LANDBANK President and CEO Lynette V. Ortiz (3rd from right), together with Tourism Secretary and former Liloan Mayor Ma. Esperanza Christina Garcia Frasco (4th from right), House Deputy Speaker and Cebu 5th District Representative Vincent Franco D. Frasco (5th from right), and Liloan Mayor Aljew Fernando J. Frasco (6th from right), leads the inauguration of the LANDBANK Liloan Branch-Lite on 08 December 2023. Joining them are LANDBANK Directors Atty. David D. Erro (leftmost) and Nancy D. Irlanda (2nd from left), Liloan Vice Mayor Darwin T. Apas (7th from left), and other local officials. LILOAN, Cebu – The Land Bank of the Philippines (LANDBANK) opened a new branch-lite unit in this first-class town, as part of its commitment to promote greater financial inclusion and bolster Cebu Province’s bid for sustainable development. Located in front of the New Liloan Public Market in Barangay Jubay, the LANDBANK Liloan Branch-Lite brings banking services closer to residents of the 31 combined barangays of Liloan and neighboring town of Compostela, eliminating the need for clients to travel about 30 minutes to reach the nearest LANDBANK branches in the Municipality of Consolacion and Cities of Danao and Mandaue. “The presence of LANDBANK in Liloan is a testament to their commitment to serving the needs of our citizens, from farmers cultivating our fertile lands to entrepreneurs striving to build businesses, to big corporations and factories providing jobs to Liloanon—these will all contribute to the economic vitality of Liloan,” said Liloan Mayor Aljew Fernando J. Frasco. The newly inaugurated LANDBANK branch-lite will serve and benefit around 2,000 farmers and fishers; 5,600 Conditional and Unconditional Cash Transfer (CCT/UCT) program beneficiaries of the Department of Social Welfare and Development (DSWD); government employees; and local and multinational businesses, among other private depositors. LANDBANK President and CEO Lynette V. Ortiz, along with Department of Tourism (DOT) Secretary and former Liloan Mayor Ma. Esperanza Christina Garcia Frasco, House Deputy Speaker and Cebu 5th District Representative Vincent Franco D. Frasco, and Liloan Mayor Frasco, led the inauguration rites on 08 December 2023. Joining them were Liloan Vice Mayor Darwin T. Apas, LANDBANK Directors Atty. David D. Erro and Nancy D. Irlanda, LANDBANK Executive Vice President Liduvino S. Geron, Senior Vice Presidents Khurshid U. Kalabud, Elsie Fe NB. Tagupa, and Catherine Rowena B. Villanueva, and other local government officials. “With the opening of the LANDBANK Liloan Branch-Lite, we are enthusiastic about further enhancing our support to Liloan. We hope to draw more investors to the town and help fast-track sustainable growth for all,” said LANDBANK President Ortiz. The newly inaugurated branch-lite features an automated teller machine (ATM) for fast, safe, and convenient cash withdrawals, and a Digital Corner where clients can open a deposit account in 15 minutes or less using the LANDBANK Digital Onboarding System (DOBS). LANDBANK now operates 27 branches and branch-lite units, and two lending centers across Cebu, complemented by 143 ATMs, five cash deposit machines (CDMs), and 19 LANDBANKasama Agent Banking Partners operating 59 Point-of-Sale (POS) terminals to service underserved communities. Cebuanos can also enjoy free cash withdrawals at 173 ATMs located in 7-Eleven convenience stores across the province, as part of the Bank’s partnership with Pito Axm Platform, Inc. (PAPI). During the event, LANDBANK President Ortiz also reaffirmed LANDBANK's commitment to supporting inclusive and sustainable development in Liloan and Cebu by extending financial support for priority projects. Beyond expanding its loan portfolio for the agriculture sector, LANDBANK aims to further support the town's tourism sector to stimulate employment opportunities and economic activities. LANDBANK is the only bank present in all 82 Philippine provinces with 606 branches and branch-lite units and 59 lending centers, and is committed to bring convenient banking services and accessible financial assistance closer to Filipinos nationwide.
