(left) LANDBANK President and CEO Cecilia Cayosa Borromeo (3rd from left) and Surallah Mayor Pedro Matinong, Jr. (2nd from left) lead the ceremonial launching of the LANDBANK Link.BizPortal as an alternative payment channel of the Municipal Government of Surallah for the payment of local dues and fees online. (right) The two principals demonstrate the convenience of using the payment facility during the event launch on 20 January 2023 at the Surallah Municipal Hall. SURALLAH, South Cotabato – In line with digitalizing public services, the Municipal Government of Surallah has partnered with the Land Bank of the Philippines (LANDBANK) to provide its constituents with an online payment option to settle local government fees. Through the LANDBANK Link.Biz Portal, residents of the Municipal Government of Surallah can now conveniently pay fees and taxes online, eliminating the need to physically travel and queue at the Surallah Municipal Hall. LANDBANK President and CEO Cecilia Cayosa Borromeo and Surallah Mayor Pedro Matinong, Jr. led the ceremonial launching of the Link.BizPortal on 20 January 2023 at the Surallah Municipal Hall. They were joined by Municipal Administrator Rene G. Garcia along with LANDBANK Senior Vice Presidents Celeste A. Burgos, Leila C. Martin, and Charlotte I. Conde. “LANDBANK fully supports Surallah’s growth agenda in building quality infrastructure and in developing a bustling economic environment. We greatly appreciate the LGU for allowing us to be part of their digitalization journey to deliver convenient public services to its constituents,” said President Borromeo. Through a Memorandum of Agreement (MOA), the LANDBANK Link.BizPortal will facilitate for the Surallah LGU payments for regulatory fees, such as license and permit fees, as well as real property and business taxes. The Bank shall also ensure the online payment facility’s utmost security and report to the LGU the number and total amount of transactions or collections facilitated daily. “Nawa’y magamit natin ang teknoloyihang itong handog ng LANDBANK para mas mapabuti pa ang serbisyo ng LGU Surallah sa lahat ng ating mga mamamayan. Asahan po ninyo na kaisa ng LANDBANK and Surallah sa pagsulong ng mga teknolohiyang magpapagaan ng pamumuhay ng mga taga-Surallah,” said Mayor Matinong. LANDBANK is offering a menu of digital products and services to all local governments nationwide, in support of Executive Order No. 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 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 MOREAs it celebrates its 60th anniversary this year, the Land Bank of the Philippines (LANDBANK) has adopted new Vision and Mission statements to better reflect the Bank’s commitment to fulfilling its expanded mandate of serving the nation for the next six years. “LANDBANK is driven this year to take on a more prominent role at the forefront of nation-building. Leveraging on innovation, digitalization, and strategic partnerships, we are geared towards the enhanced delivery of accessible, responsive, and meaningful service to our diverse clientele,” said LANDBANK President and CEO Cecilia Cayosa Borromeo. LANDBANK envisions that by 2028, it “shall be at the forefront in nation-building through the promotion of financial inclusion, digital transformation, and sustainable development that benefits all Filipinos,” as the Bank aims “to provide responsive services beyond banking to all clients, publics and stakeholders.” The Bank is likewise focused on its mission to be “the leading universal bank with a government mandate that provides responsive services beyond banking to all clients, publics and stakeholders.” LANDBANK unveiled its new institutional Vision and Mission statements to the public on 14 February 2023, alongside the inauguration of the LANDBANK Leadership and Development Center in Intramuros, Manila, together with the launch of the Bank’s “Iskolar ng LANDBANK” scholarship program. 2023 Targets In support of the National Government’s programs on digital collections and disbursements, LANDBANK is targeting to onboard more local government units as merchants in eGov Pay and the Link.BizPortal, among its other digital channels. This includes growing the number of government and private merchants in the LANDBANK Link.BizPortal to over 1,600 merchants by end-2023. LANDBANK is also looking to grow its digital transactions by 60% in terms of both volume and value, driven by an aggressive expansion of its retail customer base. LANDBANK is also set to establish touchpoints in all 1,634 local government units (LGUs) nationwide, further solidifying its position as the biggest development partner for local and countryside development. The Bank’s network expansion will culminate in 2024 with the establishment of a LANDBANK touchpoint in every municipality in the country in the form of physical branches, Automated Teller Machines (ATMs), Agent Banking Partners (ABPs), Cash Deposit Machines (CDMs), or Point-of-Sale (POS) facilities. As the biggest lender to the agriculture sector, LANDBANK targets to increase the number of small farmers and fishers it has cumulatively assisted to 3.6 million in 2023, among other key players in the agri-business value chain. The state-run Bank is also determined to increase its net income by at least 16% to P35 billion, by optimizing resources, maximizing yields from earning assets, generating return from non-earning assets, and expanding trust banking and Bancassurance business. LANDBANK recorded a net income of P30.1 billion in 2022—the first time the Bank breached the P30 billion mark—for a robust 38.2% expansion from P21.7 billion in 2021. 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.
