Lazada - Visa 8.8 2022

GET P200 OFF WITH YOUR VISA CARD!  PROMO PERIOD AND PROMO OFFER  Qualified Cards: Visa Credit and Debit Card  Offer: Get P200 off with your Visa Credit and Debit Card  •    The Promotion is open to all active Visa Credit and Debit Card.  •    The Promo is valid on regular and sale items on Lazada.  •    Purchase must be made on August 8, 2022 12:00 am to August 12, 2022 11:59 pm Philippine time.  •    Discount applies for a minimum transaction amount of P3,500, charged to VISA Credit or Debit Card only. The promo can be availed by using the promo code VISALAZ88; valid for one-time use on the Lazada mobile app only.  •    Discount will apply when the voucher is entered at the Payment Page and the eligible Visa Credit or Debit Card is selected as the payment option. Customer must check if discount amount is applied before proceeding to final check-out.  HOW TO AVAIL  1. Download the Lazada app for free via App Store for Apple users or Google Play store for Android users.  2. Select the item/s you wish to purchase then click “Add to Cart”. Prepare your card details for the transaction. 3. Click the Shopping Cart icon on the right, topmost portion of the screen to view all the items on your Shopping Cart.  4. Select the item/s you wish to purchase and once you have reviewed the items on your Shopping Cart, click “Check Out”  5. Input the voucher code on the checkout page to apply the discount. Enter your shipping and billing information and select the credit card as payment method.  6. Enter your Visa card details and make sure to check if the discount was applied to total billing before proceeding to place the order.  7. Click “Place Order” to complete the transaction.  TERMS AND CONDITIONS  1. Discount can be used only once throughout the valid promo period.  2. Discount is applicable to all Visa Credit and Debit Cards only.  3. Discount is applied automatically at the checkout only when the voucher code has been successfully applied on the order.  4. Discount is not exchangeable for cash, credit or other goods and services.  5. Discount amount cannot be applied retroactively.  6. Discount is not applicable to items marked “Voucher code not applicable on this item”.  7. All cancelled orders will not be valid for re-instatement of voucher codes.  8. Applicable only to eligible credit card BINs and eligible items.  9. Payment codes cannot be used with other collectible or static code discount vouchers.  10. The use of the voucher is subject to the Lazada Voucher Terms and Conditions.  11. Discount is not applicable to digital goods, stores with digital goods product/s, milk products for 3 years old below (under the Milk Code) and other goods from blacklisted sellers set by Lazada.  CUSTOMER SUPPORT  For questions or clarifications, please contact Lazada Customer Care by clicking the chat button at http://www.lazada.com.ph/contact.  Per DTI Fair Trade Permit No. FTEB-147634 Series of 2022.

LANDBANK agri loans hit P257.7-B as of end-June

Celebrating 59 years of serving the nation As Land Bank of the Philippines (LANDBANK) celebrates its 59th anniversary on 8 August 2022, the state-run Bank remains committed to servicing the development requirements of small farmers, fishers, and other key players in the agri-business value chain, as loans to the agriculture sector reached P257.7 billion as of 30 June 2022.  The P257.7 billion total outstanding loans translate to a 15.5% increase from the same period a year ago, further solidifying LANDBANK’s position as the biggest lender to the agriculture sector in the country. “LANDBANK stands ready to extend accessible credit to all agri players to boost the country’s food production and supply. We will continue ramping up our lending activities in full support of the new administration’s agricultural modernization agenda,” said LANDBANK President and CEO Cecilia C. Borromeo.  Of the P257.7 billion total outstanding loans, P37.5 billion benefited small farmers and fishers, including those which were channeled through cooperatives and farmers’ associations, rural financial institutions, and other conduits. A total of P163.1 billion supported small, medium, and large agribusiness enterprises, while the remaining P57 billion aided agri-aqua related projects of local government units (LGUs) and government-owned and controlled corporations (GOCCs). The loans were used to finance various economic activities, including P56.7 billion for livestock, crops and fisheries production, and P122.2 billion for agri-processing and trading of rice, corn, and sugarcane, among others.  A total of P78.8 billion also backed the construction and improvement of essential agriculture infrastructure such as public markets, farm-to-market roads, warehouses, cold storages, irrigation systems, and slaughterhouses. In the first six months of 2022, LANDBANK also assisted in the construction and improvement of 138 kilometers of farm-to-market roads—which is one of the priorities in President Ferdinand Marcos, Jr.’s development plan for the agriculture sector.  Agri-Mechanization Financing Program In support of the President’s long-term goal to modernize agricultural production, LANDBANK has been offering the Agri-Mechanization Financing Program designed to promote mechanization of production and post-production processes, from planting to harvesting and processing, thereby increasing efficiency, reducing post-harvest losses and lowering production costs. The LANDBANK Agri-Mechanization Financing Program has supported 53 micro and small enterprises and cooperatives with cumulative loan releases totaling P681.5 million as of end-June 2022.  More Small Farmers and Fishers Assisted By adopting a more focused and direct lending approach, LANDBANK has cumulatively assisted more than 3.3 million farmers and fishers nationwide, of which 566,462 or 17% came from the 20 poorest provinces in the country. The top provinces with the highest number of beneficiaries include Nueva Ecija, Maguindanao, Bohol, Pangasinan, Cotabato, Isabela, Cagayan, Leyte, Ilocos Sur, and South Cotabato. LANDBANK’s close collaboration with the Department of Agriculture (DA) and the Department of Agrarian Reform (DAR) has also allowed it to reach and serve more farmers and fishers.  As of 30 June 2022, LANDBANK has extended a total of P13.3 billion to 247,591 borrowers under the programs it is administering for DA, and another P719.4 million to more than 200 agrarian reform beneficiary (ARB) organizations benefiting over 11,000 ARBs and small farm holders under DAR’s programs.  Through the years, LANDBANK has grown into one of the leading universal banks in the country, while remaining faithful to its social mandate to promote inclusive and sustainable development, representing almost six decades of service to the nation.

