Go cashless with LANDBANK VIsa Debit Card at the Shopee 4.4 Mega Shopping Sale! Enjoy P250 off on a minimum spend of P1,000 fron sellers that ship locally, because where you shop matters. Use voucher code VISA250OFF. Use the voucher code as often as daily within the promo period. Promo valid from March 26, 2021 to APril 4, 2021
READ MOREState-run Land Bank of the Philippines (LANDBANK) generated a total of P124.39 billion in sales for the recently concluded Retail Treasury Bonds Tranche 25 (RTB-25) offering. This accounts for 27% of the total P463.32 billion raised by the Bureau of the Treasury (BTr). LANDBANK sales were composed of P78.82 billion in new money and P45.57 billion through the switch offer, where holders of previously issued bonds exchanged their holdings for RTB-25. A total of P78.80 billion from the new sales were facilitated via over-the-counter placements at LANDBANK branches while P20.17 million was transacted through the Bank’s online channels. LANDBANK’s Link.BizPortal via the BTr’s Online Ordering Facility processed P11.89 million of the P20.17 million online sales. The remaining P8.28 million was transacted using the bond purchase feature in the mobile banking application of the Overseas Filipino Bank (OFBank), the digital-only branchless bank subsidiary of LANDBANK. “Despite being a universal bank, LANDBANK is also a retail bank that serves the diverse needs of retail investors for affordable and low-risk investment instruments. We will continue to support the National Government’s financing strategy by making government securities more accessible, including to Filipinos abroad,” LANDBANK President and CEO Cecilia C. Borromeo said. The offer period for RTB-25 began on February 9, 2021 and closed as scheduled on March 4. The three-year issuance carried a coupon rate of 2.375% per annum. The total P463.32 billion raised from the bond offer is more than 15 times oversubscribed from the initial issue size of P30 billion. Proceeds from the issuance will partially fund the government’s national budget for 2021 to support programs aimed at strengthening the Philippine healthcare system and help accelerate economic recovery against the ongoing COVID-19 pandemic. LANDBANK is the Joint Lead Issue Manager for the RTB-25 offering. 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 MOREWith the recent spike in COVID-19 cases in the country, the Land Bank of the Philippines (LANDBANK) is extending once again the waiver of fees for online fund transfers of retail clients until June 30, 2021. The waiver of fees, previously extended only until March 31, 2021, covers online fund transfers facilitated through LANDBANK’s online banking channels via InstaPay and PESONet. Among these platforms is the LANDBANK Mobile Banking App (MBA) which facilitated 14.1 million transactions valued at P20.27 billion as of end-February, amounting to increases of 71% and 230%, respectively, over the same period in 2020. The LANDBANK MBA was upgraded last year to include new features such as an enhanced user interface, card-less withdrawal, and registration of Mastercard credit and prepaid cards. Since the government imposed health restrictions in March last year, LANDBANK has been encouraging clients to utilize its digital and e-banking channels. This continues as the greater Manila area is again placed under Enhanced Community Quarantine (ECQ). "LANDBANK remains committed in balancing service delivery and safety, by providing secure and convenient digital banking solutions while promoting health protection. We continue to urge our clients to utilize our online banking platforms and make cashless transactions, especially at this time when COVID-19 cases are rising,” LANDBANK President and CEO Cecilia C. Borromeo said. As of February 2021, LANDBANK’s five major electronic channels—LANDBANK MBA, Electronic Modified Disbursement System (eMDS), Link.BiZ Portal, i-Access, and we-Access—recorded a cumulative 18.59 million transactions amounting to P247.08 billion. These represent increases of P16% and 47%, respectively, year-on-year. The LANDBANK eMDS, dedicated for national government clients and partners, recorded 191,494 transactions or a 10% increase in volume, amounting to P152.86 billion, or a 68% growth, from February 2020. Likewise, the Bank’s e-payment platform, the LANDBANK Link.BiZ Portal, facilitated 660,490 transactions amounting to P1.39 billion, or equivalent to 37% and 41% increases, respectively. Meanwhile, the LANDBANK i-Access, which provides 24/7 online banking services to individual retail clients, logged a total of 879,483 transactions with a total value of P2.28 billion representing an 83% growth rate. LANDBANK we-Access, which caters to the online banking needs of corporate clients, facilitated 2,740,611 transactions amounting to P70.33 billion. For more information about LANDBANK’s e-Banking products and services, clients may visit the Bank’s official website (www.landbank.com), or follow the Bank’s official social media channels at @landbankofficial on Facebook and Instagram, @LBP_Official on Twitter, and @LANDBANK on Viber.
