(Lower photo courtesy of the Philippine Air Force) NUEVA ECIJA – The Land Bank of the Philippines (LANDBANK) deployed two (2) mobile automated teller machines (ATMs) in the Municipalities of Sta. Rosa and Cuyapo to respond to the emergency banking needs of residents, following the damage and disruption caused by the recent super typhoon “Karding.” A LANDBANK Mobile ATM was deployed to the Municipal Hall of Sta. Rosa on September 29, 2022, to serve the urgent cash requirements of locals in the area. Meanwhile, another Mobile ATM was stationed at the Municipal Hall of Cuyapo the following day, September 30, 2022, in time for the payroll date of municipal employees and other LANDBANK customers. The LANDBANK Mobile ATMs are designed to be deployed in areas with disrupted or limited access to banking services due to disasters or calamities, in line with LANDBANK’s commitment to provide unhampered banking services. As of 03 October 2022, LANDBANK operates a total of 20 Mobile ATMs nationwide.
READ MORELANDBANK President and CEO Cecilia C. Borromeo (3rd from right) and UNICEF Philippines Representative Oyunsaikhan Dendevnorov (4th from right) sign a banking services agreement on 06 October 2022, for the pilot run of the United Nations Central Emergency Response Fund (CERF) for Anticipatory Action. They are joined by UNICEF Deputy Representative for Programs Behzad Noubary (leftmost) and Deputy Representative for Operations Thomas Meyerer (5th from right), and LANDBANK Senior Vice President Marilou L. Villafranca (2nd from right) and Assistant Vice President Domingo Conrado G. Galsim (rightmost). The Land Bank of the Philippines (LANDBANK) and the United Nations Children’s Fund (UNICEF) signed a partnership agreement to ensure the smooth and speedy disbursement of pre-disaster financial aid to some 22,000 families in typhoon-prone towns. LANDBANK President and CEO Cecilia C. Borromeo and UNICEF Philippines Representative Oyunsaikhan Dendevnorov led the ceremonial signing for a banking services agreement for the pilot run of the United Nations Central Emergency Response Fund (CERF) for Anticipatory Action on 06 October 2022 at the UNICEF Philippines Office in Mandaluyong City. They were joined by UNICEF Deputy Representative for Programs Behzad Noubary and Deputy Representative for Operations Thomas Meyerer, alongside LANDBANK Senior Vice President Marilou L. Villafranca, and Assistant Vice Presidents Domingo Conrado G. Galsim and Renato R. Aquino. Under the agreement, LANDBANK shall open an account on behalf of UNICEF for deposit and maintenance of funds among various banking services, including the crediting of multi-purpose cash transfers to the LANDBANK Prepaid Cards of identified Conditional Cash Transfer (CCT) Program beneficiaries. “LANDBANK brings to the table our expertise as the distribution arm of the National Government’s social protection programs. This includes our extensive experience of delivering cash grants to the target sectors under the CCT and UCT (Unconditional Cash Transfer) programs covering 10 million beneficiaries nationwide,” said LANDBANK President and CEO Borromeo. UNICEF Philippines Representative Dendevnorov said that the anticipatory approach reduces the costs of humanitarian response and allows affected populations to make informed decisions ahead of a humanitarian crisis. “In this context, we can say that cash transfers provided through Financial Service Providers (FSPs) like LANDBANK can improve the speed, efficacy and security of humanitarian aid delivery,” said UNICEF Philippines Representative Dendevnorov. Target beneficiaries under the pilot CERF for Anticipatory Action include families residing in the municipalities of Baras, Bato, San Andres and Virac in Catanduanes, as well as the municipalities of Catarman, Catubig, Gamay, Mondragon, and San Roque in Northern Samar. The cash assistance worth P1,000 for each CCT beneficiary will be disbursed via LANDBANK Prepaid Cards, three days before the expected landfall of a Category 4 or 5 typhoon. Beneficiaries can use the prepaid cards to withdraw cash assistance from LANDBANK automated teller machines (ATMs) and Agent Banking Partners, and make cashless purchases in groceries and drugstores via point-of-sale (POS) terminals. LANDBANK recently upgraded the existing prepaid cards of the CCT beneficiaries into transaction accounts with expanded features to provide more convenient banking services, including cash card loading via LANDBANK branches, fund transfers through the LANDBANK Mobile Banking App, and cash-in via LANDBANK Cash Deposit Machines.
