LANDBANK bags three ADFIAP awards

LANDBANK won Merit Awards for environmental development, infrastructure development, and financial inclusion at the ADFIAP Development Awards 2022 on 26 October 2022.  The Land Bank of the Philippines (LANDBANK) garnered three Merit Awards during the 45th Association of Development Financing Institutions in Asia and the Pacific (ADFIAP) Annual Meeting on 26 October 2022 at the Conrad Hotel in Pasay City. “These recognitions from the ADFIAP highlight LANDBANK’s expanded coverage as a development institution. We will continue our efforts to help address climate change; support key economic industries to recovery and resiliency; and fast-track financial inclusion nationwide,” said LANDBANK President and CEO Cecilia C. Borromeo. LANDBANK received the Merit Award on Environmental Development for the Renewable and Efficient Alternative (REAL) Energy Financing Program, which supports renewable energy projects that promote local capacity for climate change adaptation and mitigation.  As of 31 August 2022, LANDBANK has approved P20.2 billion in loans to 59 borrowers under the REAL Energy Financing Program.  The Bank also received the Infrastructure Development Merit Award for providing efficient right-of-way appraisal services for the infrastructure projects of the Department of Public Works and Highways (DPWH) and Department of Transportation (DOTr). In 2021, the Bank successfully appraised around 10,000 properties for 92 big-ticket infrastructure projects for roads, highways, bridges, and railways, to help stimulate local economic activities, attract foreign investments, and create employment opportunities. LANDBANK likewise received the ADFIAP Merit Award for Financial Inclusion for its contribution to the Enhanced Partnership Against Hunger and Poverty (EPAHP) initiative, which aims to mitigate hunger, ensure food and nutrition security, and reduce poverty in urban and rural communities. The Bank alloted P2 billion under the LANDBANK EPAHP Lending Program to extend collateral-free loans to farmers and fishers groups organized as Community-Based Organizations (CBOs), who in turn supply food items for the feeding programs of partner government agencies.  LANDBANK has released under the EPAHP Lending Program a total of P9.6 million to seven agri suppliers as of September 2022 The ADFIAP is on its 45th year of recognizing outstanding leadership achievements by individuals and organizations in the Philippines and across the Asia-Pacific region.

Victorias LGU, LANDBANK partner to boost digitalization effort

Victorias City Mayor Javier Miguel Benitez (2nd from right), LANDBANK Victorias Branch Manager Rosie Cuadernal (leftmost), SPIDC Vice President Rommel Cunanan (3rd from right), and Victorias City Treasurer Maria Rosielyn Gustilo (rightmost) show the formal agreement to digitalize the payment of local government taxes and fees.     VICTORIAS, Negros Occidental – The City Government of Victorias signed a Memorandum of Agreement with the Land Bank of the Philippines (LANDBANK) in line with efforts to digitalize tax payment collection and enhance public service delivery in the municipality. The partnership formalizes the integration of the LANDBANK Link.BizPortal with the Victorias LGU's Web Service Portal to provide residents convenience in paying for fees related to business permits, real properties, resorts and public market rentals, among other local dues. Victoria LGU's Web Service Portal is managed by the Systems & Plan and Integrator and Development Corporation (SPIDC).  "LANDBANK fully supports the City Government of Victorias in their continued journey towards digitalization. This collaboration is a testament to the Bank's unwavering commitment to collaborate with local government units to provide innovative digital products and services to the public," said LANDBANK President Lynette V. Ortiz. The MOA signing was completed along the sidelines of the public launch of the LGU’s Web Service Portal led by Victorias City Mayor Javier Miguel Benitez, Victorias City Treasurer Maria Rosielyn Gustilo, SPIDC Vice President Rommel Cunanan, and LANDBANK Victorias Branch Manager Rosie Cuadernal. The Victorias LGU has been a valued client of LANDBANK since 1996. Apart from the Link.BizPortal, it also avails of various LANDBANK digital facilities including RFID ATM Payroll, Electronic Salary Loan (eSL), the Enhanced Human Resource Information System (HRIS), and the weAccess, the Bank’s internet banking facility for institutional clients. LANDBANK is offering various digital products and services to LGUs nationwide, in support of their compliance to Executive Order 170 or the Adoption of Digital Payments for Government Disbursement and Collections. The LANDBANK Link.BizPortal is likewise in line with the national government’s call for a National Retail Payment System, which also supports the “eGov Pay” payment solution of the Bangko Sentral ng Pilipinas (BSP).             

