Land Bank of the Philippines was awarded with the Innovative Company / Sustainability Company by the Asia CEO Awards.
READ MORELand Bank of the Philippines was awarded with the Brand Star Award by the Philippine Social Media Awards for the Bank's unprecedented social media growth.
READ MOREThe Land Bank of the Philippines (LANDBANK) has approved more than P100 billion in loans for 365 local government units (LGUs) nationwide as of end-January 2022. The substantial financial assistance to LGUs is in line with the Bank’s commitment to hasten the revival of local economies and communities affected by the pandemic. Under its RISE-UP LGUs (Restoration and Invigoration package for a Self-Sufficient Economy towards UPgrowth for LGUs) Lending Program, LANDBANK extends loans to provincial, city, and municipal governments to finance COVID-19 response and recovery intervention projects. Eligible projects allowed under the RISE UP LGUs include the purchase of agricultural produce, acquisition of equipment and construction of facilities to link products to the market, including other programs and projects of the LGU that provide basic and support services, social welfare, healthcare, and other infrastructure activities. Since its launch in July 2020, the Program has gained wide acceptance by LGUs that the state-run bank has increased its fund allocation to P150 billion—15 times more than the P10-billion initial fund—to accommodate the needs of more LGUs. “Together with our local government partners, LANDBANK remains at the forefront of delivering essential services for the Filipino people and the nation at large. LANDBANK is the biggest development partner of the LGU sector, with all provinces, cities, and municipalities now maintaining deposit accounts with LANDBANK,” said LANDBANK President and CEO Cecilia C. Borromeo. LANDBANK is encouraging LGUs to promptly draw on their approved and enrolled loans under the RISE UP LGUs Lending Program and take advantage of the interest subsidy. Interested LGUs may contact the nearest LANDBANK Lending Center or Branch nationwide, or call LANDBANK’s customer service at (02) 8-405-7000 or at PLDT Domestic Toll Free 1-800-10-405-7000.
READ MOREThe Land Bank of the Philippines (LANDBANK) has approved loans totaling P30.96 billion as of end-January 2022 to help cooperatives and local businesses recover from the impact of the COVID-19 pandemic. Through the I-RESCUE (Interim REhabilitation Support to Cushion Unfavorably affected Enterprises by COVID-19) Lending Program, LANDBANK has supported a total of 687 borrowers, composed of 462 micro, small and medium enterprises (MSMEs), 115 cooperatives, 105 large enterprises, and five (5) microfinance institutions (MFIs). “LANDBANK recognizes the crucial role of local businesses to ramp-up the country’s ongoing economic recovery. We will continue to provide timely and accessible credit assistance to serve their financial requirements amid the pandemic and beyond,” said LANDBANK President and CEO Cecilia C. Borromeo. Launched in April 2020 at the height of quarantine restrictions to stem the rising COVID-19 infections, the I-RESCUE Lending Program aims to provide credit and loan restructuring assistance to businesses adversely affected by the pandemic, under more flexible terms and conditions. Under the Program, eligible borrowers may loan up to 85% of their emergency or permanent working capital requirements, with an affordable interest rate of 5% per annum for three (3) years, subject to annual re-pricing thereafter, and payable up to 10 years with a maximum of two (2) years grace period on the principal repayment. The Program also offers a sub-credit facility for MSMEs and cooperatives, as well as self-employed individuals duly registered with the Department of Trade and Industry (DTI) and the Securities and Exchange Commission (SEC), classified to be critically affected by the pandemic. The LANDBANK I-RESCUE Lending Program is available until December 31, 2022. Interested borrowers may contact the nearest LANDBANK Lending Center or 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.
READ MOREAll local government units now maintain their deposit accounts with the Land Bank of the Philippines (LANDBANK). This enables LANDBANK to further expand its role as the biggest development partner of the LGU sector towards inclusive local development. "LGUs are LANDBANK's primary partners on the ground in promoting inclusive and sustainable growth. Having all LGUs in our deposit base ensures that we can cover and better service local development requirements across the country,” said LANDBANK President and CEO Cecilia C. Borromeo. LANDBANK remains to be the biggest lender to the LGU sector with outstanding loans reaching almost P70 Billion, most of which are for various agri-aqua projects, transportation, and healthcare initiatives. LANDBANK is the biggest government-owned universal bank that delivers timely and responsive financial and support services primarily to small farmers and fishers, key development industries, LGUs and government agencies, among others, towards promoting inclusive countryside development.
