(clockwise from upper left) Department of Agrarian Reform (DAR) Bureau of Agrarian Reform Beneficiaries Development (BARBD) Director Dr. Ronald M. Gareza, CESO IV and LANDBANK Program Management Department I Head, Assistant Vice President Edgardo S. Luzano lead the fourth run of the LANDBANK AgriSenso Virtual Forum on 24 October 2022. Joining them are Mauanan Baluncanag Gaddangao Farmers Irrigators Credit Cooperative Treasurer Sharon B. Eugenio, Southern Isabela ARB Charibel Francesca, and Batangas Egg Producers Multi-Purpose Cooperative Director Cecille A. Virtucio. The Land Bank of the Philippines (LANDBANK) gathered small farmers and fishers, agrarian reform beneficiaries (ARBs), and their organizations to discuss the National Government’s development plan towards building sustainable and resilient agrarian reform communities. Department of Agrarian Reform (DAR) Bureau of Agrarian Reform Beneficiaries Development (BARBD) Director Dr. Ronald M. Gareza, CESO IV and LANDBANK Program Management Department I Head, Assistant Vice President Edgardo S. Luzano led the discussions during the fourth run of the LANDBANK AgriSenso Virtual Forum on 24 October 2022. They were joined by agriculture partners and loan availers, namely Mauanan Baluncanag Gaddangao Farmers Irrigators Credit Cooperative Treasurer Sharon B. Eugenio, Southern Isabela ARB Charibel Francesca, and Batangas Egg Producers Multi-Purpose Cooperative Director Cecille A. Virtucio, who shared how LANDBANK and DAR have assisted to enhance their productivity and income. Director Gareza discussed the various interventions that DAR has been carrying out to help address the challenges facing ARBs in land tenure and disputes. He also underscored the importance of support services, including capacity development and credit and marketing assistance, to support and ease the burden of ARBs. Meanwhile, AVP Luzano, together with Program Officers Glecy Angeles and Crisso Pernito, presented the features of the various credit programs being offered by LANDBANK for ARBs and their organizations. Accessible financing for ARBs, ARBOs LANDBANK and DAR have been working closely to extend affordable financing and support services for ARBs and their organizations. Under the Accessible Funds for Delivery to Agrarian Reform Beneficiaries (AFFORD-ARBs) Program, LANDBANK provides direct credit assistance to individual ARBs who are not yet members of Agrarian Reform Beneficiary Organizations (ARBOs). The loans can be used for the production of rice, corn and high-value crops, and acquisition of small farm implements, such as hand tractors and power tillers. The Bank has released a total of P506.1 million to 2,200 borrowers under the AFFORD-ARBs Program as of 30 September 2022. LANDBANK, in partnership with DAR, also implements the Credit Assistance Program for Program Beneficiaries Development (CAP-PBD), designed for ARBOs that are not yet qualified to borrow under the regular lending window of the Bank. The Program provides credit assistance and support services to ARBs through their respective organizations for crop production, agri-enterprise or livelihood and other agri-related projects. LANDBANK and DAR also offer the Expanded Assistance to Restore and Install Sustainable Enterprises for Agrarian Reform Beneficiaries and Small Farm Holders (E-ARISE-ARBs), designed to assist ARBOs which and whose members were adversely affected by natural calamities or disasters, pests and diseases, and other viral infections or outbreaks. As of September 2022, LANDBANK’s combined releases under CAP-PBD and E-ARISE-ARBs have reached P736.4 million, benefitting 219 ARBOs with more than 11,000 ARBs and small farm holder-members nationwide. Qualified ARBOs can also avail of credit assistance under the Enhanced Partnership Against Hunger and Poverty (EPAHP) Lending Program of LANDBANK, which can be used to purchase orders or contract receivables from government agencies for the provision of needed food items. The Program supports the government’s efforts to address hunger, poverty, food security and nutrition, through community participation in government contracts. LANDBANK’s total loan releases under the EPAHP Lending Program have reached P9.6 million to seven agri suppliers as of September 2022.
