Taguig City Mayor Hon. Maria Laarni L. Cayetano (3rd from right) and LANDBANK President and CEO Cecilia C. Borromeo (4th from right) lead the signing of a P1.4 billion credit agreement for the City’s infrastructure projects on 6 September 2022 at the Mayor’s Office in Taguig City. They are joined by Taguig City Administrator Atty. Jose Luis G. Montales (2nd from right), City Treasurer Atty. J. Voltaire I. Enriquez (rightmost), LANDBANK National Development Lending Sector Head, Executive Vice President Liduvino S. Geron (5th from right), and LANDBANK Corporate Banking Group Head, Senior Vice President Ma. Celeste A. Burgos (leftmost). BGC, Taguig City – The Land Bank of the Philippines (LANDBANK) and the City Government of Taguig signed a credit agreement worth P1.4 billion to finance the City’s infrastructure and development projects that will cater to the educational, medical, and recreational needs of Taguigeños. Taguig City Mayor Maria Laarni L. Cayetano and LANDBANK President and CEO Cecilia C. Borromeo led the signing on 6 September 2022 at the Mayor’s Office in Taguig City. They were joined by Taguig City Administrator Atty. Jose Luis G. Montales and City Treasurer Atty. J. Voltaire I. Enriquez, along with LANDBANK National Development Lending Sector Head, Executive Vice President Liduvino S. Geron, Corporate Banking Group Head, Senior Vice President Ma. Celeste A. Burgos, and Public Sector Department Head, Assistant Vice President Melissa V.A. Abundo. “LANDBANK will continue to find opportunities to serve the nation with the City Government of Taguig, in line with our mutual goal of advancing inclusive economic growth towards building a stronger and more resilient local economy,” said LANDBANK President and CEO Borromeo. Under the agreement, LANDBANK will finance the construction and completion of the new Taguig City Hall, including its proposed community and recreational centers, and theater. The credit facility will also cover the construction and completion of the City’s General Hospital and University Complex buildings, to provide more accessible health care and educational services for its constituents, respectively. “Hopefully, this partnership will prosper through LANDBANK’s kind assistance and support. We recognize LANDBANK as one of our closest partners in development and we appreciate your assistance in pushing the City of Taguig to be even more successful than it is today,” said Taguig City Mayor Cayetano. The P1.4 billion LANDBANK credit facility is part of the P7.7 billion Omnibus Term Loan Facility (OTLF) approved by the Bank for the Taguig City LGU. LANDBANK approved the first drawdown from the OTLF amounting to P1.4 billion under the Restoration and Invigoration Package for a Self-sufficient Economy towards Upgrowth for LGUs (RISE-UP LGUs) Lending Program, to fast-track the City’s recovery from the challenges of the COVID-19 pandemic. LANDBANK also serves the City of Taguig through the disbursement of funds for the beneficiaries of the Conditional and Unconditional Cash Transfer (CCT/UCT) Programs of the Department of Social Welfare and Development (DSWD). The CCT and UCT beneficiaries can use their LANDBANK Prepaid Cards for cash withdrawals from the Bank’s nine (9) branches, 59 ATMs, and 7-Eleven ATMs located throughout the City. The state-run Bank also provides payroll and salary loan services for the City’s employees, as well as digital management of Taguig City’s institutional account via the LANDBANK weAccess—the Bank’s internet banking facility for corporate clients and government agencies.
