A contingent of senior officials led by LANDBANK President and CEO Cecilia C. Borromeo (3rd from left) pay a courtesy visit to BIR Commissioner Lilia C. Guillermo (4th from left) in line with the Bank’s continuing commitment to support modernized tax administration. The Land Bank of the Philippines (LANDBANK) expressed its continuous support for the Bureau of Internal Revenue’s (BIR) tax collection modernization efforts towards providing convenient services for taxpayers. LANDBANK President and CEO Cecilia C. Borromeo met with BIR Commissioner Lilia C. Guillermo on 05 October 2022, to explore meaningful avenues for collaboration to advance better tax administration. They were joined by LANDBANK Senior Vice Presidents Marilou L. Villafranca and Randolph L. Montesa, and other Bank officers. The state-run Bank supports the BIR through the LANDBANK Link.BizPortal facility, which provides taxpayers with a safe, reliable, and efficient online payment solution to conveniently pay their taxes, among other digital banking services. The LANDBANK Link.BizPortal allows customers to pay tax liabilities online via the BIR or LANDBANK websites, thereby eliminating the need to physically wait in line at BIR regional and district offices. From January to August 2022, the LANDBANK Link.BizPortal has facilitated for the BIR over 548,000 transactions with a total value of P1.4 billion.
READ MORELANDBANK President and CEO Cecilia C. Borromeo pays a courtesy visit to Defense Senior Undersecretary and OIC Jose C. Faustino, Jr. on 10 October 2022 to express support for the National Government’s peace and order efforts. Land Bank of the Philippines (LANDBANK) President and CEO Cecilia C. Borromeo paid a courtesy visit to Department of National Defense (DND) Senior Undersecretary and OIC Jose C. Faustino, Jr. to express the Bank’s continued support for plans and programs towards national security. The two officials discussed potential areas of collaboration to enhance the agency’s operational efficiency, as well as prioritize the banking needs of Filipino soldiers, personnel, veterans and pensioners through digital banking and treasury services, among others. Borromeo personally expressed gratitude to Faustino and DND, for providing the necessary security and transportation to LANDBANK personnel during the distribution of financial assistance in remote and risky areas. The meeting was also attended by LANDBANK Senior Vice Presidents Celeste A. Burgos, Randolph L. Montesa, Marilou L. Villafranca, and Ramon R. Monteloyola, along with other senior Bank officials. LANDBANK currently serves the banking needs of DND, including payroll service and salary loans for employees, and convenient digital payment to suppliers through the LANDBANK Bulk Remittance System (LBRS), among others. In April of this year, LANDBANK strengthened its partnership with the Philippine Veterans Affairs Office (PVAO), an attached agency of the DND, with the signing of the amended Memorandum of Agreement (MOA) for the Direct Remittance Pension Servicing System (DRPSS) to better service Filipino veterans and pensioners. Under the amended MOA, LANDBANK and PVAO have streamlined procedures for pension account opening and formalized the crediting of other PVAO benefits, such as medical and burial assistance, to the LANDBANK ATM accounts of pensioners. LANDBANK also partnered with the Philippine Air Force (PAF) for the PAF Online Payment System (POPS) powered by the LANDBANK Link.BizPortal, to facilitate the efficient online payment of light and water utility dues, bidding document fees, trust receipts for the Air Force General Hospital, and rental fees for the PAF Aerospace Museum and concessionaires. Through the POPS, PAF clients, which include creditors, suppliers, and PAF personnel and their family members, are now able to settle their financial commitments in a faster, secure, and convenient manner. LANDBANK likewise supports the National Government’s Enhanced-Comprehensive Local Integration Program (E-CLIP), which aims to improve the livelihood of former rebels and extremists and their families by financing small businesses and agri-enterprises. Under the LANDBANK Balik-Loob Lending Program (BLLP), former rebels, former extremists, and their cooperatives and associations can avail of loans to finance small businesses, such as sari-sari stores, furniture making, and tailoring, as well as agri-enterprises such as crop and livestock production, among others. Eligible borrowers can avail up to 90% of the total project cost but not exceeding P100,000.00 per borrower, with an interest rate of 5% per year, payable up to one (1) year for short term loans and up to five (5) years for term loans. As part of the ongoing contribution to the government’s peace-building efforts, LANDBANK has released a total of P1.5 million to 16 former rebels under the BLLP, as of end-September 2022.
