Manila City Mayor Isko Moreno (3rd from left) and LANDBANK President and CEO Cecilia C. Borromeo (4th from left) present the signed Loan Agreement for P10 billion which will finance various development project in the City. Joining them are LANDBANK Executive Vice President for Branch Banking Sector Joselito P. Gutierrez (extreme right), LANDBANK Executive Vice President for Agricultural and Development Lending Liduvino S. Geron (2nd from right), Secretary to the Mayor Bernardito C. Ang (extreme left) and City Budget Officer Atty. Mary Grace Chua (2nd from left). Complementing his vigorous campaign to clean-up the streets of Manila from garbage and eyesores, Manila Mayor Isko Moreno is also focusing on upgrading the city’s health, educational, tourism and public services facilities. On November 11, 2019, the City Government of Manila signed a P10-billion Loan Agreement with Land Bank of the Philippines (LANDBANK) under the Bank’s Omnibus Term Loan Facility (OTLF). The approved loan facility will be used to finance the following: (1) construction and renovation of the Ospital ng Maynila Medical Center, the Pamantasan ng Lungsod ng Maynila School of Medicine Building, the new City Hall building, and the Manila Sky Deck; (2) the rehabilitation of Manila Zoo and the development of Pandacan Depot into a commercial district; and (3) the acquisition of equipment, furniture and fixture for these projects. Present during the loan signing were LANDBANK President and CEO Cecilia C. Borromeo, Executive Vice President for Agricultural and Development Lending Liduvino S. Geron, who signed for the Bank, and Senior Vice President for Corporate Banking Ma. Celeste A. Burgos as witness. They were joined by Executive Vice President for Branch Banking Joselito P. Gutierrez and First Vice President for North NCR Branches Marilou L. Villafranca. Also present were City Legal Officer Atty. Genaro Jose Emeterio S. Moreno, Jr., OIC of the Treasury Department Ma. Jazmin A. Talegon, City Accountant Maria Lourdes R. Manlulu, Secretary to the City Mayor Bernardito C. Ang, and City Budget Officer Atty. Mary Grace Chua. “Over the years, LANDBANK has worked closely with local government units nationwide and has remained the biggest provider of financial assistance and development financing to the sector because we believe that local government is the biggest, if not the most integral, link between the national government and their respective localities,” said President Borromeo. The Bank’s OTLF allows qualified provinces, municipalities, and cities to avail of loans for projects that are listed in their Approved Local Development Plan or Annual Investment Program. This eliminates the inconvenience and associated transaction cost in having to secure loan approval for every single project to be implemented.
READ MORELANDBANK Treasury and Investment Banking Sector Head Executive Vice President Carel D. Halog (right photo) discusses the convenience of purchasing the Premyo Bonds via the LANDBANK Link.BizPortal during its recent launch. The Premyo Bonds launch was led by (left photo) National Treasurer Rosalia V. De Leon (third from right), together with (from right to left) China Bank Capital Corporation President Ryan Martin I. Tapia, LANDBANK EVP Halog, DBP President and CEO Emmanuel G. Herbosa, BDO Capital and Investment Corporation Eduardo V. Francisco, and First Metro Investment Corporation President Rabboni Francis B. Arjonillo. As part of its support to the government’s thrust to make government securities more accessible to the general public, Land Bank of the Philippines (LANDBANK) makes available its online payment facility—Link.BizPortal—as a convenient way for its account holders to invest and purchase the Bureau of Treasury’s (BTr) on-going Premyo Bonds offering. LANDBANK announced this initiative during the launch of the Premyo Bonds last November 25, 2019 at the Bulwagan ng Diwang Pilipino, Development Bank of the Philippines (DBP) Head Office, Makati City. National Treasurer Rosalia V. De Leon led the launch together with top executives from partner banks in both private and public sectors, namely DBP President and CEO Emmanuel G. Herbosa; BDO Capital and Investment Corporation Eduardo V. Francisco; China Bank Capital Corporation President Ryan Martin I. Tapia; First Metro Investment Corporation President Rabboni Francis B. Arjonillo; and LANDBANK Executive Vice Presidents Carel D. Halog and Alan V. Bornas representing LANDBANK President and CEO Cecilia C. Borromeo. EVP Halog presented a step-by-step process in using LANDBANK’s Link.BizPortal for a more convenient way to invest in the Premyo Bonds. “This is a trailblazing effort to help reach the retail investors as part of the government’s financial inclusion efforts, through LANDBANK’s Link.Biz Portal,” EVP Halog said. Premyo Bonds are part of the government’s savings mobilization program designed to make government securities more accessible to retail investors. Proceeds from these will be used to fund government programs on education, housing, and healthcare, among others. “The Premyo Bonds is a public-private partnership for Filipinos to get into the habit of investing,” Treasurer De Leon said during the launch. For as low as Php500.00, interested individuals, cooperatives, provident funds, and retirement funds can invest in these bonds with a fixed 3% interest rate per annum. Investors also automatically qualify for a raffle entry for a chance to win as much as P1 million and other prizes such as condo unit or house and lot. Offer period will run from November 25 to December 13, 2019. For more information, visit https://www.treasury.gov.ph/premyobonds/.