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 MOREQualifications The promo is exclusive to Visa Credit, Debit, and Prepaid cards issued in the Philippines. How to Avail Shop using the Shopee mobile app. Select the items you wish to purchase and click “BUY NOW”. To proceed with checkout, enter your e-mail address and shipping details. Enter promo code “VISA200OFF” upon checkout. Click “Select payment method” and choose “Credit / Debit Card” as option. Select or add your participating Visa credit, debit, or prepaid Card and click “Confirm”. Promo discount will be automatically applied to your purchase upon checkout. Terms and Conditions Qualified Visa cardholders are entitled to avail of the promo discount from Shopee within the applicable promo period. Promo discount is P200 off, with a minimum spend of P3,500. Promo discount is valid for eligible Shopee users during the promo duration. Promo discount is valid for one-time use on November 11, 2022 only. Promo discount cannot be reapplied after a qualified order has been cancelled by the cardholder unless reason for cancellation is deemed valid upon investigation. (e.g. delay in receipt of OTP) Applicable on Visa credit, debit, and prepaid card transactions only. Promo discount is valid for new and existing Shopee registered customers. Promo discount cannot be applied retroactively. The offer cannot be exchanged for cash or other products. Promo discount can only be applied on purchases from Preferred Shops, Mall Shops, Free Shipping Special Sellers, and Coin Cashback Sellers that ship from the Philippines. Promo discount cannot be used on products under the “Load, Bills and eServices” category. Promo discount is valid on orders to be delivered via integrated couriers. By joining this promo, the user confirms that he/she has read, understood, and agreed to the promo mechanics and its terms & conditions. Shopee reserves the right to cancel transactions of accounts that are proven to be invalid or fraudulent (i.e. abuse of system). Shopee reserves the right to vary these terms & conditions with prior approval of DTI. Customer Support For any questions or clarifications, please contact Shopee’s Customer Service at (02) 88805200 or email support@shopee.ph
READ MOREPromo Mechanics Promo Period: November 11 - 13, 2022 Promo Period and Promo Offer The Promotion is open to all active users in good standing of the LANDBANK/OFBank Visa Debit Card. Promo Offer: Enjoy 15% OFF with Landbank and OFBank on Lazada s 11.11 Mega Sales! The promo is valid on regular and sale items at Lazada. Discount applies with a minimum spend of P1,000, charged to the LANDBANK and OFBank Visa Debit Card. Discount is capped at Php 500. Discount is redeemable from: November 11-13, 2022 with code: LBPLAZ11 Discount code is valid for three-time use per promo period on Lazada's mobile app and website. Discount will apply when the voucher is entered at the Payment Page and the eligible LANDBANK and OFBank VisaDebit Card is selected as the payment option. Customer must check if voucher is applied before proceeding to final check -out. Discount is not applicable to digital goods, stores with digital goods product/s, milk products for 3 years old below(under the Milk Code) and other goods from blacklisted sellers set by Lazada. Purchase must be made using an eligible LANDBANK Visa Debit Card during the valid promo period from November 11 - 13, 2022. Payment codes cannot be used with other collectible or static code discount vouchers. Transaction must be made within the Promo Period to availof the Promo. The Promo is valid at Lazada Philippines Smartphone mobile app and website. How to Avail of the Discount Open the Lazada website (www.lazada.com.ph) or download the Lazada app for free via App Store for Apple users orGoogle Play store for Android users. Select the item/s you wish to purchase then click "Add to Cart". Prepare your card details for the transaction. Click the Shopping Cart icon on the right, topmost portion of the screen to view all the items on your Shopping Cart. Select the item/s you wish to purchase and once you have reviewed the items on your Shopping Cart, click "Check Out". Input the voucher code on the checkout page to apply the discount. Enter your shipping and billing information and select the credit card as payment method. Enter your LANDBANK/OFBank Visa Debit Card details and make sure to check if the discount was applied to total billing before proceeding to place the order. Click "Place Order" to complete the transaction. Terms and Conditions Minimum spend of P1,000 isrequired. Minimum spend applies to the total price of selected items in cart prior to any discounts. Discount capped at P500. Valid for three-time use per promo duration per customer. Discount is applied when customer enters eligible LANDBANK/OFBank Visa Debit Card details. Discount is applied automatically at the checkout only when the voucher code has been successfully applied on the order. Discount is not transferable and may not be converted to cash, credit, kind or similar financial instruments. Discount cannot be applied retroactively. Discount is not applicable to items marked "Voucher code not applicable on this item". All cancelled orders will not be valid for re-instatement of voucher codes. Payment codes cannot be used with other collectible or static code discount vouchers. The use of promo code is subject to the Lazada Voucher Terms and Conditions Customer Support For questions or clarifications, please contact Lazada Customer Care by clicking the chat button at http://www.lazada.com.ph/contact.
