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.
READ MORESama-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.
READ MORELANDBANK officers and local government officials lead the opening of four (4) new Agri-Hubs located in (clockwise from upper left) San Fernando, Bukidnon; Plaridel, Misamis Occidental; Bongabong, Oriental Mindoro; and Claveria, Misamis Oriental. This brings the total number of LANDBANK Agri-Hubs in the country to 16 as of end-2022, designed to deliver financial services closer to farmers and fishers nationwide. The Land Bank of the Philippines (LANDBANK) wrapped-up 2022 with the opening of four (4) new Agri-Hubs located in the provinces of Oriental Mindoro, Bukidnon, Misamis Occidental and Misamis Oriental, expanding its physical touchpoints to better serve farmers and fishers in the country. The state-run bank established the four Agri-Hubs in the last week of December, which will provide combined services of banking, lending and agrarian services to the country’s top rice-producing provinces, including unbanked and underserved rice farming areas. “Our continued expansion of LANDBANK Agri-Hubs across the country forms part of our commitment to deliver responsive and timely financial services to the agriculture sector, especially to small farmers and fishers. We strive to make our banking products and services more accessible especially in underserved areas to help boost agricultural production and build stronger local communities,” said LANDBANK President and CEO Cecilia C. Borromeo. LANDBANK opened its 13th Agri-Hub in the country in Plaridel, Misamis Occidental, to primarily serve over 23,000 farmers and fishers within the municipality and its neighboring town of Lopez Jaena under the leadership of Plaridel Agri-Hub Head Deborah L. Dalid. Plaridel Vice Mayor Neite Gornez and LANDBANK Calamba (Misamis Occidental) Branch Manager Gina P. Baliton graced the opening of the Plaridel Agri-Hub on 26 December 2022. LANDBANK established another Agri-Hub in Claveria, Misamis Oriental, to cater to the banking requirements of more than 13,000 farmers and fishers in the municipality. Claveria Mayor Meraluna L. Salvaleon-Abrogar, Vice Mayor Reynante L. Salvaleon, LANDBANK Vice Presidents Lina K. Pacio and Jimmy P. Arco, and Claveria Agri-Hub Head Marlita M. Cagas led the opening of the Claveria Agri-Hub on 28 December 2022. Meanwhile, the Agri-Hub in San Fernando, Bukidnon was inaugurated on 29 December 2022 by San Fernando Mayor Rogelio C. Yeke, Vice Mayor Levi C. Edma, LANDBANK Valencia Branch Head Madelyn A. Rodriguez and San Fernando Agri-Hub Head Agnesita M. Llauder to service the municipality’s 24 barangays, including 11,000 farmers and fishers. On the same day, a LANDBANK Agri-Hub in Bongabong, Oriental Mindoro was opened by Bongabong Mayor Elegio A. Malaluan, Vice Mayor Richard S. Candelario, LANDBANK Pinamalayan Branch Head Lizza Mae F. Camposano and Bongabong Agri-Hub OIC May Fatima Torres, to provide accessible financial services mainly to the 12,233 farmers and fishers in Bongabong. They were joined by Calapan Branch Head Ferdinand E. Abas, Roxas Mindoro Branch Head Lolita V. Apostol, Oriental Mindoro Lending Center OIC Elisa A. Laudencia, and Agrarian Operations Center IV Representative Henrich M. Ibaña. LANDBANK Agri-Hubs offer banking services such as account opening, withdrawals, and check encashments; lending services such as the processing of loan applications; and agrarian services such as processing of Agrarian Reform (AR) bonds and handling of agrarian-related concerns from landowners, bondholders, and agrarian reform beneficiaries (ARBs). The opening of LANDBANK’s new Agri-Hubs raises the total number of the Bank’s Agri-Hubs in the country to 16, complementing the Bank’s 607 Branches and 58 Lending Centers nationwide, as of end-December 2022.
READ MORESama-sama nating harapin ang kinabukasan nang may bagong pag-invest sa Retail Treasury Bonds 29 (RTB-29) mula ngayong ika-7 hanggang ika-17 ng Pebrero 2023! Ang investment mo sa RTB-29, na nagkakahalaga lamang ng mula P5,000.00, ay malaking tulong na para sa pagpapa-unlad at pagpapatibay ng ating agrikultura, imprastraktura, edukasyon, at kalusugan.
