Get a P100 supermarket GC when you use your Visa (min of P3,000) in participating Ayala Malls from Jan 1- Feb 28, 2021. 1. The promo is open to all mall patrons of legal age and residing in the Philippines. 2. The promo is available at the following participating Ayala Malls. a. Abreeza b. Alabang Town Center c. Ayala Center Cebu d. Ayala Malls Cloverleaf e. Ayala Malls Feliz f. Ayala Malls The 30th g. Ayala Malls Solenad h. Bonifacio High Street i. Centrio Mall j. Fairview Terraces k. Glorietta l. Greenbelt m. Harbor Point n. Market! Market! o. MarQuee Mall p. TriNoma 3. The promo is valid from January 1, 2021 to February 28, 2021. 4. For every single receipt worth PHP 3,000 minimum paid using a Visa card at any merchant of the participating Ayala Malls, the Cardmember is entitled to PHP 100 worth of GC from the supermarket of the participating Ayala Mall where the purchase was made. 5. The Cardmember must register to join the promo. The registration may be done digitally (via the Ayala Malls Online Promo Portal) or manually (via the Concierge of the participating Ayala Mall where the transaction was made). a. Digital registration: The Cardmember must scan the QR code placed on the posters stationed around the mall or posted online which will lead the Cardmember to the Ayala Malls Online Promo Portal. The Cardmember must complete the following details and requirements. i. Register (if the Cardmember doesn’t have an account yet), log in (if the Cardmember already has an account), or join as guest (if the Cardmember doesn’t want to create an account or log in). ii. Fill up the registration form with the following information: 1. Mall 2. Name (first name, middle name, last name) 3. First 6 and last 4 digits of the Visa card number Merchant Offers Resource Center Content Downloaded On: January 11, 2021 06:18 3 4. Email address 5. Complete address 6. Mobile number 7. Promo name 8. Store / merchant 9. Sales invoice / official receipt number 10. Purchase amount 11. Actual photos of the sales invoices / official receipts and transaction slips iii. A Cardmember may submit up to six (6) entries per submission, and may upload up to twelve (12) photos per submission – six (6) sales invoice / official receipts and six (6) transaction slips. iv. A prompt / acknowledgement pop-up message will appear in the Ayala Malls Online Promo Portal right after the Cardmember finishes the registration. v. If the Cardmember is qualified, a confirmation email with the redemption details will be sent to the Cardmember’s email address within forty-eight (48) hours upon registration to the promo. b. Manual registration: The Cardmember can also register via the Concierge of the participating Ayala Mall where the transaction was made by presenting the following. i. Information stub that is filled out with the following details 1. Name (first name, middle name, last name) 2. First 6 and last 4 digits of the Visa card number 3. Email address 4. Complete address 5. Mobile number ii. Visa card along with valid government-issued identification cards with photo and signature (e.g. driver’s license, unified ID, passport) iii. Actual sales invoice / official receipt and transaction slip The Ayala Malls Concierge will validate, mark the sales invoice / official receipt and transaction slip as claimed, and encode the details in the Ayala Malls Online Promo Portal. 6. There is no limit to the number of premiums that a Cardmember may earn as long as each entry meets the spend requirement. 7. For installment purchases, the principal / full purchase amount shall be considered in the computation of spend. 8. The Cardmember may earn the PHP 100 worth of GC upon confirmation of the purchase transaction. Cancellation of purchases result in cancellation of the equivalent premiums earned.
