FIND US

News


Be in the know of the latest news and updates about LANDBANK.

LANDBANK systems are safe and secure

The Land Bank of the Philippines (LANDBANK) clarifies that its systems were not hacked and remain secure, following reports that alleged unauthorized transactions were experienced by two teachers who maintain payroll accounts with LANDBANK.  According to the initial investigation by LANDBANK, the devices of the teachers were hacked via phishing which compromised their personal information.  The Bank has already reached out to the affected customers and is working on the resolution of these isolated cases at the soonest possible time.  LANDBANK assures customers that their accounts and personal information remain safe, as the Bank maintains the highest level of security in all its systems.  The Bank also advises the public to remain vigilant against phishing scams and all other forms of online banking fraud. LANDBANK reminds its customers to refrain from opening suspicious emails, links and attachments, and sharing your account and personal information. Official LANDBANK representatives will never ask for the critical financial information of customers. To report fraudulent activities, LANDBANK customers may contact their respective handling Branch or the LANDBANK’s Customer Care Hotline through (02) 8-405-7000 or 1-800-10-405-7000, or via email at customercare@mail.landbank.com.

LEARN MORE

7.2-M previously unbanked Filipinos onboarded by LANDBANK as of end-2021

State-run Land Bank of the Philippines (LANDBANK) has onboarded 7.2 million unbanked Philippine Identification System (PhilSys) registrants as of 31 December 2021, in line with its contribution to advance greater financial inclusion in the country.  The onboarding is a result of LANDBANK’s co-location strategy with the Philippine Statistics Authority (PSA) at hundreds of registration sites nationwide for the PhilSys Project, where qualified unbanked registrants are provided with their own transaction accounts free-of-charge and with no initial deposit requirement. Of the 7.2 million onboarded national ID registrants nationwide, 1.6 million are from Central Luzon, 1.4 million from Eastern Mindanao, 1.2 million from Eastern Visayas, and 1.1 million from Western Visayas.  “LANDBANK remains committed to reaching more of the unbanked population in support of the National Government’s financial inclusion agenda. We have so far made significant headway in bringing unbanked PhilSys registrants into the formal banking system, as we continue our strategic and fruitful partnership with the PSA,” said LANDBANK President and CEO Cecilia C. Borromeo. The carded PhilSys registrants have already utilized their LANDBANK prepaid cards for various transactions amounting to P86.1 million. These include loading cash into their accounts, withdrawals at Automated Teller Machines (ATMs), and making payments via point-of-sale (POS) terminals and online, among others.  Unbanked PhilSys registrants may sign up for LANDBANK transaction accounts once they complete the ongoing PhilSys Step 2 registration process, which covers validating supporting documents and capturing biometrics information. Meanwhile, the state-run Bank clarified anew that the LANDBANK prepaid cards being issued to unbanked national ID registrants are not pre-loaded with government subsidy or ‘ayuda’, in response to fake news circulating in social media. LANDBANK reaffirms its support to the National Government’s target of providing at least one bank account for every Filipino household equivalent to 13.5 million accounts throughout the whole co-location partnership with the PSA.

LEARN MORE

LANDBANK: P21.2-M aid released to 198 LGUs affected by Odette

Despite transportation and connectivity challenges in areas affected by typhoon Odette, state-owned Land Bank of the Philippines (LANDBANK) has successfully completed the turnover of P21.2-million worth of financial assistance to 198 local government units (LGUs) for their relief and recovery efforts.  Recipients of the donations include provincial, city and municipal government units from areas severely affected by the typhoon, including Dinagat Islands, Surigao del Norte, Leyte, Bohol and Cebu. Other LGUs who have received financial assistance are those from Antique, Guimaras, Negros Occidental, Negros Oriental and Palawan.  LANDBANK has set aside P200,000 each for six provinces, P150,000 each for 16 cities, and P100,000 each for 176 municipalities. “We consider LGUs as our valuable partners in various initiatives, including in the delivery of relief and recovery interventions to local communities. Providing affected LGUs with immediate financial assistance in the aftermath of typhoon Odette is crucial to quickly address the fundamental needs of our countrymen,” said LANDBANK President and CEO Cecilia C. Borromeo.  Donations were also collected among LANDBANK personnel for the benefit of the Bank’s employees and communities significantly affected by typhoon Odette through the LANDBANK AMBAG System (Alternative Mechanism of Benevolent Assistance for the Greater good) cash donation campaign. Majority of LANDBANK branches and most automated teller machines (ATMs) in areas affected by the typhoon were already restored to service the banking needs of the customers. Meanwhile, some branches are temporarily closed due to COVID-19 exposure of personnel and ongoing disinfection activities to ensure the health and safety of LANDBANK clients and employees. The Bank’s Agent Banking Partners which include cooperatives and micro, small and medium enterprises (MSMEs), among others, are also serving the basic banking requirements of the customers, such as cash withdrawals. With the New Year, LANDBANK reaffirms its commitment to providing unwavering support to the nation to fast-track recovery and promote development that is inclusive and sustainable. 

