LANDBANK Balanga Branch Head Nenita C. Lopez (3rd from right) receives the “Top Performing Bank - Hall of Fame” award from Bataan Governor Jose Enrique S. Garcia III (4th from right) and (R-L) Second District Rep. Albert Raymond S. Garcia, Balanga City Mayor Francis Anthony S. Garcia, Vice Governor Ma. Cristina M. Garcia, and Sangguniang Bayan Member Jowee Nisay-Zabala. BALANGA CITY, Bataan – The Land Bank of the Philippines (LANDBANK) was honored twice by the provincial government of Bataan and the city government of Balanga for its valuable contribution to advancing local recovery and development amid the COVID-19 pandemic. The LANDBANK Balanga Branch ranked among the “Top 25 Highest Business Gross Sales for 2021” and for supporting economic resurgence in Balanga, while also bagging the “Top Performing Bank” award for the third straight year—earning it the prestigious distinction as a “Hall of Fame” awardee. LANDBANK Balanga Branch Head Nenita C. Lopez received the recognitions during the 2022 Galing! Bataan Awards Night and 3rd Invest Balanga Awards Night, anchored on the theme, "Husay at Tatag ng Bataeño, Susi sa Maunlad na Pagnenegosyo” on 29 July 2022 at the Vista Mall-Bataan. “LANDBANK remains at the frontlines in delivering accessible and unhampered banking and financial services to local communities, especially in response to the COVID-19 pandemic. Together with our LGU partners, this forms part of our expanded mandate in serving the nation,” said LANDBANK President and CEO Cecilia C. Borromeo. The awarding event was jointly organized by the City Economic and Investment Development Office (CEIDO) of Balanga and the Provincial Cooperative Enterprise and Development Office (PCEDO) that aims to celebrate the collaboration among local business communities. Through the years, LANDBANK has grown into one of the leading universal banks in the country, while remaining faithful to its social mandate to promote inclusive and sustainable development. On 8 August 2022, the Bank celebrated its 59th anniversary, representing almost six decades of service to the nation.
READ MOREPresident Ferdinand R. Marcos Jr. (center), Senator Maria Imelda “Imee” R. Marcos (2nd from right), and Department of Agrarian Reform Secretary Conrado Estrella III (rightmost), are joined by LANDBANK President and CEO Cecilia C. Borromeo (4th from right) and Executive Vice President Alex A. Lorayes (leftmost) during the signing of the executive order imposing a one-year moratorium on payments for land amortization and interests of agrarian reform beneficiaries (ARBs) at Malacañang Palace, Manila on 13 September 2022. State-run Land Bank of the Philippines (LANDBANK) welcomes the imposition of a year-long moratorium on land amortization and interest payments of agrarian reform beneficiaries (ARBs) for agricultural lands distributed under the Comprehensive Agrarian Reform Program (CARP), meant to provide financial relief to over 650,000 ARBs whose income were adversely affected by the on-going health pandemic. President Ferdinand R. Marcos Jr. signed on 13 September 2022 an Executive Order to freeze CARP payments for a year, thereby allowing ARBs to save and utilize funds for farm development and improved productivity. “LANDBANK fully supports this landmark initiative to advance the interest and welfare of agrarian reform beneficiaries. Rest assured that we will continue to complement the National Government’s development agenda for ARBs and strategic land reforms,” said LANDBANK President and CEO Cecilia C. Borromeo. LANDBANK serves as the collection agent of the National Government for land amortizations from ARBs, pursuant to its mandate as the financial intermediary of CARP. All collections are remitted by the Bank to the Bureau of the Treasury (BTr) as part of the revenue of the National Government. The Bank is also responsible for determining the land valuation and compensation for all lands covered under CARP. It likewise facilitates land transfer payment, and handles Agrarian Reform (AR) bond servicing transactions such as bond transfer, conversion, exchange and replacement, among others. Meanwhile, LANDBANK continues to offer financial assistance to ARBs and their organizations, or the Agrarian Reform Beneficiary Organizations (ARBOs), through the Credit Assistance Program for Program Beneficiaries Development (CAP-PBD) for crop production, agri-enterprise or livelihood, and other agri-related projects. The program is being implemented in partnership with the Department of Agrarian Reform (DAR) to provide capacity building and enterprise development support or interventions to ARBs and ARBOs, aimed at strengthening and improving their organizations’ operations and productivity. 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) which provides a contingent credit facility to ARBOs and its members who were adversely affected by natural calamities or disasters, pest and diseases, and other viral infections or outbreaks. LANDBANK’s combined releases under CAP-PBD and E-ARISE-ARBs have reached P720.2 million as of 30 June 2022, benefitting more than 200 ARBOs with more than 11,000 ARBs and small farm holder-members nationwide. In partnership with DAR, LANDBANK is also addressing the credit needs of individual ARBs who are not members of an ARBO through the Accessible Funds for Delivery to ARBs (AFFORD ARBs) Lending Program. The Bank has extended loan assistance amounting to P468.6 million to more than 1,700 borrowers under the Program as of end-June 2022.