READ MOREThe six major digital banking channels of the Land Bank of the Philippines (LANDBANK) posted an unprecedented P5.6 trillion in terms of value in 2022—equivalent to a 126% growth year-on-year—as the Bank continues to ramp-up efforts toward digital and inclusive banking. The state-owned Bank facilitated a total of 155.8 million digital transactions for a 14% increase over the previous year, as more customers shift to using convenient, reliable, and safe digital banking solutions. “LANDBANK’s digital channels continue to service the growing customer demand for contactless financial transactions. We are driven to support our expanding retail customer base, to deliver convenient and responsive services to more customers nationwide,” said LANDBANK President and CEO Cecilia Cayosa Borromeo. The LANDBANK Mobile Banking App (MBA) facilitated the highest number of transactions among the channels at 123.6 million amounting to P227 billion, recording jumps of 19% in transactions and 32% in value from the previous year. Meanwhile, the Bank’s online retail banking channel, iAccess, posted a 15% rise in transactions value year-on-year to P17.7 billion. The LANDBANK Link.BizPortal facilitated 5.8 million transactions amounting to P11.6 billion, equivalent to 49% and 11% increases, respectively. The web-based payment facility also onboarded 314 new partners for a total of 1,136 merchants, of which 798 are from the public sector. For corporate clients, the LANDBANK weAccess yielded a significant leap of 540% in total value over the previous year, with P3.13 trillion in transactions. For national government agency partners, the Electronic-Modified Disbursement System (eMDS) facilitated 2.5 million or 15% more transactions, amounting to P2.1 trillion representing a 22% growth rate. The LANDBANK Bulk Credit System (LBCS) facilitated 1.8 million transactions amounting to P28.5 billion, for increases of 1,526% and 697%, respectively. For 2023, LANDBANK is looking to grow its digital transactions by at least 60% in terms of both volume and value. The Bank is also implementing an intensified communication campaign through its social media channels to help protect customers from phishing scams and other forms of online banking fraud. LANDBANK posts weekly #SafeModeMonday, #FraudFreeFriday and #ScamAlert featuring reminders and best practices on its social media channels, to regularly provide the public with tips on spotting cyberattacks, how to prevent different forms of phishing, and keeping online credentials confidential, among other online security measures.
READ MOREAs the deadline for the filing of income tax returns draws near, the Land Bank of the Philippines (LANDBANK) will be setting up accessible stations to help taxpayers settle their dues in an easy and convenient manner through LANDBANK’s online payment channels. In partnership with the Bureau of Internal Revenue (BIR), LANDBANK Hubs will be stationed within select Revenue District Offices (RDO) nationwide to facilitate online payments of Income Tax Returns (ITRs) during work days from April 1 to 17, 2023 at 8:00 AM to 5:00 PM. The LANDBANK Hubs aim to assist taxpayers to remit their taxes much easier online through the BIR’s Electronic Filing and Payment System (eFPS), and LANDBANK’s own e-Tax Payment System (eTPS) and Link.BizPortal channels. "Through these hubs, we hope to make the process of paying taxes more convenient and accessible for everyone. LANDBANK remains committed to supporting the BIR by helping taxpayers fulfill their obligations and contribute to nation-building," said LANDBANK President and CEO Cecilia Cayosa Borromeo. To accommodate more taxpayers, select LANDBANK branches nationwide will also extend regular banking hours from 3:00 PM to 5:00 PM and will be open on Saturdays from 8:30 AM to 3:00 PM to accept tax payments. The complete list of LANDBANK Hubs and branches that will be open for extended hours is available on LANDBANK’s official website (www.landbank.com) and social media accounts. The LANDBANK and BIR have been working hand in hand to boost digital tax collection and provide taxpayers efficient and convenient payment platforms. The Bank’s digital banking channels are in sync with the BIR’s tax filing facility, in line with the National Government’s Ease of Doing Business initiative. As of 31 December 2022, the LANDBANK eTPS and Link.BizPortal have facilitated a total of more than 1.2 million tax payment transactions with total value of P117.3 billion.