LEARN MORE

LANDBANK, Barili LGU sign P200-M loan for modern public market

Barili Mayor Julieto N. Flores (2nd from left), Barili Vice Mayor Luisito L. Ponsica (4th from left), Barili Municipal Treasurer Gamaliel S. Riconalla (1st from left) and LANDBANK Cebu South Lending Center Head, Vice President Allan R. Bisnar (3rd from left) sign a P200-million loan agreement to put-up a modern municipal public market.  BARILI, Cebu – The Land Bank of the Philippines (LANDBANK) and the Municipal Government of Barili recently inked a P200-million loan agreement to finance the construction of a modern public market that will support the livelihood of agricultural producers in the municipality. The LANDBANK loan will be used to replace the existing dilapidated public market with a new infrastructure that will be divided into three major structures. Two buildings will accommodate the dry goods section, while another building will house vegetables, fruits, and wet goods such as meat and fish. There will also be a covered parking area on the second floor. The new public market is expected to benefit 5,222 farmers and 1,900 fishers in the area with a more conducive and spacious venue to sell their produce. “LANDBANK fully supports initiatives that promote the growth and development of local entrepreneurs and agri-producers. We are one with our local government partners in ramping-up efforts towards serving their constituents and building stronger and more resilient local economies,” said LANDBANK President and CEO Cecilia C. Borromeo. Barili Mayor Julieto N. Flores is banking on the new public market to boost economic activity and attract more investments in the 2nd class Municipality, as more business establishments recover from the impact of COVID-19. “We will demolish the old Barili public market and construct the modern public market within one year, and we thank LANDBANK for supporting our plans and programs for the development of our Municipality as we recover from the pandemic,” said Barili Mayor Flores. In 2019, LANDBANK also financed the construction of the Mantalongon Livestock Auction Market for the traders in the locality, as well as from the neighboring provinces of Negros Oriental and Leyte. The Mantalongon Livestock Auction Market is currently the biggest livestock auction market in Cebu and the whole of Visayas.  LANDBANK continues to extend necessary credit assistance to local government units (LGUs) to spur recovery and inclusive economic development in the countryside. As of November 2021, LANDBANK has extended P63.96 billion in outstanding loans to LGUs nationwide. 

LEARN MORE

LANDBANK branches nationwide remain open

Despite a sudden surge of COVID-19 cases in the country, Land Bank of the Philippines (LANDBANK) announced that its branches nationwide shall continue to operate to serve the banking needs of its customers. In a statement, the state-run Bank said a number of LANDBANK branches in the National Capital Region (NCR) and most parts of Luzon, where COVID-19 cases remain high, are open Mondays through Fridays from 8:30AM to 2:00PM, while LANDBANK branches in Visayas and Mindanao will continue to follow the regular banking hours of 8:30AM to 3:00PM on weekdays.  However, some branches in NCR, Central Luzon and Southern Luzon are temporarily closed due to COVID-19 exposure of personnel and to give way to disinfection to ensure the health and safety of LANDBANK clients and employees. Meanwhile, the Bank's e-banking channels, such as the LANDBANK Mobile Banking App, iAccess, WeAccess, Link.BizPortal, Electronic Tax Payment System, Phone Access, and its ATM network, remain stable and available to the public 24/7. For a complete list of open and closed branches and their operating hours, please visit the LANDBANK website at www.landbank.com. Banking schedules of LANDBANK branches nationwide are also posted daily at the LANDBANK website, and at the Bank's official Facebook Page at @landbankofficial and Viber Community at @LANDBANK. With more Flipinos staying home as NCR and some parts of the country remain under Alert Level 3, LANDBANK once again reminded its customers to be cautious of online banking fraud and phishing activities. The Bank appealed to its clients to remain vigilant and ignore suspicious e-mails, text and social media messages, links and attachments from unknown senders. It also urged the public to be on the look-out for fake websites and social media accounts pretending to be LANDBANK by checking and verifying a suspicious site's URL, email address, social media account or phone number. Official LANDBANK representatives will never ask for a client's one-time passwords (OTPs), account details, and the card verification value (CVV) at the back of the card, among other security details, the Bank said.