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 MOREThe Land Bank of the Philippines (LANDBANK) posted a net income of P25.69 billion in the first three quarters of 2022, for a 54% growth from P16.7 billion year-on-year. The increase in net income was driven by higher interest earnings from loans and investments, boosted by gains from foreign exchange and non-recurring miscellaneous income. This also pushes the Bank closer to meeting its 2022 full-year net income target of P25.71 billion. “The sustained earnings and solid capital base of LANDBANK keeps it in prime position for sustainable growth, which extends to the development sectors that we serve. We will continue to direct our robust loan portfolio to drive support for agriculture alongside other key industries,” said LANDBANK President and CEO Cecilia C. Borromeo. LANDBANK’s total assets likewise grew to P2.8 trillion or 8% higher than the P2.6 trillion a year ago. This was propelled by deposits amounting to P2.4 trillion, mainly due to deposits from private individuals, local government units (LGUs) and national government agencies. Meanwhile, the Bank’s capital stood at P204.4 billion as of 30 September 2022. Financial ratios also remain at healthy levels, with return on equity at 14.89%, return on assets at 1.15%, and net interest margin at 3.1%. LANDBANK’s sound financial position is furthering its capacity to extend financial support to development sectors, as part of its broader thrust of serving the nation. As of end-September 2022, the state-run Bank’s agri loan portfolio reached P259.2 billion, with a total of 3.36 million small farmers and fishers assisted through LANDBANK’s network of 607 branches, 58 lending centers, 2,899 ATMs, and 970 Agent Banking Partners nationwide.
READ MORELANDBANK President and CEO Cecilia C. Borromeo (seated, 2nd from right) pays a courtesy visit to the Governance Commission for GOCCs (GCG) led by Chairperson Alex L. Quiroz (seated, 3rd from right) on 08 November 2022 to express support for GCG’s plans and programs towards the effective management of GOCCs in the country. The Land Bank of the Philippines (LANDBANK) expressed its continued support to the Governance Commission for GOCCs (GCG) in ensuring the delivery of responsive and efficient service of Government-Owned or-Controlled Corporations (GOCCs) to Filipinos. LANDBANK President and CEO Cecilia C. Borromeo met with GCG Chairperson Alex L. Quiroz on 08 November 2022 to explore areas of collaboration, including future plans to further optimize LANDBANK’s organizational structure. Likewise, GCG commended LANDBANK for consistently garnering a high rating on the Corporate Governance Scorecard (CGS) among GOCCs over the years, demonstrating the state-run Bank’s adherence to the highest standards of excellence in public service. Also present in the meeting from GCG were Commissioners Atty. Gideon Mortel and Atty. Geraldine Marie Berberabe-Martinez, Directors Atty. Lovely Joy Avisado and Atty. Johann Carlos Barcena, and from LANDBANK, Executive Vice President Alex A. Lorayes, Senior Vice Presidents Elcid C. Pangilinan, Joselito B. Vallada, Ramon R. Monteloyola, and other officers from the two institutions. LANDBANK currently serves the banking needs of GCG, including payroll service for its employees and convenient digital payment solutions to suppliers through the LANDBANK weAccess, the Bank’s internet banking facility for institutional clients. The Bank maintains a strong corporate governance culture anchored on integrity, transparency, and accountability, as part of its continued commitment to deliver quality financial and support services in serving the nation.