LANDBANK deploys Mobile ATM in quake-hit Abra

BANGUED, Abra – The Land Bank of the Philippines (LANDBANK) quickly deployed a mobile automated teller machine (ATM) to the Municipality of Bangued, Abra starting 29 July 2022, to service the cash requirements of customers in the province in the aftermath of the recent 7.0-magnitude earthquake that badly hit parts of Northern Luzon. Stationed at the LANDBANK Bangued Branch, the LANDBANK Mobile ATM provided basic banking services to calamity-affected residents, such as cash withdrawals, balance inquiries, bills payments, and fund transfers, until 3 August 2022. The LANDBANK Mobile ATMs are designed to be deployed in areas with disrupted or limited access to banking services due to disasters or calamities. In line with its 59th Anniversary celebration on 8 August 2022, LANDBANK recently launched 10 new Mobile ATMs on 5 August 2022, increasing the total number of units to 20 nationwide. 

Pa-Mine @ 59

LANDBANK digital transactions jump 25% in H1 2022

For the first half of 2022, the major digital banking channels of the Land Bank of the Philippines (LANDBANK) registered growths of 25% in volume and 21% in value, year-on-year, facilitating a total of 77.6 million transactions valued at P1.4 trillion. The increases represent combined transactions from the LANDBANK Mobile Banking App (MBA), iAccess, weAccess, Link.BizPortal, Electronic Modified Disbursement System (eMDS), and the LANDBANK Bulk Crediting System (LBCS). “LANDBANK remains committed to promoting greater digital adoption in support of the National Government’s financial inclusion agenda. Our safe, convenient and accessible digital banking products are designed to meet the needs of our diverse customer base, as we continue serving the nation,” said LANDBANK President and CEO Cecilia C. Borromeo.  The LANDBANK MBA led in terms of transaction volume with 59.8 million amounting to P103.1 billion, translating to 27% and 37% increases in volume and value, respectively. In terms of value, the Bank’s internet facility for national government partners, eMDS, topped the list with a total value of P966.2 billion or a 22% rise year-on-year, from facilitating 1.2 million transactions. The LANDBANK weAccess—the Bank’s corporate internet banking platform—also recorded growths of 17% in transactions and 11% in value, facilitating more than 10 million transactions worth P262.8 billion. Meanwhile, LANDBANK’s web-based payment channel, Link.BizPortal, facilitated 2.8 million transactions equivalent to a 48% increase, with a corresponding total value of P6 billion or 30% growth rate. Lastly, the LANDBANK iAccess and LBCS—the Bank’s online retail banking channel and electronic disbursement facility, repectively—recorded a combined total volume of 2.8 million transactions amounting to P15.3 billion. With the soaring demand for digital banking channels amid the pandemic, LANDBANK assures customers that it is maintaining the highest level of security in all its systems, as it also reminds customers to remain vigilant against online banking fraud and scams. Through the years, LANDBANK has grown into one of the leading universal banks in the country, while remaining faithful to its social mandate to promote inclusive and sustainable development. On 8 August 2022, the Bank celebrated its 59th anniversary, representing almost six decades of service to the nation. 

