LANDBANK distributed cash cards loaded with financial assistance to over 700 beneficiaries of the DSWD at the Cuneta Astrodome in Pasay City. PASAY CITY – Over 700 senior citizens from this city received financial aid from the National Government through cash cards distributed by the Land Bank of the Philippines (LANDBANK) on 29 July 2023 at the Cuneta Astrodome. Beneficiaries of the Department of Social Welfare and Development’s (DSWD) Social Pension Program under the Unconditional Cash Transfer (UCT) Program each received P3,600.00 worth of cash assistance credited to their LANDBANK Cash Cards. Pensioners who are also beneficiaries of DSWD’s Targeted Cash Transfer (TCT) Program received an additional P2,000.00 each, for a total of P5,600.00 worth of cash assistance. “In partnership with DSWD, LANDBANK continues to ramp up the disbursement of cash aid to vulnerable sectors. We will ensure the efficient and timely distribution of financial assistance in support of the Government’s inclusive development agenda,” said LANDBANK President and CEO Lynette V. Ortiz. Beneficiaries can conveniently withdraw their “ayuda” from any of the 2,951 LANDBANK ATMs and 2,632 ATMs of 7-Eleven convenience stores in selected areas in the country. Social pensioners can likewise use their LANDBANK Cash Cards 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 Agent Banking Partners (ABPs) located in remote areas. As the main distribution arm of financial assistance of the National Government, LANDBANK has disbursed a total of P35.4 billion worth of cash grants to DSWD beneficiaries for the first half of the year. LANDBANK is celebrating its 60th anniversary this month, representing six decades of uplifting lives, empowering communities, and serving the nation — all in pursuit of an inclusive and sustainable economy
READ MOREPhilSA Director General Dr. Joel Joseph S. Marciano, Jr. (center), LANDBANK Senior Vice President Elcid C. Pangilinan (2nd from right), and DOST-ASTI representative Engr. Alvin E. Retamar (4th from right) sign the tripartite memorandum of understanding for collaboration on the use of space data and analytics The Land Bank of the Philippines (LANDBANK) will be working with the Philippine Space Agency (PhilSA) and the Department of Science and Technology-Advanced Science and Technology Institute (DOST-ASTI) for the integration of space data and analytics to its financing strategies for the agriculture sector. PhilSA Director General Dr. Joel Joseph S. Marciano, Jr., LANDBANK Senior Vice President Elcid C. Pangilinan, and DOST-ASTI representative Engr. Alvin E. Retamar held a ceremonial signing of a Memorandum of Understanding (MOU) on 08 August 2023 in Quezon City to seal the partnership. The tripartite collaboration covers the development and utilization of space-related technologies for financial applications, conduct of joint research and exchange of relevant data for research undertaking, organization of training symposia or similar activities, and sharing of technological resources. “Our collaboration with PhilSA and DOST-ASTI is a welcome opportunity to further strengthen LANDBANK’s agribusiness value chain financing strategies through cutting-edge data. We will continue to explore innovative opportunities to firm up our support for modernizing and growing the agriculture sector,” said LANDBANK President and CEO Lynette V. Ortiz. The partnership will provide LANDBANK key insights to strengthen its capabilities in rolling out more effective lending strategies for the agribusiness value chain, including accurate assessment of multiple risks, monitoring on a near-real-time and site-specific basis, and understanding of the performance and prospects of various agricultural commodity systems. “Our efforts in the space downstream have also been incessant. We have heightened efforts to engage government agencies, academe, LGUs and other groups in promoting more widespread and effective integration of such data into decision-making and policy formulation,” said PhilSA Director General Marciano. LANDBANK remains steadfast in support of all players in the agribusiness value chain, with the state-run Bank recently reported posting a total of P713.8 billion in outstanding loans directed to agriculture and rural development as of 30 June 2023. This is way above the 25% requirement for local banks to allocate financing for agriculture, fisheries and rural development (AFRD) under Republic Act No. 11901 or “The Agriculture, Fisheries and Rural Development Financing Enhancement Act of 2022.” LANDBANK is celebrating its 60th anniversary this month, representing six decades of uplifting lives, empowering communities, and serving the nation — all in pursuit of an inclusive and sustainable economy.