READ MOREThe Land Bank of the Philippines (LANDBANK) is warning customers and the general public of an online scam that is using Google Ads that lead to a fake LANDBANK phishing website, designed to steal personal and financial information. LANDBANK has not placed any ads on Google. The Bank is currently working with Google to bring down these misleading ads the soonest time possible. For your security, the public is advised to directly visit the official LANDBANK website (www.landbank.com) and use the available URLs/links located in the website to access the Bank’s digital banking channels, including the official iAccess website (www.lbpiaccess.com). The LANDBANK Mobile Banking App (MBA) can also be used for safer online transactions. The Bank also reminds the public to be more critical of phishing websites masquerading as official LANDBANK websites, and to remain vigilant against phishing scams and all other forms of online banking fraud. Please do not open suspicious emails, links and attachments, and never share your account and personal information to anyone. Official LANDBANK representatives will never ask for critical financial and banking information from our customers. LANDBANK customers may report fraudulent activities to their respective handling Branch or through the LANDBANK Customer Care Hotline through (02) 8-405-7000 or 1-800-10-405-7000, or via email at customercare@mail.landbank.com.
READ MOREBongabong Municipal Mayor Elegio A. Malaluan (5th from left) and Vice Mayor Richard S. Candelario (4th from left), together with LANDBANK representatives, lead the groundbreaking ceremony at the LGU municipal compound on 6 September 2022. The activity was witnessed by LGU officials and several local businessmen from the Municipality. BONGABONG, Oriental Mindoro – To better serve the requirements of farmers and fishers, a Land Bank of the Philippines (LANDBANK) Agri-Hub will soon rise at the compound of the Municipal Government of Bongabong. Bongabong Mayor Elegio A. Malauan, together with LANDBANK Oriental Mindoro Lending Center Head, Assistant Vice President Edwin Roel Ramos; Calapan San Vicente Branch Head, Department Manager Ferdinand E. Abas; and Pinamalayan Branch Head Lizza Mae D. Camposano, led the groundbreaking ceremony on 6 September 2022. Mayor Malauan expressed his gratitude to LANDBANK, as the new touchpoint in the locality will spur local economic growth and development—which are priorities under his administration. “The establishment of this Agri-Hub is a testament to our continued commitment to serve key players in the agribusiness value chain. We hope to generate more economic opportunities and activities in the Municipality and nearby areas,” LANDBANK President and CEO Cecilia C. Borromeo said. The construction of the LANDBANK Bongabong Agri-Hub is set to commence within the month and expected to be inaugurated in late December 2022, in addition to the Bank’s 10 existing Agri-Hubs nationwide. The Bongabong Agri-Hub will provide accessible financial services mainly to the 12,233 farmers and fishers in the Municipality, to complement the nearest LANDBANK Lending Center in Calapan City. The Agri-Hub will also deliver banking services to public and private clients of the Bank, including 5,360 beneficiaries of National Government’s Conditional and Unconditional Cash Transfer (CCT/UCT) Programs in the Municipality. The LANDBANK touchpoint will be equipped with various digital banking platforms, including the Digital Onboarding System (DOBS), which simplifies the account opening process for new clients to only 10-15 minutes.
