LANDBANK officers and local government officials lead the opening of four (4) new Agri-Hubs located in (clockwise from upper left) San Fernando, Bukidnon; Plaridel, Misamis Occidental; Bongabong, Oriental Mindoro; and Claveria, Misamis Oriental. This brings the total number of LANDBANK Agri-Hubs in the country to 16 as of end-2022, designed to deliver financial services closer to farmers and fishers nationwide. The Land Bank of the Philippines (LANDBANK) wrapped-up 2022 with the opening of four (4) new Agri-Hubs located in the provinces of Oriental Mindoro, Bukidnon, Misamis Occidental and Misamis Oriental, expanding its physical touchpoints to better serve farmers and fishers in the country. The state-run bank established the four Agri-Hubs in the last week of December, which will provide combined services of banking, lending and agrarian services to the country’s top rice-producing provinces, including unbanked and underserved rice farming areas. “Our continued expansion of LANDBANK Agri-Hubs across the country forms part of our commitment to deliver responsive and timely financial services to the agriculture sector, especially to small farmers and fishers. We strive to make our banking products and services more accessible especially in underserved areas to help boost agricultural production and build stronger local communities,” said LANDBANK President and CEO Cecilia C. Borromeo. LANDBANK opened its 13th Agri-Hub in the country in Plaridel, Misamis Occidental, to primarily serve over 23,000 farmers and fishers within the municipality and its neighboring town of Lopez Jaena under the leadership of Plaridel Agri-Hub Head Deborah L. Dalid. Plaridel Vice Mayor Neite Gornez and LANDBANK Calamba (Misamis Occidental) Branch Manager Gina P. Baliton graced the opening of the Plaridel Agri-Hub on 26 December 2022. LANDBANK established another Agri-Hub in Claveria, Misamis Oriental, to cater to the banking requirements of more than 13,000 farmers and fishers in the municipality. Claveria Mayor Meraluna L. Salvaleon-Abrogar, Vice Mayor Reynante L. Salvaleon, LANDBANK Vice Presidents Lina K. Pacio and Jimmy P. Arco, and Claveria Agri-Hub Head Marlita M. Cagas led the opening of the Claveria Agri-Hub on 28 December 2022. Meanwhile, the Agri-Hub in San Fernando, Bukidnon was inaugurated on 29 December 2022 by San Fernando Mayor Rogelio C. Yeke, Vice Mayor Levi C. Edma, LANDBANK Valencia Branch Head Madelyn A. Rodriguez and San Fernando Agri-Hub Head Agnesita M. Llauder to service the municipality’s 24 barangays, including 11,000 farmers and fishers. On the same day, a LANDBANK Agri-Hub in Bongabong, Oriental Mindoro was opened by Bongabong Mayor Elegio A. Malaluan, Vice Mayor Richard S. Candelario, LANDBANK Pinamalayan Branch Head Lizza Mae F. Camposano and Bongabong Agri-Hub OIC May Fatima Torres, to provide accessible financial services mainly to the 12,233 farmers and fishers in Bongabong. They were joined by Calapan Branch Head Ferdinand E. Abas, Roxas Mindoro Branch Head Lolita V. Apostol, Oriental Mindoro Lending Center OIC Elisa A. Laudencia, and Agrarian Operations Center IV Representative Henrich M. Ibaña. LANDBANK Agri-Hubs offer banking services such as account opening, withdrawals, and check encashments; lending services such as the processing of loan applications; and agrarian services such as processing of Agrarian Reform (AR) bonds and handling of agrarian-related concerns from landowners, bondholders, and agrarian reform beneficiaries (ARBs). The opening of LANDBANK’s new Agri-Hubs raises the total number of the Bank’s Agri-Hubs in the country to 16, complementing the Bank’s 607 Branches and 58 Lending Centers nationwide, as of end-December 2022.
