In observance of the 21st Development Policy Research Month (DPRM), led by the Philippine Institute for Development Studies (PIDS), LANDBANK is proud to support this year's theme, "Going Green and Digital for a More Sustainable, Inclusive, and Prosperous Future for All." As we continue to navigate the challenges posed by the COVID-19 pandemic, we are committed to helping our nation's recovery efforts, and achieve the 2030 Sustainable Development Goals. Join us in our mission to create a sustainable, inclusive, and prosperous tomorrow for all Filipinos. #ServingTheNation #DPRM2023
READ MOREThe Land Bank of the Philippines (LANDBANK) has remitted to the Bureau of the Treasury (BTr) its ₱50-billion contribution to the Maharlika Investment Corporation (MIC) as mandated by Republic Act No. 11954 which establishes the Maharlika Investment Fund (MIF), the first Philippine sovereign wealth fund aimed at boosting the country’s economic growth. Finance Secretary and LANDBANK Chairman Benjamin E. Diokno said that the Bank’s ₱50-billion investment to the MIF has already been settled with the BTr on Thursday, 14 September 2023, following the enactment of the MIF enabling law and the issuance of its Implementing Rules and Regulations (IRR) by the BTr. "We are witnessing a growing interest for investments in the MIF from multilateral financial institutions and foreign investors. With the regulatory requirements in place, and after securing the seed capital from state-run institutions, we are confident that the Fund will be operational by yearend,” said Secretary Diokno. At the same time, LANDBANK President and CEO Lynette V. Ortiz said the law creating the MIF has enough safeguards to protect the Bank’s invested funds. “The MIF law has put in place adequate safety nets to ensure full disclosure and transparency in the management of the Fund, as well as the integrity and professionalism of the management team that will be entrusted to lead the Maharlika Investment Corporation,” President Ortiz said. On 18 July 2023, President Ferdinand R. Marcos, Jr. signed into law Republic Act No. 11954, followed by the BTr’s issuance of the IRR a month later on 28 August 2023. The law authorizes LANDBANK and the national government to provide ₱50 billion each as initial fund capital, while the Development Bank of the Philippines (DBP) will contribute another ₱25 billion.
READ MOREThe Land Bank of the Philippines (LANDBANK) assures the fast and timely crediting of fuel subsidies and distribution of cash cards to intended transport beneficiaries nationwide once the prohibition to distribute in compliance to the election spending ban is lifted. The Land Transportation Franchising and Regulatory Board (LTFRB) is currently working on the exemption from the Commission on Elections (Comelec) to resume the distribution under the Fuel Subsidy Program (FSP). Pursuant to Comelec Resolution 10944, the releasing, disbursing or spending of public funds for social welfare projects are prohibited from September 15 to October 30, 2023 in relation to the Barangay and Sangguniang Kabataan Elections next month.
READ MOREPromo Mechanics: Qualified Cards: Mastercard Credit, and Debit Cards (including all issuing banks) that have been saved on user’s Lazada accounts prior to the promo period. OFFER: Mastercard Instant Off Promo Period: July 3 – September 25, 2023 (every Monday) The Promotion is open to all issuing banks of active Mastercard Principal or Supplementary Credit and Debit Cardholders. Promo Offer: Get PHP 100 OFF instantly, only with Mastercard! Only those who have saved their Mastercard debit and credit cards on their Lazada accounts prior to the promo period will be eligible for the discount. The promo is valid on regular and sale items at Lazada. Purchase must be made on July 3, 10, 17, 24, 31; August 7, 14, 21, 28 & September 4, 11, 18, 25, 2023 from 12:00 am to 11:59 pm Philippine time. Limited redemptions every Monday apply. PHP 100 discount applies for a minimum transaction amount of PHP 1,500 charged to the Mastercard credit or debit card. Minimum spend applies to the total amount in cart prior to any discounts. The discount will be automatically applied on purchases in Lazada and is open to new and existing Lazada customers. Customers should meet the minimum spend requirement, and select their Mastercard debit or credit card. Discount is valid for one-time use at the Lazada mobile app. Discount is not applicable to digital goods, stores with digital products, milk products for 3 years old below (under the Milk Code) and other goods from blacklisted sellers set by Lazada. 2. Instant Off discounts can be used with other static and collectible vouchers and voucher codes. Instant Off discounts can be used with other static and collectible vouchers and voucher codes. HOW TO AVAIL Via Lazada Mobile App TERMS AND CONDITIONS: Discount can be used once throughout the valid promo period. Discount is applicable to Mastercard debit and credit cardholders who have saved their card to their Lazada accounts prior to the promo periods. Discount is applied automatically at the checkout only when the customer has met the minimum spend requirement and has selected Mastercard as the payment method. Discount is not exchangeable for cash, credit or other goods and services. Discount cannot be applied retroactively. Discount is not applicable to items marked “Discount not applicable on this item”. All cancelled orders will not be valid for re-instatement of Instant Off discounts. The use of discount 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. Per DTI Fair Trade Permit No. FTEB-170678 Series of 2023.