READ MOREThe Land Bank of the Philippines (LANDBANK) is providing Filipinos with safe and convenient options to invest their hard-earned money in the Retail Treasury Bonds Tranche 29 (RTB-29) with Bond Exchange. This is being offered by the National Government through the Bureau of the Treasury (BTr). Launched on 07 February 2023 with the theme, “Sama-sama sa Bagong Pag-asa,” the RTB-29 is a five-and-a-half-year bond with a coupon rate of 6.125% per annum. Proceeds of this safe and high-yielding investment instrument will help fund the country’s development plans for agriculture, infrastructure, education, and healthcare systems, among others. “We expect RTB-29 to be well-received by the market given the higher interest rates. The more retail investors participate in RTBs, the faster we are to advancing the country’s development agenda where no one is left behind,” said LANDBANK President and CEO Cecilia Cayosa Borromeo. Interested investors may conveniently purchase the RTB-29 with a minimum investment of P5,000 and integral multiples thereof, via the LANDBANK Mobile Banking App. 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 the RTB-29 can also make online placements through the BTr Online Ordering Facility and settle the payments via LANDBANK’s Link.BizPortal, free of charge. Over-the-counter placements are accepted in all LANDBANK branches nationwide. Holders of previously issued bonds, namely FXTN 5-75, 7-58, and 20-5, may also exchange and reinvest their bond holdings for the latest bond offer. The public offer period for RTB-29 is ongoing until 17 February 2023, with issue date on 22 February. The maturity date is on 22 August 2028. LANDBANK is the Joint Lead Issue Manager for the RTB-29. It is part of its continued support for greater financial inclusion and boosting public resources to fund various recovery and development programs.
READ MOREBaggao Mayor Leonardo C. Pattung (leftmost) and LANDBANK President and CEO Cecilia Cayosa Borromeo (5th from left) lead the inauguration rites for the LANDBANK Baggao Agri-Hub on 27 April 2023, at the Baggao LGU Compound, Brgy. San Jose, Baggao, Cagayan. Joining them are Vice Mayor Rowel B. Gazmen (3rd from left), former Cagayan 1st District Representative, Atty. Ramon C. Nolasco, Sr. (2nd from left), and from LANDBANK, Executive Vice President Liduvino S. Geron (4th from left) and Senior Vice President Ma. Belma T. Turla (6th from left). BAGGAO, Cagayan – Towards servicing the development needs of small farmers and fishers, the Land Bank of the Philippines (LANDBANK) officially inaugurated its newest Agri-Hub in the Municipality of Baggao – the very first in the Province of Cagayan. The LANDBANK Baggao Agri-Hub provides banking, lending, and agrarian services, all under one roof, for residents of the Municipality’s 48 barangays, including over 17,500 rice and corn farmers. The location of the Agri-Hub allows Baggaoeños to conveniently perform their banking transactions without having to travel all the way to Tuguegarao City, which is more than an hour away from Baggao. Local LANDBANK customers include more than 11,000 Conditional and Unconditional Cash Transfer beneficiaries of the Department of Social Welfare and Development (DSWD). Baggao Mayor Leonardo C. Pattung and LANDBANK President and CEO Cecilia Cayosa Borromeo led the inauguration rites on 27 April 2023. They were joined by Vice Mayor Rowel B. Gazmen, former Cagayan 1st District Representative, Atty. Ramon C. Nolasco, Sr., and from LANDBANK, Executive Vice President Liduvino S. Geron and Senior Vice President Ma. Belma T. Turla. “Kaisa po ninyo ang LANDBANK upang mas ilapit sa bawat mamamayan ng Baggao ang mga programa at proyekto ng ating pamahalaan. We look forward to more years of progressive partnership with the Baggao LGU as we explore more avenues for collaboration, in the service of Baggaoeños and the nation at large,” said President Borromeo. Located at the Baggao LGU Compound in Brgy. San Jose, the LANDBANK Baggao Agri-Hub is headed by Elcidita J. Villaruz under the supervision of Tuguegarao (Capitol) Branch Head, Joselita S. Simeon. The newly-inaugurated Agri-Hub forms part of LANDBANK’s physical network in the province, consisting of 10 Branches and Branch-Lite Units, 54 ATMs, seven CDMs, and one mobile ATM. “We want to convey our sincerest gratitude to LANDBANK for their unwavering assistance towards the convenience and welfare of Baggaoeños. The Baggao LGU will always be ready to support your undertakings, as we mutually fulfill our vision of providing responsive public service,” said Mayor Pattung. Strategically located in the top rice-producing provinces in the country, LANDBANK Agri-Hubs are designed to provide banking services such as account opening, withdrawals, and check encashments; lending services such as the processing of loan applications; and agrarian services such as processing of Agrarian Reform (AR) bonds and handling of agrarian-related concerns from landowners, bondholders, and Agrarian Reform Beneficiaries (ARBs). LANDBANK now operates a total of 16 Agri-Hubs nationwide, located in the Provinces of Pangasinan, Ilocos Sur, Isabela, Pampanga, Nueva Ecija, Oriental Mindoro, Camarines Sur, Negros Occidental, Iloilo, Bohol, Misamis Occidental, Misamis Oriental, Bukidnon, Sarangani, and Davao del Norte.
