Join the dynamic team of LANDBANK in pushing for financial inclusivity and countryside development.
READ MORELANDBANK’s Retirement Program is compliant with the appropriate rules and regulations issued by various regulatory bodies. These regulations support lengthy tenures resulting in capable and experienced senior personnel who have dedicated their lives and career to LANDBANK’s mandate. To improve overall work productivity, provide flexibility and retain key personnel, the Bank implements the retirement program for government employees as mandated by the Government Service Insurance System (GSIS). The GSIS offers optional and mandatory retirement schemes covered by applicable retirement laws. This personnel movement across LANDBANK has encouraged the development and growth for its next set of leaders.
READ MOREState-run Land Bank of the Philippines (LANDBANK) is ranked as one of the top 15 companies of the country—and the only government agency—to make it on LinkedIn’s list of best companies to grow one’s career. The global business and professional networking platform recently released its first-ever 2021 LinkedIn Top Companies list in the Philippines showing LANDBANK as among the best companies that “help employees build a professional foundation that sets them up for success both at the company and beyond.” LinkedIn based the list on seven key factors seen to lead to career progression, namely, (1) ability to advance, (2) skills growth, (3) company stability, (4) external opportunity, (5) company affinity, (6) gender diversity, and (7) educational background. “This recognition from LinkedIn affirms LANDBANK’s commitment to support our employees who are our most valuable asset. In LANDBANK, we endeavor to build a culture of service excellence where our employees flourish professionally, and deliver delightful service to our customers,” said LANDBANK President and CEO Cecilia C. Borromeo. LANDBANK said that the seven factors used for the LinkedIn ranking are consistent with the Bank’s efforts to invest in employee success, career development, and equity and inclusion, to ensure it maintains its reputation as an employer of choice. The Bank also prioritizes employees through the implementation of various policies centered on physical and mental wellness, as well as training and development programs. LANDBANK’s mission-vision is imbedded with its commitment to its employees to “develop and nurture talents who exemplify the highest standards of ethics, social responsibility and service excellence,” and “support diversity and cultivate a healthy work environment with equal opportunity for professional growth and advancement.” For more information about LANDBANK’s customer service channels, clients may follow the Bank’s official social media channels at @landbankofficial on Facebook and Instagram, @LBP_Official on Twitter, and @LANDBANK on Viber.
READ MORELANDBANK President and CEO Cecilia C. Borromeo (2nd from left) receives the 2021 UPAA Distinguished Alumni Award for corporate governance in banking and finance from UP Alumni Regent and UPAA President Reynaldo Laserna (3rd from left), UP Vice President for Public Affairs Elena Pernia (leftmost), and UPAA Board Member Romeo Nones (rightmost). (Photo courtesy of UPAA). Land Bank of the Philippines (LANDBANK) President and CEO Cecilia C. Borromeo was recognized as a distinguished alumnus awardee for corporate governance in banking and finance by the University of the Philippines Alumni Association (UPAA). Borromeo received the recognition for her career achievements from UP Alumni Regent and UPAA President Reynaldo Laserna, UP Vice President for Public Affairs Elena Pernia, and UPAA Board Member Romeo Nones on 19 May 2022 during the UPAA Distinguished Alumni Awards celebration. The annual award ceremony honors graduates of the State University for their outstanding achievements in their respective fields of specialization and service. Borromeo completed her Bachelor of Science degree in Agribusiness from the University of the Philippines Los Baños. She holds the distinction of being the only banker to ever hold the presidency of two government financial institutions—LANDBANK and the Development Bank of the Philippines (DBP). Since being appointed as President and CEO of LANDBANK in March 2019, Borromeo has steered the Bank’s intensified support to small farmers and fishers, further solidifying the Bank’s position as the biggest