LANDBANK President and CEO Lynette V. Ortiz (middle) receives an award for the Bank from Executive Secretary Lucas P. Bersamin (6th from left), GCG Chairperson Atty. Marius P. Corpus (7th from left), and GCG Commissioners Atty. Geraldine Marie Berberabe-Martinez (3rd from left) and Atty. Brian Keith F. Hosaka (2nd from left), for ranking among the top GOCCs based on the Performance Scorecard for 2022. LANDBANK also topped the rankings in terms of governance among all GOCCs based on the GCG Corporate Governance Scorecard. In line with its continued commitment to outstanding service delivery, the Land Bank of the Philippines (LANDBANK) garnered the highest rating for corporate governance in 2022 from the Governance Commission of GOCCs (GCG). During the GOCC Governance Awards Ceremony held on 20 November 2023 at the PICC Complex in Pasay City, the state-run Bank ranked first among government-owned and controlled corporations (GOCCs) in the country with a score of 102.50 on the GCG’s Corporate Governance Scorecard (CGS). “The principles of good corporate governance—accountability, transparency, fairness, and responsibility—are the pillars upon which our institution stands. These principles guide our operations, ensuring that we remain credible to all our stakeholders, stable in our financial dealings, and steadfast in our commitment to ethical practices,” said LANDBANK President and CEO Lynette V. Ortiz. President Ortiz personally received the award together with other Bank officials, namely Executive Vice President Alex A. Lorayes; Senior Vice Presidents Elcid C. Pangilinan and Atty. Joselito B. Vallada; First Vice President Atty. Roderick P. Sacro; and Vice Presidents Atty. Myra-Lyn S. Peñalosa and Atty. Nikkolas G. Tolentino. LANDBANK Executive Vice President Liduvino S. Geron and Senior Vice President Marilou L. Villafranca also graced the event as Chairman and Board Member, respectively, representing the Bank’s subsidiary, UCPB Savings Bank. LANDBANK has consistently garnered high marks in the CGS, which evaluates the governance policies and practices of GOCCs on Stakeholder Relationships, Disclosure and Transparency, and Responsibilities of the Board. The scorecard also assesses the corporate governance practices of GOCCs based on existing corporate governance guidelines. The Bank was likewise recognized as among the top-performing GOCCs overall based on its 2022 GCG Performance Scorecard, which provides measures, targets, and success indicators based on the mandates and long-term vision of a GOCC, to evaluate its contribution to the National Government’s development agenda. Meanwhile, two of LANDBANK’s subsidiaries also placed among the top 10 GOCCs in the corporate governance rankings. The LBP Insurance Brokerage Inc. (LIBI) ranked seventh with an overall rating of 97.92, while the LBP Resources and Development Corporation (LBRDC) placed ninth with a 96.50 rating. “Corporate governance is not just about compliance and meeting financial goals; it's about upholding public trust and ensuring that every action we take aligns with the greater good of our community and nation,” President Ortiz added. As part of its continued commitment to deliver quality financial and support services in serving the nation, LANDBANK maintains a strong corporate governance culture anchored on integrity, transparency, and accountability.
