LANDBANK reaffirms its financial strength and stability, following the Bank’s P50-billion contribution to the Maharlika Investment Fund (MIF), and remains fully committed to its mandate as a reliable partner to the national government’s inclusive development agenda. The state-run Bank has consistently met and exceeded the minimum requirements of the Bangko Sentral ng Pilipinas (BSP) for Capital Adequacy Ratio (CAR)—a critical benchmark of financial health—as it stays financially robust with no urgent need for additional capital. Earlier this year, LANDBANK remitted P32.119 billion in cash dividends to the National Government—the highest among all Government Owned and Controlled Corporations (GOCCs) and in the Bank’s history. This milestone reflects the Bank's sustained financial strength and ability to generate consistent revenues while fulfilling its developmental mandate. As of 30 November 2024, LANDBANK’s CAR remains at a healthy level of 16.42% which is well above the 10% regulatory threshold, further demonstrating the Bank’s resilience against financial and operational risks. Following the P50-billion seed capital allocation to the MIF in September 2023, LANDBANK’s CAR stood at 16.20%, remaining comfortably above regulatory requirements and reflecting the Bank’s commitment to financial stability. The Bank also clarified that regulatory relief was sought from the BSP as a proactive measure to maintain resilience. LANDBANK has consistently adhered to prudent financial management practices, effectively utilizing its resources to promote agriculture, fisheries and rural development, and empower key development sectors. 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.
READ MOREDirector Virginia N. Orogo (5th from right) accepts the award on behalf of LANDBANK for being the top GOCC in corporate governance for 2023 from Executive Secretary Lucas P. Bersamin (6th from right), GCG Chairperson Atty. Marius P. Corpus (7th from right), and GCG Commissioners Atty. Brian Keith F. Hosaka (8th from right) and Atty. Geraldine Marie Berberabe-Martinez (rightmost) during the 2024 GCG Awards Ceremony on 25 November 2024 at the PICC Complex in Pasay City. Joining them are LANDBANK Executive Vice President Liduvino S. Geron (4th from right), Senior Vice President Atty. Roderick P. Sacro (leftmost), and Vice Presidents Atty. Myra-Lyn S. Peñalosa (3rd from right), May D. Arizabal (2nd from right), and Atty. Nikkolas G. Tolentino (9th from right). (Photo credits to GCG) LANDBANK was named the top government-owned and controlled corporation (GOCC) for the second consecutive year, earning the highest rating for corporate governance in 2023 from the Governance Commission of GOCCs (GCG). The state-run Bank garnered an unprecedented rating of 104% on the GCG’s Corporate Governance Scorecard (CGS), exceeding the rating ceiling of 100%. The CGS is an evaluation tool that assesses the corporate governance practices of GOCCs, using a methodology aligned with international standards. “Being recognized anew as the top GOCC for corporate governance reflects LANDBANK’s steadfast commitment to transparency, accountability, and excellence in public service. This recognition drives us further to continuously foster a culture of good governance, ensuring that we remain a reliable and trusted partner in promoting inclusive and sustainable growth across the nation,” said LANDBANK President and CEO Lynette V. Ortiz. Executive Secretary Lucas P. Bersamin, alongside GCG Chairperson Atty. Marius P. Corpus and Commissioners Atty. Brian Keith F. Hosaka and Atty. Geraldine Marie Berberabe-Martinez, conferred the award to LANDBANK during the 2024 GCG Awards Ceremony at the PICC Complex in Pasay City. LANDBANK Director Virginia N. Orogo received the award on behalf of the Bank, along with Executive Vice President Liduvino S. Geron, Senior Vice President Atty. Roderick P. Sacro, and Vice Presidents Atty. Myra-Lyn S. Peñalosa, May D. Arizabal, and Atty. Nikkolas G. Tolentino. LANDBANK also ranked among the top-ranking GOCCs in the 2023 GCG Performance Evaluation System (PES), which measures the achievements of GOCCs based on performance criteria, targets, and weighted indicators outlined in the Performance Scorecard. In addition, LANDBANK received a Sustainability Award for its outstanding commitment to sustainability values and practices. The Bank was further lauded for consistently achieving high scores in the "Responsibilities of the Board" section of the Corporate Governance Scorecard and for adhering to the Global Reporting Initiative (GRI) Standards in its Sustainability Reporting for calendar years 2021 to 2023. LANDBANK has long been committed to upholding the highest ethical standards while faithfully fulfilling its role in nation-building. In 2024, the Bank remitted a record-setting P32.119 billion in cash dividends to the National Government—the highest in the Bank’s history and among all GOCCs—to support the country’s priority infrastructure projects and socio-economic programs. From governance to sustainability, LANDBANK continues to set benchmarks for excellence in the public sector, solidifying its role as a key and reliable partner in empowering the country’s drive toward inclusive progress. 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.