READ MORE(seated) Buguey Mayor Licerio M. Antiporda III (left) and LANDBANK Aparri Branch Head Bernard A. Evangelista (right) sign a partnership to offer the LANDBANK Link.BizPortal to residents for the convenient payment of local fees. Joining them (standing) are Municipal Treasurer Malena Unciano (leftmost), Municipal Accountant Marizel Talla (2nd from left), and LANDBANK Aparri Executive Assistant Nico S. Callangan (rightmost). BUGUEY, Cagayan – The Municipal Government of Buguey recently inked a partnership with the Land Bank of the Philippines (LANDBANK) to provide residents with a safe and convenient online payment platform for local government fees. Through the LANDBANK Link.BizPortal, residents from Buguey’s 30 barangays 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 signing of the Memorandum of Agreement was led by Buguey Mayor Licerio M. Antiporda III and LANDBANK Aparri Branch Head Bernard A. Evangelista at the Buguey Municipal Building. They were joined by Municipal Treasurer Malena Unciano, Municipal Accountant Marizel Talla, and LANDBANK Aparri Executive Assistant Nico S. Callangan. “We are grateful for the accessibility provided by LANDBANK, as the Link.BizPortal accepts online payments like property taxes for the LGU. The people of Buguey are really thankful to LANDBANK and its services,” said Mayor Antiporda. The Municipal Government of Buguey joins the new 65 government merchants, 47 of which are LGUs, that have been enrolled in the Link.BizPortal system within the first two months of 2023. As of February 2023, the LANDBANK Link.BizPortal already has a total 1,205 partner merchants nationwide composed of 863 government and 342 private partners. The digital platform has also facilitated over 1,500,000 transactions or 64% higher year-on-year with value of almost P2.1 billion. To further provide convenient digital banking services, the LANDBANK Aparri Branch also installed the first Point–of-Sale (POS) system at the Buguey LGU-owned Crab Hotel, to allow customers to transact using Debit and Credit cards. Meanwhile, the LANDBANK ATM previously at Barangay Pattao was relocated to Barangay Centro in front of the Buguey Municipal Building, to make it more accessible to local residents and nearby municipalities.
READ MOREDhaemyze Wong, a Grade 7 student from Poro, Cebu, opened a LANDBANK PISO account – her very first bank account – on 27 January 2023, with just P1.00 as initial deposit and one valid ID. PORO, Cebu – 74-year-old Jesus Abao Wong has always dreamed of teaching his granddaughter the value of saving for the future – a lasting legacy he hopes she will cherish someday. “I have always wanted to open an ATM savings account for my granddaughter and teach her how to save for her future,” he said. However, he was worried that his 12-year-old granddaughter, Dhaemyze, would have difficulty opening and managing her own bank account, especially in preparing and submitting the necessary documentary requirements. So when he learned about the PISO (Perang Inimpok Savings Option) account offered by the Land Bank of the Philippines (LANDBANK), he immediately accompanied Dhaemyze to the LANDBANK Camotes Branch and successfully opened her very first bank account, with just P1.00 as initial deposit and one valid identification card. “The process was as easy as 1-2-3. As soon as we entered the premises of LANDBANK, we were promptly assisted by the personnel who helped us throughout the application process,” Jesus excitedly shared. Launched in 2022, the LANDBANK PISO account is offered to individuals without existing deposit accounts and have no capacity to open a regular deposit savings account with higher maintaining balance and documentary requirements. With her LANDBANK PISO account, Dhaemyze can now securely keep her extra cash from her school allowance and savings, and more importantly, develop healthy financial habits at an early age with the guidance of her grandfather. “LANDBANK personnel have always been courteous and friendly. As a customer, I am confident that they will always be ready to assist the banking needs of my granddaughter anytime,” added Jesus. Banking the unbanked As of 31 March 2023, LANDBANK has opened close to 18,000 PISO accounts for unbanked and underserved Filipinos, including students, public utility vehicle drivers, vendors, household helpers, farmers, and fishers. This covers remote communities across the country, reaching as far as the municipalities of Basco, Batanes; Moalboal, Cebu; Mati, Davao Oriental, and Claver, Surigao del Norte, among other far-flung areas. With the LANDBANK PISO, accountholders can access the Bank’s menu of digital banking channels such as the iAccess, Link.BizPortal, and the Mobile Banking App for convenient 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. To open a LANDBANK PISO account, interested individuals only need to bring one peso and one valid ID or any Barangay certification/clearance for verification to the nearest LANDBANK Branch.