READ MORETerms and Conditions for Pay in Installments The LANDBANK Credit Card’s Pay in Installments allows the Cardholders to pay for goods and services on installment basis with partner merchants for a specified term according to the Terms and Conditions specified by LANDBANK. The Pay in Installments is available to all Principal and Supplementary Cardholders (except for DOSRI and Corporate accounts) whose cards are active, in good credit standing, and have available credit lines. LANDBANK Credit Cardholders can enjoy 0% interest on installments in various partner establishments in both Instore or Online stores bearing the Pay in Installments logo. The list of partner merchants is found in the LANDBANK website under Credit Cards menu. The Pay in Installments is valid on a single-receipt purchase transaction of at least PhP3,000, payable up to 24-month installment term. However, merchants have sole discretion on the installment terms and minimum spend requirement to qualify for installment which may vary per item and merchant. Partner merchant may set a higher spend requirement which may vary per term, item and outlet. No maximum amount for the transaction as long as it is within the Cardholder’s available credit limit. Qualified Cardholders can amortize at 0% interest on the total price of the items purchased under Pay in Installments for the duration of the installment plan, available at 3, 6, 12, and 24-month installment terms or as otherwise specified by the merchant offering Pay in Installments. Applicable installment terms vary per merchant/partner establishment or per outlet or item. It can be applicable on selected items only, at the option of the merchant, and may differ on product models per establishment. LANDBANK does not guarantee the quality of the product or service subject of the installment charge slip or installment contract. Any defect or damage on the product or service shall not affect or excuse Cardholders’ obligation to pay his/her account. The cash price and credit card price for 0% interest on Installment transactions shall be the same. All decisions made by LANDBANK Credit Cards or partner merchants regarding transactions made hereunder are considered final. Purchases are subject to approval based on the available credit limit of the Cardholder at the time of purchase. All transactions are subject to LANDBANK Credit Cards’ transaction authorization rules. The approved installment transaction is automatically deducted from the Cardholder’s available credit limit. The first monthly amortization will be reflected on the next cut-off date once the transaction is posted. Each monthly installment amount forms part of the Minimum Amount Due on Cardholder’s Statement of Account. The Cardholder incurs no additional fees for using the Pay in Installments. The Cardholder, however, may pre-terminate its availment of 0% interest installment by calling the LANDBANK Customer Care Hotline. In case of pre-termination, Cardholder must settle the full amount of the remaining principal balance, as well as pay a pre-termination fee of 5% of the remaining balance or Php300, whichever is higher. Any two (2) unpaid amortizations shall constitute default and shall result to the remaining unpaid installments to become due and demandable. Any unpaid amount shall incur interest and surcharges in accordance with the Terms and Conditions governing the issuance and use of the LANDBANK Credit Card. The Cardholder’s use of Pay in Installment shall be considered as his/her acceptance to be bound by these Terms and Conditions and such amendments hereof as may be made by LANDBANK Credit Cards and advised from time to time. LANDBANK Credit Cards Installment purchases are subject to the standard Terms and Conditions Governing the Issuance and the Use of LANDBANK Credit Cards. Download: Frequently Asked Questions
READ MORE(front) LANDBANK President and CEO Lynette V. Ortiz (right) and ACEN President and CEO Eric Francia (left) lead the signing of a P20-Billion loan agreement to fund ACEN’s general corporate requirements and investments in renewable energy projects on 29 November 2023 in Makati City. Joining them (from L-R) are ACEN Chief Finance and Compliance Officer Maria Corazon Dizon, Treasurer Cecile Cruzabra, and Head of Corporate Finance Juan Martin Syquia, alongside LANDBANK Senior Vice Presidents Lucila E. Tesorero and Ma. Celeste A. Burgos. MAKATI CITY – The Land Bank of the Philippines (LANDBANK) approved a P20-billion loan to ACEN CORPORATION (ACEN)—the listed energy platform of the Ayala Group—in support of the National Government’s thrust to expand the country’s mix of renewable energy. The LANDBANK loan will partially finance ACEN’s general corporate requirements and investments in renewable energy projects, which are aligned with the government’s target under the National Renewable Energy Program to increase the share of renewable energy in the country’s power generation mix from the current 22% to 35% by 2030. LANDBANK President and CEO Lynette V. Ortiz and ACEN President and CEO Eric Francia formalized the loan agreement on 29 November 2023 at the Ayala Triangle Gardens, Makati City. They were joined by ACEN Corporation Chief Finance and Compliance Officer Maria Corazon Dizon, Treasurer Cecile Cruzabra and Head of Corporate Finance Juan Martin Syquia, alongside LANDBANK Senior Vice Presidents Ma. Celeste A. Burgos and Lucila E. Tesorero. “LANDBANK is proud to collaborate with ACEN, as we continue to build strategic partnerships to address the impact of global warming and climate change in the country. More than just a loan agreement, we see this partnership as an important step that supports the greening of our energy sector,” said LANDBANK President Ortiz. ACEN has ~4,500 MW of attributable capacity from its owned facilities in the Philippines, Australia, Vietnam, Indonesia and India, with a renewable share of 98%, which is among the highest in the region. This year, ACEN allocated up to P50 billion to continue growing its renewable energy portfolio. LANDBANK’s loan to ACEN underscores the Bank’s thrust of promoting sustainable finance and environmental protection, while funding key economic development sectors to help address the consequences of climate change.
