PROMO MECHANICS I. Qualification: This promo is open to all Security Bank, AUB, and Landbank Mastercard cardholders who will purchase on the ZALORA website or ZALORA app within the promo period using installment as the payment option. II. Promo Period and Discount: 1. Promo period valid from June 14 – 30, 2024 2. P1,000 off for a minimum spend of P5,000 and paid via installment. III. How to avail of discount: 1. Log-on to http://www.zalora.com.ph 3. Select the product. 4. Select size and click on “Add to Bag”. 5. Once finished, click CHECKOUT NOW to proceed. 6. Log in or Register by Signing in via Facebook. Input Customer Information such as name, phone number and delivery address. 7. Select Credit Card 3M/ 6M Installment as Payment Method and input Security Bank, AUB, or Landbank Mastercard card details and click installment payment. 8. Select voucher code: MASTERCARD1000 to get P1,000 off. The voucher can only be used once. For qualified cardholders who availed of the P1,000 off from May 27 – June 2, 2024, he/she is no longer entitled to avail of this promo offer. 9. Click “Order Now” to finalize order IV. Promo Exclusions: Discount is only valid for Security Bank, AUB, and Landbank Mastercard users who will pay using installment. V. Customer support: For any questions or clarifications, please contact ZALORA Philippines Facebook Page or e-mail: customer@zalora.com.ph
READ MORETuburan Mayor Jhaber S. Kallahal (2nd from right) and LANDBANK Senior Vice President Charlotte I. Conde (center) lead the signing of a P120-million loan agreement to finance the Municipal Government of Tuburan’s acquisition of various heavy equipment. Joining them are Tuburan Municipal Treasurer Abubakar U. Mohammad (rightmost), LANDBANK Zamboanga City Lending Center Head Zenaida K. Valencia (4th from right) and Account Officer Jaydee N. Bongon (leftmost). TUBURAN, Basilan – Land Bank of the Philippines (LANDBANK) has extended a P120-million loan to the Municipal Government of Tuburan for the purchase of various heavy equipment to speed-up construction and maintenance of farm-to-market roads and other crucial infrastructure projects across the town. The new equipment financed by the state-run Bank will enhance the municipality’s road network and provide over 1,500 local farmers and fishers with improved access to agricultural technology and farm material inputs, plus reduced transportation costs for their produce. The agreement between the Municipal Government of Tuburan and LANDBANK was formalized through a loan signing event led by Tuburan Mayor Jhaber S. Kallahal and LANDBANK Senior Vice President Charlotte I. Conde last 23 May 2024 in Zamboanga City. They were joined by Tuburan Municipal Treasurer Abubakar U. Mohammad, LANDBANK Zamboanga City Lending Center Head Zenaida K. Valencia and Account Officer Jaydee N. Bongon. The loan will support the local government’s strategic investments in promoting economic growth especially in the town’s underserved communities. “LANDBANK stands ready to serve the growth needs of partner local government units to bankroll initiatives that stimulate economic activities. This complements our efforts in support of the agriculture sector and other key industries contributing to building inclusive and sustainable local communities,” said LANDBANK President and CEO Lynette V. Ortiz. The P120-million LANDBANK loan will be used by Tuburan LGU to purchase 10-wheeler dump trucks, 10-wheeler mixer trucks, wheel loaders, a hydraulic crawler excavator, and a 10-wheeler self-loading truck. This will help reduce operational costs associated with renting and subcontracting equipment for current and future construction projects across the town. The municipal government requires logistics to maintain existing road networks and other infrastructure projects. The funding from LANDBANK will be crucial in addressing this need and advancing local growth, considering that Tuburan is an agricultural community with most of its land area dedicated to coconuts, rubber, and cassava. “LANDBANK’s commitment to fostering economic growth and development in our region is truly commendable. The funds provided will enable us to implement crucial projects and initiatives that will benefit our citizens and enhance the overall quality of life in our Municipality,” said Tuburan Mayor Kallahal. “We value the strong partnership we have built with LANDBANK over the years and look forward to work together towards our shared vision of a thriving and prosperous community,” he added. LANDBANK is the biggest development partner of LGUs in the country, with outstanding loans reaching P113.6 billion as of April 2024. These loans support local development projects nationwide, including the acquisition of heavy equipment, construction and maintenance of farm-to-market roads, railways and bridges, utility projects, school and hospital buildings, street lights, and computerization of LGU operations, among others. ABOUT LANDBANK LANDBANK is the largest development financial institution in the country promoting financial inclusion, digital transformation and sustainable development to benefit Filipinos. The Bank is present in all 82 provinces in the country, committed to providing accessible and affordable financial support to key players and industries as part of its broader thrust of serving the nation.