READ MOREPhilSA Director General Dr. Joel Joseph S. Marciano, Jr. (center), LANDBANK Senior Vice President Elcid C. Pangilinan (2nd from right), and DOST-ASTI representative Engr. Alvin E. Retamar (4th from right) sign the tripartite memorandum of understanding for collaboration on the use of space data and analytics. The Land Bank of the Philippines (LANDBANK) recorded significant increases in volume and value of transactions across its major digital banking platforms in the first six months of the year. The state-run Bank facilitated 94.7 million transactions worth P1.9 trillion from January to June 2023, representing year-on-year jumps of 22% and 41% in volume and value, respectively. The combined digital transactions were made through the LANDBANK Mobile Banking App (MBA), Electronic Modified Disbursement System (eMDS), LANDBANK Bulk Crediting System (LBCS), Link.BizPortal, iAccess, and weAccess. “More customers continue to embrace the advantages of using LANDBANK’s digital banking solutions. We will drive investments to upgrade our digital infrastructure further, to continue providing convenient, accessible, and secure services,” said LANDBANK President and CEO Lynette V. Ortiz. The LANDBANK MBA accounted for the bulk of the total digital transactions, facilitating 76.1 million transactions amounting to P140.5 billion. These translate to year-on-year expansions of 27% and 36% in volume and value, respectively. LANDBANK customers mostly use the MBA for fund transfer and bills payment, as well as for purchasing government bonds, including the Retail Treasury Bonds Tranche 29 (RTB-29) offered in February 2023. The eMDS, LANDBANK’s internet facility for national government agencies, registered the highest transaction value at P1.3 trillion for a 36% jump from P966.2 billion in the same period a year ago. Total transactions likewise grew by 15% to 1.4 million from 1.2 million. Meanwhile, the Bank’s electronic bulk disbursement facility, LBCS, saw the most significant increases in utilization and value in the first half of the year, with total transactions reaching 3.6 million valued at P32.3 billion for unprecedented growth rates of 6,737% and 398%, respectively. The LANDBANK Link.BizPortal, a web-based payment channel for paying for products and services online, also posted a 44% rise in volume to 4 million transactions worth P6 billion. The value of transactions facilitated via LANDBANK’s online retail banking channel, iAccess, and its corporate internet banking platform, weAccess, likewise improved by 3% and 53% to P9.1 billion and P433.3 billion, respectively. With the continued adoption of digital banking, LANDBANK continues to remind customers and the public to be more vigilant against phishing scams and other forms of online banking fraud. The Bank is regularly posting on its official social media channels security reminders and best practices to avoid falling victim to fraudulent activities online. LANDBANK is celebrating its 60th anniversary this month, representing six decades of uplifting lives, empowering communities, and serving the nation — all in pursuit of an inclusive and sustainable economy.
READ MORETerms and Conditions for Pay in Installments The LANDBANK Credit Card’s Pay in Installments allows the Cardholders to pay for goods and services on installment basis with partner merchants for a specified term according to the Terms and Conditions specified by LANDBANK. The Pay in Installments is available to all Principal and Supplementary Cardholders (except for DOSRI and Corporate accounts) whose cards are active, in good credit standing, and have available credit lines. LANDBANK Credit Cardholders can enjoy 0% interest on installments in various partner establishments in both Instore or Online stores bearing the Pay in Installments logo. The list of partner merchants is found in the LANDBANK website under Credit Cards menu. The Pay in Installments is valid on a single-receipt purchase transaction of at least PhP3,000, payable up to 24-month installment term. However, merchants have sole discretion on the installment terms and minimum spend requirement to qualify for installment which may vary per item and merchant. Partner merchant may set a higher spend requirement which may vary per term, item and outlet. No maximum amount for the transaction as long as it is within the Cardholder’s available credit limit. Qualified Cardholders can amortize at 0% interest on the total price of the items purchased under Pay in Installments for the duration of the installment plan, available at 3, 6, 12, and 24-month installment terms or as otherwise specified by the merchant offering Pay in Installments. Applicable installment terms vary per merchant/partner establishment or per outlet or item. It can be applicable on selected items only, at the option of the merchant, and may differ on product models per establishment. LANDBANK does not guarantee the quality of the product or service subject of the installment charge slip or installment contract. Any defect or damage on the product or service