READ MORELANDBANK President and CEO Cecilia C. Borromeo (5th from right) pays a courtesy visit to Transport Secretary Jaime J. Bautista (6th from right) to reaffirm the Bank’s continuing commitment to the National Government’s transport modernization agenda. Joining them are DOTr Undersecretaries Cesar B. Chavez (7th from right), Atty. Timothy John R. Batan (8th from right), Kim Robert C. De Leon (9th from right), LANDBANK Executive Vice Presidents Alex A. Lorayes (3rd from right) and Liduvino S. Geron (4th from right), and LANDBANK Senior Vice Presidents Randolph L. Montesa (2nd from right) and Ramon R. Monteloyola (rightmost). The Land Bank of the Philippines (LANDBANK) renewed its commitment to the Department of Transportation (DOTr) to fully support programs that provide a more efficient, convenient, and modern public transportation for Filipino commuters. During a courtesy visit on 02 September 2022, LANDBANK President and CEO Cecilia C. Borromeo met with DOTr Secretary Jaime J. Bautista to discuss ongoing and potential collaboration programs and initiatives to advance the country’s transport sector. The LANDBANK and DOTr are partners for the Automated Fare Collection System (AFCS) Pilot Production Testing (PPT), which allows the convenient use of EMV contactless credit, debit and prepaid bank cards as cashless payment instruments in public transport modes. Only LANDBANK contactless cards will be accepted as fare media for the interim implementation. Once the necessary regulations or policies have been issued, the LANDBANK AFCS solution can also accept and process the EMV contactless cards issued by other local and foreign banks. In preparation for its full and commercial implementation, LANDBANK and the DOTr launched the AFCS in September, covering six (6) units of modern public utility vehicles (MPUVs) of PM Jeepney Drivers Operators and Services, Inc. (PMJDOSI). The remaining 144 MPUV units out of the total 150 PUV units shall soon be deployed in selected pilot sites in NCR, Central Luzon, Calabarzon, and Metro Cebu. The state-run Bank likewise offers the Support Package for Environment-friendly and Efficiently-Driven PUV (SPEED PUV) Program, to help finance the shift of public transport operators to modern, safer and eco-friendlier vehicles. Under the SPEED PUV Program, public transport cooperatives and corporations may avail loans for the purchase of modern public utility jeepneys (PUJs). LANDBANK can finance up to 95% of the PUJ’s total cost at an affordable interest rate of 6% per annum, payable based on cash flow but not to exceed a maximum of seven (7) years. The National Government, through the Land Transportation Franchising and Regulatory Board (LTFRB), also offers P160,000.00 subsidy to borrowers for each PUJ financed under the Program. As of end-August 2022, LANDBANK has approved P5.3 billion in loans to 116 borrowers under the SPEED PUV Program.
READ MOREA contingent of senior officials led by LANDBANK President and CEO Cecilia C. Borromeo (3rd from left) pay a courtesy visit to BIR Commissioner Lilia C. Guillermo (4th from left) in line with the Bank’s continuing commitment to support modernized tax administration. The Land Bank of the Philippines (LANDBANK) expressed its continuous support for the Bureau of Internal Revenue’s (BIR) tax collection modernization efforts towards providing convenient services for taxpayers. LANDBANK President and CEO Cecilia C. Borromeo met with BIR Commissioner Lilia C. Guillermo on 05 October 2022, to explore meaningful avenues for collaboration to advance better tax administration. They were joined by LANDBANK Senior Vice Presidents Marilou L. Villafranca and Randolph L. Montesa, and other Bank officers. The state-run Bank supports the BIR through the LANDBANK Link.BizPortal facility, which provides taxpayers with a safe, reliable, and efficient online payment solution to conveniently pay their taxes, among other digital banking services. The LANDBANK Link.BizPortal allows customers to pay tax liabilities online via the BIR or LANDBANK websites, thereby eliminating the need to physically wait in line at BIR regional and district offices. From January to August 2022, the LANDBANK Link.BizPortal has facilitated for the BIR over 548,000 transactions with a total value of P1.4 billion.
READ MORELANDBANK President and CEO Cecilia C. Borromeo (4th from right) pays a courtesy visit to Department of Human Settlements and Urban Development (DHSUD) Secretary Jose Rizalino L. Acuzar (5th from right) on 30 August 2022 to express support for the National Government’s intensified mass housing program. Joining them are DHSUD Undersecretary Robert Juanchito T. Dispo (6th from right), alongside LANDBANK Executive Vice Presidents Liduvino S. Geron (7th from right) and Julio D. Climaco, Jr. (3rd from right), Senior Vice Presidents Randolph L. Montesa (2nd from right) and Marilou L. Villafranca (rightmost), and Vice President Francisco E. Burgos Jr. (leftmost). Land Bank of the Philippines (LANDBANK) President and CEO Cecilia C. Borromeo paid a courtesy visit to Department of Human Settlements and Urban Development (DHSUD) Secretary Jose Rizalino L. Acuzar to express support for the national government’s inclusive thrust of expanding access to affordable housing for Filipinos. The officials explored opportunities for collaboration to attract development partners, such as private developers, Local Government Units (LGUs), banks, and other financial institutions, to invest in affordable housing construction. The meeting was also attended by DHSUD Undersecretary Robert Juanchito T. Dispo, together with LANDBANK Executive Vice Presidents Liduvino S. Geron and Julio D. Climaco, Jr., Senior Vice Presidents Randolph L. Montesa and Marilou L. Villafranca, and Vice President Francisco E. Burgos Jr. LANDBANK is providing DHSUD various digital banking services, including digital payment to suppliers through the LANDBANK weAccess, and viewing of account information and preparation of reports on issued checks through the LANDBANK electronic Modified Disbursement System (eMDS).
