LANDBANK Balanga Branch Head Nenita C. Lopez (3rd from right) receives the “Top Performing Bank - Hall of Fame” award from Bataan Governor Jose Enrique S. Garcia III (4th from right) and (R-L) Second District Rep. Albert Raymond S. Garcia, Balanga City Mayor Francis Anthony S. Garcia, Vice Governor Ma. Cristina M. Garcia, and Sangguniang Bayan Member Jowee Nisay-Zabala. BALANGA CITY, Bataan – The Land Bank of the Philippines (LANDBANK) was honored twice by the provincial government of Bataan and the city government of Balanga for its valuable contribution to advancing local recovery and development amid the COVID-19 pandemic. The LANDBANK Balanga Branch ranked among the “Top 25 Highest Business Gross Sales for 2021” and for supporting economic resurgence in Balanga, while also bagging the “Top Performing Bank” award for the third straight year—earning it the prestigious distinction as a “Hall of Fame” awardee. LANDBANK Balanga Branch Head Nenita C. Lopez received the recognitions during the 2022 Galing! Bataan Awards Night and 3rd Invest Balanga Awards Night, anchored on the theme, "Husay at Tatag ng Bataeño, Susi sa Maunlad na Pagnenegosyo” on 29 July 2022 at the Vista Mall-Bataan. “LANDBANK remains at the frontlines in delivering accessible and unhampered banking and financial services to local communities, especially in response to the COVID-19 pandemic. Together with our LGU partners, this forms part of our expanded mandate in serving the nation,” said LANDBANK President and CEO Cecilia C. Borromeo. The awarding event was jointly organized by the City Economic and Investment Development Office (CEIDO) of Balanga and the Provincial Cooperative Enterprise and Development Office (PCEDO) that aims to celebrate the collaboration among local business communities. 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.
READ MOREThe Land Bank of the Philippines (LANDBANK) has approved P17.4 billion in loans to 1,220 borrowers nationwide for the production of high-value crops, in line with ensuring food security for the country. The loans will finance the production of highland and lowland vegetables, fruits, as well as industrial crops including abaca and bamboo. Spices, legumes, and alternative food staple crops such as soybean and root crops are also covered for financing under the LANDBANK Sulong Saka Lending Program. “LANDBANK aims to promote the diversification of crop yields of our local farmers alongside ensuring food security. We will continue to support the production of high-value crops in the country through accessible and responsive credit assistance,” said LANDBANK President and CEO Cecilia C. Borromeo. Aside from increased high-value crop production, farmers can avail of loans under the Program to finance related projects such as the establishment of nursery, and budwood or mother and plant or parent clone gardens, as well as for the establishment of new plantations, and the replanting, rejuvenation and rehabilitation of old trees. Financial support under the LANDBANK Sulong Saka Program extends up to post-harvest crop activities such as fermentation and drying, including the processing and manufacturing of crops, like roasting, grinding/milling, packaging, and storing. Trading and export activities may also be financed under the Program. Individual small farm holders may borrow up to 90% for a production loan, while a maximum of 80% may be borrowed by small and medium enterprises (SMEs), cooperatives, farmers associations and organizations, large agribusiness enterprises and corporations, non-government organizations (NGOs) and countryside financial institutions (CFIs). The LANDBANK Sulong Saka Program can also finance up to 80% and 85% of the total project cost for the acquisition of fixed assets and commodity loans, respectively. Local government units (LGUs) may likewise avail of financial support under the Program, provided that the loan amount will not exceed their net borrowing capacity, as certified by the Bureau of Local Government Finance (BLGF). Term loans for working capital and permanent working capital are payable up to one (1) year and three (3) years, respectively, while loans for fixed assets and construction of facilities are payable based on cash flow but not more than its economic useful life. An interest rate of 5% per year shall apply. 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.