READ MORETo boost local rice production amid challenges faced by the rice industry, the Land Bank of the Philippines (LANDBANK) has released P2.2 billion in loans to 13,701 rice farmers and cooperatives as of 31 July 2023 through the Expanded Rice Credit Assistance under the Rice Competitiveness Enhancement Fund (ERCA-RCEF). A total of P1.1 billion of the Bank’s loan releases under ERCA-RCEF directly financed palay production of individual rice farmers listed under the Department of Agriculture’s (DA) Registry System for Basic Sectors in Agriculture (RSBSA), while P507.5 million was earmarked for relending of cooperatives to its rice farmer-members; P394.1 million for rice trading and milling; and P222 million for the purchase of farm machineries and equipment. “LANDBANK is doing its share to strengthen local rice production by providing accessible and responsive financial assistance to rice farmers. In partnership with the DA, the ERCA-RCEF program forms part of our commitment to advance the agriculture sector and empower Filipino farmers,” said LANDBANK President and CEO Lynette V. Ortiz. Of the 13,701 beneficiaries, 4,783 hailed from Region 2, particularly the rice-producing provinces of Cagayan, Nueva Vizcaya and Quirino. LANDBANK also assisted 1,858 beneficiaries from Region 3; 1,463 from Region 6; 1,334 from Region 13; 1,323 from Region 4-B; and the rest from Regions 1, 4-A, 5, 7, 8, 9, 10, 11, 12, and the Cordillera Administrative Region (CAR). “Malaki ang naitulong ng ERCA-RCEF sa aming pagsasaka dahil mababa ang interes nito kumpara sa ibang pautang. Sana ay magtuloy-tuloy pa ang Programang ito para marami pang magsasakang kagaya ko ang matulungan,” said Noemi C. Negrillo, a 68-year-old rice farmer from Quirino province who was able to purchase farm inputs and sustain her rice production through a loan under the ERCA-RCEF. Implemented in partnership with the DA, the ERCA-RCEF is a credit facility which aims to boost the productivity and income of small rice farmers and their cooperatives, and cushion the initial impact of Republic Act No. 11203, also known as the Rice Tariffication Law (RTL). LANDBANK has fully disbursed the allocated fund for ERCA-RCEF from 2019 to 2022, and shall continue to make available P500 million in loans annually until 2024 to cooperatives and rice farmers registered under the RSBSA in the country’s 38 rice-producing provinces. The ERCA-RCEF Program allows individual rice farmers to borrow up to 90% of their total project cost at a low fixed interest rate of 2% per year. The loan may be used to purchase farm inputs for rice and rice seed production, farm machineries and equipment for production and post-production, working capital for rice and seed trading, as well as relending and rediscounting of existing loans of small rice farmers listed under the DA’s RSBSA.