READ MOREThe LANDBANK Umingan Branch in Pangasinan facilitates the distribution of P5,000 cash aid to farmer-beneficiaries under the Rice Competitiveness Enhancement Fund - Rice Farmers Financial Assistance (RCEF-RFFA) Program. In partnership with the Department of Agriculture (DA), the Land Bank of the Philippines (LANDBANK) continues to ramp up the distribution of cash grants to farmer-beneficiaries under the Rice Competitiveness Enhancement Fund - Rice Farmers Financial Assistance (RCEF-RFFA) Program. As of 30 September 2022, LANDBANK has produced Intervention Monitoring Cards (IMCs) for 54,188 beneficiaries nationwide, of which 26,523 hail from the province of Pangasinan; 8,011 from Cagayan; 7,047 from Isabela; 7,204 from Sultan Kudarat; and the rest from the provinces of Tarlac, Pampanga and Camarines Sur. Through the LANDBANK IMCs, the beneficiaries are to receive P5,000.00 worth of cash assistance each to purchase needed farm inputs and boost agricultural productivity. In close coordination with the DA, LANDBANK has likewise opened accounts for another 118,857 farmer-beneficiaries for immediate production and distribution of their own LANDBANK IMCs. LANDBANK serves as the disbursing arm of the RCEF-RFFA Program, designed to provide responsive financial support to eligible farmer beneficiaries identified by the DA, as part of the implementation of Republic Act No. 11203 otherwise known as the Rice Tariffication Law (RTL).
READ MOREThe Land Bank of the Philippines (LANDBANK) announced that all new customers applying for a LANDBANK deposit account shall be provided a cardless account, effective 04 October 2022. New account holders will be enrolled in the LANDBANK iAccess and Mobile Banking App (MBA), and will benefit from having convenient access to digital banking services, including inter-bank transactions via InstaPay and PESOnet. Cardless account holders can also use the LANDBANK MBA to access their account and withdraw cash from 2,889 LANDBANK Automated Teller Machines (ATMs) nationwide, which have been upgraded with a cardless withdrawal feature. Cardless cash deposit is likewise available via 231 LANDBANK Cash Deposit Machines (CDMs) nationwide. However, new LANDBANK customers may still opt for a physical LANDBANK ATM card for a minimal fee of P150.00. The state-run Bank assures customers that it maintains the highest level of security in all its systems, while also reminding customers to remain vigilant against online banking fraud and scams.
READ MORELANDBANK President and CEO Cecilia C. Borromeo pays a courtesy visit to Defense Senior Undersecretary and OIC Jose C. Faustino, Jr. on 10 October 2022 to express support for the National Government’s peace and order efforts. Land Bank of the Philippines (LANDBANK) President and CEO Cecilia C. Borromeo paid a courtesy visit to Department of National Defense (DND) Senior Undersecretary and OIC Jose C. Faustino, Jr. to express the Bank’s continued support for plans and programs towards national security. The two officials discussed potential areas of collaboration to enhance the agency’s operational efficiency, as well as prioritize the banking needs of Filipino soldiers, personnel, veterans and pensioners through digital banking and treasury services, among others. Borromeo personally expressed gratitude to Faustino and DND, for providing the necessary security and transportation to LANDBANK personnel during the distribution of financial assistance in remote and risky areas. The meeting was also attended by LANDBANK Senior Vice Presidents Celeste A. Burgos, Randolph L. Montesa, Marilou L. Villafranca, and Ramon R. Monteloyola, along with other senior Bank officials. LANDBANK currently serves the banking needs of DND, including payroll service and salary loans for employees, and convenient digital payment to suppliers through the LANDBANK Bulk Remittance System (LBRS), among others. In April of this year, LANDBANK strengthened its partnership with the Philippine Veterans Affairs Office (PVAO), an attached agency of the DND, with the signing of the amended Memorandum of Agreement (MOA) for the Direct Remittance Pension Servicing System (DRPSS) to better service Filipino veterans and pensioners. Under the amended MOA, LANDBANK and PVAO have streamlined procedures for pension account opening and formalized the crediting of other PVAO benefits, such as medical and burial assistance, to the LANDBANK ATM accounts of pensioners. LANDBANK also partnered with the Philippine Air Force (PAF) for the PAF Online Payment System (POPS) powered by the LANDBANK