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LANDBANK expands operations in Davao de Oro, opens new branch
(left photo) LANDBANK President and CEO Lynette V. Ortiz (6th from right) and Davao de Oro First District Representative Congresswoman Maria Carmen S. Zamora (8th from right) lead the ribbon cutting at the inauguration of the LANDBANK Monkayo Branch in Davao de Oro on 09 November 2023. Joining them are LANDBANK Director Atty. David D. Erro (4th from right), Monkayo Councilor Manuel N. Zamora, Jr. (10th from right), together with other LANDBANK senior executives and local government officials. MONKAYO, Davao de Oro – The Land Bank of the Philippines (LANDBANK) continues to advance financial inclusion in the country with the opening of its newest branch in the first-class town of Monkayo in the province of Davao de Oro. Located in Barangay Poblacion, the LANDBANK Monkayo Branch makes banking services more convenient to clients from the 73 combined barangays of Monkayo and the neighboring towns of Compostela, Montevista and New Bataan. This is the second LANDBANK branch in Davao de Oro, replacing the previous LANDBANK Easy Access Facility (LEAF) in the municipality, to provide improved and expanded banking services to the Province. LANDBANK President and CEO Lynette V. Ortiz and Davao de Oro First District Representative Congresswoman Maria Carmen S. Zamora led the inauguration rites for the LANDBANK Monkayo Branch on 09 November 2023. They were joined by LANDBANK Director Atty. David D. Erro, Monkayo Councilor Manuel N. Zamora, Jr., and other LANDBANK senior executives and local government officials. “To keep in stride with local developments—not to mention Monkayo being the most populous town in the Province—we deemed it fitting to upgrade the previous LEAF into a full-fledged branch. We are now able to offer a wider range of services, as we complement the local government's vision of establishing a one-stop shop for basic public services,” said LANDBANK President Ortiz. For her part, Congresswoman Zamora thanked LANDBANK for its unwavering service to the nation and the Filipino people. “Without LANDBANK, government could not reach far-flung areas and could not reach ordinary Filipinos who need services,” she said. The newly inaugurated branch is equipped with an automated teller machine (ATM) and cash deposit machine (CDM) to facilitate fast, safe, and timely cash withdrawals and deposits of residents from the covered areas. LANDBANK clients who will benefit from the new touchpoint include over 53,000 Conditional and Unconditional Cash Transfer (CCT/UCT) program beneficiaries of the Department of Social Welfare and Development (DSWD), 7,000 farmers and fishers, as well as government employees, teachers, and students, among others. The LANDBANK Monkayo Branch likewise features a Digital Corner where customers can open a deposit account in as fast as 15 minutes or less using the Bank’s Digital Onboarding System (DOBS). Opening an account via DOBS provides automatic enrollment to LANDBANK’s digital banking channels for safe and convenient online transactions. LANDBANK is the only bank present in all 82 provinces in the country, with a network of 606 branches and branch-lite units and 59 lending centers, 16 of which are in Mindanao. LANDBANK’s continued expansion across the country underscores its commitment to bringing banking services closer to its mandated and priority sectors, especially in unbanked and underserved areas.
LEARN MOREBatanes LGU, LANDBANK ink partnership for convenient online payments
Batanes Governor Marilou H. Cayco (2nd from left) and LANDBANK Basco Branch Head Joseph Caliguiran (3rd from left) lead the MOA signing for the use of the LANDBANK Link.BizPortal facility on 12 October 2023. Joining them are Acting Provincial Treasurer Cristina Caccam (leftmost) and LANDBANK Acting Branch Service Officer Aniceto Ferdinand Mariano (rightmost). BASCO, Batanes – The Provincial Government of Batanes and the Land Bank of the Philippines (LANDBANK) have partnered for the use of the Bank’s Link.BizPortal channel to facilitate online payments for the local government unit (LGU). The LANDBANK Link.BizPortal allows residents to conveniently settle local fees, dues, and charges online at their convenience with just a few clicks on their computers or mobile devices. “LANDBANK will continue to support the digital journey of Batanes with innovative products and services. We look forward to more fruitful collaborations in advancing responsive public service delivery,” said LANDBANK President and CEO Lynette V. Ortiz. Batanes Governor Marilou H. Cayco and LANDBANK Basco Branch Head Joseph Caliguiran led the signing of the Memorandum of Agreement for the partnership at the Provincial Governor’s Office on 12 October 2023. Governor Cayco thanked LANDBANK for its continued assistance and promoted the utilization of the Link.BizPortal among Ivatans. “Dahil dito, mas mapapadali at mapapagaan ang pagbabayad ng ating mga customers. Maraming salamat sa buong LANDBANK lalo na kay Manager Caliguiran sa walang humpay na tulong sa Kapitolyo at sa buong Batanes,” Governor Cayco said. The Provincial Government of Batanes has been the top depositor of the LANDBANK Basco Branch since 1992 and remains among its valued clients. It is also the first LGU in Batanes to avail of the Bank’s various digital banking products, including ATM payroll servicing and weAccess, among others.
