(front row) Land Bank of the Philippines (LANDBANK) President and CEO Cecilia Borromeo (5th from left) paid a courtesy visit to Cebu CFI Community Cooperative (Cebu CFI) Chairman Atty. Winston F. Garcia (6th from left) on 15 September 2022. Joining them are Cebu CFI Board of Directors and other LANDBANK senior officials. CAPITOL SITE, Cebu – Top officials from the Land Bank of the Philippines (LANDBANK) visited the Cebu CFI Community Cooperative (Cebu CFI) to reaffirm the Bank’s continued support to the lending cooperative and its members. LANDBANK President and CEO Cecilia C. Borromeo led the contigent on 15 September 2022, together with National Development Lending Sector Head, Executive Vice President Liduvino Geron, Corporate Banking Group Head, Senior Vice President Celeste Burgos, East Visayas Branches Group Head, Senior Vice President Khurshid Kalabud, and Visayas Lending Group OIC, Vice President Allan Bisnar, among other LANDBANK officials. The state-run Bank is set to grant Cebu CFI a new rediscounting loan line facility—while renewing its existing short-term loan line—to strengthen the cooperatives’ relending services for housing and livelihood projects. Cebu CFI serves over 154,700 members nationwide composed mostly of local government employees, teachers, and private employees, with exisiting branches and sattelite offices in Luzon, Visayas, and Mindanao.
READ MORELANDBANK President and CEO Cecilia C. Borromeo (8th from right) pays a courtesy visit to DSWD Secretary Erwin T. Tulfo (8th from left) on 22 September 2022, to express the Bank’s continuing commitment to the implementation of the National Government’s social protection programs. Joining them are DSWD Undersecretaries Maria Salome P. Navarro (6th from left), Jerico Francis L. Javier (7th from left), Antonio Cid Crisanto Jr. (2nd from left), and Atty. Adonis P. Sulit (5th from left), LANDBANK Executive Vice Presidents Julio D. Climaco, Jr. (7th from right) and Liduvino S. Geron (6th from right), and other DSWD and LANDBANK senior officials. The Land Bank of the Philippines (LANDBANK) reaffirmed its continued support to the Department of Social Welfare and Development (DSWD) in ensuring the timely, safe and efficient disbursement of cash aid under the social protection programs of the National Government. LANDBANK President and CEO Cecilia C. Borromeo met with DSWD Secretary Erwin T. Tulfo on 22 September 2022, to express the Bank’s full commitment to programs and initiatives implemented for the country’s vulnerable sectors. As the main distribution arm of the government’s social protection programs, LANDBANK facilitates the regular disbursement of financial assistance under the Conditional Cash Transfer (CCT) and Unconditional Cash Transfer (UCT) programs of the DSWD. From January to August 2022, LANDBANK has released a total of P63.3 billion under the CCT program that benefitted 4.4 million low-income families for their children’s education, basic health needs and daily expenses. A total of P11.5 billion was also delivered to 3.2 million UCT beneficiaries, as part of the government’s support interventions under the Tax Reform for Acceleration and Inclusion (TRAIN) Law. Amid the rising prices of fuel and goods, LANDBANK is also working closely with the DSWD in implementing the Targeted Cash Transfer (TCT) Program to support around 12.4 million vulnerable households belonging to the bottom fifty percent (50%) of Filipino households. As of end-August 2022, the Bank has disbursed a total of P8.3 billion in cash assistance to 8.3 million household-beneficiaries under the TCT Program. The state-run Bank also upgraded the beneficiaries’ cash cards into transaction accounts to provide beneficiaries with wider access to an array of banking services, including cash card loading via LANDBANK branches, fund transfers through the LANDBANK Mobile Banking App, and cash-in via LANDBANK Cash Deposit Machines. The LANDBANK Prepaid Cards can also be used to withdraw from LANDBANK Automated Teller Machines (ATMs) and 7-Eleven ATMs free-of-charge, cash-out funds from the Bank’s Agent Banking Partners (ABPs), and make cashless purchases in groceries, pharmacies, convenience stores, and other accepting merchants via Point-of-Sale (POS) terminals.
