Department of Agriculture Secretary William D. Dar (3rd from left), LANDBANK President and CEO Cecilia C. Borromeo (2nd from left), and CPFP Vice Chairman Sakol Cheewakoset (4th from left) lead the Memorandum of Agreement signing on 18 February 2022 at the CPFP Aqua Feeds Plant in Samal, Bataan to support hog, poultry, and aqua players expand their business, and help ensure food security. State-run Land Bank of the Philippines (LANDBANK) has joined hands with agro-industrial company Charoen Pokphand Foods Philippines (CPFP) Corporation to support hog, poultry, and aqua raisers expand their business operations. LANDBANK will provide financing support to CPFP’s clustered farmer-fisher groups; cooperatives; micro, small, and medium enterprises (MSMEs); and other agri-enterprises for the acquisition and construction of bio-secured buildings and other production facilities to boost their production. The partnership was formalized through a Memorandum of Agreement (MOA) signed by LANDBANK President and CEO Cecilia C. Borromeo and CPFP Vice Chairman Sakol Cheewakoset, and witnessed by Agriculture Secretary William D. Dar, on 18 February 2022 at the CPFP Aqua Feeds Plant in Samal, Bataan. “We welcome this partnership to advance the competitiveness of swine, poultry, and aqua industry players nationwide. LANDBANK will continue to provide appropriate financing support to meet the growing domestic demand of the agriculture sector towards food security and job generation,” said President Borromeo. The Bank will also extend credit assistance for capital expenditures and working capital to CPFP-endorsed borrowers interested to franchise meat shops and roasted and fried chicken stations. The collaboration is also in line with LANDBANK’s continuing contribution to building a stronger and more resilient hog industry, which has been constrained by the African Swine Fever (ASF) outbreak. As of 31 December 2021, LANDBANK has approved P2.36 billion in loans for the benefit of 11 MSMEs and eight large corporations under the SWINE (Special Window and Interim Support to Nurture Hog Enterprises) Lending Program. Launched in partnership with the Department of Agriculture, the SWINE Lending Program aims to assist hog raisers in sustaining and increasing their pork production amid threats from ASF outbreak. The program has also been recently expanded to include clustered backyard hog raisers as well as those on semi-commercial operation as eligible borrowers. LANDBANK has also approved a total of P19.5 billion in loans for 296 borrowers engaged in various hog-related projects under the Bank's regular lending window.
READ MOREMore 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 merger between state-run Land Bank of the Philippines (LANDBANK) and United Coconut Planters Bank (UCPB) takes effect on 01 March 2022, envisioned to provide a more robust support to the country’s agriculture sector for inclusive rural development. Both LANDBANK and UCPB customers will have access to a combined network of 677 branches and branch-lite units, 2,800 automated teller machines (ATMs), and 228 cash deposit machines (CDMs) nationwide as of February 23, as well as benefit from a wider range of innovative products and services. As the surviving entity, LANDBANK’s total assets will increase to P2.9 trillion, further solidifying its ranking as the second-largest bank in the country in terms of assets. More importantly, the increased financial muscle will significantly grow the Bank’s loan portfolio directed at servicing the whole agriculture sector alongside key development industries. “LANDBANK’s union with UCPB advances the government’s development agenda to support the agriculture sector through a stronger, more resilient and unified banking institution. The merger places us in a better position to reach and service more farmers, fishers and other players in the agribusiness value chain nationwide,” said LANDBANK President and CEO Cecilia C. Borromeo. Customers are assured that the services of both LANDBANK and UCPB will continue to be unhampered, with deposits remaining intact and secured in their respective servicing branches. All UCPB branches will continue to operate and serve UCPB customers until the systems integration and accounts migration to LANDBANK are completed. The majority of UCPB branches will be converted as LANDBANK branches and will be announced regularly to the public. Existing service fees will still apply for cash withdrawals of UCPB cardholders at LANDBANK ATMs until all accounts are converted or migrated to LANDBANK that comes with new ATM cards. The merger between LANDBANK and UCPB is pursuant to Executive Order No. 142 signed by President Rodrigo Duterte on 25 June 2021, which approved the merger to form a better capitalized and more resilient institution that will play a principal role in the National Government’s development and financial inclusion agenda.