READ MOREBangko Sentral ng Pilipinas Governor Benjamin E. Diokno (3rd from left) leads the launch of the EGov Pay and QR Ph last November 20, 2019 with (left to right) RCBC President and CEO Eugene S. Acevedo, LANDBANK President and CEO Cecilia C. Borromeo, PayMaya Founder and CEO Orlando B. Vea, UnionBank President and CEO Edwin R. Bautista. Land Bank of the Philippines (LANDBANK) announced that it has already enrolled nearly 700 merchants to its Link.Biz Portal, which facilitates electronic payment to various government and private merchants, in support of the Government e-Payments (EGov Pay) Program of the Bangko Sentral ng Pilipinas (BSP). This makes LANDBANK the first bank to implement the EGov Pay. At the recent launching of the BSP’s EGov Pay and National Quick Response Code Standard (QR Ph) Programs, LANDBANK said a total of 349 government agencies and 332 private institutions to date are already enrolled in LANDBANK’s Link.Biz Portal, such as the Bureau of Internal Revenue (BIR), Philippine National Police (PNP), Philippine Overseas Employment Administration (POEA), Professional Regulation Commission (PRC), and the Department of Trade and Industry (DTI), among others. LANDBANK developed the Link.Biz Portal, together with the Philippine Payments Management, Inc. (PPMI) and PESONet, in support of the National Retail Payment System (NRPS), a policy framework that seeks to establish a safe, efficient and reliable retail payment system in the country. “We congratulate the BSP for these milestone initiatives. LANDBANK supports these programs as the safest, most convenient and cost-efficient means of accelerating digital payments across the country. Through our Link.Biz Portal, we are able to help government collect revenues efficiently, which facilitates the prompt delivery of social services to the public through a quick and safe payment mechanism via the internet,” said LANDBANK President and CEO Cecilia C. Borromeo. Link.Biz Portal is designed to allow clients to conveniently pay for products and services online for both government and private institutions, using LANDBANK and other PESONet PayGate participating banks accounts, BANCNET-partner issuing bank accounts, Globe G-Cash accounts, and cash payment option. Meanwhile, LANDBANK said it has also adopted the QR Code for person-to-person (P2P) fund transfers between LANDBANK account holders. The QR Code is a two-dimensional bar code which stores digital information and allows clients to transfer funds to a destination account via an online channel or application, where clients could scan/import the recipient banks’ QR Code via their mobile devices.
READ MOREConsistent with its goal to provide additional means for farmers to access credit assistance, Land Bank of the Philippines (LANDBANK) recently launched the nationwide implementation of the Sulong Saka Program which is designed to promote wider crop diversification, particularly for high-value crops. LANDBANK has allotted a total of Php 10 billion for the Program to help small farmers increase their production of high-value crops such as vegetables (highland, lowland, spices, legumes); fruits (mango, banana, pineapple); industrial crops (abaca, bamboo, coffee, cacao, rubber, oil palm); and alternative food staple crops (saba-cardaba, soybean, root crops). “The Sulong Saka Program is part of our aggresive efforts to intensify support interventions to the agriculture sector. With this new lending program, we are helping our farmers avail of more financial support to increase their crop yield and in turn, increase income for their families,” LANBANK President and CEO Cecilia C. Borromeo said. “At the same time, we want our farmers to consider engaging in high-value crop production to improve the country’s crop diversity, which is currently dominated by traditional crops like rice, corn, and coconut,” she added. Aside from promoting crop production, the Sulong Saka Program also supports projects that involve the processing and marketing of high-value crops. Farmers can apply for financial support for the establishment of nursery, budwood or mother and plant or parent clone gardens; new plantation, replanting, rejuvenation, and rehabilitation of old trees; post-harvest projects; as well as trading and export activities. Individual small farm holders can apply for the loan with an affordable interest rate of 5% per annum. Other eligible borrowers include small and medium enterprises (SMEs), cooperatives, farmer associations and organizations, large agribusiness enterprises and corporations, local government units (LGUs), non-government organizations (NGOs), and countryside financial institutions (CFIs). The Sulong Saka Program is a new addition to LANDBANK’s credit loan portfolio for farmers, which already includes the Accessible Funds for Delivery to Agrarian Reform Beneficiaries (AFFORD-ARBs) Program, the Sikat Saka Program in partnership with the Department of Agriculture (DA), the Socialized Credit Program under the Sugarcane Industry Development Act (SCP-SIDA) funded by the Sugar Regulatory Administration, the Agricultural Competitiveness Enhancement Fund (ACEF), and the Rice Competitiveness Enhancement Fund (RCEF), among others. Interested borrowers may visit the nearest LANDBANK Lending Center or visit the official website at www.landbank.com, or contact the 24/7 customer service hotline at (02) 8-405-7000 or at PLDT Domestic Toll Free 10800-10-405-7000, for more information.
