More Filipinos can simultaneously grow their money and contribute to various socio-economic development initiatives in the country through the Bureau of the Treasury’s (BTr) Retail Treasury Bonds Tranche 27 due 2027 or RTB-27 issuance, which are available via the online investment channels of the Land Bank of the Philippines (LANDBANK). Launched on February 15 with the theme, “Mula sa Puso, Para sa Pinas,” the BTr’s five-year RTB-27 issuance is a low-risk investment instrument with a coupon rate of 4.875% per annum. The offer period is until February 28 with settlement scheduled on March 4. “The RTB-27 offering is a timely opportunity for retail investors to expand their portfolio while directly contributing to the government’s recovery, resiliency and emergency programs. Investing in RTB-27 has been made more accessible and convenient through LANDBANK’s digital platforms for Filipinos worldwide,” said LANDBANK President and CEO Cecilia C. Borromeo. Interested investors can purchase RTB-27 bonds for a minimum investment of P5,000 via 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-27 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 also accepted in all LANDBANK branches nationwide. In addition to purchasing new bonds, the BTr also allows holders of previously issued bonds, namely FXTN 20-02 and FXTN 03-24, to exchange and reinvest their bond holdings for RTB-27. Last November 2021, LANDBANK generated a total of P48.4 billion in sales for the previous Retail Treasury Bonds Tranche 26 or RTB-26 issuance. LANDBANK serves as the Joint Lead Issue Manager for the RTB-27 issuance, as part of its continued support to advancing greater financial inclusion and boosting public resources to fund various recovery and development programs.
READ MOREThe Land Bank of the Philippines (LANDBANK) announced that the combined value facilitated by its six major electronic channels reached P2.45 trillion in 2021—a 46% hike from the previous year—while volume of transactions grew by 19% to 136.3 million. LANDBANK President and CEO Cecilia C. Borromeo credited this growth to the expanding adoption of the Bank’s digital services and marks another milestone in LANDBANK’s ongoing digital transformation. “LANDBANK is leveraging on the latest technological solutions to deliver a digital banking experience designed for the new normal. We will continue to bank on digital infrastructures as we push for greater digital adoption and advance financial inclusion in the country,” said President Borromeo. The LANDBANK Mobile Banking App (MBA) recorded 103.8 million transactions worth P172.39 billion last year, representing upsurges of 44% and 103%, respectively, from the previous year. The Bank’s e-payment facility, Link.BizPortal, facilitated around 3.88 million transactions equivalent to an 83% increase, corresponding to a total value of P10.45 billion or a 31% growth rate. The LANDBANK weAccess—the Bank’s institutional internet banking platform—recorded 20.9 million transactions worth nearly P489 million for increases of 29% and 24%, respectively. The Bank also logged a 30% jump in value via its iAccess internet retail banking channel, reaching P15.40 billion compared to P11.87 billion in 2020. The LANDBANK Bulk Credit System (LBCS) also posted unprecedented annual growths of 105% and 1181% for volume and value, respectively. Lastly, the LANDBANK Electronic Modified Disbursement System (eMDS) for national government agency partners posted increases of 20.9 million or 29% more transactions, and a total P488.98 billion or 24% rise in value. With the continuous increase in the use of e-banking channels, the state-run Bank assures its customers that it maintains the highest level of security in all its systems while reminding customers to remain vigilant against online banking fraud and scams.
READ MOREThe Land Bank of the Philippines (LANDBANK) now offers a versatile mobile payment application which allows users to safely and conveniently pay bills, load up mobile phones and tollway RFID accounts, purchase online (e-Commerce), as well as transfer funds anytime, anywhere. LANDBANK unveiled the LANDBANKPay, an all-in-one mobile wallet in a virtual launch event on 22 April 2022, to further widen the access of customers to financial services and advance greater financial inclusion in the country. “The LANDBANKPay builds on our broader thrust of serving the nation through reliable and convenient digital banking. This is in line with LANDBANK’s full commitment to expand access to responsive and affordable financial products and services, especially for those residing in unbanked and underserved areas of the country,” said LANDBANK President and CEO Cecilia C. Borromeo. LANDBANKPay Features Initial registration in LANDBANKPay, which only requires a customer’s Mobile Number, full name, and birth date, opens a Small Wallet account with a maximum balance limit of P20,000. The LANDBANKPay Small Wallet account can be used to perform basic transactions, such as balance inquiry, buy load, bills payment to more than 800 government and private partner merchants enrolled in the LANDBANK Link.BizPortal, and cash-in via the LANDBANK Mobile Banking App (MBA), Link.BizPortal, LANDBANK Branches and Agent Banking Partners nationwide. Small Wallet accountholders can likewise request and receive funds from Full Wallet accountholders. Customers can upgrade to a LANDBANKPay Full Wallet account by providing basic demographic information, uploading a valid government-issued ID, and taking a “selfie” to confirm their identity. Full Wallet accountholders will enjoy an increased maximum balance limit of P50,000 and LANDBANKPay’s full array of features, which include cash-in and cash-out facilities, fund transfers, buying load, online purchases, local cash remittances through the LBPadala, bills payment to more than 800 government and private partner merchants enrolled in the LANDBANK Link.BizPortal, and linking of LANDBANK Credit and Prepaid cards. LANDBANKPay in PhilSys The LANDBANKPay was soft-launched in 2021 to provide National ID applicants who have smartphones their own transaction accounts, under LANDBANK’s co-location strategy with the Philippine Statistics Authority (PSA) for the PhilSys Project roll-outs. As of 31 March 2022, LANDBANK has onboarded more than 7.8 million PhilSys registrants in 70 provinces nationwide. The LANDBANKPay joins LANDBANK’s roster of major digital banking channels, which include the LANDBANK Mobile Banking App, weAccess, iAccess, Link.BizPortal, and the Electronic Modified Disbursement System (eMDS). The LANDBANKPay is free to download from the Google Play Store and iOS App Store for all users, even those without an existing LANDBANK account.
