Finance Secretary Carlos G. Dominguez III (2nd from left), LANDBANK President and CEO Cecilia C. Borromeo (center), and incoming BSP Governor Felipe M. Medalla (rightmost) lead the inauguration rites for the LANDBANK BSP Branch on 27 June 2022. Joining them are BSP Monetary Board Members Anita Linda R. Aquino (leftmost) and V. Bruce J. Tolentino (4th from left). State-run Land Bank of the Philippines (LANDBANK) officially inaugurated a servicing unit to exclusively service the banking requirements of the Bangko Sentral ng Pilipinas (BSP). Located on the ground floor of the BSP Multi-Story Building in Malate, Manila, the LANDBANK BSP Branch will provide the central bank with convenient access to the Bank’s products and services, including payroll servicing for BSP employees and payment facilitation to its third-party suppliers. Finance Secretary and LANDBANK Chairman Carlos G. Dominguez III, LANDBANK President and CEO Cecilia C. Borromeo, and incoming BSP Governor Felipe M. Medalla led the inauguration rites for the BSP Branch on 27 June 2022. They were joined by BSP Monetary Board Members V. Bruce J. Tolentino and Anita Linda R. Aquino, Deputy Governors Eduardo G. Bobier and Bernadette Romulo-Puyat, and other LANDBANK senior officers. “The opening of the LANDBANK BSP Branch reflects our steadfast commitment to serve the requirements of the BSP in a timely and efficient manner. It also underscores our continuing support for BSP’s development agenda, in line with our unified approach in advancing financial inclusion and serving the nation,” said LANDBANK President and CEO Borromeo. More than 5,500 BSP employees—as well as employees of nearby government offices—are expected to benefit from the services of the LANDBANK BSP Branch, which is equipped with its own automated teller machine (ATM) and cash deposit machine (CDM). The servicing unit also features a Digital Corner where customers can open a deposit account in only 15 minutes or less using the Bank’s Digital Onboarding System (DOBS), a pioneering web application launched in 2019 to simplify the account enrolment process for individuals and institutional customers. Opening an account via DOBS provides automatic enrollment to LANDBANK’s digital banking channels for safe and convenient online transactions. The system also allows existing DOBS account holders to update their information. LANDBANK is the only bank present in all 81 provinces in the country with a total of 607 branches and 58 lending centers, servicing the requirements of a diverse customer base, including unbanked and underserved communities.
READ MOREStudents, public utility vehicle drivers, vendors, household helpers, farmers, fishers, and other unbanked and underserved Filipinos can now open a LANDBANK PISO account with just P1.00 as minimum initial deposit. The Land Bank of the Philippines (LANDBANK) offers a new product to help bring more unbanked and underserved Filipinos—including students, public utility vehicle drivers, vendors, household helpers, farmers, and fishers—into the country’s formal banking system. Through the LANDBANK “Perang Inimpok Savings Option” or PISO account, interested customers can open a LANDBANK deposit account with only P1.00 as minimum initial deposit and up to a maximum of P50,000 account balance. The depositor is only required to submit one (1) valid identification card or any Barangay certification, clearance, or ID for verification. The LANDBANK PISO account is being offered to individuals without an existing LANDBANK deposit account and have no capacity to open a regular deposit savings account with higher initial deposit and maintaining balance requirements. “The LANDBANK PISO is another testament of our commitment to advance the National Government’s financial inclusion agenda. We continue to develop accessible and convenient banking products relevant to the diverse needs of our customers, including the unbanked and underserved,” said LANDBANK President and CEO Cecilia C. Borromeo. With the LANDBANK PISO, accountholders can access the Bank’s array of digital banking channels such as the iAccess, Link.BizPortal, and the Mobile Banking App for fund transfer, bills payment, and balance inquiry services. Accountholders can also use the PISO account in any LANDBANK, BancNet, and 7-Eleven Automated Teller Machines (ATMs), domestic Point-of-Sale (POS) terminals, and for over-the-counter transactions in their respective LANDBANK branch of account. Interested individuals may go to the nearest LANDBANK Branch in their area to open a LANDBANK PISO account. LANDBANK remains to be the only bank present in all of the country’s 81 provinces. As of 30 June 2022, the state-run Bank operates 608 branches; 2,847 ATMs; and 233 Cash Deposit Machines nationwide.
