Amid the devastating impact of El Niño on local harvests, Land Bank of the Philippines (LANDBANK) remains aggressive in extending financial support to rice farmers as total loans released through the Expanded Rice Credit Assistance under the Rice Competitiveness Enhancement Fund (ERCA-RCEF) reached P2.5 billion as of 30 April 2024. In partnership with Department of Agriculture (DA), LANDBANK has been successful in fully disbursing the P500-million allocated annual fund under ERCA-RCEF from 2019 to 2023. The Bank continues to make loans available to rice farmers and their cooperatives at affordable interest rates with minimum documentary requirements. "LANDBANK's support to the agriculture sector is crucial to ensuring food security in the country. We are committed to providing continued financial assistance to our rice farmers to help them sustain their operations and improve productivity, especially in the face of challenges including the El Niño phenomenon," said LANDBANK President and CEO Lynette V. Ortiz. The P2.5-billion loans released by LANDBANK under ERCA-RCEF benefitted over 15,400 individual rice farmers and 270 cooperatives with more than 21,300 member-beneficiaries, which were channeled to support palay production, milling and trading, re-lending, and acquisition of farm machineries. Under the Program, 98% of LANDBANK’s direct borrowers are individual rice farmers. Majority of the loan borrowers came from the rice producing provinces of Region 2, particularly Cagayan, Nueva Vizcaya, and Quirino, with LANDBANK assisting 4,945 borrowers for a total of P612.4 million in loans released. It was followed by Region 3 with 2,243 borrowers for total loan releases amounting to P840.3 million. The state-run Bank also extended assistance to rice farmers in Visayas and Mindanao, including the provinces of Capiz, Leyte, Agusan del Sur, Bukidnon, North Cotabato, and Zamboanga del Sur. LANDBANK’s steadfast commitment to the agriculture sector supports the celebration of the Farmers’ and Fisherfolk’s Month this May, which aims to recognize the invaluable contributions of farmers and fishers in nation-building and in achieving food security in the country. ABOUT LANDBANK LANDBANK is the largest development financial institution in the country promoting financial inclusion, digital transformation and sustainable development to benefit Filipinos. The Bank is present in all 82 provinces in the county, committed to provide accessible and responsive financing to drive the agriculture sector’s productivity and competitiveness, while championing sustainable development in the countryside.
READ MOREDSWD Secretary Rex T. Gatchalian (2nd from left) and LANDBANK President and CEO Lynette V. Ortiz (3rd from left) lead the signing of a Memorandum of Agreement for the improved payouts under the Assistance to Individuals in Crisis Situation (AICS) Program on 21 May 2024 at the DSWD Central Office in Quezon City, with witnesses DSWD Undersecretary Monina Josefina H. Romualdez (leftmost) and LANDBANK Executive Vice President Liduvino S. Geron (rightmost). The partnership aims to facilitate the efficient and timely delivery of financial aid to crisis-affected individuals in need of essential support services. Land Bank of the Philippines (LANDBANK) has been tapped by the Department of Social Welfare and Development (DSWD) for the efficient and timely delivery of financial relief to crisis-affected individuals, including those in remote and underserved communities. Under DSWD’s Assistance to Individuals in Crisis Situation (AICS) Program, LANDBANK will serve as the Department’s disbursement partner and will engage financial service providers to effectively facilitate payouts in identified regions. This new set-up eliminates the need for beneficiaries in remote communities and geographically isolated and disadvantaged areas (GIDAs) to travel to other towns and cities to seek and receive financial aid from DSWD Regional Offices. The pilot implementation will cover beneficiaries in the National Capital Region, Cagayan, Central Luzon, and CALABARZON. “Through our partnership, we look to ensure the swift and timely delivery of financial aid to vulnerable individuals and families suffering from unforeseen life events or crises, including those beneficiaries in far-flung areas,” said LANDBANK President and CEO Lynette V. Ortiz. DSWD Secretary Rex T. Gatchalian and LANDBANK President and CEO Ortiz led the signing of the Memorandum of Agreement (MOA) for the pilot implementation of the improved delivery of the AICS Program on 21 May 2024 at the DSWD Central Office in Quezon City. Witnesses include DSWD Undersecretary Monina Josefina H. Romualdez and LANDBANK Executive Vice President Liduvino S. Geron. The AICS Program supports the recovery of individuals and families suffering from unexpected life events or crises by providing assistance for medical, burial, transportation, food, educational, financial or other essential needs. LANDBANK serves as the main distribution arm of the National Government’s various social protection programs, facilitating the timely and safe disbursement of financial assistance to vulnerable and underserved sectors. ABOUT LANDBANK LANDBANK is the largest development financial institution in the country promoting financial inclusion, digital transformation and sustainable development to benefit Filipinos. The Bank is present in all 82 provinces in the country, committed to providing accessible and affordable financial support to key players and industries as part of its broader thrust of serving the nation.