READ MOREFrom a single restaurant with 30 employees, Antonio "Chef Tony Boy" Escalante managed to translate his love for cooking into a culinary empire of multiple restaurants across the Philippines with support from LANDBANK. TAGAYTAY CITY – Just like having the right ingredients to create gastronomic experiences, to having an excellent team of chefs in the kitchen, it also takes the right people and partnerships to build a successful restaurant business. This adage rings true for Antonio "Chef Tony Boy" Escalante and the remarkable journey of the Antonio’s Group of Restaurants. Chef Tony Boy started his career not in the kitchen but in dentistry school. He then traded the dental chair for the open skies, working as a cabin crew member for Philippine Airlines for nearly a decade. However, he was only able to spread his wings and fly when he finally decided to pursue his ultimate passion – cooking. His culinary journey began at the Regency Park Institute of TAFE in Adelaide, Australia, where he honed his skills through various kitchen jobs before returning home to the Philippines. In Manila, he spent three years refining his culinary skills at the prestigious Tivoli Grill in the Mandarin Oriental Manila. In 2002, Chef Tony Boy's culinary dream materialized with the opening of his namesake restaurant in Tagaytay City. The establishment quickly became a hallmark of fine dining, lauded for its exquisite cuisine and impeccable service. Antonio’s Restaurant soon garnered numerous accolades as one of the country’s most celebrated restaurants. From 2007 to 2014, it consistently won the Best Continental Restaurant Award at Manila's Best Kept Restaurant Secrets Awards. From 2008 to 2013, it was the sole Filipino entry in the Miele Guide's Top 20 Southeast Asian restaurants, even reaching number five in the 2010 edition. Antonio's also secured the top 48th spot on Asia's Best Restaurants in 2015. Expanding the Culinary Vision with LANDBANK Chef Tony Boy wanted to expand Antonio’s operations beyond a single restaurant. In 2006, he established the Escanova Ventures which housed Antonio’s Restaurant and Breakfast at Antonio’s. He then embarked on a new venture in 2015 and put up “Balay Dako,” a restaurant offering traditional local fare and fusion cuisine with great views of Taal Lake. This required significant financial investment, with more capital needed to see plans for further expansion materialize. In 2017, Chef Tony Boy turned to Land Bank of the Philippines (LANDBANK) for a P113-million loan. This was the start of a productive partnership that laid the groundwork for sustained growth and success. The LANDBANK support supplemented Escanova Ventures’ capital, which enabled the expansion of Antonio's Fine Dining and the renovation of Breakfast at Antonio's. The loan also helped build BP One Foods Inc. to spearhead the restaurant chain's expansion across Luzon. The state-run Bank also remained a steadfast partner throughout crises, offering financial solutions and support when Antonio's Group was tested during the 2019 Taal Volcano eruption and the subsequent COVID-19 pandemic. "At the height of the pandemic, LANDBANK was there for us. They provided deferments, helped us analyze our finances, and offered tailored products that perfectly addressed our needs," shared Chef Tony Boy. Basti Escalante led the pivot to distribution and sale of Antonio’s popular products in Metro Manila during the pandemic through Pedro the Grocer. He has since played a significant role focusing on the retail side of the business. From then on, Basti became an active partner, focusing on the retail and business side of the Antonio’s chain of restaurants. This father-and-son collaboration further strengthened the Antonio's Group, allowing them to adapt and thrive amidst challenging circumstances. Empowered by LANDBANK's support, Chef Tony Boy emerged from the pandemic with renewed confidence to expand further. This financial backing and trust allowed the Antonio's Group to navigate the crises and adapt to grow amidst uncertainties. "LANDBANK believed in us, our goals, and how we run our business. This trust, even during the pandemic, was a stamp of approval that gave us the confidence to expand our ventures," said Chef Tony Boy. Cooking a Culinary Legacy What started as a single restaurant with a team of 30 has blossomed into a culinary empire of almost a thousand employees. Today, the Antonio's Group of Restaurants continues to flourish, driven by Chef Tony Boy's passion, Basti's innovative spirit, and the unwavering support of LANDBANK. "With LANDBANK's help, their banking expertise, and the dedication of their employees, we have been able to expand into Metro Manila and other cities. They have been instrumental in realizing our expansion plans," said Chef Tony Boy. Fueled by LANDBANK's commitment to empowering Filipino entrepreneurs, Chef Tony Boy’s story transcends mere culinary success. It's a narrative of how the right ingredients, the right people, and the right partnerships can create a recipe for business excellence. ABOUT LANDBANK LANDBANK is the largest development financial institution in the country promoting inclusive and sustainable development to benefit Filipinos. The Bank is present in all 82 provinces in the country, committed to providing accessible and responsive financial support to key players and industries as part of its broader thrust of serving the nation.