READ MORETo Our Valued Clients: Easter greetings to you and your family. Amid the recent rise in COVID-19 cases, we in LANDBANK remain committed to balancing uninterrupted service delivery while prioritizing your health and safety. We encourage you to continue using our digital and online platforms at the safety and comfort of your homes for your financial transactions. The LANDBANK iAccess and Mobile Banking App are available for your immediate banking needs. We have upgraded our mobile app with enhanced functionality and security features to provide you with a more convenient experience in accessing LANDBANK’s wide array of services at your fingertips. Similarly, the LANDBANK Link.BizPortal, WeAccess, Electronic Tax Payment System and Phone Access are all available to serve your requirements. We also understand your need to send support to your families or continue conducting your businesses during this pandemic. Which is why LANDBANK has extended the waiver of fees for fund transfers to other banks via InstaPay and PESONet to until June 30, 2021. While we continue to promote cashless transactions, we also ensure sufficient cash availability in all our ATMs should you need cash. Let me then take this opportunity to remind you to be extra vigilant in protecting your accounts against scams and security threats. Do not share your personal account details to prevent unauthorized use of your bank accounts or credit cards. Please report to us immediately if you notice any unusual transactions or activities in your accounts. For those who still need to transact in our branches, strict but necessary health protocols remain in place. As we all continue to fight this pandemic, rest assured that we are committed to working with the Filipino nation towards recovery and rising above this adversity. We are #BankingOnTheFilipinoSpirit as we look forward to healthier times. Thank you for your continued confidence in LANDBANK. Sincerely, CECILIA C. BORROMEO President and CEO Land Bank of the Philippines
READ MORECalamba City Mayor Justin Marc SB. Chipeco (right) and LANDBANK Calamba City Hall Branch Head, Assistant Vice President Anna Marie L. Mundin (left) sign two (2) Memoranda of Agreement (MOA) to utilize LANDBANK’s Branch Online Collection Facility and Link.BizPortal as alternative payment channels for Calambeños to settle local government fees. CALAMBA CITY, Laguna – The City Government of Calamba is tapping the services of the Land Bank of the Philippines (LANDBANK) to provide its constituents more convenient and safe additional payment channels to settle local government fees. Calamba City Mayor Justin Marc SB. Chipeco and LANDBANK Calamba City Hall Branch Head, Assistant Vice President Anna Marie L. Mundin, signed two (2) Memoranda of Agreement (MOA) for the use of LANDBANK’s Branch Online Collection (OnColl) Facility and electronic payment channel Link.BizPortal on March 23, 2021. The LANDBANK Branch OnColl Facility will allow Calambeños to pay Real Property Taxes (RPT) to the Local Government Unit (LGU) of Calamba City at any LANDBANK branch nationwide. As part of the agreement, LANDBANK shall accept payments from the clients of Calamba City LGU in the form of cash, authority to debit account, on-us checks, manager’s checks, and local checks. Meanwhile, through LANDBANK’s Link.BizPortal, Calambeños will also be able to settle their RPT and business permit payments via the internet. Under the MOA, LANDBANK shall make Link.BizPortal accessible to Calamba City clientele for the payment of fees and charges assessed manually. The Bank shall also report to Calamba City LGU the number and total amount of transactions or collections facilitated daily. “LANDBANK’s digital payment facilities support LGUs in promoting ease of doing business, especially under the new normal. We are also looking to collaborate with more government partners toward providing uninterrupted public services amid ongoing mobility limitations and health concerns due to the pandemic,” said LANDBANK President and CEO Cecilia C. Borromeo. As of end-February 2021, the number of transactions facilitated through LANDBANK’s major electronic channels reached 18.6 million with a total value of P247.08 billion, representing increases of 16% and 47%, respectively, over the same period last year. Specifically, the LANDBANK Link.BizPortal recorded 660,490 transactions amounting to P1.39 billion, equivalent to 37% and 41% growth rates, respectively. With 781 enrolled partner-merchants nationwide as of March 2021, the LANDBANK Link.BizPortal is the Bank’s response to the national government’s call for a National Retail Payment System, which also supports the “eGov Pay” payment solution of the Bangko Sentral ng Pilipinas (BSP). Access the LANDBANK Link.BizPortal for convenient online payment to chosen merchants via the Bank’s official website (www.landbank.com) or directly visit www.lbp-eservices.com. For more news and updates, follow the Bank’s official social media channels at @landbankofficial on Facebook and Instagram, @LBP_Official on Twitter, and @LANDBANK on Viber.
