FIND US

LANDBANK backs Biliran’s dev’t push


July 19, 2022

The Provincial Government of Biliran tapped LANDBANK to finance the construction of a flood control system in the Municipality of Naval (left photo) and acquisition of medical equipment and ambulances (center and right photos), among other development projects to enhance the delivery of essential public services in the province. 

BILIRAN – State-run Land Bank of the Philippines (LANDBANK) is doing its share to accelerate recovery and development of this island province by catering to the banking and financial needs of the provincial government and its eight municipalities. 

LANDBANK is the sole servicing bank in Biliran with a 100% share in deposits and loans of all local government units (LGUs) of the province—making the Bank the biggest development partner of the LGUs towards inclusive and sustainable local development.

“Biliran is full of promising opportunities with its rich natural resources and flourishing agriculture and tourism sectors. LANDBANK fully supports the province’s development agenda by servicing the requirements of all LGUs and other local stakeholders,” said LANDBANK President and CEO Cecilia C. Borromeo. 

As of 30 June 2022, LANDBANK has approved loans to Biliran LGUs amounting to P747.9 million, which include financing for the construction of road networks, waterworks systems, public markets and government buildings, and acquisition of essential equipment, among others. 

In support of the Provincial Government’s COVID-19 response, LANDBANK financed the acquisition of medical equipment and supplies to boost the healthcare services of the Biliran Provincial Hospital—the only public hospital in the province. 

The Bank likewise supported the provincial government in the acquisition of land and sea ambulances to assist all municipalities for the expedient transfer of patients to the provincial hospital. 

The provincial government was also assisted by the Bank to complete a four-kilometer road, drainage and flood control systems, water reservoir and perimeter fence in the Municipality of Naval, which serves as the provincial capital. 

LANDBANK’s outstanding loans to Biliran’s agriculture sector have reached P79.2 million, with nearly 25,000 farmers and fishers assisted as of end-June 2022. Major provincial commodities financed include the production of milkfish and palay.

At the same time, LANDBANK also facilitates the regular disbursement of subsidies to over 20,000 local 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 eight automated teller machines (ATMs) and three Agent Banking Partners (APBs) in the province, as well as for cashless purchases in groceries and drugstores with point-of-sale (POS) terminals. 

The LANDBANK Prepaid Cards are now upgraded into transaction accounts with expanded features to provide a more convenient banking service to users. New features include receiving funds from LANDBANK accounts through fund transfers via the LANDBANK Mobile Banking App (MBA), iAccess, the LANDBANK Remittance System (LBRS) for overseas remittances, ATMs, and from other bank accounts via InstaPay and ATM fund transfers.

LANDBANK is also providing Biliran LGUs digital banking facilities designed to enhance operational efficiency. These services include digital account management via the LANDBANK weAccess, online payment and collection of local fees and charges powered by the LANDBANK Link.BizPortal, and digital tax payments through the LANDBANK Electronic Tax Payment System (eTPS). 

The Bank is also looking to expand its accessible touchpoints with two additional ATMs in the towns of Kawayan and Cabucgayan within the year.

LANDBANK, the only bank present in all 81 provinces in the country, is the biggest development partner servicing the LGU sector, with outstanding loans reaching P79.23 billion as of end-May 2022 and all LGUs nationwide maintaining deposit accounts with the state-run Bank.
 


Other Stories

LANDBANK, UTAC partner to support 8,000 farmers

  LANDBANK President and CEO Lynette V. Ortiz (4th from left) and Unified Tiller Agriculture Cooperative (UTAC) CEO Artemio N. Guzman (5th from left) ink the collaboration through the LANDBANK AGRISENSO Plus Lending Program to empower over 8,000 farmers and ARB members of UTAC. Also present are Department of Agriculture (DA) Undersecretary Roger V. Navarro (leftmost), LANDBANK Executive Vice President Ma. Celeste A. Burgos (3rd from left), First Vice President Eden B. Japitana (2nd from left), UTAC Vice Chairman Earl P. Gorospe Jr. (6th from left), Treasurer Rizzean B. Jose (7th from left), Board Member Angelo S. Pineda (rightmost), and Agricultural Credit Policy Council (ACPC) Executive Director Ma. Cristina Lopez (8th from left). MANILA, Philippines — In a move to help boost rice production and cushion farmers from rising input costs, LANDBANK has partnered with the Unified Tiller Agriculture Cooperative (UTAC) under the Bank’s flagship AGRISENSO Plus Lending Program, further strengthening its support for rural livelihoods and the national food supply chain. The partnership aims to empower more than 8,000 farmers and Agrarian Reform Beneficiaries (ARBs) with access to affordable financing, technical support, and stable market channels for their produce. “We firmly believe that meaningful change begins with meaningful collaborations. LANDBANK remains fully committed to supporting UTAC and their partners through accessible financing, technical assistance, and dedicated loan servicing—ensuring that no farmer is left behind in our shared journey,” said LANDBANK President and CEO Lynette V. Ortiz. Under the collaboration, LANDBANK will provide the financing backbone and training support through its AGRISENSO Plus and ASCEND Programs. UTAC will provide the technology of Regenerative Farming protocols, supplies agricultural inputs, buy, process and sell agricultural outputs, extensive support and comprehensive assistance and increasing farmers’ profitability.  The partnership signing on 14 April 2025 was led by LANDBANK President and CEO Ortiz and UTAC CEO Artemio N. Guzman, with LANDBANK Executive Vice President Ma. Celeste A. Burgos, First Vice President Eden B. Japitana, UTAC Vice Chairman Earl P. Gorospe Jr., and Treasurer Rizzean B. Jose as witnesses. “We appreciate LANDBANK's steadfast support, and we are dedicated to uplifting our farmers not only through financial services but also by nurturing long-term growth opportunities,” said UTAC CEO Guzman. UTAC becomes the sixth anchor partner under the AGRISENSO Plus Lending Program, joining SariSuki, TAO Foods, KITA Agritech, Syntegral Global Solutions, and Yovel East in advancing modernization of the agriculture sector across the country. As of March 2025, LANDBANK has released P877.98 million in loans under AGRISENSO Plus, benefitting nearly 4,700 borrowers nationwide. This partnership underscores LANDBANK’s mandate to advance Philippine agriculture by empowering smallholder farmers and supporting the entire agri value chain. Through targeted financing and strong partnerships, the Bank continues to drive inclusive growth and strengthen national food security. About LANDBANK LANDBANK is the largest development financial institution in the country promoting financial inclusion, digital transformation, and sustainable national development. Present in all 82 provinces in the county, the Bank is committed to provide accessible and responsive financial solutions to empower Filipinos from countryside to countrywide. About UTAC The Unified Tiller Agriculture Cooperative (UTAC) is a cooperative based in Cagayan, Isabela, dedicated to improving the lives of rice farmers. UTAC focuses on enhancing agricultural productivity, promoting sustainable farming practices, and providing its members with the resources and support they need to thrive.  