READ MORELANDBANK President and CEO Cecilia C. Borromeo (4th from right) and other Bank officers pay a courtesy visit to Navotas City Mayor John Reynald M. Tiangco (5th from right) on 14 October 2022, to express support to the City Government’s development agenda. NAVOTAS CITY – The Land Bank of the Philippines (LANDBANK) continues to support the City Government of Navotas towards the fulfillment of its socio-economic initiatives to drive local recovery and inclusive development. During a courtesy visit on 14 October 2022, LANDBANK President and CEO Cecilia C. Borromeo and Navotas City Mayor John Reynald M. Tiangco discussed ongoing and potential collaboration programs and projects for the benefit of Navoteños. LANDBANK has been supporting Navotas City’s infrastructure projects through the years, including the construction of the Navotas City Hospital (NCH), Navotas Columbarium and Crematory, training center, medical and wellness center, and street lights. Most recently, the Bank extended financing support to the City Government under the RISE-UP LGUs (Restoration and Invigoration package for a Self-sufficient Economy towards UPgrowth for LGUs) Lending Program, for the enhancement of the NCH and acquisition of various laboratory equipment and generator set, among others. The City Government of Navotas and LANDBANK also partnered in 2021 to provide Navoteños with a safe and efficient online payment facility to settle local government fees. Through the LANDBANK Link.BizPortal, Navoteños now enjoy the convenience of paying their real property taxes, business taxes, and other financial obligations to the City Government anytime and anywhere, without the need to physically line up at the city hall. LANDBANK currently has two branches and 10 automated teller machines (ATMs) in Navotas City, providing convenient banking services to all of its 18 barangays. LANDBANK customers include beneficiaries of the Department of Social Welfare and Development’s (DSWD) Conditional and Unconditional Cash Transfer (CCT/UCT) Programs, local government employees, teachers, and private employees.
READ MORE(left photo) Tumauini Mayor Venus T. Bautista (left) and LANDBANK Ilagan Branch Head, Assistant Vice President Lorenzo M. Saquing (right) sign a Memorandum of Agreement for the use of the LANDBANK Link.BizPortal payment platform, (right photo) as a new LANDBANK ATM is inaugurated at the municipal compound. TUMAUINI, Isabela – The Municipal Government of Tumauini has tapped the digital services of the Land Bank of the Philippines (LANDBANK) to provide its constituents with a more convenient and safe payment channel to settle local government fees. Tumauini Mayor Venus T. Bautista and LANDBANK Ilagan Branch Head, Assistant Vice President Lorenzo M. Saquing led the signing of a Memorandum of Agreement for the use of the LANDBANK Link.BizPortal on 18 October 2022. Through the LANDBANK Link.BizPortal, residents can now settle fees, dues, and charges to the local government unit (LGU) at their convenience with just a few clicks on their computers or mobile devices. The Municipal Government of Tumauini joins over 970 government and private partner merchants nationwide that have been enrolled in the LinkBizPortal system, as of end-September 2022. For the first nine months of the year, the LANDBANK Link.BizPortal has facilitated over 506,000 transactions with value of P8.8 billion, representing increases of 56% and 19%, respectively, year-on-year. “LANDBANK fully supports the digitalization initiatives of the local government of Tumauini to deliver convenient public services. We look forward to helping increase payment collection rates to fund more development programs in the municipality,” LANDBANK President and CEO Cecilia C. Borromeo said. The Tumauini LGU and LANDBANK also inaugurated a new LANDBANK ATM at the new Municipal Building Compound in Barangay San Pedro, Tumauini, Isabela. This second LANDBANK ATM in the municipality will cater to government employees and private customers, including the beneficiaries of the National Government’s Conditional and Unconditional Cash Transfer (CCT/UCT) Programs in the 46 barangays of Tumauini, as well as the 26 barangays of the neighboring Municipality of Delfin Albino. The presence of this new offsite ATM further complements the delivery of essential banking services in the area, in line with LANDBANK’s thrust to promote financial inclusion nationwide.