READ MORETerms and Conditions Offer is only valid if the booking is made via www.onedinesfree.com platform and the participating restaurants reserve the right to decline the offer if the booking is not made via the platform. Please note that the SMS/ Email confirmation is mandated by the individual service provider. There could be a delay in delivery or blocked due to restrictions by the network or service provider. Reservation and offer needs to be communicated to the participating restaurant at the time of arrival and offer is valid for all Mastercard cardholders issued in Asia Pacific. Offer is only valid for applicable à la carte main course as determined by the restaurant, and excludes beverages, taxes and duties. Offer is valid for a minimum number of pax per Mastercard card per table per bill. For each bill, the offer can only be redeemed once. No splitting of table or bill is allowed. Please refer to each restaurant’s minimum number of pax. Example A: 2 persons ordered 2 main courses; the cardholder shall pay for 1 main course. Example B: 6 persons ordered 6 main courses; the cardholder shall pay for 5 main courses. Cardholders and their guests must order one (1) main course each to enjoy the offer. Example A: Four diners ordered three (3) Main Courses; no offer will apply. Example B: Four diners ordered (4) Main Courses, offer will apply. The offer can be withdrawn by Mastercard without any prior notification. The dish of the least value will be considered as the promotional / offer element at redemption. Cardholders are advised to check with the service staff on the type of dishes considered as Main Course to enjoy the offer. For reservations above 7 pax, please contact the restaurant directly and offer will not be applicable. There is no restriction on the number of visits by a cardholder to the restaurant during the offer period and for each visit, the cardholder will be able to enjoy the offer once. Reservations are subject to availability at all participating restaurants. The offer cannot be exchanged for cash / service, other products, or discounts. The offer is not transferable and cannot be used in conjunction with other discounts, promotional offers. Offer is valid for dine in only and not applicable for takeaways. Offer is not valid on eve of and on Public Holidays, special occasions such as Valentine’s Day, Mother’s Day, Father’s Day and other blackout dates. These dates will vary for each city and will be updated from time to time. Reservation on the designated blackout dates will not be allowed. Such other terms and conditions apply as per written approval between the restaurant and Mastercard and Dining City. In case of any dietary restrictions, allergies or any specific food or cooking requirements, please ensure the restaurant is informed at the time of ordering. Mastercard and Dining City do not take any guarantee or warranty of the quality, quantity of the food or ambience of the participating restaurant. Any issues pertaining to the same will have to be addressed and resolved by the restaurant directly. Mastercard and Dining City are in the business of promoting offers at the participating restaurant and are in no way endorsing or recommending the services, food or any aspect of the restaurant. Mastercard and Dining City shall use reasonable best efforts to ensure that reservations will be accepted, but Mastercard and Dining City will not be held responsible if a restaurant fails to inform either party of non-availability of such restaurant or if a sold out occurs or if a private event is held at such restaurant. The offer acceptability and honouring is subject to Force Majeure wherein any execution or delivery of any of the services committed through this program is hampered beyond its reasonable control, such as but not limited to, strikes, labour controversies, Acts of God, fire, flood, war, lightning, earthquake, collapse of structure, embargoes or Government orders or restrictions or policies etc., the affected restaurant shall be excused for non-performance of its obligation during the period such cause continues to exist. Rights of admission are reserved by the restaurant. Individual restaurant Terms & Conditions apply. All bookings are subjected to restaurants' availability. A reservation confirmation email/SMS will be sent to you once the booking is confirmed. In case you do not receive an Email confirmation/ SMS of your booking, kindly reach out to us at ODF@diningcity.asia The offer shall not be available wherever it is prohibited under law and / or cannot be made / continued for any reason whatsoever. Participation in this offer is entirely voluntary, and it is agreed and understood by the Participants that participation shall be deemed to have been made on a voluntary basis. All disputes under this offer are subject to the exclusive jurisdiction of the competent courts / tribunals of the respective country of the offer. By participating in the offer, the cardholders agree to be bound by the terms and conditions mentioned here and present in communications. Any tax or other liabilities or charges payable to the government or any other statutory authority / body or any participating establishment, which may arise or accrue to the cardholders, shall be solely borne by the cardholders. Amendments are subject to availability and at the discretion of the restaurant. Cancellations need to be done at least 24 hours prior to the booking time or will be deemed confirmed. Whilst this offer is joint branded, Mastercard does not collect, use, disclose, process or transfer any personal data relating to cardholders in accordance with these terms and conditions. All processing of personal data for the purposes of this offer is done by Dining City.
