To further accommodate taxpayers, select LANDBANK branches will have extended banking hours from 3:00 PM to 5:00 PM, from April 1 to 15, to accept tax payments over the counter. ABOUT LANDBANK LANDBANK is the largest development financial institution in the country promoting financial inclusion, digital transformation, and sustainable national development. Present in all 82 provinces in the county, the Bank is committed to provide accessible and responsive financial solutions to empower Filipinos from countryside to countrywide.

LEARN MORE