READ MORELANDBANK Visa Debit Card Cash Back Promotional Campaign Promo Mechanics: This promotion is open to participants nationwide, who will open a LANDBANK account with the criteria specified below: Promo Period: July 1 to September 30, 2024 (extended up to 31 December 2024) Eligibility Criteria: Open to all Filipinos who will open a LANDBANK Visa Debit Card (LVDC) account and will use the card in e-commerce transactions for the first time with a minimum purchase amount of P1,500. Mode of Account Opening: Via LANDBANK Mobile Banking App (MBA) and Over-the-Counter at any LANDBANK Branch Prize / Incentive: P100.00-credit incentive Prize Redemption: The P100-credit incentive will be credited to the account holder’s newly-opened LANDBANK Visa Debit Card Account within two (2) to four (4) days from date of e-commerce transaction. Terms and Conditions: 1. The Promotion is open to all Filipinos nationwide. 2. Promo period is from July 1, 2024 to September 30, 2024. 3. Each qualified LANDBANK Visa Debit Card account will be entitled to only one (1) cash credit/incentive, regardless of the number of e-commerce transactions that will be made using the account during the Promotion Period. 4. A client may be eligible again for a cash back if another LVDC account will be opened by the same client and will be used for an e-commerce transaction for the first time with a minimum purchase amount of P1,500 within the promo period. 5. The cash incentive shall be credited to the newly opened LANDBANK Visa Debit Card account within within 2 to 4 banking days from the date of e-commerce transaction. 6. The cash incentive is non-transferable and cannot be converted to other forms of incentives or credits. 7. Fraudulent activities or attempts to manipulate the Promotion will result to automatic disqualification. 8. All decisions made by the Bank regarding the Promotion, including eligibility and reward distribution, are final and binding with the concurrence of the DTI. 9. By joining this Promotion, the participant confirms that he/she has read, understood, and agreed to the Promotion terms and conditions. 10. To the fullest extent permitted by law, LANDBANK shall not be liable to any person for any loss, damage, expenses or claim (whether direct or indirect, and whether foreseeable or unforeseeable) arising from or in connection with the usage or attempted usage of the Promotion or and/or services provided under the Promotion.
READ MOREMECHANICS 1. LANDBANK IpoNalo Promo is open to all new and existing private individual and institutional LANDBANK deposit account holders. 2. Accountholders qualified for the LANDBANK IpoNalo Promo shall earn one (1) e-raffle ticket for every increment of PhP100,000 YTD-ADB for Private Individual Depositors and Php1,000,000 for Private Institutions/Corporates. 3. Qualified Accountholders will be notified by the LANDBANK Corporate Affairs Group (CAG), the number of their earned e-raffle ticket via SMS or email addresses. 4. E-raffle tickets are non-transferable. 5. Accountholders who are qualified for the LANDBANK IpoNalo Promo will have a chance to win any of the following prizes: 6. The promo will run from July 3, 2024 to January 31, 2025, and the e-raffle draw shall be on February 14, 2025. 7. The e-raffle draw shall be held at the LANDBANK Plaza in Malate, Manila in the presence of the Department of Trade and Industry (DTI) and LANDBANK Representatives. 8. The winning e-raffle tickets shall be drawn using the LANDBANK IpoNalo Raffle System. 9. Gadget prizes are non-transferrable and not convertible to cash. 10. Major cash prizes shall be credited to the accounts of the winners. 11. Withholding tax on cash prizes shall be paid by the bank. 12. Winners shall be notified by the LANDBANK Corporate Affairs Group (CAG) via registered mail, email and mobile number and will also be published on LANDBANK’s official Facebook Page. 13. Names of winners shall be posted on the LANDBANK website and other official social media pages (e.g. Facebook, Instagram, Twitter, Viber, etc.) 14. To claim the prize, winner must present the following to the branch of account: a) one (1) photo-bearing government issued ID b) Copy of notification letter sent by Corporate Affairs Group 15. The winner shall personally sign the Acknowledgement Receipt at the branch where the winning deposit account is maintained. a) For Sole Proprietorship, the receipt of the prize shall be to the proprietor/owner of the winning deposit account. b) For joint “and” accounts, all depositors must be present to sign the Acknowledgement Receipt. If a co-depositor is not available, a Special Power of Attorney (SPA) must be executed in favor of the other depositor to sign the Acknowledgement Receipt. In case of “or” account, any one of the depositors may sign in the Acknowledgement Receipt, provided the other depositor was properly informed by the depository branch. c) For Institutional depositors, authorized signatories may sign in the Acknowledgement Receipt. 