READ MORETerms and Conditions Up to 10% discount on hotel bookings worldwide Discount is applied on checkout with an eligible Mastercard card issued in Australia, Brunei, Cambodia, China, Hong Kong, India, Indonesia, Japan, Korea, Laos, Macao, Malaysia, Myanmar, New Zealand, Philippines, Singapore, Taiwan, Thailand and Vietnam. The Promotion discount will only be displayed on the booking form after entering payment details of an eligible Mastercard credit card. This Promotion is only valid for hotels that have the “Promotion Eligible” banner on the search results page and “Pre paid”, “Pay now” and “Book Now, Pay later” room types only. Rooms that have the “Pay at the Hotel” flag do not qualify for the promotion. The Promotion is only applicable to the reservation of properties made through the Agoda-Mastercard campaign redirect or via the designated URL on web, app and mobile website. The Promotion discount is applicable to accommodation room charges only (excluding local taxes, service fees, extra charges, personal consumptions and the like). The APP promotion eligibility will expire if the cardholders do not finish checkout within 2 hours of campaign redirect. The Promotion is non-transferable, non-cumulative, cannot be exchanged for cash or other products and cannot be used in conjunction with any other promotions, discounted items and fixed price items (unless specified). In the event of any discrepancy between the English and local language version of these terms and conditions, the English version shall prevail. The Promotion is subject to the terms and conditions of Agoda. In case of dispute, the decision of Mastercard and/or Agoda shall be final. Mastercard and/or Agoda can change the terms & conditions at any time. This is only eligible for cards issued in Australia, Brunei Darussalam, Cambodia, China, Hong Kong, India, Indonesia, Japan, Macao, Malaysia, New Zealand, Philippines, South Korea, Singapore, Taiwan, Thailand, Laos, Vietnam, Myanmar
READ MOREMastercard® | HBO GO Terms & Conditions governing the promotion: Offer 1 Conditions: (a) Not applicable for existing HBO GO users/accounts who had enjoyed 1-month complimentary trial previously. (b) Applicable for existing HBO GO users/accounts who had not enjoyed 1-month complimentary trial previously. (c) Mastercard World and World Elite cardholders will be automatically charged on a recurring basis, for a monthly, 3-monthly or annual HBO GO subscription (based on their selected subscription plan), unless the service is terminated before the end of the 1-month complimentary trial period. Charges will be billed to the Mastercard World Elite or Mastercard World card provided by Mastercard World and World Elite cardholders in the credit card payment page on the HBO GO website at www.hbogoasia.com. Offer 2 Conditions: (a) For new or existing HBO GO users/accounts - cardholders will be charged from the start of their HBO GO subscription, and on a recurring basis, the 12-month HBO GO subscription price, unless the HBO GO service is terminated prior to the end of the 12-month subscription period. For the avoidance of doubt, there shall be no 1-month complimentary trial for such users. (b) Offer 2 applies to the first 12-month cycle, thereafter, it reverts to the standard 12-month HBO GO subscription price. i. A user who had availed the 1-month complimentary trial previously will be able to enjoy Offer 2 for the first 12-month cycle. ii. A user who has an existing paid 12-month subscription will be able to enjoy Offer 32for the next 12-month cycle, thereafter reverting to the standard 12-month HBO GO subscription price. iii. A user who had availed Offer 2 (including those who cancelled the subscription after), will not be entitled to the same offer again. (c) Charges will be billed to the Mastercard card provided by the Mastercard World, World Elite, Platinum, Titanium, Gold, and Standard cardholders in the credit card payment page on the HBO GO website at www.hbogoasia.com. The discounted price for Offer 2 (10% discount for 12-months’ HBO GO subscription) shall be as follows: Offer 3 Conditions: (a) Not applicable for existing HBO GO users/accounts who had enjoyed 1-month complimentary trial previously. (b) Applicable