READ MORELand Bank of the Philippines (LANDBANK) is launching its new GoBayani savings account designed to financially empower OFWs and overseas Filipinos with secure and reliable banking services. LANDBANK GoBayani is a digital deposit account that provides Filipinos abroad access to the Bank’s digital banking services and conveniently perform their transactions online, such as sending money to their families via fund transfer. Accountholders can also perform e-commerce transactions and receive remittance via Visa Direct through Visa partners abroad. GoBayani users can also digitally pay bills and other dues, which will soon include monthly contributions to Pag-Ibig Fund, Social Security System (SSS), and PhilHealth. “We are cheering on our kababayans abroad to save and grow their money through LANDBANK GoBayani. We want to support every step of their journey towards financial independence for them and their families back home,” said LANDBANK President and CEO Lynette V. Ortiz. LANDBANK is set to visit overseas Filipinos in United Arab Emirates, Japan, Hong Kong and Taiwan in June to promote LANDBANK GoBayani and other digital banking services. Open a GoBayani account via the LANDBANK app Overseas Filipinos can fully open a LANDBANK GoBayani savings account with no initial deposit and maintaining balance via their smartphones within minutes, through the new straight-through account opening feature of the LANDBANK Mobile Banking App (MBA). “Investing in our digital infrastructure forms part of our response to the increasing demand for convenient digital solutions. We are continuously enhancing our digital offerings to deliver a seamless banking experience to our customers and expand financial access to all,” said LANDBANK President and CEO Ortiz. Aside from GoBayani, customers can also open a LANDBANK PISO Plus basic deposit account and a regular LANDBANK Visa debit account through the MBA to help build their savings and start their financial journey. The LANDBANK MBA is a free application that offers seamless and convenient online fund transfers, bills payment, balance inquiry, and salary loan services. Using the MBA, LANDBANK customers also enjoy free fund transfers to other banks via InstaPay and PESONet for the first three transactions in a day worth P1,000 and below. To open a LANDBANK account, interested clients need only their smartphones downloaded with the latest version of the LANDBANK MBA, a secure Internet connection, and any of the following valid identification cards: Philippine Passport, Driver’s License, SSS, UMID, PRC ID, or PhilSys ID. ABOUT LANDBANK LANDBANK is the largest development financial institution in the country promoting financial inclusion, digital transformation and sustainable development to benefit Filipinos. The Bank is present in all 82 provinces in the country, committed to providing accessible and affordable financial support to key players and industries as part of its broader thrust of serving the nation.