16. If the winner is unavailable/unable to claim the prize personally, an original copy of a notarized Special Power-of-Attorney (SPA) must be presented authorizing a representative to claim the prize on their behalf. 17. The deposit account of the winner must be active and not closed during the promo period until the cash prize is credited to their account. 18. All other expenses in claiming the prizes shall be paid by the winners-depositors. 19. Redemption of prizes is until 60 days upon receipt of notification. 20. Prizes not claimed until December 31, 2025, shall be forfeited in favor of the Bank with prior approval of DTI. Other Conditions 21. Winners should agree to be featured on the LANDBANK website and other official social media pages (e.g. Facebook, Instagram, Twitter, Viber, etc.). 22. That by participating on this LANDBANK IpoNalo Promo, the accountholder winner/s hereby agrees to authorize LANDBANK to use and disclose their personal information, including but not limited to their name and branch of account for whatever marketing purposes relative to this promo. Furthermore, agree to waive any claims to royalties, rights, or remuneration for such use on LANDBANK Website, social media pages, and press releases. 23. The prize of an accountholder whose account was closed, for whatever reason, as of the date of raffle prize crediting, is automatically forfeited. 24. All disputes related to the promotion will only be accepted within sixty (60) banking days after the end of the Promo Period. 25. In case of any dispute, the decision of the LANDBANK with the concurrence of DTI shall be final with respect to the Promo, including eligibility, e-raffle ticket entitlement and prize crediting. 26. LANDBANK reserves the right to refuse to award the prize if the documents submitted are incomplete, insufficient, and inadequate or when the Bank has any reason to believe that any of the documents submitted is spurious or forged. 27. The Bank, in concurrence of DTI, reserves the right to discontinue, or cancel the promo at any time. 28. All employees of LANDBANK including its Board of Directors are disqualified from winning in the promotion. Click here to download the PDF version of the mechanics. Per DTI Fair Trade Permit No. FTEB – 196786, Series of 2024. Deposits are insured by PDIC up to P500,000 per depositor. A proud member of BancNet Regulated by the Bangko Sentral ng Pilipinas https://www.bsp.gov.ph/
READ MORELand Bank of the Philippines (LANDBANK) launched a new promo that gives depositors the chance to win up to P1 million in cash and gadgets by growing their savings with the Bank. Customers can earn e-raffle tickets and join the LANDBANK IpoNalo raffle promo by increasing their deposits in their LANDBANK accounts from 03 July 2024 to 31 January 2025. LANDBANK will be selecting one (1) winner via electronic raffle for each major cash prize of P1 million for the grand prize and P500,000.00 and P250,000.00 as the 2nd and 3rd prizes, respectively. Minor prizes also include iPhones, iPads and Macbook Airs, with 36 winners each. The campaign aims to empower the Bank’s clients to practice responsible financial habits and build financial security to help achieve their financial goals faster. “Through IpoNalo, we aim to help our clients build their savings through a broad range of secure and reliable deposit options, and possibly win prizes in the process. This is also our way of expressing our gratitude to our clients for their continued trust and loyalty,” said LANDBANK President and CEO Lynette V. Ortiz. The LANDBANK IpoNalo promo is available for new and existing clients with LANDBANK accounts, such as regular passbook and ATM savings account, dollar savings account, regular and interest-bearing current account, Easy Savings Plus (ESP), OptiSaver Account, Green Growth Account, High Yield Savings Account (HYSA), and peso or dollar time deposit account. Individual depositors will earn one (1) e-raffle ticket for every incremental average daily balance (ADB) of P100,000.00. Meanwhile, private institutional depositors will earn one (1) e-raffle ticket for every incremental ADB of P1,000,000.00. Participants must maintain their ADB until the end of the promo period on 31 January 2025 to remain eligible for the e-raffle draw on 14 February 2025. The proceeds of the promo campaign will help fund the Bank's developmental programs and initiatives in favor of its mandated and priority economic sectors. For complete details and mechanics on the LANDBANK IpoNalo promo, please visit the official LANDBANK website and social media channels, contact the nearest LANDBANK 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. ABOUT LANDBANK LANDBANK is the largest development financial institution in the country promoting financial inclusion and digital transformation to advance national development. Present in all 82 provinces in the county, the Bank is committed to provide accessible and responsive services to empower Filipinos towards a better future of inclusive and sustainable development from countryside to countrywide.