only to first-time subscribers of HBO GO. An existing or past subscriber of HBO GO will not be eligible for Offer 3. (c) Users will be charged from the start of their HBO GO subscription, and on a recurring basis, the 3-month HBO GO subscription price, unless the HBO GO service is terminated prior to the end of the 3-month subscription period. For the avoidance of doubt, there shall be no 1-month complimentary trial for such users. (d) The 30% discount offer applies to the first 3-month cycle, thereafter, it reverts to the standard 3-month HBO GO subscription price. i. A user who had availed the 1-month complimentary trial previously will be not able to enjoy the 30% discount offer. ii. A user who had availed the 30% discount offer for the first 3-month cycle (including those who cancelled the subscription after), will not be entitled to the same offer again. (e) Charges will be billed to the Mastercard card provided by the Mastercard World, World Elite, Platinum, Titanium, Gold, and Standard cardholders in the credit card payment page on the HBO GO website at www.hbogoasia.com. The discounted price for Offer 3 (i.e., 30% discount for 3-months’ HBO GO subscription) shall be as follows:
READ MORESimplified Mechanics 1. Promotion Period: September 16, 2023 - January 15, 2024 a. Registration Period: September 16, 2023 - January 15, 2024 b. Linking Period: September 16, 2023 - January 15, 2024 c. Spending Period: September 16, 2023 - January 15, 2024 d. Submission of Scanned Receipts Period: September 16, 2023 - January 15, 2024 e. Game Playing Period: September 16, 2023 - February 15, 2024 2. The Game a. Play the tile match game in the Zing app and get three matching tiles to win the Grand Prize. b. You can also get (5) or (10) Zing Points if you only get two matching tiles, which you can use to redeem other rewards. c. If no tiles match, you will receive a “Try Again” message. 3. The Grand Prize a. 3 Days 2 Nights in a Deluxe Room with Breakfast for Two (2) at Village Hotel Sentosa i. Digital voucher has to be presented upon check-in. ii. Rooms are subject to availability. Winner must email reseasy@fareast.com.sg to check availability and confirm booking. iii. Booking must be completed by 31 October 2024. b. Round-trip Economy Class tickets via Singapore Airlines for Two (2) i. Winner must contact Singapore Airlines through ph_feedback@singaporeair.com with email subject Mastercard x Ayala Malls Zingapore Winner and provide booking details including Name, Destination and Preferred Date/s of travel. The winner must send the email using the same email address linked to their Zing account. ii. Tickets are subject to seat availability. If seats are unavailable on the preferred travel dates, Singapore Airlines reserves the right to offer alternative dates. iii. Once tickets are redeemed, the tickets are non-transferable, non-reroutable, non-refundable, and valid on Singapore Airlines only. iv. Tickets are non-convertible to cash and must be issued on or before 30 September 2024. Itinerary must be confirmed by 30 September 2024 and travel must be completed by 31 October 2024. v. Prizes are valid for six (6) months after prizes are officially claimed by the winners, subject to terms and conditions of the Airline. Prizes not claimed within sixty (60) calendar days after the receipt of prize certificate will be forfeited in favor of Singapore Airlines. vi. Issues related to the Singapore Airlines transaction should be directed to and will be resolved by Singapore Airlines 4. Eligibility a. The promotion is open to members of Zing registered as Zing Plus Members who have downloaded the Zing app, registered, and linked at least one Philippine-issued credit card (maximum of three credit cards may be linked per customer in Zing) and/or a GCash account. 