READ MOREThe Land Bank of the Philippines (LANDBANK) has countered the claim that it has ‘failed in its mandate’ with a report on its outstanding loans to the agriculture sector reaching P271.8 billion as of March 2023. It represents 14.8% year-on-year growth, with P42.3 billion of the loans directly benefitting small farmers and fishers nationwide. LANDBANK has remained faithful to its social mandate of promoting inclusive and sustainable development, primarily by being the biggest credit provider to the agriculture sector reaching all components of the agriculture value chain. The Bank’s total agri loan portfolio has sustained its upward trajectory with an average growth rate of 10.4% from 2012 to 2022, even as the agriculture sector grew sideways by an average of 0.64% in the same period. As the financial intermediary of the Comprehensive Agrarian Reform Program (CARP), LANDBANK has inspected and valued 1.6 million hectares of private agricultural lands distributed by the Department of Agrarian Reform (DAR) to 958,623 Agrarian Reform Beneficiaries (ARBs), with 90,995 landowners compensated amounting to P81.7 billion. The Bank has also extended P2.7 billion in loans to 2,356 individual ARBs and 469 ARB cooperatives and farmers’ associations nationwide. Financial leader and digital enabler Led by solid governance and leadership, the Bank continues to build its strong financial muscle to support other key development sectors. LANDBANK recorded a net income of P10.8 billion in the first quarter of the year, buoyed by higher revenues and lower operating costs. The Bank’s assets and capital both expanded year-on-year, while financial ratios likewise remain at healthy levels. As the country’s largest GOCC, LANDBANK has the financial capacity and resources, and experience to support the National Government’s development agenda. It is also supportive of strategic measures to promote greater operational efficiency, cost savings and stronger fiscal position to service the country’s development needs. Meanwhile, LANDBANK is the only State-run Bank that has continued to ramp-up its digitalization drive geared towards providing safe, accessible and convenient banking service to meet the growing needs of customers, with a 30% growth in value of transactions amounting to P735.95 billion for its major digital banking platforms in the first quarter of 2023 alone. LANDBANK likewise supports public and private partners to adopt digital payments for disbursements and collections. The Bank has onboarded 890 government merchants and 346 private entities in the LANDBANK Link.BizPortal payment platform as of 31 March 2023. LANDBANK is also the only government entity that offers an online ordering platform for bond issuances of the government, most recently the Retail Treasury Bonds Tranche 29 (RTB-29) of the Bureau of the Treasury (BTr). Development partner of LGUs and NGAs The Bank has maintained its dominance as the biggest development partner of the Local Government Units (LGU) sector towards local development, with all 1,717 LGUs nationwide maintaining deposit accounts with the state-run Bank. As of 31 March 2023, LANDBANK’s outstanding loans to LGUs nationwide have reached P94.5 billion. Majority of National Government Agencies (NGAs) and other government-owned and controlled corporation (GOCCs) also have LANDBANK as their major depository bank, which also services their collection and disbursement requirements through the On-line National Collection System. The Bank also facilitates the collection of taxes for the Bureau of Internal Revenue (BIR) and collection of tariffs and duties for the Bureau of Customs (BOC), while servicing the payroll and grants of public partners and pensioners, respectively. Extensive network LANDBANK is the only bank present in all 82 provinces of the country, providing accessible products and services, including to underserved and remote communities. Bank touchpoints are composed of 607 branches and branch-lite units, 58 lending centers, 2,906 ATMs, 224 CDMs, and 1,751 Agent Banking Partners POS cash-out terminals. Clients may also access 2,391 PAPI ATMs located in 7-Eleven stores nationwide. Distribution arm of social protection programs LANDBANK serves as the main distribution arm of the National Government’s social protection programs, which include the delivery of cash grant to the 9.9 million beneficiaries of the country’s Conditional and Unconditional Cash Transfer programs. The Bank has also provided assistance to various sectors of the economy affected by the COVID-19 pandemic, delivering social amelioration support to displaced workers, small businesses, Overseas Filipino Workers (OFWs), and PUV drivers and operators. Through the years, LANDBANK has taken a more prominent role at the forefront of nation-building: from providing reliable banking services and financial interventions, to accelerating financial inclusion, supporting vulnerable sectors, revitalizing local economies, and pursuing initiatives in support of the National Government’s inclusive development agenda.