READ MORETALAVERA, Nueva Ecija – For the longest time—despite working long, hard days in the field—rice farmer Ricardo Buenaventura struggled to improve his farm’s productivity and profitability due to lack of capital. Ricardo could not pursue opportunities that would help expand his operations, such as acquiring a bigger farmland or investing in farm mechanization, with income that was just enough to sustain his family’s daily needs. Determined to provide a better life for his family, Ricardo called on his fellow farmers facing similar challenges to work together to boost their production and income. They officially formed the Nagkakaisang Magsasaka Agricultural Primary Multi-Purpose Cooperative (PMPC) in 1992 with 16 members, and Ricardo as their Chairman. As a newly-established cooperative, seeking credit assistance to support their operations proved to be a hurdle seemingly too difficult to overcome. Lenders often turned them away or offered hefty interest rates they could not afford at the time. They found the boost they needed when Land Bank of the Philippines (LANDBANK) granted the co-op their very first loan amounting to P120,000.00 to fund their working capital. “Nagtiwala sa amin ang LANDBANK kahit nagsisimula pa lamang ang aming kooperatiba. Binigyan nila kami ng pagkakataon para palakasin ang aming koop at pagbutihin ang aming kabuhayan,” said Buenaventura. Growing with LANDBANK The co-op invested in farm machinery and equipment such as hauling trucks and mechanical dryers, and was able to improve its production to around 70,000 - 100,000 sacks of rice per cropping season. That initial partnership has come a long way. LANDBANK has since increased its total loan to Nagkakaisang Magsasaka Agricultural PMPC to P1 billion to fund its expanded operations, which now include relending to finance the production of its members, rice and agri-inputs trading, diesel retailing, rice milling, onion cold storage rental and trading, and importation of milled rice and fertilizers produced by the co-op. LANDBANK has also financed the construction of warehouses and an onion cold storage, as well as the purchase of farm machinery and equipment to improve agricultural productivity. From having only 16 members, Nagkakaisang Magsasaka Agricultural PMPC’s membership base has grown to 1,500 consisting of farmers producing rice, onion and other high-value crops, backyard poultry and livestock raisers, and micro, small and medium enterprises (MSMEs) such as sari-sari store owners. "By empowering agricultural cooperatives, we are also enhancing small farmers’ access to credit, technology and other critical resources for growth. We look forward to partnering with more agri co-ops towards increasing productivity and ensuring food security in the country,” said LANDBANK President and CEO Lynette V. Ortiz. Uplifting lives of Nueva Ecija farmers With their fully-integrated services, the Nagkakaisang Magsasaka Agricultural PMPC is now able to support the growth requirements of its members throughout the entire rice production process, from planting to marketing and distribution. Aside from financing the purchase of their members’ farm inputs, the co-op also serves as a ready market for their produce, buying wet palay at a fair price. The co-op produces around 70,000 to 100,000 sacks of rice per cropping season under its own rice brand and distributes rice to consumers in Metro Manila, Quezon City, Marikina, Taguig, Parañaque, Bohol, Pampanga, and Tarlac. The co-op is also diversifying its operations to provide more assistance to its onion farmer-members and strengthen the local onion value chain. Of their P1-billion LANDBANK loan, P112 million was allocated for the construction of an onion cold storage which has allowed their members to reduce agricultural losses and improve their income. The co-op’s cold storage has a capacity of 60,000 bags of onions, allowing farmers to reduce agricultural losses and improve their income. “Sa tulong ng LANDBANK, marami na ang naipundar ng aming kooperatiba at naitulong sa palay farmers. Ngayon, nakakatulong na din kami sa onion farmers dito sa Nueva Ecija na palakasin ang kanilang produksyon,” said Ricardo. Fully operational since April 2024, the co-op’s cold storage can accommodate up to 60,000 bags of onions and is expected to benefit onion growers from the municipalities of Bongabon, Guimba, Gabaldon, Llanera and Talavera. The co-op also extends credit support to finance onion production and buys members’ produce at a more lucrative price compared to other markets in the Province in support of the local onion industry. ABOUT LANDBANK LANDBANK is the largest development financial institution in the country serving the growth requirements of the local agriculture sector and the entire agri-value chain. Present in all 82 provinces in the country, the Bank is committed to providing accessible and affordable financial support towards boosting food security and advancing inclusive and sustainable development from countryside to countrywide.
