(left photo) The LANDBANK-financed Baculud Overflow Bridge in Ilagan City, Isabela, allows for easier and safer transportation for residents and vehicles from the City’s northeastern barangays to its Centro Poblacion Barangay Cluster. (right photo) From having a small infirmary solely catering to the medical needs of Ilagueños, the Ilagan LGU also tapped LANDBANK to fund the construction of the City of Ilagan Medical Center (CIMC) building to widen healthcare access in the City.
ILAGAN, Isabela – From being one of the poorest municipalities in Isabela over a decade ago, this first-class City now boasts of a vibrant and fast-growing economy driven by major infrastructure projects financed by the Land Bank of the Philippines (LANDBANK).
Under the leadership of City Mayor Josemarie L. Diaz, the local government unit (LGU) of Ilagan and LANDBANK maintain a strong partnership geared towards the development of the City, with a total loan exposure amounting to P3.5 billion.
“Talagang malaki ang naitulong ng LANDBANK sa amin. Halos lahat ng improvement sa Ilagan City ay dahil sa aming pakikipagtulungan sa LANDBANK,” said Mayor Diaz.
In support of Ilagan’s development plan, LANDBANK financed the construction of four essential bridges in the City, including the Baculud Overflow Bridge in Brgy. Baculud and the Cabisera 8 Overflow Bridge in Brgy. Santa Maria.
These two overflow bridges significantly increased the mobility of Ilagueños, who previously used boats and bamboo rafts to travel across rivers to reach other parts of the City. The bridges also improved the access of residents from remote barangays to basic and support services, such as to their local hospital and public market.
LANDBANK likewise financed the concreting of road networks in Ilagan City to enhance the connectivity between its 91 barangays, which is already 90% completed as of end-January 2023.
Built with street lamps and concrete drainage, the concrete road network has made transportation safer and more efficient even in remote areas, especially for farmers who previously struggled to transport their agricultural produce to the market.
Facilities for healthcare, recreation, and public services LANDBANK also supports the LGU’s priority projects to provide better healthcare and public services.
At the height of the COVID-19 pandemic in 2021, the LANDBANK-financed City of Ilagan Medical Center (CIMC) was opened to initially serve as an isolation facility for COVID patients. From having a small infirmary, the enhanced 100-bed CIMC now provides advanced medical services, such as endoscopy, radiology, and hemodialysis.
The hospital has already received three International Standardization Organization (ISO) Certifications for Quality Management System, Environment Management System and Occupational Health and Management System.
In 2007, LANDBANK approved a P65-million loan to fund the construction of Ilagan’s Municipal Hall – now a City Hall – in Brgy. San Vicente.
For the safety and convenience of its constituents and local government employees, LANDBANK likewise financed the construction of the then Ilagan Municipal Hall (now a City Hall) and multi-purpose barangay halls in the City.
Other projects of the LGU backed by the Bank include a sanitary landfill for sustainable waste disposal; a new public market that serves as a central hub for vendors; and daycare centers for children.
The Ilagan LGU also partnered with the Bank to finance the construction of recreational facilities in the City, including the new Ilagan Sports Complex, a local mall and hotel, as well as a multi-purpose commercial building, all of which generate significant revenue for the LGU.
The modern Ilagan Sports Complex funded by LANDBANK hosts national tournaments for various sports and houses a track and field oval certified by the International Association of Athletics Federations (IAAF).
P900 million of the LGU’s total loan will finance lot acquisition in the barangays of Alibagu, Marana 1st and Lullutan for various development projects, including the construction of 94 housing units in Alibagu. The loan will also be utilized for the expansion of the Ilagan City Hotel and Convention Center, as well as the establishment of CIMC’s Contagious Disease Building.
This will also fund the construction of a public market building in Brgy. Hacienda San Antonio and a bagsakan center with cold storage for agricultural products in Brgy. Marana 1st.
“Simula nung kami ay isang municipality pa lamang, nagtiwala na ang LANDBANK sa amin. Kasama namin ang LANDBANK na lumaki at lumago, at ngayon, we can already provide complete and quality services for the welfare of our people. Kaya malaki ang aming pasasalamat sa LANDBANK,” Mayor Diaz added.
With the help of LANDBANK, the LGU’s assets grew from P700 million in 2007 to P7 billion in 2022.
LANDBANK remains the biggest development partner of LGUs, in fulfilment of the Bank’s mandate to spur countryside development in stride with nation-building.
As of end-2022, the Bank’s outstanding loans to LGUs nationwide have reached P91.5 billion in support of local development projects, which include agri-related infrastructure, hospitals, schools, and utilities.
