Land Bank of the Philippines

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LANDBANK e-banking transaction value soars 46% to P2.45-T in 2021

The Land Bank of the Philippines (LANDBANK) announced that the combined value facilitated by its six major electronic channels reached P2.45 trillion in 2021—a 46% hike from the previous year—while volume of transactions grew by 19% to 136.3 million. LANDBANK President and CEO Cecilia C. Borromeo credited this growth to the expanding adoption of the Bank’s digital services and marks another milestone in LANDBANK’s ongoing digital transformation. “LANDBANK is leveraging on the latest technological solutions to deliver a digital banking experience designed for the new normal. We will continue to bank on digital infrastructures as we push for greater digital adoption and advance financial inclusion in the country,” said President Borromeo. The LANDBANK Mobile Banking App (MBA) recorded 103.8 million transactions worth P172.39 billion last year, representing upsurges of 44% and 103%, respectively, from the previous year. The Bank’s e-payment facility, Link.BizPortal, facilitated around 3.88 million transactions equivalent to an 83% increase, corresponding to a total value of P10.45 billion or a 31% growth rate. The LANDBANK weAccess—the Bank’s institutional internet banking platform—recorded 20.9 million transactions worth nearly P489 million for increases of 29% and 24%, respectively. The Bank also logged a 30% jump in value via its iAccess internet retail banking channel, reaching P15.40 billion compared to P11.87 billion in 2020. The LANDBANK Bulk Credit System (LBCS) also posted unprecedented annual growths of 105% and 1181% for volume and value, respectively. Lastly, the LANDBANK Electronic Modified Disbursement System (eMDS) for national government agency partners posted increases of 20.9 million or 29% more transactions, and a total P488.98 billion or 24% rise in value. With the continuous increase in the use of e-banking channels, the state-run Bank assures its customers that it maintains the highest level of security in all its systems while reminding customers to remain vigilant against online banking fraud and scams.

Mastercard-Shopee 3.3 promo

Get shipping discounts with Mastercard®! P80 off, min spend P1,000, 2x use I. Qualifications ● The promo is exclusive to Mastercard® Credit, Debit, and Prepaid cards issued in the Philippines. II. How to Avail 1. Using the Shopee mobile app, claim your shipping discount voucher from Mastercard on the promo landing page from Feb 24 - Mar 4, 2022. Voucher will be added to your “My Vouchers” tab. 2. Select the items you wish to purchase. 3. Click on “Shopee Voucher” and select the shipping discount voucher from Mastercard. 4. Select “Credit/Debit card” as payment option and pay with your participating Mastercard Credit, Debit or Prepaid card. 5. Proceed to checkout by clicking the “Place Order” button. III. Terms and Conditions 1. Qualified Mastercard cardholders are entitled to avail of 100% off shipping fee capped at P80 with a minimum spend of P1,000. 2. Promo voucher is valid for eligible Shopee users during the promo duration. 3. Promo voucher can be claimed on the Mastercard 3.3 promo landing page from Feb 24 - Mar 4, 2022. 4. Promo voucher redemption is valid for two-time use between Feb 28 - Mar 4, 2022 only. 5. Applicable on Mastercard credit, debit, and prepaid card transactions only. 6. Promo voucher cannot be reapplied after a qualified order has been cancelled by the cardholder. 7. Promo voucher is valid for new and existing Shopee registered customers. 8. Promo voucher cannot be applied retroactively. 9. The offer cannot be exchanged for cash or other products. 10. Promo voucher is only valid on Preferred and Shopee Mall stores excluding products under the “Load, Bills, and eServices” category. 11. Promo voucher is valid on orders to be delivered via Shopee integrated couriers. 12. By joining this promo, the user confirms that he/she has read, understood, and agreed to the promo mechanics and its terms & conditions. 13. Shopee reserves the right to cancel transactions of accounts that are suspected to be invalid or fraudulent (i.e. abuse of system). 14. Shopee reserves the right to vary these terms & conditions with prior approval of DTI-FTEB. IV. Customer Support ● For any questions or clarifications, please contact Shopee’s Customer Service at (02) 88805200 or email support@shopee.ph. DTI Fair Trade Permit No. FTEB-137311 Series of 2022

LANDBANK accounts opened online tops 2-million mark

The Land Bank of the Philippines (LANDBANK) has recorded a total of 2.12 million accounts opened online through its award-winning Digital Onboarding System (DOBS) as of end-December 2021, driven by the continued rise in demand for safer digital banking services. “This new DOBS milestone underscores LANDBANK’s steadfast commitment to deliver accessible and innovative digital solutions as we respond to the changing times. This is also a testament to the Bank’s dedication to balance service delivery while ensuring the health and safety of our customers,” said LANDBANK President and CEO Cecilia C. Borromeo. Since its launch in November 2018, the LANDBANK DOBS has helped simplify the account enrolment process and reduced the account opening time of customers from 45 minutes to just 10-15 minutes. LANDBANK also launched last year the DOBS Mobile as a feature of its Mobile Banking App (MBA), which allows customers to open a LANDBANK savings account using their mobile phone without the need to go to a LANDBANK branch. Accounts opened through DOBS are automatically enrolled in LANDBANK’s array of e-banking channels, such as the LANDBANK iAccess and Mobile Banking App that facilitate simple digital banking transactions. LANDBANK account holders can also update their information as well as open a payroll account through the DOBS. The LANDBANK DOBS was cited as a pioneering web application among universal banks in the Philippines. It was awarded with a Merit Award for Technology Development by the Association of Development Financing Institutions in Asia and the Pacific (ADFIAP) Development Awards. The DOBS is accessible through LANDBANK’s official website (www.landbank.com) or through the Digital Corner of selected LANDBANK branches dedicated for walk-in clients, while the DOBS Mobile can be accessed through the LANDBANK MBA.