Visa - PC Game Pass

Subscribe to PC Game Pass with your Visa card and enjoy 3 months free! Merchant Terms & Conditions Valid only for new Xbox Game Pass members who are existing cardholder of Visa debit or credit cards issued in Philippines ("Visa Cardholders"). Visa Cardholders may claim an offer code by visiting and following the steps at www.myvisacardportal.com/apbenefits_ph/en_ph/landing/ by October 31, 2022. Issuance of offer codes is subject to availability. Offer codes are non-transferable and not exchangeable for cash or any other benefits in kind. To redeem the offer, the Visa Cardholder must create an account and apply the offer code on the relevant page(s) at microsoft.com/redeem by November 15, 2022. Microsoft reserves the right to determine the eligibility or ineligibility of any Visa Cardholder to redeem the offer in accordance with these terms and conditions, and if a Visa Cardholder is found to be ineligible, Microsoft may refuse to provide the Xbox Game Pass trial to such Visa Cardholder. Visa is not responsible for any unsuccessful redemptions of the offer code. Eligible payment method required at the time of offer redemption. Unless you cancel the subscription before the end of the 3-month trial, you will be charged the then-current regular membership rate on a month-to-month basis after the end of the 3-month trial. Limit: 1 redemption per person/account. Redemption of the offer code and use of Xbox Game Pass is subject to the Microsoft Services Agreement, Game Pass terms and system requirements at: xbox.com/subscriptionterms. Available in Philippines. For the avoidance of doubt, while Visa has facilitated this promotion for the benefit of Visa Cardholders, Microsoft is the sole provider of all goods and/or services under the offer. Accordingly, the Visa Cardholder understands, acknowledges, and agrees that the procurement by him/her of any goods and/or services using the offer code shall constitute a contract solely between Microsoft and him/her, and Visa is not, nor will become, a party thereto. By utilizing or attempting to utilize any of the goods and services using the offer code, the Visa Cardholder understands, acknowledges and agrees that:  Any claim, complaint or dispute of any nature arising out of or in relation to the procurement, or attempted procurement by the cardholder of any goods and/or services using the offer code (each a "Claim") shall be settled by the Visa Cardholder directly with Microsoft, and Visa Cardholder shall not make any Claim against Visa. Without prejudice to the foregoing, and to the fullest extent permitted by law, Visa shall not be liable to any person for any loss, damage, expenses or claim (whether direct or indirect) in relation to any personal injury, death, false representation, damage or omission arising from or in connection with the usage or attempted usage of the goods and/or services provided using the offer code. Visa and Microsoft reserve the right to modify these terms or vary, suspend, cancel or terminate the promotion at any time without prior notice.