READ MOREThe Land Bank of the Philippines (LANDBANK) facilitated a total of 39.14 million transactions amounting to P567.61 billion from its major digital banking channels in the first three months of 2022—translating to a 36% and 22% year-on-year growth in volume of transactions and value, respectively. “LANDBANK’s digital transformation is geared towards providing accessible financial services to meet the growing needs of our customers. We are also driven towards greater digital adoption to advance financial inclusion in the country, in line with our expanded mandate of serving the nation,” said LANDBANK President and CEO Cecilia C. Borromeo. She added that the demand for LANDBANK’s digital services continue to rise as more customers shift to using more convenient, reliable, and safe digital banking solutions, especially in the new normal. In particular, the LANDBANK Mobile Banking App (MBA) recorded 29.75 million transactions worth P47.18 billion for the first quarter of the year, or upsurges of 37% in volume and 46% in value, year-on-year. The LANDBANK weAccess—the Bank’s corporate internet banking platform—recorded more than six (6) million transactions worth nearly P143.19 billion, which translates to growths of 37% and 25%, respectively. Meanwhile, the Bank’s web-based payment facility, Link.BizPortal, facilitated around 1.38 million transactions equivalent to a 42% increase with corresponding total value of P3.41 billion or 58% growth rate. LANDBANK’s online retail banking channel, iAccess, also logged a 26% jump in transactions value, at P4.46 billion compared to the P3.55 billion in the same period last year. The LANDBANK Electronic Modified Disbursement System (eMDS) for national government agency partners also posted an increase of 36% in transactions volume amounting to P368.06 billion, or 18% rise in value. With the continuous increase in the use of digital banking channels, the state-run Bank assures its customers that it maintains the highest level of security in all its systems, while also reminding customers to remain vigilant against online banking fraud and scams.
READ MOREThe Land Bank of the Philippines (LANDBANK) announced that starting 01 June 2022, customers will enjoy significantly lower transaction fees when making online payments using the Link.BizPortal digital payment platform. LANDBANK reduced the LinkBiz transaction fees for LANDBANK and Overseas Filipino Bank (OFBank) ATM Account and Prepaid Cardholders from P15.00 to P7.00 per transaction. Customers who use the LANDBANKPay—LANDBANK’s recently launched all-in-one mobile wallet—will also be charged P7.00 per LinkBiz transaction, with additional P2.00 rebate. Transaction fees using other payment options, except over-the-counter cash and credit card payments, will also be reduced from P25.00 to P17.00. The fee adjustment is in line with LANDBANK’s commitment to provide accessible financial services to meet the diverse and growing needs of customers, and advance financial inclusion in the country. "We continue to encourage our customers to make cashless payments in a convenient, safe and cost-effective manner. The lowered LinkBiz transaction rates form part of LANDBANK’s contribution towards building a cash-lite society,” said LANDBANK President and CEO Cecilia C. Borromeo. The Link.BizPortal is LANDBANK’s web-based payment channel that allows clients to pay for products and services online to over 870 government and private partner merchants nationwide. The use of LANDBANK’s digital channels continues to rise as more customers perform their banking and financial transactions online. For the first three months of 2022, the LANDBANK Link.BizPortal facilitated 660,490 transactions with value of P1.39 billion, representing increases of 37% and 41%, respectively, year-on-year. LANDBANK’s digital transformation fully supports the National Government’s digital and financial inclusion agenda in line with its expanded mandate of serving the nation.