lender to the agriculture sector. LANDBANK’s reach to small farmers and fishers expanded by 270% from 889,669 in June 2019 to 3.29 million as of April 2022. Total agri loan portfolio likewise consistently grew from P236.31 billion in 2019 to P247.85 billion in 2021. Borromeo spearheaded the expansion of LANDBANK’s development thrust to serve other key sectors in support of the Government’s financial inclusion drive, while becoming the country’s second largest bank in terms of assets and deposits. LANDBANK serves as the delivery arm for cash grants for 10 million beneficiaries of the Conditional Cash Transfer and Unconditional Cash Transfer Programs of the DSWD. It also served as conduit for various amelioration especially under the Bayanihan-related programs during the pandemic. Under Borromeo’s leadership, LANDBANK has maintained its dominance as the biggest development partner of the LGU sector towards inclusive and sustainable local development, with all LGUs nationwide maintaining deposit accounts with the state-run Bank. LANDBANK is providing unbanked Philippine Identification System (PhilSys) registrants with transaction accounts. As of April 2022, the Bank has onboarded almost 8 million previously unbanked Filipinos. Borromeo has also led LANDBANK’s digitalization geared towards providing safe, accessible and convenient banking service to meet the growing needs of customers. In 2021, the Bank’s major digital platforms recorded a surge in utilization equivalent to a 19% growth in transactions facilitated and 46% in value. It was also during Borromeo’s term that the Overseas Filipino Bank (OFBank)—a LANDBANK subsidiary—was established as a digital-only and branchless bank – the first Digital Bank in the Philippines. It caters to Overseas Filipino Workers (OFWs), overseas Filipinos, and their beneficiaries. Borromeo’s banking career spans 30 years in agricultural and development lending, treasury and investment banking, public sector lending, corporate banking, global banking, wholesale banking and lending program management.
READ MOREFrom a single restaurant with 30 employees, Antonio "Chef Tony Boy" Escalante managed to translate his love for cooking into a culinary empire of multiple restaurants across the Philippines with support from LANDBANK. TAGAYTAY CITY – Just like having the right ingredients to create gastronomic experiences, to having an excellent team of chefs in the kitchen, it also takes the right people and partnerships to build a successful restaurant business. This adage rings true for Antonio "Chef Tony Boy" Escalante and the remarkable journey of the Antonio’s Group of Restaurants. Chef Tony Boy started his career not in the kitchen but in dentistry school. He then traded the dental chair for the open skies, working as a cabin crew member for Philippine Airlines for nearly a decade. However, he was only able to spread his wings and fly when he finally decided to pursue his ultimate passion – cooking. His culinary journey began at the Regency Park Institute of TAFE in Adelaide, Australia, where he honed his skills through various kitchen jobs before returning home to the Philippines. In Manila, he spent three years refining his culinary skills at the prestigious Tivoli Grill in the Mandarin Oriental Manila. In 2002, Chef Tony Boy's culinary dream materialized with the opening of his namesake restaurant in Tagaytay City. The establishment quickly became a hallmark of fine dining, lauded for its exquisite cuisine and impeccable service. Antonio’s Restaurant soon garnered numerous accolades as one of the country’s most celebrated restaurants. From 2007 to 2014, it consistently won the Best Continental Restaurant Award at Manila's Best Kept Restaurant Secrets Awards. From 2008 to 2013, it was the sole Filipino entry in the Miele Guide's Top 20 Southeast Asian restaurants, even reaching number five in the 2010 edition. Antonio's also secured the top 48th spot on Asia's Best Restaurants in 2015. Expanding the Culinary Vision with LANDBANK Chef Tony Boy wanted to expand Antonio’s operations beyond a single restaurant. In 2006, he established the Escanova Ventures which housed Antonio’s Restaurant and Breakfast at Antonio’s. He then embarked on a new venture in 2015 and put up “Balay Dako,” a restaurant offering traditional local fare and fusion cuisine with great views of Taal Lake. This required significant financial investment, with more capital needed