Towards improving ease of doing business: LANDBANK backs Tudela LGU digitalization efforts

Tudela 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.             

Mastercard x Agoda Promo

Terms and Conditions Up to 10% discount on hotel bookings worldwide Discount is applied on checkout with an eligible Mastercard card issued in Australia, Brunei, Cambodia, China, Hong Kong, India, Indonesia, Japan, Korea, Laos, Macao, Malaysia, Myanmar, New Zealand, Philippines, Singapore, Taiwan, Thailand and Vietnam.   The Promotion discount will only be displayed on the booking form after entering payment details of an eligible Mastercard credit card.   This Promotion is only valid for hotels that have the “Promotion Eligible” banner on the search results page and “Pre paid”, “Pay now” and “Book Now, Pay later” room types only. Rooms that have the “Pay at the Hotel” flag do not qualify for the promotion.   The Promotion is only applicable to the reservation of properties made through the Agoda-Mastercard campaign redirect or via the designated URL on web, app and mobile website.   The Promotion discount is applicable to accommodation room charges only (excluding local taxes, service fees, extra charges, personal consumptions and the like).   The APP promotion eligibility will expire if the cardholders do not finish checkout within 2 hours of campaign redirect.   The Promotion is non-transferable, non-cumulative, cannot be exchanged for cash or other products and cannot be used in conjunction with any other promotions, discounted items and fixed price items (unless specified).   In the event of any discrepancy between the English and local language version of these terms and conditions, the English version shall prevail.   The Promotion is subject to the terms and conditions of Agoda. In case of dispute, the decision of Mastercard and/or Agoda shall be final.   Mastercard and/or Agoda can change the terms & conditions at any time. This is only eligible for cards issued in Australia, Brunei Darussalam, Cambodia, China, Hong Kong, India, Indonesia, Japan, Macao, Malaysia, New Zealand, Philippines, South Korea, Singapore, Taiwan, Thailand, Laos, Vietnam, Myanmar    

Agoda x Visa Promo

Get 8% off hotel bookings with Agoda Agoda is one of the world's fastest growing online travel booking platforms. From its beginnings as an e-commerce start-up based in Singapore in 2005, Agoda has grown to offer a global network of 2 million properties in more than 200 countries and territories worldwide. Privilege: Get 8% off hotel bookings with Agoda Terms & Conditions: 1. Details of the Promotion as follows: 8% off hotel bookings made with an eligible VISA card Booking Period: until December 31, 2025 Stay Period: until March 31, 2026 Destination: worldwide 2. The Promotion is available to the qualifying and eligible cardholders of VISA cards issued in the Philippines which bears the VISA name and logo on the face of the card. Cardholders must settle payment with their valid VISA in order to enjoy the Promotion. 3. The Promotion is only applicable to the reservation of selected and designated merchant properties in certain destinations, made through a dedicated Promotion landing page only at following URL: www.agoda.com/visaph 4. Agoda reserves the right to launch selected and temporary “tactical offers” at higher discount levels for selected countries. 5. The Promotion is subject to the terms and conditions of Agoda. In case of dispute, the decision of VISA and/or Agoda shall be final. 6. This Promotion is only valid for hotels that have the “Promotion Eligible” banner on the search results page and “Pre paid”,“Pay now” and “Book Now, Pay later” room types only. Rooms that have the “Pay at the Hotel” flag do not qualify for the promotion. 7. The Promotion discount is applicable to accommodation room charges only (excluding local taxes, service fees, extra charges, personal consumptions and the like). 8. The Promotion is non-transferable, non-cumulative, cannot be exchanged for cash or other products and cannot be used in conjunction with any other discount, promotions, discounted items and fixed price items (unless specified). 9. VISA and/or Agoda can change the terms of conditions at any point of time. The Promotion can be suspended or cancelled at any point in time without prior notice. 10. This Promotion is independent of, and unrelated to, any offer or arrangement between VISA and the cardholder (payment facility, etc.), which is at VISA’s sole discretion and for which VISA is solely responsible and liable. 11. The Promotion discount will only be displayed on the booking form of the Promotion landing page after entering a valid VISA card number. Redemption URL: https://www.agoda.com/visaph Promo runs from March 1, 2022 – December 31, 2025 Per DTI Fair Trade Permit No. FTEB-162661 Series of 2023

