The Land Bank of the Philippines (LANDBANK) is ramping up its digital transformation efforts this year to streamline operations and deliver top-notch customer experience. Since assuming leadership in May 2023, LANDBANK President and CEO Lynette V. Ortiz has prioritized the adoption of new technologies across the Bank’s operations to elevate customer convenience and accessibility to financial services. “We are heavily investing in enhancing our digital infrastructure to ensure seamless service delivery across our online banking channels and traditional touchpoints. Our priority remains steadfast in delivering solutions and exceptional service to our valued customers,” said President and CEO Ortiz. This year, LANDBANK aims to reduce over-the-counter transactions in its branches by encouraging customers to maximize the Bank’s digital banking channels. These include the LANDBANK Mobile Banking App, the iAccess online retail banking channel, and the Link.BizPortal web-based payment channel for retail clients. The Bank targets to onboard additional government agencies, local government units (LGUs), private merchants, and other qualified institutions as billers in its digital channels, enabling more customers to make direct online payments. LANDBANK is also poised to intensify its marketing efforts to encourage wider digitalization adoption among institutional clients. Digital solutions include the eMDS internet facility for national government partners, the LBCS electronic bulk disbursement facility, and the weAccess corporate internet banking platform. As part of LANDBANK’s phygital strategy, selected branches across the country will implement an automated queuing management system with a teller interface to further cut processing time for over-the-counter transactions. The next phase of this project will allow customers to set appointments via an online pre-booking facility before visiting the branch. LANDBANK has been implementing since 2018 the Digital Onboarding System (DOBS), which has helped simplify the account enrolment process and reduced the account opening time of customers from 45 minutes to 15 minutes or less. Starting April of this year, interested customers may also open a LANDBANK account without visiting a branch through the new straight-through account opening feature of the LANDBANK Mobile Banking App. This will provide customers instant access to the Bank’s digital services, such as fund transfers, bills payment, e-commerce transactions, and cardless withdrawals. For LANDBANK loan availers, the state-run Bank will likewise introduce innovative online lending platforms that will cater to LGUs and Micro, Small, and Medium Enterprises (MSMEs). These platforms will allow borrowers to apply for loans anytime, anywhere and enjoy a more streamlined loan process. LANDBANK assures its clients that it will continue to invest in both technological solutions and human resources to proactively secure its systems and infrastructure. “Ensuring data security and privacy is likewise a top priority for us at LANDBANK. We are implementing multi-layered security controls in our systems to provide safe and frictionless solutions for our customers,” said President and CEO Ortiz. The Bank continues to remind and educate clients on cybersecurity best practices by consistently sharing security and anti-fraud tips on its social media channels. These include the “Cyber Sigurista” campaign that utilizes various hashtags like #SafeModeMonday, #FraudFreeFriday, and #ScamAlert to raise awareness about emerging online scams and other fraudulent activities. ABOUT LANDBANK LANDBANK is the largest development financial institution in the country promoting financial inclusion, digital transformation and sustainable development to benefit Filipinos. It is committed to provide responsive and meaningful services beyond banking, while leveraging on innovative technology for safe, convenient, and accessible digital banking solutions.
