(front) LANDBANK President and CEO Lynette V. Ortiz (center) and Burauen Mayor Juanito E. Renomeron (rightmost) lead the opening of the LANDBANK Burauen Branch on 18 July 2024, alongside Julita Mayor Atty. Percival S. Cana (2nd from left), Burauen’s Association of Barangay Captains President Fe S. Renomeron (4th from left), and LANDBANK Executive Vice President Liduvino S. Geron (leftmost).
BURAUEN, Leyte – As part of its continuing commitment to bringing banking services closer to local communities, Land Bank of the Philippines (LANDBANK) has officially inaugurated a branch in Burauen, and its eighth in the Province of Leyte.
LANDBANK President and CEO Lynette V. Ortiz and Burauen Mayor Juanito E. Renomeron led the inauguration rites for the branch on 18 July 2024. They were joined by Julita Mayor Atty. Percival S. Cana, Burauen’s Association of Barangay Captains President Fe S. Renomeron, LANDBANK Executive Vice President Liduvino S. Geron, and other local government officials.
Located in Brgy. Poblacion District 8, the LANDBANK Burauen Branch will cater to the banking needs of residents from the 77 barangays of the town. This eliminates the need to travel to the Tacloban City branches, saving clients two (2) hours of travel time and approximately P200 in round-trip expenses.
The branch’s strategic location also allows it to reach the 142 combined barangays of the municipalities of Dagami, Julita, Tabontabon, and La Paz, servicing over 11,000 farmers and fishers, 16,700 beneficiaries of the Conditional and Unconditional Cash Transfer (CCT/UCT) programs of the Department of Social Welfare and Development (DSWD), government employees, and private depositors.
“Our mission is clear – to drive transformative progress from countryside to countrywide by delivering secure and reliable financial services up to the farthest corners of the archipelago. With the new LANDBANK Burauen Branch, we aim to enhance the accessibility of banking services for local residents,” said LANDBANK President and CEO Ortiz.
She also committed to supporting the Province’s entire agricultural value chain by continuously extending loans to local farmers, fishers, and other players from the sector, as well as local government units for the development of essential infrastructure.
The LANDBANK Burauen Branch is equipped with two automated teller machines (ATM) and features a Digital Corner where clients can open a deposit account in 15 minutes or less using the LANDBANK Digital Onboarding System (DOBS).
“All of this means only one thing and that is more opportunities for us, Burawanons, in terms of financial inclusion, financial growth, and financial development. As an agricultural municipality, this would mean a lot to our farmers and to our business sector who would no longer need to travel just to inquire and avail the services of this financial institution. Truly, LANDBANK in Burauen is a blessing for us,” said Burauen Mayor Renomeron.
The new branch complements the operations of seven other LANDBANK branches in Leyte located in the cities of Baybay, Ormoc and Tacloban, and the municipalities of Carigara and Hilongos.
For fast, safe, and convenient cash withdrawals and transactions, LANDBANK has 61 automated teller machines (ATMs), six cash deposit machines (CDMs), and a LANDBANKasama Agent Banking Partner strategically located across the Province.
Customers can also enjoy free cash withdrawals at 43 ATMs in 7-Eleven convenience stores, as part of the Bank’s partnership with Pito Axm Platform, Inc. (PAPI).
As of end-June 2024, LANDBANK operates 607 branches and branch-lite units, along with 60 lending centers nationwide. This extensive network is complemented by 3,112 ATMs and 232 CDMs, 3,399 7-Eleven ATMs, and 1,101 LANDBANKasama Partners operating 1,859 point-of-sale (POS) terminals.
ABOUT LANDBANK
LANDBANK is the largest development financial institution in the country promoting financial inclusion and digital transformation to advance national development. Present in all 82 provinces in the county, the Bank is committed to provide accessible and responsive services to empower Filipinos towards a better future of inclusive and sustainable development from countryside to countrywide.
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LANDBANK, SariSuki unite to empower farmers with accessible credit
[L-R] SariSuki Head of Agritech Department Joselito Lontok, Co-founder and Chief Executive Officer Brian Cu, LANDBANK President and CEO Lynette V. Ortiz, and Executive Vice President Ma. Celeste A. Burgos hold the memorandum of agreement for the AGRISENSO Lending Program partnership. Land Bank of the Philippines (LANDBANK) has partnered with SariSuki, a leading Philippine agritech startup, which aims to revolutionize the agricultural supply chain through the Bank’s AGRISENSO Lending Program. This strategic alliance aims to support over 300 small farmers and Agrarian Reform Beneficiaries (ARBs) by providing accessible financing, hands-on guidance, and a reliable market for their produce, aiming to enhance livelihoods and contribute to long-term food security. LANDBANK President and CEO Lynette V. Ortiz emphasized the partnership as a strategic move to support small farmers and boost crop production. “Through the combined networks, expertise, and resources of SariSuki and LANDBANK, we can effectively meet the financial needs of our farmers while providing crucial production, technical, and marketing assistance to enhance their productivity and income," she said. Under the partnership, SariSuki will serve as the primary buyer of farmers' produce, integral to its mission of building a vertically integrated agriculture superhighway. Brian Cu, Co-founder and CEO of SariSuki, explained, “By providing a stable market, and technical support in farming, business management, and financial literacy, we address farmers’ key challenges. Backed by LANDBANK’s financing, we aim to uplift farmers' livelihoods, ensure business sustainability, and enhance food security. For its part, LANDBANK will be extending to eligible partners endorsed by SariSuki the AGRISENSO Lending Program that provides affordable financing to small farmers, Agrarian Reform Beneficiaries (ARBs), and the whole agriculture value chain, aimed at bolstering nationwide food security and sufficiency. A key element of this partnership is SariSuki's commitment to directly pay