READ MORELANDBANK President and CEO Cecilia C. Borromeo (4th from right) pays a courtesy visit to Department of Human Settlements and Urban Development (DHSUD) Secretary Jose Rizalino L. Acuzar (5th from right) on 30 August 2022 to express support for the National Government’s intensified mass housing program. Joining them are DHSUD Undersecretary Robert Juanchito T. Dispo (6th from right), alongside LANDBANK Executive Vice Presidents Liduvino S. Geron (7th from right) and Julio D. Climaco, Jr. (3rd from right), Senior Vice Presidents Randolph L. Montesa (2nd from right) and Marilou L. Villafranca (rightmost), and Vice President Francisco E. Burgos Jr. (leftmost). Land Bank of the Philippines (LANDBANK) President and CEO Cecilia C. Borromeo paid a courtesy visit to Department of Human Settlements and Urban Development (DHSUD) Secretary Jose Rizalino L. Acuzar to express support for the national government’s inclusive thrust of expanding access to affordable housing for Filipinos. The officials explored opportunities for collaboration to attract development partners, such as private developers, Local Government Units (LGUs), banks, and other financial institutions, to invest in affordable housing construction. The meeting was also attended by DHSUD Undersecretary Robert Juanchito T. Dispo, together with LANDBANK Executive Vice Presidents Liduvino S. Geron and Julio D. Climaco, Jr., Senior Vice Presidents Randolph L. Montesa and Marilou L. Villafranca, and Vice President Francisco E. Burgos Jr. LANDBANK is providing DHSUD various digital banking services, including digital payment to suppliers through the LANDBANK weAccess, and viewing of account information and preparation of reports on issued checks through the LANDBANK electronic Modified Disbursement System (eMDS).
READ MOREThe major digital banking platforms of the Land Bank of the Philippines (LANDBANK) in the first three quarters of the year have facilitated a total of 111.3 million transactions amounting to P4.6 trillion – registering 15% and 169% year-on-year growths in volume and value, respectively. Amid the continuing increase in customer demand for digital financial transactions, LANDBANK President and CEO Cecilia C. Borromeo underscored the importance of digital transformation for the state-run Bank during the “BOUNDLESS: Philippine Digital Convention 2022” held on 27 October 2022 in Parañaque City. “Digitalization enables LANDBANK to provide better solutions to the growing and varied needs of our customers. This includes delivering greater value to beneficiaries of social protection programs, government employees, local government units, and other key development sectors,” said President Borromeo at the Convention, where The total utilization growth recorded by LANDBANK in the nine-month period consists of combined transactions via the LANDBANK Mobile Banking App (MBA), weAccess, Electronic Modified Disbursement System (eMDS), Link.BizPortal, iAccess, and the LANDBANK Bulk Crediting System (LBCS). The LANDBANK MBA topped the group in terms of transaction volume, which recorded 87.6 million transactions amounting to P154.3 billion, translating to 20% and 29% increases, respectively. The overall increase in transaction value was propelled by the Bank’s corporate internet banking platform, the LANDBANK weAccess, which logged 13.26 million transactions worth P2.95 trillion – a 739% increase in value from the same period last year. Meanwhile, the LANDBANK eMDS for national government partners facilitated 1.7 million transactions worth P1.4 trillion, translating to a 19% rise in value. The Bank’s online retail banking channel, iAccess, likewise posted a 16% increase in terms of transaction value amounting to P13 billion from 3.9 million transactions. The Link.BizPortal, LANDBANK’s web-based payment facility, recorded a 50% rise in transaction volume with 4.3 million transactions worth P8.8 billion. Lastly, the LBCS — the Bank’s online electronic disbursement facility — recorded transactions amounting to P14.09 billion for a significant 575% jump compared to the same period last year. “More than the numbers – the outcome, the quality of lives of the people and communities we serve are very important. The possibilities of improving the lives of customers are boundless,” added President Borromeo. LANDBANK continues to leverage on digital technology to deliver convenient and secure financial services and products to development sectors of the economy, as part of its full commitment to serving the nation.