READ MOREThe Department of Transportation (DOTr) and the Land Bank of the Philippines (LANDBANK) rolled out today the interim operation of the EMV-compliant Automated Fare Collection System (AFCS), geared towards the enhancement and modernization of the urban public transportation system in the country. The AFCS, which allows the convenient use of EMV-compliant contactless credit, debit and prepaid bank cards as cashless payment instruments in public transport modes, will be tested under a real-time operational condition in preparation for its full and commercial implementation. Transportation Undersecretary Cesar B. Chavez, Land Transportation Franchising and Regulatory Board Chairperson Cheloy E. Velicaria-Garafil, Bangko Sentral ng Pilipinas Governor Felipe M. Medalla, and LANDBANK President and CEO Cecilia C. Borromeo, together with participating public transport operators, led the “Interim Operation Launch and Tripartite Memorandum of Agreement Ceremonial Signing” for the Automated Fare Collection System EMV Contactless Pilot Production Testing (AFCS EMV PPT) Project at the Parañaque Integrated Terminal Exchange (PITx) in Parañaque City on 01 September 2022. “LANDBANK fully supports the AFCS project for convenient and safe cashless payments in our PUVs. Through LANDBANK Contactless Cards, we look forward to making the daily journey and payment experience of commuters as seamless as possible,” said President and CEO Borromeo. A total of 150 Public Utility Vehicle (PUV) units in selected pilot sites in the National Capital Region, Central Luzon, Calabarzon, and Metro Cebu will participate in the AFCS PPT. Only LANDBANK prepaid and credit contactless cards will be accepted and processed in the 150 participating PUVs during the first month of the AFCS pilot testing period. Once the necessary regulations or policy has been issued, the LANDBANK AFCS solution can also accept and process the EMV contactless cards issued by other local banks. Commuters can pay for fares using LANDBANK’s Special Edition Transit Cards, Agent Banking Cards (ABC), General Purpose Reloadable (GPR) Cards, Provincial ID e-Cards, and Classic and Gold Credit Cards, among others. LANDBANK already distributed more than 4.5 million LANDBANK contactless EMV cards which can be used in the AFCS solution, with another 1.9 million cards available and ready for claiming by the account owners. 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. LANDBANK supports the modernization of the country’s transportation systems and services as a significant driver toward accelerated economic recovery and inclusive growth.
READ MORE(clockwise from upper left) National Federation of Hog Farmers, Inc. (NFHFI) Chairman Chester Warren Y. Tan; RDF Feed, Livestock & Foods, Inc. (RDF) Founder and CEO Dr. Robert H. Lo; Bureau of Animal Industry – Livestock Research and Development Division (BAI-LRDD) Research and Management Section Head Maria Laarni P. Cerna; and LANDBANK Program Management Department I, Assistant Vice President Edgardo S. Luzano lead the second run of the LANDBANK AgriSenso Virtual Forum, which puts the spotlight on the latest challenges, trends and opportunities in the local livestock industry. The Land Bank of the Philippines (LANDBANK) gathered key agriculture players who underscored the importance of adopting science-based approaches and latest technologies to address the challenges facing livestock raisers and achieve self-sufficiency in meat and dairy production. The second run of the LANDBANK AgriSenso Virtual Forum on 30 August 2022 put the spotlight on the livestock industry and featured National Federation of Hog Farmers, Inc. (NFHFI) Chairman Chester Warren Y. Tan; RDF Feed, Livestock & Foods, Inc. (RDF) Founder and CEO Dr. Robert H. Lo; Bureau of Animal Industry – Livestock Research and Development Division (BAI-LRDD) Research and Management Section Head Maria Laarni P. Cerna; and LANDBANK Program Management Department I Assistant Vice President Edgardo S. Luzano. NFHFI Chairman Tan said that the livestock industry remains resilient despite various challenges caused by climate change, high production costs, global animal diseases, and market slowdown. Many pig farmers, for instance, have already succeeded in their re-population efforts amid threats from the African Swine Fever (ASF) by adopting strict and globally-accepted biosecurity standards, he shared. “The challenge is to educate, teach, and get all farmers to commit and accept the new normal of swine farming. We must learn to live with the virus and protect our farms by strengthening our biosecurity and facilities,” Chairman Tan said. RDF Founder and CEO Dr. Lo likewise believes that embracing innovation is key to overcoming present challenges besetting the livestock industry. He shared innovative approaches that the RDF adopted to manage the impact of ASF and climate change, among others. “The best time to re-populate