READ MORELANDBANK Executive Vice President Ma. Celeste A. Burgos (rightmost) receives the award from ADFIAP Chairman Saud A. Minam (center) and First Vice Chairman Kao Thach (leftmost) for the Bank’s development project on rural electrification under the Infrastructure Development category during the ADFIAP Sustainable Development Awards 2024 in Phnom Penh, Cambodia on 16 May 2024. (Photo credit to ADFIAP) In recognition of its steadfast commitment to promoting sustainable development, Land Bank of the Philippines (LANDBANK) has been conferred with two international awards by the Association of Development Financing Institutions in Asia and the Pacific (ADFIAP) for its development projects on rural electrification and financial inclusion. LANDBANK’s BRIGHTNESS Lending Program, which stands for BRinging Inclusive Growth in every Household Through National Electrification Support Services, won in the Infrastructure Development category, while the Bank’s support to ASA Philippines Foundation, Inc.’s (ASA Philippines) credit expansion for underserved women earned a Merit Award in the Financial Inclusion category. ADFIAP Chairman Saud A. Minam, First Vice Chairman Kao Thach, and Second Vice Chairman Aria Putera Ismail presented the awards to LANDBANK, represented by Executive Vice President Ma. Celeste A. Burgos, at the ADFIAP Sustainable Development Awards on 16 May 2024 in Phnom Penh, Cambodia. “LANDBANK is honored to receive these prestigious awards from ADFIAP, which underscore our unwavering dedication to advancing sustainable and inclusive development. This recognition inspires us to continue empowering underserved communities, fostering economic growth, and enhancing quality of life for our valued clients," said LANDBANK President and CEO Lynette V. Ortiz. Launched in 2013, LANDBANK BRIGHTNESS Lending Program aims to expand energy access in barangays to spur growth and generate more economic activities in the countryside by providing financing assistance to qualified distribution utilities and wholesale power aggregators. This initiative supports the National Government’s rural electrification efforts under Republic Act No. 9136, otherwise known as the “Electric Power Industry Reform Act of 2001 (EPIRA Law),” which ensures the quality, reliability, security and affordability of electric power supply nationwide. As of 31 March 2024, total approved loans under the BRIGHTNESS Lending Program have reached P13.7 billion, supporting over 4.8 million households with reliable power supply. LANDBANK, represented by Executive Vice President Ma. Celeste A. Burgos (center), also receives a merit award under the Financial Inclusion category as presented by ADFIAP Chairman Saud A. Minam (rightmost) and Second Vice Chairman Aria Putera Ismail (leftmost). (Photo credit to ADFIAP) Meanwhile, LANDBANK’s support enabled ASA Philippines to raise P5.0 billion through a five-year syndicated corporate notes facility. Dubbed “Project Nanay First,” the proceeds from the offer are aimed to reach and empower more women, particularly mothers, from economically disadvantaged sectors through the provision of accessible financing. ASA Philippines’ five-year corporate notes issuance was classified as the first-ever Gender Bonds issued in the country, as certified by social bond second-party opinion provider DNV (Det Norske Veritas) and registered with the Securities and Exchange Commission (SEC). The partnership promotes broader financial inclusion in alignment with the Philippine Development Plan (PDP) 2023-2028 and advocates for environmental, social, and governance (ESG) principles. ADFIAP serves as the focal point of all development banks and other financial institutions engaged in development financing across the Asia-Pacific region, with the mission to advance sustainable development through its members. The annual ADFIAP Awards recognizes member-institutions that have made important contributions to national development. ABOUT LANDBANK LANDBANK is the largest development financial institution in the country promoting financial inclusion, digital transformation and sustainable development to benefit Filipinos. The Bank is present in all 82 provinces in the county, committed to providing accessible and affordable financial support to key players and industries as part of its broader thrust of serving the nation.