LEARN MORE

LANDBANK ends 2021 with new Agri-Hubs in Pampanga and Isabela

(left photo) Candaba Mayor Rene E. Maglanque (left), Candaba Vice Mayor Michael Dan V. Sagum (right), and LANDBANK Central Luzon Branches Group Head, Senior Vice President Sylvia C. Lim (center) lead the opening of the LANDBANK Candaba, Pampanga Agri-Hub (right photo) located at Candaba-Sta. Ana Road, Pasig, Candaba, Pampanga. The LANDBANK Echague Agri-Hub at Echague-Poblacion Road, San Fabian, Echague, Isabela, officially opens with LANDBANK North Luzon Branches Group Head, Senior Vice President Mabel T. Turla (5th from right), Echague Agri-Hub Head Ms. Josephine A. Lorenzo (rightmost), and the Sangguniang Bayan (SB) Members of Echague leading the inauguration. Land Bank of the Philippines (LANDBANK) capped-off 2021 with the inauguration of its two Agri-Hubs located in Candaba, Pampanga, and Echague, Isabela, as part of the Bank’s commitment to bring financial services closer to more farmers and fishers in the country’s top rice-producing provinces. The LANDBANK Candaba Agri-Hub is expected to provide banking, lending and agrarian services to local development players, including 22,011 farmers from Candaba’s 33 barangays including the adjacent towns of San Luis, Sta. Ana, and Arayat. As part of the Bank’s continuing thrust of expanding touchpoints in key strategic areas nationwide, the newest Agri-Hub will also complement seven existing LANDBANK Branches and 50 ATMs in Pampanga. Candaba Mayor Rene E. Maglanque, Vice Mayor Michael Dan V. Sagum, and LANDBANK Central Luzon Branches Group Head, Senior Vice President Sylvia C. Lim led the inauguration of the LANDBANK Candaba Agri-Hub on 28 December 2021. “I know that the construction and opening of LANDBANK Candaba Agri-Hub will attract more investors to our Municipality because we now have a credible bank. We are now one step closer to the realization of our development plans because of LANDBANK,” said Mayor Maglanque. Located at the LGU Government Center, Candaba-Sta. Ana Road, Pasig, Candaba, Pampanga, the LANDBANK Candaba Agri-Hub is the seventh to open nationwide. Meanwhile, the LANDBANK Echague Agri-Hub is the first Agri-Hub in the province of Isabela and eighth in the country, located at Echague-Poblacion Road, San Fabian, Echague, Isabela. Initially opened on 29 December 2020, the LANDBANK Echague Agri-Hub provides financial and technical services, with a stronger focus on supporting more than 4,000 farmers and fisherfolk in the Municipality of Echague and other nearby municipalities. Aside from agriculture stakeholders, the Echague Agri-Hub also services various national and local government offices, private establishments, as well as micro, small, and medium enterprises (MSMEs) in the area. The LANDBANK Echague Agri-Hub was officially inaugurated on 29 December 2021 led by LANDBANK North Luzon Branches Group Head, Senior Vice President Ma. Belma T. Turla with support from local Sangguniang Bayan Members.  LANDBANK Agri-Hubs offer banking services such as account opening, withdrawals, and check encashments; lending services such as the processing of loan applications; and agrarian services such as processing of Agrarian Reform (AR) bonds and handling of agrarian-related concerns from landowners, bondholders, and agrarian reform beneficiaries (ARBs). The newly opened touchpoints raise the total Agri-Hubs in the country to eight, with the six other LANDBANK Agri-Hubs situated in Calabanga, Camarines Sur; Barotac Viejo, Iloilo; Sual, Pangasinan; Echague, Isabela; Sta. Maria, Ilocos Sur; and Rizal, Nueva Ecija. LANDBANK has grown its physical network to 412 branches and 71 branch-lite units as of end-2021—the only Bank with presence in all 81 provinces in the country. LANDBANK continues to expand its physical touchpoints to better serve the banking needs of customers across the country, especially in unbanked and underserved areas.

LEARN MORE