READ MOREPresident Ferdinand R. Marcos Jr. (leftmost), who is also Agriculture Secretary, extends his compliments to LANDBANK in the last run of the AgriSenso Virtual Forum on 05 January 2023, for supporting his administration’s development agenda towards revitalizing the agriculture sector. Finance Secretary and LANDBANK Chairman Benjamin E. Diokno (top row, rightmost) and LANDBANK President and CEO Cecilia Cayosa Borromeo (bottom row, rightmost) also delivered their messages, as Bank officers and other government partners lead the discussions on agri-mechanization, climate resilient agriculture, and greenhouse farming. President and concurrent Agriculture Secretary Ferdinand R. Marcos Jr. commended the Land Bank of the Philippines (LANDBANK) for supporting his administration’s development agenda for the agriculture sector through a series of virtual forums with local agri players to discuss present challenges and opportunities of growth. “I congratulate Land Bank of the Philippines for taking the initiative to advance this administration’s mission of revitalizing the agricultural sector through the AgriSenso Virtual Forums,” said President Marcos in his video message during the last run of the LANDBANK AgriSenso Virtual Forum on 05 January 2023. “This event is the perfect platform for key stakeholders to address matters of utmost urgency as we face modern-day challenges, along with the difficulties that have plagued the industry since time immemorial,” he added. For his part, Finance Secretary and LANDBANK Chairman Benjamin E. Diokno highlighted the crucial role of LANDBANK in supporting agri players by ensuring that the entire agri value chain has access to much-needed credit and other financial services, as he emphasized the importance of an efficient and modern agriculture sector to ensure food security and reduce poverty incidence. Apart from fostering collaboration among industry key stakeholders, LANDBANK President and CEO Cecilia Cayosa Borromeo said that the AgriSenso Virtual Forum is a good opportunity to offer LANDBANK’s financing programs and other support interventions. "LANDBANK fully supports the national government in realizing the development blueprint of this administration in modernizing the agriculture sector and achieving food sufficiency for the Philippines," she said. The seven sessions of the LANDBANK AgriSenso Virtual Forum, which ran from August 2022 to January 2023, gathered over 1,600 agricultural industry players and stakeholders nationwide to discuss key issues and concerns towards improving productivity and income. Each session was attended by industry experts from the Department of Agriculture (DA), Department of Agrarian Reform (DAR), and other concerned agencies who shared successful initiatives, industry challenges, and development plans of the National Government for each agriculture sub-sector. Moderated by LANDBANK Vice President for Corporate Affairs Vivian M. Cañonero, the last AgriSenso Virtual Forum put the spotlight on agri-mechanization, climate resilient agriculture and greenhouse farming as the latest developments in the agriculture sector. The forum highlighted the importance of adopting modern farming technologies to reduce production costs and post-harvest losses, and enable agri players to increase farm productivity and income. The forum featured Bureau of Agricultural and Fisheries Engineering (BAFE) Engr. IV Maria Evic Quigao, Philippine Center for Postharvest Development and Mechanization (PhilMech) Senior Science Research Specialist Engr. Allen Denver V. Mangaoil, LANDBANK Program Management Department I, Assistant Vice President Engr. Edgardo S. Luzano, and LANDBANK client Engr. Romeo S. Vasquez. In support of the country’s agricultural mechanization and transformation, LANDBANK offers the Agri-Mechanization Financing Program, with total cumulative loan releases of P687.7 million as of 30 November 2022 for the benefit of over 890 farmers. LANDBANK also provides credit assistance under the Climate Resilient Agriculture Financing Program, to promote climate change mitigation and adaptation initiatives towards climate resilient agriculture. The Bank’s total loan releases under this program reached P1.9 billion as of end-November 2022. Meanwhile, to help farmers shift towards a modern farming system through the adoption of greenhouse technology, LANDBANK is offering the Financing Program for Greenhouse Farming System. As of end-November 2022, the Bank has released a total of P8.6 million under the program. 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).