READ MORELANDBANK President and CEO Cecilia C. Borromeo and CHED and UniFAST Governing Board Chairman J. Prospero de Vera III lead the signing of the Memorandum of Agreement for the Tertiary Education Subsidy (TES) Program. With them were (L-R) Association of Local Colleges and Universities (ALCU) Vice President Elena E. Presnedi, UniFAST OIC Executive Director Atty. Carmelita Yadao-Sison, and LANDBANK Branch Banking Sector OIC, Senior Vice President Ramon R. Monteloyola. In line with its thrust of extending access to formal banking services, the Land Bank of the Philippines (LANDBANK) has partnered with the Commission on Higher Education (CHED) and the Unified Student Financial Assistance System for Tertiary Education (UniFAST) to provide efficient and convenient financial support to poor but deserving students. LANDBANK President and CEO Cecilia C. Borromeo and CHED and UniFAST Governing Board Chairman J. Prospero de Vera III formally signed the Memorandum of Agreement (MOA) to co-implement the Tertiary Education Subsidy (TES) Program last December 27 at the Centro Escolar University in Manila. Under the TES Program, more than 400,000 student-grantees from public and private higher education institutions nationwide will be issued LANDBANK Cash Cards for their monthly stipends to cover expenses for supplies, transportation, room and board, and other personal and school needs. The collaboration is aligned with LANDBANK’s continuous commitment to promote financial inclusion and widen access to banking facilities by reaching more underserved Filipinos all over the country. “Through the use of our LANDBANK Cash Cards, students will enjoy the ease and convenience of receiving their monthly allowances via our automated teller machines (ATMs) and branches nearest them. More importantly, this ensures the safe and efficient delivery of their stipends for school needs and education-related expenses on time and without any delays,” President Borromeo said. Student-beneficiaries under the TES Program will be able to access their allowances via LANDBANK’s network of 2,195 ATMs and 409 branches nationwide, as well as point-of-sale (POS) facilities. In addition, student-beneficiaries are qualified to use LANDBANK’s phone banking and online banking facilities and services for easier and faster financial transactions. “Rest assured that we will do our share to make this Program successful. We are one with CHED and UniFAST in helping provide inclusive and quality education that will help shape the lives of the country’s future generations,” President Borromeo added. LANDBANK will receive the list of student-beneficiaries from UniFAST, which includes beneficiaries under the ongoing Expanded Students’ Grant-in-Aid Program for Poverty Alleviation (ESGP-PA) and students belonging to poor or near-poor households based on the Listahanan 2.0 of the Department of Social Welfare and Development (DSWD), among others. The TES Program forms part of the implementation of Republic Act 10931 or the Universal Access to Quality Tertiary Education Act.