READ MORELANDBANK South NCR Branches Group Head, Senior Vice President Ramon R. Monteloyola (center) receives the plaque of recognition on behalf of LANBANK from PAF Commanding General Lt. Gen. Connor Anthony D. Canlas, Sr. (left) and AFP Vice Chief of Staff Lt. Gen. Erickson R. Gloria (right) during the PAF 75th Anniversary Night celebration. The Land Bank of the Philippines (LANDBANK) was conferred with the Outstanding Stakeholder honor for the second year in a row by the Philippine Air Force (PAF) during its 75th Anniversary Night celebration at the Sheraton Hotel in Pasay City. The PAF recognized LANDBANK’s invaluable and continuous support over the years, notably the Bank’s digital banking facilities that the Air Force is utilizing. LANDBANK was instrumental in creating the one-time crediting system with the Air Force Accounting Office for PAF personnel’s salary and allowances; and the PAF Online Payment System which allows personnel to settle government-related accountabilities and dues through LANDBANK’s digital payment portal. “LANDBANK is one with the Philippine Air Force in its ongoing defense modernization efforts, as we continue to serve the country’s armed forces with convenient and accessible digital banking services,” said LANDBANK President and CEO Cecilia C. Borromeo. LANDBANK South NCR Branches Group Head, Senior Vice President Ramon R. Monteloyola received the plaque of recognition on behalf of the Bank from Armed Forces of the Philippines (AFP) Vice Chief of Staff Lt. Gen. Erickson R. Gloria and PAF Commanding General Lt. Gen. Connor Anthony D. Canlas, Sr. To sufficiently serve PAF personnel especially during peak demand, LANDBANK recently installed an offsite ATM in Clark Air Base and deployed a mobile ATM at the Air Education Training and Doctrine Command at Fernando Air Base in Lipa City, Batangas. The state-run Bank also previously facilitated the processing and distribution of LANDBANK ATM cards to all PAF trainees. LANDBANK is leveraging on the latest technology to support the digitalization of various government operations as part of its expanded mandate of serving the nation.
READ MOREMayor Esterlina A. Aguinaldo (left) leads the ceremonial cash withdrawal from the newly-installed LANDBANK ATM (right photo) located at the Municipal Gymnasium of the unbanked municipality of Sta. Praxedes in Cagayan. SANTA PRAXEDES, Cagayan – The residents of this unbanked municipality now have access to banking services, with the installation of a new Land Bank of the Philippines (LANDBANK) ATM at the Municipal Gymnasium along the Pan-Philippine Highway. “With the installation of this new ATM, the people of Santa Praxedes will save a lot of time, money, and effort. We are grateful to LANDBANK for granting us access to their services with this ATM,” said Santa Praxedes Mayor Esterlina A. Aguinaldo. Mayor Aguinaldo led the LANDBANK ATM inauguration on 27 September 2022 together with Vice Mayor Rene D. Estabillo, and LANDBANK Sanchez Mira Branch Head Menalyn Q. Rabaino, alongside Sangguniang Bayan members and other LGU partners. “LANDBANK continues to expand its reach to deliver banking services where it is most needed. As we promote financial inclusion, we also look forward to helping advance economic activity in Santa Praxedes,” said LANDBANK President and CEO Borromeo. The LANDBANK ATM will service all 10 barangays of Santa Praxedes in the northern part of the Province of Cagayan. The strategic location of the LANDBANK ATM will benefit government employees and private customers, who no longer need to wait in long queues and travel to other towns for their cash requirements. The LANDBANK touchpoint will also support the convenient payout for about 5,000 combined beneficiaries under the Conditional and Unconditional Cash Transfer (CCT/UCT) and Social Pension Programs of the Department of Social Welfare and Development (DSWD).
READ MOREPrepaid cardholders of the Land Bank of the Philippines (LANDBANK) can now transact for free from ATMs in selected 7-Eleven convenience stores. In addition to holders of LANDBANK Regular ATM Cards and Debit Cards, customers can also use their LANDBANK Prepaid Cards to perform cash withdrawal and balance inquiry free-of-charge in 1,980 7-Eleven ATMs in Metro Manila, CALABARZON, Pampanga, Bataan and Cebu, as of end-September 2022. For added convenience, LANDBANK cardholders now also enjoy an increased cash withdrawal limit of P20,000.00 per transaction from the previous P10,000.00. “LANDBANK continues to leverage on strategic partnerships to accelerate financial inclusion in the country. We are committed to expand the accessibility of our services, especially to the unbanked and underserved,” said LANDBANK President and CEO Cecilia C. Borromeo. This development benefits the 8.3 million previously unbanked Philippine Identification System (PhilSys) Project registrants onboarded by LANDBANK in collaboration with the Philippine Statistics Authority (PSA), as of end-September 2022. The state-run Bank is providing unbanked PhilSys registrants with their own LANDBANK transaction accounts, to bring more Filipinos into the formal banking system. LANDBANK Prepaid cardholders also include about 10 million beneficiaries under the Conditional Cash Transfer and Unconditional Cash Transfer (CCT/UCT) Programs of the Department of Social Welfare and Development (DSWD). LANDBANK partnered with Pito Axm Platform, Inc. (PAPI), the operator of 7-Eleven ATMs in the Philippines, in May of this year. The 7-Eleven ATMs effectively complement LANDBANK’s own physical network of 607 Branches and 2,899 ATMs nationwide as of end-September.