READ MOREMatanao Mayor Vincent F. Fernandez (2nd from right) and LANDBANK Davao del Sur Lending Center Department Manager Arnel M. Caalim (rightmost) lead the ceremonial signing for a P200-million financial recovery loan package, witnessed by Matanao Vice Mayor Alfredo O. Panerio (2nd from left) and LANDBANK Bansalan Branch Department Manager Raquel U. Dela Cerna. MATANAO, Davao del Sur – Recovery efforts of this 2nd class municipality against the ongoing health crisis, as well as natural calamities such as frequent earthquakes that rock the region, will receive crucial financial support from the Land Bank of the Philippines (LANDBANK) as the Municipality of Matanao signed six (6) term loans totaling P200 million on March 15, 2021. The Matanao local government unit (LGU) availed of the financial recovery package under the RISE UP LGUs (Restoration and Invigoration Package for a Self-sufficient Economy towards UPgrowth for LGUs) Lending Program, designed to provide the necessary funding requirements of provincial, city, and municipal LGUs to revive their local economy and recover from the adverse impact of the COVID-19 pandemic. “We continue to encourage our LGUs to utilize their borrowing capacity to bolster local healthcare services and economic recovery programs. The LANDBANK RISE UP LGUs Lending Program provides for responsive and accessible financing for these requirements,” said LANDBANK President and CEO Cecilia C. Borromeo. Part of the loan will be used by Matanao to bolster its healthcare services, which include maintenance of COVID-19 isolation and monitoring units, as well as temporary treatment facilities for residents suspected or have tested positive with the virus. The loan will also replenish funds used by the LGU to procure food and medical supplies that are distributed to the poorest and most affected members of the community who are mostly engaged in rice farming and banana cultivation. Under Republic Act No. 11494 or the “Bayanihan to Recover as One Act,” loans availed by LGUs during this time for such purposes will receive an interest subsidy until December 31, 2022 or until the total P1-billion subsidy fund under the Act is fully utilized. For his part, Matanao Mayor Vincent F. Fernandez said the LGU will strive to keep Matanao as one of the most competitive municipalities in the Davao Region. “We are very thankful to LANDBANK for immediately responding to the urgent request of the LGU for assistance. Thank you for a decade of partnership. We hope that through this financial package with concessional terms, we can recover faster, not only from the damages brought about by the recent quakes, but also from this pandemic," said Mayor Fernandez. He added that one of the term loans will be used to reconstruct the Municipal Hall building—previously financed by the Bank in 2013—after it was severely damaged by earthquakes in 2019 and rendered unusable. Another term loan will be used to acquire heavy equipment for the ongoing development of road networks and other infrastructure prospects within the Municipality that will pave the way for the enhanced mobility of people and goods. Moreover, the loan package will also fund the construction of a public market building that will benefit small farmers and fishers, as well as micro, small and medium enterprises (MSMEs). Interested LGUs may contact the nearest open 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. Updates are regularly posted on the official LANDBANK Facebook, Instagram and YouTube accounts (@landbankofficial), Twitter (@LBP_Official), and in Viber Community (@LANDBANK), or in the LANDBANK website (www.landbank.com).