READ MOREAs part of its commitment to provide uninterrupted access to essential banking services, all digital channels of the Land Bank of the Philippines (LANDBANK) will remain up and running throughout the upcoming Holy Week. The Bank's clients can perform banking transactions during the four-day long weekend using the LANDBANK Mobile Banking App (MBA) and the Bank’s online retail banking platform, the iAccess. Other LANDBANK digital platforms will also remain available, including the LANDBANK Link.BizPortal for online payments, WeAccess for institutional clients, and the Electronic Tax Payment System (eTPS) for tax payments. Fund transfers from and to LANDBANK and Overseas Filipino Bank (OFBank) accounts, regardless of amount, remain free of charge via LANDBANK MBA and iAccess. The Bank also continues to waive fees for online fund transfers worth P1,000 and below to other banks via InstaPay and PESONet for the first three transactions in a day. Meanwhile, in observance of the Holy Week, all LANDBANK branches nationwide will be closed from March 28 (Maundy Thursday) to March 31 (Easter Sunday), with operations resuming on Monday, 1 April 2024. To service cash requirements, LANDBANK assures its clients of sufficient cash availability in all of the Bank's ATMs throughout the long weekend. As of February 2024, LANDBANK has a total of 3,101 ATMs, complemented by 3,095 ATMs in partner 7-11 convenience stores nationwide. While prioritizing accessibility and convenience, LANDBANK is also reminding clients to stay vigilant against scams and security threats, by not clicking links from dubious sources and unknown senders. The Bank also encourages clients to remain cautious and proactive in safeguarding their username or log-in ID, password, OTP and other account information. Clients are advised to access the official LANDBANK iAccess site via the official LANDBANK website (https://www.landbank.com) or typing the correct URL in their browser (https://www.lbpiaccess.com), and avoid accessing the platform through search engines, such as Google. For more cybersecurity tips and updates, please visit and subscribe to LANDBANK's official social media pages @LANDBANKOfficial. ABOUT LANDBANK LANDBANK is the largest development financial institution in the country promoting financial inclusion, digital transformation and sustainable development to benefit Filipinos. It is committed to provide responsive and meaningful services beyond banking, while leveraging on innovative technology for safe, convenient, and accessible digital banking solutions.
READ MOREDemand among Filipino retail investors to utilize digital investment platforms is growing, as the Land Bank of the Philippines (LANDBANK) sold significantly more online placements in the recently concluded Retail Treasury Bonds Tranche 30 (RTB-30) issuance of the National Government. The Bank sold close to half a billion or P438 million worth of RTB-30 investments through its online channels, which is almost three fold of what it sold in the last RTB-29 offering in 2023. LANDBANK’s online sales represent two-thirds of the total RTB-30 online sales worth P664 million. “The significant increase in online placements for RTB-30 reflects the growing confidence of retail investors in using our digital solutions. LANDBANK will remain committed to providing Filipinos with secure and convenient ways to participate in the financial market and contribute to nation-building,” said LANDBANK President and CEO Lynette V. Ortiz. The RTB-30 digital placements worth P438 million were sold through the LANDBANK Mobile Banking App and the mobile banking app of the Overseas Filipino Bank (OFBank)—the official digital bank of the Philippine government and a subsidiary of LANDBANK. The RTB-30 was also sold through the LANDBANK Link.BizPortal, a web-based payment channel, via the Online Ordering Facility of the Bureau of the Treasury (BTr). The National Government raised a total of P585 billion for the RTB-30 issuance making it the largest domestic fund-raising issue to date. As Lead Issue Manager, LANDBANK sold and contributed almost 30% of total sales. RTB-30 offers a very attractive investment return with a coupon rate of 6.25% per annum, with a minimum placement of P5,000. Interest payments will be paid quarterly within a five-year term. LANDBANK is one of the Joint Lead Issue Managers of RTB-30, designed to raise funds in support of the National Government’s sustainable and inclusive development agenda. The proceeds of the issuance will be used for enhancing the country’s infrastructure, strengthening the agriculture and other essential sectors, and improving the healthcare system, among other national development priorities. ABOUT LANDBANK LANDBANK is the largest development financial institution in the country promoting financial inclusion, digital transformation and sustainable development to benefit Filipinos. It is committed to supporting the National Government’s fundraising initiatives to boost public resources for the country’s development plans and programs.
