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LANDBANK earns regional award for digital account opening

LANDBANK Executive Vice Presidents Alan V. Bornas (third from left) and Julio D. Climaco, Jr (rightmost) receive the Asia’s Most Inclusive Bank award during the 2019 IDC FIIA awarding ceremony at the Marina Bay Sands Convention Center, Singapore. LANDBANK was named “Asia’s Most Inclusive Bank” at the 2019 Financial Insights Innovation Awards (FIIA) held recently at the Marina Bay Sands Convention Center, Singapore. The award was conferred by International Data Corporation to recognize the best-in-class technology initiatives of financial institutions in Asia and the Pacific. The Bank was recognized for its Digital Onboarding System (DOBS), a web application it launched in 2018 to reduce account opening time and simplify the account enrolment process for clients. Within four months of implementation, the System is now utilized in 64 of the Bank’s branches across the country which reported significant reduction in account opening time from 30 minutes to 10-15 minutes. The implementation of DOBS makes LANDBANK the first universal bank in the country that offers full digital account opening to both individual and institutional clients, including government agencies. The System is also designed to ensure the Bank’s compliance to regulatory requirements in terms of data quality as it allows immediate capturing and validation of complete account-opening data and enables easy storage and retrieval of digital records.   Bringing innovative banking to the countryside “This Project is a significant step towards streamlining our processes and making our branches more IT-centric. DOBS will likewise play a central role in bringing our services to more unbanked and unserved areas, as we pursue our vision of promoting inclusive growth in the countryside,” said LANDBANK Executive Vice President Alan Bornas, who received the award in a ceremony held as part of the Asian Financial Services Congress in Singapore. Being the only Bank present in all of the country’s provinces, LANDBANK, through DOBS, can further make financial services accessible and available to more Filipinos in far-flung areas. The Bank aims a full implementation of DOBS Phase 1 to all its branches by third quarter. Phase 2, on the other hand, is set to be implemented by July 2019, which will banner additional features such as: 1) Client on-boarding without going to a branch; 2) Accessibility feature for OFWs, and; 3) Updating of customer information, among others. Out of 110 entries, LANDBANK is one of the 13 awardees and the only Philippine bank recognized in this year’s FIIA.

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OUTSTANDING DEVELOPMENT PROJECT AWARD BY THE Association of Development Financing Institutions in Asia and the Pacific

LANDBANK was conferred with Outstanding Development Project under the Financial Inclusion category for the LANDBANK Financial Inclusion Caravan by the Association of Development Financing Institutions in Asia and the Pacific (ADFIAP).

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LANDBANK Head Office is first in the country to earn LEED v4 Gold Rating

LANDBANK Executive Vice President Julio D. Climaco, Jr. receives the LEED v4 Gold Certificate for the LANDBANK Plaza from Ecosolutions President and CEO Engr. Felipe Agustin (second from right). They are joined by (from right) LANDBANK Vice President for Facilities and Procurement Services Dina Melanie Madrid, Accredited Professional of LEED for BO+M Arch. Kristina Samantha Pobre, Ecosolutions LEED Green Associate Arch. John Paul Efe, LANDBANK Facilities Management Department Head Ramil Remillano and Architect Christine Joy Laroza. The LANDBANK Plaza in Malate, Manila was recently conferred with the Leadership in Energy and Environmental Design (LEED) v4 Gold Certification. This makes the Bank the first in the country to receive the latest version of the certification under the “Building Operations and Maintenance (BO+M): Existing Buildings” classification. LANDBANK is also the first government-owned and-controlled corporation with a facility awarded an LEED certification for Existing Buildings, while its head office remains one of the country’s top seven pioneering projects that have been successfully certified. Designed by the US Green Building Council (USGBC), LEED is the most widely used green building rating system to assess environmental compliance in terms of sustainability, energy conservation, water reduction, air quality and materials, and resources. “LANDBANK has remained consistent in incorporating environmental management practices in all aspects of our operations, services, and decisions. This LEED v4 Gold Certification is thus a welcome recognition of our continuing commitment to implement green practices and to lower our environmental impact,” said LANDBANK Executive Vice President Julio D. Climaco, Jr. Improvements implemented by the Bank include: (1) reuse of treated water from Sewage Treatment Plant (STP) for cleaning/ washing of pavements and exterior areas of the building; (2) replacement of existing water meters and sub metering to improve water consumption monitoring and quick resolution of leakage or misuse; (3) installation of  energy-efficient lighting fixtures in all work areas; (4) replacement of defective air condensing units to more energy-efficient equipment; and (5) provision of alternative transportation for employees through e-jeepney service vehicles. Since the implementation of these and other innovations, the LANDBANK Plaza saw substantial decrease in water and electricity consumption, while cost savings increased. The Bank also implements building exterior and hardscape management, environmentally preferred purchasing policy, integrated pest control management, solid waste management, and green cleaning programs, among other policies and practices. Since 2004, LANDBANK has maintained an Environmental Management System (EMS) at par with global standards, with its head office and 39 of its branches now ISO 14001:2004-certified while EMS good practices are consistently implemented across all of its branches and field units.