5. How to Earn Chances to Play a. For new Zing Members who register during the promo period and: i. Link a GCash or non-mastercard credit card: Get one (1) chance, awarded once only ii. Register during the promo period and link a Mastercard credit card: Get four (4) chances, awarded once only b. For existing Zing Members who registered before the promo period but never linked a GCash or credit card: i. Link a GCash or non-mastercard credit card: Get one (1) chance, awarded once only ii. Link a Mastercard credit card: Get four (4) chances, awarded once only c. For Existing Zing Plus members who registered before the promo period and: i. Already has a linked GCash or non-Mastercard credit card ● Cannot earn chances by linking a new GCash or non-Mastercard credit card ● Link a Mastercard credit card: Get four (4) chances, awarded once only ii. Already has a linked Mastercard credit card ● Cannot earn chances by linking a new GCash or non-Mastercard credit card ● Link a new Mastercard credit card (different card number from existing): Get four (4) chances, awarded once only d. Once a Mastercard credit card is linked to the account, Zing Plus members can earn an additional three (3) chances to play for every valid transaction when they spend a minimum of two thousand pesos (Php 2,000.00) on a single receipt in Ayala Malls, paying with their linked Mastercard credit card. i. The earned chances to play, upon meeting the minimum spend using the Mastercard credit card, will be awarded within 14-21 days after the transaction has been verified and posted. ii. This is applicable for all retail, dining, entertainment, and services merchants in participating Ayala Malls as stated in #6. e. Zing Plus members can also earn an additional one (1) chance to play for every valid transaction when they spend a minimum of two thousand pesos (Php 2,000.00) on a single receipt in Ayala Malls, paying with cash. i. Cash receipts must be uploaded in the Zing App using the Receipt Scanning feature and are applicable for all retail, dining, entertainment, and services merchants in participating Ayala Malls as stated in #7. ii. Scanned receipts will require 5 business days for validation, and the earned chance/s to play will be awarded 14 - 21 days after validation date. 6. Participating Malls for Mastercard Purchases 7. Participating Malls for Cash Purchases & Receipt Scanning 8. Prize Claiming a. Zing Points are credited automatically to your points wallet in the Zing App. b. If you win the Grand Prize, Zing will be contacting the winners via email and mobile number based on their valid and registered Zing Membership contact details, and winners must adhere to all requirements needed for verification. i. Winners must claim the Grand Prize within sixty (60) days upon confirmation that they have been validated by Zing. Further instructions on how and where to claim the prize will be sent to the winner. c. All fraudulent, misuse, and abuse-related acts towards the promo will disqualify the user from participating in the promo and winning any of the prizes.
READ MORECelebrate Christmas with Mastercard at Ayala Land Estates and Ayala Hotels! PROMO PERIOD: November 24, 2023 - January 31, 2024 ELIGIBILITY 1. The promotion is open to all principal and supplementary cardholders of Mastercard credit, debit, and prepaid cards issued in the Philippines. 2. Employees of Ayala Land Estates, Ayala Land Hotels and Mastercard, their merchants, maintenance and security agencies, advertising and promotional agencies, and their relatives up to the second degree of affinity or consanguinity, are disqualified from joining the promotion. Per DTI Fair Trade Permit No. FTEB-180903 Series of 2023. 3. To join the promotion, cardholders must use a valid Mastercard card for a minimum P3,000 single receipt purchase at Fairmont Hotel, Spectrum Restaurant, Raffles Hotel, Mireio, Writer's Bar, Holiday Inn & Suites Makati, Flavors Restaurant, Oz Bar, Seda Residences Makati, Misto Makati, Straight Up Bar and Misto Café in Seda Nuvali, Seda Hotel Nuvali 4. Straight and installment transactions using a valid Mastercard card in-store paid via card present are eligible for the promotion. 