READ MORELANDBANK President and CEO Cecilia C. Borromeo (left) and TESDA Director-General Secretary Isidro S. Lapeña (right) lead the virtual signing of a Memorandum of Agreement for the LANDBANK-TESDA partnership program that aims to provide credit assistance to Technical Vocational Education and Training (TVET) graduates. The Land Bank of the Philippines (LANDBANK) and the Technical Education and Skills Development Authority (TESDA) renewed their partnership program to finance the livelihood needs of Technical Vocational Education and Training (TVET) graduates. Initiated in 2019, the LANDBANK-TESDA partnership program was extended through a virtual signing of a Memorandum of Agreement (MOA) led by TESDA Director-General Secretary Isidro S. Lapeña and LANDBANK President and CEO Cecilia C. Borromeo on 15 February 2022. “LANDBANK is fully committed to support TESDA graduates in taking the next steps in their employment journey by extending available credit facilities to help them establish their businesses,” said President Borromeo. Under the Agreement, LANDBANK will offer credit assistance to eligible and TESDA-endorsed TVET graduates, Trainees’ Associations, and Trainees’ Cooperatives for their livelihood and business endeavors. “I have no doubt that through this partnership, we shall be producing more entrepreneurs and creating more jobs, which shall ultimately lead to a revived economy,” said Secretary Lapeña. The partnership program is part of LANDBANK’s thrust to generate more employment opportunities to spur the nation’s ongoing economic resurgence. The collaboration will likewise facilitate capacity-building trainings to identified beneficiaries to improve their entrepreneurial skills and business competency, especially under the new normal.
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) has recorded a total of 2.12 million accounts opened online through its award-winning Digital Onboarding System (DOBS) as of end-December 2021, driven by the continued rise in demand for safer digital banking services. “This new DOBS milestone underscores LANDBANK’s steadfast commitment to deliver accessible and innovative digital solutions as we respond to the changing times. This is also a testament to the Bank’s dedication to balance service delivery while ensuring the health and safety of our customers,” said LANDBANK President and CEO Cecilia C. Borromeo. Since its launch in November 2018, the LANDBANK DOBS has helped simplify the account enrolment process and reduced the account opening time of customers from 45 minutes to just 10-15 minutes. LANDBANK also launched last year the DOBS Mobile as a feature of its Mobile Banking App (MBA), which allows customers to open a LANDBANK savings account using their mobile phone without the need to go to a LANDBANK branch. Accounts opened through DOBS are automatically enrolled in LANDBANK’s array of e-banking channels, such as the LANDBANK iAccess and Mobile Banking App that facilitate simple digital banking transactions. LANDBANK account holders can also update their information as well as open a payroll account through the DOBS. The LANDBANK DOBS was cited as a pioneering web application among universal banks in the Philippines. It was awarded with a Merit Award for Technology Development by the Association of Development Financing Institutions in Asia and the Pacific (ADFIAP) Development Awards. The DOBS is accessible through LANDBANK’s official website (www.landbank.com) or through the Digital Corner of selected LANDBANK branches dedicated for walk-in clients, while the DOBS Mobile can be accessed through the LANDBANK MBA.
READ MORELand Bank of the Philippines (LANDBANK) joins the Philippine Commission on Women (PCW) in celebrating National Women's Month 2022 this March. This year's theme, "Agenda ng Kababaihan, Tungo sa Kaunlaran," focuses on bringing the country closer to narrowing the gender gaps and moving towards sustainable and equitable development. #ServingTheNation #BankingOnTheFilipinoSpirit #NWM2022
READ MORELand Bank of the Philippines was awarded with Best Fixed Income Deal (Small-Mid Cap) Award & Best Project Finance Deal Award (Large Cap) by the Investment House Association of the Philippines for the Bank's BALAI Bonds 1 and AAIPC Syndicated Corporate Notes Facility, respectively.
READ MORELand Bank of the Philippines was awarded with Best Lending Platform – Philippines 2021 by theInternational Finance Awards for the Bank's lending programs that help alleviate the impact of the COVID-19 pandemic.
READ MORELand Bank of the Philippines was awarded with Outstanding Development Project Awards in 2021, under the Category 7-Local Economic Development by the Association of Development Financing Institutions in Asia and the Pacific for the Bank's RISE UP & I-RESCUE Lending Programs.
READ MOREAs of Tue, April 29, 2025
| Buying | Selling | |
|---|---|---|
| USD | 56.15 | 56.65 |
| JPY | 0.384503 | 0.399342 |
| EUR | 62.734299 | 65.163993 |
| GBP | 73.505595 | 76.352462 |
| HKD | 7.193121 | 7.729313 |
As of Mon, April 28, 2025
| UITF | NAVPU |
|---|---|
| Cash Management Fund | 1.558065 |
| Money Market Fund | 1.311204 |
| Money Market Plus Fund | 1.223605 |
| PERA Money Market Fund | 1.024015 |
| Medium-Term Bond Fund | 2.471787 |
| Bond Fund | 2.022874 |
| PERA Bond Fund | 1.198546 |
| Balanced Fund | 2.606916 |
| Growth Fund | 2.583822 |
| Alpha Equity Fund | 3.00714 |
| Blue Chip Equity Fund | 0.961723 |
| Equity Fund | 0.7838 |
| High Dividend Equity Fund | 1.005401 |
| US$ Money Market Fund | 1.432307 |
| Global $ Fund | 1.527551 |