Mastercard x Agoda Promo 2024

Up to 12% discount on hotel bookings worldwide Book your hotels via Agoda’s dedicated offer page and enjoy up to 12% discount. 12% discount (Capped at US$50) for Mastercard® World and World Elite Consumer credit, debit and selected Mastercard Platinum Consumer Prepaid cards* 10% discount (Capped at US$25) for all other Mastercard Consumer credit, debit and prepaid cards Booking Period: Now to 31 December 2024 Stay Period: Now to 31 December 2025 Terms & Conditions: Up to 12% discount on hotel bookings worldwide Discount is applied on checkout with an eligible Mastercard Consumer credit, debit and prepaid cards issued in Australia, Brunei, Cambodia, China, Hong Kong, India, Indonesia, Japan, Korea, Laos, Macao, Malaysia, Myanmar, New Zealand, Philippines, Singapore, Taiwan, Thailand and Vietnam.   The Promotion discount will only be displayed on the booking form after entering payment details of an eligible Mastercard Consumer credit, debit and prepaid cards.   This Promotion is only valid for hotels that have the “Promotion Eligible” banner on the search results page and “Pre paid”, “Pay now” and “Book Now, Pay later” room types only. Rooms that have the “Pay at the Hotel” flag do not qualify for the promotion.   The Promotion is only applicable to the reservation of properties made through the Agoda-Mastercard campaign redirect or via the designated URL on web, app and mobile website.   The Promotion discount is applicable to accommodation room charges only (excluding local taxes, service fees, extra charges, personal consumptions and the like).   The APP promotion eligibility will expire if the cardholders do not finish checkout within 2 hours of campaign redirect.   The Promotion is non-transferable, non-cumulative, cannot be exchanged for cash or other products and cannot be used in conjunction with any other promotions, discounted items and fixed price items (unless specified).   In the event of any discrepancy between the English and local language version of these terms and conditions, the English version shall prevail.   The Promotion is subject to the terms and conditions of Agoda. In case of dispute, the decision of Mastercard and/or Agoda shall be final.   Mastercard and/or Agoda can change the terms & conditions at any time. *Select list of Mastercard Platinum prepaid cards: Australia – Cash Passport Platinum, Australia Post Travel Platinum, Qantas Travel Money Card, Westpac Worldwide Wallet, Travelex Money Card India – Canara International Travel Prepaid Platinum, Punjab World Travel Card, J&K Forex Multicurrency Prepaid, HDFC Super Premium Card, TMB Multicurrency Travel Card, HDFC Travel Forex Card Japan – Cash Passport Platinum, JAL Prepaid Card New Zealand – OneSmart, Cash Passport Platinum, Travelex Money Card Philippines – GrabPay Mastercard Singapore – GrabPay Mastercard Benefit Information To redeem this offer, please click the respective links. Valid until 31 December 2024. This is only eligible for cards issued in Australia, Brunei Darussalam, Cambodia, China, Hong Kong, India, Indonesia, Japan, Macao, Malaysia, New Zealand, South Korea, Singapore, Taiwan, Thailand, Laos, Vietnam, Myanmar, Philippines.

A-FLOW signs P2.4-billion Tranche 1 Loan of a P10.8-billion 10-Year Facility with LANDBANK

In 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. 

ITB-GS-20211213-01 - Appraisal Services for Various Collaterals and Properties (4 Lots)