READ MORELANDBANK President and CEO Cecilia C. Borromeo (seated, 2nd from right) pays a courtesy visit to the Governance Commission for GOCCs (GCG) led by Chairperson Alex L. Quiroz (seated, 3rd from right) on 08 November 2022 to express support for GCG’s plans and programs towards the effective management of GOCCs in the country. The Land Bank of the Philippines (LANDBANK) expressed its continued support to the Governance Commission for GOCCs (GCG) in ensuring the delivery of responsive and efficient service of Government-Owned or-Controlled Corporations (GOCCs) to Filipinos. LANDBANK President and CEO Cecilia C. Borromeo met with GCG Chairperson Alex L. Quiroz on 08 November 2022 to explore areas of collaboration, including future plans to further optimize LANDBANK’s organizational structure. Likewise, GCG commended LANDBANK for consistently garnering a high rating on the Corporate Governance Scorecard (CGS) among GOCCs over the years, demonstrating the state-run Bank’s adherence to the highest standards of excellence in public service. Also present in the meeting from GCG were Commissioners Atty. Gideon Mortel and Atty. Geraldine Marie Berberabe-Martinez, Directors Atty. Lovely Joy Avisado and Atty. Johann Carlos Barcena, and from LANDBANK, Executive Vice President Alex A. Lorayes, Senior Vice Presidents Elcid C. Pangilinan, Joselito B. Vallada, Ramon R. Monteloyola, and other officers from the two institutions. LANDBANK currently serves the banking needs of GCG, including payroll service for its employees and convenient digital payment solutions to suppliers through the LANDBANK weAccess, the Bank’s internet banking facility for institutional clients. The Bank maintains a strong corporate governance culture anchored on integrity, transparency, and accountability, as part of its continued commitment to deliver quality financial and support services in serving the nation.
READ MORELANDBANK President and CEO Cecilia C. Borromeo (4th from left) and other Bank officers pay a courtesy visit to San Juan City Mayor Francisco Javier M. Zamora (seated) on 09 November 2022, to express support for the LGU’s digitalization and infrastructure projects for the city. SAN JUAN CITY – The Land Bank of the Philippines (LANDBANK) reaffirmed its commitment to the City Government of San Juan in supporting its digitalization and infrastructure development agenda for the welfare of the City’s residents. LANDBANK President and CEO Cecilia C. Borromeo paid a courtesy visit to San Juan City Mayor Francisco Javier M. Zamora on 09 November 2022 to discuss ongoing joint initiatives and explore other opportunities for collaboration to accelerate the City’s growth and development. LANDBANK has financed the LGU’s infrastructure projects over the years, including the construction of its City Hall and the San Juan Medical Center, as well as the acquisition of medical equipment for the healthcare facility. The two principals discussed the possible construction of a local government center in the City to house government offices, sports facilities, and other support services. LANDBANK likewise supports San Juan City’s digitalization thrust by providing secure and reliable digital banking services for the efficient operations of the LGU. These services include digital account management via the LANDBANK weAccess and digital tax payments through the LANDBANK Electronic Tax Payment System (eTPS). The San Juan LGU previously signed a Memorandum of Agreement (MOA) with the Bank to utilize the LANDBANK Link.BizPortal, and will soon be able to provide local residents a safe, reliable, and efficient online payment solution to pay their taxes, permits, and other fees. Also in partnership with the LGU, micro, small and medium enterprises (MSMEs) in the City also conveniently received their LANDBANK Cash Cards loaded with P10,000.00 financial aid under the Pangkabuhayan sa Pagbangon at Ginhawa (PPG) of the Department Trade and Industry (DTI), to help them recover from the adverse effects of the pandemic. Along with other LANDBANK customers, the beneficiaries can transact from the Bank’s four (4) Branches and seven (7) automated teller machines (ATMs) in San Juan City.