READ MOREIn the photo from left are Ayala Land, Inc. (ALI) Vice President and Treasurer Jose Eduardo A. Quimpo II, ALI Senior Vice President, Chief Finance Officer and Chief Compliance Officer Augusto D. Bengzon, ALI President and Chief Executive Officer (CEO) and AyalaLand Logistics Holdings Corp. (ALLHC) Chairman Anna Ma. Margarita B. Dy, FLOW Digital Infrastructure CEO and A-FLOW Properties I Corp. (A-FLOW) President Amandine Wang, ALI Senior Vice President, ALLHC President and CEO and A-FLOW Chairman Robert S. Lao, Land Bank of the Philippines (LANDBANK) President and CEO Lynette V. Ortiz, LANDBANK Executive Vice President and National Development Lending Sector Head Ma. Celeste A. Burgos, LANDBANK Vice President Lucila E. Tesorero and LANDBANK Vice President and Corporate Banking Department 1 Head Jell B. Ong. Makati City, Philippines – A-FLOW Properties I Corp. (A-FLOW), a joint venture between Ayala Land, Inc. (ALI) subsidiary AyalaLand Logistics Holdings Corp. (ALLHC) and FLOW Digital Infrastructure, and Land Bank of the Philippines (LANDBANK) announced the signing of a P2.4 billion loan agreement representing Tranche 1 of a P10.8 billion 10-year loan. The signing of the loan facility agreement underscores the mutual commitment to advancing the nation’s digital infrastructure and supporting the Philippines’ transition towards a more digitally integrated economy. The loan facility is intended for the development of the initial phase of the first A-FLOW data center campus located in Biñan, Laguna. Currently under construction, the 6MW-IT capacity Phase 1A of the three-building data center campus project is targeted to be ready-for-service by the end of the year. A-FLOW President Amandine Wang said, “This agreement marks a significant step forward in our shared commitment to develop the largest carrier-neutral data center campus in the Philippines. We are excited to build an ecosystem to attract a combination of international hyperscale customers and local enterprise customers.” LANDBANK President and CEO Lynette V. Ortiz emphasized the importance of collaborating with key stakeholders, “We recognize that partnering with key players like A-FLOW is essential for advancing national development. And in this era of rapid digitalization, we are likewise ready to drive investments into the local data center market, along with other sectors contributing to our nation’s technological progress,” she said. Ortiz further commented, “This is the first data center project financed by LANDBANK, and with this new partnership, we are confident that this project will yield significant economic benefits.” For ALI President and CEO and ALLHC Chairman Anna Ma. Margarita B. Dy, digital transformation, cloud computing, and the rise of artificial intelligence are technologies that require robust and scalable data center solutions. “Ayala Land is proud to be participating in this new opportunity leveraging our land and our capabilities to contribute to the country’s move towards a digital economy,” Dy said. “Like any other infrastructure project, capital is key. So, we thank LANDBANK for the P10.8 billion loan facility to A-FLOW, a critical enabler for this project,” she added. A-FLOW’s partnership with LANDBANK enables both companies to capitalize on each other’s strengths, marking a shared vision of fostering innovation and sustainable growth. This milestone collaboration underscores the importance of public-private partnerships in serving the country and achieving the nation’s development goals. About A-FLOW A-FLOW is a joint venture between FLOW Digital Infrastructure (“FLOW”), an investor, developer, and operator of digital infrastructure in Asia Pacific, and AyalaLand Logistics Holdings Corp. (“ALLHC”), the largest developer of industrial parks and real estate logistics facilities in the Philippines. A-FLOW’s first data center is strategically located in Laguna, accommodating a total of 36MW IT load capacity. With the launch of A-FLOW, the partnership supports the digital growth and expansion of businesses in the Philippines, leveraging FLOW's deep data center expertise and ALLHC's established record in industrial real estate development. About LANDBANK LANDBANK is the largest development financial institution in the country promoting financial inclusion and digital transformation to advance national development. Present in all 82 provinces in the country, the Bank is committed to provide accessible and responsive services to empower Filipinos towards a better future of inclusive and sustainable development from countryside to countrywide.