is now because of the insufficient supply in the market. And if we re-populate, we need to do it right by applying a science-based approach to increase production. With bigger farms and good biosecurity, we can achieve this,” said Dr. Lo. Meanwhile, BAI-LRDD Research and Management Section Head Cerna discussed the country’s roadmap for the livestock industry, and shared the budgetary requirements to implement all the programs and projects included in the plan. LANDBANK Lending Programs LANDBANK Assistant Vice President Luzano discussed available credit programs for hog raisers, as well as stakeholders engaged in dairy production, processing, marketing, and other dairy-based economic activities. Designed in support of National Government efforts to re-populate and increase local hog production, LANDBANK is offering the SWINE (Special Window and Interim Support to Nurture Hog Enterprises) Lending Program to commercial hog raisers registered as cooperatives or farmers’ associations, small and medium enterprises (SMEs), and large enterprises or corporations. As of 31 July 2022, LANDBANK has approved loans totaling P3.2 billion to 25 borrowers under the SWINE Lending Program, with outstanding loans amounting to P1.8 billion. To boost the local dairy industry, LANDBANK also provides credit assistance under the MILK (Masustansiyang Inumin para sa Likas na Kalusugan) Program for qualified cooperatives or associations, federations, countryside financial institutions (CFIs), SMEs, and agri-business entities. A total of P183 million in loans have been approved to seven borrowers under the LANDBANK MILK Program as of end-July 2022, with outstanding loans of P89.4 million. The AgriSenso Virtual Forums form part of LANDBANK’s intensified support to the agriculture sector and addresses the request of customers to learn more about available credit facilities. Each session focuses on a specific agriculture industry or topic, with industry experts and players invited to share insights, best practices, and opportunities for growth. The next run of the LANDBANK AgriSenso Virtual Forum will be held on 12 September 2022 to discuss the legislated programs for individual farmers jointly implemented by LANDBANK and the Department of Agriculture (DA).
READ MOREMerchant Terms & Conditions 1. The Promotion is open to all active users in good standing of the LANDBANK Visa Debit Card. 2. Promo Offer: Get an extra Php 100 OFF on Lazada s 9.9 Mega Brands Sale with your LANDBANK and OFBank Visa Debit Card! The Promo is valid on regular and sale items at Lazada. Purchase must be made from September 9 - 11, 2022 from 12:00 am to 11:59 pm Philippine time. Discount applies with a minimum spend of P1,000, charged to the LANDBANK or OFBank Visa Debit Card. Discount is capped at Php 100. Discount can be availed through a voucher code to be applied on purchases in Lazada and is open to new and existing Lazada customers. Customers should use the voucher code LBPLAZ99 to avail the discount. Discount will apply when the voucher is entered at the Payment Page and the eligible LANDBANK or OFBank Visa Debit Card is selected as the payment option. Customer must check if voucher is applied before proceeding to final check-out. 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. 3. Purchase must be made using an eligible LANDBANK and OFBank Visa Debit Card during the valid promo period from September 9 - 11, 2022. 4. Payment codes cannot be used with other collectible or static code discount vouchers. 5. Transaction must be made within the Promo Period to availof the Promo. 6. The Promo is valid at Lazada Philippines Smartphone mobile app and website. How to Avail of the Discount 1. Open the Lazada website (www.lazada.com.ph) or 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 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 LANDBANK or OFBank Visa Debit 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 thetransaction. Terms and Conditions 1. Minimum spend of P1,000 isrequired. 2. Discount capped at P100. 3. Valid for one-time use percustomer. 4. Discount is applied when customer enters eligible LANDBANK and OFBank Visa Debit Card details. 5. Discount is applied automatically at the checkout only when the voucher code has been successfully applied on the order. 6. Discount is not transferable and may not be converted to cash, credit, kind or similar financialinstruments. 7. Discount cannot be applied retroactively. 8. Discount is not applicable to items marked "Coucher card not applicable" 9. All cancelled orders will not be valid for re-instatement of voucher codes. 10. Payment codes cannot be used with other collectible or static code discount vouchers. 11. The use of promo code is subject to the Lazada Voucher Terms and Conditions. Customer Support For questions or clarifications, please contact Lazada Customer Care by clicking the chat button at http://www.lazada.com.ph/contact.