READ MORECustomers can now open a Land Bank of the Philippines (LANDBANK) savings account completely online via smartphones, as the Bank continues to serve the growing preference of customers for digital solutions and promote financial inclusion. LANDBANK has upgraded its Mobile Banking App (MBA) with a new straight-through account opening feature which allows customers to open a digital account instantly from anywhere, at any time, without visiting a LANDBANK Branch. Through the MBA, customers can open a LANDBANK PISO Plus basic deposit account, a regular LANDBANK Visa debit account, and the new GoBayani savings account designed for overseas Filipinos, to help build their savings and start their financial journey. To open a LANDBANK account, interested clients need only their smartphones downloaded with the latest version of the LANDBANK MBA, a secure internet connection, and any valid identification card such as a Philippine Passport, Driver’s License, SSS, UMID, PRC ID, or PhilSys ID. "We are dedicated to continue expanding our digital offerings to bring more Filipinos into the financial mainstream. Opening a LANDBANK account has never been easier, and we hope more customers can get to experience the benefits of our convenient and secure banking services," said LANDBANK President and CEO Lynette V. Ortiz. The LANDBANK MBA is a free application that offers seamless and convenient online fund transfers, bills payments, balance inquiries, and salary loan services. Using the MBA, LANDBANK customers also enjoy free fund transfers to other banks via InstaPay and PESONet for the first three transactions in a day worth P1,000 and below. Q1 2024 Digital Banking Performance The LANDBANK MBA recorded a remarkable 96% increase in usage during the first three months of 2024, as transactions soared to 20.9 million from 10.7 million recorded in the same period in 2023. Fund transfers and bills payment transactions drove the transaction volume growth, as the MBA generated a 42% increase in total transaction value or P89.3 billion compared to P63 billion last year. The LANDBANK MBA also led the 63% growth or a total of 30.79 million transactions across all of the Bank’s major digital channels, reaching P1.95 trillion in total transaction value. The state-run Bank’s other digital channels include iAccess, an online retail banking channel; corporate internet banking platform, weAccess; web-based payment channel, Link.BizPortal; real-time web-based remittance system for overseas Filipinos, i-Easy Padala; alternative payment channel, Electronic Tax Payment System (eTPS); facility for institutional clients and national government partners, Electronic Modified Disbursement System (eMDS); and electronic bulk disbursement facility, Bulk Crediting System (LBCS). LANDBANK remains committed to enhancing its digital infrastructure to deliver seamless banking experiences and meet the evolving needs of customers. ABOUT LANDBANK LANDBANK is the largest development financial institution in the country promoting financial inclusion, digital transformation and sustainable development to benefit Filipinos. The Bank is present in all 82 provinces in the country, committed to providing accessible and affordable financial support to key players and industries as part of its broader thrust of serving the nation.
READ MORELANDBANK and PAFCPIC sign a P10-billion loan line to support the financial needs of AFP personnel and their families. Leading the ceremony are LANDBANK President and CEO Lynette V. Ortiz (2nd from right), PAFCPIC Chairman BGen. Francisco M. Paredes (Ret) (3rd from right), LANDBANK Executive Vice President Ma. Celeste A. Burgos (rightmost), and PAFCPIC President BGen. Fernando S. Zabat (Ret) (leftmost). Land Bank of the Philippines (LANDBANK) has extended a P10-billion rediscounting line to support the Philippine Army Finance Center Producers Integrated Cooperative (PAFCPIC) and its members serving in the Armed Forces of the Philippines (AFP). The state-run Bank expanded the Cooperative’s previous P8 billion credit line to P10 billion to sufficiently augment working capital and enable PAFCPIC to better serve the financial requirements of its more than 190,000 members. PAFCPIC's membership consists of active and retired military and civilian personnel from the Philippine Army, Philippine Navy, and Philippine Air Force, as well as their immediate dependents. The ceremonial loan signing event was led by LANDBANK President and CEO Lynette V. Ortiz and PAFCPIC Chairman BGen. Francisco M. Paredes (Ret), alongside LANDBANK Executive Vice President Ma. Celeste Burgos and PAFCPIC President BGen. Fernando S. Zabat (Ret) on 29 May 2024 at the LANDBANK Plaza in Manila. Also present as witnesses were LANDBANK Senior Vice President Lucila E. Tesorero and Vice President Leonardo D. Aurellana Jr., with PAFCPIC Vice President MGen. Rolando V. Picar (Ret) and Executive Vice President BGen. Anastacio C. Cabading. "By boosting your