READ MORE(front) LANDBANK President and CEO Lynette V. Ortiz (center) and Burauen Mayor Juanito E. Renomeron (rightmost) lead the opening of the LANDBANK Burauen Branch on 18 July 2024, alongside Julita Mayor Atty. Percival S. Cana (2nd from left), Burauen’s Association of Barangay Captains President Fe S. Renomeron (4th from left), and LANDBANK Executive Vice President Liduvino S. Geron (leftmost). BURAUEN, Leyte – As part of its continuing commitment to bringing banking services closer to local communities, Land Bank of the Philippines (LANDBANK) has officially inaugurated a branch in Burauen, and its eighth in the Province of Leyte. LANDBANK President and CEO Lynette V. Ortiz and Burauen Mayor Juanito E. Renomeron led the inauguration rites for the branch on 18 July 2024. They were joined by Julita Mayor Atty. Percival S. Cana, Burauen’s Association of Barangay Captains President Fe S. Renomeron, LANDBANK Executive Vice President Liduvino S. Geron, and other local government officials. Located in Brgy. Poblacion District 8, the LANDBANK Burauen Branch will cater to the banking needs of residents from the 77 barangays of the town. This eliminates the need to travel to the Tacloban City branches, saving clients two (2) hours of travel time and approximately P200 in round-trip expenses. The branch’s strategic location also allows it to reach the 142 combined barangays of the municipalities of Dagami, Julita, Tabontabon, and La Paz, servicing over 11,000 farmers and fishers, 16,700 beneficiaries of the Conditional and Unconditional Cash Transfer (CCT/UCT) programs of the Department of Social Welfare and Development (DSWD), government employees, and private depositors. “Our mission is clear – to drive transformative progress from countryside to countrywide by delivering secure and reliable financial services up to the farthest corners of the archipelago. With the new LANDBANK Burauen Branch, we aim to enhance the accessibility of banking services for local residents,” said LANDBANK President and CEO Ortiz. She also committed to supporting the Province’s entire agricultural value chain by continuously extending loans to local farmers, fishers, and other players from the sector, as well as local government units for the development of essential infrastructure. The LANDBANK Burauen Branch is equipped with two automated teller machines (ATM) and features a Digital Corner where clients can open a deposit account in 15 minutes or less using the LANDBANK Digital Onboarding System (DOBS). “All of this means only one thing and that is more opportunities for us, Burawanons, in terms of financial inclusion, financial growth, and financial development. As an agricultural municipality, this would mean a lot to our farmers and to our business sector who would no longer need to travel just to inquire and avail the services of this financial institution. Truly, LANDBANK in Burauen is a blessing for us,” said Burauen Mayor Renomeron. The new branch complements the operations of seven other LANDBANK branches in Leyte located in the cities of Baybay, Ormoc and Tacloban, and the municipalities of Carigara and Hilongos. For fast, safe, and convenient cash withdrawals and transactions, LANDBANK has 61 automated teller machines (ATMs), six cash deposit machines (CDMs), and a LANDBANKasama Agent Banking Partner strategically located across the Province. Customers can also enjoy free cash withdrawals at 43 ATMs in 7-Eleven convenience stores, as part of the Bank’s partnership with Pito Axm Platform, Inc. (PAPI). As of end-June 2024, LANDBANK operates 607 branches and branch-lite units, along with 60 lending centers nationwide. This extensive network is complemented by 3,112 ATMs and 232 CDMs, 3,399 7-Eleven ATMs, and 1,101 LANDBANKasama Partners operating 1,859 point-of-sale (POS) terminals. ABOUT LANDBANK LANDBANK is the largest development financial institution in the country promoting financial inclusion and digital transformation to advance national development. Present in all 82 provinces in the county, the Bank is committed to provide accessible and responsive services to empower Filipinos towards a better future of inclusive and sustainable development from countryside to countrywide.