READ MORELANDBANK officers and local government officials lead the opening of four (4) new Agri-Hubs located in (clockwise from upper left) San Fernando, Bukidnon; Plaridel, Misamis Occidental; Bongabong, Oriental Mindoro; and Claveria, Misamis Oriental. This brings the total number of LANDBANK Agri-Hubs in the country to 16 as of end-2022, designed to deliver financial services closer to farmers and fishers nationwide. The Land Bank of the Philippines (LANDBANK) wrapped-up 2022 with the opening of four (4) new Agri-Hubs located in the provinces of Oriental Mindoro, Bukidnon, Misamis Occidental and Misamis Oriental, expanding its physical touchpoints to better serve farmers and fishers in the country. The state-run bank established the four Agri-Hubs in the last week of December, which will provide combined services of banking, lending and agrarian services to the country’s top rice-producing provinces, including unbanked and underserved rice farming areas. “Our continued expansion of LANDBANK Agri-Hubs across the country forms part of our commitment to deliver responsive and timely financial services to the agriculture sector, especially to small farmers and fishers. We strive to make our banking products and services more accessible especially in underserved areas to help boost agricultural production and build stronger local communities,” said LANDBANK President and CEO Cecilia C. Borromeo. LANDBANK opened its 13th Agri-Hub in the country in Plaridel, Misamis Occidental, to primarily serve over 23,000 farmers and fishers within the municipality and its neighboring town of Lopez Jaena under the leadership of Plaridel Agri-Hub Head Deborah L. Dalid. Plaridel Vice Mayor Neite Gornez and LANDBANK Calamba (Misamis Occidental) Branch Manager Gina P. Baliton graced the opening of the Plaridel Agri-Hub on 26 December 2022. LANDBANK established another Agri-Hub in Claveria, Misamis Oriental, to cater to the banking requirements of more than 13,000 farmers and fishers in the municipality. Claveria Mayor Meraluna L. Salvaleon-Abrogar, Vice Mayor Reynante L. Salvaleon, LANDBANK Vice Presidents Lina K. Pacio and Jimmy P. Arco, and Claveria Agri-Hub Head Marlita M. Cagas led the opening of the Claveria Agri-Hub on 28 December 2022. Meanwhile, the Agri-Hub in San Fernando, Bukidnon was inaugurated on 29 December 2022 by San Fernando Mayor Rogelio C. Yeke, Vice Mayor Levi C. Edma, LANDBANK Valencia Branch Head Madelyn A. Rodriguez and San Fernando Agri-Hub Head Agnesita M. Llauder to service the municipality’s 24 barangays, including 11,000 farmers and fishers. On the same day, a LANDBANK Agri-Hub in Bongabong, Oriental Mindoro was opened by Bongabong Mayor Elegio A. Malaluan, Vice Mayor Richard S. Candelario, LANDBANK Pinamalayan Branch Head Lizza Mae F. Camposano and Bongabong Agri-Hub OIC May Fatima Torres, to provide accessible financial services mainly to the 12,233 farmers and fishers in Bongabong. They were joined by Calapan Branch Head Ferdinand E. Abas, Roxas Mindoro Branch Head Lolita V. Apostol, Oriental Mindoro Lending Center OIC Elisa A. Laudencia, and Agrarian Operations Center IV Representative Henrich M. Ibaña. LANDBANK Agri-Hubs offer banking services such as account opening, withdrawals, and check encashments; lending services such as the processing of loan applications; and agrarian services such as processing of Agrarian Reform (AR) bonds and handling of agrarian-related concerns from landowners, bondholders, and agrarian reform beneficiaries (ARBs). The opening of LANDBANK’s new Agri-Hubs raises the total number of the Bank’s Agri-Hubs in the country to 16, complementing the Bank’s 607 Branches and 58 Lending Centers nationwide, as of end-December 2022.
