(seated) LANDBANK President and CEO Lynette V. Ortiz (3rd from right) and Ayala Healthcare Holdings (AC Health) and Healthway Cancer Care Hospital (HCCH) Chairman Paolo Maximo Borromeo (4th from right) formalize a P500-million loan agreement in support of HCCH on 10 January 2024 in Taguig City. Joining them as witnesses from LANDBANK are Executive Vice President Ma. Celeste A. Burgos (2nd from right) and Senior Vice President Lucila E. Tesorero (rightmost), alongside Healthway Medical Network (HMN) and HCCH President and CEO Jaime E. Ysmael (5th from right) and AC Health and HCCH Chief Finance Officer Ruby P. Chiong (leftmost).
TAGUIG CITY – The Land Bank of the Philippines (LANDBANK) has granted a P500-million loan to the newly inaugurated Healthway Cancer Care Hospital (HCCH) in Arca South, Taguig City. HCCH is under AC Health’s hospitals and clinics arm, the Healthway Medical Network (HMN), and is the first dedicated comprehensive cancer hospital in the Philippines.
The loan will fund the Hospital’s general corporate requirements, which includes acquisition of essential medical equipment, to enhance the hospital’s capacity to provide the best care to patients battling cancer. This is in line with enhancing access to quality and affordable cancer treatment in the country.
"Healthcare is a very important pillar to us at LANDBANK. And this P500-million transaction to boost the operations of Healthway Cancer Care Hospital will go a long way towards providing responsive and accessible cancer care. We hope that this is the start of a fruitful and meaningful partnership that will span many years," said LANDBANK President and CEO Lynette V. Ortiz.
The signing ceremony was led by LANDBANK President and CEO Ortiz and AC Health and HCCH Chairman Paolo Maximo Borromeo on 10 January 2024 at the Healthway Cancer Care Hospital in Taguig City. Also present as witnesses were LANDBANK Executive Vice President Ma. Celeste A. Burgos and Senior Vice President Lucila E. Tesorero, alongside HMN and HCCH President and CEO Jaime E. Ysmael and AC Health and HCCH Chief Finance Officer Ruby P. Chiong.
HCCH offers a range of treatment modalities, including chemotherapy, radiation, surgery, and diagnostics, catering to a broad base of patients.
"The involvement of LANDBANK underscores the power of partnerships in creating a sustainable model that addresses the immediate challenges of cancer care while contributing to the larger mission of improving the overall health landscape in the Philippines – allowing us to sustain our facility, to deliver world-class cancer care and implement innovative solutions that drive down costs. LANDBANK’s support is an endorsement of our vision of transformative, inclusive healthcare," said AC Health and HCCH Chairman Borromeo.
HMN and HCCH President and CEO Ysmael added, “The generous support extended by LANDBANK has not only provided us with the necessary resources to keep turning our dream into reality but has also reinforced the belief that, when fighting cancer, we are not alone. This support goes beyond monetary value; it reflects a shared commitment to help others.”
HMN is a subsidiary of AC Health, which is a wholly-owned subsidiary of the Ayala Corporation.
By fostering collaboration and investing in critical healthcare infrastructure, LANDBANK is strengthening the country’s healthcare system and promoting healthier and more fulfilling lives for Filipinos.
ABOUT LANDBANK
LANDBANK is the largest development financial institution in the country promoting financial inclusion, digital transformation and sustainable development to benefit Filipinos. It is committed to provide responsive and meaningful services beyond banking, while leveraging on innovative technology for safe, convenient, and accessible digital banking solutions.
UP, LANDBANK team up to boost scholarships and digital services
A Future for Inclusive Education. (seated) UP President Angelo A. Jimenez (4th from left) and LANDBANK Executive Vice President Leila C. Martin (5th from left) lead the ceremonial signing of the Memorandum of Understanding (MOU) on 01 August 2025 at UP Diliman in Quezon City, formalizing a partnership to support student scholarships, faculty development, and digital financial inclusion across the UP community. Towards advancing inclusive and quality education, and corporate social responsibility (CSR), LANDBANK and the University of the Philippines (UP) signed a Memorandum of Understanding (MOU) to provide employee-funded scholarships, faculty development grants, and campus-wide digital banking services. Under the MOU, LANDBANK will support the University’s LINGAP-ISKOLAR Program by providing scholarships to select students from geographically isolated and disadvantaged areas (GIDAs), as well as support for professorial chair and faculty grants for UP educators. The initiative is uniquely fully-funded through voluntary donations from the more than 12,000 LANDBANK employees nationwide, aligned with the Bank’s commitment to CSR. “We are proud to walk alongside UP in shaping the next generation of leaders, changemakers, and nation-builders. Whether by funding education or supporting faculty development, LANDBANK is committed to helping expand access to quality education and financial services — especially in underserved communities,” said LANDBANK President and CEO Lynette V. Ortiz in a statement. UP President Angelo A. Jimenez and LANDBANK Executive Vice President Leila C. Martin led the ceremonial signing of the MOU on 01 August 2025 at Quezon Hall, UP Diliman Campus in Quezon City. They were joined by UP Executive Vice President Leo D.P. Cubillan, Assistant Vice President for Student Affairs Ma. Shari Niña G. Oliquino, Office of Admissions Director Francisco N. De Los Reyes, and LANDBANK Senior Vice Presidents Marilou L. Villafranca and Catherine Rowena B. Villanueva as official witnesses to the partnership. CSR and Digital Access Integration The partnership reflects the shared commitment of both institutions to empower Filipino students and educators towards progressive, and inclusive national development, aligned with the Bank’s CSR Pillars of S.E.R.V.E.—Sustainability, Environment, Resilience, Volunteerism, and Education. The collaboration includes the rollout of LANDBANK’s Cash-Lite Campus initiative, which promotes cashless transactions across the UP community. The program offers students, faculty, staff, campus vendors, and public transport providers access to digital banking services, including online account opening via the LANDBANK Mobile Banking App, QR payments, and e-commerce features, ensuring faster, safer, and more convenient daily transactions. Support for Admissions and Employability LANDBANK also assisted in promoting the UP College Admission Test (UPCAT) through its branches and online channels, and provided free transportation for examinees in provincial areas during the 2 to 3 August 2025 test days. The Bank will likewise offer internship opportunities and prioritize UP graduates for employment across LANDBANK, its subsidiaries, and foundation. Meanwhile, UP will identify scholarship and grant beneficiaries and help roll out LANDBANK’s financial education and digital banking services through campus-wide engagements. 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.