READ MORELANDBANK welcomed the recent passage of Republic Act No. 11954 as amendment to the Rice Tariffication Law (RTL), and expressed full support for the extension of the Rice Competitiveness Enhancement Fund (RCEF) for another seven years, aimed to accelerate modernization in the rice sector and strengthen the resilience and productivity of Filipino rice farmers. As one of the implementers of RCEF in partnership with Department of Agriculture (DA), LANDBANK delivers credit assistance at low-interest rates with simplified processes to ensure accessibility for individual rice farmers and cooperatives in major rice producing provinces. Under the Expanded Rice Credit Assistance of the Rice Competitiveness Enhancement Fund (ERCA-RCEF), LANDBANK has extended P2.89 billion in loans to support rice production and post-harvest activities from 2019 to 2024. LANDBANK’s loans have benefitted 17,767 individual rice farmers and 270 cooperatives with more than 47,100 member-beneficiaries, which were channeled for palay production, milling and trading, re-lending, and the acquisition of farm machineries. Notably, 98% of LANDBANK’s direct borrowers under the program are individual rice farmers. “LANDBANK fully supports the RCEF extension towards strengthening our collective efforts to empowering Filipino rice farmers and boosting agricultural competitiveness. This significant step will bolster food security and sustainability, and the Bank stands ready to continue its active role in supporting this initiative,” said LANDBANK President and CEO Lynette V. Ortiz. LANDBANK has remained faithful to its social mandate of promoting inclusive and sustainable development as the biggest credit provider to the agriculture sector servicing all components of the agriculture value chain. As of October 2024, the Bank has extended outstanding loans amounting to P769.68 billion in support of agriculture, fisheries and rural development under Republic Act No. 11901, otherwise known as “The Agriculture, Fisheries and Rural Development Financing Enhancement Act of 2022.” LANDBANK’s investments in promoting countryside development of P769.68 billion represents 55.5% of the Bank’s total P1.387 trillion gross loan portfolio. The Bank has also assisted a total of 3.93 million small farmers and fishers nationwide through loans and various support interventions. 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.
READ MORELANDBANK President and CEO Lynette V. Ortiz (3rd from left) and Sugar Regulatory Administration (SRA) Administrator Pablo Luis S. Azcona (4th from left) lead the signing of the Revised Implementing Rules and Regulations (IRR) of the Socialized Credit Program under the Sugarcane Industry Development Act (SCP-SIDA) on 16 December 2024 at the SRA Sugar Center Building, North Avenue Diliman, Quezon City. The streamlining of the Program's processes aims to provide more accessible and affordable credit support, in line with the Bank's commitment to empowering Filipino sugarcane farmers and boosting the country's agriculture sector. As of end-November 2024, LANDBANK has approved loans under the SCP-SIDA amounting to P1.32 billion, benefitting over 4,000 individual borrowers, including six block farms and four common service centers nationwide. Joining the event are LANDBANK Executive Vice President Ma. Celeste A. Burgos (2nd from left), Department of Agriculture Assistant Secretary for Logistics Daniel Alfonso N. Atayde (leftmost), together with SRA Board Members Ma. Mitzi V. Mangwag (2nd from right) and David Andrew L. Sanson (rightmost). 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.