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READ MORE(left photo) LANDBANK Senior Vice President Ma. Belma T. Turla (2nd from right) and Philippine Crop Insurance Corporation (PCIC) Acting Senior Vice President Segundo H. Guerrero, Jr. (8th from right) lead the pilot delivery of crop insurance claims to farmer-beneficiaries via LANDBANK Prepaid Cards on 30 January 2023 at the LANDBANK Pangasinan Corporate Center. They are joined by PCIC Regional Manager Raul A. Servito (leftmost) and LANDBANK Urdaneta Branch Head Marlene M. Mendoza (rightmost). (right photo) One of the beneficiaries conveniently withdraws her insurance proceeds from a LANDBANK ATM. URDANETA CITY, Pangasinan – Leveraging on digital solutions to facilitate the fast and efficient delivery of government assistance, the Land Bank of the Philippines (LANDBANK) and the Philippine Crop Insurance Corporation (PCIC) piloted the disbursement of crop insurance claims via LANDBANK Prepaid Cards to farmers whose crops were affected by calamities and disasters. The first batch of seven farmer-beneficiaries from Region 1 received a combined P46,400 worth of initial indemnity claims credited through their LANDBANK Prepaid Cards, with five of them present during the ceremonial distribution activity on 30 January 2023. “Through our partnership with PCIC, we aim to enhance the delivery of insurance claims and make our banking services more accessible to farmers. This forms part of LANDBANK’s digital thrust of promoting financial inclusion to make banking more convenient for every Filipino,” said LANDBANK President and CEO Cecilia Cayosa Borromeo. LANDBANK Senior Vice President Ma. Belma T. Turla and PCIC Acting Senior Vice President Segundo H. Guerrero, Jr. led the distribution activity at the LANDBANK Pangasinan Corporate Center, together with PCIC Regional Manager Raul A. Servito and LANDBANK Urdaneta Branch Head Marlene M. Mendoza. As of 27 January 2023, PCIC has requested LANDBANK to produce a total of 52,236 Prepaid Cards for its farmer-beneficiaries. Of this number, LANDBANK has released 34,847 Prepaid Cards to PCIC, who will facilitate the card distribution to its farmer-beneficiaries. The farmer-recipients will be able to conveniently receive their indemnity claims in succeeding disbursements schedules. The Bank is also ramping-up the card production for 17,389 farmer-beneficiaries nationwide as endorsed by PCIC. Under a Memorandum of Agreement (MOA) signed in April 2022, LANDBANK targets to provide Prepaid Cards and facilitate the timely crediting of insurance proceeds to around 1.8 million PCIC beneficiaries. Through the LANDBANK Prepaid Cards, farmers can conveniently withdraw cash from 2,997 LANDBANK ATMs in the country. They can likewise perform cash withdrawals free-of-charge from 2,323 ATMs at selected 7-Eleven convenience stores. The LANDBANK Prepaid Cards can also be used to make cashless purchases via Point-of-Sale (POS) terminals in participating stores, such as drugstores and groceries, as well as transact with the Bank’s 1,056 Agent Banking Partners (ABPs) nationwide.
READ MOREThe Land Bank of the Philippines (LANDBANK) launched today a new scholarship program designed to assist deserving dependents of agrarian reform beneficiaries (ARBs) and small farmers and fisheries nationwide. Under the “Iskolar ng LANDBANK Program,” the Bank has allotted a total of P128 million to cover the educational expenses of 360 scholars from 2023 to 2028. The Iskolar ng LANDBANK Program carries the theme: “600@60: Developing scholars and nurturing talents towards serving the nation,” representing the Bank’s target 600 scholar graduates—which includes graduates from the Bank’s previous scholarship program—in celebration of LANDBANK’s 60th anniversary this year. “LANDBANK is committed to develop and nurture students as we assist in their journey from education to employment. The Iskolar ng LANDBANK Program underscores our efforts toward this end, and forms part of our intensified support to the agri sector. We are opening opportunities for the youth to improve the lives of their families and their communities, guiding them to successfully join our workforce and become significant contributors to nation-building,” said LANDBANK President and CEO Cecilia Cayosa Borromeo. Eligible scholars under the Program are the children and grandchildren of ARBs and small farmers and fishers who are high school graduates, with a minimum average grade of 90% or belonging to the top 10% of their class. The scholarship will support 60 new scholars annually starting this year until 2028, and provide each with P100,000 per year to cover allowance and expenses for books, clothing, and other course requirements. Special cash incentives will also be awarded to scholars who will graduate with honors. The scholars have 12 eligible courses to choose from, namely horticulture, animal science, food technology, data analytics, information technology, accounting, agribusiness management, and agricultural, IT, industrial or management, civil, and mechanical engineering. The state-run Bank is set to partner initially with 12 State Colleges and Universities (SUCs) nationwide, to accommodate scholars in NCR; Northern, Central and Southern Luzon; Visayas; and Mindanao. Iskolar graduates will be also offered on-the job (OJT) training in LANDBANK Branches and Lending Centers, including the Bank’s partner agencies and institutions. The Iskolar ng LANDBANK Program will be managed by the LANDBANK Countryside Development Foundation, Inc. (LCDFI), the Bank’s corporate foundation which provides trainings and capacity-building programs.