READ MORECustomers can now open a Land Bank of the Philippines (LANDBANK) savings account completely online via smartphones, as the Bank continues to serve the growing preference of customers for digital solutions and promote financial inclusion. LANDBANK has upgraded its Mobile Banking App (MBA) with a new straight-through account opening feature which allows customers to open a digital account instantly from anywhere, at any time, without visiting a LANDBANK Branch. Through the MBA, customers can open a LANDBANK PISO Plus basic deposit account, a regular LANDBANK Visa debit account, and the new GoBayani savings account designed for overseas Filipinos, to help build their savings and start their financial journey. To open a LANDBANK account, interested clients need only their smartphones downloaded with the latest version of the LANDBANK MBA, a secure internet connection, and any valid identification card such as a Philippine Passport, Driver’s License, SSS, UMID, PRC ID, or PhilSys ID. "We are dedicated to continue expanding our digital offerings to bring more Filipinos into the financial mainstream. Opening a LANDBANK account has never been easier, and we hope more customers can get to experience the benefits of our convenient and secure banking services," said LANDBANK President and CEO Lynette V. Ortiz. The LANDBANK MBA is a free application that offers seamless and convenient online fund transfers, bills payments, balance inquiries, and salary loan services. Using the MBA, LANDBANK customers also enjoy free fund transfers to other banks via InstaPay and PESONet for the first three transactions in a day worth P1,000 and below. Q1 2024 Digital Banking Performance The LANDBANK MBA recorded a remarkable 96% increase in usage during the first three months of 2024, as transactions soared to 20.9 million from 10.7 million recorded in the same period in 2023. Fund transfers and bills payment transactions drove the transaction volume growth, as the MBA generated a 42% increase in total transaction value or P89.3 billion compared to P63 billion last year. The LANDBANK MBA also led the 63% growth or a total of 30.79 million transactions across all of the Bank’s major digital channels, reaching P1.95 trillion in total transaction value. The state-run Bank’s other digital channels include iAccess, an online retail banking channel; corporate internet banking platform, weAccess; web-based payment channel, Link.BizPortal; real-time web-based remittance system for overseas Filipinos, i-Easy Padala; alternative payment channel, Electronic Tax Payment System (eTPS); facility for institutional clients and national government partners, Electronic Modified Disbursement System (eMDS); and electronic bulk disbursement facility, Bulk Crediting System (LBCS). LANDBANK remains committed to enhancing its digital infrastructure to deliver seamless banking experiences and meet the evolving needs of customers. ABOUT LANDBANK LANDBANK is the largest development financial institution in the country promoting financial inclusion, digital transformation and sustainable development to benefit Filipinos. The Bank is present in all 82 provinces in the country, committed to providing accessible and affordable financial support to key players and industries as part of its broader thrust of serving the nation.
READ MORELANDBANK and PAFCPIC sign a P10-billion loan line to support the financial needs of AFP personnel and their families. Leading the ceremony are LANDBANK President and CEO Lynette V. Ortiz (2nd from right), PAFCPIC Chairman BGen. Francisco M. Paredes (Ret) (3rd from right), LANDBANK Executive Vice President Ma. Celeste A. Burgos (rightmost), and PAFCPIC President BGen. Fernando S. Zabat (Ret) (leftmost). Land Bank of the Philippines (LANDBANK) has extended a P10-billion rediscounting line to support the Philippine Army Finance Center Producers Integrated Cooperative (PAFCPIC) and its members serving in the Armed Forces of the Philippines (AFP). The state-run Bank expanded the Cooperative’s previous P8 billion credit line to P10 billion to sufficiently augment working capital and enable PAFCPIC to better serve the financial requirements of its more than 190,000 members. PAFCPIC's membership consists of active and retired military and civilian personnel from the Philippine Army, Philippine Navy, and Philippine Air Force, as well as their immediate dependents. The ceremonial loan signing event was led by LANDBANK President and CEO Lynette V. Ortiz and PAFCPIC Chairman BGen. Francisco M. Paredes (Ret), alongside LANDBANK Executive Vice President Ma. Celeste Burgos and PAFCPIC President BGen. Fernando S. Zabat (Ret) on 29 May 2024 at the LANDBANK Plaza in Manila. Also present as witnesses were LANDBANK Senior Vice President Lucila E. Tesorero and Vice President Leonardo D. Aurellana Jr., with PAFCPIC Vice President MGen. Rolando V. Picar (Ret) and Executive Vice President BGen. Anastacio C. Cabading. "By boosting your financial resources and upgrading your operational efficiency through our digital solutions, we look to further improve your service delivery to your members and the entire armed forces community," said LANDBANK President and CEO Ortiz. Apart from the financial assistance, LANDBANK likewise pledged to support PAFCPIC's digitalization efforts by onboarding the Cooperative to the Bank’s web-based payment platform, Link.BizPortal, which will streamline the collection of payments for its members’ capital contributions, deposits, and loans, thereby enhancing their operational efficiency. “This milestone is a manifestation of almost three decades of business collaboration between PAFCPIC and LANDBANK, nurtured and nourished with trust and confidence. We are grateful for LANDBANK's unwavering support, which has been instrumental in enabling us to better serve our members and their families,” said PAFCPIC Chairman Paredes. LANDBANK conferred PAFCPIC with the Distinguished Initiators and Movers of National Development (DIAMOND) Award last year, for the co-op’s contributions to promoting countryside and national development. The LANDBANK DIAMOND Award honors exceptional Bank clients, fund management and digital banking partners that have made positive change in the communities they serve. LANDBANK remains committed to providing robust financial solutions to cooperatives and its members nationwide towards promoting countryside to countrywide development. ABOUT LANDBANK LANDBANK is the largest development financial institution in the country promoting financial inclusion, digital transformation and sustainable development to benefit Filipinos. As the only Bank present in all 82 provinces in the county, it is committed to providing accessible and affordable financial support to key players and industries as part of its broader thrust of serving the nation.