READ MORETaguig City Mayor Hon. Maria Laarni L. Cayetano (3rd from right) and LANDBANK President and CEO Cecilia C. Borromeo (4th from right) lead the signing of a P1.4 billion credit agreement for the City’s infrastructure projects on 6 September 2022 at the Mayor’s Office in Taguig City. They are joined by Taguig City Administrator Atty. Jose Luis G. Montales (2nd from right), City Treasurer Atty. J. Voltaire I. Enriquez (rightmost), LANDBANK National Development Lending Sector Head, Executive Vice President Liduvino S. Geron (5th from right), and LANDBANK Corporate Banking Group Head, Senior Vice President Ma. Celeste A. Burgos (leftmost). BGC, Taguig City – The Land Bank of the Philippines (LANDBANK) and the City Government of Taguig signed a credit agreement worth P1.4 billion to finance the City’s infrastructure and development projects that will cater to the educational, medical, and recreational needs of Taguigeños. Taguig City Mayor Maria Laarni L. Cayetano and LANDBANK President and CEO Cecilia C. Borromeo led the signing on 6 September 2022 at the Mayor’s Office in Taguig City. They were joined by Taguig City Administrator Atty. Jose Luis G. Montales and City Treasurer Atty. J. Voltaire I. Enriquez, along with LANDBANK National Development Lending Sector Head, Executive Vice President Liduvino S. Geron, Corporate Banking Group Head, Senior Vice President Ma. Celeste A. Burgos, and Public Sector Department Head, Assistant Vice President Melissa V.A. Abundo. “LANDBANK will continue to find opportunities to serve the nation with the City Government of Taguig, in line with our mutual goal of advancing inclusive economic growth towards building a stronger and more resilient local economy,” said LANDBANK President and CEO Borromeo. Under the agreement, LANDBANK will finance the construction and completion of the new Taguig City Hall, including its proposed community and recreational centers, and theater. The credit facility will also cover the construction and completion of the City’s General Hospital and University Complex buildings, to provide more accessible health care and educational services for its constituents, respectively. “Hopefully, this partnership will prosper through LANDBANK’s kind assistance and support. We recognize LANDBANK as one of our closest partners in development and we appreciate your assistance in pushing the City of Taguig to be even more successful than it is today,” said Taguig City Mayor Cayetano. The P1.4 billion LANDBANK credit facility is part of the P7.7 billion Omnibus Term Loan Facility (OTLF) approved by the Bank for the Taguig City LGU. LANDBANK approved the first drawdown from the OTLF amounting to P1.4 billion under the Restoration and Invigoration Package for a Self-sufficient Economy towards Upgrowth for LGUs (RISE-UP LGUs) Lending Program, to fast-track the City’s recovery from the challenges of the COVID-19 pandemic. LANDBANK also serves the City of Taguig through the disbursement of funds for the beneficiaries of the Conditional and Unconditional Cash Transfer (CCT/UCT) Programs of the Department of Social Welfare and Development (DSWD). The CCT and UCT beneficiaries can use their LANDBANK Prepaid Cards for cash withdrawals from the Bank’s nine (9) branches, 59 ATMs, and 7-Eleven ATMs located throughout the City. The state-run Bank also provides payroll and salary loan services for the City’s employees, as well as digital management of Taguig City’s institutional account via the LANDBANK weAccess—the Bank’s internet banking facility for corporate clients and government agencies.