READ MOREThe Land Bank of the Philippines (LANDBANK) announced today that it does not send official emails and text messages with clickable hyperlinks, as part of the Bank’s continuing efforts to ramp-up security and better protect customers against the prevalence of phishing and other online scams. All emails and text messages allegedly from LANDBANK or a representative of the Bank that has a clickable link is definitely fake and part of a scam. LANDBANK customers and the general public are advised not to click hyperlinks in these fake emails and text messages, and to immediately report receipt of the same to their respective Branches of account or through the LANDBANK Customer Care Hotline at (02) 8-405-7000 or 1-800-10-405-7000, or via email at customercare@mail.landbank.com. The Bank also recently warned of an online scam that uses Google Ads that lead to fake LANDBANK phishing websites. LANDBANK reiterated that it has not placed any ads on Google. The public is advised to remain vigilant against phishing websites masquerading as official LANDBANK websites, as well as all other forms of online banking fraud. Never share your account and personal information to anyone, as official LANDBANK representatives will never ask for critical financial and banking information from customers.
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 MORE(left photo) Bangko Sentral ng Pilipinas (BSP) Governor Felipe M. Medalla (4th from left), Monetary Board Member Eli M. Remolona (2nd from left), Deputy Governor Bernadette Romulo-Puyat (leftmost), and Davao City Vice Mayor Jay Melchor B. Quitain, Jr. (3rd from left) are joined by LANDBANK officers during the launch of the Paleng-QR Ph at the Bankerohan Public Market in Davao City on 23 November 2022. (right photo) A LANDBANK Mobile Branch is deployed during the launch event to facilitate on site LANDBANK account opening among market vendors, shop owners and market goers. DAVAO CITY – The Land Bank of the Philippines (LANDBANK) is stepping-up to accelerate the adoption of cashless transactions in this City’s biggest public market, in support of the Central Bank's thrust of transforming the country into a cash-lite economy. LANDBANK joined the Bangko Sentral ng Pilipinas (BSP), the Department of Interior and Local Government (DILG), and the City Government of Davao during the launch of the Paleng-QR Ph program at the Bankerohan Public Market last 23 November, to provide local stakeholders with their own bank accounts. The LANDBANK Mobile Branch was deployed to facilitate on-the-spot account opening among market vendors and shop owners, as well as market goers. New LANDBANK account holders were automatically enrolled in the LANDBANK Mobile Banking App (MBA), which can facilitate the transfer and receipt of funds via Quick Response (QR) code. “LANDBANK fully supports the Paleng-QR Ph program in encouraging local communities to adopt cashless payments. We are bringing digital payments closer to consumers to make everyday transactions faster, safer and more convenient, where development is truly inclusive,” said LANDBANK President and CEO Cecilia C. Borromeo. The Overseas Filipino Bank (OFBank), the official digital bank of the Philippine government and a subsidiary of LANDBANK, also participated in the event and offered its deposit products to Davaoeños. The launch of Paleng-QR Ph in Davao City was spearheaded by BSP Governor Felipe M. Medalla and Mayor Sebastian Z. Duterte. They were joined by BSP Monetary Board Members Antonio S. Abacan, Jr., V. Bruce J. Tolentino, Anita Linda R. Aquino and Eli M. Remolona, and Deputy Governors Eduardo G. Bobier and Bernadette Romulo-Puyat, DILG XI Assistant Regional Director Abdullah Matalam, and Vice Mayor Jay Melchor B. Quitain, Jr. Jointly developed by the BSP and DILG, the Paleng-QR Ph program aims to build the digital payments ecosystem in the country by promoting cashless payments in public markets and local transportation, particularly tricycles. LANDBANK has been supporting the BSP’s digitalization thrust by providing its customers with innovative digital banking platforms. Most recently, the Bank launched the LANDBANKPay, an all-in-one mobile wallet that allows users to conveniently pay bills, load up mobile phones and tollway RFID accounts, make online purchases, as well as transfer funds anytime, anywhere. Since the pandemic started, LANDBANK has also recorded a consistent increase in customer demand for digital financial transactions. In the first three quarters of the year alone, the Bank facilitated a total of 111.3 million transactions amounting to P4.6 trillion across its major digital platforms, for 15% and 169% year-on-year growths in volume and value, respectively. The LANDBANK MBA topped the list in terms of transaction volume facilitated, after recording 87.6 million transactions worth P154.3 billion.