LANDBANK promotes habit of saving, rewards clients in IpoNalo Promo
LANDBANK continues to empower clients by promoting savings and rewarding lucky depositors through its IpoNalo Raffle Promo, which culminated in a grand draw on Valentine’s Day, 14 February 2025. Designed to encourage Filipinos to develop better saving habits, the IpoNalo Raffle Promo ran from 3 July 2024 to 31 January 2025, offering clients the dual advantage of growing their savings while earning raffle entries for a chance to win prizes. A total of 36 winners received premium Apple gadgets, including iPads, iPhones, and MacBook Airs, while three major prize winners took home ₱250,000, ₱500,000, and ₱1,000,000. The full list of winners will be posted on LANDBANK’s official Facebook page, and all winners will be notified directly through their registered contact details. “The overwhelming response to the IpoNalo Raffle Promo highlights the growing appreciation of Filipinos for the value of saving. We are thrilled to be a part of your financial journey towards securing a brighter and more secure future. With IpoNalo 2.0, we aim to encourage even more clients to prioritize financial security while rewarding their commitment to saving,” said LANDBANK President and CEO Lynette V. Ortiz. The IpoNalo Raffle Promo delivered outstanding results bringing in more than 15,000 new private accounts, which contributed ₱20 billion in deposits. In total, the promo generated ₱97 billion in new deposits across individual, corporate, and other accounts. Likewise, the Promo grew LANDBANK’s total Average Daily Balance (ADB) to over ₱240 billion, reinforcing the program’s effectiveness in encouraging Filipinos to save more and build financial security. Bigger rewards with IpoNalo 2.0 Building on the success of the initial promo, LANDBANK has launched the IpoNalo 2.0, offering even bigger prizes to encourage more Filipinos to save. Running from 1 February to 31 July 2025, the promo will give participants a chance to win a brand-new Toyota Innova Zenix, along with cash prizes of ₱1,000,000 and ₱500,000. All new and existing private individual and institutional LANDBANK deposit account holders can earn e-raffle tickets and join the LANDBANK IpoNalo 2.0 by increasing their deposits in their LANDBANK accounts from 01 February to 31 July 2025. The e-raffle draw will be on 14 August 2025. The IpoNalo Raffle Promo reflects LANDBANK’s commitment to innovate and implement programs that encourage financial discipline and saving among 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 MORELANDBANK, Yovel East partner to scale up accessible agri financing
LANDBANK President and CEO Lynette V. Ortiz (4th from left) and Yovel East Research and Development, Inc. President and CEO James P. Amparo (3rd from left) formalize a collaboration to empower Filipino farmers with accessible financing for innovative farming solutions on 14 January 2025 at the LANDBANK Plaza in Manila. Joining them as witnesses are Go Negosyo Founder and ASEAN Business Advisory Council Philippines Chair Jose Ma. Concepcion III (2nd from left), Go Negosyo-KALAP Senior Adviser and former Agriculture Secretary Dr. William D. Dar (leftmost), and LANDBANK officials Executive Vice President Ma. Celeste A. Burgos (5th from left) and First Vice President Eden B. Japitana (rightmost). In line with promoting modern and sustainable agriculture, LANDBANK and Yovel East Research and Development, Inc. (Yovel East) have recently partnered to further intensify support for Filipino farmers through accessible and increased financing and greater private-sector collaboration. The partnership is set to expand the reach and impact of the LANDBANK AGRISENSO Plus Lending Program—designed to provide holistic and strategic support for key players in the agricultural value chain—and assist Yovel East in managing clustered farms to deliver comprehensive assistance to its farmer-beneficiaries. LANDBANK President and CEO Lynette V. Ortiz and Yovel East President and CEO James P. Amparo formalized the partnership on 14 January 2025 at the LANDBANK Plaza in Manila. Present as witnesses were Go Negosyo Founder and ASEAN Business Advisory Council Philippines Chair Jose Ma. Concepcion III, Go Negosyo-KALAP Senior Adviser and former Agriculture Secretary Dr. William D. Dar, and LANDBANK officials Executive Vice President Ma. Celeste A. Burgos and First Vice President Eden B. Japitana. “At LANDBANK, we believe that financial assistance is just one piece of the puzzle in addressing the challenges faced by the agricultural sector. Our mission extends to providing comprehensive support across the entire agricultural ecosystem,” said LANDBANK President and CEO Ortiz. Under the partnership, Yovel East will serve as an anchor firm for the LANDBANK AGRISENSO Plus Lending Program and endorse potential borrowers to LANDBANK, while promoting technology-driven pre- and post-harvest facilities. Yovel East, a leading agricultural enterprise in the Philippines, is transforming rice production through its innovative "WeWillRice Program," which delivers a fully integrated, end-to-end rice production process for clustered farms. The Program facilitates the buyback of palay and manages the wholesale or retail marketing of produce, which ensures stable markets, promotes efficiency, and maximizes benefits for farmers. “Providing sustainability and consistency is always the thing that we want to achieve. Through this partnership, Yovel East assures that we will further expand the reach of AGRISENSO Plus and our WeWillRice Program to help more farmers,” said Yovel East President and CEO James Amparo. For its part, LANDBANK will be extending to eligible partners endorsed by Yovel East the AGRISENSO Plus Lending Program that provides affordable financing to small farmers and fishers, Agrarian Reform Beneficiaries (ARBs), and the whole agriculture value chain, aimed at bolstering nationwide food security and sufficiency. As of December 2024, the LANDBANK AGRISENSO Plus has supported 3,346 farmers with an outstanding loan portfolio amounting to P494.8 million. LANDBANK remains committed to its mandate of promoting agriculture, fisheries and rural development, and empowering all players of the agriculture value chain and their communities towards a brighter future. ABOUT LANDBANK LANDBANK is the largest development financial institution in the Philippines promoting financial inclusion, digital transformation, and sustainable national development. Present in all 82 provinces in the country, the Bank is committed to provide accessible and responsive financial solutions to empower Filipinos from countryside to countrywide.