the principal of farmers' loans to LANDBANK, allowing farmers to immediately profit from their earnings, providing financial relief, and encouraging reinvestment in their farms. The collaboration seeks to lower the cost of fresh produce by integrating SariSuki’s supply chain with an omni-channel demand network and sourcing directly from local farmers. Through these efforts, SariSuki is driving meaningful change in the agricultural sector, ensuring the abundance, accessibility, and affordability of wet market goods. The partnership also aims to expand SariSuki’s network by working with LANDBANK’s Lending Centers in key agricultural regions like Nueva Ecija, Quezon, Laguna, and Cavite welcoming new farmers while continuing to support existing members. Since the launch of the AGRISENSO Lending Program this year, LANDBANK has supported over 1,766 borrowers nationwide with P272 million in approved loans. The Program is being offered at the Bank’s “Bilis Ipon: Digital Financial Inclusion Caravan” rollouts, which has brought banking and financing services closer to farmers in 17 underserved areas nationwide, including most recently Himamaylan City, Negros Occidental. Together, LANDBANK and SariSuki are building an innovative ecosystem that integrates financial support, market access, and technical assistance to uplift farmers and strengthen the agricultural sector. This collaboration is a significant step toward transformative change, fostering a more prosperous future for farmers, broader agricultural growth, and a food-secure nation. About LANDBANK LANDBANK is the largest development financial institution in the Philippines promoting financial inclusion, digital transformation, and sustainable national development. Present in all 82 provinces in the country, the Bank is committed to provide accessible and responsive financial solutions to empower Filipinos from countryside to countrywide. About SariSuki Sarisuki is an Agritech and ECommerce Startup that aims to improve the accessibility, affordability, and ultimately abundance of Fresh produce in the Philippines. The three year old startup is building an "Agri Super Highway" connecting farmers/producers to its multiple demand channels. SariSuki leverages the power of local communities to transform the agricultural supply chain and positively impact the lives of Filipino Ka-Sangga (farmers), Ka-Sari (community leaders/sellers), and Ka-Suki (consumers), and the larger community. Sarisuki aims to bridge the gap between these stakeholders and create a sustainable, equitable, and transparent agri-futures.
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LANDBANK backs Prime Infra’s sustainability push with P5-B boost
LANDBANK President and CEO Lynette V. Ortiz (3rd from right) and Prime Infra President and CEO Guillaume Lucci (4th from right) ink a P5-billion loan agreement to partially fund Prime Infra’s projects across its core sectors. Joining them are Prime Infra Chief Finance Officer Sandy Alipio (5th from right) and Treasury Head Emma Villa del Rey (leftmost), alongside LANDBANK Executive Vice President Ma. Celeste A. Burgos (2nd from right), and Senior Vice President Lucila E. Tesoreso (rightmost) as witnesses. Land Bank of the Philippines (LANDBANK) has approved a P5-billion loan to Prime Infrastructure Capital, Inc. (Prime Infra) to bolster its sustainability projects, marking the first partnership between the two institutions. The P5 billion loan facility will be utilized to partially finance working capital requirements of Prime Infra’s pipeline projects across its core sectors — water, sustainable energy, and waste management and sustainable fuels. This financing aligns with LANDBANK’s commitment to advancing sustainability initiatives and promoting sound environmental management. LANDBANK President and CEO Lynette V. Ortiz and Prime Infra President and CEO Guillaume Lucci formalized the loan agreement on 4 September 2024 at the Three E-Com Center in Pasay City. They were joined by Prime Infra Chief Finance Officer Sandy Alipio, Treasury Head Emma Villa del Rey, and Treasury Manager Kaila Almendarez, together with LANDBANK Executive Vice President Ma. Celeste A. Burgos, Senior Vice President Lucila E. Tesoreso, and Vice President Jell B. Ong. “We are excited to embark on this new partnership with a recognized leader in building critical and socially relevant infrastructure. Our common goal of enhancing lives and fostering resilient economies makes this loan facility a truly mutually beneficial endeavor,” said LANDBANK President and CEO Ortiz. LANDBANK’s financial support will enable Prime Infra to accelerate its initiatives in critical infrastructure sectors, thereby contributing to the country’s economic growth and environmental resilience. “This partnership with LANDBANK is a significant step forward in our commitment to developing sustainable and resilient infrastructure. It will enable Prime Infra to further accelerate the progress of our projects in sustainable energy, water supply, and waste management,” said Prime Infra President and CEO Lucci. This significant financing deal reaffirms LANDBANK’s role as a key partner in driving sustainable development and supporting projects that align with the country’s environmental and economic goals. ABOUT LANDBANK LANDBANK is the largest development financial institution in the Philippines 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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Pag-IBIG honors LANDBANK as top government employer
Land Bank of the Philippines (LANDBANK) was recently honored as Top Government Employer under the National Government category during the Home Development Mutual Fund Stakeholder Accomplishment Report (Pag-IBIG StAR) in the National Capital Region, for having the most number of employees who voluntarily raised their contributions in 2024. LANDBANK Executive Vice President Alan V. Bornas (3rd from right) accepted the citation from Pag-IBIG CEO Marilene C. Acosta (center), alongside Deputy Chief Executive Officer Benjamin R. Felix Jr. (3rd from left), Senior Vice President Atty. Marie Antoniette D. Diaz (2nd from right), and Vice Presidents Perlacita A. Roldan (rightmost), Florencio Pedro O. Galang Jr. (leftmost), and Atty. Marciano C. Pimentel Jr. (2nd from left). (photo courtesy of Pag-IBIG Fund)
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