READ MOREDepartment of Agriculture (DA) Secretary William Dar (5th from left), Sta. Maria Mayor Brigido Camarillo Jr. (6th from left), and LANDBANK North Luzon Branches Group Head, First Vice President Ma. Belma Turla (4th from left) lead the inauguration and opening of Sta. Maria Agri-Hub on January 16, 2021. Joining them are (left to right) DA Assistant Secretary Noel Reyes, LANDBANK Sta. Maria Agri-Hub Head Rene Domingo, Sta. Maria Vice Mayor Michael Florendo, Philippine Coconut Authority (PCA) Board Member Rosalina Bistoyong, LANDBANK Narvacan Branch Head Department Manager Marichu Dagdagan, and DA Region 1 Director Nestor Domenden. STA. MARIA, Ilocos Sur – The Land Bank of the Philippines (LANDBANK) officially opened its newest Agri-Hub in the municipality of Sta. Maria, Ilocos—the first in the province—on January 16, 2021. The LANDBANK Sta. Maria Agri-Hub is the 5th to open nationwide, along with four (4) newly opened Agri-Hubs in Calabanga, Camarines Sur; Barotac Viejo, Iloilo; Sual, Pangasinan, and Echague, Isabela. “The establishment of Agri-Hubs is a testament to LANDBANK’s continued commitment in bringing safe, secure, and convenient financial services to unbanked and underserved rice farming areas in the country. During these challenging times, LANDBANK remains steadfast in working together with the National Government to drive support for the agriculture sector, especially to small farmers and fishers,” said LANDBANK President and CEO Cecilia C. Borromeo. Department of Agriculture (DA) Secretary William Dar, Sta. Maria Mayor Brigido Camarillo Jr., and LANDBANK North Luzon Branches Group Head, First Vice President Ma. Belma Turla led the inauguration rites. They were joined by Sta. Maria Vice Mayor Michael Florendo, DA Assistant Secretary Noel Reyes, Philippine Coconut Authority (PCA) Board Member Rosalina Bistoyong, and DA Region 1 Director Nestor Domenden, together with LANDBANK Narvacan Branch Head Marichu Dagdagan and Sta. Maria Agri-Hub Head Rene Domingo. “A ‘one-stop-shop’ commercial bank is now here in Sta. Maria—providing banking, lending, agrarian services, and processing of agrarian reform bonds and rights. Ang dami pong mga serbisyo na very accessible sa kanayunan. This will make Sta. Maria again elevate itself because as we have commercial banks established, then more economic activities will flourish,” said DA Secretary Dar. The LANDBANK Sta. Maria Agri-Hub will provide financial and technical services to the Bank’s clients, especially to more than 10,000 farmers and fisherfolk in the municipalities of Sta. Maria, Burgos, and San Esteban. It will also offer LANDBANK’s various digital banking platforms, including the Digital Onboarding System (DOBS) which simplifies the account opening process for new clients to only 10-15 minutes. "With the establishment of the Sta. Maria Agri-Hub, I am certainly the happiest person in the world right now. As a pledge of support to this Agri-Hub, I went here yesterday to open my bank account. The municipality of Sta. Maria will continue to support LANDBANK,” said Mayor Camarillo. LANDBANK’s Agri-Hubs are strategically located in the top rice-producing provinces in the country and designed to provide a wide array of services. This includes banking services such as account opening, withdrawals, and check encashments; lending services such as the processing of loan applications; and agrarian services such as processing of Agrarian Reform (AR) bonds and handling of agrarian-related concerns from landowners, bondholders, and AR Beneficiaries (ARBs). With the opening of LANDBANK Sta. Maria Agri-Hub, the state-run bank now operates 411 branches and 66 branch-lite units nationwide. For more updates, please Follow, Like and Share the official LANDBANK Facebook, Instagram and YouTube accounts (@landbankofficial), Twitter (@LBP_Official), or visit the LANDBANK website (www.landbank.com).
