Batangas Governor Hermilando I. Mandanas (8th from left) receives a check from LANDBANK Batangas City Branch Manager Assistant Vice President Remedios M. Manay (7th from left) as part of the Bank’s financial support to a total of 44 local government units (LGUs) affected by the recent eruption of Taal Volcano. They are joined by members of the Sangguniang Panlalawigan of the Province of Batangas.
State-owned Land Bank of the Philippines (LANDBANK) is doing its share to help ease the burden of local government units (LGUs) affected by the recent eruptive activities of Taal Volcano by donating financial assistance to calamity-stricken LGUs for their respective relief operations.
The Bank has provided a total of Php3.3 million in financial assistance to 44 LGUs in the Provinces of Batangas, Cavite and Laguna. The amount of donated funds varied depending on the extent of damage sustained by the LGU, in accordance with the Bank’s existing policies on donations.
“More than 150,000 residents have been displaced in communities surrounding Taal Volcano. They are now housed in hundreds of evacuation centers in nearby cities and municipalities. With the volume of evacuees, LGUs hosting these centers need all the help they can get. This is our way of supporting the LGUs, which are among the Bank’s most valued clients,” said President and CEO Cecilia C. Borromeo.
In Batangas, the Provincial Government led the recipients of the donation, together with the cities of Batangas, Lipa and Tanauan. Also receiving support were the municipalities of Agoncillo, Lemery, San Nicolas, Mataas na Kahoy, Balete, Talisay, Laurel, Taal, Cuenca, Calaca, Sta. Teresita, Bauan, Mabini, Alitagtag, Malvar, Sto. Tomas, San Luis, San Jose, Balayan, San Pascual, Nasugbu, Ibaan, Rosario, Tuy, San Juan, Lian, Padre Garcia, Calatagan, and Taysan.
The Bank also donated to the cities of Cabuyao, Sta. Rosa, Biñan, San Pedro and Calamba in Laguna, and is expected to donate within the week to the Provincial Government of Cavite, the City of Tagaytay, and the municipalities of Alfonso, Amadeo, Indang and Mendez.
Earlier, LANDBANK announced it has expanded its Calamity Rehabilitation Support (CARES) Program to provide financial support to more sectors severely affected by natural calamities such as the eruption of Taal Volcano, man-made disasters like armed conflicts, and viral infection outbreaks such as the African Swine Fever (ASF).
Under the enhanced CARES Program, individual small farmers and fishers, livestock raisers, large agri-enterprises (LAEs), salaried workers, and academic institutions such as schools, universities and colleges, have been added as eligible borrowers.
This complements the existing eligible borrowers under the Program, namely, LGUs, disaster-affected home owners, small and medium enterprises (SMEs), cooperatives, non-government organizations (NGOs), and partner financial institutions (PFIs) such as rural banks.
The Program consists of two types of credit assistance—rehabilitation/reconstruction credit program and rehabilitation through loan restructuring—which may be used for the repair of damaged facilities, construction or acquisition of new facilities and equipment, repair or purchase of housing units, working capital for agriculture production, and as capital for a lending facility of cooperatives, SMEs and NGOs for home and livelihood financing.
Meanwhile, LANDBANK’s Lemery Branch remains closed until further notice. However, its clients may transact with the Bank through the LANDBANK Bauan Branch or at any branch located in Batangas.
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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