LEARN MORELANDBANK opens ‘phygital’ branch in Manila, eyes nationwide rollout
LANDBANK President and CEO Lynette V. Ortiz (4th from left) and Deputy Treasurer of the Philippines Ma. Nanette C. Diaz (5th from left) lead the inauguration of the LANDBANK Makati Business Center - Ayala Avenue Phygital Branch in Makati City on 30 January 2025. Joining them are (from L-R) PDIC President and CEO Robert B. Tan, LANDBANK Executive Vice President Liduvino S. Geron, GCG officials Commissioner Atty. Brian Keith F. Hosaka, Chairman Atty. Marius P. Corpus, and Commissioner Atty. Geraldine Marie Berberabe-Martinez, and Office of the Special Assistant to the President for Investment and Economic Affairs Undersecretary Jose Edwiniel C. Guilas. MAKATI CITY – LANDBANK opened its first ‘phygital’ branch in Metro Manila as part of the Bank’s nationwide rollout of modernized branches to provide Filipinos more accessible and innovative financial services. The LANDBANK Makati Business Center – Ayala Avenue Phygital Branch, located in Robinsons Summit Center on Ayala Avenue in Makati City, combines physical and digital services for a more streamlined, seamless, and delightful customer experience. LANDBANK President and CEO Lynette V. Ortiz and Deputy Treasurer of the Philippines Ma. Nanette C. Diaz led the inauguration rites for the LANDBANK Makati Business Center – Ayala Avenue Phygital Branch on 30 January 2025. Governance Commission for GOCCs (GCG) Chair Atty. Marius P. Corpus and Commissioners Atty. Brian Keith F. Hosaka and Atty. Geraldine Marie Berberabe-Martinez, and Philippine Deposit Insurance Corporation (PDIC) President and CEO Robert B. Tan also graced the event. “Our phygital branches represent a bold and timely step forward in bridging traditional banking with digital innovation. This reflects LANDBANK’s commitment to empower Filipinos by delivering accessible, customer-focused, and inclusive financial services,” said LANDBANK President and CEO Ortiz. This latest upgraded branch is LANDBANK’s eighth phygital branch, as the Bank plans to inaugurate at least 30 more phygital branches nationwide by the end of the year. Transforming the Branch Experience LANDBANK phygital branches feature a refreshed look with self-service machines, new queuing and tellering systems, meeting pods, and interactive zones. Each branch has a dedicated phygital ambassador to assist and guide customers to the machines or areas suitable to their needs, ensuring personalized support. Over-the-counter transactions in LANDBANK phygital branches are also simplified through the LANDBANK Easy Access (LEA) system, which eliminates the need to fill out forms. Account opening is initiated through the Digital Online Banking System (DOBS), accessible via the DOBS Corners in the branch or via the LANDBANK website for added convenience. Meanwhile, the Explore Zone offers clients the opportunity to learn more about LANDBANK’s wide range of financial products and services designed to help them achieve their financial goals. The meeting pods are specifically designed for consultations with LANDBANK marketing officers, providing clients with personalized guidance on how to maximize the benefits of the Bank’s offerings. The phygital branches are likewise equipped with automated teller machines (ATMs) and cash deposit machines (CDMs) that offer card and cardless transaction options. Soon, LANDBANK phygital branches will introduce additional features, including self-service passbook updating and ATM card issuance and updating, ATM withdrawal via quick response (QR) code, and access to DOBS via mobile and web with automatic scheduling for account opening. As LANDBANK sets its sights on broader nationwide expansion, the phygital branch model underscores its commitment to leveraging technology to drive financial inclusion and customer satisfaction. Customers can also open a savings account online through the straight-through account opening feature of the LANDBANK Mobile Banking App (MBA), without visiting a branch. The LANDBANK MBA is a free application that offers seamless and convenient online fund transfers, bills payments, and balance inquiries, among others. 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. LANDBANK operates 607 branches and branch-lite units and 60 lending centers nationwide, complemented by 3,229 ATMs, 238 CDMs, 1,130 LANDBANKasama partners, and an additional 3,449 ATMs in partner 7-11 convenience stores.
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