READ MOREDICT Secretary Ivan John E. Uy (4th from right) and LANDBANK President and CEO Cecilia C. Borromeo (2nd from right) sign the Inter-Government Agency Memorandum of Understanding (MOU) for E-Governance on 2 December 2022 at the Marriot Hotel in Pasay City, Manila, together with (from L-R) MinDa Chairperson Maria Belen S. Acosta, GSIS President and General Manager Jose Arnulfo Veloso, DTI Usec. Herminio C. Bagro III, DILG Usec. Lord A. Villanueva, and SSS President Michael Regino. The Land Bank of the Philippines (LANDBANK) and the Department of Information and Communications Technology (DICT) have partnered to synergize initiatives in ensuring the interoperability of the applications and systems of both institutions. DICT Secretary Ivan John E. Uy and LANDBANK President and CEO Cecilia C. Borromeo formalized the collaboration with a Memorandum of Understanding (MOU) signed during the Inter-Government Agency MOU Ceremonial Signing for E-Governance event on 2 December 2022 at the Marriot Hotel in Pasay City, Manila. Under the MOU, LANDBANK and DICT will harmonize, coordinate, and integrate their Information and Communications Technology (ICT) efforts, which include resource sharing, database building and agency networking linkages. “Our Memorandum of Understanding with the DICT represents another significant step in LANDBANK’s digital transformation journey, leveraging on innovative partnerships and investing in digital solutions to deliver secure financial services and products to our customers,” said President Borromeo. From January to October 2022, LANDBANK’s major digital banking platforms have facilitated a total of 123.3 million transactions amounting to P4.8 trillion, translating to 14% and 156% year-on-year growths in volume and value, respectively. The LANDBANK Mobile Banking App (MBA) for retail customers recorded 97 million transactions amounting to P171.3 billion for 18% and 28% growth rates, respectively. The Bank’s corporate internet banking platform, the LANDBANK weAccess, facilitated 14.2 million transactions worth P3 trillion, representing an unprecedented 664% jump in value from the same period last year. The LANDBANK Electronic Modified Disbursement System (eMDS) for national government partners logged 1.9 million transactions with total value of P1.6 trillion, translating to increases of 17% and 20% in transactions and value, respectively. Meanwhile, the LANDBANK iAccess continued to post a 16% growth in transaction value amounting to P14.3 billion from 4.3 million transactions. The Bank’s web-based payment facility, the LANDBANK Link.BizPortal, likewise continued to record a 50% rise in transaction volume with 4.9 million transactions worth P9.8 billion. Lastly, the LANDBANK Bulk Crediting System (LBCS) facilitated transactions worth P18.9 billion for a significant 608% leap compared to the same period last year.
READ MOREBudget Secretary Amenah F. Pangandaman (2nd from left) and LANDBANK First Vice President Reynaldo C. Capa (rightmost), together with representatives from other partner banks, lead the signing of the Memorandum of Agreement for the Online Release of Notice of Cash Allocation (NCA) on 07 December 2022 at the DBM Head Office in Manila. The Department of Budget and Management (DBM) and the Land Bank of the Philippines (LANDBANK) have joined hands for the online release of Notice of Cash Allocation (NCA) to expedite the crediting of funds to government agencies. Budget Secretary Amenah F. Pangandaman and LANDBANK Banking Services Group First Vice President Reynaldo C. Capa signed the Memorandum of Agreement for the Online Release of NCA in the Action Document Releasing System (ADRS) on 07 December 2022 at the DBM Head Office in Manila to formalize the partnership. They were joined by Deputy Treasurer Eduardo Anthony G. Mariño III, Anti-Red Tape Authority Officer-in-Charge Ernesto V. Perez, and representatives from other partner banks. Under the agreement, the DBM and LANDBANK will be working together to institutionalize the release of NCAs in digital format. This will eliminate the unnecessary steps of printing, signing, routing and releasing of printed documents, thus making the funds available for the programs, activities, and projects of agencies in the most immediate time. “LANDBANK is committed to play our role in ensuring a more streamlined and efficient process in releasing NCAs. We will continue to find avenues for collaboration to promote the immediate delivery of efficient and meaningful public service,” said LANDBANK President and CEO Cecilia C. Borromeo. The digital release of NCAs is in line with the implementation of Republic Act No. 8792 or the Electronic Commerce Act of 2000, and Republic Act No. 11032 or the Ease of Doing Business and Efficient Government Service Delivery Act of 2018. LANDBANK has been doing its share in establishing a digital payment ecosystem, as part of promoting the Ease of Doing Business and efficient government service delivery. From January to October 2022, LANDBANK’s major digital banking platforms have facilitated a total of 123.3 million transactions amounting to P4.8 trillion, for 14% and 156% year-on-year growths in volume and value, respectively.