READ MOREThe Land Bank of the Philippines (LANDBANK) contributed P7 billion in sales to the country’s first-ever Tokenized Treasury Bonds (TTBs) issuance of the Bureau of the Treasury (BTr), in support of the National Government’s push for a financially inclusive domestic capital market. LANDBANK was lead Issue Manager with the Development Bank of the Philippines (DBP) for the maiden offering of TTBs and brought half of the total issued size of P15 billion. The TTBs are fixed-income government securities that are stored as digital tokens in the digital wallets of investors. It is supported by a dual registry structure where the National Registry of Scripless Securities (NRoSS) operates in parallel with a Distributed Ledger Technology (DLT)-based registry through blockchain technology. “The Tokenized Treasury Bonds exemplifies a forward-looking approach in promoting accessibility, convenience, efficiency, and transparency towards enhancing the overall investor experience. With the adoption of blockchain technology, we are also ensuring the integrity of transactions while providing investors with an increased level of trust and security,” said LANDBANK President and CEO Lynette V. Ortiz. The maiden issuance of TTBs was made available to qualified institutional buyers in minimum denominations of P10 million and increments of P1 million thereafter. These one-year peso-denominated bonds fetched a coupon rate of 6.50% per annum, payable every six months until maturity in November 2024. The tokenization of treasury bonds demonstrates the National Government’s vision of democratizing access to government securities by streamlining settlement procedures and minimizing friction costs. Following the successful debut, the BTr is looking to extend tokenized bonds to Filipino retail investors. LANDBANK remains committed to supporting the National Government’s bond offerings, as part of its efforts to promote greater financial inclusion and broader participation in the bond market.