READ MORELANDBANK President and CEO Cecilia C. Borromeo (4th from left) and other Bank officers pay a courtesy visit to Pasig City Mayor Victor Ma. Regis “Vico” N. Sotto (5th from left) on 07 November 2022, to discuss potential collaboration programs to advance the City Government’s digitalization efforts. PASIG CITY – The Land Bank of the Philippines (LANDBANK) expressed full support to accelerating the Pasig City Government’s digitalization thrust towards the efficient delivery of responsive public services in the city. LANDBANK President and CEO Cecilia C. Borromeo met with Pasig City Mayor Victor Ma. Regis “Vico” N. Sotto on 07 November 2022, to discuss potential partnerships to digitize local processes and promote contactless payments in public markets and transport. The principals discussed providing local market vendors with electronic wallets, such as the versatile all-in-one mobile payment application LANDBANKPay, for more efficient and convenient payment of goods. The City can likewise consider implementing the Automated Fare Collection System (AFCS) for commuters using the LANDBANK prepaid contactless cards for convenient and safe cashless payments in Public Utility Vehicles (PUVs), with the LGU willing to provide free rides for Pasigueños. LANDBANK currently provides the City Government of Pasig with digital banking facilities designed to improve its operational efficiency. These include the LANDBANK Link.BizPortal that allows residents to pay their real property taxes, business permits, and other financial obligations to the City Government anytime and anywhere, without the need to physically line up at the city hall. LANDBANK and the Pasig City LGU have also been working closely for the efficient and convenient distribution of cash assistance to local senior citizens and student scholars. Beneficiaries receive their cash grants in a timely manner from the City Government through LANDBANK Cash Cards. Beneficiaries can withdraw their cash grants for free from 78 LANDBANK ATMs or via over-the-counter at 11 LANDBANK branches in Pasig City, as well as from ATMs in 7-Eleven convenience stores near them. The LANDBANK Cash Cards can also be used to make cashless purchases in groceries, drugstores, and other accepting merchants via Point-of-Sale (POS) terminals.
READ MOREThe major digital banking platforms of the Land Bank of the Philippines (LANDBANK) in the first three quarters of the year have facilitated a total of 111.3 million transactions amounting to P4.6 trillion – registering 15% and 169% year-on-year growths in volume and value, respectively. Amid the continuing increase in customer demand for digital financial transactions, LANDBANK President and CEO Cecilia C. Borromeo underscored the importance of digital transformation for the state-run Bank during the “BOUNDLESS: Philippine Digital Convention 2022” held on 27 October 2022 in Parañaque City. “Digitalization enables LANDBANK to provide better solutions to the growing and varied needs of our customers. This includes delivering greater value to beneficiaries of social protection programs, government employees, local government units, and other key development sectors,” said President Borromeo at the Convention, where The total utilization growth recorded by LANDBANK in the nine-month period consists of combined transactions via the LANDBANK Mobile Banking App (MBA), weAccess, Electronic Modified Disbursement System (eMDS), Link.BizPortal, iAccess, and the LANDBANK Bulk Crediting System (LBCS). The LANDBANK MBA topped the group in terms of transaction volume, which recorded 87.6 million transactions amounting to P154.3 billion, translating to 20% and 29% increases, respectively. The overall increase in transaction value was propelled by the Bank’s corporate internet banking platform, the LANDBANK weAccess, which logged 13.26 million transactions worth P2.95 trillion – a 739% increase in value from the same period last year. Meanwhile, the LANDBANK eMDS for national government partners facilitated 1.7 million transactions worth P1.4 trillion, translating to a 19% rise in value. The Bank’s online retail banking channel, iAccess, likewise posted a 16% increase in terms of transaction value amounting to P13 billion from 3.9 million transactions. The Link.BizPortal, LANDBANK’s web-based payment facility, recorded a 50% rise in transaction volume with 4.3 million transactions worth P8.8 billion. Lastly, the LBCS — the Bank’s online electronic disbursement facility — recorded transactions amounting to P14.09 billion for a significant 575% jump compared to the same period last year. “More than the numbers – the outcome, the quality of lives of the people and communities we serve are very important. The possibilities of improving the lives of customers are boundless,” added President Borromeo. LANDBANK continues to leverage on digital technology to deliver convenient and secure financial services and products to development sectors of the economy, as part of its full commitment to serving the nation.
READ MORELANDBANK President and CEO Cecilia C. Borromeo (4th from left) and other Bank officers pay a courtesy visit to San Juan City Mayor Francisco Javier M. Zamora (seated) on 09 November 2022, to express support for the LGU’s digitalization and infrastructure projects for the city. SAN JUAN CITY – The Land Bank of the Philippines (LANDBANK) reaffirmed its commitment to the City Government of San Juan in supporting its digitalization and infrastructure development agenda for the welfare of the City’s residents. LANDBANK President and CEO Cecilia C. Borromeo paid a courtesy visit to San Juan City Mayor Francisco Javier M. Zamora on 09 November 2022 to discuss ongoing joint initiatives and explore other opportunities for collaboration to accelerate the City’s growth and development. LANDBANK has financed the LGU’s infrastructure projects over the years, including the construction of its City Hall and the San Juan Medical Center, as well as the acquisition of medical equipment for the healthcare facility. The two principals discussed the possible construction of a local government center in the City to house government offices, sports facilities, and other support services. LANDBANK likewise supports San Juan City’s digitalization thrust by providing secure and reliable digital banking services for the efficient operations of the LGU. These services include digital account management via the LANDBANK weAccess and digital tax payments through the LANDBANK Electronic Tax Payment System (eTPS). The San Juan LGU previously signed a Memorandum of Agreement (MOA) with the Bank to utilize the LANDBANK Link.BizPortal, and will soon be able to provide local residents a safe, reliable, and efficient online payment solution to pay their taxes, permits, and other fees. Also in partnership with the LGU, micro, small and medium enterprises (MSMEs) in the City also conveniently received their LANDBANK Cash Cards loaded with P10,000.00 financial aid under the Pangkabuhayan sa Pagbangon at Ginhawa (PPG) of the Department Trade and Industry (DTI), to help them recover from the adverse effects of the pandemic. Along with other LANDBANK customers, the beneficiaries can transact from the Bank’s four (4) Branches and seven (7) automated teller machines (ATMs) in San Juan City.