READ MOREState-run Land Bank of the Philippines (LANDBANK) facilitated more than 6,700 orders worth P3.42 billion for the one-year peso-denominated Premyo Bonds 2 or “Premyo Bonds Para sa Bayan 2,” which represents 52% of the total P6.56 billion raised by the Bureau of the Treasury (BTr) from the bond offering. The bulk or P2.98 billion of LANDBANK’s total Premyo Bonds 2 sales were generated via over-the-counter placements at LANDBANK branches, while a total of P78.5 million in sales were generated through the Bank’s online channels. Of the P78.5 million online sales, P40.7 million was transacted through the pilot launch of the bond purchase feature in the mobile banking application of the Overseas Filipino Bank (OFBank), the digital-only branchless bank subsidiary of LANDBANK. The remaining P37.8 million was generated through LANDBANK’s Link.BizPortal via the BTr’s Online Ordering Facility. “Despite a pandemic-induced recession, we observed wider participation for the Premyo Bonds 2 offering. This became possible through more accessible online ordering platforms, which include the OFBank Mobile Banking Application (MBA) that encouraged more Filipinos abroad to invest their hard-earned money in safe and affordable government securities,” LANDBANK President and CEO Cecilia C. Borromeo said. It was the first time that the OFBank MBA was utilized as an online ordering facility for the Premyo Bonds, following OFBank’s launch as a digital-only, first branchless Philippine government bank on June 29, 2020. The OFBank MBA allowed Filipinos from 63 countries abroad such as the United Arab Emirates, Saudi Arabia, Canada, Qatar and Singapore to invest in the Premyo Bonds 2 through their smartphones, free of charge. Meanwhile, the state-run lender also generated total sales of P362 million under the BTr’s Exchange Offer program whereby bondholders of Premyo Bonds Tranche 1 could exchange their holdings for the latest Premyo Bonds 2 offering. The P6.56 billion total sales generated from Premyo Bonds 2 is more than double the P3-billion target of the BTr. Proceeds from the issuance will help fund the country’s educational programs, public infrastructure, and economic recovery in response to the ongoing COVID-19 pandemic and recent natural calamities. LANDBANK is Lead Issue Manager for the Premyo Bonds 2 offering. For more updates, please Follow, Like and Share the official LANDBANK Facebook, Instagram and YouTube accounts (@landbankofficial), Twitter (@LBP_Official), or visit the LANDBANK website (www.landbank.com).
READ MOREThe Land Bank of the Philippines (LANDBANK) expanded its total loan portfolio to the agriculture sector from P236.31 billion in 2019 to P237.62 billion in 2020, as the state-run bank remained aggressive in providing crucial lending support to the sector despite the challenges of the COVID-19 pandemic. Of the P237.62 billion total outstanding loans, P43.98 billion benefitted small farmers and fishers, cooperatives and farmers’ associations, rural financial institutions and other conduits. Small, medium, and large agribusiness enterprises were granted P142.75 billion, while P50.89 billion was channeled to support agri-aqua related projects of local government units (LGUs) and government-owned and controlled corporations (GOCCs). LANDBANK has also assisted cumulatively 2.67 million farmers and fishers nationwide as of end-2020, which translates to a 133.5-percent accomplishment rate over the full-year target of two (2) million. “The year 2020 was undoubtedly a challenging one, but LANDBANK remained steadfast in its commitment of delivering intensified support to the country’s agriculture sector. We will continue to address the specific requirements of more farmers, fishers, and other players in the local agribusiness value chain amid the pandemic and beyond,” said LANDBANK President and CEO Cecilia C. Borromeo. LANDBANK assisted farmers and fishers through its regular loan offerings and lending programs jointly implemented with the Department of Agriculture (DA) and the Department of Agrarian Reform (DAR). As of December 31, 2020, LANDBANK has released a total of P8.36 billion under the programs it has been administering for DA, which include the Agricultural Competitiveness Enhancement Fund (ACEF), the Socialized Credit Program under the Sugarcane Industry Development Act (SCP-SIDA), the Expanded Rice Credit Assistance under the Rice Competitiveness Enhancement Fund (ERCA-RCEF), and the Survival and Recovery Assistance Program for Rice Farmers (SURE Aid). Under DAR’s Credit Assistance Program for Program Beneficiaries Development (CAP-PBD), the Bank’s cumulative loan releases reached P600 million as of end-December 2020. LANDBANK is a government financial institution with the social mandate of promoting countryside development, servicing the financial needs of small farmers and fishers, micro, small and medium enterprises (MSMEs), countryside financial institutions (CFIs), LGUs, and government institutions. For more updates, please Follow, Like and Share the official LANDBANK Facebook, Instagram and YouTube accounts (@landbankofficial), Twitter (@LBP_Official), or visit the LANDBANK website (www.landbank.com).