5. Qualified cardholders can also enjoy: • 20% off on a la carte food and 15% off on drinks from Sunday to Thursday at Mireio & Writers Bar, Raffles Hotel; Flavors Restaurant & Oz Bar, Holiday Inn & Suites Makati; Misto Makati & Straight Up Bar, Seda Residences Makati; and Misto Restaurant (café not included), Seda Hotel Nuvali • 20% off on buffet offer on weekends and 10% discount on weekdays at Spectrum Restaurant (Lunch & Dinner only), Fairmont Hotel; Flavors Restaurant, Holiday Inn & Suites Makati; Misto, Seda Residences Makati; and Misto, Seda Hotel Nuvali • 20% off on hotel accommodations based on Best Available Rate at Fairmont Hotel; Raffles Hotel; Holiday Inn & Suites Makati; Seda Residences Makati; Seda Hotel NuvalI 6. Cardholders whose accounts are suspended or terminated are not eligible to join the promotion. HOW TO JOIN? 1. A minimum P3,000 single receipt purchase at Fairmont Hotel, Spectrum Restaurant, Raffles Hotel, Mireio, Writer's Bar, Holiday Inn & Suites Makati, Flavors Restaurant, Oz Bar, Seda Residences Makati, Misto Makati, Straight Up Bar, Restaurant and Misto Café in Seda Nuvali, and Seda Hotel Nuvali gives the cardholder raffle coupon/s (1 coupon for every P3,000 value) for chance to win a shopping spree or overnight stay at participating hotels. 2. Promotion Period is from November 24, 2023 to January 31, 2024 3. Cardholder must completely fill-out the following details on the microsite: ● Full name ● Email address ● Mobile Number ● Complete Address ● Unique Reference Number (Autogenerated - will be sent via email) 4. Upon completing the registration for your entry and making a minimum single-receipt transaction of P3,000 using a Mastercard, cardholder will receive an email confirmation for your raffle entry, specifying the number of coupons generated. PRIZES 1. Tax (including 20% withholding tax for prizes exceeding P10,000.00) and other expenses that will be incurred in relation to the prize shall be shouldered by Ayala Land Estates and Ayala Land Hotels. 2. Prizes are transferable but not convertible to cash. SELECTION AND NOTIFICATION OF WINNERS 1. All valid entries will be qualified to corresponding # e-raffle tickets are eligible to participate in the eRaffle Draw and have a chance to win. 2. Random winners will be drawn electronically, in the presence of a DTI representative on February 2, 2024. All e-raffle entries will be randomly selected using an E-Raffle Pick Platform (randomizer) to determine the winners. 3. The more raffle entries a participant has, the greater his/her chances of winning more prizes. 4. Each entry can only win once. Winning entries will be removed from the pool and will not be eligible to win twice. 5. Winners will receive a confirmation message through Email informing him/her of the result and the winning prize amount after the official draw and their names will be posted at Ayala Corp, Nuvali, and Make it Makati official Facebook Page. 6. Prizes can be claimed by responding to the email notification from the authorized representative of Ayala Land Partner Agency (Lightweight Solutions). 7. Prizes should be claimed within sixty (60) days from the receipt of notice or it will be forfeited in favor of Ayala Land Estates and Ayala Land Hotels with prior approval of DTI. OTHER TERMS AND CONDITIONS 1. We pledge to plant a tree every raffle entry, with Priceless Planet Coalition (PPC), up to 50k trees. 2. The participant is providing information to Ayala Land and Lightweight Solutions Inc. 3. Promotion is applicable for dine-in and take-out transactions only. 4. Promotion is not eligible in conjunction with any other promo discount or fixed price items, and excludes holidays and special occasions (Dec 24, Dec 25, Dec 31, 2023 and January 1, 2024) 5. Promotion can be availed in a single-receipt transaction only per table per visit 6. Cardholders are allowed to use only one (1) credit card per transaction. Discount is applicable only to one qualified card per transaction, per cardholder. Splitting of a single-transaction for the purpose of availing multiple discounts is prohibited. 7. Cardholders must present and use a valid Mastercard to pay for his/her bill. 8. Offer is non-transferable and non-convertible to or cash gift certificate nor applicable for installment transactions. 9. All other fees pertaining to the transaction (e.g. taxes) will be shouldered by the customer. 10. In the purchase of goods and services in connection with this promotion, persons with disability (PWD)/ Senior Citizens can either avail of the promotion discount or the discount provided under the Magna Carta for Persons with Disability / Expanded Senior Citizen Act of 2010, whichever is higher.