financial resources and upgrading your operational efficiency through our digital solutions, we look to further improve your service delivery to your members and the entire armed forces community," said LANDBANK President and CEO Ortiz. Apart from the financial assistance, LANDBANK likewise pledged to support PAFCPIC's digitalization efforts by onboarding the Cooperative to the Bank’s web-based payment platform, Link.BizPortal, which will streamline the collection of payments for its members’ capital contributions, deposits, and loans, thereby enhancing their operational efficiency. “This milestone is a manifestation of almost three decades of business collaboration between PAFCPIC and LANDBANK, nurtured and nourished with trust and confidence. We are grateful for LANDBANK's unwavering support, which has been instrumental in enabling us to better serve our members and their families,” said PAFCPIC Chairman Paredes. LANDBANK conferred PAFCPIC with the Distinguished Initiators and Movers of National Development (DIAMOND) Award last year, for the co-op’s contributions to promoting countryside and national development. The LANDBANK DIAMOND Award honors exceptional Bank clients, fund management and digital banking partners that have made positive change in the communities they serve. LANDBANK remains committed to providing robust financial solutions to cooperatives and its members nationwide towards promoting countryside to countrywide development. ABOUT LANDBANK LANDBANK is the largest development financial institution in the country promoting financial inclusion, digital transformation and sustainable development to benefit Filipinos. As the only Bank present in all 82 provinces in the county, it is committed to providing accessible and affordable financial support to key players and industries as part of its broader thrust of serving the nation.
READ MOREACTIVATE AND PAY RAFFLE PROMO MECHANICS To qualify for the raffle draw: 1. Enroll your LANDBANK account in the LANDBANK iAccess or Mobile Banking App (MBA). 2. Pay your bills for a minimum amount of ₱100 using iAccess, MBA, or Link.BizPortal during the promo period. Eligibility Criteria: Participants must be newly enrolled in the LANDBANK iAccess/MBA and must pay bills using iAccess, MBA, or LinkBizPortal with a minimum payment of P100.00 during the promo period. Promo Period: June 1 to August 31, 2024 Raffle Prize: P5,000.00 each for twenty-five (25) monthly winners Eligible Accounts: All newly enrolled iAccess/MBA accounts (Savings, Checking, and Current Accounts) Schedule of Raffle Draw Promo Period Raffle Draw Date June 1-30, 2024 July 11, 2024 July 1-31, 2024 August 13, 2024 August 1-31, 2024 September 12, 2024 Venue: LANDBANK Plaza Prize Redemption: The twenty-five monthly raffle draw winners will each receive the ₱5,000 cash prize to be credited in their respective LANDBANK accounts within 2 to 3 banking days after the raffle draw. Redemption of prizes is valid for 60 days upon receipt of notification. Control Measures: • LANDBANK Internal Audit and DTI representatives will be invited to check, test & validate the computer system, and witness the following activities: o Loading of raffle entries in the electronic raffle program; o Generation of raffle winners • Each bill payment transaction earns one raffle entry with the Transaction Reference Number acting as the raffle ticket. • A copy of the winners shall be signed by the DTI representative, along with a copy of the list of winners. • Winners will be informed via registered mail and email or SMS. Other Terms: • The account must remain open and active. • Participants are eligible to win only once per monthly draw. • Non-winning entries are carried over to the next draw. • Clients whose LANDBANK accounts were enrolled in the iAccess and MBA before June 1, 2024 are disqualified. • Members of the promotional campaign committee are not eligible to participate. • The following data will be collected for the raffle entries: (1) transaction reference numbers; and (2) account names. The qualified entries for the period shall be generated and extracted from the LANDBANK system for the covered period. This will be loaded in the LANDBANK e-Raffle System
READ MORELand Bank of the Philippines (LANDBANK) has announced the availability of immediate financial assistance to businesses and individuals affected by Typhoon Kristine, reinforcing its commitment to helping rebuild communities and restore economic activity in hardly hit areas. Under the LANDBANK CARES Plus (Community Assistance and REintegration Support Plus) Lending Program, various sectors—including farmers, fishers, cooperatives, micro, small, and medium enterprises (MSMEs), large corporations, and electric distribution utilities—can access financial aid to rebuild, restore operations, and recover from disaster-related losses. “LANDBANK stands ready to provide accessible, responsive, and immediate financial assistance to sectors severely impacted