READ MOREHDJ Bayawan Agri-Ventures has established a village-type sugar mill in Barangay Bugaw, Bayawan City, Negros Oriental that provides subsidized milling and hauling services to sugarcane farmers in the area. In left photo is LANDBANK Director Nancy Irlanda Tanjuatco with HDJ President Pryde Henry Teves and LANDBANK Dumaguete Branch Head Brendalyn Villavicencio during a visit to the LANDBANK-financed milling facility. Some 1,680 sugarcane farmers in Bayawan, Negros Oriental now find it more profitable to engage in farming. Thanks to the subsidized hauling services and the constant market for their produce through LANDBANK client HDJ Bayawan Agri-Venture Corporation. With HDJ’s presence right at the heart of the Lapay-Dawis-Mabinay Agrarian Reform Communities, the transportation cost is considerably reduced by at least 80%, as with the cutting-to-milling time of canes. Before, the farmers had to shell out P610 per ton of cane for hauling, and travel more than 60 kilometers to collect their hard-earned money. Hauling cost now averages as low as P50 per ton for areas within 5km; P100 for areas between 5km to 10km; and P150 for areas between 10km to 15km. Farmers get their products milled at HDJ with a 68:32 share agreement for the milled sugar and molasses – 68% for the farmer and 32% for HDJ. The corporation also buys the farmers’ share – providing a ready market for their produce. “The only way for farming to remain feasible and attractive to the Filipino farmer is to make it profitable even to the small players,” said HDJ President Pryde Henry Teves, who thanked LANDBANK for believing in the project. LANDBANK financed HDJ’s acquisition of sugar mill equipment and machineries, heavy equipment, and farm implements through a term loan in 2017. In August 2018, the company was granted additional financing for the construction of additional mill structures, equipment for a second mill, construction of a bioelectric switchyard, and installation of interconnection line. HDJ now has twin mills equipped with a rated capacity of 600 tons of cane per day and power generation of three megawatts. The first mill is operational and undergoing fine-tuning. Currently powered by a generator, the mill will soon shift to producing its own power fuelled by bagasse and other feedstock. The power that will be generated in excess of the mill’s consumption will be sold to the grid. SCP-SIDA Meanwhile, individual sugarcane farmers from Negros Oriental and other sugar-producing regions stand to benefit from the Socialized Credit Program under the Sugarcane Industry Development Act (SCP-SIDA) – a continuing direct lending program that LANDBANK implements with the Sugar Regulatory Administration (SRA). Since SCP-SIDA was launched in 2018, 41 farmers in Negros Oriental have already availed of the Program, with several other applications currently being processed by SRA for endorsement to LANDBANK. At least 90 more farmers have also expressed interest in the Program, following orientations conducted by LANDBANK and SRA in the barangays of Manduao, Villasol, and Mabinay - all within a 10 to 15 kilometer-radius from the mill. Funded by the Sugar Regulatory Administration by virtue of RA No. 10659, SCP-SIDA is specifically designed to help improve the productivity and increase the income of individual sugarcane farmers, block farms, and common service centers through direct access to credit. As of August 13, 2019, LANDBANK already approved loans amounting to P126 million, benefiting 814 borrowers. “We will work doubly hard and we will continue to work closely with SRA and the DA (Department of Agriculture) to extend more loans under the Program. SCP-SIDA is just one of the programs by which we are pursuing a more focused and direct approach in lending to provide small farmers with direct access to credit,” said LANDBANK President and CEO Cecilia C. Borromeo.
READ MOREShop at Lazada's 9.9 Mega Brands Sale using your Visa card to enjoy an extra Php 200 OFF! Merchant Terms & Conditions The Promotion is open to all active Visa Credit, Debit, and Prepaid Cards. • The Promo is valid on regular and sale items on Lazada. • Purchase must be made on September 9, 2022 12:00 am to September 9, 2022 12:00 pm Philippine time. • Discount applies for a minimum transaction amount of P3,500, charged to Visa Credit, Debit, or Prepaid Card only. The promo can be availed by using the promo code VISALAZ99; valid for one-time use at the Lazada mobile app only. • Discount will apply when the voucher is entered at the Payment Page and the eligible Visa Credit, Debit, or Prepaid Card is selected as the payment option. Customer must check if discount amount is applied before proceeding to final check-out. How to Avail of the Discount 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 Credit or Debit 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. 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-149955 Series of 2022.