READ MOREThe Land Bank of the Philippines (LANDBANK) is warning customers and the general public of an online scam that is using Google Ads that lead to a fake LANDBANK phishing website, designed to steal personal and financial information. LANDBANK has not placed any ads on Google. The Bank is currently working with Google to bring down these misleading ads the soonest time possible. For your security, the public is advised to directly visit the official LANDBANK website (www.landbank.com) and use the available URLs/links located in the website to access the Bank’s digital banking channels, including the official iAccess website (www.lbpiaccess.com). The LANDBANK Mobile Banking App (MBA) can also be used for safer online transactions. The Bank also reminds the public to be more critical of phishing websites masquerading as official LANDBANK websites, and to remain vigilant against phishing scams and all other forms of online banking fraud. Please do not open suspicious emails, links and attachments, and never share your account and personal information to anyone. Official LANDBANK representatives will never ask for critical financial and banking information from our customers. LANDBANK customers may report fraudulent activities to their respective handling Branch or through the LANDBANK Customer Care Hotline through (02) 8-405-7000 or 1-800-10-405-7000, or via email at customercare@mail.landbank.com.
READ MOREIn line with the modernization of the country’s transport sector, the Land Bank of the Philippines (LANDBANK) is now offering a mobile transit app for cashless and contactless payment in public utility vehicles (PUVs) equipped with the Automated Fare Collection System (AFCS) EMV solution. Through the LANDBANK mCommuter app, commuters can conveniently pay for transportation fares in AFCS-enabled vehicles by scanning the app-generated Quick Response (QR) Code, or by simply tapping their smartphones capable of supporting Near-Field Communication (NFC) technology on payment terminals. “The LANDBANK mCommuter app supports the government’s transport modernization agenda, geared towards enhancing the daily travel experience of commuters. This is part of our continued efforts to leverage digital technology to serve commuter needs,” said LANDBANK President and CEO Cecilia C. Borromeo. To register and access the features of the mCommuter app, users must be Full Wallet Accountholders of LANDBANKPay—the Bank’s all-in-one mobile wallet. Once registered in mCommuter, fares will be automatically debited from the user’s LANDBANKPay account. Users may also link their LANDBANK EMV contactless prepaid and credit cards to the app to monitor their transit payment transactions and passenger journey. Other mCommuter features scheduled for future roll-out include advance booking of tickets and discounted fares in PUV units. Starting 13 September 2022, the mCommuter app is free to download in the Google Play Store, and soon in the Apple App Store. LANDBANK and the Department of Transportation (DOTr) recently launched the interim operation of the AFCS in September, covering six (6) units of modern public utility vehicles (MPUVs) of PM Jeepney Drivers Operators and Services, Inc. (PMJDOSI). The remaining 144 MPUV units out of the total 150 PUV units shall soon be deployed in selected pilot sites in NCR, Central Luzon 3, Calabarzon, and Metro Cebu. Aside from the mCommuter app, LANDBANK contactless cards may also be used as cashless payment instruments in AFCS-enabled PUV units.