READ MORELANDBANK President and CEO Cecilia C. Borromeo (3rd from right) and Cooperative Development Authority (CDA) Chairman Orlando R. Ravanera (2nd from right) led the signing of the Memorandum of Agreement for the Financial Inclusion Through Cooperatives (FIT-Coop) Program that will support unbanked and underserved micro and small cooperatives all over the country. This was witnessed by LANDBANK Agricultural and Development Lending Sector Head Executive Vice President Liduvino S. Geron (leftmost) and CDA Executive Director Ray R. Elevazo (rightmost). The Land Bank of the Philippines (LANDBANK) and the Cooperative Development Authority (CDA) have joined hands anew for the Financial Inclusion Through Cooperatives (FIT-Coop) Program, an initiative that will provide capacity-building support to micro and small cooperatives in unbanked and underserved areas nationwide. LANDBANK President and CEO Cecilia C. Borromeo and CDA Chairman Orlando R. Ravanera led the signing of the Memorandum of Agreement (MOA), together with CDA Executive Director Ray R. Elevazo and LANDBANK Agricultural and Development Lending Sector Head Executive Vice President Liduvino S. Geron. Through the FIT-Coop Program, a total of 220 cooperatives with more than 31,000 members from 92 unbanked municipalities all over the country will undergo financial literacy trainings that would better prepare them to access formal credit assistance. “The signing of this MOA for the FIT-Coop Program is a momentous and historical event— a great breakthrough in putting those in the margins into the mainstream of the development process. This will also be a great leap forward for CDA to fulfill its mandate to promote the viability and growth of cooperatives as instruments of social justice and economic development,” CDA Chairman Ravanera said. LANDBANK President Borromeo said the FIT-Coop Program is also a clear display of the Bank’s continuous commitment to reach the smallest cooperatives in the most far-flung areas and empower them to become catalysts for inclusive growth in the countryside. “LANDBANK is no stranger to cooperativism. We know that a lot more can be done if we collaborate with them. Communities have transformed into very progressive local economies because of cooperatives. The crucial thing is we strengthen the weak micro and small cooperatives so that they can grow and access formal lending programs,” President Borromeo said. Under the FIT-Coop Program, assesment tools from both CDA and LANDBANK were utilized to develop the Cooperative Assessment Tool—an instrument which will measure a cooperative’s maturity level and readiness for different support services. In addition, an Environmental Mapping or Scanning Tool was likewise devised to identify necessary but missing facilities in the community which hamper the cooperative’s growth and development. The CDA and LANDBANK will then refer the data collected from these tools to relevant government agencies to further help cooperatives thru possible developmental interventions. President Borromeo added that this strategy is very much aligned with the Duterte Administration’s “whole-of-government approach”, wherein relevant government agencies collaborate and synergize efforts to achieve more significant results.
READ MOREThe year 2019 turned out to be a landmark year for the Land Bank of the Philippines (LANDBANK) as it breached the P2 trillion mark in assets—a new record for the state-owned universal Bank. LANDBANK posted total assets of P2.03 trillion last year, up by 8% or P157.2 bilion from 2018. This was propelled by deposits amounting to P1.78 trillion which recorded an uptick of 8% or P127.23 billion year-on-year. Likewise, the Bank’s net income also grew by 20% to P18.51 billion from P15.48 billion. This translates to a return on equity of 13.19% which is above the industry average of 10.38% as of September 2019. Meanwhile, capital significantly rose to P149 billion, 13% or P17.38 billion more than the P131.62 billion posted in 2018. “Reaching this new milestone in assets, including consistent growth in all financial fronts, has made 2019 a banner year for LANDBANK. More importantly, we are banking on this performance to enable us to create a bigger impact in helping the agriculture sector grow this year. We look to build on this momentum to intensify and further expand support to our priority sectors, our small farmers and fishers in the countryside,” LANDBANK President and CEO Cecilia C. Borromeo said. LANDBANK is the biggest credit provider to small farmers and fishers, and local government units, and the biggest lender to microenterprises and SMEs among government financial institutions.