READ MORELANDBANK President and CEO Cecilia C. Borromeo (4th from right) and SSS President and CEO Michael G. Regino (5th from right), together with LANDBANK and SSS officials, lead the signing of Memorandum of Agreement for the electronic disbursement of SSS pay-outs and collection of fees via LANDBANK digital banking platforms at the LANDBANK Plaza, Manila. The Land Bank of the Philippines (LANDBANK) and the Social Security System (SSS) have signed a Memorandum of Agreement (MOA) for a safer and more convenient disbursement and payment collection for SSS members, employers, pensioners, and claimants. Under the Agreement, the SSS will be utilizing LANDBANK’s Bulk Credit System (LBCS) and the Link.BizPortal digital platforms to ensure the timely delivery of social assistance to local and overseas Filipino workers and their beneficiaries. LANDBANK President and CEO Cecilia C. Borromeo and SSS President and CEO Michael Regino led the signing of the MOA on 01 June 2022 at the LANDBANK Plaza, Manila. “Our collaboration today is timely and relevant as we continue to leverage on technology to meet the growing demand for digital payments and financial solutions. Our combined efforts will ensure the delivery of convenient and uninterrupted service to SSS members nationwide,” said LANDBANK President and CEO Borromeo. Through this partnership, LANDBANK will facilitate the electronic bulk disbursements of retirement funds, benefits, and investments to qualified SSS payees through the LBCS. This will be coursed via PESONet, InstaPay, or the LANDBANK Crediting Facility for the timely crediting of SSS pay-outs. The SSS will also integrate their Electronic Collection Service to the LANDBANK Link.BizPortal for real-time posting of contributions including loans, PESO funds, and other fees from their members. The LANDBANK Link.BizPortal is a web-based payment channel that allows clients to pay for products and services online to over 870 private and government partner merchants nationwide. With this initiative, the SSS joins the roster of 550 national government agencies supported by the LANDBANK Link.BizPortal. These include the Philippine National Police (PNP), Bureau of Internal Revenue (BIR), Department of Health (DOH), Department of Labor and Employment (DOLE), Department of Science and Technology (DOST), and the Department of Trade and Industry (DTI), among others. This partnership forms part of LANDBANK’s expanded mandate of serving the nation, which includes the promotion and adoption of digital payments for the advancement of financial inclusion in the country.
READ MOREThe Provincial Government of Biliran tapped LANDBANK to finance the construction of a flood control system in the Municipality of Naval (left photo) and acquisition of medical equipment and ambulances (center and right photos), among other development projects to enhance the delivery of essential public services in the province. BILIRAN – State-run Land Bank of the Philippines (LANDBANK) is doing its share to accelerate recovery and development of this island province by catering to the banking and financial needs of the provincial government and its eight municipalities. LANDBANK is the sole servicing bank in Biliran with a 100% share in deposits and loans of all local government units (LGUs) of the province—making the Bank the biggest development partner of the LGUs towards inclusive and sustainable local development. “Biliran is full of promising opportunities with its rich natural resources and flourishing agriculture and tourism sectors. LANDBANK fully supports the province’s development agenda by servicing the requirements of all LGUs and other local stakeholders,” said LANDBANK President and CEO Cecilia C. Borromeo. As of 30 June 2022, LANDBANK has approved loans to Biliran LGUs amounting to P747.9 million, which include financing for the construction of road networks, waterworks systems, public markets and government buildings, and acquisition of essential equipment, among others. In support of the Provincial Government’s COVID-19 response, LANDBANK financed the acquisition of medical equipment and supplies to boost the healthcare services of the Biliran Provincial Hospital—the only public hospital in the province. The Bank likewise supported the provincial government in the acquisition of land and sea ambulances to assist all municipalities for the expedient transfer of patients to the provincial hospital. The provincial government was also assisted by the Bank to complete a four-kilometer road, drainage and flood control systems, water reservoir and perimeter fence in the Municipality of Naval, which serves as the provincial capital. LANDBANK’s outstanding loans to Biliran’s agriculture sector have reached P79.2 million, with nearly 25,000 farmers and fishers assisted as of end-June 2022. Major provincial commodities financed include the production of milkfish and palay. At the same time, LANDBANK also facilitates the regular disbursement of subsidies to over 20,000 local 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 eight automated teller machines (ATMs) and three Agent Banking Partners (APBs) in the province, as well as for cashless purchases in groceries and drugstores with point-of-sale (POS) terminals. The LANDBANK Prepaid Cards are now upgraded into transaction accounts with expanded features to provide a more convenient banking service to users. New features include receiving funds from LANDBANK accounts through fund transfers via the LANDBANK Mobile Banking App (MBA), iAccess, the LANDBANK Remittance System (LBRS) for overseas remittances, ATMs, and from other bank accounts via InstaPay and ATM fund transfers. LANDBANK is also providing Biliran LGUs digital banking facilities designed to enhance operational efficiency. These services include digital account management via the LANDBANK weAccess, online payment and collection of local fees and charges powered by the LANDBANK Link.BizPortal, and digital tax payments through the LANDBANK Electronic Tax Payment System (eTPS). The Bank is also looking to expand its accessible touchpoints with two additional ATMs in the towns of Kawayan and Cabucgayan within the year. LANDBANK, the only bank present in all 81 provinces in the country, is the biggest development partner servicing the LGU sector, with outstanding loans reaching P79.23 billion as of end-May 2022 and all LGUs nationwide maintaining deposit accounts with the state-run Bank.