LEARN MORE

LANDBANK shines with dual honors at PDS Awards

  LANDBANK bags two awards at the Philippine Dealing System (PDS) Annual Awards Night in recognition of its contributions to advancing the Philippine capital market. (Right photo) Accepting the awards on behalf of LANDBANK are Senior Vice President Gonzalo Benjamin A. Bongolan (2nd from left) and Assistant Vice President Glenn R. Aguda (3rd from left), presented by PDS Group President Ramon S. Monzon (leftmost) and PDEx President and CEO Antonio A. Nakpil (rightmost). MAKATI CITY, Philippines—Highlighting its growing contribution to advancing the Philippine capital market, LANDBANK was honored as one of the top-performing institutions at the 2025 Philippine Dealing System (PDS) Annual Awards Night. The state-run bank clinched 3rd place in the Top 5 Corporate Issue Managers/Arrangers – Bank Category, in recognition of its vital role in facilitating the issuance of corporate fixed-income securities in 2024. The award honors institutions that led or arranged the largest volume of listed corporate securities offered during the year. The Bank also ranked 4th among the Top 5 Fixed-Income Brokering Participants, highlighting the Bank’s strong presence in the fixed-income market and significant contribution to overall trading volume by face amount. LANDBANK Senior Vice President Gonzalo Benjamin A. Bongolan and Assistant Vice President Glenn R. Aguda accepted the awards on behalf of the Bank on 4 April 2025 at the Makati Diamond Residences. Since 2005, the PDS Group, comprising the Philippine Dealing System Holdings Corp. and its subsidiaries, has been recognizing outstanding performance, leadership, innovation, and contributions to the capital market through its annual awards.  These accolades underscore LANDBANK's strategic role in deepening the local capital markets, in line with its broader mission of supporting agriculture and other key development sectors in driving inclusive and sustainable development. ABOUT LANDBANK LANDBANK is the largest development financial institution in the country promoting financial inclusion, digital transformation, and sustainable national development. Present in all 82 provinces in the county, the Bank is committed to provide accessible and responsive financial solutions to empower Filipinos from countryside to countrywide. 

LEARN MORE

LANDBANK extends P1.3-B financing for Isabela Feed Mill Complex

  ILAGAN CITY, ISABELA — LANDBANK has sealed a financing deal with Sagittarian Agricultural Philippines, Inc. (SAPI) to support the construction of the Isabela Feed Mill Complex, reinforcing its commitment to advancing the country’s agricultural sector. Under the partnership, LANDBANK will provide a P1.2 billion loan to partially fund the development of the 15-hectare feed mill facility in the country’s corn capital, plus an additional P100 million credit line to support SAPI’s working capital needs. Strategically located in this city to maximize Isabela’s abundant corn supply, the Feed Mill Complex will be leased to Charoen Pokphand Philippines Corporation (CPFPC), a leading food and agro-industrial company and a long-standing LANDBANK client. The project is expected to increase corn prices from P1.00 to P2.00 per kilogram, benefiting an estimated 97,734 small farmers across Isabela and neighboring provinces. “With this investment, LANDBANK reaffirms its commitment to modernizing the agricultural sector, empowering local farmers, and strengthening the country’s food security and support the agriculture value chain,” said LANDBANK President and CEO Lynette V. Ortiz. The loan and credit line signing ceremony was led by LANDBANK Northern Luzon Lending Group Head First Vice President Eduardo N. Reyes Jr. and Northern Isabela Lending Center Head Myra Myrtha M. Padolina, alongside SAPI President and CEO Jose Avelino C. Diaz and Corporate Secretary Atty. Danver Albert R. Arzaga. Also present as witnesses were City of Ilagan Mayor Josemarie L. Diaz, Vice Mayor Kyrill S. Bello, CPFPC Vice President Suchart Panparn, Assistant Vice President Darwin Lictawa, and LANDBANK Account Officer Honeylee B. Gomez.  ABOUT LANDBANK LANDBANK is the largest development financial institution in the country promoting financial inclusion, digital transformation, and sustainable national development. Present in all 82 provinces in the county, the Bank is committed to provide accessible and responsive financial solutions to empower Filipinos from countryside to countrywide.   

LEARN MORE