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SILVER ANVIL FOR LANDBANK’s FINANCIAL INCLUSION CARAVAN BY PUBLIC RELATIONS SOCIETY OF THE PHILIPPINES

LANDBANK’s Financial Inclusion Caravan bagged a Silver Anvil under the Specialized Public Relations Programs - Advocacy Campaign Category at the 53rd Anvil Awards organized by the Public Relations Society of the Philippines.

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BTr, LANDBANK launch RTB Online Facility

The Bureau of the Treasury (BTr), in partnership with the Land Bank of the Philippines (LANDBANK), launched the first-ever Retail Treasury Bond (RTB) Online Facility to make RTBs available for online purchase. The five-year RTB tranche 22 offered by BTr is now made available to a wider public through an online ordering facility that makes investing easier and more accessible to more Filipinos, even to Overseas Filipinos (OFs). The RTB Online Facility automates the process through online accomplishment of an order form that is linked to LANDBANK Link.Biz Portal – an internet-based payment channel designed to accept payment of fees, dues, and charges from clients of enrolled merchants from government or private institutions. This initiative by the BTr aims to encourage participation from individual investors and expand reach to OFs. The RTB Online Facility is available for those who have peso deposit accounts (with online access) with LANDBANK and the Development Bank of the Philippines, the Joint Lead Issue Managers of RTB 22. Interested investors may place a minimum of P5,000 and in integral multiples thereafter with an interest rate of 6.25% gross per annum. RTBs offer period is until March 8, 2019 only and mature in 2024.

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Recognition of Exellence by OpenGov

The Land Bank of the Philippines was among eight government agencies and units awarded in this year’s OpenGov Recognition of Excellence for the LANDBANK Inclusive Banking Center.

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Philippine Quill Awards 2018

LANDBANK recently bagged two Awards of Excellence and a Merit Award at the Philippine Quill Awards 2018 conferred by the International Association of Business Communicators (IABC) in a ceremony held at the Manila Marriott Hotel. Read more.

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PHILIPPINE QUILL AWARD

The LANDBANK 2015 wall and desk calendars titled “The Beauty that Lies Within: A Look at Philippine Caves” received the Award of Merit at the Philippine Quill Awards 2015 conferred by the International Association of Business Communicators.    The 2015 calendars won under the Communication Skills Division, Publications Category. The Philippine Quill is one of the country’s most prestigious awards for business communicators.   This is the third award for the LANDBANK 2015 calendars. It won for Printwell, Inc., the 2015 wall calendar print service provider, the Print Excellence 2014 Award from Printing Industries Association of the Philippines, Inc.    It also won for Studio 5 Designs, Inc., the creative service provider, the Award of Merit for design from Graphis Publications, an international award giving body that recognizes the best in design, advertising, photography and illustration.

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Best Agribusiness, CSR Bank

LANDBANK was named “Best Agribusiness Bank” in the Philippines by London-based Global Banking & Finance Review magazine for its financing programs that contribute to improving agricultural productivity, ensuring food security, and promoting agri-entrepreneurship, as well as for its initiatives to promote financial inclusion.Read more

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Karlsruhe Sustainable Finance Awards 2016

For the fourth year in a row, LANDBANK was recognized by the Global Sustainable Finance Network (GSFN) for its contributions in the field of sustainable finance. The Bank was conferred with a Certificate of Merit for its Climate SMART (Synergistic Mitigation, Adaptation, Resiliency, and Transformation) financing program under the Best Innovation in Sustainable Financial Products and Services category. The award was given in a ceremony held at the annual Global Sustainable Finance Conference in Karlsruhe, Germany. Read More

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Foreign Exchange Rates

As of Mon, August 18, 2025


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USD 56.8 57.3
JPY 0.380611 0.395313
EUR 65.606378 68.13967
GBP 76.021867 78.957337
HKD 7.229103 7.76713

Unit Investment Trust Funds

As of Fri, August 15, 2025


UITF NAVPU
Cash Management Fund 1.577631
Money Market Fund 1.326114
Money Market Plus Fund 1.238772
PERA Money Market Fund 1.032221
Medium-Term Bond Fund 2.507452
Bond Fund 2.073357
PERA Bond Fund 1.232083
Balanced Fund 2.708132
Growth Fund 2.670495
Alpha Equity Fund 3.179783
Blue Chip Equity Fund 0.971735
Equity Fund 0.830437
High Dividend Equity Fund 1.065096
US$ Money Market Fund 1.444934
Global $ Fund 1.569064

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