READ MORE(L-R) LANDBANK Senior Vice President Ramon R. Monteloyola, Securities and Exchange Commission (SEC) Commissioner McJill Bryant T. Fernandez and Director Dondie Q. Esguerra, lead the ceremonial signing of the amended Memorandum of Agreement (MOA) for the LANDBANK Online Collection (OnColl) facility on 28 November 2022 at the SEC Headquarters in Makati City. The Land Bank of the Philippines (LANDBANK) and the Securities and Exchange Commission (SEC) have strengthened their partnership for the efficient processing of registration applications and payments. Under the amended Memorandum of Agreement (MOA), LANDBANK and SEC have updated their processes for the acceptance of payments of all SEC fees and transactions covered by a Payment Assessment Form (PAF) through the LANDBANK Online Collection (OnColl) facility. The LANDBANK OnColl facility facilitates around 2,000 transactions per month for the SEC, which covers applications for company registrations, and the verification and reservation of corporate names, among others. New SEC Accounts shall also be enrolled in the LANDBANK weAccess, for the convenient online viewing and downloading of Online Collection Reports by the SEC. SEC Commissioner McJill Bryant T. Fernandez, Financial Management Department Director Dondie Q. Esguerra, and LANDBANK South NCR Branches Group Head, Senior Vice President Ramon R. Monteloyola, signed the amended MOA on 28 November 2022 at the SEC Headquarters in Makati City. “LANDBANK fully supports the digitalization journey of the SEC to respond to the evolving needs of its customers. Our renewed partnership furthers the ease of doing business with the Commission through the delivery of convenient services,” said LANDBANK President and CEO Cecilia C. Borromeo. For his part, SEC Commissioner Fernandez said that the LANDBANK OnColl will help in the Commission’s efforts to transition from over-the-counter transactions to online payments. “[This] will provide real-time and accurate reporting and monitoring made through online collections that will further strengthen our mandate towards transparency, accountability and good governance,” said Commissioner Fernandez. Payments to SEC applications can be made in 609 LANDBANK branches nationwide as of 31 October 2022. LANDBANK and SEC are likewise working towards upgrading current processes, from using the OnColl facility into the Link.BizPortal—LANDBANK’s web-based payment channel—to better serve the growing demand for safe and contactless online payment options.
READ MOREDICT Secretary Ivan John E. Uy (4th from right) and LANDBANK President and CEO Cecilia C. Borromeo (2nd from right) sign the Inter-Government Agency Memorandum of Understanding (MOU) for E-Governance on 2 December 2022 at the Marriot Hotel in Pasay City, Manila, together with (from L-R) MinDa Chairperson Maria Belen S. Acosta, GSIS President and General Manager Jose Arnulfo Veloso, DTI Usec. Herminio C. Bagro III, DILG Usec. Lord A. Villanueva, and SSS President Michael Regino. The Land Bank of the Philippines (LANDBANK) and the Department of Information and Communications Technology (DICT) have partnered to synergize initiatives in ensuring the interoperability of the applications and systems of both institutions. DICT Secretary Ivan John E. Uy and LANDBANK President and CEO Cecilia C. Borromeo formalized the collaboration with a Memorandum of Understanding (MOU) signed during the Inter-Government Agency MOU Ceremonial Signing for E-Governance event on 2 December 2022 at the Marriot Hotel in Pasay City, Manila. Under the MOU, LANDBANK and DICT will harmonize, coordinate, and integrate their Information and Communications Technology (ICT) efforts, which include resource sharing, database building and agency networking linkages. “Our Memorandum of Understanding with the DICT represents another significant step in LANDBANK’s digital transformation journey, leveraging on innovative partnerships and investing in digital solutions to deliver secure financial services and products to our customers,” said President Borromeo. From January to October 2022, LANDBANK’s major digital banking platforms have facilitated a total of 123.3 million transactions amounting to P4.8 trillion, translating to 14% and 156% year-on-year growths in volume and value, respectively. The LANDBANK Mobile Banking App (MBA) for retail customers recorded 97 million transactions amounting to P171.3 billion for 18% and 28% growth rates, respectively. The Bank’s corporate internet banking platform, the LANDBANK weAccess, facilitated 14.2 million transactions worth P3 trillion, representing an unprecedented 664% jump in value from the same period last year. The LANDBANK Electronic Modified Disbursement System (eMDS) for national government partners logged 1.9 million transactions with total value of P1.6 trillion, translating to increases of 17% and 20% in transactions and value, respectively. Meanwhile, the LANDBANK iAccess continued to post a 16% growth in transaction value amounting to P14.3 billion from 4.3 million transactions. The Bank’s web-based payment facility, the LANDBANK Link.BizPortal, likewise continued to record a 50% rise in transaction volume with 4.9 million transactions worth P9.8 billion. Lastly, the LANDBANK Bulk Crediting System (LBCS) facilitated transactions worth P18.9 billion for a significant 608% leap compared to the same period last year.