READ MORE(L-R) LANDBANK Senior Vice President Ramon R. Monteloyola, Securities and Exchange Commission (SEC) Commissioner McJill Bryant T. Fernandez and Director Dondie Q. Esguerra, lead the ceremonial signing of the amended Memorandum of Agreement (MOA) for the LANDBANK Online Collection (OnColl) facility on 28 November 2022 at the SEC Headquarters in Makati City. The Land Bank of the Philippines (LANDBANK) and the Securities and Exchange Commission (SEC) have strengthened their partnership for the efficient processing of registration applications and payments. Under the amended Memorandum of Agreement (MOA), LANDBANK and SEC have updated their processes for the acceptance of payments of all SEC fees and transactions covered by a Payment Assessment Form (PAF) through the LANDBANK Online Collection (OnColl) facility. The LANDBANK OnColl facility facilitates around 2,000 transactions per month for the SEC, which covers applications for company registrations, and the verification and reservation of corporate names, among others. New SEC Accounts shall also be enrolled in the LANDBANK weAccess, for the convenient online viewing and downloading of Online Collection Reports by the SEC. SEC Commissioner McJill Bryant T. Fernandez, Financial Management Department Director Dondie Q. Esguerra, and LANDBANK South NCR Branches Group Head, Senior Vice President Ramon R. Monteloyola, signed the amended MOA on 28 November 2022 at the SEC Headquarters in Makati City. “LANDBANK fully supports the digitalization journey of the SEC to respond to the evolving needs of its customers. Our renewed partnership furthers the ease of doing business with the Commission through the delivery of convenient services,” said LANDBANK President and CEO Cecilia C. Borromeo. For his part, SEC Commissioner Fernandez said that the LANDBANK OnColl will help in the Commission’s efforts to transition from over-the-counter transactions to online payments. “[This] will provide real-time and accurate reporting and monitoring made through online collections that will further strengthen our mandate towards transparency, accountability and good governance,” said Commissioner Fernandez. Payments to SEC applications can be made in 609 LANDBANK branches nationwide as of 31 October 2022. LANDBANK and SEC are likewise working towards upgrading current processes, from using the OnColl facility into the Link.BizPortal—LANDBANK’s web-based payment channel—to better serve the growing demand for safe and contactless online payment options.
READ MOREDICT Secretary Ivan John E. Uy (4th from right) and LANDBANK President and CEO Cecilia C. Borromeo (2nd from right) sign the Inter-Government Agency Memorandum of Understanding (MOU) for E-Governance on 2 December 2022 at the Marriot Hotel in Pasay City, Manila, together with (from L-R) MinDa Chairperson Maria Belen S. Acosta, GSIS President and General Manager Jose Arnulfo Veloso, DTI Usec. Herminio C. Bagro III, DILG Usec. Lord A. Villanueva, and SSS President Michael Regino. The Land Bank of the Philippines (LANDBANK) and the Department of Information and Communications Technology (DICT) have partnered to synergize initiatives in ensuring the interoperability of the applications and systems of both institutions. DICT Secretary Ivan John E. Uy and LANDBANK President and CEO Cecilia C. Borromeo formalized the collaboration with a Memorandum of Understanding (MOU) signed during the Inter-Government Agency MOU Ceremonial Signing for E-Governance event on 2 December 2022 at the Marriot Hotel in Pasay City, Manila. Under the MOU, LANDBANK and DICT will harmonize, coordinate, and integrate their Information and Communications Technology (ICT) efforts, which include resource sharing, database building and agency networking linkages. “Our Memorandum of Understanding with the DICT represents another significant step in LANDBANK’s digital transformation journey, leveraging on innovative partnerships and investing in digital solutions to deliver secure financial services and products to our customers,” said President Borromeo. From January to October 2022, LANDBANK’s major digital banking platforms have facilitated a total of 123.3 million transactions amounting to P4.8 trillion, translating to 14% and 156% year-on-year growths in volume and value, respectively. The LANDBANK Mobile Banking App (MBA) for retail customers recorded 97 million transactions amounting to P171.3 billion for 18% and 28% growth rates, respectively. The Bank’s corporate internet banking platform, the LANDBANK weAccess, facilitated 14.2 million transactions worth P3 trillion, representing an unprecedented 664% jump in value from the same period last year. The LANDBANK Electronic Modified Disbursement System (eMDS) for national government partners logged 1.9 million transactions with total value of P1.6 trillion, translating to increases of 17% and 20% in transactions and value, respectively. Meanwhile, the LANDBANK iAccess continued to post a 16% growth in transaction value amounting to P14.3 billion from 4.3 million transactions. The Bank’s web-based payment facility, the LANDBANK Link.BizPortal, likewise continued to record a 50% rise in transaction volume with 4.9 million transactions worth P9.8 billion. Lastly, the LANDBANK Bulk Crediting System (LBCS) facilitated transactions worth P18.9 billion for a significant 608% leap compared to the same period last year.