READ MORELANDBANK President and CEO Cecilia Cayosa Borromeo (4th from left) and other Bank officers welcome Israeli Ambassador to the Philippines Ilan Fluss (3rd from left) on 17 January 2023 to discuss potential collaboration programs geared towards advancing innovation and development in the country. Joining them from Israel-based AgroStudies are CEO Yaron Tamir (2nd from left) and Deputy Inbal Shoval (leftmost). To further strengthen bilateral relations between the Philippines and Israel, the Land Bank of the Philippines (LANDBANK) and the Israel Embassy explored possible areas of collaboration to advance economic development in the country. Israeli Ambassador to the Philippines Ilan Fluss paid a courtesy visit to LANDBANK President and CEO Cecilia C. Borromeo at the LANDBANK Plaza on 17 January 2023. The principals discussed Israel’s modern technologies and best practices for possible adoption in the Philippines, to be supported by LANDBANK’s expertise in agriculture and development financing. “LANDBANK continues to explore strategic partnerships to help advance national development. We look forward to collaborate with the government towards the adoption of innovative technology and approaches, especially in the agriculture sector,” said LANDBANK President and CEO Cecilia Cayosa Borromeo, who was joined by Senior Vice President Elcid C. Pangilinan and Assistant Vice President Edgardo S. Luzano during the meeting. Ambassador Fluss was joined by representatives from AgroStudies, an international training center in Israel which offers agricultural internships to students from developing countries, led by its CEO Yaron Tamir and Deputy Inbal Shoval. A potential partnership to endorse qualified Filipino students to undergo advanced learning and skills development training in agriculture technology and innovation in Israel was also discussed, aimed to help develop a more sustainable agriculture sector in the country.
READ MORELANDBANK President and CEO Cecilia Cayosa Borromeo (3rd from left) and Lake Sebu Countryside Development Multipurpose Cooperative (MPC) Vice Chairman Felimon Elloran (leftmost) lead the signing of the Memorandum of Agreement to officially tap the cooperative as an Agent Banking Partner of LANDBANK in the municipality. Joining them are MPC Manager Rosie Makilan (2nd from left), and LANDBANK Senior Vice President Leila C. Martin (rightmost). LAKE SEBU, South Cotabato – The Land Bank of the Philippines (LANDBANK) has tapped the Lake Sebu Countryside Development Multipurpose Cooperative (MPC) to serve as its Agent Banking Partner in this underserved municipality, as part of the Bank’s mandate to advance greater financial inclusion in the country. As a LANDBANK Agent Banking Partner, the Lake Sebu Countryside Development MPC will now offer basic banking services, such as card sale, cash-in, cash-out, fund transfer, and bills payment, as well as other services that may be offered by LANDBANK in the future. The cooperative will also service the cash requirements of around 13,700 beneficiaries of the National Government’s Conditional Cash Transfer (CCT) Program in the area, who previously had to travel to the municipality of Surallah to withdraw their cash grants. “Our MOA signing represents a big step in providing access to banking services to the unbanked municipality of Lake Sebu. As we deliver our services closer to our customers here, we are also allowing them to enjoy lower transaction costs and save on travel expenses,” LANDBANK President and CEO Cecilia Cayosa Borromeo said. President Borromeo and Lake Sebu Countryside Development MPC Vice Chairman Felimon Elloran led the signing of the Memorandum of Agreement to formalize the partnership on 20 January 2023 at the Punta Isla Lake Resort in Lake Sebu. They were joined by the cooperative’s Manager, Rosie Makilan, and LANDBANK Senior Vice President Leila C. Martin. Under its Agent Banking Program, LANDBANK initiates partnerships with client cooperatives, associations, rural banks, local government units (LGUs), micro, small and medium enterprises (MSMEs), and private entities to help provide basic banking services to areas with limited or no Bank presence. As of 31 December 2022, LANDBANK has a total of 1,056 Agent Banking Partners nationwide, covering all 82 provinces and 827 municipalities. This includes 206 unbanked municipalities based on the list of the Bangko Sentral ng Pilipinas (BSP) as of December 2021, and 621 underserved municipalities or with limited LANDBANK presence. The LANDBANK Agent Banking Program is in compliance with Bangko Sentral ng Pilipinas (BSP) Circular No. 940 series of 2017, wherein banks are allowed to serve customers through cash agents contracted to perform selected banking services on its behalf in order to exponentially expand its reach and serve customers more efficiently.