READ MORELANDBANK assisted the operations of A.R. Santiago Fish Farm, owned by Arnel Santiago (left photo) in San Mateo, Isabela, which now produces 300,000 to 500,000 tilapia fingerlings monthly that are sold regularly to fish pond operators, government agencies, and other buyers in the Cagayan Valley and Cordillera Administrative Region (CAR). SAN MATEO, Isabela – When Cagayan Valley, one of the country’s largest tilapia-producing regions, faced a region-wide shortage of tilapia fingerlings in 1993, business graduate Arnel Santiago decided to establish his own fish hatchery to help boost local production and earn additional income. With no prior experience in aquaculture but armed with determination to learn about fish farming, Arnel completed trainings on fish pond operations and established A.R. Santiago Fish Farm. He was able to sustain his operations until 2002, when running his business became a challenge due to lack of capital. It was then that Arnel availed of his first loan from the Land Bank of the Philippines (LANDBANK) to purchase feeds and modern equipment such as water pumps and a backhoe, as well as a 2.4-hectare agricultural land to expand his fish farm. Through LANDBANK’s continuing credit assistance over the years—which has since amounted to P6.4 million—Arnel’s fish production increased from an average of 100,000 tilapia fingerlings to 300,000 to 500,000 fingerlings per month. “Isang taos-pusong pasasalamat sa LANDBANK. Dahil sa tulong nila ay umasenso at napalawak ko ang aking negosyo. Nakatulong rin ako na mapunan ang kakulangan sa produksyon ng tilapia dito sa aming rehiyon,” said Arnel. A.R. Santiago Fish Farm now supplies fingerlings to various fish pond operators and buyers in Cagayan Valley and the Cordillera Administrative Region (CAR). The farm is also tapped by the Bureau of Fisheries and Aquatic Resource (BFAR) Region II and other local government units to supply fingerlings for their distribution activities to fish farmers. With his increased income, Arnel was able to purchase a solar irrigation system to power his water pumps during daytime. This has since reduced monthly operational expenses by 30%. “Consistent with the country’s continuing recovery, LANDBANK remains committed to catering to the financial requirements of the fisheries sector. We are assisting fishers and other key players to boost their production and income,” said LANDBANK President and CEO Cecilia C. Borromeo. To support the local fishing industry in Isabela, Arnel offers technical assistance to new fish breeders who want to venture into the tilapia breeding business. The A.R. Santiago Fish Farm is now accredited as a ‘Learning Site for Agriculture’ by BFAR, the Agricultural Training Institute (ATI), and Technical Education and Skills Development Authority (TESDA). Arnel has also reaped various awards for his accomplishments as a fish farmer from the Department of the Agriculture (DA) and the Local Government of San Mateo. “Gusto kong ibahagi ang aking expertise at technical knowledge sa bagong henerasyon, para masiguro ang tuloy-tuloy na paglago ng aquaculture industry sa ating bansa,” Arnel added. LANDBANK remains to be the biggest lender to the agriculture sector, with a total agri loan portfolio of P257.94 billion and having assisted more than 3.2 million small farmers and fishers nationwide as of 31 May 2022.
READ MOREIn support of building a climate-resilient agri-business value chain in the country, the Land Bank of the Philippines (LANDBANK) has approved loans totaling P5.8 billion to 15 borrowers as of 30 June 2022. Through the LANDBANK Climate Resilient Agriculture Financing Program, the Bank aims to finance farming technologies, systems, facilities and equipment that will help local farms and fisheries become more adaptive and resilient to the effects of climate change, such as severe storms and prolonged drought. “LANDBANK supports investments in innovative technologies that will help address climate change risks in the agriculture sector. This modernization is aimed towards improving the production and income of our local farmers while ensuring national food security amid the changing global climate,” said LANDBANK President and CEO Cecilia C. Borromeo. The Program can finance crop, livestock, and fishery projects that utilize climate-resilient technologies, such as the adoption of planting materials and seedling techniques for climate-resistant food crops, pipe irrigation that helps prevent water loss during dry season, and climate-adaptive farming systems such as terracing. Modern facilities and equipment that minimize harvest and post-harvest losses during typhoons can also be financed under the Program, including rice harvesters, dryers and outdoor grain storage facilities. The Program can also provide credit fund for working capital and the construction of facilities such as greenhouses, reservoirs, rainwater collecting systems, and farm-to-market roads with drainage, and other new and emerging technologies approved and endorsed by the Department of Agriculture (DA) and the concerned Municipal Agricultural Office. Under the LANDBANK Climate Resilient Agriculture Financing Program, cooperatives, associations, and private borrowers categorized as single proprietorships, partnerships, or corporations may borrow up to 80% of the total project cost. Meanwhile, local government units (LGUs) may borrow not more than their net borrowing capacity as certified by the Bureau of Local Government Finance (BLGF). Term loans for working capital and permanent working capital are payable up to one (1) year and three (3) years, respectively, while loans for fixed assets and construction of facilities are payable based on cash flow but not more than its economic useful life. The interest rate shall be based on the prevailing market rate. The LANDBANK Climate Resilient Agriculture Financing Program underscores the Bank’s commitment towards advancing a more resilient agriculture sector while promoting environmental sustainability. Meanwhile, in his recent State of the Nation Address (SONA), President Ferdinand Marcos, Jr. identified climate change and its impact on agriculture as one of the top priorities of his administration. Through the years, LANDBANK has grown into one of the leading universal banks in the country, while remaining faithful to its social mandate to promote inclusive and sustainable development. On 8 August 2022, the state-run Bank celebrated its 59th anniversary, representing almost six decades of service to the nation.