READ MOREThe Land Bank of the Philippines (LANDBANK) is ramping up its campaign of advancing convenient and efficient digital payments by onboarding 72 Local Government Units (LGUs) to its Link.BizPortal payment platform in the first three months of 2023. The LGUs onboarded among others were: the Provincial Governments of Nueva Vizcaya, Marinduque, and Guimaras; the City Governments of San Carlos (Pangasinan), Bacolod, Tanjay, Guihulngan, Sagay, Pagadian, Kidapawan; and 62 municipalities nationwide. Through LANDBANK’s digital payment platform, customers can skip long queues and save time by paying online for local government fees, dues, and charges. "LANDBANK is supporting local government partners to leverage on technology and deliver convenient and responsive public services. We are also encouraging customers to adopt digital payments towards building a cash-lite society,” said LANDBANK President and CEO Cecilia Cayosa Borromeo. 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. In total, LANDBANK has onboarded 100 new Link.BizPortal partner merchants this year, including State Universities and Colleges (SUCs); National Government Agencies (NGAs), water districts, and private merchants. The Link.BizPortal is LANDBANK’s web-based payment channel that allows clients to pay for products and services online to 1,236 government and private partner merchants nationwide. As of the first quarter of 2023, the LANDBANK Link.BizPortal has facilitated close to 2.2 million transactions, representing increases of 58% year-on-year. LANDBANK targets to onboard more government and private merchants to over 1,603 merchants by end-2023. 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 MOREHimamaylan City Treasurer Caroline Castro (left) and City Accountant Nolan Fortunado (right) use LANDBANK's WeAccess facility to conveniently manage the local government’s banking transactions online. HIMAMAYLAN CITY, Negros Occidental – The City Government of Himamaylan has lauded the Land Bank of the Philippines (LANDBANK) and its digital banking platforms for providing meaningful support to the City’s delivery of essential public services. Himamaylan City Mayor Rogelio Raymund Tongson, Jr. cited the ease provided by the Bank in facilitating financial transactions between the LGU and its constituents, which began prior to the onset of the global health pandemic. “LANDBANK’s convenient, reliable, and efficient services have unintentionally prepared the LGU with the impacts of the COVID-19 pandemic, which posed multiple inconveniences and limitations to the day-to-day operations of the city. Since its partnership with LANDBANK, the city has faced less issues concerning security, accuracy, and time management,” said Mayor Tongson. As of the first quarter of 2023, the LANDBANK Link.BizPortal has facilitated close to 2.2 million transactions, representing increases of 58% year-on-year. LANDBANK targets to onboard more government and private merchants to over 1,603 merchants by end-2023. 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 MOREThe Land Bank of the Philippines (LANDBANK) posted a 30% growth in value for its major digital banking platforms in the first quarter of 2023 compared to the same period last year. The increase to 735.95 billion from the previous year’s P567.6 billion was facilitated by a total of 41.2 million transactions representing a 5% rise year-on-year via the LANDBANK Mobile Banking App (MBA), weAccess, Electronic Modified Disbursement System (eMDS), Link.BizPortal, iAccess, and the LANDBANK Bulk Crediting System (LBCS). "The growing adoption and utilization of our digital channels is a testament to LANDBANK’s steadfast commitment to provide safe and convenient banking services. We remain focused on investing in our digital infrastructure to meet the evolving and diverse needs of our customers," said LANDBANK President and CEO Cecilia Cayosa Borromeo. The LANDBANK Link.BizPortal, the Bank’s web-based payment channel, facilitated 2.18 million transactions which translate to a 58% climb amounting to P3.0 billion in value. Both the LANDBANK weAccess and iAccess recorded value increases of 39% and 2%, amounting to P199.38 billion and P4.6 billion, respectively. The LANDBANK MBA’s facilitated value also went up by 31% to P61.79 billion with an 8% jump in total transactions of 32.2 million. The LBCS saw the biggest increase in value at 1,402% amounting to P19.7 billion from 1.8 million recorded transactions. The Bank's eMDS platform likewise experienced significant growth in value by 22% to P447.5 billion from a total of 597,496 transactions, which is equivalent to about 85% of all disbursements of the National Government in the first three months of the year. Meanwhile, a total of 4 million accounts have been opened via the LANDBANK Digital Onboarding System (DOBS) since 2018, which include accounts opened for clients of the Overseas Filipino Bank (OFBank), the official digital bank of the Philippine government and a subsidiary of LANDBANK. LANDBANK's continuing digital innovations has enabled it to provide convenient and accessible banking services to more Filipinos, in line with its thrust of advancing financial inclusion in the country.
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 |