READ MORETo our valued clients, suppliers and stakeholders: We would like to warn you about reports of phone scams where callers are claiming to be connected with Land Bank of the Philippines (LANDBANK) to solicit monetary donations on our behalf. Please be informed that LANDBANK, or any of its officers and employees, will never solicit any favor, whether in cash or in-kind, from our clients, suppliers, stakeholders and the general public. As civil servants, we are bound by Republic Act 6713, otherwise known as the “Code of Conduct and Ethical Standards for Public Officials and Employees.” We likewise strictly adhere to LANDBANK’s Code of Conduct – to be accountable at all times, and to discharge our duties with utmost responsibility, integrity, excellence and professionalism. If you receive such calls, please report this fraudulent incident immediately through our Customer Care Hotline at telephone number (02) 8-405-7000 or 1-800-10-405-7000 (PLDT Domestic Toll-Free Number). You may also email us at reportphishing@landbank.com. Thank you. Download PDF version
READ MORE(seated) LANDBANK President and CEO Lynette V. Ortiz (3rd from right) and Ayala Healthcare Holdings (AC Health) and Healthway Cancer Care Hospital (HCCH) Chairman Paolo Maximo Borromeo (4th from right) formalize a P500-million loan agreement in support of HCCH on 10 January 2024 in Taguig City. Joining them as witnesses from LANDBANK are Executive Vice President Ma. Celeste A. Burgos (2nd from right) and Senior Vice President Lucila E. Tesorero (rightmost), alongside Healthway Medical Network (HMN) and HCCH President and CEO Jaime E. Ysmael (5th from right) and AC Health and HCCH Chief Finance Officer Ruby P. Chiong (leftmost). TAGUIG CITY – The Land Bank of the Philippines (LANDBANK) has granted a P500-million loan to the newly inaugurated Healthway Cancer Care Hospital (HCCH) in Arca South, Taguig City. HCCH is under AC Health’s hospitals and clinics arm, the Healthway Medical Network (HMN), and is the first dedicated comprehensive cancer hospital in the Philippines. The loan will fund the Hospital’s general corporate requirements, which includes acquisition of essential medical equipment, to enhance the hospital’s capacity to provide the best care to patients battling cancer. This is in line with enhancing access to quality and affordable cancer treatment in the country. "Healthcare is a very important pillar to us at LANDBANK. And this P500-million transaction to boost the operations of Healthway Cancer Care Hospital will go a long way towards providing responsive and accessible cancer care. We hope that this is the start of a fruitful and meaningful partnership that will span many years," said LANDBANK President and CEO Lynette V. Ortiz. The signing ceremony was led by LANDBANK President and CEO Ortiz and AC Health and HCCH Chairman Paolo Maximo Borromeo on 10 January 2024 at the Healthway Cancer Care Hospital in Taguig City. Also present as witnesses were LANDBANK Executive Vice President Ma. Celeste A. Burgos and Senior Vice President Lucila E. Tesorero, alongside HMN and HCCH President and CEO Jaime E. Ysmael and AC Health and HCCH Chief Finance Officer Ruby P. Chiong. HCCH offers a range of treatment modalities, including chemotherapy, radiation, surgery, and diagnostics, catering to a broad base of patients. "The involvement of LANDBANK underscores the power of partnerships in creating a sustainable model that addresses the immediate challenges of cancer care while contributing to the larger mission of improving the overall health landscape in the Philippines – allowing us to sustain our facility, to deliver world-class cancer care and implement innovative solutions that drive down costs. LANDBANK’s support is an endorsement of our vision of transformative, inclusive healthcare," said AC Health and HCCH Chairman Borromeo. HMN and HCCH President and CEO Ysmael added, “The generous support extended by LANDBANK has not only provided us with the necessary resources to keep turning our dream into reality but has also reinforced the belief that, when fighting cancer, we are not alone. This support goes beyond monetary value; it reflects a shared commitment to help others.” HMN is a subsidiary of AC Health, which is a wholly-owned subsidiary of the Ayala Corporation. By fostering collaboration and investing in critical healthcare infrastructure, LANDBANK is strengthening the country’s healthcare system and promoting healthier and more fulfilling lives for Filipinos. 