READ MOREThe six major digital banking channels of the Land Bank of the Philippines (LANDBANK) posted an unprecedented P5.6 trillion in terms of value in 2022—equivalent to a 126% growth year-on-year—as the Bank continues to ramp-up efforts toward digital and inclusive banking. The state-owned Bank facilitated a total of 155.8 million digital transactions for a 14% increase over the previous year, as more customers shift to using convenient, reliable, and safe digital banking solutions. “LANDBANK’s digital channels continue to service the growing customer demand for contactless financial transactions. We are driven to support our expanding retail customer base, to deliver convenient and responsive services to more customers nationwide,” said LANDBANK President and CEO Cecilia Cayosa Borromeo. The LANDBANK Mobile Banking App (MBA) facilitated the highest number of transactions among the channels at 123.6 million amounting to P227 billion, recording jumps of 19% in transactions and 32% in value from the previous year. Meanwhile, the Bank’s online retail banking channel, iAccess, posted a 15% rise in transactions value year-on-year to P17.7 billion. The LANDBANK Link.BizPortal facilitated 5.8 million transactions amounting to P11.6 billion, equivalent to 49% and 11% increases, respectively. The web-based payment facility also onboarded 314 new partners for a total of 1,136 merchants, of which 798 are from the public sector. For corporate clients, the LANDBANK weAccess yielded a significant leap of 540% in total value over the previous year, with P3.13 trillion in transactions. For national government agency partners, the Electronic-Modified Disbursement System (eMDS) facilitated 2.5 million or 15% more transactions, amounting to P2.1 trillion representing a 22% growth rate. The LANDBANK Bulk Credit System (LBCS) facilitated 1.8 million transactions amounting to P28.5 billion, for increases of 1,526% and 697%, respectively. For 2023, LANDBANK is looking to grow its digital transactions by at least 60% in terms of both volume and value. The Bank is also implementing an intensified communication campaign through its social media channels to help protect customers from phishing scams and other forms of online banking fraud. LANDBANK posts weekly #SafeModeMonday, #FraudFreeFriday and #ScamAlert featuring reminders and best practices on its social media channels, to regularly provide the public with tips on spotting cyberattacks, how to prevent different forms of phishing, and keeping online credentials confidential, among other online security measures.
READ MORESEALED PARTNERSHIP – (front row) Bohol Governor Erico Aristotle C. Aumentado (right) and LANDBANK President and CEO Cecilia Cayosa Borromeo (left) lead the signing of a Memorandum of Agreement for the Fish Buy Back Program on 10 March 2023 at the Bohol Provincial Capitol in Tagbilaran City. Joining them are officers of the participating fishers’ associations, fish vendor and trader groups, together with other LANDBANK and local officials. TAGBILARAN CITY, Bohol – The Land Bank of Philippines (LANDBANK) and the Provincial Government of Bohol have partnered for the roll-out of an innovative fish buy-back scheme that will provide local fishers a sure market for their daily catch while reducing the consumer price of fish in the province. Under the Fish Buy Back Program, the Provincial Government of Bohol will directly buy the fish catch of local fishers’ associations and handle the sales to partner trader groups. LANDBANK, for its part, will ensure the availability of affordable financing to support the operations of the participating parties and facilitate the disbursement of cashless payments under the partnership. Bohol Governor Erico Aristotle C. Aumentado and LANDBANK President and CEO Cecilia Cayosa Borromeo Borromeo signed a Memorandum of Agreement (MOA) on 10 March 2023 at the Bohol Provincial Capitol in Tagbilaran City for the Fish Buy Back Program. They were joined by Provincial Administrator Aster C. Caberte, LANDBANK Senior Vice Presidents Elsie Fe NB. Tagupa and Khurshid U. Kalabud, along with participating fishers’ associations, and fish vendor and trader groups. “We are pleased to take part in this timely and impactful initiative to advance the local fishing industry, which will benefit both local