READ MORELand Bank of the Philippines (LANDBANK) President and CEO Cecilia C. Borromeo and Agrarian Reform Secretary Conrado M. Estrella III hold the signed implementing rules and regulations (IRR) for Executive Order No. 4 Series of 2022. In compliance with the directive of President Ferdinand R. Marcos, Jr., Agrarian Reform Secretary Conrado M. Estrella III and Land Bank of the Philippines (LANDBANK) President and CEO Cecilia C. Borromeo, today, September 28, 2022, signed the Joint Administrative Order providing the implementing rules and regulations (IRR) for Executive Order No. 4 Series of 2022, which declares a moratorium on the payment of land amortization and interests for agrarian reform beneficiaries. Signed by the President on September 13, 2022, the EO entitled, “Directing the Implementation of a Moratorium on the Payment of the Principal Obligation and Interest of the Amortization Due and Payable by Agrarian Reform Beneficiaries,” calls for a one-year moratorium on loan payments of Agrarian Reform Beneficiaries (ARBs) who received agricultural land under the Comprehensive Agrarian Reform Program (CARP). “It is our duty in the government to prioritize the farmers, not only because they are the ones who keep us alive, but because they will make our economy rise again,” the President said. The IRR signed by the Department of Agrarian Reform (DAR) and LANDBANK specifies that the one-year moratorium covers the payment of the Principal Value and the Annual Interest Due and payable by the ARBs. “The one-year moratorium period will provide the needed time for Congress to pass the law condoning the existing agrarian reform loans for the current ARBs and free land distribution for future beneficiaries,” Estrella said. It primarily covers the financial obligation to pay the total cost of the land under Presidential Decree No. 27, including interest at the rate of six percent (6%) per annum as provided under Section 6 of E.O. No. 228; and the financial obligation to pay the principal value including the six percent (6%) annual interest of the thirty (30)-year land amortization of the ARBs under Section 26 of RA No. 6657, as amended. “LANDBANK supports this historic initiative which is now taking off. We will provide immediate financial relief to ARBs nationwide, and yield positive results towards ensuring food security in the country,” said LANDBANK President Borromeo. LANDBANK serves as the collection agent of the National Government for land amortizations from ARBs, pursuant to its mandate as the financial intermediary of the CARP. All collections are remitted by the Bank to the Bureau of the Treasury (BTr) as part of the revenue of the National Government. The DAR-LANDBANK Joint Administrative Order covers the identification of beneficiaries qualified to avail of the one-year payment suspension, with the impact of the initiative to enhance the productivity and profitability of the ARBs duly documented and promoted. EO No. 4 directs the DAR and LANDBANK to jointly submit to the Office of the President, through the Office of the Executive Secretary, a comprehensive report on the implementation of this Order, including data on the number of ARBs actually covered and impact of the moratorium, among others. The DAR-LANDBANK Joint Administrative Order shall take effect upon publication in the Official Gazette or in a newspaper of general circulation.