READ MORELAZADA’S 12.12 SALE | PROMO MECHANICS Promo Period: December 12 – 16, 2023 OFFER: 15% OFF capped at P500, min spend P1,000 Qualified Cards: LANDBANK and OFBank Visa Debit Cards Enjoy 15% OFF capped at P500 on purchases made on Lazada with your LANDBANK and OFBank Debit Card and use the voucher code 12LBPLZD. Min spend of PHP 1,000 is required. Discount code is valid for 3x use during the promo period on Lazada’s mobile app. Applicable to new & existing Lazada users. Discount value redeemable at Lazada from December 12 – 16, 2023. Discount will apply when the voucher is entered at the Payment Page and the LANDBANK and OFBank Debit Card is selected as the payment option. Customer must check if discount amount is applied before proceeding to final check-out. TERMS AND CONDITIONS: Minimum spend applies to the total amount in cart prior to any discounts. Discount is applicable to all LANDBANK and OFBank Debit Cards. Discount is applied automatically at the checkout only when the voucher code has been successfully applied on the order. Discount is not exchangeable for cash, credit or other goods and services. Discount amount 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. Applicable only to eligible prepaid card BINs and eligible items. Payment codes cannot be used with other static code discount vouchers. The use of the voucher is subject to the Lazada Voucher Terms and Conditions. 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. 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 MECHANICS Get 20% off when you purchase minimum of PHP 15,000 worth of ROCKPORT products using Mastercard. The Rockport story is one built on invention and innovation. It is a story of combining casual shoe designs with innovative performance technologies. Rockport shoes have run the New York City Marathon, climbed Mt. Kilimanjaro, and sailed around the world. Our company’s reputation has been built on footwear that delivers on making style comfortable for the metropolitan professional – and that’s a promise our consumers have come to rely upon. For over 50 years we’ve relentlessly pursued the promise of making people’s lives better through our commitment to style made comfortable. Simply put, Rockport’s design innovations allow our consumers to do more, be more, live more. ROCKPORT Terms & Conditions Offer cannot be availed in conjunction with any other promotion. Offer cannot be availed on marked down items. Offer is only applicable to non-discounted items. Cardholders to use their Mastercard branded cards to avail the offer. Click here: Mastercard General Terms and Conditions DTI Permit: FTEB-159881 Series of 2023
READ MOREGood news for LANDBANK VISA Debit Card holders! Offers: Discount via Voucher Code: LANDBANK Discount: 20% off, capped at Php 150.00 Minimum single-receipt spent per transaction: Php 500. Minimum spent is based on gross food order value which is defined as the user's total food order value before any discount and shipping is applied. Maximum discount per transaction: Php 150.00 Valid from December 12 to December 31, 2023; only valid for fast food cuisine only. Each code can be used by a user on FoodPanda up to one (1) time only per user ID from December 12 to December 31, 2023 To avail of the discount, Cardholders must download the FoodPanda mobile app on the Apple Store or Google Play Store and proceed with the following steps: Input the delivery location. Choose from the available restaurants/shops under Delivery and Pick-up in the area. Place order worth at least the minimum spend requirement for each voucher code. Tap "Apply a voucher". Enter applicable Voucher Code or select the applicable seeded voucher. Pay using a qualified card. Discount is applied to the total purchase upon checkout. Other Terms and Conditions: Partner is not an agent of any of the participating merchants or outlets and makes no representation as to the quality of goods and services provided. All feedbacks regarding the quality of goods and services provided should be directed to the respective merchant or outlet. The offer cannot be exchanged for other items or discounts and cannot be used in conjunction with other promotional offers by the partner merchant that requires a voucher/promo code. The offer is not convertible to cash or credit. It may not be exchanged with any other product. In case of dispute in respect of the Partner only and the clients' availment of the Promo, the decision of the Partner with the concurrence of DTI shall be considered final. However, if dispute involves the FoodPanda and its performance and/or delivery of services to customers, subject to the Terms and Conditions set out below, the decision of FoodPanda with the concurrence of DTI shall be considered final. Vouchers, discounts and promos and the use of the foodpanda platform shall likewise be governed by the FoodPanda. Customer Support: LANDBANK can be reached through the following channels on your concerns and complaints regarding your accounts: 1. LBP Website 2. 24/7 LBPCustomer Service 3. LBP Branches