READ MOREState-run Land Bank of the Philippines (LANDBANK) sold P87.8 billion or more than 19% of the recently concluded Retail Treasury Bonds Tranche 27 due 2027 (RTB-27). The Bureau of the Treasury (BTr) raised a total of P457.8 billion for this issue. Proceeds from the issuance will fund the country’s COVID-19 recovery measures, construction of infrastructure projects, refinancing of existing debts, and other key national expenditures toward advancing economic development and resilience. “LANDBANK’s active participation in the RTB-27 offering is in line with our continued support to the National Government in ramping-up socio-economic development initiatives. We are one with the whole nation in rising towards the new economy,” said LANDBANK President and CEO Cecilia C. Borromeo. From 15 to 28 February 2022, LANDBANK sold the RTB-27 through traditional over-the-counter placements in its branches nationwide and via its various online investment channels, allowing more Filipino retail investors to participate in the said offering safely and conveniently. More than P66 million in sales were processed through the LANDBANK Mobile Banking App, and almost P19 million through the LANDBANK portal via the BTr Online Ordering Facility. More than P13 million was facilitated through the mobile banking app of the Overseas Filipino Bank (OFBank)—the official digital bank of the Philippine government and a subsidiary of LANDBANK. The RTB-27 is a low-risk investment instrument with a coupon rate of 4.875% per annum, offered at a minimum investment of P5,000 and in multiples of P5,000 thereafter. Interest payments will be paid quarterly during the term of the bond. LANDBANK is Joint Lead Issue Manager for the RTB-27 issuance, as part of its continued support to advancing greater financial inclusion and raising the state’s resources for emergency, recovery, and resiliency programs.
READ MOREJeepney drivers have successfully claimed their Pantawid Pasada cash cards loaded with P6,500 fuel subsidy at LANDBANK Cubao Branch in Quezon City on 18 March 2022, as part of the National Government’s support intervention to PUV drivers amid the rising fuel prices. The driver-beneficiaries can use the cash cards to purchase fuel at participating fuel stations nationwide. About 87,500 jeepney drivers nationwide have already received fuel subsidy worth P6,500 each, as Land Bank of the Philippines (LANDBANK) ramps up support to public utility vehicle (PUV) drivers challenged by the sudden rise in fuel prices. LANDBANK, in close coordination with the Department of Transportation (DOTr) and the Land Transportation Franchising and Regulatory Board (LTFRB), has credited fuel subsidies totaling P569 million for existing Pantawid Pasada cash cardholders under the Fuel Subsidy Program as of 17 March 2022. More than 377,000 PUV driver-beneficiaries are eligible to receive the subsidy under the Program. “LANDBANK is one with the National Government in providing immediate support interventions to PUV drivers to weather the impact of the fuel price surge. We are working closely with the DOTr and LTFRB to complete the distribution of the fuel subsidy to all beneficiaries nationwide at the soonest time possible,” said LANDBANK President and CEO Cecilia C. Borromeo. Apart from jeepney drivers, the Fuel Subsidy Program beneficiaries also include drivers of UV express units, minibuses, buses, shuttle services, taxis, tricycles, and other full-time ride-hailing and delivery services nationwide. Beneficiaries without Pantawid Pasada cash cards will be provided cash cards at designated LANDBANK branches as identified by the LTFRB. The Pantawid Pasada cash cards can be used to purchase fuel at participating fuel stations nationwide. LANDBANK continues to partner with national government agencies to ensure the timely, safe and efficient delivery of financial interventions to eligible beneficiaries, as part of the Bank’s commitment to serving the nation.
READ MOREShop at Lazada using your Visa card and enjoy Php 100 OFF I. Qualifications • The Promo is valid on regular and sale items at Lazada. • Purchase must be made on select dates from January 1, 2022 12:00 am to March 31, 2022 11:59 pm Philippine time, except on March 27. • Discount applies with a minimum spend of P2,500, charged to Visa Credit, Debit and Prepaid Card. Discount is capped at P100. • Discount can be availed through a voucher code to be applied on purchases in Lazada and is open to new and existing Lazada customers. Customers should use the voucher code VISA100OFF to avail the discount. • Discount will apply when the voucher is entered at the Payment Page and the eligible Visa Credit, Debit and Prepaid Card is selected as the payment option. Customer must check if voucher is applied before proceeding to final check-out. • 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. II. How to Avail 1. Open the Lazada website (www.lazada.com.ph) or download the Lazada app for free via App Store for Apple users or Google Play store for Android users. 2. Select the item/s you wish to purchase then click “Add to Cart”. Prepare your card details for the transaction 3. Click the Shopping Cart icon on the right, topmost portion of the screen to view all the items on your Shopping Cart. 4. Select the item/s you wish to purchase and once you have reviewed the items on your Shopping Cart, click “Check Out” 5. Input the voucher code on the checkout page to apply the discount. Enter your shipping and billing information and select the credit card as payment 6. Enter your Visa Credit/Debit/Prepaid Card details and make sure to check if the discount was applied to total billing before proceeding to place the order. 7. Click “Place Order” to complete the transaction. III. Terms and Conditions 1. Discount can be used only once throughout the valid promo period. 2. Discount is applicable to all Visa Credit/Debit/Prepaid Cardholders. Maximum discount is P100. 3. Discount is applied automatically at the checkout only when the voucher has been successfully applied on the order. 4. Discount is not exchangeable for cash, credit or other goods and services. 5. Discount amount cannot be applied retroactively. 6. Discount is not applicable to items marked “Voucher code not applicable on this item”. 7. Applicable only to eligible Visa card BINs and eligible items. 8. All cancelled orders will not be valid for re-instatement of voucher codes. 9. Payment codes cannot be used with other collectible or static code discount vouchers. 10. The use of the voucher is subject to the Lazada Voucher Terms and Conditions. IV. Customer Support For questions or clarifications, please contact Lazada Customer Care by clicking the chat button at http://www.lazada.com.ph/contact.