READ MOREShop and dine with your Mastercard® credit card and make every swipe extra rewarding. MASTERCARD® 5X Zing Bonus Points: Mechanics 1. To be eligible under this promotion, the following must concur: The customer can be an existing or new Zing Plus Member at the time of the promotion The customer must have completed the registration process under the Zing application to become a Zing Plus Member by linking at least one Philippine issued Mastercard® - branded credit card/s (a maximum of three credit cards may be linked under Zing); The Zing Plus Member must use his/her linked Mastercard® - branded credit card to settle his/her transaction with any of the Zing Participating Merchants; The Zing Plus Member’s transaction in the relevant Zing Participating Merchant must be processed and completed within the relevant promotion period, i.e., from 12:00AM of August 1, 2022 up to 11:59PM of September 30, 2022; and A Zing Plus Member earns one (1) Zing point for every transaction worth Php200.00. With this promotion, a Zing Plus Member can earn an additional four Zing bonus points for every Php 200.00. To be entitled to the additional four bonus points under this promotion, the Zing Plus Member must spend at least Php1,000.00 in a single credit card transaction with any of the Zing Participating Merchants. The bonus points will be awarded to new or existing Zing Plus Member using the linked Philippine issued Mastercard® - branded credit card/s within the relevant promotion period. Regardless of the active and applicable promotions on a given day, a customer can earn a maximum of 500 Zing Points in a single transaction. There is also a maximum of 10,000 points that can be earned in a calendar year for Base Points (non-promotional) and another 10,000 Bonus Points that a customer can earn from sponsored or promotional programs. For this promotion, here are the sample computations of minimum and maximum points that can be earned in different purchase amounts. At minimum spend in Zing Participating Merchants at Ayala Malls: If Spend at Zing Points Points Earned ₱1,000 Base Points 1,000/200 = 5 points 5 points Bonus Points 5 points x 4 = 20 points 20 points Total Points Earned 25 points If spending in Zing Participating Merchants at Ayala Malls will reach the cap of Bonus Points: If Spend at Zing Points Points Cap Points Earned ₱60,000 Base Points 60,000/200 = 300 points 300 points Bonus Points 300 points x 4 = 1200 points capped at 500 500 points Total Points Earned 800 points Earning with multiple promotions reaching cap: If Spend at Zing Points Points Cap Points Earned ₱120,000 Fixed Points 300 points 300 points Base Points 120,000/200 = 600 points capped at 500 500 points Birthday Points (120,000/200) x 1 = 600 points capped at 500 500 points Bonus Points 600 points x 4 = 2400 points capped at 500 500 points Total Points Earned 1800 points Promo Terms & Conditions: 1. This promotion is open to all customers registered as Zing Plus members. 2. The promotion period is from August 15, 2022 until September 30, 2022. The Zing Plus Member’s transaction in the relevant Zing Participating Merchant must be processed and completed within the relevant promotion period, i.e., from 12:00AM of August 15, 2022 up to 11:59PM of September 30, 2022. 3. This promotion may be availed of by Zing Plus Members transacting with ZingMall, Cinemas and Zing Participating Merchants in the following participating Ayala Malls: Mall Name LOCATION 1 Abreeza Davao 2 Alabang Town Center Muntinlupa 3 Ayala Center Cebu Cebu 4 Bonifacio High Street Taguig 5 Capitol Central Bacolod 6 Cebu Central Bloc Cebu 7 Centrio Cagayan de Oro 8 Circuit Makati 9 Cloverleaf Quezon City 10 Fairview Terraces Quezon City 11 Feliz Marikina 12 Glorietta Makati 13 Greenbelt Makati 14 HarborPoint Subic 15 Legazpi Legazpi 16 Manila Bay Paranaque 17 Marikina Marikina 18 Market! Market! Taguig 19 MarQuee Pampanga 20 One Bonifacio High Street Taguig 21 Serendra Taguig 22 Serin Tagaytay 23 Solenad Laguna 24 The 30th Pasig 25 The District Imus Imus 26 Trinoma Quezon City 27 UP Town Center Quezon City 28 Vertis North Quezon City 4. Zing at Ayala Malls shall have a period of 14 days within which to validate the transaction between the Zing Plus Member and the relevant Zing Participating Merchant before the Zing bonus points are awarded. After Zing validates the transaction, the Zing bonus points under this promotion shall be credited to the Zing Plus Member’s account. 