READ MOREGet a FREE treat when you tap to pay with your Visa card at Jollibee! Promo Period: December 23, 2024 to February 15, 2025 Merchant Terms and Conditions This promo is open to all Visa Credit, Debit, or Prepaid Cardholders with valid cards issued. The promo period is from December 23, 2024 to February 15, 2025. To qualify for the promo, the Cardholder should use any qualified Visa card within the promo period for a minimum food purchase of PHP 600 at any participating Jollibee stores. The Cardholder should charge the whole amount of the minimum food purchase to only one of his/her qualified Visa cards. Qualified Cardholders are entitled to one (1) FREE Jollibee treat of their choice from the list: Jolly Spaghetti, Cheesy Classic Jolly Hotdog, Chocolate Sundae Twirl, and Regular Jolly Crispy Fries. The Cardholder is allowed to participate anytime within the promo period and shall be eligible for only one (1) Reward per day. Visa Terms and Conditions This promo is available for dine-in, take-out, and drive-thru transactions only. Online/delivery orders via Jollibee Delivery or third-party app platforms (e.g. foodpanda, GrabFood, etc.) are not included in this promo. The Minimum Food Purchase shall be inclusive or net of all applicable taxes, service charges, promos, and discounts (including government-mandated discounts, such as the Senior Citizen Discount and Person with Disability Discount). However, if the application of the government-mandated discounts would result in the Cardholder not qualifying for the free product due to not meeting the Minimum Food Purchase, then the Cardholder may, at their sole option, choose to waive his/her government-mandated discount in order to qualify for the free product, if it results in a greater benefit. Orders cannot be cancelled once it is being processed. No refunds and cancellation will be entertained. Free product is not exchangeable for cash or credit and cannot be used in conjunction with any other promo or discount. To maintain quality and freshness, all redeemed food products must be consumed within one (1) hour from receipt thereof. raffle draw winners. All feedback/concern related to the quality of the redeemed products or in relation to this promotion must be addressed to feedback@jfc.com.ph within twenty-four (24) hours upon receipt of the products. Otherwise, Jollibee will not be liable for any claims beyond the said prescription period. All feedback/concerns related to the Promotion must be addressed to feedback@jfc.com.ph, except that all complaints relating to the Qualified Card (e.g., card declined) must be addressed to the issuing bank. Notice: During the redemption, Jollibee stores will NOT collect any information from customers. Please protect your personal information. Per DTI Fair Trade Permit No. FTEB-209454 Series of 2024
READ MOREMECHANICS 1. “IpoNalo 2.0, Power Up” is open to all new and existing private individual and institutional LANDBANK deposit account holders. 2. Accountholders qualified for the promo shall earn one (1) e-raffle ticket for every increment of Php50,000 ADB for Private Individual Depositors and Php1,000,000 ADB for Private Institutions/Corporates. E-raffle tickets are non-transferable. 3. Eligible Accounts to join the promo a. Savings Account – Regular Passbook and ATM b. Dollar Savings Account c. Current Account – Regular and Interest-Bearing Current Account d. Easy Savings Plus (ESP) Individual at a maximum rate of 3.5% e. OptiSaver Account f. GreenGrowth Account g. High Yield Savings Account (HYSA) at a maximum rate of 3.5% h. Regular Time Deposit at posted rate i. ESP institutional at a maximum rate of 3.5% 4. Eligible clients may only win once during the raffle promotion. In cases where a client’s entries are drawn for multiple prizes, the prize with the higher value will be awarded to them. Any other prizes drawn for the same client will be forfeited in favor of the next eligible winner. 5. Qualified Accountholders will be notified via SMS or email by the LANDBANK Corporate Affairs Group (CAG) on the number of e-raffle tickets they earned. 6. Accountholders who are qualified for the promotion will have a chance to win any of the following prizes: Specifications of the vehicle prize: The Toyota Innova Zenix 2.0 Q Hybrid CVT is a top-spec model that combines a 2.0-liter gasoline engine with an electric motor, delivering a combined output of 186 horsepower. It features a continuously variable transmission (CVT) and premium amenities, including second-row captain seats with a power ottoman, leather upholstery, and advanced safety systems like Toyota Safety Sense. Priced at PHP 1,953,000, the 2.0 Q Hybrid CVT also includes a 10.1-inch infotainment display with Apple CarPlay and Android Auto connectivity, automatic climate control, and comprehensive safety features. Built on the TNGA-C platform, the Innova Zenix offers a front-wheel-drive layout and enhanced interior space compared to its predecessor. 