LEARN MOREP4.3-B LANDBANK loan to back Pangasinan’s infra, health dev’t
Pangasinan Governor Ramon V. Guico III (3rd from left) and LANDBANK President and CEO Lynette V. Ortiz (4th from left) lead the signing of a P4.3 billion sub-loan agreement to finance the Pangasinan LGU’s various development projects on 25 October 2023 at the LANDBANK Plaza in Malate, Manila. They are joined by Vice Governor Mark Ronald DG. Lambino (2nd from left), Provincial Administrator Melicio F. Patague II (leftmost), and LANDBANK Senior Vice Presidents Ma. Celeste A. Burgos (5th from left) and Filipina B. Monje (rightmost). MALATE, Manila – The Land Bank of the Philippines (LANDBANK) greenlighted a P4.3 billion loan to the Provincial Government of Pangasinan, geared towards the improved delivery of public, health and tourism services in the Province. The loan is part of the P6 billion omnibus term loan agreement signed by the LGU and the state-run Bank earlier this year to fund the priority development projects in Pangasinan. The signing of the agreement was led by Pangasinan Governor Ramon V. Guico III and LANDBANK President and CEO Lynette V. Ortiz on 25 October 2023 at LANDBANK Plaza in Malate, Manila. They were joined by Vice Governor Mark Ronald DG. Lambino, Provincial Administrator Melicio F. Patague II, Acting Provincial Treasurer Cristy C. Ubando, Provincial Legal Officer Atty. Baby Ruth F. Torre and Provincial Accountant Atty. Marlon C. Operaña, along with LANDBANK Senior Vice Presidents Ma. Celeste A. Burgos and Filipina B. Monje. “LANDBANK remains committed to supporting Pangasinan’s transformative journey towards a more inclusive and sustainable local economy through our wide array of support services. We look to expedite progress within the Province for the improved delivery of basic and medical services, increased socio-economic activities, and a more robust local tourism sector,” said President Ortiz. Of the P4.3 billion loan, P1.8 billion is earmarked for the construction of an 11-storey government center in the Municipality of Lingayen, designed to house the offices of the Provincial Government and national government agencies. Another P500 million is allocated for the development of the Provincial Capitol Complex. To provide better health care for Pangasinenses, P758 million will be used for the purchase of advanced hospital equipment, including computed tomography (CT) scanners, x-ray, magnetic resonance imaging (MRI), and ultrasound machines for the Pangasinan Provincial Hospital, six (6) district hospitals and seven (7) community hospitals in the Province. Meanwhile, P700 million is set to fund the acquisition of land and construction of support facilities for the Bolinao airport in Bolinao, Pangasinan. The remaining P500 million will help establish a corporate center for businesses and other commercial spaces to help stimulate local economic activity. “We’re rolling out and implementing impactful projects that will boost the economy and improve the lives of our people. We are thankful for our partners like LANDBANK, who are ready to support us as we invest in the future of Pangasinan,” said Governor Guico III. LANDBANK remains a major development partner of the local government sector, supporting the financing requirements for inclusive local development in line with its broader thrust of serving the nation.