fishers and consumers. You can be assured of LANDBANK’s steadfast commitment to the objectives we have set out to accomplish under this program,” said LANDBANK President Borromeo. Under the partnership, LANDBANK will provide loans to 25 participating fishers’ associations through the Department of Agriculture’s (DA) Agricultural Competitiveness Enhancement Fund (ACEF), to support the acquisition of fishing equipment such as fishing boats, marine engines, and fish nets, as well as production inputs for fish cage culture. The Bank will also extend loans to 10 partner fish vendor and trader groups for the purchase of local fish catch from the Provincial Government, including its commercial distribution, at a price lower than the prevailing market price. “I’d like to thank LANDBANK for allowing us to have this project. We cannot do it without your support,” said Governor Aumentado, adding that he looks forward to more collaboration projects with the Bank. The Provincial Government of Bohol is expected to officially implement the Fish Buy Back Program in the four priority municipalities of Talibon, Bien Unido, Getafe, and Buenavista this March at the earliest, with plans of eventual roll-out in other parts of the province. LANDBANK has already approved a total of P162.8 million in loans for 17 fishers’ associations and 7 fish trader groups to jumpstart the Fish Buy Back Program. They will enjoy an annual interest rate of as low as 2%, with a repayment period of five (5) years, payable every six months from the date of the initial drawdown. Meanwhile, in line with the Provincial Government’s push for digitalization, the Program will adopt a cashless arrangement for faster and more secure disbursement of funds. All payments between the Provincial Government, fishers’ associations and trader groups will be facilitated through LANDBANK’s iAccess and weAccess facilities. Members of the participating fishers’ associations have also been encouraged to use the LANDBANK Mobile Banking App and LANDBANKPay to enjoy free and real-time fund transfers.
READ MORELANDBANK President and CEO Cecilia Cayosa Borromeo (6th from left) welcomes the Filinvest Group of Companies (Filinvest) led by Filinvest Development Corporation’s (FDC) President and CEO Lourdes Josephine Gotianun-Yap (5th from left) at the LANDBANK Plaza in Manila. (L to R) Joining them from Filinvest Land, Inc. (FLI) are Manager Jayson Soriano; Senior Assistant Vice President Danilo Calilap; Executive Vice President and CFO Ana Venus Mejia; and President & Chief Strategy Officer Tristaneil Las Marias. Also representing LANDBANK are Senior Vice Presidents Ma. Celeste Burgos and Lucila Tesorero; Assistant Vice President Melissa Abundo; and Account Officer Grace Limboc. The Land Bank of the Philippines (LANDBANK) and the Filinvest Group of Companies (Filinvest) recently discussed various potential collaboration projects for the conglomerate’s business ventures in real estate, power and energy, hospitality and sugar production. LANDBANK President and CEO Cecilia Cayosa Borromeo and FDC President and CEO Lourdes Josephine Gotianun-Yap led the exploratory meeting at the LANDBANK Plaza, for funding FGC’s real estate businesses under the Filinvest Land Investment (FLI), among its 18 other corporations. Funding requirements were also discussed to support Filinvest’s water desalination project in Cebu and the expansion of its hotel operations. In 2021, LANDBANK granted a P2-billion loan to FLI—one of the leading real estate developers in the country—to partially finance expansion in its various real estate projects. Key FLI officers joined the meeting, including President and Chief Strategy Officer Tristaneil Las Marias; Executive Vice President Ana Venus A. Mejia; Senior Assistant Vice President Danilo Calilap; and Loan Manager Jayson Soriano. LANDBANK was also represented by Senior Vice Presidents Ma. Celeste A. Burgos and Lucila Tesorero; Assistant Vice President Melissa Abundo; and Account Officer Grace Limboc. LANDBANK is also providing Filinvest various digital banking services, including digital payment to suppliers through the LANDBANK weAccess, and online Modified Disbursement System (MDS) transactions through the LANDBANK electronic Modified Disbursement System (eMDS).
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 |