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 MOREIloilo Terminal Market vegetable stall owner Jasmin Marasigan now accepts cashless payments via QR code powered by LANDBANK. ILOILO CITY, Iloilo – In line with its commitment to make cashless transactions more accessible, the Land Bank of the Philippines (LANDBANK) has equipped Iloilo City’s public market store owners with the capacity to accept digital payments. Jasmin Mangalisan, a vegetable vendor at the Iloilo Terminal Market, is grateful for the increased security and efficiency in her digital transactions since adopting the use of Quick Response (QR) technology powered by LANDBANK. "Ang cashless nga pagbayad sa akon dako nga bulig sa adlaw-adlaw namon nga negosyo, labi na gid sa mga holiday. Wala na sang peke nga kwarta mabaton, gamay nga sinsilyo na lang kag hapos magbayad sa akon nga mga suppliers gamit ang online transfers," Jasmin said. (“Cashless payment has become a game-changer in our day-to-day business, especially during the holidays. No more fake money scares, less bulky loose change to manage, and it’s easier to pay my suppliers through online transfers”) Aside from the improved security, Jasmin noted the significant convenience that QR payment has afforded her since the recent rollout of PalengQR Ph Plus in Iloilo City. "Ang kwarta na ginabayad sa akon mahapos magamit tungod sa akon LANDBANK account. Kag sa akon nga LANDBANK ATM kag Mobile Banking App, ang pagsulod kag kuha sang kwarta, mahapos na lang," she added (“My collections are readily accessible through my LANDBANK account, and with my ATM card and Mobile Banking App, cash in and out is a breeze.”) The Paleng-QR Ph Plus program is spearheaded by the Bangko Sentral ng Pilipinas (BSP) and the Department of the Interior and Local Government (DILG), which aims to promote the use of QR Ph, the national standard for electronic payments, through QR codes. "LANDBANK is leveraging the transformative power of digitalization to advance cashless transactions across local markets nationwide. In partnership with the BSP and DILG, we are empowering store owners like Jasmin, as we continue to promote financial freedom for all," said LANDBANK President and CEO Lynette V. Ortiz. The Bank's active participation in the PalengQR Ph Plus program nationwide extends beyond Iloilo City. Since August 2022, the Bank has facilitated on-the-spot account openings for market vendors, customers, and public transport drivers nationwide. 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 MOREThe Land Bank of the Philippines (LANDBANK) ended 2023 with an all-time high net income of P40.3 billion—the very first time that it breached the P40-billion mark surpassing its full-year target by P5 billion. The Bank’s 2023 profit translates to a substantial 34% expansion from P30.1 billion in 2022. The robust financial performance was fueled by strong revenues from loans and investments alongside prudent cost management. “LANDBANK’s strong financial performance in 2023 exemplifies sound management committed to deliver remarkable results in a thriving economy. We will build on this growth momentum to further drive meaningful investments in advancing inclusive and sustainable development in the country," said LANDBANK President and CEO Lynette V. Ortiz. LANDBANK’s assets climbed 4.2% to P3.3 trillion, bolstered by strong deposit inflows and income generated from loans and investments. The Bank saw deposits grow by 4.5% to P2.9 trillion. The state-run Bank maintains a stable and robust capital position, with year-end capital jumping to P266.8 billion on the back of strong profitability. This translates to 27% year-on-year growth from P210.6 billion last year. LANDBANK’s financial ratios continued to be at healthy levels, with Capital Adequacy Ratio (CAR) at 16.35% and Common Equity Tier 1 Ratio (CET 1) at 15.46%. Return on equity stood at 16.87%, significantly higher than the 12.15% industry average. This strong financial base will further enhance support for agriculture, fisheries and rural development (AFRD), as well as other key development sectors, in line with the Bank’s broader thrust of serving the nation. From January to December 2023, LANDBANK’s loans granted to various sectors translated to more infrastructure facilities and basic services provided to Filipinos across the country. “We look forward to 2024 as another banner year for LANDBANK, underscoring our commitment