shall not affect or excuse Cardholders’ obligation to pay his/her account. The cash price and credit card price for 0% interest on Installment transactions shall be the same. All decisions made by LANDBANK Credit Cards or partner merchants regarding transactions made hereunder are considered final. Purchases are subject to approval based on the available credit limit of the Cardholder at the time of purchase. All transactions are subject to LANDBANK Credit Cards’ transaction authorization rules. The approved installment transaction is automatically deducted from the Cardholder’s available credit limit. The first monthly amortization will be reflected on the next cut-off date once the transaction is posted. Each monthly installment amount forms part of the Minimum Amount Due on Cardholder’s Statement of Account. The Cardholder incurs no additional fees for using the Pay in Installments. The Cardholder, however, may pre-terminate its availment of 0% interest installment by calling the LANDBANK Customer Care Hotline. In case of pre-termination, Cardholder must settle the full amount of the remaining principal balance, as well as pay a pre-termination fee of 5% of the remaining balance or Php300, whichever is higher. Any two (2) unpaid amortizations shall constitute default and shall result to the remaining unpaid installments to become due and demandable. Any unpaid amount shall incur interest and surcharges in accordance with the Terms and Conditions governing the issuance and use of the LANDBANK Credit Card. The Cardholder’s use of Pay in Installment shall be considered as his/her acceptance to be bound by these Terms and Conditions and such amendments hereof as may be made by LANDBANK Credit Cards and advised from time to time. LANDBANK Credit Cards Installment purchases are subject to the standard Terms and Conditions Governing the Issuance and the Use of LANDBANK Credit Cards. Download: Frequently Asked Questions
READ MOREDBM Secretary Amenah F. Pangandaman (right) and LANDBANK President and CEO Lynette V. Ortiz (left) hold a LANDBANK Government Purchase Card (GPC) during a partnership signing on 03 August 2023 at the LANDBANK Plaza in Manila (Photo courtesy of DBM). The Department of Budget and Management (DBM) and the Land Bank of the Philippines (LANDBANK) have collaborated anew for the use of the LANDBANK Government Purchase Card (GPC) for the faster and more efficient means to pay for goods and services. The LANDBANK GPC is a credit card that allows authorized DBM personnel to expedite payments for official expenses, by eliminating procurement lead-time and reducing administrative paperwork, costs and time in liquidating obligations to suppliers. The GPC is designed to streamline payments for travel and representation; miscellaneous small-value purchases; hotel and lodging; computer software, services, and digital content; and fuel, automotive parts, and services, among others. “LANDBANK will remain steadfast in our thrust to leverage digital solutions, as we continue to promote the adoption and reap the benefits of using digital payments. Together, let us accelerate the National Government’s digital transformation journey for improved governance, transparency, and service delivery,” said LANDBANK President and CEO Lynette V. Ortiz. Budget Secretary Amenah F. Pangandaman and LANDBANK President Ortiz signed the Memorandum of Agreement (MOA) for the partnership on 03 August 2023, together with DBM Chief of Staff Leo Angelo M. Larcia and LANDBANK Senior Vice President Celeste A. Burgos as witnesses. Also present during the signing were DBM Undersecretaries Wilford Will Wong, Maria Francesca del Rosario, and Goddes Hope Libiran, along with LANDBANK officers led by Executive Vice President Liduvino S. Geron, Senior Vice President Marilou L. Villafranca, and First Vice Presidents Cielito H. Lunaria and Vivian M. Cañonero. “We thank LANDBANK for supporting us in our digital transformation initiative. Napakahalaga ng suporta na ibinibigay niyo para magtagumpay ang mga programa at proyekto ng gobyerno, tulad ng digitalization,” said Secretary Pangandaman. In line with advancing efficiency and transparency, the GPC features pre-defined expenditure and credit limit; e-mail alerts for all GPC transactions; availability for online and cashless transactions via Point-of-Sale (POS); and monthly electronic statement of accounts. The GPC Program is a joint initiative of the Bureau of the Treasury (BTr), DBM and LANDBANK which aims to promote a convenient, transparent and efficient payment process to further drive public digital financial management. DBM is the third government agency to avail of the GPC, following the BTr and the Department of Finance (DOF). From January to June 2023, LANDBANK has already facilitated 998 combined transactions for the DOF and BTr, with value amounting to P5.1 million. LANDBANK is celebrating its 60th anniversary this month, representing six decades of uplifting lives, empowering communities, and serving the nation — all in pursuit of an inclusive and sustainable economy.