READ MOREINTRAMUROS, Manila – The Land Bank of the Philippines (LANDBANK) officially inaugurated today, 14 February 2023, a three-story learning facility that will host in-house learning and development programs for its personnel. This forms part of the Bank’s efforts to ensure that Landbankers consistently exemplify the highest standards of service excellence. Located along Cabildo Street in Intramuros, Manila, the LANDBANK Leadership and Development Center (LLDC) will provide a conducive environment for learning, with nine training rooms that can accommodate over 200 participants. The center also features a lodging facility for the Bank’s employees coming from outside Metro Manila, and additional rooms dedicated for program trainers and facilitators. The inauguration of the LLDC is one of the Bank’s major activities leading up to its 60th anniversary of serving the nation on 8 August 2023.
READ MOREVisa – Jollibee Promo Mechanics Promo Details: 1. This promo is open to all Visa Credit, Debit, or Prepaid Cardholders. 2. The promo period is from February 15, 2023 to March 1, 2023. Promo is extended until April 30, 2023, as approved by DTI-FTEB. 3. To qualify for the promo, the Cardholder should use any qualified Visa card within the promo period for a minimum food purchase of PHP 500 at any Jollibee participating store. 4. Qualified Cardholders are entitled to one (1) FREE Jollibee treat of their choice from the list below: a. Large Peach Mango Pie b. Cheesy Yumburger c. Jolly Spaghetti d. Tuna Pie 5. The Cardholder is allowed to participate anytime within the promo period and has no limit on number of transactions provided he/she will reach the minimum purchase requirement. Terms and Conditions: 1. This promo is available for dine-in, take-out, and drive-thru transactions only. Online/delivery orders via Jollibee Delivery or third-party app platforms (e.g. foodpanda, GrabFood, etc.) are not included in this promo. 2. Orders cannot be cancelled once it is being processed. No refunds and cancellation will be entertained. 3. Free product is not exchangeable for cash or credit and cannot be used in conjunction with any other promo or discount. 4. To maintain quality and freshness, all redeemed food products must be consumed within one (1) hour from receipt thereof. 5. All feedback/concern related to the quality of the redeemed products or in relation to this promotion must be addressed to feedback@jfc.com.ph within twenty-four (24) hours upon receipt of the products. Otherwise, Jollibee will not be liable for any claims beyond the said prescription period. 6. Notice: During the redemption, Jollibee stores will NOT collect any information from customers. Please protect your personal information. Per DTI Fair Trade Permit No. FTEB-162370 Series of 2023 Click here: List of Participating Jollibee Stores
READ MOREThe six major digital banking channels of the Land Bank of the Philippines (LANDBANK) posted an unprecedented P5.6 trillion in terms of value in 2022—equivalent to a 126% growth year-on-year—as the Bank continues to ramp-up efforts toward digital and inclusive banking. The state-owned Bank facilitated a total of 155.8 million digital transactions for a 14% increase over the previous year, as more customers shift to using convenient, reliable, and safe digital banking solutions. “LANDBANK’s digital channels continue to service the growing customer demand for contactless financial transactions. We are driven to support our expanding retail customer base, to deliver convenient and responsive services to more customers nationwide,” said LANDBANK President and CEO Cecilia Cayosa Borromeo. The LANDBANK Mobile Banking App (MBA) facilitated the highest number of transactions among the channels at 123.6 million amounting to P227 billion, recording jumps of 19% in transactions and 32% in value from the previous year. Meanwhile, the Bank’s online retail banking channel, iAccess, posted a 15% rise in transactions value year-on-year to P17.7 billion. The LANDBANK Link.BizPortal facilitated 5.8 million transactions amounting to P11.6 billion, equivalent to 49% and 11% increases, respectively. The web-based payment facility also onboarded 314 new partners for a total of 1,136 merchants, of which 798 are from the public sector. For corporate clients, the LANDBANK weAccess yielded a significant leap of 540% in total value over the previous year, with P3.13 trillion in transactions. For national government agency partners, the Electronic-Modified Disbursement System (eMDS) facilitated 2.5 million or 15% more transactions, amounting to P2.1 trillion representing a 22% growth rate. The LANDBANK Bulk Credit System (LBCS) facilitated 1.8 million transactions amounting to P28.5 billion, for increases of 1,526% and 697%, respectively. For 2023, LANDBANK is looking to grow its digital transactions by at least 60% in terms of both volume and value. The Bank is also implementing an intensified communication campaign through its social media channels to help protect customers from phishing scams and other forms of online banking fraud. LANDBANK posts weekly #SafeModeMonday, #FraudFreeFriday and #ScamAlert featuring reminders and best practices on its social media channels, to regularly provide the public with tips on spotting cyberattacks, how to prevent different forms of phishing, and keeping online credentials confidential, among other online security measures.