7. Vehicle prize is non-transferrable and not convertible to cash. 8. The cost of the transfer of ownership for the vehicle prize will be shouldered by the winner. 9. The release venue for the vehicle prize will be located in the NCR (National Capital Region). 10. All cash prizes shall be credited to the accounts of the winners. 11. Withholding tax on all prizes shall be paid by the bank. 12. The promo will run from February 1, 2025, to July 31, 2025, and the e-raffle draw shall be on August 14, 2025. 13. The e-raffle draw shall be held at the LANDBANK Plaza in Malate, Manila in the presence of the Department of Trade and Industry (DTI) and LANDBANK Representatives. 14. The winning e-raffle tickets shall be drawn using the LANDBANK e-Raffle System. 15. Winners shall be notified by the LANDBANK Corporate Affairs Group (CAG) via registered mail, email and mobile number and will also be published on LANDBANK’s official Facebook Page. 16. Names of winners shall be posted on the LANDBANK website and other official social media pages (e.g., Facebook, Instagram, Twitter, Viber, etc.). To claim their prizes, winners must present the following to their respective LANDBANK branches of account: a. one (1) photo-bearing government issued ID b. Copy of notification letter sent by Corporate Affairs Group 17. To claim the prize, winner must present the following to the branch of account: a. one (1) photo-bearing government issued ID b. Copy of notification letter sent by Corporate Affairs Group 18. The winner shall personally sign the Acknowledgement Receipt at the branch where the winning deposit account is maintained. a. For Sole Proprietorship, the receipt of the prize shall be to the proprietor/owner of the winning deposit account. b. For joint “and” accounts, all depositors must be present to sign the Acknowledgement Receipt. If a co-depositor is not available, a Special Power of Attorney (SPA) must be executed in favor of the other depositor to sign the Acknowledgement Receipt. In case of “or” account, any one of the depositors may sign in the Acknowledgement Receipt, provided the other depositor was properly informed by the depository branch. c. For Institutional depositors, authorized signatories may sign in the Acknowledgement Receipt. 19. The deposit account of the winner must be active and not closed during the promo period until the cash prize is credited to their account. 20. If the winner is unavailable/unable to claim the prize personally, an original copy of a notarized Special Power-of-Attorney (SPA) must be presented authorizing a representative to claim the prize on their behalf. 21. All other expenses in claiming the prizes shall be paid by the winners-depositors. 22. Redemption of prizes is allowed up to 60 days from the date of receipt of the notification. Prizes not claimed within the period shall be forfeited, and the PMT shall award the prizes to the buffer winners. Other Conditions 23. Winners shall agree to be featured on the LANDBANK website and other official social media pages (e.g., Facebook, Instagram, Twitter, Viber, etc.). 24. By participating on the “IpoNalo 2.0, Power Up” Promo, the winning accountholders shall agree to authorize LANDBANK to use and disclose their personal information, including but not limited to their name and branch of account for whatever marketing purposes relative to this promo. Furthermore, the winners shall agree to waive any claims to royalties, rights, or remuneration for such use on LANDBANK website, social media pages, and press releases. 25. The prize of an accountholder whose account was closed, for whatever reason, as of the date of raffle prize crediting, is automatically forfeited. 26. In case of any dispute, the decision of the LANDBANK with the concurrence of DTI shall be final with respect to the Promo, including eligibility, e-raffle ticket entitlement, and prize crediting. 27. The Bank reserves the right to verify participants' eligibility and disqualify any entries that fail to comply with the promotional terms. 28. LANDBANK reserves the right to refuse to award the prize if the documents submitted are incomplete, insufficient, and inadequate or when the Bank has any reason to believe that any of the documents submitted is spurious or forged. 29. The Bank, in concurrence of DTI, reserves the right to discontinue, or cancel the promo at any time. 30. All employees of LANDBANK including its Board of Directors and their relatives up to the second civil degree of consanguinity or affinity are disqualified from winning in the promotion. Per DTI Fair Trade Permit No. FTEB-213156 Series of 2025.