READ MORENational Treasurer Rosalia V. De Leon (leftmost), DICT Undersecretary David L. Almirol, Jr. (3rd from left), and LANDBANK President and CEO Lynette V. Ortiz (5th from left) lead the signing of a Memorandum of Agreement (MOA) for the electronic Government Payment Platform (eGovPay), with witnesses Deputy Treasurer Eduardo Anthony G. Mariño III (2nd from left), DICT Bureau Director June Vincent Manuel Guadan (4th from left), and LANDBANK Senior Vice President Leila C. Martin (rightmost) on 15 August 2023 in Manila. The Land Bank of the Philippines (LANDBANK) has joined hands with the Department of Information and Communications Technology (DICT) and Bureau of the Treasury (BTr) to develop a single platform for all government payments. National Treasurer Rosalia V. De Leon, DICT Undersecretary David L. Almirol, Jr., and LANDBANK President and CEO Lynette V. Ortiz led the signing of a Memorandum of Agreement (MOA) on 15 August 2023 in Manila to formalize the collaboration for the electronic Government Payment Platform (eGovPay). "We are proud to contribute to this ground-breaking initiative and lay the foundations for a centralized digital payment gateway. We are set to revolutionize how the whole government handles payments, and more importantly, provide convenience to fellow Filipinos than ever before," said LANDBANK President Ortiz. The eGovPay platform introduces a secure and centralized gateway that simplifies payment acceptance for government agencies. The platform is designed to enhance the government’s data management and reporting capabilities, slash costs tied to manual operations, and streamline the reconciliation process. Under the partnership, LANDBANK assumes the role of depository and financial settlement bank for eGovPay. The DICT will act as user and application administrator to onboard Payment Service Providers (PSP) and Government institutions to the eGovPay, and will ensure the smooth integration of different payment channels to the systems of LANDBANK. Meanwhile, the BTr will be responsible for ensuring full compliance of LANDBANK and DICT-covered agencies to the Treasury Single Account Framework, particularly on the collection and remittance of internal revenue taxes, custom duties and other national collections. This tripartite collaboration follows the development agenda of President Ferdinand R. Marcos Jr. to prioritize digitalization and promote digital payment solutions for the efficient delivery of public service. The eGovPay will also support the Adoption of Digital Payments for Government Disbursement and Collections pursuant to Executive Order (EO) No. 170, and Republic Act No. 11032 which promotes the Ease of Doing Business and Efficient Delivery of Government Services. This initiative likewise complements LANDBANK’s own phygital strategy towards improving access to reliable, relevant, and convenient financial services by continuously expanding touchpoints nationwide while developing more responsive digital channels. LANDBANK is celebrating its 60th anniversary this month, representing six decades of uplifting lives, empowering communities, and serving the nation — all in pursuit of an inclusive and sustainable economy.
READ MORETudela Mayor Samuel Parojinog (center), LANDBANK Ozamiz Branch Head Geraldine Henoctan (left), and Tudela Treasurer Phanesa Gamotin (right) display the signed agreement to digitalize the payment of local government taxes and fees. TUDELA, Misamis Occidental – The Land Bank of the Philippines (LANDBANK) will be supporting the municipal government of Tudela to digitalize payments for business-related transactions towards fostering a competitive and robust local economy. The local government unit (LGU) of Tudela is set to make use of the LANDBANK Link.Biz Portal to enable local businesses and residents in this 5th class municipality to conveniently pay for various fees online, which includes business permits, real properties, resorts, and public market rentals, among other local dues. "Our partnership with the municipality of Tudela exemplifies LANDBANK's commitment to enhance ease of doing business and increase competitiveness in the communities we serve. We will continue to leverage on innovative financial solutions to drive sustainable and inclusive growth," said LANDBANK President and CEO Lynette V. Ortiz. Tudela Mayor Samuel Parojinog, LANDBANK Ozamiz Branch Head Geraldine Henoctan, and Tudela Treasurer Phanesa Gamotin recently led the signing of the Memorandum of Agreement (MOA) to formalize the partnership. "As we look forward to LANDBANK and Tudela's partnership, I have no doubt that together, we can create a more prosperous and thriving community for everyone," said Mayor Parojinog. Tuleda LGU has been a partner of LANDBANK since 1995, with the former availing of other various LANDBANK services and facilities, such as ATM Payroll Facility, Deposit Pick-up service, and Electronic Salary Loan (eSL). LANDBANK is committed to extending an array of digital facilities and services to LGUs nationwide, in support of Executive Order No. 170, which enjoins the Adoption of Digital Payments for Government Disbursement and Collections. The Bank's digital offerings likewise support the Ease of Doing Business Law, meant to accelerate various transactions such as permit issuance for enhanced efficiency, transparency and accountability in public service delivery. As of June 2023, the LANDBANK Link.Biz Portal has a total of 449 LGU partner merchants nationwide. The Portal is also aligned with the national government's call for a National Retail Payment System, which also supports the implementation of the "eGov Pay" payment solution, as mandated by the Bangko Sentral ng Pilipinas (BSP). LANDBANK is celebrating its 60th anniversary, representing six decades of uplifting lives, empowering communities.