READ MORELANDBANK President and CEO Cecilia Cayosa Borromeo (center) receives the Outstanding CEO Award 2023 from ADFIAP Chairman Mominul Islam (right) and Royal Government of Cambodia delegate and ARDB Bank CEO Dr. Kao Thach (left) at the ADFIAP Development Awards in Almaty, Kazakhstan. Land Bank of the Philippines (LANDBANK) President and CEO Cecilia Cayosa Borromeo was hailed as ‘Outstanding CEO for 2023’ during the annual Association of Development Financing Institutions in Asia and the Pacific (ADFIAP) Development Awards on 16 May 2023 held in Almaty, Kazakhstan. The “Outstanding CEO Award 2023” is granted by ADFIAP to a practicing Chief Executive Officer whose exceptional leadership, vision, and achievements have made a significant impact on his or her institution, the development banking profession, and the country’s development. The award recognizes Borromeo’s accomplishments in steering the Bank’s transformation as a development-oriented institution at the forefront of nation-building. “I am deeply honored and humbled by this recognition from peers in development finance. This accolade extends to the men and women of LANDBANK who are passionate in service, committed to the pursuit of excellence, and inspired to make a positive difference,” said President Borromeo. President Borromeo led LANDBANK’s intensified support to agriculture, by almost quadrupling the number of small farmers and fishers assisted from 889,669 in June 2019 to 3.5 million by the end of 2022, exceeding its commitment to reach 3 million small farmers and fishers by 2022. The Bank’s agri loans also grew to P261.7 billion—the highest in the industry—which supported all components of the agriculture value chain. Under her leadership, LANDBANK became a key player in advancing the National Government’s financial inclusion agenda, by onboarding a total of 8.35 million previously unbanked Filipinos who are registrants in the National ID program. President Borromeo likewise pushed for the continued expansion of LANDBANK’s reach, especially in unserved and underserved areas. LANDBANK is the only bank present in all 82 provinces of the country, with touchpoints in 80% of the 1,634 cities and municipalities nationwide. It was also during her term that LANDBANK ramped up its digitalization drive towards providing digital solutions to meet the growing needs of customers, posting year-on-year growths of 14% amounting to 155.8 million transactions and 126% for P5.6 trillion in value, respectively, in 2022. LANDBANK breached the P3-trillion mark in total assets and P30-billion in net income in 2022, posting an asset growth of 21.5% to P3.1 trillion and a jump of 38.2% in net income to P30.1 billion, respectively. President Borromeo’s term also saw the establishment of LANDBANK’s subsidiary, the Overseas Filipino Bank (OFBank), as a digital bank and the first branchless bank in the Philippines catering especially to Overseas Filipino Workers and Overseas Filipinos. Other ADFIAP Awards At the awarding ceremony, LANDBANK also bagged an Environmental Development award for its Clean Development Mechanism (CDM) on Animal Waste Management project, which promotes biodigester technology as a pollution control system for piggery farm operations. Piggery farm operations normally generate methane gas, which is a greenhouse gas (GHG). Through this technology, methane gas is captured, converted into energy resource to be utilized for farm operations, enabling reduction of GHG and its harmful effects. The Bank also received a Merit Award on Financial Inclusion for offering Online Deposit Account Opening and Purchase of Retail Treasury Bonds, which allows clients to open an account and purchase Retail Treasury Bonds (RTB) offered by the Bureau of the National Treasury (BTr). LANDBANK is the only government entity that offers an online ordering platform for bond issuances of the National Government. ADFIAP serves as the focal point of all development banks and other financial institutions engaged in development financing across the Asia-Pacific region, with the mission to advance sustainable development through its members. The annual ADFIAP Awards recognizes member-institutions that have made important contributions to national development.