READ MORELANDBANK, alongside government and private partners, and AGRISENSO Plus farmer-borrowers, launch the LANDBANK ASCEND capacity-building program that aims to support at least 10,000 small farmers, fishers, and agrarian reform beneficiaries nationwide annually starting in 2025. LAL-LO, Cagayan — In line with its continuing mission to boost the agriculture sector and accelerate rural development, LANDBANK launched a comprehensive capacity-building program to equip agricultural players with the knowledge, skills, and resources needed for sustained growth and success. The LANDBANK Agri-Fishery Support thru Capability Enhancement for Nationwide Development (ASCEND) Program addresses the critical need for tailored interventions among agricultural stakeholders to ensure productive and profitable agri-business ventures, in line with Republic Act 11901 or “The Agriculture, Fisheries, and Rural Development (AFRD) Financing Enhancement Act of 2022.” Under the LANDBANK ASCEND, the Bank targets to support at least 10,000 small farmers, fishers, and agrarian reform beneficiaries (ARBs) nationwide annually starting in 2025. LANDBANK President and CEO Lynette V. Ortiz, alongside National Government partners Department of Agriculture (DA) Undersecretary Roger V. Navarro and Department of Agrarian Reform (DAR) Regional Office II Director Primo C. Lara, with local partner Lal-lo Vice Mayor Maria Olivia B. Pascual, led the ASCEND Program’s launch on 24 January 2025 at Lal-lo Municipal Gymnasium. The event gathered around 1,000 agriculture stakeholders from Cagayan and key representatives from other government and private partners, including the Agricultural Credit Policy Council (ACPC), National Irrigation Administration (NIA), Philippine Coconut Authority (PCA), Agricultural Training Institute (ATI), Cooperative Development Authority (CDA), Philippine Crop Insurance Corporation (PCIC), Technical Education and Skills Development Authority (TESDA), AGREA Agricultural Communities International Foundation, Inc. (AGREA), and LANDBANK Countryside Development Foundation Inc. (LCDFI). “With LANDBANK ASCEND, we aim to elevate the livelihoods of local agricultural producers, empowering them to maximize their full potential and actively contribute to national economic growth. This complements our continued efforts to provide accessible financial assistance and other meaningful support interventions across the agriculture value chain,” said LANDBANK President and CEO Ortiz. The LANDBANK ASCEND Program delivers holistic support through six integrated components. The Training and Upskilling component provides technical training to strengthen individual and organizational capabilities, while the Digital Financial Literacy component equips beneficiaries with essential skills for more effective financial management. The Program also employs Stakeholder Mapping to classify beneficiaries based on their capacity levels and financing access. Insights from this process will be utilized in Module Development to create customized training materials. The modes of training delivery include classroom sessions, virtual platforms, hands-on activities, demonstrations, coaching, and mentorships. To ensure sustainable outcomes, the Program incorporates a Monitoring and Evaluation component to assess the effectiveness of training modules and track the progress of beneficiaries. Additionally, the Market Linkage component connects beneficiaries to market opportunities through business clustering and other schemes. LANDBANK ASCEND serves as the capacity-building component of the LANDBANK AGRISENSO Plus Program, which features expanded eligibility, lower interest rates, and simplified loan process to provide broader access to credit and other support interventions for all players in the agriculture value chain. Eligible beneficiaries of the LANDBANK ASCEND include ARBs, duly registered farmers, as well as members of their household and their micro, small, and medium enterprises (MSMEs), and agrarian reform communities. Interested participants may visit any LANDBANK Lending Center or Branch, or contact LANDBANK’s Customer Service Hotline at 028405700 for more details. 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. LANDBANK operates a total of 10 branches and branch-lite units and a lending center in Cagayan, complemented by 57 automated teller machines (ATMs), seven cash deposit machines (CDMs), 27 LANDBANKasama partners, and additional 16 ATMs in partner 7-11 convenience stores.
READ MORELANDBANK 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.