READ MOREIn line with supporting the country’s coconut industry, the Land Bank of the Philippines (LANDBANK) is offering a new affordable credit facility to coconut farmers to increase production and income especially in coconut-producing communities nationwide. Under the LANDBANK Coconut Farmers and Industry Development (CFID) Lending Program, eligible coconut farmers, cooperatives and associations can access financing for various projects, including the establishment of intercrops and poultry or livestock integration in coconut farms. Individual coconut farmers can use the loan to increase production and working capital, to acquire machines and equipment, and establish necessary facilities. Coconut cooperatives and associations can also utilize the financing for relending and rediscounting to their members. The LANDBANK CFID Lending Program supports the Coconut Farmers and Industry Development Plan (CFIDP) spearheaded by the Department of Agriculture (DA) and the Philippine Coconut Authority (PCA), which outlines the policies and directions to rehabilitate and modernize the Philippine coconut industry. "The CFID Lending Program forms part of the National Government’s whole-of-nation approach towards providing meaningful investments to the coconut industry. LANDBANK remains committed to providing accessible and affordable credit to coconut farmers nationwide to help improve their livelihood," said LANDBANK President and CEO Cecilia Cayosa Borromeo. Under the CFID Lending Program, LANDBANK will provide short-term and long-term loans of at least P1 million, with a fixed affordable interest rate of 2% per annum. The loan program has a total P333.3 million fund composed of P83.3 million or 25% from LANDBANK funds and P250 million or 75% from the Credit Component Allocation under the Coconut Farmers Industry Trust Fund (CFITF) Act, which was signed by former President Rodrigo Duterte in February 2021. The LANDBANK CFID Lending Program will run until 2071 to accommodate as many players from the coconut industry as possible. Interested borrowers may contact the nearest open LANDBANK Lending Center or Branch nationwide, or call LANDBANK’s customer service hotline at (02) 8-405-7000 or at PLDT Domestic Toll Free 1-800-10-405-7000.
READ MOREAs the deadline for the filing of income tax returns draws near, the Land Bank of the Philippines (LANDBANK) will be setting up accessible stations to help taxpayers settle their dues in an easy and convenient manner through LANDBANK’s online payment channels. In partnership with the Bureau of Internal Revenue (BIR), LANDBANK Hubs will be stationed within select Revenue District Offices (RDO) nationwide to facilitate online payments of Income Tax Returns (ITRs) during work days from April 1 to 17, 2023 at 8:00 AM to 5:00 PM. The LANDBANK Hubs aim to assist taxpayers to remit their taxes much easier online through the BIR’s Electronic Filing and Payment System (eFPS), and LANDBANK’s own e-Tax Payment System (eTPS) and Link.BizPortal channels. "Through these hubs, we hope to make the process of paying taxes more convenient and accessible for everyone. LANDBANK remains committed to supporting the BIR by helping taxpayers fulfill their obligations and contribute to nation-building," said LANDBANK President and CEO Cecilia Cayosa Borromeo. To accommodate more taxpayers, select LANDBANK branches nationwide will also extend regular banking hours from 3:00 PM to 5:00 PM and will be open on Saturdays from 8:30 AM to 3:00 PM to accept tax payments. The complete list of LANDBANK Hubs and branches that will be open for extended hours is available on LANDBANK’s official website (www.landbank.com) and social media accounts. The LANDBANK and BIR have been working hand in hand to boost digital tax collection and provide taxpayers efficient and convenient payment platforms. The Bank’s digital banking channels are in sync with the BIR’s tax filing facility, in line with the National Government’s Ease of Doing Business initiative. As of 31 December 2022, the LANDBANK eTPS and Link.BizPortal have facilitated a total of more than 1.2 million tax payment transactions with total value of P117.3 billion.
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 |