READ MOREIn line with providing safe, accessible, and convenient electronic banking solutions, state-run Land Bank of the Philippines (LANDBANK) continues to waive fees for inter-bank fund transfers until March 31, 2021. First implemented during the height of community lockdowns in March and previously extended until December 2020, the waiver of fees covers retail clients who transfer funds through LANDBANK’s online banking channels via InstaPay and PESONet. “LANDBANK continues to leverage on digital solutions to provide our clients a responsive and safe banking experience in the new normal. We look to facilitate more simple transactions online, thereby ensuring our client’s health and safety during this pandemic,” said President and CEO Cecilia C. Borromeo. Digital banking soars LANDBANK also announced that transactions facilitated through its six major electronic channels grew by 21% in volume and 36% in amount in 2020 from 2019. The LANDBANK Mobile Banking App recorded 71.93 million transactions amounting to P85.12 billion, representing upsurges of 68% and 201%, respectively. The app was also upgraded last year with new features such as an improved user interface, cardless withdrawals, and the registration of LANDBANK Mastercard Credit and Prepaid Cards in the app. In addition, LANDBANK’s e-payment facility, Link.BizPortal, facilitated 2.12 million transactions equivalent to a 35% increase, with a total value of P7.95 billion representing a 71% growth rate. The Bank’s institutional internet banking platform, weAccess, also recorded increases of 30% and 41% for transactions and amount facilitated, respectively. LANDBANK also posted a 47% growth for the amount transacted via iAccess with P11.86 billion in 2020 compared to P8.08 billion in 2019. The Bank’s Electronic Modified Disbursement System (eMDS) for national government agency partners posted increases of 110,000 or 8% more transactions and P260.39 billion or a 28% jump in value. Lastly, LANDBANK’s Remittance System facilitated 1.92 million transactions for a 44% surge, with a total amount of P164.88 billion representing an expansion of 38% in 2020. For more information about LANDBANK’s e-banking services, clients may visit the Bank’s official website (www.landbank.com), or call LANDBANK’s customer service hotline at (02) 8-405-7000 or at PLDT Domestic Toll Free 1-800-10-405-7000.
READ MOREState-owned Land Bank of the Philippines (LANDBANK) is offering a new credit facility to support small farmers and Micro, Small, and Medium Enterprises (MSMEs) engaged in the agricultural value chains of cacao, coffee, coconut, and processed fruits and nuts. Through the Rural Agro-enterprise Partnership for Inclusive Development and Growth or RAPID Growth Credit Facility, LANDBANK seeks to provide financial assistance to stimulate business growth and sustainably increase the income of small farmers, as well as provide employment opportunities to unemployed individuals in selected provinces in Region 8 and Mindanao. The newly-launched credit facility is in support of the RAPID Growth Project implemented by the Department of Trade and Industry (DTI) and funded by the International Fund for Agricultural Development (IFAD), which aims to provide strategic business development interventions and matching grants to support agri-based MSMEs engaged in the identified value chains. LANDBANK will manage the credit facility in partnership with DTI, which will endorse beneficiaries qualified to borrow under the facility that include cooperatives, farmers' associations and organizations, Non-Governmental Organizations (NGOs), and MSMEs. “Through the RAPID Growth Credit Facility, LANDBANK aims to strengthen each link of our priority agriculture value chains from production until distribution. Together with DTI, we hope to increase the productivity and income of farmers and agri-based MSMEs who are crucial to the growth of these sectors,” said LANDBANK President and CEO Cecilia C. Borromeo. Borrowers may avail up to ninety percent (90%) of the project cost, net of matching grant from the DTI, with a fixed interest rate of 5% per annum for the first three (3) years to finance the costs of production inputs, machinery, facility and equipment. Eligible projects include the production of cacao, coconut, coffee and processed fruits and nuts, including the development of new plantation, replanting, rejuvenation, rehabilitation of old trees; establishment of nursery gardens; post-harvest activities such as fermentation and drying; processing or manufacturing such as roasting, grinding or milling, packaging and storing; and trading. Loans for production are payable based on crop cycle or gestation and payback period of the project. Meanwhile, loans for fixed asset acquisition are payable based on project cash flow but not more than the economic useful life of fixed assets or remaining useful life for secondhand or refurbished machines. Finally, loans for permanent working capital and working capital are payable up to three (3) years and one (1) year, respectively. For more information about LANDBANK’s Lending Programs, interested borrowers may contact the nearest open LANDBANK Lending Center or Branch nationwide, or call LANDBANK’s customer service hotline at (02) 8-405-7000 or at PLDT Domestic Toll Free 1-800-10-405-7000.