to transformative and disruptive digital initiatives. This momentum gives us much optimism towards reaching new milestones in expanding financial inclusion nationwide,” added President and CEO Ortiz. Finance Secretary and LANDBANK Chairman Ralph G. Recto recently met with the LANDBANK Management, and commended the Bank for surpassing its financial targets in 2023, maintaining a strong capital position, and intensifying support to agriculture, fisheries, and rural development. He also lauded the bank's strong support of the national government’s programs and the implementation of various digital platforms. Secretary Recto also assured full support for the bank's strategic initiatives in 2024 for national development lending, treasury and investment, digital banking, and cybersecurity, among other areas. LANDBANK garnered the highest rating for corporate governance in 2022 among government-owned and controlled corporations (GOCCs) in the country from the Governance Commission of GOCCs (GCG). 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 being at the forefront of nation-building through the delivery of responsive services beyond banking.
READ MOREThe Land Bank of the Philippines (LANDBANK) bagged five (5) recognitions at the 2024 Philippine Quill Awards for its exemplary communication campaigns and initiatives. LANDBANK Corporate Services Sector Head, Executive Vice President Alex A. Lorayes (middle) receives the awards for the Bank, with Senior Vice President Catherine Rowena B. Villanueva (3rd from left), First Vice President Vivian M. Cañonero (5th from left), Assistant Vice Presidents Gaudioso Carlos A. Garcia (6th from left) and Melissa B. Calimag (2nd from left), and Unit Heads Joselito G. Ramos (leftmost) and Kurt Dale O. Tordesillas (rightmost). The Land Bank of the Philippines (LANDBANK) garnered five (5) recognitions at the 20th Philippine Quill Awards for its exemplary communication campaigns and initiatives that effectively convey the Bank’s pivotal role and contributions to national development. The state-run Bank received the honors on 23 January 2024 for both the Communication Management and Communication Skills categories, recognizing LANDBANK's strategic communication efforts in servicing its diverse publics and stakeholders. “These Quill awards are a testament to LANDBANK's unwavering commitment to excellence, innovation, and meaningful customer engagement. They inspire us further to continue elevating our service and promoting our advocacies of financial inclusion and sustainability," said LANDBANK President and CEO Lynette V. Ortiz. LANDBANK’s Quill Awards The LANDBANK Serving the Nation Campaign earned a recognition in the Marketing, Advertising and Brand Communication category for effectively reintroducing the Bank's expanded role as a driver of national development. The campaign highlighted LANDBANK's intensified support to the agricultural sector and other key economic sectors. The LANDBANK Serving the Nation Institutional Video was recognized under the Audio and Visual category. With the central theme of "Para sa Kinabukasan ng Bayan," the video showcases the Bank's holistic programs and initiatives is support of its diverse customers. Under the Communication Management category, the Bank’s Hybrid Flag Ceremony was also recognized for the Bank’s innovative response to physical restrictions on mass gatherings, thereby continuing to foster a sense of unity and community among its employees at the height of the global health pandemic. The Bank’s #MyTEStimony campaign received a recognition under the Social Media Category for showcasing the challenges and triumphs of the government’s scholars under the Tertiary Education Subsidy (TES) Program, in partnership with the Commission on Higher Education (CHED). Finally, the LANDBANK Information Security Campaign received a Quill Award for raising the awareness of customers and the general public against various types of online banking fraud to better safeguard their finances. The Philippine Quill Awards, organized by the International Association of Business Communicators (IABC) Philippines, is a prestigious awards program in the field of business communication, celebrating the strategic use of communication to achieve business goals, foster positive stakeholder relationships, and contribute to societal development. 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 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 |