READ MORELANDBANK GoBayani Promo Mechanics This promotion is open to participants worldwide, who will open a LANDBANKGoBayani account with the criteria specified below: Promo Period: January 1 to March 31, 2025; extended up to April 30, 2025 as approved by DTI-FTEB Eligibility Criteria: Open to all Overseas Filipinos (OFs), Overseas Filipino Workers (OFWs) and their beneficiaries who will open a LANDBANK GoBayani Account within the aforementioned promo period. Mode of Account Opening: Via LANDBANK Mobile Banking App (MBA) and Over-the-Counter at any LANDBANK Branch Prize / Incentive: PHP 100.00-credit incentive for successful account opening Prize Redemption: The PHP 100-credit incentive will be credited to the account holder’s newly-opened LANDBANK GoBayani Account within three (3) to four (4) banking days from date of the account opening. Terms and Conditions: The Promotion is open to all Overseas Filipinos (OFs), Overseas Filipino Workers (OFWs) and their beneficiaries worldwide. Promo period is from January 1 to March 31, 2025. Only one account per eligible participant is allowed for the cash incentive. The cash incentive shall be credited to the newly opened LANDBANK GoBayani account within 3 to 4 banking days from the date of account opening. The cash incentive is non-transferable and cannot be converted to other forms of incentives or credits. Fraudulent activities or attempts to manipulate the Promotion will result to automatic disqualification. All decisions made by the Bank regarding the Promotion, including eligibility and reward distribution, are final and binding with the concurrence of the DTI. By joining this Promotion, the participant confirms that he/she has read, understood, and agreed to the Promotion terms and conditions. To the fullest extent permitted by law, LANDBANK shall not be liable to any person for any loss, damage, expenses or claim (whether direct or indirect, and whether foreseeable or unforeseeable) arising from or in connection with the usage or attempted usage of the Promotion or and/or services provided under the Promotion.
READ MOREACTIVATE AND PAY RAFFLE PROMO MECHANICS To qualify for the raffle draw: 1. Enroll your LANDBANK account in the LANDBANK iAccess or Mobile Banking App (MBA). 2. Pay your bills for a minimum amount of ₱100 using iAccess, MBA, or Link.BizPortal during the promo period. Eligibility Criteria: Participants must be newly enrolled in the LANDBANK iAccess/MBA and must pay bills using iAccess, MBA, or LinkBizPortal with a minimum payment of P100.00 during the promo period. Promo Period: June 1 to August 31, 2024 Raffle Prize: P5,000.00 each for twenty-five (25) monthly winners Eligible Accounts: All newly enrolled iAccess/MBA accounts (Savings, Checking, and Current Accounts) Schedule of Raffle Draw Promo Period Raffle Draw Date June 1-30, 2024 July 11, 2024 July 1-31, 2024 August 13, 2024 August 1-31, 2024 September 12, 2024 Venue: LANDBANK Plaza Prize Redemption: The twenty-five monthly raffle draw winners will each receive the ₱5,000 cash prize to be credited in their respective LANDBANK accounts within 2 to 3 banking days after the raffle draw. Redemption of prizes is valid for 60 days upon receipt of notification. Control Measures: • LANDBANK Internal Audit and DTI representatives will be invited to check, test & validate the computer system, and witness the following activities: o Loading of raffle entries in the electronic raffle program; o Generation of raffle winners • Each bill payment transaction earns one raffle entry with the Transaction Reference Number acting as the raffle ticket. • A copy of the winners shall be signed by the DTI representative, along with a copy of the list of winners. • Winners will be informed via registered mail and email or SMS. Other Terms: • The account must remain open and active. • Participants