READ MOREStudents, public utility vehicle drivers, vendors, household helpers, farmers, fishers, and other unbanked and underserved Filipinos can now open a LANDBANK PISO account with just P1.00 as minimum initial deposit. The Land Bank of the Philippines (LANDBANK) offers a new product to help bring more unbanked and underserved Filipinos—including students, public utility vehicle drivers, vendors, household helpers, farmers, and fishers—into the country’s formal banking system. Through the LANDBANK “Perang Inimpok Savings Option” or PISO account, interested customers can open a LANDBANK deposit account with only P1.00 as minimum initial deposit and up to a maximum of P50,000 account balance. The depositor is only required to submit one (1) valid identification card or any Barangay certification, clearance, or ID for verification. The LANDBANK PISO account is being offered to individuals without an existing LANDBANK deposit account and have no capacity to open a regular deposit savings account with higher initial deposit and maintaining balance requirements. “The LANDBANK PISO is another testament of our commitment to advance the National Government’s financial inclusion agenda. We continue to develop accessible and convenient banking products relevant to the diverse needs of our customers, including the unbanked and underserved,” said LANDBANK President and CEO Cecilia C. Borromeo. With the LANDBANK PISO, accountholders can access the Bank’s array of digital banking channels such as the iAccess, Link.BizPortal, and the Mobile Banking App for fund transfer, bills payment, and balance inquiry services. Accountholders can also use the PISO account in any LANDBANK, BancNet, and 7-Eleven Automated Teller Machines (ATMs), domestic Point-of-Sale (POS) terminals, and for over-the-counter transactions in their respective LANDBANK branch of account. Interested individuals may go to the nearest LANDBANK Branch in their area to open a LANDBANK PISO account. LANDBANK remains to be the only bank present in all of the country’s 81 provinces. As of 30 June 2022, the state-run Bank operates 608 branches; 2,847 ATMs; and 233 Cash Deposit Machines nationwide.
READ MOREFor the first half of 2022, the major digital banking channels of the Land Bank of the Philippines (LANDBANK) registered growths of 25% in volume and 21% in value, year-on-year, facilitating a total of 77.6 million transactions valued at P1.4 trillion. The increases represent combined transactions from the LANDBANK Mobile Banking App (MBA), iAccess, weAccess, Link.BizPortal, Electronic Modified Disbursement System (eMDS), and the LANDBANK Bulk Crediting System (LBCS). “LANDBANK remains committed to promoting greater digital adoption in support of the National Government’s financial inclusion agenda. Our safe, convenient and accessible digital banking products are designed to meet the needs of our diverse customer base, as we continue serving the nation,” said LANDBANK President and CEO Cecilia C. Borromeo. The LANDBANK MBA led in terms of transaction volume with 59.8 million amounting to P103.1 billion, translating to 27% and 37% increases in volume and value, respectively. In terms of value, the Bank’s internet facility for national government partners, eMDS, topped the list with a total value of P966.2 billion or a 22% rise year-on-year, from facilitating 1.2 million transactions. The LANDBANK weAccess—the Bank’s corporate internet banking platform—also recorded growths of 17% in transactions and 11% in value, facilitating more than 10 million transactions worth P262.8 billion. Meanwhile, LANDBANK’s web-based payment channel, Link.BizPortal, facilitated 2.8 million transactions equivalent to a 48% increase, with a corresponding total value of P6 billion or 30% growth rate. Lastly, the LANDBANK iAccess and LBCS—the Bank’s online retail banking channel and electronic disbursement facility, repectively—recorded a combined total volume of 2.8 million transactions amounting to P15.3 billion. With the soaring demand for digital banking channels amid the pandemic, LANDBANK assures customers that it is maintaining the highest level of security in all its systems, as it also reminds customers to remain vigilant against online banking fraud and scams. Through the years, LANDBANK has grown into one of the leading universal banks in the country, while remaining faithful to its social mandate to promote inclusive and sustainable development. On 8 August 2022, the Bank celebrated its 59th anniversary, representing almost six decades of service to the nation.
READ MOREThe 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 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 |