READ MOREThe Land Bank of the Philippines (LANDBANK) expressed its continuous support to the transportation sector during the opening ceremonies of the 5th Transport Cooperative National Congress on January 29, 2021. LANDBANK President and CEO Cecilia C. Borromeo assured transport cooperatives nationwide of readily available lending programs to help address the pressing concerns faced by the transport industry under the new normal. “LANDBANK is one with all the players in the transportation sector toward building a more resilient and modernized transport system. As your long-time partner in growth and development, we reaffirm our commitment to support your transformative journey toward the next normal of greater modernization,” said LANDBANK President Borromeo. Organized by the National Federation of Transport Cooperatives’ (NFTC) with the theme, “Transport Cooperatives’ Transformation towards the New Normal,” the National Congress was held to discuss several matters, including the implementation of the National Government’s PUV Modernization Program in relation to the challenges posed by the COVID-19 pandemic. Support to transport cooperatives The state-run Bank continues to offer the SPEED-PUVs Program (Support Package for Environment-friendly and Efficiently Driven PUVs Program) which extends affordable financing to transport cooperatives and corporations for the purchase of modern jeepneys. As of December 2020, LANDBANK has approved P1.2 billion-worth of loans from 25 borrowers for the acquisition of 574 modern units. Another 43 loan applications are in the pipeline amounting to a total loan application of P2.53 billion for the acquisition of 1,126 modern units. This came with the government subsidy which has been increased to P160,000 per vehicle effective last year. In 2020, LANDBANK also launched the I-RESCUE for BUS Transport Lending Program (Interim REhabilitation Support to Cushion Unfavorably-affected Enterprises by Covid-19 for Better Urban Services Transport) to offer a similar credit assistance to bus operators. With an initial fund of P3 billion, the loan facility can finance up to 80% of the acquisition cost of a modern public utility bus, with an affordable fixed interest rate of 5% per annum for the first three (3) years. Arangkada Projects with the DOTr Aside from offering financial support to transport cooperatives, LANDBANK has also partnered with the Department of Transportation (DOTr) and its attached agencies on various programs in support of the National Government’s transport modernization agenda. Under the fuel subsidy scheme, LANDBANK has so far distributed direct cash grants worth P6,500 each to 122,311 transport operators who have been adversely affected by the implementation of COVID-19 safety protocols. Distribution of cash grants is ongoing and targeted for completion by April 2021. The Bank has also extended appraisal services for the North-South Commuter Railway Extension Project (NSCR-Ex), which is designed to expand the existing mass transportation in Metropolitan Manila and adjacent areas. Likewise, under the Resettlement Action Plan Entitlements Distribution Mechanism, LANDBANK delivers cash entitlements to eligible residents and other Project-Affected Persons (PAPs) of the Extension Project. The DOTr and LANDBANK will also team-up for the Pilot Production Testing of the Automatic Fare Collection System (ACFS), which will utilize convenient Mastercard EMVCo-compliant contactless cards to pay fares in public transport modes. An initial Proof of Technology demonstration was conducted last December 18, 2020. Both of LANDBANK’s transport lending programs—the SPEED-PUVs and I-RESCUE for BUS Transport—are closely coordinated with the DOTr to ensure their alignment with the Public Utility Vehicle Modernization Program (PUVMP). Interested borrowers may visit the nearest open LANDBANK Lending Center or Branch nationwide, or call LANDBANK’s customer service hotline at (02) 8-405-7000 or at PLDT Domestic Toll Free 1-800-10-405-7000.