READ MOREASA President and CEO Kamrul H. Tarafder (4th from left), LANDBANK President and CEO Lynette V. Ortiz (5th from left), and BDO Capital President Eduardo V. Francisco (rightmost), alongside other local bank leaders, lead the ceremonial signing for ASA’s P5-billion syndicated corporate notes facility on 05 July 2023 in Pasig City. The Land Bank of the Philippines (LANDBANK) has joined hands with the BDO Capital & Investment Corporation (BDO Capital) in arranging a P5-billion syndicated corporate notes facility with other domestic banks, to support ASA Philippines Foundation, Inc.’s (ASA) credit expansion for underserved women. The state-run Bank has a significant participation in the syndicated transaction, the proceeds of which will be used for ASA’s working capital to reach and empower more women in the country through the provision of accessible financing. “We, at LANDBANK, welcome this timely opportunity to advance gender equality and women empowerment. Through our collective efforts and joint resources, we can foster an equal playing field for all – regardless of gender – to further boost economic productivity and growth,” said LANDBANK President and CEO Lynette V. Ortiz. ASA’s five-year corporate notes issuance was classified as the first-ever Gender Bonds in the country, as certified by social bond second-party opinion provider DNV and registered with the Securities and Exchange Commission (SEC). The issuance of the first-of-its-kind bonds was launched on 05 July 2023 in Pasig City, following a ceremonial signing between ASA President and CEO Kamrul H. Tarafder, LANDBANK President and CEO Ortiz, BDO Capital President Eduardo V. Francisco, and other industry leaders for ASA’s notes facility. Joining them were Bangko Sentral ng Pilipinas (BSP) Deputy Governor Bernadette Romulo-Puyat, ASA Board Member Eric L. Gotuaco, and other development partners. LANDBANK Investment Banking Group and BDO Capital jointly arranged the syndicated transaction, with RCBC Trust and Investment Group serving as the Security Trustee and Notes Facility Agent. Other lenders to the transaction include the BDO Unibank, Inc., Philippine National Bank, Bank of the Philippines Islands, and Security Bank. LANDBANK has been supporting ASA’s expansion since 2014, as part of its steadfast support to microfinance organizations in the country. The new partnership likewise complements the state-run Bank’s efforts to provide ample opportunities for women entrepreneurs.
READ MOREPhilSA Director General Dr. Joel Joseph S. Marciano, Jr. (center), LANDBANK Senior Vice President Elcid C. Pangilinan (2nd from right), and DOST-ASTI representative Engr. Alvin E. Retamar (4th from right) sign the tripartite memorandum of understanding for collaboration on the use of space data and analytics. The Land Bank of the Philippines (LANDBANK) recorded significant increases in volume and value of transactions across its major digital banking platforms in the first six months of the year. The state-run Bank facilitated 94.7 million transactions worth P1.9 trillion from January to June 2023, representing year-on-year jumps of 22% and 41% in volume and value, respectively. The combined digital transactions were made through the LANDBANK Mobile Banking App (MBA), Electronic Modified Disbursement System (eMDS), LANDBANK Bulk Crediting System (LBCS), Link.BizPortal, iAccess, and weAccess. “More customers continue to embrace the advantages of using LANDBANK’s digital banking solutions. We will drive investments to upgrade our digital infrastructure further, to continue providing convenient, accessible, and secure services,” said LANDBANK President and CEO Lynette V. Ortiz. The LANDBANK MBA accounted for the bulk of the total digital transactions, facilitating 76.1 million transactions amounting to P140.5 billion. These translate to year-on-year expansions of 27% and 36% in volume and value, respectively. LANDBANK customers mostly use the MBA for fund transfer and bills payment, as well as for purchasing government bonds, including the Retail Treasury Bonds Tranche 29 (RTB-29) offered in February 2023. The eMDS, LANDBANK’s internet facility for national government agencies, registered the highest transaction value at P1.3 trillion for a 36% jump from P966.2 billion in the same period a year ago. Total transactions likewise grew by 15% to 1.4 million from 1.2 million. Meanwhile, the Bank’s electronic bulk disbursement facility, LBCS, saw the most significant increases in utilization and value in the first half of the year, with total transactions reaching 3.6 million valued at P32.3 billion for unprecedented growth rates of 6,737% and 398%, respectively. The LANDBANK Link.BizPortal, a web-based payment channel for paying for products and services online, also posted a 44% rise in volume to 4 million transactions worth P6 billion. The value of transactions facilitated via LANDBANK’s online retail banking channel, iAccess, and its corporate internet banking platform, weAccess, likewise improved by 3% and 53% to P9.1 billion and P433.3 billion, respectively. With the continued adoption of digital banking, LANDBANK continues to remind customers and the public to be more vigilant against phishing scams and other forms of online banking fraud. The Bank is regularly posting on its official social media channels security reminders and best practices to avoid falling victim to fraudulent activities online. LANDBANK is celebrating its 60th anniversary this month, representing six decades of uplifting lives, empowering communities, and serving the nation — all in pursuit of an inclusive and sustainable economy.
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 |