READ MORE(clockwise from upper left) Bureau of Fisheries and Aquatic Resources (BFAR) Fisheries Planning and Economics Division Chief Maria Abegail A. Albaladejo and LANDBANK Corporate Affairs Group Head, Vice President Vivian M. Cañonero lead the fifth run of the LANDBANK AgriSenso Virtual Forum to discuss opportunities in boosting the local fisheries sector. Joining them are LANDBANK Program Management Department I Program Officer Edgardo C. De Guzman and client Joseph Anthony P. Lanzar. State-run Land Bank of the Philippines (LANDBANK) continues to intensify its support to the fisheries sector, with outstanding loans reaching P2.8 billion as of end-November 2022. In the fifth run of the LANDBANK AgriSenso Virtual Forum which recently gathered over 115 fishers and other stakeholders nationwide, LANDBANK shared available lending programs designed to boost the contribution of the fisheries sector in achieving food self-sufficiency in the country. LANDBANK Corporate Affairs Group Head, Vice President Vivian M. Cañonero, and Program Management Department I Program Officer Edgardo C. De Guzman led the discussions, as Department of Agriculture - Bureau of Fisheries and Aquatic Resources (DA-BFAR) Fisheries Planning and Economics Division Chief Maria Abegail A. Albaladejo presented the National Government’s development plan to further boost the local fisheries value chain, including ramping up activities to increase the country’s fish production. LANDBANK loan availer Joseph Anthony P. Lanzar from Davao del Sur also shared the successful expansion of his aquaculture business through LANDBANK’s support. The Bank is offering the Sustainable Aquaculture Lending Program (SALP) or “Pagsasakang Pantubig” to provide credit assistance to fishers’ associations, cooperatives or federations, non-government organizations (NGOs), micro, small and medium enterprises (MSMEs), large agribusiness enterprises, and countryside financial institutions (CFIs). Eligible projects under the program cover the whole value chain of fishery, mariculture, aquaculture and supporting economic activities, such as breeding, hatchery, nursery, production, grow out, fish culture, seaweed farming, processing, trading and other ancillary services. The LANDBANK SALP or “Pagsasakang Pantubig” is anchored on institutional buyers or processing and canning companies linked with fishers’ cooperatives associations or MSMEs as growers or suppliers. LANDBANK also provides credit assistance under the Commercial Fishing Vessel Financing Program to assist existing and prospective commercial fishing operators in acquiring fishing vessels for domestic or overseas use. The program caters to single proprietorships, partnerships, cooperatives and corporations, for the purchase or acquisition of brand-new, second-hand or refurbished commercial fishing boats and related equipment. The LANDBANK AgriSenso Virtual Forum forms part of the Bank’s overall support to the agriculture sector, facilitated by the LANDBANK Corporate Affairs Group (CAG) together with the National Development Lending Sector (NDLS) – Lending Program Management Group (LPMG).
READ MOREAs of Thu, April 24, 2025
| Buying | Selling | |
|---|---|---|
| USD | 56.25 | 56.75 |
| JPY | 0.389379 | 0.404772 |
| EUR | 63.075598 | 65.573405 |
| GBP | 73.815795 | 76.738916 |
| HKD | 7.22993 | 7.775431 |
As of Wed, April 23, 2025
| UITF | NAVPU |
|---|---|
| Cash Management Fund | 1.557277 |
| Money Market Fund | 1.310499 |
| Money Market Plus Fund | 1.222999 |
| PERA Money Market Fund | 1.023529 |
| Medium-Term Bond Fund | 2.470284 |
| Bond Fund | 2.024201 |
| PERA Bond Fund | 1.198958 |
| Balanced Fund | 2.586074 |
| Growth Fund | 2.562272 |
| Alpha Equity Fund | 2.965405 |
| Blue Chip Equity Fund | 0.955259 |
| Equity Fund | 0.775159 |
| High Dividend Equity Fund | 1.007571 |
| US$ Money Market Fund | 1.431701 |
| Global $ Fund | 1.516504 |