by the typhoon. We are fully committed to doing our part in helping our kababayans and communities recover from this adversity while accelerating recovery efforts,” said LANDBANK President and CEO Lynette V. Ortiz. Eligible borrowers can use the loans to cover essential expenses, such as working capital, capital expenditures, and the repair or acquisition of disaster-damaged equipment, facilities and structures. Electric distribution utilities may also avail of short-term working capital to address increased generation and distribution costs following the typhoon. LANDBANK also offers the “EasyCash for Emergencies” feature for LANDBANK credit cardholders, allowing them to convert their available credit limits into emergency cash with flexible repayment options of up to 36 months. Eligible cardholders will receive an SMS and email from LANDBANK confirming their eligibility for the credit limit conversion. Customers with available credit limit may also reach out to the Bank to request for cash conversion. The funds will be credited to their LANDBANK deposit account upon validation of their application. For employees of government agencies and companies with LANDBANK payroll services, the Electronic Salary Loan (eSL) offers quick access to funds. Eligible borrowers may apply for the eSL by contacting their HR Department or visiting their LANDBANK servicing branch. Existing eSL borrowers may also apply for early renewal if they have completed at least one month of paid amortization. LANDBANK is waiving the servicing fee for eSL applications from 28 October to 31 December 2024. LANDBANK also encourages its customers to maximize the use of its digital banking channels, such as the LANDBANK MBA, iAccess, weAccess, Link.BizPortal, and Electronic Modified Disbursement System (eMDS), to safely complete banking transactions. ABOUT LANDBANK LANDBANK is the largest development financial institution in the Philippines promoting financial inclusion, digital transformation, and sustainable national development. Present in all 82 provinces in the country, the Bank is committed to provide accessible and responsive financial solutions to empower Filipinos from countryside to countrywide.
READ MOREPAMASKONG HANDOG e-RAFFLE PROMO Pay via Link.BizPortal, POS terminal, or e-commerce platforms using your LANDBANK Visa Debit Card Each bill payment earns you one (1) raffle entry MONTHLY RAFFLE DRAWS: Promo Period: December 1-31, 2024 Raffle Prize: P5,000 (25 winners) Draw Date: January 14, 2025 Promo Period: January 1-31, 2025 Raffle Prize: P5,000 (25 winners) Draw Date: February 14, 2025 GRAND RAFFLE DRAW: Promo Period: December 1-31, 2024 to January 1-31, 2025 Raffle Prizes: - Grand: P100,000 - Second: P60,000 - Third: P25,000 PRIZE REDEMPTION Winners will be selected through an electronic raffle and notified through SMS, email, and registered mail. Winners’ names will be posted on LANDBANK’s official social media channels. Twenty-five (25) winners of P5,000 each will be chosen in the monthly draw. Three (3) winners will be chosen in the grand draw: - 1st Prize: P100,000 - 2nd Prize: P60,000 - 3rd Prize: P25,000 Cash prizes will be credited to the winners’ respective LANDBANK accounts within 2-3 banking days following the raffle draw. Each valid payment transaction made via Link.BizPortal, POS, or e-commerce platforms received before the cut-off will automatically be entered into the raffle pool for the monthly draw. Participants are eligible to win only once per draw. Monthly winners are eligible to participate in the grand draw. SELECTION PROCESS Qualified account holders who complete payment transactions will earn one (1) raffle entry for each transaction made. The promotion follows a “one transaction, one raffle entry system”, with no limit to the number of entries an account holder can accumulate. Transaction reference numbers generated through the Link.BizPortal, POS terminal, and e-commerce platforms will automatically serve as the participants’ raffle entries. Winners will be selected randomly through an automated e-raffle draw, with each draw based on the participants’ unique Transaction Reference Numbers, Account Number, and Account Name. The monthly cut-off shall be on the last day of the month. Participants are eligible to win only once per draw. All raffle entries during the promo will remain eligible for the grand raffle draw scheduled on February 14, 2025. A DTI Representative is invited to supervised the promo. The raffle draw will be held at LANDBANK Plaza, Malate, Manila The names of the raffle winners will be posted on the LANDBANK’s official social media channels. LANDBANK Employees, including relatives up tp 2nd degree of consanguinity or affinity, are disqualified to join. OTHER TERMS The deposit account of the winner must be active and not closed during the promo period until the cash prize is credited to their account. The Bank will cover all applicable taxes for the grand raffle draw winners.