READ MORELANDBANK President and CEO Cecilia Cayosa Borromeo (3rd from right) receives a plaque of commendation from Lake Sebu Mayor Floro S. Gandam (4th from right) during the Financial Literacy Training Program and Natural Farming Management Workshop in Lake Sebu, South Cotabato on 20 January 2023. Joining them are (L to R) LCDFI Chairperson Consuelo N. Padilla, HCCCI Chairman Nathaniel S. Caballero, HCCCI President Marivet S. Caballero, and LANDBANK Senior Vice Presidents Ma. Celeste A. Burgos and Leila C. Martin LAKE SEBU, South Cotabato – The Land Bank of the Philippines (LANDBANK) through its foundation successfully conducted trainings on financial literacy and natural farming in this town on 20 January 2023, in line with the Bank’s commitment to advance financial inclusion while extending support to the agriculture sector. In partnership with the Holy Child Central Colleges, Inc. (HCCCI) and the local government of Lake Sebu, the trainings were designed to enhance the technical capacity and livelihood skills of farmers, fishers, small and medium entrepreneurs, and LGU employees in the area. LANDBANK President and CEO Cecilia Cayosa Borromeo observed the training proceedings, together with Lake Sebu Mayor Floro S. Gandam, HCCCI Chairman Nathaniel S. Caballero, HCCCI President Marivet S. Caballero, LANDBANK Senior Vice Presidents Ma. Celeste A. Burgos and Leila C. Martin, and LANDBANK Countryside Development Foundation, Inc. (LCDFI) Chairperson Consuelo N. Padilla. “Apart from offering accessible credit, LANDBANK also provides innovative capacity-building interventions to our partners. We are promoting financial inclusion to advance economic opportunities and help spur sustainable development in local communities,” President Borromeo said. President Borromeo examines the natural fertilizers produced by the participants from the Natural Farming Management Workshop. Among the farmer organizations who participated in the one-day training workshop include the Lake Sebu Vegetable Association (LAS VEGAS), Lake Sebu Indigenous Women and Farmers Association (LASIWFA), and the MNLF Luhib Lake Sebu Coconut Farmers Organization (MLLSCFO). Since July 2022, LCDFI has conducted 32 training sessions that benefitted a total of 6,000 farmers, fishers, and farm laborers from all the barangays of Lake Sebu. They form part of the total 300,300 training participants that LCDFI has supported nationwide from July 2020 until December 2022, located in 196 unbanked municipalities in 53 provinces. The LCDFI is a non-stock, non-profit corporate foundation of LANDBANK, and serves as its training arm to strengthen cooperatives and assist farmers and fishers in their development.
READ MOREThe Land Bank of the Philippines (LANDBANK) is supporting the Provincial Government of Pangasinan with a P6-billion loan to fast-track various priority transportation, health, education, tourism development and urban township projects of the Province. Majority of the P6 billion omnibus term loan agreement worth P2.85 billion will fund big-ticket infrastructure projects designed to enhance mobility and upgrade healthcare services in Pangasinan. Terminals, land ports, and bus stops will be built along the Pangasinan Link Expressway (PLEX) to complete an intermodal transportation system, designed to promote better mobility to local tourist destinations. Also in the pipeline are the construction of seaports, the expansion of the Lingayen Airport, and the construction of a new airport in Bani which will support a salt farm resort likewise to be developed. The LANDBANK loan will also cover the establishment and upgrading of provincial hospitals in the city of Urdaneta, and the municipalities of Lingayen, Tayug, San Carlos, Binalonan and Umingan. “The P6-billion loan is in full support of Pangasinan’s development agenda towards a more inclusive, resilient, and sustainable local economy. This investment also underscores LANDBANK’s collaborative efforts for the province’s growth trajectory anchored on the efficient delivery of public service,” said LANDBANK President and CEO Cecilia Cayosa Borromeo. LANDBANK will also provide financing worth P1.95 billion to boost tourism activities, which include the construction of a new hotel which will carry an international brand, among other resorts for construction, and the development of event and entertainment facilities. The remaining P1.2 billion of the loan is allocated for the establishment of the Pangasinan Polytechnic College and the enhancement of several government centers. Aside from financing support, LANDBANK also opened a Corporate Center in Urdaneta City last year to provide the Province of Pangasinan wider access to convenient and responsive banking services. This year, LANDBANK will further expand its reach in the Province with three new ATMs in Alaminos City, Calasiao, and the unbanked municipality of Mapandan, alongside onboarding one Agent Banking Partner in Urbiztondo.
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 |