READ MORESSS President and CEO Rolando L. Macasaet and LANDBANK President and CEO Lynette V. Ortiz lead the signing of partnership agreements between the two GOCCs on 23 August 2023 at the SSS Main Office in Quezon City. The Land Bank of the Philippines (LANDBANK) will ensure the timely and efficient disbursement of payroll to over 6,300 employees of the Social Security System (SSS) nationwide starting 01 September 2023. Through the signing of the Service Level Agreement (SLA) between SSS and LANDBANK, the state-run Bank’s ATM payroll facility will service the direct crediting of salary, allowances, bonuses, and provident fund and loan proceeds to the LANDBANK accounts of SSS employees. SSS President and CEO Rolando L. Macasaet and LANDBANK President and CEO Lynette V. Ortiz sealed the partnership on 23 August 2023 at the SSS Main Office in Quezon City. They were joined by SSS Executive Vice President Elvira G. Alcantara-Resare and Vice President Nympha M. Ragel, alongside LANDBANK officials Executive Vice President Liduvino S. Geron, Executive Vice President Alex A. Lorayes, and Senior Vice President Leila C. Martin. “LANDBANK is privileged to service the payroll requirements of SSS and make banking more convenient for their employees through our extensive network nationwide. We bring to the table our expertise in facilitating payroll disbursements for over 2 million government employees,” said LANDBANK President Ortiz. SSS employees can transact and withdraw cash from LANDBANK’s 606 branches and branch-lite units and 2,941 ATMs, as well as 2,699 ATMs of 7-Eleven convenience stores in selected areas in the country. They can likewise conveniently complete fund transfers and bills payment transactions online using the LANDBANK Mobile Banking App and Link.BizPortal, the Bank’s web-based payment channel. During the same event, LANDBANK and SSS also signed a Memorandum of Understanding (MOU) for the efficient collection of voluntary SSS contributions from the Bank’s employees. Under the MOU, LANDBANK will automatically deduct monthly SSS payments from the payroll of Bank personnel who opted for voluntary contribution, and directly remit to SSS. LANDBANK is celebrating its 60th anniversary, representing six decades of uplifting lives, empowering communities, and serving the nation — all in pursuit of an inclusive and sustainable economy.
READ MORE(front) Malungon Mayor Maria Theresa Constantino (2nd from right), Vice Mayor Mariano S. Escalada, Jr. (rightmost), Municipal Treasurer Eva Emejas (leftmost), and LANDBANK Assistant Vice President Jojo Alcover (3rd from right) lead the launching of the partnership for the use of the LANDBANK Link.BizPortal, alongside other local government officials and officers. MALUNGON, Sarangani Province – Residents and business entrepreneurs from this municipality can now pay for dues to the local government faster online through the digital payment facility of the Land Bank of the Philippines (LANDBANK). The Municipal Government of Malungon has partnered with the state-owned Bank for the integration of the LANDBANK Link.BizPortal to its own website, which offers a wide range of local public services. Through the Link.BizPortal, clients can now pay for local fees, such as business permits and realty taxes, at their own convenience and even at the comfort of their homes. “LANDBANK’s digital banking solutions advances the National Government’s digital and financial inclusion agenda in line with its expanded mandate of serving the nation,” said LANDBANK President and CEO Lynette V. Ortiz. Malungon Mayor Maria Theresa Constantino extended her appreciation to LANDBANK’s support to accelerate the municipality’s digitalization journey. “This is the first in Sarangani to fully implement online payments. So, tell your relatives, your neighbors, that we have a new added service to make it more convenient for the people of Malungon to pay their taxes. We thank LANDBANK in bringing the service closer to every home in Malungon,” said Mayor Constantino. The LANDBANK Link.BizPortal is a digital facility that allows clients to pay for products and services via the internet from both government and private institutions. For the first six months of the year, the LANDBANK Link.BizPortal has facilitated 4 million transactions with value of P6 billion. Of its total 1,326 partner merchants, the Portal has 978 government partners of which 180 have been newly-onboarded this year. LANDBANK is celebrating its 60th anniversary, representing six decades of uplifting lives, empowering communities, and serving the nation — all in pursuit of an inclusive and sustainable economy.
READ MOREThe nominations and applications for the President and Chief Executive Officer (PCEO), and the Independent and Regular Directors of the Maharlika Investment Corporation should be sent to maharlikasecretariat@treasury.gov.ph The documentary requirements and qualifications for each position are provided below: 1. MIC BOD documentary requirements 2. PCEO qualifications 3. Regular Directors qualifications 4. Independent Directors qualifications Nominations and applications will close on Wednesday, 27 September 2023. For questions and concerns, kindly reach out to the email provided above or at (+63) 2 8524 7039.
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 |