READ MOREThe 4th class Municipality of Lumbatan in Lanao del Sur now enjoys improved road network and unified social services after the municipal government acquired heavy equipment (inset) and built a two-storey municipal hall through two term loans it availed from Land Bank of the Philippines (LANDBANK). LUMBATAN, Lanao del Sur – Pursuing major development projects to help boost its local economy has always been a challenge to this 4th class municipality in Southern Philippines due to limited financial resources, impeding the delivery of public services and hampering the movement of goods in its agriculture-based economy of largely rice and corn farming. But this year, the landlocked municipality is set to complete construction of its newly constructed two-storey municipal hall, funded through two term loans amounting to P74 million from Land Bank of the Philippines (LANDBANK) in 2015. The loan also allowed the local government unit (LGU) to purchase three (3) units of heavy equipment for road construction and improvements. Lumbatan Mayor Allan I. Lao said the new municipal hall helped them to efficiently address the needs of their constituents, particularly in the delivery of medical services, cash subsidies from the Department of Social Welfare and Development (DSWD), services for senior citizens and persons with disabilities (PWDs), as well as processing of birth certificates and business permits, among others. “Talagang napakalaking tulong ng LANDBANK. Kung hindi dahil sa LANDBANK imposible na ma-attain namin ‘yung status namin ngayon na mayroong ng maayos na mga kalsada, infrastructure, at municipal hall na nagresulta sa magandang serbisyo ng lokal na pamahalaan sa aming constituents,” Mayor Lao said. The heavy equipment purchased the following year, which includes an excavator, pay loader and grader, are continuously being utilized by the LGU in the construction of new roads and the periodic maintenance of existing gravel roads, ensuring easy access and timely transport of goods from farms to the market, and reducing transportation costs for local farmers. Meanwhile, Lumbatan’s new municipal hall will house government offices and serve as a one-stop-shop in delivering public services. This will bring greater convenience to residents in accessing different government agencies for various transactions. Aside from delivering financial support to the country’s agriculture sector, LANDBANK through the years has become a reliable partner of LGUs in driving local development. The Bank’s loans to LGUs have translated to programs and projects that deliver responsive social and civic services to communities across the country. “LANDBANK recognizes the significant role of the LGU sector in realizing inclusive and sustainable growth. We will continue to actively support our LGUs in rolling out programs and projects that help boost local economies, and generate positive impact on the quality of life of our fellow Filipinos,” said LANDBANK President and CEO Cecilia C. Borromeo. As of December 31, 2020, LANDBANK has extended loans to LGUs amounting to P54.47 billion, with P19.86 billion of this representing loans to finance agri-aqua projects, which include farm-to-market roads, slaughterhouses, and irrigation systems. For more information about LANDBANK’s Lending Programs, interested borrowers may contact the nearest open LANDBANK Lending Center or Branch nationwide, or call LANDBANK’s customer service hotline at (02) 8-405-7000 or at PLDT Domestic Toll Free 1-800-10-405-7000.
READ MOREState-run Land Bank of the Philippines (LANDBANK) was recognized twice in the 5th Investment House Association of the Philippines (IHAP) Awards. The Bank received the Best Fixed Income Deal (Small-Mid Cap) Award for the BALAI (Building Adequate Livable Affordable and Inclusive Filipino Communities) Bonds 1 issuance, and the Best Project Finance Deal Award (Large Cap) for its role in Atlantic Aurum Investments Philippines Corporation’s (AAIPC) Syndicated Corporate Notes Facility. LANDBANK, through its Investment Banking Group (IBG), acted as the Sole Arranger and Underwriter for the National Home Mortgage Finance Corporation’s (NHMFC) P270.25 million BALAI Bonds 1 issued last December 2019. NHMFC served as the Seller and Servicer of the Bonds—their third successful issuance that was supported by the Bank. LANDBANK was previously an Investor in the P2.06 billion Bahay Bonds 1 issuance and was Sole Arranger and Underwriter of the P603 million Bahay Bonds 2 offering. Meanwhile, LANDBANK IBG also participated as an Arranger of the P41.2 billion funding requirements of AAIPC for the financing of the Metro Manila Skyway Stage 3 Project. Inaugurated last January 14, the Metro Manila Skyway Stage 3 is an elevated expressway from Buendia Makati City to North Luzon Expressway in Balintawak, Quezon City. It is expected to address the traffic congestion in EDSA and other major roads by diverting as much as 55,000 vehicles daily. The IHAP is a non-stock, non-profit organization of investment houses that aims to further develop the country’s capital market. The 5th IHAP Awards highlighted key transactions and investment houses that were instrumental in bringing forth innovation, social progress, and considerable economic impact to the Philippine Capital Markets. For more updates, please Follow, Like and Share the official LANDBANK Facebook, Instagram and YouTube accounts (@landbankofficial), Twitter (@LBP_Official), or visit the LANDBANK website (www.landbank.com).