LANDBANK mounts first ‘AgriSenso’ virtual forum

(clockwise from upper left) Finance Secretary and LANDBANK Chairman Benjamin E. Diokno and LANDBANK President and CEO Cecilia C. Borromeo lead the very first LANDBANK AgriSenso Virtual Forum, together with Department of Agriculture Assistant Secretary and Bureau of Animal Industry Officer-in-Charge Director Reildrin G. Morales, United Broiler Raisers Association President Atty. Elias Jose M. Inciong, Ana’s Breeders Farms, Inc. President and CEO Jonathan O. Suy, and LANDBANK Program Management Department I, Assistant Vice President Edgardo S. Luzano.  As part of its intensified support to the agriculture sector, the Land Bank of the Philippines (LANDBANK) kicked off a series of virtual forums to discuss with local agri players opportunities towards modernizing the industry, while also ensuring food security.  Finance Secretary and LANDBANK Chairman Benjamin E. Diokno and LANDBANK President and CEO Cecilia C. Borromeo led the first run of the LANDBANK AgriSenso Virtual Forums on 15 August 2022, which gathered contract grower-investors, integrators, and other key players from the poultry industry. “Through the AgriSenso Virtual Forums, we hope to sustain our engagement with agri stakeholders from all over the country, and to foster greater collaboration. LANDBANK continues to service the development requirements of the agricultural sector through accessible and responsive lending programs,” said President and CEO Borromeo.  The AgriSenso Virtual Forums also address the request of customers to learn more about the Bank’s available credit facilities, as noted during the Online Stakeholder’s Consultation Forum conducted by the Bank last year. “LANDBANK is at the forefront of supporting key players in the agriculture sector by ensuring that the entire agri value chain has access to much-needed credit and other financial services. How to access the services to meet your diverse needs is, hopefully, what you can take away from today’s forum,” said Secretary Diokno to the forum’s participants. Each session of the AgriSenso Virtual Forums will focus on a specific agriculture industry, with industry experts and players invited to share insights and successful initiatives, as well as the development plans of the government for each industry. The first LANDBANK AgriSenso Virtual Forum put the spotlight on the poultry industry and featured United Broiler Raisers Association President Atty. Elias Jose M. Inciong and Ana’s Breeders Farms, Inc. (ABFI) President and CEO Jonathan O. Suy, who shared about challenges facing the industry and innovative ways to meet consumers’ evolving needs. Meanwhile, Department of Agriculture Assistant Secretary and Bureau of Animal Industry Officer-in-Charge Director Reildrin G. Morales discussed the National Government’s development roadmap for the local poultry sector.  LANDBANK Poultry Lending Program For his part, LANDBANK Program Management Department I, Assistant Vice President Edgardo S. Luzano discussed the Bank’s Poultry Lending Program, designed to help promote sustainable and competitive poultry production. The Lending Program offers financial support to qualified cooperatives, micro, small and medium enterprises, large agri-business enterprises and corporations for the production of broilers, layers, breeders, ducks, quails, ostrich, turkey and other poultry animals, as well as for ancillary or allied businesses, such as feed mill, dressing plant, and hatchery.  Under the Program, up to 80% of the total project cost may be borrowed with an interest rate based on the prevailing market rate, depending on the term of the loan and credit rating of the borrowers. Short term loans are payable up to one year, while term loans are payable based on project cash flow or payback period but not more than the economic useful life of fixed assets. Since April 2015, LANDBANK has approved loans totaling P26.9 billion under the Poultry Lending Program, with outstanding loans amounting to P12.5 billion supporting 400 borrowers as of end-June 2022.  The next run of the LANDBANK AgriSenso Virtual Forum will be held on 30 August 2022 to discuss opportunities for growth for the livestock industry. Through the years, LANDBANK has grown into one of the leading universal banks in the country, while remaining faithful to its social mandate to promote inclusive and sustainable development. On 8 August 2022, the Bank celebrated its 59th anniversary, representing almost six decades of service to the nation.

LANDBANK offers online, OTC placements for BTr’s RTB-28

The Land Bank of the Philippines (LANDBANK) is offering to the investing public the Bureau of the Treasury’s (BTr) 28th Tranche of the Retail Treasury Bonds or RTB-28 with Exchange Offer, starting today (23 August 2022) until 02 September 2022.  This forms part of the state-run Bank’s support to the National Government’s thrust of promoting financial inclusion and literacy, while boosting the state’s coffers for various recovery and development projects.  Finance Secretary Benjamin E. Diokno, Treasurer of the Philippines Rosalia V. De Leon, and LANDBANK President and CEO Cecilia C. Borromeo led the launch of the latest retail bond offer at the BTr’s Ayuntamiento Building in Manila, with the theme, “Tulong-Sulong sa Pagbangon.”  “LANDBANK is once again proud to be the Joint Lead Issue Manager of this latest offering, which reflects the National Government’s continuous thrust in fostering financial inclusivity. It offers Filipinos a safe and secure opportunity to invest hard-earned money, while taking part in nation-building,” said President and CEO Borromeo. The RTB-28 is a five-and-a-half-year bond designed for retail investors as a low-risk and higher-yielding savings instrument. Proceeds of the issuance will help strengthen the country’s agriculture sector, infrastructure, and education and healthcare systems, among others. Interested investors may conveniently purchase RTB-28 for a minimum investment of P5,000 and integral multiples of P5,000 thereafter using the LANDBANK Mobile Banking App, in as fast as five minutes or less. This feature is also available in the Mobile Banking App of the Overseas Filipino Bank (OFBank), the official digital bank of the Philippine government and a subsidiary of LANDBANK. Investors of RTB-28 can also make online placements through the BTr Online Ordering Facility and settle the payments via the LANDBANK Link.BizPortal online payment platform. Over-the-counter placements are likewise accepted in all LANDBANK branches nationwide. Holders of previously issued bonds, namely FXTN 10-57, RTB 5-11, FXTN 10-58, and RTB 3-10, may also exchange and reinvest their bond holdings for the latest bond offer.  LANDBANK is the Joint Lead issue Manager of RTB-28, with settlement scheduled on 07 September 2022. Interest payments will be paid quarterly during the term of the bond. 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. Last February 2022, LANDBANK generated a total of P87.8 billion in sales for the previous Retail Treasury Bonds Tranche 27 or RTB-27 issuance. Through the years, LANDBANK has grown into one of the leading universal banks in the country, while remaining faithful to its social mandate to promote inclusive and sustainable development.  On 8 August 2022, the state-run Bank celebrated its 59th anniversary, representing almost six decades of service to the nation. 

