Code of Conduct for LANDBANK Employees


The Constitution declares that a public office is a public trust. The Land Bank of the Philippines, being a government-owned corporation, is a public office. Our ability to secure and maintain our strong position in the banking industry depends – to a great extent – on the trust and confidence of our clients, business partners, other stakeholders and the general public.

We recognize that this kind of relationship that is founded on trust entails responsibilities from the people working for our organization. As such, we expect our employees to strive to consciously adhere to the following work principles consistent with our organization’s vision and mission as well as our core values:

  • As civil servants, we are accountable to the people we serve by committing to respond to their needs with efficiency, genuine concern and professionalism.
  • We put value on honesty and integrity in our day-to-day business dealings in the same way that we uphold these principles in our personal lives.
  • We uphold truth and justice by playing an active role in stamping out corruption and unfair business practices that taint the image of the institution and the whole bureaucracy.
  • We treat our clients and colleagues with respect, always mindful of their rights as human beings.
  • We lead simple and modest lifestyles even as we continue to take pride to work in the service of the nation.


The Code of Conduct for LANDBANK Employees (the “Code”) is written:

1. to provide guidance for all employees to enable them to conduct themselves in a manner that will merit and inspire public trust and confidence consistent with LANDBANK’s core values of social responsibility, trust, excellence and professionalism; and at all times be accountable to the people, serve them with utmost responsibility, integrity, loyalty and efficiency, act with patriotism and justice, and lead modest lives;

2. to comply with Section 3(3) of the Bangko Sentral ng Pilipinas (BSP) Circular No. 283, series of 2001 which states in part:

“x x x To conduct the affairs of the institution with high degree of integrity x x x the Board of Directors should prescribe corporate values, codes of conduct and other standards of appropriate behavior for itself, the senior management and other employees x x x”

3. to respond to the Presidential Anti-Graft Commission directive for all government institutions to adopt and implement a Code of Conduct for its employees


This Code applies to all employees of the Land Bank of the Philippines (LBP), regardless of rank, whether permanent, temporary, co-terminus or directly-hired contractuals. The term “employee” as it is used in the Code includes such individuals.

The Code covers significant provisions of existing internal policies and procedures, relevant Civil Service Law, Rules and Regulations and other applicable laws.


LANDBANK employees shall at all times perform official duties properly and diligently. They shall commit themselves exclusively to the business and responsibilities of their office during working hours unless, otherwise, properly allowed under the existing laws, rules and regulations.

1. LANDBANK employees shall carry out their responsibilities as public servants in a courteous and respectful manner without regard to race, religion, national or ethnic origin, gender or political affiliation. They shall always behave in a professional manner, with dedication, integrity and loyalty. As civil servants, they shall render prompt, efficient, total and quality service to clients.

2. LANDBANK employees shall use the resources, property and funds under their official custody in a judicious manner and solely in accordance with existing laws and regulatory guidelines or procedures. They shall use Bank facilities in the most efficient and economical way and only for legitimate business operations. They shall not alter, falsify, destroy or mutilate any record or document of the Bank.


LANDBANK employees shall maintain the confidentiality of all information acquired by them or entrusted to them by the Bank, its customers or business partners and are prohibited from making unauthorized disclosure of the same.


LANDBANK employees shall avoid conflict of interest in performing official duties.

A conflict of interest exists when:

  • the employee’s objective ability or independence of judgment in performing official duties is impaired or may reasonably appear to be impaired;
  • the employee’s private interest interferes in any way with the interests of the Bank as a whole;
  • the employee, the employee’s immediate family, or the employee’s business or other financial interests would derive undue financial gain because of the employee’s official act.The term “immediate family” shall include the following whether related by blood, marriage or adoption: spouse; children; brother/sister; parent; grandparent; grandchildren; father-in-law/mother-in-law; sister-in-law/brother-in-law; son-in-law/daughter-in-law; stepfather/stepmother; stepson/stepdaughter; stepbrother/ stepsister; half-brother/half-sister; and all other relatives within the third degree of relationship by consanguinity or affinity.
  • the employee is a member of a board, an officer or substantial stockholder of a private corporation or owner or has a substantial interest in a business, and the interest of such corporation or business, or his right or duties therein, may be opposed to or affected by the faithful performance of official duty.LANDBANK employees shall conduct their own financial affairs in a prudent manner and shall avoid financial situations that could reflect unfavorably on themselves, the Bank or its clients.


LANDBANK employees shall strictly comply with the existing laws, rules and regulations on sexual harassment as defined below and other inappropriate or improper acts against fellow employees regardless of rank and consistently exercise prudence, respect and care in their interaction with one another and the general public.

Sexual harassment as defined under CSC Administrative Disciplinary Rules on Sexual Harassment Cases (CSC Resolution No. 01-0940) is an “act, or a series of acts, involving any unwelcome sexual advance, request or demand for a sexual favor, or other verbal or physical behavior of a sexual nature committed by a government employee or official in a work-related, training or education-related environment”.


LANDBANK and its employees shall handle complaints and grievances in accordance with the Bank’s formal Grievance Procedure in line with the Grievance Machinery of the Civil Service Commission.


LANDBANK employees shall have a duty to adhere to this Code and to report violations. The Bank shall impose strict implementation of policies to ensure employee discipline.

Any violation of this Code shall be acted upon in accordance with the pertinent provisions of the Bank’s Rules on Administrative Disciplinary Cases and the Civil Service Law, rules and regulations.


All pertinent laws, rules and regulations of the Civil Service, Bangko Sentral ng Pilipinas, Commission on Audit and other government regulatory agencies and the internal issuances of the Bank governing or regulating the conduct of public officers and employees are deemed incorporated into this Code.


This Code shall take effect upon approval by the Bank’s Board of Directors.


The Code shall be distributed to all employees of the Bank.

Each employee shall sign and submit a Code of Conduct Compliance Certificate to the Personnel Administration Department (PAD) upon employment. Incumbent employees shall submit the Code of Conduct Compliance Certificate within thirty (30) calendar days from receipt of the Code.

Approved by the Board of Directors of Land Bank of the Philippines under Board Resolution No. 06-497 adopted/approved on November 23, 2006.