5. This promotion may be applied in conjunction with other Zing Bonus Promotions and the Zing Birthday promotion as long as the eligible spend is done within the active period of each promotion. 6. All transactions are subject to the Zing Terms & Conditions a copy of which is accessible through the Zing application and/or at https://www.ayalamalls.com/. 7. Fraud, abuse or any unauthorized action relating to the participation and availment of this promotion will result in the disqualification of the Zing Plus Member from the said promotion. The matter of disqualification is subject to the sound discretion of ACCI. 8. Points Redemption: The Zing Plus Member can use the Zing bonus points earned under this promotion to redeem rewards from the Zing application. Points redemption is subject to the Zing Terms & Conditions accessible through the Zing application or at https://www.ayalamalls.com/. All related provisions of Zing at Ayala Malls shall continue to apply Per DTI Fair Trade Permit No. FTEB-149105 Series of 2022
READ MOREShop and dine with your Mastercard® credit card and make every swipe extra rewarding. MASTERCARD® 500 Zing Bonus Points: Mechanics 1. Zing Plus Members with linked Philippine issued Mastercard® - branded credit cards shall earn 300 Zing Points upon spending at least Php1,500.00 in a single transaction using his/her linked Philippine issued Mastercard® - branded credit card with Zing Participating Merchants and Cinemas in participating Ayala Malls, and ZingMall. This is a fixed-points reward to be awarded ONCE to a new or existing Zing Plus Member upon reaching at least Php1,500 spend for the first during the promotion period. To be eligible under this promotion and earn 300 Zing points, the following conditions must concur: The customer is a new or existing Zing Plus Member at the time of the transaction; The customer must have completed the registration process under the Zing application to become a Zing Plus Member and have linked at least one (1) Mastercard® branded credit card (a maximum of three credit cards may be linked under Zing); The Zing Plus Member must use his/her linked Philippine issued Mastercard® - branded credit card to settle his/her transaction with any of the Zing Participating Merchants and Cinemas in participating Ayala Malls, and ZingMall; and During the promotion period, the Zing Plus Member must spend at least Php1,500.00 in a single credit card transaction with any of the Zing Participating Merchants, Cinemas, and ZingMall. The bonus points will be awarded to the Zing Plus Member upon reaching at least Php1,500 spend for the first time using the linked Mastercard® -branded credit card within the relevant promotion period. For this promotion, here are the sample computations of minimum and maximum points that can be earned in different purchase amounts. At minimum spend in Zing Participating Merchants at Ayala Malls: If Spend at Zing Points Points Earned ₱1,000 Base Points 1,000/200 = 5 points 5 points Bonus Points 5 points x 4 = 20 points 20 points Total Points Earned 25 points If spending in Zing Participating Merchants at Ayala Malls will reach the cap of Bonus Points: If Spend at Zing Points Points Cap Points Earned ₱60,000 Base Points 60,000/200 = 300 points 300 points Bonus Points 300 points x 4 = 1200 points capped at 500 500 points Total Points Earned 800 points Earning with multiple promotions reaching cap: If Spend at Zing Points Points Cap Points Earned ₱120,000 Fixed Points 300 points 300 points Base Points 120,000/200 = 600 points capped at 500 500 points Birthday Points (120,000/200) x 1 = 600 points capped at 500 500 points Bonus Points 600 points x 4 = 2400 points capped at 500 500 points Total Points Earned 1800 points Promo Terms & Conditions: 1. This promotion is open to all customers registered as Zing Plus members. 2. The promotion period is from August 15, 2022 until September 30, 2022. The Zing Plus Member’s transaction in the relevant Zing Participating Merchant must be processed and completed within the relevant promotion period, i.e., from 12:00AM of August 15, 2022 up to 11:59PM of September 30, 2022. 