READ MOREGeneral Emilio Aguinaldo Mayor Dennis M. Glean (2nd from left), Vice Mayor Michael B. Manalo (leftmost), and Land Bank of the Philippines (LANDBANK) Tagaytay City Branch Head Eliza M. Castrence (3rd from right) lead the inauguration of the LANDBANK offsite ATM in Brgy. Castanos Cerca near the LGU Municipal Hall on 4 September 2023. Joining them are Sangguniang Bayan Members Ricardo Binauhan and Municipal Councilor Darwin I. Quiacos (4th and 5th from left). The opening of the very first ATM in this 5th class municipality, formerly called as Bailen, allows LANDBANK to service the cash requirements of all 14 barangays of the town, which includes Batas Dao, Kabulusan, Kaypaaba, and Poblacion I. LANDBANK now has a total of 2,961 ATMs nationwide
READ MORENakaranas ka na ba ng alinman sa mga ito? Tinanggihan ang aplikasyon kahit kumpleto ang dokumento Binigyan ng requirements o bayarin na wala sa Citizen's Charter 'Di nakatanggap ng written notice sa hindi aprubadong aplikasyon Lagpas ng 3-7-20 rule ang processing time Walang official receipt Idinaan sa fixer ang transaction Cut-off system at paglabag sa "no-noon break policy" O nais mong maaksyunan agad ang nakabinbin mong aplikasyon? Tumawag sa ARTA HOTLINE 1-2782 o sa 8888. I-download ang file para sa karagdagan impormasyon.
READ MOREDon't let your savings get stuck. Make sure it's moving with RDB 2! Pumunta sa https://www.treasury.gov.ph para sa iba pang detalye. #ServingTheNation #RetailDollarBonds #BTr
READ MORELANDBANK inaugurates the new ATM in Aguinaldo, Ifugao led by Aguinaldo Mayor Gaspar Chilagan Jr. (4th from right) and LANDBANK Santiago Branch Head AVP Virginia Savilla (3rd from right), which will serve all 16 barangays in the municipality. AGUINALDO, Ifugao – In line with advancing financial inclusivity, the Land Bank of the Philippines (LANDBANK) recently inaugurated its new offsite ATM in the Municipality of Aguinaldo, Ifugao. As the only financial institution servicing the municipality, LANDBANK’s ATM located at the Ubao Barangay Hall will play a vital role in addressing the financial needs of the 16 barangays in Aguinaldo, as well as other neighboring towns. Aguinaldo Mayor Gaspar Chilagan Jr. and LANDBANK Santiago Branch Head AVP Virginia Savilla led the ceremonial event on 05 September 2023, together with other local officials. "We remain steadfast in expanding our touchpoints to provide accessible and responsive financial support and services nationwide, especially in unbanked and underserved areas in the countryside," said LANDBANK President and CEO Lynette V. Ortiz. The new LANDBANK ATM will add to the two point-of-sale (POS) terminals of the Aguinaldo Pomochan Multi-Purpose Cooperative, a LANDBANK Agent Banking Partner (ABP) that provides basic financial transactions on behalf of the Bank. "We extend our heartfelt gratitude to LANDBANK for this invaluable ATM addition, sparing our residents the unnecessary hassles of seeking distant banking facilities. This initiative significantly enhances the accessibility and convenience of banking services within our community," said Mayor Chilagan. The strategic placement of the LANDBANK ATM will also benefit various segments of the community, including municipal government employees, pensioners, teachers, police and military personnel, 4Ps beneficiaries, senior citizens, jeepney operators and drivers, and other recipients of the national government’s social programs. LANDBANK continues to step up the expansion of its touchpoints to help bridge the gap of financial accessibility for residents in remote areas, contributing to economic growth and development in the regions. The state-run Bank is celebrating its 60th anniversary this year, representing six decades of uplifting lives, empowering communities, and serving the nation — all in pursuit of an inclusive and sustainable economy.
READ MOREBAGULIN, La Union – The Land Bank of the Philippines (LANDBANK) recently installed the very first automated teller machine (ATM) in this fifth-class municipality to help promote inclusive growth. Located at the Bagulin Municipal Hall in Barangay Suyo, the new LANDBANK offsite ATM will make banking services more accessible, convenient, and safe for government employees, pensioners, beneficiaries of the Department of Social Welfare and Development (DSWD), and other clients from the town’s 10 barangays, who previously needed to travel to the neighboring town of Naguilian to access ATM services. Bagulin Mayor Virgilio C. Flor (3rd from right) and LANDBANK Senior Vice President Ma. Belma T. Turla (4th from right) led the inauguration of the offsite ATM on 12 September 2023. They were joined by Bagulin Vice Mayor Jaime A. Lictao (leftmost), with LANDBANK Bauang Branch Head Elizelda D. Calica (2nd from right) and La Union Lending Center Head Myra Myrtha M. Padolina (rightmost).
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 |