READ MORELANDBANK X LAZADA 8.8 SALE I PROMO MECHANICS Promo Period: August 7, 2024 8:00PM to August 12, 2024 11:59PM Qualified Cards: LANDBANK Visa Debit Cards Offer: Enjoy 15% off, capped at P500 on LANDBANK x Lazada 8.8 Sale with a min. spend of Pl,000 using your LANDBANK Debit Card The Promotion is open to all active LANDBANK Visa Debit Cards. The Promo is valid on regular and sale items at Lazada. Purchase must be made on August 7, 2024 8:00PM to August 12, 2024 11:59PM Philippine time. Discount applies for a minimum transaction amount of P1,000. The promo can be availed by collecting the discount voucher on the Promo Page valid for 3x use per customer via Lazada mobile app only. Discount will apply automatically at the Payment Page when the eligible LANDBANK Debit Card is selected as the payment method. Customer must check if discount amount is applied before proceeding to final check-out. Minimum spend applies to total price of selected items in cart prior to any discounts and other charges. HOW TO AVAIL Download the Lazada app for free via App Store for Apple users or Google Play store for Android users. Collect the discount voucher on the Promo Page. Select the item/s you wish to purchase then click "Add to Cart". Prepare your card details for the transaction. Click the Shopping Cart icon on the right, topmost portion of the screen to view all the items on your Shopping Cart. Select the item/s you wish to purchase and once you have reviewed the items on your Shopping Cart, click "Check Out". Enter your shipping and billing information and select the credit/debit card as payment method. Enter the LANDBANK Card details and make sure to check if the discount was applied to total billing before proceeding to place the order. Click "Place Order" to complete the transaction. TERMS AND CONDITIONS Discount per voucher can be used only once throughout the valid promo period. Discount is applicable to all LANDBANK Visa Debit Cards. Discount is applied automatically at the checkout only when the discount voucher has been collected. Discount is not exchangeable for cash, credit or other goods and services. Discount amount cannot be applied retroactively. Discount is not applicable to items marked "Voucher not applicable on this item". All cancelled orders will not be valid for re-instatement of vouchers. Applicable only to eligible debit card BINs and eligible items. The use of the voucher is subject to the Lazada Voucher Terms and Conditions. Discount is not applicable to digital goods, stores with digital goods product/s, milk products for 3 years old below (under the Milk Code) and other goods from blacklisted sellers set by Lazada. Minimum spend applies to total price of selected items in cart prior to any discounts and other charges. MISCELLANEOUS PROVISIONS Limited Liability. The Parties shall hold each other free from any damage or liability that may arise from or occasioned by the exercise of their rights and obligations under this Agreement except when such damage or liability is attributable to the gross negligence or willful misconduct of a Party or any of its officers, representatives or employees. Indemnity. Lazada shall defend, indemnify, and hold LANDBANK, its officers, representatives and employees, free and harmless from and against all claims, damages, liabilities and costs of every kind and character resulting from or relating to the inaccuracy, nonfulfillment or breach of any representation, warranty, covenant or obligation of Lazada. CUSTOMER SUPPORT For questions or clarifications, please contact Lazada Customer Care by clicking the chat button at http://www.lazada.com.ph/contact. Per DTI Fair Trade Permit No. FTEB-199716 Series of 2024.
READ MOREAs of Fri, April 25, 2025
| Buying | Selling | |
|---|---|---|
| USD | 56.25 | 56.75 |
| JPY | 0.388752 | 0.403776 |
| EUR | 63.163815 | 65.607824 |
| GBP | 73.988728 | 76.851588 |
| HKD | 7.223177 | 7.761414 |
As of Thu, April 24, 2025
| UITF | NAVPU |
|---|---|
| Cash Management Fund | 1.557366 |
| Money Market Fund | 1.310646 |
| PERA Money Market Fund | 1.023632 |
| Medium-Term Bond Fund | 2.470334 |
| Bond Fund | 2.024273 |
| PERA Bond Fund | 1.198883 |
| Balanced Fund | 2.585336 |
| Growth Fund | 2.562157 |
| Alpha Equity Fund | 2.96484 |
| Blue Chip Equity Fund | 0.954534 |
| Equity Fund | 0.773163 |
| High Dividend Equity Fund | 1.002938 |
| US$ Money Market Fund | 1.431822 |
| Global $ Fund | 1.518293 |
| Money Market Plus Fund | 1.223015 |