READ MORELANDBANK President and CEO Cecilia Cayosa Borromeo (5th from left) and Sarangani Governor Rogelio D. Pacquiao (4th from left) lead the signing of a P1-billion loan Term Sheet to fund the province's development projects on 19 January 2023 at the Grand Summit Hotel in General Santos City. They are joined by Vice Governor Dr. Elmer T. De Peralta (3rd from left) and Provincial Administrator Atty. Ryan Jay R. Ramos (2nd from left), together with LANDBANK Senior Vice Presidents Leila C. Martin (6th from left) and Ma. Celeste A. Burgos (rightmost), with Vice President Eden B. Japitana (leftmost). GENERAL SANTOS CITY, South Cotabato – The Land Bank of the Philippines (LANDBANK) has committed to provide the Provincial Government of Sarangani with P1-billion worth of loans to fund the province's various development projects. LANDBANK President and CEO Cecilia Cayosa Borromeo and Sarangani Governor Rogelio D. Pacquiao signed the term sheet for the proposed loan on 19 January 2023 at the Grand Summit Hotel in General Santos City. They were joined by Vice Governor Dr. Elmer T. De Peralta, Provincial Administrator Atty. Ryan Jay R. Ramos, together with LANDBANK Senior Vice Presidents Ma. Celeste A. Burgos, Leila C. Martin, Charlotte I. Conde, and Camilo C. Leyba, and Vice President Eden B. Japitana, among other Bank officers. “LANDBANK fully supports the vision for Sarangani Province to have a self-sustaining and globally competitive economy. Together, let us continue to explore more avenues for collaboration, in the service of your constituents, and the nation at large,” said President Borromeo. The loan was approved by the LANDBANK Board on 25 January 2023. Of the P1-billion loan, Sarangani eyes to allocate P500 million for the acquisition of several heavy equipment, P200 million for hospital and medical equipment, and P300 million for the establishment of the Provincial Agri-Fisheries Complex. "My heartfelt appreciation and gratitude to LANDBANK for gladly opening its doors, once again, to the Provincial LGU of Sarangani with its proposal to raise as much as P1 billion to fund the province's programs and projects," Governor Pacquiao said. The governor added that the funding support will "fuel the work of the Provincial LGU as we intensify our efforts in delivering more basic services to the people, as well as reach targeted goals for a more resilient, dynamic, and progressive Sarangani." Likewise, LANDBANK and the provincial local government of Sarangani signed a Memorandum of Understanding (MOU) for the use of LANDBANK’s electronic payment channel. Through the LANDBANK Link.BizPortal, Sarangani residents can now digitally pay for fees, dues, and charges to the provincial government in real-time and at their convenience with just a few clicks on their computers or mobile devices. The Provincial Government of Sarangani joins 1,136 government and private partner merchants nationwide that have been enrolled in the LinkBizPortal system, as of end-December 2022. From January to December 2022, the LANDBANK Link.BizPortal facilitated 5.8 million transactions with value of P11.6 billion, representing increases of 49% and 11%, respectively, year-on-year. LANDBANK is offering a menu of digital products and services to all local governments nationwide, in support of Executive Order 170 or the Adoption of Digital Payments for Government Disbursement and Collections. The LANDBANK Link.BizPortal is also in line with 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).
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 |