READ MORECebu Governor Gwendolyn F. Garcia (2nd from left), Deputy Speaker and Cebu 3rd District Congressman Pablo John F. Garcia (3rd from left), and Cebu 2nd District Congressman Wilfredo S. Camenero (rightmost) lead the MOA signing with LANDBANK Visayas Lending Group Head, Senior Vice President Elsie F. Tagupa (leftmost) for the Enhanced Countryside Development (ECD) Program on March 5, 2021. CEBU CITY, Cebu – State-run Land Bank of the Philippines (LANDBANK) joined hands with the Provincial Government of Cebu in opening doors for livelihood opportunities and business expansion to farmers and fishers in underdeveloped areas in the Province of Cebu with the launch of the Enhanced Countryside Development (ECD) Program. Cebu Governor Gwendolyn F. Garcia signed a Memorandum of Agreement (MOA) with LANDBANK and two other government financial institutions for the implementation of the ECD Program on March 5, 2021. Under the agreement, LANDBANK will provide direct financial assistance to eligible and qualified borrowers endorsed by the local government unit (LGU), with reasonable interest rates and payback terms. The facility aims to assist the LGU to shift the development focus from the urban Metro Cebu to the underdeveloped and underutilized towns of the province. “LANDBANK welcomes the opportunity to take part in advancing inclusive countryside development in Cebu. This forms part of our steadfast support to our local government partners, as we continue to extend accessible credit to finance livelihood expansion and recovery requirements, especially in underdeveloped towns and municipalities in the Province,” said LANDBANK President and CEO Cecilia C. Borromeo. Under the MOA, LANDBANK will provide necessary financing for the LGU’s projects that support the agriculture value chain. This includes infrastructure projects such as farm-to-market roads and post-harvest facilities in strategic areas in the province. At the same time, farmers and fishers will be provided with the necessary capital to restart or improve their livelihood. All ECD-participating farmers will also be provided crop insurance through the Philippine Crop Insurance Corporation (PCIC), as well as technical and marketing support. “LANDBANK commits its all-out support to the ECD Program, especially on extending loans to the farmers and fishers in the Province of Cebu,” said LANDBANK Visayas Lending Group Head, Senior Vice President Elsie Fe NB. Tagupa. 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 MOREMiagao Mayor Macario N. Napulan (center) and LANDBANK West Visayas Branches Group Head, First Vice President Delma O. Bandiola (4th from left) lead the official inauguration and blessing of the newly-relocated LANDBANK Miagao Branch on March 22, 2021. With them are (from left) University of the Philippines-Visayas (UPV) Chancellor Dr. Clement C. Camposano, Iloilo Science and Technology University (ISAT U) President Dr. Raul F. Muyong, and LANDBANK Miagao Branch Head Rowena H. Areño. MIAGAO, Iloilo – From its former site inside the Fisheries Library Museum Building of the University of the Philippines-Visayas (UPV), the Land Bank of the Philippines (LANDBANK) Miagao Branch recently moved to a new site at Barangay Igtuba beside the Iloilo Science and Technology University (ISAT U) to better service the banking needs of clients. “LANDBANK remains committed to bringing quality products and services closer to our valued clients. The strategic relocation of the Miagao Branch is meant to better service the banking needs of our depositors and loan clients in the area, especially cooperatives, micro, small and medium enterprises, rural banks and LGU partners,” said LANDBANK President and CEO Cecilia C. Borromeo. Miagao Mayor Macario N. Napulan led the inauguration of the new branch on March 22, 2021, together with LANDBANK West Visayas Branches Group Head, First Vice President Delma O. Bandiola. They were joined by UPV Chancellor Dr. Clement C. Camposano, ISAT U President Dr. Raul F. Muyong, and LANDBANK Miagao Branch Head Rowena H. Areño. Mayor Napulan welcomed the move of LANDBANK which signified continued support for the municipality’s economic development. “I am very happy that one of the biggest banks in the country is located here in Miagao,” he said. For more updates, follow the official LANDBANK Facebook, Instagram and YouTube accounts (@landbankofficial), Twitter (@LBP_Official), or join the Viber community (@LANDBANK), and visit the LANDBANK website (www.landbank.com).