READ MOREBatangas Governor Hermilando I. Mandanas (8th from left) receives a check from LANDBANK Batangas City Branch Manager Assistant Vice President Remedios M. Manay (7th from left) as part of the Bank’s financial support to a total of 44 local government units (LGUs) affected by the recent eruption of Taal Volcano. They are joined by members of the Sangguniang Panlalawigan of the Province of Batangas. State-owned Land Bank of the Philippines (LANDBANK) is doing its share to help ease the burden of local government units (LGUs) affected by the recent eruptive activities of Taal Volcano by donating financial assistance to calamity-stricken LGUs for their respective relief operations. The Bank has provided a total of Php3.3 million in financial assistance to 44 LGUs in the Provinces of Batangas, Cavite and Laguna. The amount of donated funds varied depending on the extent of damage sustained by the LGU, in accordance with the Bank’s existing policies on donations. “More than 150,000 residents have been displaced in communities surrounding Taal Volcano. They are now housed in hundreds of evacuation centers in nearby cities and municipalities. With the volume of evacuees, LGUs hosting these centers need all the help they can get. This is our way of supporting the LGUs, which are among the Bank’s most valued clients,” said President and CEO Cecilia C. Borromeo. In Batangas, the Provincial Government led the recipients of the donation, together with the cities of Batangas, Lipa and Tanauan. Also receiving support were the municipalities of Agoncillo, Lemery, San Nicolas, Mataas na Kahoy, Balete, Talisay, Laurel, Taal, Cuenca, Calaca, Sta. Teresita, Bauan, Mabini, Alitagtag, Malvar, Sto. Tomas, San Luis, San Jose, Balayan, San Pascual, Nasugbu, Ibaan, Rosario, Tuy, San Juan, Lian, Padre Garcia, Calatagan, and Taysan. The Bank also donated to the cities of Cabuyao, Sta. Rosa, Biñan, San Pedro and Calamba in Laguna, and is expected to donate within the week to the Provincial Government of Cavite, the City of Tagaytay, and the municipalities of Alfonso, Amadeo, Indang and Mendez. Earlier, LANDBANK announced it has expanded its Calamity Rehabilitation Support (CARES) Program to provide financial support to more sectors severely affected by natural calamities such as the eruption of Taal Volcano, man-made disasters like armed conflicts, and viral infection outbreaks such as the African Swine Fever (ASF). Under the enhanced CARES Program, individual small farmers and fishers, livestock raisers, large agri-enterprises (LAEs), salaried workers, and academic institutions such as schools, universities and colleges, have been added as eligible borrowers. This complements the existing eligible borrowers under the Program, namely, LGUs, disaster-affected home owners, small and medium enterprises (SMEs), cooperatives, non-government organizations (NGOs), and partner financial institutions (PFIs) such as rural banks. The Program consists of two types of credit assistance—rehabilitation/reconstruction credit program and rehabilitation through loan restructuring—which may be used for the repair of damaged facilities, construction or acquisition of new facilities and equipment, repair or purchase of housing units, working capital for agriculture production, and as capital for a lending facility of cooperatives, SMEs and NGOs for home and livelihood financing. Meanwhile, LANDBANK’s Lemery Branch remains closed until further notice. However, its clients may transact with the Bank through the LANDBANK Bauan Branch or at any branch located in Batangas.
READ MOREMalabing Valley Multi-Purpose Cooperative General Manager Daniel Bartong (left) showcases Satsuma fruits (bottom, right) in the Coop’s orchard, where they also operate plant nurseries (top, right) which produces varieties of citrus fruits. KASIBU, Nueva Vizcaya – In the mountainous terrains of Malabing Valley in this 3rd class municipality, around 400,000 trees of Satsuma, Ponkan, Red Chandler (Pomelo) and other varieties of citrus thrive in its rich soil and cool climate. “For sweet citrus fruits, the ideal place to grow them is where the climate is cold in the evening and a bit warmer during the day,” said Daniel Bartong, General Manager of the Cooperative. The Malabing Valley Multi-Purpose Cooperative (MPC) is an agri-based cooperative engaged in citrus and vegetable production, and is recognized as one of the major producers of citrus fruits in the province. It has more than 2,000 members – almost 500 of whom are citrus farmers – with some 500 hectares of total aggregate orchard. But the Cooperative’s beginnings were not as sweet as the fruits they are harvesting today. The Cooperative was founded by Alfonso Namujhe, Jr. in 1991 after developing a passion for home grown citrus from his parents who were then planting dalandan in the valley. Considered the father of citrus industry in the province today, Namujhe pursued his passion and formed Malabing Valley MPC with 48 members and Php16,300.00 as start-up capital. “Citrus production needs a considerable amount of financial investment. For example, it takes around 3 to 4 years for the trees to bear fruit. After that, you will need around half a million pesos to maintain one hectare of orchard,” said Bartong. With the amount of investment needed for citrus production, Malabing Valley MPC sought assistance from lending institutions to help them start out. However, this proved to be difficult since no bank wanted to take a chance on them, except Land Bank of the Philippines (LANDBANK). “When we first started, LANDBANK was the only one who trusted our Cooperative and the citrus industry as an income-generating business. There were many lending institutions but they did not believe in us and the viability of the industry,” added Bartong. Through their initial credit exposure with LANDBANK in the 1990s, the Malabing Valley MPC was able to re-lend to their farmer-members to provide for their farming needs and produce quality citrus fruits, which in return improved the income of its members. Currently, the Cooperative markets its produce in Nueva Vizcaya, Northern and Central Luzon, Baguio City, and the National Capital Region (NCR). In 2018, LANDBANK approved a P226 Million credit line to the Cooperative for its rediscounting line, working capital, and term loan-relending for Citrus Production (new plantation and rejuvenation) which benefited 1,340 SFFs and other member-borrowers close to 2,000. The Cooperative has been an active borrower of LANDBANK for 29 years already and an active member of the Nueva Vizcaya Credit Surety Fund (NVCSF). To ensure the sustainability of the Cooperative’s business, Mr. Alfonso Namujhe, Jr., who introduced Satsuma production in the area, together with the entire membership of Malabing Valley MPC, continue to study about the latest technological advancements in citrus production, with the help of the Nueva Vizcaya State University and other government agencies such as the Department of Agriculture and local farmer-scientists. “Maraming salamat sa LANDBANK dahil naniwala sila sa amin. Sana po ay tuloy-tuloy ang partnership namin sa LANDBANK at marami pa silang matulungan na mga magsasaka,” said Bartong.
