It is the policy of the State to protect its citizens from a lack of awareness of the true cost of credit to the user by assuring a full disclosure of such cost with a view of preventing the uninformed use of credit to the detriment of the national economy. DEFINITION OF TERMS (1) "Board" means the Monetary Board of the Central Bank of the Philippines (2) "Credit" means any loan, mortgage, deed of trust, advance, or discount; any conditional sales contract; any contract to sell, or sale or contract of sale of property or services, either for present or future delivery, under which part or all of the price is payable subsequent to the making of such sale or contract; any rental-purchase contract; any contract or arrangement for the hire, bailment, or leasing of property; any option, demand, lien, pledge, or other claim against, or for the delivery of, property or money; any purchase, or other acquisition of, or any credit upon the security of, any obligation of claim arising out of any of the foregoing; and any transaction or series of transactions having a similar purpose or effect (3) "Finance charge" includes interest, fees, service charges, discounts, and such other charges incident to the extension of credit as the Board may be regulation prescribe (4) "Creditor" means any person engaged in the business of extending credit (including any person who as a regular business practice make loans or sells or rents property or services on a time, credit, or installment basis, either as principal or as agent) who requires as an incident to the extension of credit, the payment of a finance charge (5) "Person" means any individual, corporation, partnership, association, or other organized group of persons, or the legal successor or representative of the foregoing, and includes the Philippine Government or any agency thereof, or any other government, or of any of its political subdivisions, or any agency of the foregoing As such, Any creditor shall furnish to each person to whom credit is extended, prior to the consummation of the transaction, a clear statement in writing setting forth, to the extent applicable and in accordance with rules and regulations prescribed by the Board, the following information: (1) the cash price or delivered price of the property or service to be acquired; (2) the amounts, if any, to be credited as down payment and/or trade-in; (3) the difference between the amounts set forth under clauses (1) and (2); (4) the charges, individually itemized, which are paid or to be paid by such person in connection with the transaction but which are not incident to the extension of credit; (5) the total amount to be financed; (6) the finance charge expressed in terms of pesos and centavos; and (7) the percentage that the finance bears to the total amount to be financed expressed as a simple annual rate on the outstanding unpaid balance of the obligation IMPORTANT NOTICE: The disclosure statement in writing is a required attachment to the credit transaction contract. The borrower has a right to demand a copy of the disclosure statement.
READ MOREThe Sulong Saka Program aims to provide credit assistance to farmers cultivating high-value crops such as banana, cacao, coffee, oil palm, rubber, vegetables, among others and for various qualified stakeholders to support their production, processing, marketing and other agribusiness projects.
READ MOREEasy Home Loan helps you buy or construct your dream house. It also allows existing homeowners to refinance their current and existing home loan from other banks or financing firms or developers' in-house financing.
READ MOREContributing to the National Government's goal of poverty reduction, the Agricultural Credit Support Project (ACSP) offers loan funds toward increasing investments, creating new job opportunities, and improving agricultural productivity in the rural areas. The ACSP provides credit support to agriculture and agri-related projects within a value chain. Let LANDBANK's ACSP help you meet your financial needs in agribusiness, be it for your additional capital, production increase, or operational expansion.
READ MOREThe LANDBANK Agricultural and Fisheries Financing Program (AFFP) provides small farmers with fishers access to formal credit to finance their economic activities. The AFFP is being implemented in partnership with the Department of Agriculture (DA) and the Agricultural and Credit Policy Council pursuant to the General Appropriations Act of 2013.
READ MOREIn this report, we present the highlights of the years 2016 and 2017 in terms of LANDBANK’s economic, social, and environmental performances based on our five sustainability cornerstones: Enterprise Development, Community Development, Environmental Protection and Management, Customer Service, and Employee Development.
READ MOREThe Farm Tourism Financing Program aims to assist farm tourism operators to develop farm tourism camps or activities that allow visitors to experience and enjoy farming or fishing through education and recreation or leisure.
READ MORELANDBANK support Local Government Units through its lending programs. With its presence in all of the 81 provinces nationwide, LGUs are given the support they need for progress.
READ MORELet LANDBANK help your institution grow with our Credit Facility for State Universities and colleges (SUCs). This credit facility supports qualifed SUCs with their infrastructure expansion, fixed asset acquisition and other income generating/ agri-related programs and projects.
READ MOREWith this program tie-up between LANDBANK and the Overseas Workers Welfare Administration (OWWA), business opportunities are provided to Overseas Filipino Workers (OFWs). With our credit assistance, you can now put up and run your own business as an alternative to your overseas employment.
READ MOREAs of Tue, May 13, 2025
| Buying | Selling | |
|---|---|---|
| USD | 55.4 | 56 |
| JPY | 0.368188 | 0.383152 |
| EUR | 60.582563 | 63.046928 |
| GBP | 71.954083 | 74.881016 |
| HKD | 7.082795 | 7.625072 |
As of Fri, May 9, 2025
| UITF | NAVPU |
|---|---|
| Cash Management Fund | 1.559832 |
| Money Market Fund | 1.312666 |
| Money Market Plus Fund | 1.225039 |
| PERA Money Market Fund | 1.024898 |
| Medium-Term Bond Fund | 2.472054 |
| Bond Fund | 2.03555 |
| PERA Bond Fund | 1.207998 |
| Balanced Fund | 2.6614 |
| Growth Fund | 2.619604 |
| Alpha Equity Fund | 3.074968 |
| Blue Chip Equity Fund | 0.975735 |
| Equity Fund | 0.803535 |
| High Dividend Equity Fund | 1.018337 |
| US$ Money Market Fund | 1.433429 |
| Global $ Fund | 1.527149 |