3. This promotion may be availed of by Zing Plus Members transacting with ZingMall, Cinemas and Zing Participating Merchants in the following participating Ayala Malls: Mall Name LOCATION 1 Abreeza Davao 2 Alabang Town Center Muntinlupa 3 Ayala Center Cebu Cebu 4 Bonifacio High Street Taguig 5 Capitol Central Bacolod 6 Cebu Central Bloc Cebu 7 Centrio Cagayan de Oro 8 Circuit Makati 9 Cloverleaf Quezon City 10 Fairview Terraces Quezon City 11 Feliz Marikina 12 Glorietta Makati 13 Greenbelt Makati 14 HarborPoint Subic 15 Legazpi Legazpi 16 Manila Bay Paranaque 17 Marikina Marikina 18 Market! Market! Taguig 19 MarQuee Pampanga 20 One Bonifacio High Street Taguig 21 Serendra Taguig 22 Serin Tagaytay 23 Solenad Laguna 24 The 30th Pasig 25 The District Imus Imus 26 Trinoma Quezon City 27 UP Town Center Quezon City 28 Vertis North Quezon City 4. Zing at Ayala Malls shall have a period of 14 days within which to validate the transaction between the Zing Plus Member and the relevant Zing Participating Merchant before the Zing bonus points are awarded. After Zing validates the transaction, the Zing bonus points under this promotion shall be credited to the Zing Plus Member’s account. 5. This promotion may be applied in conjunction with other Zing Bonus Promotions and the Zing Birthday promotion as long as the eligible spend is done within the active period of each promotion. 6. All transactions are subject to the Zing Terms & Conditions a copy of which is accessible through the Zing application and/or at https://www.ayalamalls.com/. 7. Fraud, abuse or any unauthorized action relating to the participation and availment of this promotion will result in the disqualification of the Zing Plus Member from the said promotion. The matter of disqualification is subject to the sound discretion of ACCI. 8. Points Redemption: The Zing Plus Member can use the Zing bonus points earned under this promotion to redeem rewards from the Zing application. Points redemption is subject to the Zing Terms & Conditions accessible through the Zing application or at https://www.ayalamalls.com/. All related provisions of Zing at Ayala Malls shall continue to apply Per DTI Fair Trade Permit No. FTEB-149105 Series of 2022
READ MOREBongabong Municipal Mayor Elegio A. Malaluan (5th from left) and Vice Mayor Richard S. Candelario (4th from left), together with LANDBANK representatives, lead the groundbreaking ceremony at the LGU municipal compound on 6 September 2022. The activity was witnessed by LGU officials and several local businessmen from the Municipality. BONGABONG, Oriental Mindoro – To better serve the requirements of farmers and fishers, a Land Bank of the Philippines (LANDBANK) Agri-Hub will soon rise at the compound of the Municipal Government of Bongabong. Bongabong Mayor Elegio A. Malauan, together with LANDBANK Oriental Mindoro Lending Center Head, Assistant Vice President Edwin Roel Ramos; Calapan San Vicente Branch Head, Department Manager Ferdinand E. Abas; and Pinamalayan Branch Head Lizza Mae D. Camposano, led the groundbreaking ceremony on 6 September 2022. Mayor Malauan expressed his gratitude to LANDBANK, as the new touchpoint in the locality will spur local economic growth and development—which are priorities under his administration. “The establishment of this Agri-Hub is a testament to our continued commitment to serve key players in the agribusiness value chain. We hope to generate more economic opportunities and activities in the Municipality and nearby areas,” LANDBANK President and CEO Cecilia C. Borromeo said. The construction of the LANDBANK Bongabong Agri-Hub is set to commence within the month and expected to be inaugurated in late December 2022, in addition to the Bank’s 10 existing Agri-Hubs nationwide. The Bongabong Agri-Hub will provide accessible financial services mainly to the 12,233 farmers and fishers in the Municipality, to complement the nearest LANDBANK Lending Center in Calapan City. The Agri-Hub will also deliver banking services to public and private clients of the Bank, including 5,360 beneficiaries of National Government’s Conditional and Unconditional Cash Transfer (CCT/UCT) Programs in the Municipality. The LANDBANK touchpoint will be equipped with various digital banking platforms, including the Digital Onboarding System (DOBS), which simplifies the account opening process for new clients to only 10-15 minutes.
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 |