READ MOREGet 10% bonus Razer Gold when you use Visa Promo Mechanics • The promotion is valid only from 4 Feb 2022, 00:00:00 to 30 Apr 2022, 23:59:59 (PH Time). • Promo is valid in Philippines only. • The promotion is only applicable for users who reload Razer Gold wallet using VISA. • A valid Razer ID and a Razer Gold account are required to qualify for the promotion. • During the promo period, users who reload Razer Gold account using VISA will get 10% bonus Gold. • User can get 10% bonus Gold, up to P1000 per transaction. • Minimum wallet reload to get bonus Gold is P1,000. • Bonus Gold will be credited to user's Razer Gold account automatically. • All bonus Gold credits will have a validity of two (2) months from the date of reloading into users’ Razer Gold Wallets and will expire if it is not utilized. • Razer will not be responsible for any loss of PINs, credits, in-game items, and/or purchased items after successful payment transactions have been made. • Razer Gold reloads and purchases made with Razer Gold are non-refundable, non-transferable, or non-exchangeable for cash. • Please submit a support ticket to Razer Gold Customer Support should there be any issues during the transaction with Razer Gold. • Razer reserves the right to suspend or terminate any Razer Gold transactions which are found to be fraudulent or abusing the promotion. • Promotion terms and conditions are subject to change at Razer’s sole discretion without prior notice. • Other terms and conditions apply. Please visit Razer Gold Terms of Service for more information. DTI Fair Trade Permit No. FTEB-134648, series of 2022.
READ MOREIn line with the National Women’s Month celebration this March, the Land Bank of the Philippines (LANDBANK) reported that its gender and development (GAD) budget attribution reached more than 50% of its corporate operating budget (COB) for 2022. LANDBANK’s GAD budget attribution is an all-time high and an exponential increase from 9.33% in 2021, meant to further mainstream GAD in the Bank’s policies, programs, and activities. As part of its continued commitment to advance gender equality and women empowerment, the state-run Bank’s unprecedented GAD budget is expected to translate to the delivery of more inclusive and gender-responsive services, especially for unbanked and underserved women in the country. This initiative also forms part of LANDBANK’s compliance with Republic Act No. 9710 or the Magna Carta of Women (MCW), which requires that at least 5% of the COB be attributed to GAD, as overseen by the Philippine Commission on Women (PCW). “LANDBANK has made significant strides in promoting GAD initiatives. We shall continue to sustain and intensify these efforts to mainstream gender equality and women empowerment, which includes exploring avenues for integrating gender-sensitive policies in all our processes and programs,” said LANDBANK President and CEO Cecilia C. Borromeo. LANDBANK’s GAD budget for 2022 will fuel the roll-out of GAD-related programs, such as client consultations on gender needs, conduct of gender sensitivity trainings, and evaluation of lending programs for the advancement of GAD. LANDBANK also supports the National Government’s gender mainstreaming agenda through the creation of Regional GAD Focal Point Systems, grant of leave benefits under the MCW, and adoption of activities recommended by PCW, among others. Lastly, the Bank actively supports the implementation of Republic Act No. 11313 or The Safe Spaces Act through information campaigns on zero-tolerance of gender-based sexual harassment in the workplace and other public areas. For more details about LANDBANK’s GAD initiatives, visit the LANDBANK GAD Corner on its official website at www.landbank.com/gad-corner.
READ MOREAs of Thu, April 24, 2025
| Buying | Selling | |
|---|---|---|
| USD | 56.25 | 56.75 |
| JPY | 0.3874 | 0.402414 |
| EUR | 62.825564 | 65.256485 |
| GBP | 73.561749 | 76.408087 |
| HKD | 7.222614 | 7.76079 |
As of Wed, April 23, 2025
| UITF | NAVPU |
|---|---|
| Cash Management Fund | 1.557277 |
| Money Market Fund | 1.310499 |
| Money Market Plus Fund | 1.222999 |
| PERA Money Market Fund | 1.023529 |
| Medium-Term Bond Fund | 2.470284 |
| Bond Fund | 2.024201 |
| PERA Bond Fund | 1.198958 |
| Balanced Fund | 2.586074 |
| Growth Fund | 2.562272 |
| Alpha Equity Fund | 2.965405 |
| Blue Chip Equity Fund | 0.955259 |
| Equity Fund | 0.775159 |
| High Dividend Equity Fund | 1.007571 |
| US$ Money Market Fund | 1.431701 |
| Global $ Fund | 1.516504 |