are eligible to win only once per monthly draw. • Non-winning entries are carried over to the next draw. • Clients whose LANDBANK accounts were enrolled in the iAccess and MBA before June 1, 2024 are disqualified. • Members of the promotional campaign committee are not eligible to participate. • The following data will be collected for the raffle entries: (1) transaction reference numbers; and (2) account names. The qualified entries for the period shall be generated and extracted from the LANDBANK system for the covered period. This will be loaded in the LANDBANK e-Raffle System
READ MOREPROMO MECHANICS I. Qualification: This promo is open to all Security Bank, AUB, and Landbank Mastercard cardholders who will purchase on the ZALORA website or ZALORA app within the promo period using installment as the payment option. II. Promo Period and Discount: 1. Promo period valid from June 14 – 30, 2024 2. P1,000 off for a minimum spend of P5,000 and paid via installment. III. How to avail of discount: 1. Log-on to http://www.zalora.com.ph 3. Select the product. 4. Select size and click on “Add to Bag”. 5. Once finished, click CHECKOUT NOW to proceed. 6. Log in or Register by Signing in via Facebook. Input Customer Information such as name, phone number and delivery address. 7. Select Credit Card 3M/ 6M Installment as Payment Method and input Security Bank, AUB, or Landbank Mastercard card details and click installment payment. 8. Select voucher code: MASTERCARD1000 to get P1,000 off. The voucher can only be used once. For qualified cardholders who availed of the P1,000 off from May 27 – June 2, 2024, he/she is no longer entitled to avail of this promo offer. 9. Click “Order Now” to finalize order IV. Promo Exclusions: Discount is only valid for Security Bank, AUB, and Landbank Mastercard users who will pay using installment. V. Customer support: For any questions or clarifications, please contact ZALORA Philippines Facebook Page or e-mail: customer@zalora.com.ph
READ MORETERMS AND CONDITIONS I. Promo Tile: Get 45% off on ZALORA Big Fashion Sale with your Visa card! Use code VISABFS24. II. How to Avail Open to all Visa cardholders who will purchase on the ZALORA website or ZALORA app within the promo period. Log-on to http://www.zalora.com.ph Click on Shop Women, Shop Men, Shop Kids to begin Select product categories. Select product. Select size and click on "Add to Bag". Once finished, click "Check Out Now" to proceed. Log in or Register by Signing in via Facebook. Input Customer Information such as name, phone number, and delivery address. Select Payment Method Click "Have a promo code? Enter it here". Enter promo code: VISABFS24 then click APPLY. Click "Order Now" to finalize order Discount will be deducted via cart rule from subtotal. Click "Order Now" to finalize the order. III. Terms and Conditions 45% off with Minimum spend P3,500, a discount of up to P2,500 off. One-time use and sitewide. Discount is not valid on essential items Per DTI Fair Trade Permit No. FTEB-188709 Series of 2024. IV. Promo Period - June 14-20, 2024
READ MOREAs of Fri, May 16, 2025
| Buying | Selling | |
|---|---|---|
| USD | 55.45 | 55.95 |
| JPY | 0.375569 | 0.390139 |
| EUR | 61.178427 | 63.552878 |
| GBP | 72.74607 | 75.569483 |
| HKD | 7.076805 | 7.605004 |
As of Thu, May 15, 2025
| UITF | NAVPU |
|---|---|
| Cash Management Fund | 1.560834 |
| Money Market Fund | 1.313483 |
| Money Market Plus Fund | 1.225845 |
| PERA Money Market Fund | 1.025314 |
| Medium-Term Bond Fund | 2.477153 |
| Bond Fund | 2.038708 |
| PERA Bond Fund | 1.205467 |
| Balanced Fund | 2.670118 |
| Growth Fund | 2.62956 |
| Alpha Equity Fund | 3.090066 |
| Blue Chip Equity Fund | 0.986142 |
| Equity Fund | 0.80734 |
| High Dividend Equity Fund | 1.026099 |
| US$ Money Market Fund | 1.434153 |
| Global $ Fund | 1.523621 |