to see plans for further expansion materialize. In 2017, Chef Tony Boy turned to Land Bank of the Philippines (LANDBANK) for a P113-million loan. This was the start of a productive partnership that laid the groundwork for sustained growth and success. The LANDBANK support supplemented Escanova Ventures’ capital, which enabled the expansion of Antonio's Fine Dining and the renovation of Breakfast at Antonio's. The loan also helped build BP One Foods Inc. to spearhead the restaurant chain's expansion across Luzon. The state-run Bank also remained a steadfast partner throughout crises, offering financial solutions and support when Antonio's Group was tested during the 2019 Taal Volcano eruption and the subsequent COVID-19 pandemic. "At the height of the pandemic, LANDBANK was there for us. They provided deferments, helped us analyze our finances, and offered tailored products that perfectly addressed our needs," shared Chef Tony Boy. Basti Escalante led the pivot to distribution and sale of Antonio’s popular products in Metro Manila during the pandemic through Pedro the Grocer. He has since played a significant role focusing on the retail side of the business. From then on, Basti became an active partner, focusing on the retail and business side of the Antonio’s chain of restaurants. This father-and-son collaboration further strengthened the Antonio's Group, allowing them to adapt and thrive amidst challenging circumstances. Empowered by LANDBANK's support, Chef Tony Boy emerged from the pandemic with renewed confidence to expand further. This financial backing and trust allowed the Antonio's Group to navigate the crises and adapt to grow amidst uncertainties. "LANDBANK believed in us, our goals, and how we run our business. This trust, even during the pandemic, was a stamp of approval that gave us the confidence to expand our ventures," said Chef Tony Boy. Cooking a Culinary Legacy What started as a single restaurant with a team of 30 has blossomed into a culinary empire of almost a thousand employees. Today, the Antonio's Group of Restaurants continues to flourish, driven by Chef Tony Boy's passion, Basti's innovative spirit, and the unwavering support of LANDBANK. "With LANDBANK's help, their banking expertise, and the dedication of their employees, we have been able to expand into Metro Manila and other cities. They have been instrumental in realizing our expansion plans," said Chef Tony Boy. Fueled by LANDBANK's commitment to empowering Filipino entrepreneurs, Chef Tony Boy’s story transcends mere culinary success. It's a narrative of how the right ingredients, the right people, and the right partnerships can create a recipe for business excellence. ABOUT LANDBANK LANDBANK is the largest development financial institution in the country promoting inclusive and sustainable development to benefit Filipinos. The Bank is present in all 82 provinces in the country, committed to providing accessible and responsive financial support to key players and industries as part of its broader thrust of serving the nation.
READ MOREConsistent with LANDBANK’s efforts to maintain a healthy workplace for employees, partners and clients, and to implement preventive measures against localize transmission of Coronavirus Disease 2019 (COVID-19), we enjoin all job applicants to send their application through email: lbpcareer@mail.landbank.com or check our job openings at www.landbank.com/careers in lieu of walk-in application, which at this time will not be allowed until further notice. Resumption of regular recruitment activities of the Bank will be announced through the Bank’s various communication channels. For updates, you may check our official Facebook and Twitter accounts. Thank you.
READ MOREAs of Fri, July 26, 2024
Buying | Selling | |
---|---|---|
JPY | 0.37312 | 0.387398 |
EUR | 62.289469 | 64.682046 |
GBP | 73.826223 | 76.661935 |
HKD | 7.434999 | 7.986828 |
USD | 58.25 | 58.75 |
As of Thu, July 25, 2024
UITF | NAVPU |
---|---|
Cash Management Fund | 1.50912 |
Money Market Fund | 1.272521 |
Money Market Plus Fund | 1.184747 |
PERA Money Market Fund | 1.001822 |
Medium-Term Bond Fund | 2.380584 |
Bond Fund | 1.962004 |
PERA Bond Fund | 1.143383 |
Balanced Fund | 2.557097 |
Growth Fund | 2.561758 |
Alpha Equity Fund | 3.22116 |
Blue Chip Equity Fund | 0.988973 |
Equity Fund | 0.825564 |
High Dividend Equity Fund | 0.949222 |
US$ Money Market Fund | 1.397629 |
Global $ Fund | 1.472669 |