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BIR, LANDBANK team-up for tax portal for digital services
QUEZON CITY — The Bureau of Internal Revenue (BIR) has tapped LANDBANK to develop the Value-Added Tax on Digital Services (VDS) Portal, a dedicated platform for Digital Service Providers (DSPs) located outside the Philippines to conveniently file and pay Value-Added Tax (VAT) obligations online for their in-country services. BIR Commissioner Romeo D. Lumagui Jr. and LANDBANK President and CEO Lynette V. Ortiz formalized the partnership through a Memorandum of Agreement (MOA) signed on 8 July 2025 at the BIR National Office Building in Quezon City. The collaboration is in line with Republic Act No. 12023, which mandates the imposition of VAT on foreign digital service providers for services consumed within the country. LANDBANK will serve as the solution provider for the portal’s development and maintenance, while BIR will oversee implementation and policy compliance, to support the government’s push for digital tax administration and greater revenue mobilization in the digital economy. 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.
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LANDBANK, DOST-TAPI strengthen partnership to support Filipino innovators
LANDBANK President and CEO Lynette V. Ortiz (3rd from left) and DOST-TAPI Director Atty. Marion Ivy D. Decena (2nd from left) sign the partnership for the enhanced I-TECH Lending Program, designed to provide accessible financing to Filipino inventors and technology developers. Witnessing the signing ceremony on 15 July 2025 at Okada Manila are LANDBANK Executive Vice President Ma. Celeste A. Burgos (rightmost) and DOST- TAPI Investment and Business Operations Division Manager Romeo M. Javate (leftmost). In a joint push to advance innovation and inclusive technological development, LANDBANK and the Department of Science and Technology – Technology Application and Promotion Institute (DOST-TAPI) have formalized a renewed partnership to provide greater support for Filipino inventors and technology developers. Central to the collaboration is the Innovation and Technology (I-TECH) Lending Program, designed to provide affordable and accessible financing to help inventors commercialize their patented technologies and bring them to market. LANDBANK President and CEO Lynette V. Ortiz and DOST-TAPI Director Atty. Marion Ivy D. Decena formalized the partnership through a Memorandum of Agreement (MOA) and Implementing Rules and Regulations (IRR) signing on 15 July 2025 at Okada Manila. LANDBANK EVP Ma. Celeste A. Burgos and DOST-TAPI Investment & Business Operation Division Manager Romeo M. Javate witnessed the signing. “At LANDBANK, we firmly believe that technology is a key driver of inclusive growth that opens doors to a better, more sustainable future for all. We believe in the potential of every Filipino innovator, and we are here to back that potential every step of the way,” said LANDBANK PCEO Ortiz. Under the enhanced I-TECH Lending Program, LANDBANK serves as the primary lending conduit, while DOST-TAPI administers the Invention Guarantee Fund (IGF) to fund the program. Empowering innovators with accessible financing The I-TECH Lending Program introduces several enhancements to better serve target beneficiaries, broadening its reach and maximizing impact. To encourage wider participation, the previous loan ceiling of P12.5 million has been removed, allowing eligible borrowers to access up to 85% of the total project cost, and up to 80% for land acquisition. Loan interest charges have likewise been waived through funding sourced from the IGF, enabling the Program to operate as an off-book facility for LANDBANK, and lowering the financial burden on borrowers. These enhancements are in line with Republic Act No. 7459, or the Inventors and Invention Incentives Act of the Philippines, which aims to empower local innovators through financial and non-financial assistance. As of 30 June 2025, a total of P32.25 million in loans has been released under the I- TECH Lending Program. Through this enhanced partnership, LANDBANK and DOST-TAPI reaffirm their commitment to empowering Filipino innovators, transforming homegrown ideas into sustainable, high-impact enterprises, and helping build a robust technology-driven economy. 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.
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