LEARN MOREEmpowering Filipino communities abroad: LANDBANK, OFBank to offer financial education for Pinoys in Italy, Switzerland
(left photo) Philippine Ambassador to Italy Neal Imperial (middle), LANDBANK President and CEO Lynette V. Ortiz (leftmost), and OFBank President and CEO Randolph L. Montesa (rightmost) sign an agreement for the conduct of financial education seminars for overseas Filipinos in Italy at the Philippine Embassy in Rome on 12 October 2023. (right photos) Leaders and members of Filipino communities in Rome and Milan participate in the financial education seminars conducted by LANDBANK and OFBank, in partnership with other government agencies. About 180,000 Filipinos living and working in Italy and Switzerland are expected to benefit from a series of free financial education seminars of the Land Bank of the Philippines (LANDBANK) and the Overseas Filipinos Bank (OFBank), in line with the National Government’s push for greater financial inclusion. The state-run banks will be working closely with the Philippine embassies and consulates from the two countries, along with the Department of Migrant Workers’ (DMW) overseas operating arms, to provide overseas Filipinos (OFs) and overseas Filipino workers (OFWs) with basic knowledge on saving, digital banking, financial security, and investing. The free financial education seminars also cover discussions on innovative banking solutions offered by LANDBANK and OFBank to better manage finances, which include safe and secure savings options, real-time fund transfer service for remittances, investment instruments, and loan products. “Providing financial education—particularly to our kababayans abroad—goes a long way in contributing to the economic growth and stability of the Philippines. This will complement ongoing efforts of other government agencies to support and empower OFWs and other Filipinos overseas towards greater financial freedom, stability, and prosperity,” said LANDBANK President and CEO Lynette V. Ortiz. Financial education seminars for around 167,000 Filipinos in Italy will be organized as part of the agreement between LANDBANK, OFBank, and the Philippine Embassy in Rome. This collaboration was formalized by Philippine Ambassador to Italy Neal Imperial, LANDBANK President Ortiz, and OFBank President and CEO Randolph L. Montesa on 12 October 2023 at the Philippine Embassy in Rome. Following the agreement, three financial education seminars were held in the cities of Rome, Milan, and Bologna from October 12 to 15 that gathered around 350 leaders and members of Filipino communities in Italy. Participants were able to open OFBank accounts during the seminars and enjoy the convenience of digital banking. In coordination with the Philippine Mission to the United Nations and Philippine Consulate General in Geneva, LANDBANK and OFBank also conducted a financial education seminar in Geneva, Switzerland on 16 October 2023. About 80 overseas Filipinos participated in the event and successfully opened online bank accounts. The state-run banks aim to hold free seminars in Switzerland for the benefit of over 14,600 overseas Filipinos there. LANDBANK and OFBank remain steadfast in their mutual commitment to promoting financial inclusion and security among overseas Filipinos and their families by equipping them with the necessary financial knowledge and resources.
LEARN MORELANDBANK disburses P1.1-B fuel subsidy to 190K PUV drivers
The Land Bank of the Philippines (LANDBANK) has delivered P1.1 billion worth of fuel subsidy to 190,130 public utility vehicle (PUV) drivers and operators as of 09 November 2023, as part of its continued support to the transport sector amid rising fuel prices. Under the Fuel Subsidy Program of the Department of Transportation (DOTr) and the Land Transportation Franchising and Regulatory Board (LTFRB), LANDBANK has distributed subsidies to drivers and operators of public utility jeepneys and buses, taxis, and transportation network vehicle services (TNVS), among other qualified beneficiaries. “LANDBANK is one with the National Government in extending timely and responsive assistance to the local transport sector. Rest assured that we are ramping up the delivery of fuel subsidy to support PUV drivers and operators nationwide,” said LANDBANK President and CEO Lynette V. Ortiz. LANDBANK is closely coordinating with the DOTr and LTFRB for the immediate distribution of financial aid to a total of 1.36 million target beneficiaries under the Fuel Subsidy Program. LTFRB is continuing to submit lists of qualified beneficiaries to LANDBANK, while the Bank is facilitating the crediting of fuel subsidies through the beneficiaries’ existing accounts in LANDBANK and other banks. Under the Program, drivers and operators of modernized public utility jeepneys and utility van (UV) express units receive P10,000.00 each, while drivers and operators of traditional PUV and TNVS receive P6,500.00 each. LANDBANK resumed the distribution of fuel subsidies to qualified PUV drivers under the Fuel Subsidy Program on 21 September 2023, after the Commission on Elections (COMELEC) approved the LTFRB's request to exempt the Program from the election spending ban.