READ MORE(Seated) Cabinet Secretary Karlo Nograles (5th from left) leads the signing of the Memorandum of Understanding (MOU) for the national government’s Expanded Partnership Against Hunger and Poverty (EPAHP) Program. Signatories to the MOU include (seated, L-R) LANDBANK President and CEO Cecilia C. Borromeo, NIA Admin. Ricardo Visaya, TESDA Sec. Isidro Lapeña, DAR Sec. John Castriciones, DSWD Sec. Rolando Bautista, DA Sec. William Dar, POPCOM Deputy Exec. Dir. Lolito Tacardon, (standing, L-R) DTI Sec. Ramon Lopez, NNC Exec. Dir. Azucena Dayanghirang, DOH Sec. Francisco Duque III, DILG Sec. Eduardo Año, DepEd Sec. Leonor Briones, DOST Usec. Brenda Nazareth-Manzano, NAPC Sec. Noel Felongco, WFP Philippines Deputy County Dir. Mats Persson, and UN FAO Asst. Rep.Tamara Palis-Duran. The Land Bank of the Philippines (LANDBANK) has officially joined the Expanded Partnership Against Hunger and Poverty (EPAHP) Program—a collaborative government initiative designed to mitigate hunger, promote food security, and reduce poverty in the country by year 2030. Together with Cabinet members and senior government officials, LANDBANK President and CEO Cecilia C. Borromeo signed the Memorandum of Understanding (MOU) to formalize the Bank’s participation last December 9 in Malacañang, Manila. “We are honored to collaborate and contribute to this concerted endeavor against hunger and poverty. Our participation in the EPAHP Program complements our efforts to find new ways to reach and help underserved and underprivileged areas. This is once again an opportunity for us to support and participate in the National Government’s community-building programs,” President Borromeo said. Under the MOU, LANDBANK is tasked to provide credit support to community-based organizations (CBOs) for food production, processing, and marketing, which is consistent with its mandate to spur inclusive and sustainable development in rural communities and marginalized areas. LANDBANK will extend credit assistance to eligible CBOs such as cooperatives, agrarian reform beneficiary organizations, small water impounding systems associations, irrigators associations, day care services parents groups, smallholder farmer associations, fishers organizations, and people’s organizations, among others. The EPAHP initiative aims to contribute in addressing hunger and poverty in the country by converging relevant programs of participating government agencies to maximize results for the benefit of the poor and marginalized. Through the MOU signing, LANDBANK officially joins the EPAHP Program team alongside the Department of Agrarian Reform (DAR), Department of Social Welfare and Development (DSWD), Department of Agriculture (DA), Department of the Interior and Local Government (DILG), Department of Education (DepEd), Department of Health (DOH), Department of Science and Technology (DOST), Department of Trade and Industry (DTI), Bureau of Jail Management and Penology (BJMP), National Anti-Poverty Commission (NAPC), National Irrigation Administration (NIA), Technical Education and Skills Development Authority (TESDA), and the Commission on Population and Development (POPCOM).
READ MOREAs of Mon, April 28, 2025
| Buying | Selling | |
|---|---|---|
| USD | 56 | 56.5 |
| 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 |