2022 NWM

Land Bank of the Philippines (LANDBANK) joins the Philippine Commission on Women (PCW) in celebrating National Women's Month 2022 this March. This year's theme, "Agenda ng Kababaihan, Tungo sa Kaunlaran," focuses on bringing the country closer to narrowing the gender gaps and moving towards sustainable and equitable development. #ServingTheNation #BankingOnTheFilipinoSpirit #NWM2022

International Finance Awards

Land Bank of the Philippines was awarded with Best Lending Platform – Philippines 2021 by theInternational Finance Awards for the Bank's lending programs that help alleviate the impact of the COVID-19 pandemic.

ADFIAP 2021

Land Bank of the Philippines was awarded with Outstanding Development Project Awards in 2021, under the Category 7-Local Economic Development by the Association of Development Financing Institutions in Asia and the Pacific for the Bank's RISE UP & I-RESCUE Lending Programs.

Top Taxpayer of the City of Manila

Land Bank of the Philippines was awarded with Top Taxpayer of the City of Manila by the City Government of Manila during the 2021 Araw ng Maynila celebration.

12th Asia CEO Awards 2021

Land Bank of the Philippines was awarded with the Innovative Company / Sustainability Company by the Asia CEO Awards.

LANDBANK backs 365 LGUs with P101.1-B in loans to ramp-up recovery

The Land Bank of the Philippines (LANDBANK) has approved more than P100 billion in loans for 365 local government units (LGUs) nationwide as of end-January 2022. The substantial financial assistance to LGUs is in line with the Bank’s commitment to hasten the revival of local economies and communities affected by the pandemic. Under its RISE-UP LGUs (Restoration and Invigoration package for a Self-Sufficient Economy towards UPgrowth for LGUs) Lending Program, LANDBANK extends loans to provincial, city, and municipal governments to finance COVID-19 response and recovery intervention projects. Eligible projects allowed under the RISE UP LGUs include the purchase of agricultural produce, acquisition of equipment and construction of facilities to link products to the market, including other programs and projects of the LGU that provide basic and support services, social welfare, healthcare, and other infrastructure activities. Since its launch in July 2020, the Program has gained wide acceptance by LGUs that the state-run bank has increased its fund allocation to P150 billion—15 times more than the P10-billion initial fund—to accommodate the needs of more LGUs. “Together with our local government partners, LANDBANK remains at the forefront of delivering essential services for the Filipino people and the nation at large. LANDBANK is the biggest development partner of the LGU sector, with all provinces, cities, and municipalities now maintaining deposit accounts with LANDBANK,” said LANDBANK President and CEO Cecilia C. Borromeo. LANDBANK is encouraging LGUs to promptly draw on their approved and enrolled loans under the RISE UP LGUs Lending Program and take advantage of the interest subsidy. Interested LGUs may contact the nearest LANDBANK Lending Center or Branch nationwide, or call LANDBANK’s customer service at (02) 8-405-7000 or at PLDT Domestic Toll Free 1-800-10-405-7000.

LANDBANK loans reach almost P31-B for pandemic-hit co-ops, businesses

The Land Bank of the Philippines (LANDBANK) has approved loans totaling P30.96 billion as of end-January 2022 to help cooperatives and local businesses recover from the impact of the COVID-19 pandemic. Through the I-RESCUE (Interim REhabilitation Support to Cushion Unfavorably affected Enterprises by COVID-19) Lending Program, LANDBANK has supported a total of 687 borrowers, composed of 462 micro, small and medium enterprises (MSMEs), 115 cooperatives, 105 large enterprises, and five (5) microfinance institutions (MFIs). “LANDBANK recognizes the crucial role of local businesses to ramp-up the country’s ongoing economic recovery. We will continue to provide timely and accessible credit assistance to serve their financial requirements amid the pandemic and beyond,” said LANDBANK President and CEO Cecilia C. Borromeo. Launched in April 2020 at the height of quarantine restrictions to stem the rising COVID-19 infections, the I-RESCUE Lending Program aims to provide credit and loan restructuring assistance to businesses adversely affected by the pandemic, under more flexible terms and conditions. Under the Program, eligible borrowers may loan up to 85% of their emergency or permanent working capital requirements, with an affordable interest rate of 5% per annum for three (3) years, subject to annual re-pricing thereafter, and payable up to 10 years with a maximum of two (2) years grace period on the principal repayment. The Program also offers a sub-credit facility for MSMEs and cooperatives, as well as self-employed individuals duly registered with the Department of Trade and Industry (DTI) and the Securities and Exchange Commission (SEC), classified to be critically affected by the pandemic. The LANDBANK I-RESCUE Lending Program is available until December 31, 2022. Interested borrowers may contact the nearest 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.

Foreign Exchange Rates

As of Tue, May 13, 2025

	Buying	Selling
USD	55.4	56
JPY	0.373386	0.387909
EUR	61.170372	63.546359
GBP	72.189781	74.993785
HKD	7.083156	7.612049

Unit Investment Trust Funds

As of Fri, May 9, 2025

UITF	NAVPU
Cash Management Fund	1.559832
Money Market Fund	1.312666
Money Market Plus Fund	1.225039
PERA Money Market Fund	1.024898
Medium-Term Bond Fund	2.472054
Bond Fund	2.03555
PERA Bond Fund	1.207998
Balanced Fund	2.6614
Growth Fund	2.619604
Alpha Equity Fund	3.074968
Blue Chip Equity Fund	0.975735
Equity Fund	0.803535
High Dividend Equity Fund	1.018337
US$ Money Market Fund	1.433429
Global $ Fund	1.527149