LEARN MORELANDBANK ranked among world’s best employers by Forbes
The Land Bank the Philippines (LANDBANK) was ranked by Forbes as the 6th best employer in the Philippines for 2023—the only government institution to achieve this distinction. The state-run Bank also placed 304th overall globally in the latest Forbes’ World’s Best Employer list, based on a survey of over 170,000 employees from multinational companies and institutions in over 50 countries. The survey rated employers based on various criteria that includes talent development, remote working options, parental leave benefits, diversity, work-life balance, and pride in the company’s products or services. "Our employees are our greatest asset, right at the center of our vision, purpose, and mandate as a development institution. This recognition highlights our continuous commitment to prioritize our employees and put them in positions where they can best grow and succeed," said LANDBANK President and CEO Lynette V. Ortiz. Based on Forbes’ survey, LANDBANK’s efforts to maintaining a positive workplace contributed significantly to its ranking, coupled by its dedication to providing employees with opportunities for professional growth and ensuring a balanced work-life equation. LANDBANK is focused on further enhancing its talent management, strive for employee satisfaction, and cultivate a collaborative work culture towards delivering service excellence. The Bank implements various policies centered on physical and mental wellness, and facilitates relevant training and development programs. LANDBANK is celebrating its 60th anniversary this year, representing six decades of uplifting lives, empowering communities, and serving the nation — all in pursuit of an inclusive and sustainable economy.
LEARN MORELANDBANK waives fees for fund transfers below P1k
Customers of the Land Bank of the Philippines (LANDBANK) can now enjoy free online fund transfers to other banks via InstaPay and PESONet for transactions worth P1,000 and below effective 01 November 2023. For interbank fund transfers amounting to more than P1,000, customers can continue to enjoy a lowered fixed transaction fee of P15 from the previous rate of P25. LANDBANK’s waiving of transfer fees helps clients send money to loved ones in a safe, secure, and convenient manner, towards advancing greater financial inclusion and participation in the digital economy. “We are thrilled to announce that LANDBANK is waiving transaction fees for small-value online fund transfers to other banks. This is our holiday gift to our valued customers, as we continue to promote safe and convenient digital transactions,” said LANDBANK President and CEO Lynette V. Ortiz. LANDBANK clients can enjoy waived transfer fee for their first three online fund transfers/transactions in a day via the LANDBANK Mobile Banking App (MBA), and the Bank’s online retail banking channel, the iAccess. Fund transfers from and to LANDBANK and Overseas Filipino Bank (OFBank) accounts, regardless of the amount, remain free of charge. The latest move of LANDBANK supports the call of the Bangko Sentral ng Pilipinas (BSP) to promote cashless payments by removing the fees on small-value fund transfers. Last July, LANDBANK increased the daily aggregate amount limit of fund transfers via InstaPay from P50,000 to P100,000 and via PESONet up to P500,000 and P1.5 million in LANDBANK MBA and iAccess, respectively. Daily transaction limit for fund transfer and bills payment has been removed, allowing customers to perform an unlimited number of transactions per day. Meanwhile, LANDBANK urges its customers to remain vigilant against online banking fraud by not clicking links from unknown senders. Customers are also reminded never to share and keep private their username or log-in ID, password, OTP and other account information.
LEARN MORELANDBANK OptiSaver high-interest account now available
The Land Bank of the Philippines (LANDBANK) is giving clients a great reason to keep building their savings to reach their financial goals faster and safer. Individual depositors can now get more out of their savings through the LANDBANK OptiSaver—a new premium savings account that offers tiered interest rates as high as 4%* based on average daily balance. The LANDBANK OptiSaver offers to maximize savings with optimal interest rates as one of the financially rewarding deposit products out there – far surpassing the interest rates provided by traditional savings accounts. “With the LANDBANK OptiSaver, your money doesn’t simply rest, it works for you every single day. Whether you are saving for your dream home, a new car, a grand vacation, or a secure retirement, the OptiSaver can be your reliable partner in realizing these aspirations for you and your family,” said LANDBANK President and CEO Lynette V. Ortiz. As a savings account and not a time-bound investment product, the LANDBANK Optisaver has no tenor and allows account holders to withdraw cash at any time, which is especially important for emergencies. “We are inviting everyone to open an OptiSaver account today and maximize the potential of your savings. Let your money work for you and grow your savings faster and safer with LANDBANK,” President Ortiz added. LANDBANK has also made it very convenient for clients to deposit funds to their OptiSaver account digitally or in-person via various touchpoints, to keep them motivated to continue growing their savings and get higher interest rates. Interested depositors may open their LANDBANK OptiSaver account online via the LANDBANK Mobile Banking App (MBA) or by visiting any of the 606 LANDBANK branches and branch-lite units nationwide. For more information about the LANDBANK OptiSaver, please visit the official LANDBANK website and social media channels, contact the nearest LANDBANK Branch nationwide, or call LANDBANK’s customer service hotline at (02) 8-405-7000 or at PLDT Domestic Toll Free 1-800-10-405-7000.