READ MOREEnjoy 40% off capped at P2,000 when you shop on ZALORA with Visa. Valid for a minimum spend of P2,499. Merchant Terms & Conditions 1. Promo period is from September 7 to 15, 2022. 2. Promo is open to all ZALORA customers who will purchase on ZALORA PH and checkout with Visa within the promotion period using the voucher code VISA99. 3. The said voucher code entitles the customer to a 40% off discount for a minimum spend of P2,499 on ZALORA in a single purchase. Maximum discount P2,000, 1x use per account. 4. Orders fulfilled locally by ZALORA are entitled to receive a free limited edition Visa tote bag until supplies last. Orders shipped from overseas and marketplace are not included. How to Avail of the Discount a. Log-on to www.zalora.com.ph or the ZALORA mobile app. b. Select product and click on Add to Bag. c. Once finished, click Checkout Now to proceed. d. Log in or register by Signing in via Facebook or email. Input customer information such as name, mobile number and delivery address. e. Select Card as Payment Method and input Visa card details. f. Click Apply Promo Code: VISA99 g. Enter promo code then click Apply. h. Click Order Now to finalize order. i. Discount will be deducted from subtotal. 6. Brand and category exclusions apply. Discount is not valid on the following categories and brands: (full list: www.zalora.com.ph/faq-non-sale). 7. Any dispute concerning the products or services related to the Promo offer shall be settled directly between the cardholder and ZALORA with the concurrence of the DTI. 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-149955 Series of 2022.
READ MORE(left photo) City Schools Division of Marawi (CSDM) OIC - Schools Division Superintendent Anna Zenaida U. Alonto (leftmost) and LANDBANK Marawi Branch Head Noraida M. Dindang (4th from left) lead the ribbon-cutting of the new LANDBANK ATM at the Amai Pakpak Central Elementary School (APCES) Compound in Brgy. Buadi Sacayo, Marawi City. They are joined by Regional State Prosecutor Atty. Rohaira A. Lao (2nd from left), Ministry of Basic, Higher and Technical Education Regional Consultant Soraida Nor (center) and LANDBANK Maigo (Lanao del Norte) Branch Head Raisha L. Marohombsar (rightmost). MARAWI CITY, Lanao del Sur – Teachers and residents will no longer need to wait in long queues and travel to other towns for their cash requirements, with the installation of a new Land Bank of the Philippines (LANDBANK) ATM at the Amai Pakpak Central Elementary School (APCES) Compound in Barangay Buadi Sacayo. In partnership with the Department of Education (DepEd) - City Schools Division of Marawi (CSDM), the initiative aims to primarily serve around 1,500 teachers and school personnel who maintain payroll accounts with LANDBANK. With its strategic location, the LANDBANK ATM is also accessible to other educational institutions in the area, including the Marawi City National High School and the Mindanao State University (MSU) – University Training Center. The LANDBANK ATM is likewise available to serve the cash requirements of the Bank’s customers in the four (4) nearby barangays of Bangon, Barrio Fort, Datu Saber and Poblacion. Around 3,500 beneficiaries of the Conditional and Unconditional Cash Transfer (CCT/UCT) Programs of the Department of Social Welfare and Development (DSWD) will also benefit from the accessible LANDBANK ATM. “LANDBANK’s physical presence in strategic areas remains an essential part of our financial inclusion thrust. We are focused on reaching and serving our varied customers nationwide, especially those in remote and underserved areas,” said LANDBANK President and CEO Cecilia C. Borromeo. CSDM OIC-Schools Division Superintendent Anna Zenaida U. Alonto and LANDBANK Marawi Branch Head Noraida M. Dindang led the inauguration of the LANDBANK ATM on 31 August 2022. They were joined by Regional State Prosecutor Atty. Rohaira A. Lao, Ministry of Basic, Higher and Technical Education (MBHTE) Regional Consultant Soraida Nor, and LANDBANK Maigo (Lanao del Norte) Branch Head Raisha L. Marohombsar. Aside from payroll services, LANDBANK also extends electronic salary loan services to CSDM for the financing needs of its teaching and non-teaching staff through the LANDBANK Marawi and Cotabato Branches. The newly-installed LANDBANK ATM in the APCES Compound brings the Bank’s total number of ATMs in Lanao del Sur to 16, complementing two (2) Branches and two (2) Cash Deposit Machines (CDMs) in the province, as of 31 August 2022. LANDBANK is the only bank present in all provinces of the country, composed of of 608 Branches; 2,875 ATMs; and 232 CDMs.
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 |