READ MOREEnjoy P500 off sitewide when you pay using your Security Bank, AUB, or Landbank Mastercard!| Promo Period: December 5-31, 2023 Promo Mechanics: The promo period is from December 5-31, 2023. This promo is open to all Security Bank, AUB, and Landbank Mastercard cardholders who will purchase on the ZALORA website or ZALORA app within the promo period using installment as the payment option. The said promo entitles the customer to P500 off sitewide for minimum purchase of P5,000 using the installment option. How to avail: Log-on to http://www.zalora.com.ph Select the product. Select size and click on “Add to Bag”. Once finished, click CHECKOUT NOW to proceed. Log in or Register by Signing in via Facebook. Input Customer Information such as name, phone number and delivery address. Select Credit Card 3M/ 6M Installment as Payment Method and input Security Bank, AUB, or LANDBANK Mastercard card details and click installment payment. Select voucher code: MASTERCARDINS to get P500 off. Click “Order Now” to finalize order Any dispute concerning the products or services related to the Promo offer shall be settled directly between the cardholder and ZALORA with the concurrence of the DTI. For partial returns and cancellation of orders, the promo will be voided and customer will automatically be refunded via ZALORA Wallet Credit Brand and category exclusions apply. Discount is not valid on the following categories and brands: (full list: www.zalora.com.ph/faq-non-sale)
READ MOREChristmas Shopping Money with Mastercard Promo! Promo period: October 1 to December 31, 2023 ‘Tis the season to be jolly… because we’re giving away Christmas Shopping Money when you shop at SM Store using Mastercard! Be one of the lucky 65 winners of P100,000 worth of Christmas Shopping Money, or one of the 650 winners of P1,000 SM Gift Pass! Just spend a minimum P6,500 single-receipt purchase using your Mastercard from October 1 to December 31, 2023! Don’t miss this chance to win big this holiday season, shop away! You may also order via SM Store Personal Shopper by filling out an order form or contacting us via these mobile numbers. Mechanics and Terms & Conditions Eligibility The Promotion is open to all principal and supplementary cardholders of Mastercard credit, debit, and prepaid cards issued in the Philippines. To join the Promotion, the cardholder must use a valid Mastercard card for a minimum Php6,500 single-receipt purchase at any participating branch of SM Store. Straight and installment transactions using a valid Mastercard card in-store and personal shopper paid via card-present transaction. Transactions paid via iPay88/email billing are excluded from the promo. Cardholders whose accounts are suspended or terminated are not eligible to join the promotion. Terms and Conditions A minimum P6,500 single receipt purchase (straight or installment transaction) at any branch of SM Store nationwide gives the cardholder a chance to instantly win P100,000 worth of Christmas Shopping Money or P1,000 worth of SM Gift Pass. There will be 65 winners of P100,000 worth of SM Gift Pass or 650 winners of P1,000 worth of SM Gift Pass nationwide. Promo Period is from October 1 to December 31, 2023, while claiming of the prizes will be from October 1, 2023, until February 28, 2024. Upon completing the minimum single-receipt requirement of P6,500 using Mastercard and printing of the SM Store transaction receipt, a coupon/stub will be generated indicating if the customer won an instant prize. Prize is non-convertible to cash. The cardholder can only claim his/her Prize at the same branch of the SM Store where the transaction was made. Purchase of cell cards, phone cards, SM Gift Cards, SM Gift Pass, Concert Tickets, Returns, Bills Payment Products, and other products at the Customer Service Counter are not qualified for this promotion. Claiming of Prizes For In-store Transactions - winner (Cardholder) must present the following documents to the Customer Service Counter where the transaction was made. The Customer Service Manager must verify the winning transaction prior to awarding of prizes to the cardholder. List of documents to be presented: Original Winning Transaction Receipt Original Winning charge slip – original customer copy Original Winning Stub – original copy Winning Credit Card (Mastercard) Valid ID For Personal Shopper (card-present) Transactions – Personal Shopper Manager to verify the winning transaction prior to claiming of prize from Customer Service Counter. Winner must surrender and sign the original winning stub. The Transaction receipt and winning charge slip should be marked/stamped “CLAIMED” upon release of the Prize. Branch to have the winner sign the Claim Certificate. SM Store and Mastercard will not replace lost or damage prizes caused by the winner (cardholder). SM Store and Mastercard Philippines reserve the right to disclose and publish names, photos and other information of the winners in any mode or manner as they deem appropriate. Employees of the SM Store, Mastercard, and its accredited advertising agencies and suppliers, and their family relatives up to 2nd degree of consanguinity or affinity are disqualified from participating in the promotion. This promo is available in-store and via SM Store Personal Shopper. Per DTI Fair Trade Permit No. FTEB-176428, Series of 2023.
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 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 |