LEARN MOREPCO to use LANDBANK purchase card for faster transactions
PCO Secretary Atty. Cheloy Velicaria-Garafil, MNSA (2nd from left) and LANDBANK Senior Vice President Marilou L. Villafranca (3rd from left) lead the signing of a Memorandum of Agreement for the Government Purchase Card (GPC) Program on 11 October 2023, at the Palacio de Maynila in Malate, Manila. They were joined by PCO Undersecretary Cherbett Karen L. Maralit (leftmost) and LANDBANK First Vice President Cielito H. Lunaria (rightmost). Towards advancing efficient, transparent, and swift government procurement, the Presidential Communications Office (PCO) has partnered with the Land Bank of the Philippines (LANDBANK) for the use of the Government Purchase Card (GPC) to pay for official goods and services. The GPC is similar to a credit card in function, designed to shorten and simplify the requisition process for government agencies and offices, as well as streamline the disbursement of payments to suppliers. PCO Secretary Atty. Cheloy Velicaria-Garafil, MNSA, and LANDBANK Senior Vice President Marilou L. Villafranca led the signing of the Memorandum of Agreement (MOA) on 11 October 2023 at the Palacio de Maynila in Malate, Manila. They were joined by PCO Undersecretary Cherbett Karen L. Maralit and LANDBANK First Vice President Cielito H. Lunaria. “Our overarching goal for the GPC Program is to expedite the delivery of meaningful and responsive public service, helping government agencies like the PCO to eliminate procurement lead time, facilitate digital and quicker payments, and lower administrative costs for purchases,” said LANDBANK President and CEO Lynette V. Ortiz. Under the Agreement, LANDBANK will issue Government Purchase Cards to authorized PCO personnel for the payment of eligible goods and services, such as miscellaneous small-value purchases; travel and representation; hotel and lodging; computer software, services, and digital content; and fuel, automotive parts, and services, among others. The GPC features pre-defined expenditure and credit limit; e-mail alerts for all GPC transactions; availability for online and cashless transactions via Point-of-Sale (POS); and monthly electronic statement of accounts. “This partnership is a step towards embracing digitalization to better serve the Filipino people. We thank LANDBANK for supporting the PCO in our digitalization journey,” said PCO Sec. Atty. Cheloy Velicaria-Garafil, MNSA. The PCO joins other government offices that are currently using the GPC, including the Office of the Vice President (OVP), Department of Finance (DOF), Department of Trade and Industry (DTI), Department of Budget and Management (DBM) and Bureau of the Treasury (BTr), among others. As of end-September 2023, LANDBANK has facilitated through the GPC combined transactions amounting to P19.7 million for various purchases and payments.
LEARN MORELANDBANK posts highest P31.85-B income in Q3, jumps 24% y-o-y
The Land Bank of the Philippines (LANDBANK) posted a net income of P31.85 billion in the first nine months of the year, which is the highest ever for the Bank since it first breached the P30 billion mark at the end of 2022. The P31.85 billion profit is a significant 24% expansion from P25.7 billion in 2022. It also exceeds the state-run Bank’s target of P26.3 billion for the first three quarters by P5.6 billion, and represents 90.9% of the P35 billion full-year target for 2023. “The unprecedented income was driven by the aggressive expansion of our developmental loan portfolio, coupled with robust yields from loans and investments. We have likewise been prudent and disciplined with managing our expenses to maximize gains. We will ensure that our solid balance sheet continues to translate to substantial and meaningful support to the sectors we serve,” said LANDBANK President and CEO Lynette V. Ortiz. The Bank generated P91.15 billion interest income from loans and investments, 35.9% higher than last year. LANDBANK’s total assets also booked double-digit growth of 11.5% to P3.1 trillion from P2.8 trillion. The increase was propelled by the 12.8% year-on-year expansion of deposits to P2.7 trillion. Meanwhile, the Bank’s capital likewise rose substantially by 21.9% to P249.2 billion from P204.4 billion in 2022, already exceeding the full-year target of P243.8 billion for 2023. LANDBANK’s financial ratios remain at healthy levels, with Capital Adequacy Ratio (CAR) at 16.15% and Common Equity Tier 1 (CET 1) at 15.30%, both well above the minimum requirements of the Bangko Sentral ng Pilipinas (BSP). Return on Equity stood at 15.97%, significantly higher than industry at 13.0% as of June 2023. LANDBANK ranks among the top universal banks in the country, coming in second in assets and deposits, and fourth in loans and capital as of the first semester of 2023.