READ MOREPROMO MECHANICS ACTIVATE AND PAY RAFFLE PROMO 1. Promo period is from March 1-May 31, 2025 2. Eligibility: Existing LANDBANK account holders Savings and Current Accounts 3. Non-eligibility: LANDBANK employees, promo organizers, and their relatives (up to the 2nd degree) LANDBANK accounts opened on or after March 1, 2025 onwards 4. Clients must perform the following: Enroll their account in the iAccess/MBA; and Pay bills in the MBA or Link.BizPortal amounting to at least PHP 100.00 within the promo period. 5. Raffle draw will be held in the presence of a DTI representative, with the following schedule: Promo Period Raffle Draw Date March 1-31, 2025 April 11, 2025 April 1-30, 2025 May 14, 2025 May 1-31, 2025 June 13, 2025 6. Each bill payment transaction earns one raffle entry with the Transaction Reference Number acting as the raffle ticket. 7. The fifteen (15) monthly raffle draw winners will each receive the ₱5,000 cash prize to be credited to their respective LANDBANK accounts within 2 to 3 banking days after the raffle draw. 8. The names of the raffle winners will be posted on LANDBANK’s official social media channels subject to the consent of the client 9. Announcement of winners will be via SMS. 10. Participants are eligible to win only once per monthly draw.
READ MOREWith the income tax filing deadline fast approaching, LANDBANK is urging taxpayers to utilize its digital banking channels for fast, secure, and convenient tax payments. Individuals and companies enrolled in the Bureau of Internal Revenue’s (BIR) Electronic Filing and Payment System (eFPS) can settle their tax dues seamlessly through the LANDBANK Electronic Tax Payment System (eTPS). For individuals and other businesses not eligible to pay via eTPS, taxes can still be paid electronically through the LANDBANK Link.BizPortal, the Bank’s web-based payment channel. Taxpayers simply need to access the platform, select “BUREAU OF INTERNAL REVENUE” from the merchant list, choose the appropriate form type and tax type, and proceed with the payment transaction. “LANDBANK is committed to making tax compliance easier and more efficient for every Filipino. By offering accessible digital payment solutions, we aim to streamline the tax payment process and empower individuals and businesses to contribute to nation-building. We are one with the BIR in fostering a more efficient, transparent, and inclusive tax system for all,” said LANDBANK President and CEO Lynette V. Ortiz. To further accommodate taxpayers, select LANDBANK branches will have extended banking hours from 3:00 PM to 5:00 PM, from April 1 to 15, to accept tax payments over the counter. ABOUT LANDBANK LANDBANK is the largest development financial institution in the country promoting financial inclusion, digital transformation, and sustainable national development. Present in all 82 provinces in the county, the Bank is committed to provide accessible and responsive financial solutions to empower Filipinos from countryside to countrywide.
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 |