RTB28

Sama-sama tayong babangon para sa kinabukasan ng Pilipinas! Makilahok sa pagpapatatag ng ang ating bansa sa pamamagitan nang pag-invest sa Retail Treasury Bonds mula 23 August hanggang 02 Septyembre 2022! Bisitahin ang Bureau of the Treasury website para sa karagdagang impormasyon. 

LANDBANK empowers woman-entrepreneur to grow Cagayan store

LANDBANK assisted entrepreneur Ginalyn Joaquin to expand her tricycle ‘rolling store’ (left photo) into a full grocery store in Tuao, Cagayan (right photo). TUAO, Cagayan – Ginalyn Joaquin always dreamt of running her own retail store, similar to the ‘sari-sari store’ her mother used to own when she was a child. But having enough resources to pursue this dream proved to be difficult as her monthly salary was barely enough to make ends meet for the needs of her family.  Working as a full-time employee at a sugar milling company, Ginalyn’s salary was just enough to cover their family’s daily living expenses. And when her daughter contracted a serious illness and needed medical care, Ginalyn was forced to look for additional sources of income to afford the health care costs.    While keeping her day job, Ginalyn started buying sugar from her employer, which she repacked in smaller amounts and sold to her neighbors. This retail initiative soon evolved into a ‘rolling store’ aboard a tricycle, wherein she sold other essential grocery items across town, including the neighboring municipality of Piat.  Through hard work, Ginalyn was able to pay for her daughter’s health care and eventually, was financially stable to resign from her day job and focus on her store.  Ginalyn’s business—JP’s Enterprises—continued to grow and was tapped by a noodle brand as an official distributor in the province. However, this required additional working capital, which she did not have at that time. Ginalyn then turned to the Land Bank of the Philippines (LANDBANK) for credit assistance amounting to P30 million under the Emerging Female-Initiated Livelihood and Investment Projects via INclusive Financing to Accelerate Entrepreneurial Growth (FILIPINA) Lending Program, to finance the working capital for JP’s Enterprises.   The LANDBANK loan helped Ginalyn expand her business into a full grocery store and become a leading supplier of grocery items in Cagayan, catering to the towns of Tuao, Piat, Sanchez-Mira and Santo Niño, as well as the municipalities of Kabugao and Conner in the province of Apayao. It was also able to generate employment for around 102 locals, a significant increase from the initial 2 workers Ginalyn hired for her previous rolling store.   At the height of the COVID-19 pandemic, the grocery store remained open to service customers, and was even tapped by local government units in the province as a supplier of relief goods.   “Nagpapasalamat ako sa LANDBANK sa pagkakaroon ng tiwala sa akin at sa business ko. Malaking tulong ang pagkakaroon nila ng programa na sumusuporta sa mga babaeng negosyante tulad ko,” said Ginalyn. Through the Emerging FILIPINA Lending Program, LANDBANK aims to support and empower female entrepreneurs to pursue business ventures such as traditional trade, e-commerce business and food services activities, among others.  The Program can finance the working capital, construction or renovation of buildings and facilities related to business operations, and financing of purchase orders from the borrower’s clients. For cooperatives and partner financial institutions, rediscounting and on-lending activities may also be financed. Eligible borrowers include registered micro, small and medium enterprises (MSMEs) majority-owned by women or with majority of its top management, including the Chief Executive Officer (CEO), composed of women. They may borrow up to 80% of the actual project cost and 85% for rediscounting and on-lending activities.  Short-term loans and term loans for permanent working capital are payable up to one (1) year and five (5) years, respectively, while term loans for fixed assets and construction of facilities are payable up to ten (10) years. An interest rate of 5% per year shall apply, fixed for the first three (3) years and subject to repricing thereafter.  As of end-June 2022, LANDBANK has extended P37.8 million to support five borrowers under the Emerging FILIPINA Lending Program, with the Bank’s outstanding loans to MSMEs totaling P46.6 billion to more than 6,000 borrowers. Through the years, LANDBANK has grown into one of the leading universal banks in the country, while remaining faithful to its social mandate to promote inclusive and sustainable development.  On 8 August 2022, the state-run Bank celebrated its 59th anniversary, representing almost six decades of service to the nation.