READ MOREDASURECO General Manager Ferdinand D. Canastra (center) and LANDBANK Davao del Sur Lending Center Head, Department Manager Arnel M. Caalim (leftmost), lead the P350-million loan signing on March 15, 2021 to enhance electric services in Davao del Sur and Davao Occidental. Joining them are (from left) DASURECO Finance Services Manager Alejandra B. Rosario and LANDBANK Account Officer Christian Harvey N. Wong and Account Assistant Ralph Rhester Encabo. DIGOS, Davao del Sur – Land Bank of the Philippines (LANDBANK) granted the Davao del Sur Electric Cooperative, Inc. (DASURECO) a P350-million credit line to augment its working capital for the continued provision of reliable, affordable, and uninterrupted electric services to consumer-members in Davao del Sur and Davao Occidental. The loan signing was led by DASURECO General Manager Ferdinand D. Canastra and LANDBANK Davao del Sur Lending Center, Department Manager Arnel M. Caalim on March 15, 2021. They were joined by DASURECO Finance Services Manager Alejandra B. Rosario and LANDBANK Account Officer Christian Harvey N. Wong and Account Assistant Ralph Rhester Encabo. The LANDBANK Davao del Sur Lending Center facilitated the loan application of DASURECO amid strict community quarantine protocols implemented in the region. “LANDBANK recognizes the vital role of our electric cooperative partners in providing essential public service for socio-economic growth, especially in the countryside. We will continue to support their financial requirements toward advancing inclusive local recovery and development,” said LANDBANK President and CEO Cecilia C. Borromeo. DASURECO General Manager Ferdinand D. Canastra welcomed the approval of the loan that will support the financing of three (3) additional power substations and rehabilitation of subtransmission lines. DASURECO will also use the loan to fund a new three-storey office building located in Barangay Cogon, Digos City. “The loan will help us pursue projects that will ensure power efficiency and reliability in the provinces we serve. It will also be a big help for us to provide a safe and convenient office building for our employees and consumers visiting us,” said General Manager Canastra. As a public utility provider, DASURECO is a partner in the National Government’s Rural Electrification Program, particularly in the provinces of Davao del Sur and Davao Occidental. The cooperative services many small farmers and fishers and supports their capacity for post-production and storage. As of December 31, 2020, DASURECO has a total of 205,568 active connections being served by six substations. It is categorized as a Mega Large Electric Cooperative with a AAA rating—the highest classifications conferred to an electric cooperative by the National Electrification Administration (NEA). LANDBANK continues to offer loans in support of developmental projects for the delivery of basic services and necessary infrastructure facilities. Interested cooperatives 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. Updates are regularly posted on the official LANDBANK Facebook, Instagram and YouTube accounts (@landbankofficial), Twitter (@LBP_Official), and in Viber Community (@LANDBANK), or in the LANDBANK website (www.landbank.com).
READ MOREFor three years in a row, state-run Land Bank of the Philippines (LANDBANK) once again posted a 100% resolution rate for all concerns coursed through the Civil Service Commission’s (CSC) Contact Center ng Bayan (CCB) from January to December 2020, ranking first among the government agencies in the country. The CCB serves as the public feedback mechanism of the CSC, designed to ensure that actions on public feedback are in compliance with the number of days government agencies are required to respond under Republic Act No. 11032 or the Ease of Doing Business and Efficient Government Service Delivery Act signed in 2018. “This recognition from the CSC underscores LANDBANK’s steadfast commitment towards customer satisfaction. Rest assured that we will continue to prioritize and address client concerns as part of providing the highest standard of customer service to the sectors we serve,” said LANDBANK President and CEO Cecilia C. Borromeo. Aside from the CSC-CCB channel, LANDBANK clients may also send their comments or feedback to the Bank’s customer center hotline at (02) 8-405-7000 or at PLDT Domestic Toll Free 1-800-10-405-7000, or via email at customercare@mail.landbank.com. LANDBANK is also working on expanding its customer touchpoints through a website chatbot where clients can either chat with a live agent or choose self-service options. For more information about LANDBANK’s customer service channels, clients may follow the Bank’s official social media channels at @landbankofficial on Facebook and Instagram, @LBP_Official on Twitter, and @LANDBANK on Viber.
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 |