READ MOREPromo Mechanics Qualified Cards: Mastercard Credit, Debit and Prepaid Cards (including all issuing banks) Promo Period: November 15 - 20, 2022 December 15 - 20, 2022 Promo Period and Promo Offer The Promotion is open to all issuing banks of active Mastercard Principal or Supplementary Credit, Debit, and Prepaid Cardholders. Promo Offer: Save your Mastercard debit or credit card on Lazada from November 15 – 20, December 15 – 20, 2022 and get PHP 100 OFF! The promo is valid on regular and sale items at Lazada. Saving credit or debit cards must be made on promo periods indicated from 12:00 am to 11:59 pm Philippine time. Open for up to 2,166 voucher redemptions. Saving credit or debit cards must be done on either the My Account or Lazada Wallet pages only. Cards saved upon checkout will not be eligible for the voucher reward. PHP 100 discount applies for a minimum transaction amount of PHP 1,500, charged to the Mastercard Credit/Debit/Prepaid Card. The discount will be available in the voucher wallet immediately upon saving the card on the Lazada platform. Redemption period of voucher reward is from November 15, 2022 – Feb 20, 2023, December 15, 2022 – March 20, 2022. Voucher is valid for one-time use for transactions at the Lazada mobile app only. Discount will apply when the voucher is selected at the Payment Page and the eligible Mastercard Credit/Debit/Prepaid Card is selected as the payment option. Customer must check if voucher is applied before proceeding to final check-out. Discount is not applicable to digital goods, stores with digital goods product/s, milk products for 3 years old below (under the Milk Code) and other goods from blacklisted sellers set by Lazada. Card on File Rewards vouchers can be used with other collectible vouchers and voucher codes, except for platform shipping fee vouchers. How to Avail Terms and Conditions Only customers who save their card within the promo period are eligible for card on file rewards. Discount can be used once throughout the valid redemption period. Discount is applicable to all Mastercard cardholders. Voucher can be applied at the checkout only when the customer has met the minimum spend requirement and has selected Mastercard as the payment method. Discount is not exchangeable for cash, credit or other goods and services. Discount cannot be applied retroactively. Discount is not applicable to items marked “Discount not applicable on this item”. All cancelled orders will not be valid for re-instatement of Instant Off discounts. The use of discount is subject to the Lazada Voucher Terms and Conditions. Customer Support For questions or clarifications, please contact Lazada Customer Care by clicking the chat button at http://www.lazada.com.ph/contact.
READ MOREPromo Period Oct 27, 2022 to Nov 30, 2022 Promo Mechanics Use code: MCFOREST to enjoy P50 discount + plant 2 trees. MOV P500. Other Details T&C This promo is available for all MASTERCARD users Not convertible to cash, and not for resale Valid on delivery, pick-up, shops, & pandamart Valid from Oct 27 to Nov 30 How to avail of discount Log-in to www.foodpanda.ph or the foodpanda app. Enter your delivery address and details. Select a restaurant or shop within your area. Add items to your cart until you reach P500 or more. Once finished, click "Apply a voucher" on the cart page. Input the voucher code MCFOREST. Discount will be applied automatically after. Click "Review payment and address". Select/add your MasterCard debit or credit card as your payment method. Click "Place order". Wait for your food and eat! DTI Per DTI Fair Trade Permit No. FTEB-154399 Series of 2022
READ MORERECEIVE A COMPLIMENTARY ISSUE OF VOGUE PHILIPPINES WHEN YOU SIGN UP FOR A ONE-YEAR SUBSCRIPTION WITH MASTERCARD® Promo Mechanics The promotion is open to all Philippine- issued Mastercard credit, debit and prepaid cardholders only. Purchase a one-year subscription of Vogue Philippines and receive one complimentary regular issue or Vogue’s maiden issue when you pay with your Mastercard from November 11-December 31, 2022. The maiden issue is subject to availability. The free issue will be included in your first months of subscription. The one-year subscription consists of 10 regular issues for only Php 5,950 (excluding shipping fees). This special promo subscription excludes the September 2023 anniversary issue. Visit shop.vogue.ph to avail this special offer. For any questions or clarifications, you may email Vogue Philippines via shop@vogue.ph. For more information, you may also visit link: https://shop.vogue.ph/products/vph-full-year-subscription With Mastercard’s Priceless Planet Coalition™ mission to restore 100 million trees by 2025, 25 trees will be planted for every subscription purchased using your Mastercard® during this promotion period. DTI Per DTI Fair Trade Permit No. FTEB-155266 Series of 2022
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 Fri, April 25, 2025
| UITF | NAVPU |
|---|---|
| Cash Management Fund | 1.557629 |
| Money Market Fund | 1.310792 |
| Money Market Plus Fund | 1.223222 |
| PERA Money Market Fund | 1.023734 |
| Medium-Term Bond Fund | 2.469743 |
| Bond Fund | 2.02113 |
| PERA Bond Fund | 1.197928 |
| Balanced Fund | 2.611204 |
| Growth Fund | 2.585961 |
| Alpha Equity Fund | 3.010427 |
| Blue Chip Equity Fund | 0.962315 |
| Equity Fund | 0.785213 |
| High Dividend Equity Fund | 1.009253 |
| US$ Money Market Fund | 1.431944 |
| Global $ Fund | 1.523469 |