LEARN MORELANDBANK remains strong and adequately capitalized
The Land Bank of the Philippines (LANDBANK) remains strong, adequately capitalized, and compliant with regulatory requirements of the Bangko Sentral and Pilipinas (BSP). As of June 2023, the Bank’s total assets reached P3 trillion or 7.9% higher than P2.8 trillion in the same period a year ago, while net income stood at P20.9 billion from loans and investments earnings, exceeding its first-half target by 19% or P3.3 billion. The Bank also booked double-digit capital growth at 14.4% to P236.3 billion from P206.5 billion in 2022. Meanwhile, outstanding loans to agriculture and rural development was at P713.8 billion, representing 69% of its total loan portfolio of P1.04 trillion, almost three times the 25% requirement for local banks to allocate financing for agriculture, fisheries and rural development (AFRD) under Republic Act No. 11901 or “The Agriculture, Fisheries and Rural Development Financing Enhancement Act of 2022.” As of June 2023, LANDBANK’s Capital Adequacy Ratio (CAR) remains at a very healthy level of 16.61%, well above the 10% minimum requirement of the BSP, while our Common Equity Tier 1 (CET 1) ratio stands at 15.73%, also compliant with the 10.25% CET 1 requirement. The BSP tracks the Capital Adequacy Ratio (CAR) and Common Equity Tier 1 (CET 1) ratio of banks to ensure that they are capable of absorbing a reasonable amount of financial risks and still comply with statutory capital levels. Both capital ratios are essential as it indicates a bank’s financial strength and how well it can weather financial challenges. A higher CAR means a bank is more financially stable and secure. Even with the Bank’s P50 billion seed capital to the MIC as mandated by Republic Act No. 11954, otherwise known as the Maharlika Investment Fund Act of 2023, the Bank will meet its CAR requirements.
LEARN MORELANDBANK installs first-ever ATM in unbanked Polillo Island
Polillo Mayor Angelique E. Bosque (2nd from right) are joined by LANDBANK officials EVP Liduvino S. Geron (3rd from right), SVP Althon C. Ferolino (4th from right), Infanta Branch Head Leonylyn N. Magbuhat (leftmost), and Real Branch Head Elizabeth L. Jalotjot (rightmost) in successfully opening the new LANDBANK offsite ATM in Pollilo, Quezon. POLILLO, Quezon – The Land Bank of the Philippines (LANDBANK) recently inaugurated the very first offsite Automated Teller Machine (ATM) in this municipality towards advancing greater financial inclusion. The new LANDBANK ATM is set to service the cash requirements of government employees and other ATM card holders, including the beneficiaries of the Department of Social Welfare and Development (DSWD), and eliminate the public’s need to travel to the municipality of Real to withdraw cash. The inauguration ceremony was led by Municipal Mayor Angelique E. Bosque alongside LANDBANK officials, including Executive Vice President Ludivino S. Geron, Senior Vice President Althon C. Ferolino, Assistant Vice President Ramil P. Remillano, Real Branch Head Elizabeth L. Jalotjot, and Infanta Branch Head Leonylyn N. Magbuhat on 21 September 2023 at the Polillo Municipal Building. “We continue to expand LANDBANK’s physical network nationwide with a greater focus on servicing underserved and unbanked communities. We have the full support of local partners to install touchpoints and provide accessible and responsive banking services,” said LANDBANK President and CEO Lynette V. Ortiz. As of 30 June 2023, Polillo is listed by the Bangko Sentral ng Pilipinas (BSP) as one of the unbanked municipalities in the Philippines. "We are truly grateful to LANDBANK for making our long-standing dream a reality. This ATM signifies the continues growth of the Municipality of Polillo, and will bring much-needed convenience to our government employees and all ATM cardholders in our town," said Mayor Bosque. The new LANDBANK ATM is also poised to stimulate tourism activities on Polillo Island, guaranteeing visitors access to convenient cash withdrawal services to further enhance the island's appeal as a prime tourist destination. LANDBANK is celebrating its 60th anniversary with a steadfast commitment to provide essential banking services nationwide, extending its reach to the most remote and underserved corners of the country.
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