Link.BizPortal, to facilitate the efficient online payment of light and water utility dues, bidding document fees, trust receipts for the Air Force General Hospital, and rental fees for the PAF Aerospace Museum and concessionaires. Through the POPS, PAF clients, which include creditors, suppliers, and PAF personnel and their family members, are now able to settle their financial commitments in a faster, secure, and convenient manner. LANDBANK likewise supports the National Government’s Enhanced-Comprehensive Local Integration Program (E-CLIP), which aims to improve the livelihood of former rebels and extremists and their families by financing small businesses and agri-enterprises. Under the LANDBANK Balik-Loob Lending Program (BLLP), former rebels, former extremists, and their cooperatives and associations can avail of loans to finance small businesses, such as sari-sari stores, furniture making, and tailoring, as well as agri-enterprises such as crop and livestock production, among others. Eligible borrowers can avail up to 90% of the total project cost but not exceeding P100,000.00 per borrower, with an interest rate of 5% per year, payable up to one (1) year for short term loans and up to five (5) years for term loans. As part of the ongoing contribution to the government’s peace-building efforts, LANDBANK has released a total of P1.5 million to 16 former rebels under the BLLP, as of end-September 2022.
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 MORE(from right to left) LANDBANK Executive Vice President Alex A. Lorayes and Senior Vice Presidents Ma. Celeste A. Burgos and Randolph L. Montesa received the trophies awarded to LANDBANK in the Innovative, Sustainable and Wellness categories during the 13th Asia CEO Awards on 11 October 2022. The Land Bank of the Philippines (LANDBANK) garnered three Circle of Excellence awards during the 13th Asia CEO Awards ceremony on 11 October 2022 at the Marriott Hotel in Pasay City. “These awards serve as confirmation that LANDBANK is headed in the right direction. We have fully transformed into a development-oriented institution that is more responsive to the needs of an expanded and diverse customer base,” said LANDBANK President and CEO Cecilia C. Borromeo. LANDBANK bagged the Most Innovative Company of the Year award for its LANDBANKPay, the all-in-one mobile wallet. Through the application, users can safely and conveniently pay bills, load up mobile phones and tollway RFID accounts, make purchases online, and transfer funds anytime, anywhere. The Bank also received the Most Sustainable Company of the Year award for the LANDBANK LGU Lending Program, which supports Local Government Unit (LGU) partners to implement development programs, thereby promoting long-term economic growth in the countryside. Among the significant environmental initiatives that the Program has financed include solid waste management projects, as well as renewable energy and energy efficient projects designed for climate change mitigation. As of end-August 2022, LANDBANK’s total loan portfolio to LGUs have reached P84.2 billion, which have helped advance economic activity and generate much-needed livelihood in local communities. LANDBANK likewise received the Wellness Company of the Year Award for its Employee Wellness Program, which utilizes a holistic framework for promoting comprehensive health and wellness. The LANDBANK Employee Wellness Program is designed to help employees attain an optimal health and work-life balance in a healthy, safe, and harmonious work environment, which leads to engagement, work productivity, and good quality of life. The 2022 Asia CEO Awards is on its 13th year of recognizing outstanding leadership achievements by individuals and organizations in the Philippines and across the Asia-Pacific region.
READ MOREAs of Tue, April 29, 2025
| Buying | Selling | |
|---|---|---|
| USD | 56.15 | 56.65 |
| JPY | 0.384503 | 0.399342 |
| EUR | 62.734299 | 65.163993 |
| GBP | 73.505595 | 76.352462 |
| HKD | 7.193121 | 7.729313 |
As of Mon, April 28, 2025
| UITF | NAVPU |
|---|---|
| Cash Management Fund | 1.558065 |
| Money Market Fund | 1.311204 |
| Money Market Plus Fund | 1.223605 |
| PERA Money Market Fund | 1.024015 |
| Medium-Term Bond Fund | 2.471787 |
| Bond Fund | 2.022874 |
| PERA Bond Fund | 1.198546 |
| Balanced Fund | 2.606916 |
| Growth Fund | 2.583822 |
| Alpha Equity Fund | 3.00714 |
| Blue Chip Equity Fund | 0.961723 |
| Equity Fund | 0.7838 |
| High Dividend Equity Fund | 1.005401 |
| US$ Money Market Fund | 1.432307 |
| Global $ Fund | 1.527551 |