READ MOREPROMO DESCRIPTION: Raffle promo for LANDBANK Mobile Banking App (MBA) users who will utilize the application for merchant payments and interbank fund transfers (InstaPay) by scanning QR codes. SCOPE: The raffle entries will be given only to individuals who will transfer funds and pay merchants using the LANDBANK MBA QR code scanning. One raffle entry per successful transaction. ELIGIBILITY CRITERIA: Participants must be existing LANDBANK accountholders enrolled in the iAccess/MBA and must meet the following criteria: 1. Must pay merchants via QR Code scanning through LANDBANK MBA 2. Must transfer funds to other banks (InstaPay) via QR Code scanning through MBA PROMO PERIOD: February 1, 2025 to April 30, 2025, until 11:59 PM on the last day of the monthly promo period RAFFLE PRIZES: Monthly Draws: Three (3) monthly raffle draws. • Monthly Prize: P5,000.00 • Number of Winners: 25 winners per monthly draw. SCHEDULE OF THE RAFFLE DRAWS: Monthly Draws: The raffle draws will be held on the 10th floor, LANDBANK Plaza, 1598 MH Del Pilar corner Dr. J. Quintos Streets, Malate, Manila to be witnessed by a DTI representative after each month with the schedule below: February 1-28, 2025 Deadline of Transactions - February 28, 2025 at 11:59 PM Schedule of Raffle Draw - March 14, 2025 March 1-31, 2025 Deadline of Transactions - March 31, 2025 at 11:59 PM Schedule of Raffle Draw - April 14, 2025 April 1-30, 2025 Deadline of Transactions - April 30, 2025 at 11:59 PM Schedule of Raffle Draw - May 14, 2025 PRIZE REDEMPTION: Monthly Draws: Winners will receive a prize of P5,000.00 each (25 winners per draw). Prize Credit: Prizes will automatically be credited to the winners’ LANDBANK account, used to participate in the raffle, within 3-5 banking days after the raffle draw. Notification: Raffle Winners will be informed via registered mail and SMS. Posting: The names of the raffle winners will be posted on LANDBANK’s official social media channels subject to the consent of client SELECTION PROCESS: 1. Entry Pool: Individuals who transfer funds and pay merchants via QR code scanning through the MBA before the monthly cut-off will be automatically entered into the pool of entries for the corresponding monthly draw. 2. Raffle Entries: Each fund transfer and payment transaction earns one raffle entry with the Transaction Reference Number serving as the raffle ticket. 3. Winner Selection: Winners are randomly chosen through an automated raffle draw based on their Transaction Reference Number. 4. Winning Limitation: Participants can win once per draw within the promo period. All raffle tickets will only be qualified for their respective monthly raffle draws, e.g. fund transfers and payment transactions made in February 2025 will only be qualified for the March 2025 monthly raffle draw and excluded in the April 2025 and May 2025 monthly draws. 5. Account Status: The winner’s LANDBANK account must be active and not closed during the raffle draw date. 6. Disqualification: Employees of Land Bank of the Philippines, its promo partners, organizers, including their relatives up to the second degree of consanguinity or affinity are disqualified from participating in the promo.
READ MORELANDBANK 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.
READ MOREAs of Mon, April 28, 2025
| Buying | Selling | |
|---|---|---|
| USD | 56 | 56.5 |
| JPY | 0.384503 | 0.399342 |
| EUR | 62.734299 | 65.163993 |
| GBP | 73.505595 | 76.352462 |
| HKD | 7.193121 | 7.729313 |
As of Fri, April 25, 2025
| UITF | NAVPU |
|---|---|
| Cash Management Fund | 1.557629 |
| Money Market Fund | 1.310792 |
| Money Market Plus Fund | 1.223222 |
| PERA Money Market Fund | 1.023734 |
| Medium-Term Bond Fund | 2.469743 |
| Bond Fund | 2.02113 |
| PERA Bond Fund | 1.197928 |
| Balanced Fund | 2.611204 |
| Growth Fund | 2.585961 |
| Alpha Equity Fund | 3.010427 |
| Blue Chip Equity Fund | 0.962315 |
| Equity Fund | 0.785213 |
| High Dividend Equity Fund | 1.009253 |
| US$ Money Market Fund | 1.431944 |
| Global $ Fund | 1.523469 |