READ MOREThe Land Bank of the Philippines (LANDBANK) is inviting the investing public to participate in the Bureau of the Treasury’s (BTr) 25th Tranche of the Retail Treasury Bonds or RTB-25 with Exchange Offer to help the National Government raise funds for its COVID-19 response and recovery efforts. The latest retail bond offer with the theme, “Kasama mo sa Kinabukasan,” was launched today, February 9, through a virtual Qualified Institutional Buyers Investor’s Briefing streamed live via BTr’s Facebook page and shared on LANDBANK’s social media channels. The three-year RTB-25 will be offered in minimum denominations of P5,000 and integral multiples thereof until March 4, 2021, with settlement scheduled on March 9. “With the last two RTB issuances setting record subscriptions to date, we look forward to an even stronger reception for RTB-25 from the investing public. Aside from earning interest every quarter, investing in RTBs contribute to advancing the Government’s COVID-19 response and economic recovery plan,” said LANDBANK President and CEO Cecilia C. Borromeo. Interested investors may purchase the RTB-25 via over-the-counter placements at all LANDBANK branches. Investors can also make placements through the RTB Online Ordering System at the BTr’s website and settle the payment via LANDBANK’s e-payment facility, Link.BizPortal, free of charge. Overseas Filipinos may also use the mobile banking application of the Overseas Filipino Bank (OFBank) – LANDBANK’s digital-only branchless bank subsidiary – to avail of the RTB-25 through the App’s bond purchase feature. Through the OFBank Mobile Banking App, investors can make multiple placements for RTB-25 of up to P500,000.00 per transaction. In addition to the new RTBs, the BTr is also allowing holders of previously issued bonds to exchange and reinvest their bond holdings for the RTB-25. P35-B raised for RTB-24 LANDBANK raised a total of P35.53 billion in sales for the Retail Treasury Bonds Tranche 24 or RTB-24 issued last July 2020. Majority of the sales were transacted over the counter, with P25.27 billion and P10.25 billion generated during the public offer period and rate-setting auction, respectively. The remaining P8.9 million in sales were generated online through LANDBANK’s Link.BizPortal via the BTr’s Online Ordering Facility. The National Government through the BTr has been issuing RTBs since 2001 as part of its efforts to support financial inclusion and literacy among Filipinos by making government securities more accessible to small investors. The RTBs are generally considered low-risk investment instruments, allowing investors to earn a fixed interest based on prevailing market rates that are paid quarterly during the term of the bond. For more updates, please Follow, Like and Share the official LANDBANK Facebook, Instagram and YouTube accounts (@landbankofficial), Twitter (@LBP_Official), and join our Viber community (@LANDBANK), or visit the LANDBANK website (www.landbank.com).
READ MOREAs of Fri, April 25, 2025
| Buying | Selling | |
|---|---|---|
| USD | 56.25 | 56.75 |
| JPY | 0.388752 | 0.403776 |
| EUR | 63.163815 | 65.607824 |
| GBP | 73.988728 | 76.851588 |
| HKD | 7.223177 | 7.761414 |
As of Thu, April 24, 2025
| UITF | NAVPU |
|---|---|
| Cash Management Fund | 1.557366 |
| Money Market Fund | 1.310646 |
| PERA Money Market Fund | 1.023632 |
| Medium-Term Bond Fund | 2.470334 |
| Bond Fund | 2.024273 |
| PERA Bond Fund | 1.198883 |
| Balanced Fund | 2.585336 |
| Growth Fund | 2.562157 |
| Alpha Equity Fund | 2.96484 |
| Blue Chip Equity Fund | 0.954534 |
| Equity Fund | 0.773163 |
| High Dividend Equity Fund | 1.002938 |
| US$ Money Market Fund | 1.431822 |
| Global $ Fund | 1.518293 |
| Money Market Plus Fund | 1.223015 |
