Lagayan Mayor Edmarc L. Crisologo (2nd from left) and LANDBANK Ilocos Sur Lending Center Head Loida Arlene Ringor (3rd from left) lead the signing of a P60-million loan to finance various infrastructure projects for the Municipality. They are joined by Vice Mayor Apolinar Molina, Sr. (4th from left), Municipal Treasurer Jesus B. Dalangin (rightmost), and LANDBANK Account Officer Richard A. Refuerzo (leftmost). LAGAYAN, Abra – The Land Bank of the Philippines (LANDBANK) and the Municipal Government of Lagayan in Abra province recently signed a P60-million loan to finance development projects to boost the local economy. Facilitated by the LANDBANK Ilocos Sur Lending Center, the 15-year term loan will finance the rehabilitation of a municipal road between barangays Pulot and Poblacion, to significantly improve the movement of goods and the public within the municipality. The road serves as the main route linking all four of Lagayan’s barangays and connects the town to other adjacent municipalities. The municipal road is seen to benefit Lagayan’s 4,617 residents, including 850 farmers and 625 fishers, and allows them to travel more safely and efficiently, especially when transporting agricultural goods to markets in nearby municipalities. The road will also support increased tourism activity within the municipality. Local tourist attractions in Lagayan include the caves in Mount Gaco, Lusuac Sprint Resort, and whitewater tubing or bamboo rafting near Ar-Arbis Falls. The P60-million LANDBANK term loan will also cover the purchase of a payloader to be used mainly in dredging the Palsuguan and Tineg rivers traversing Lagayan. This is part of the LGU’s efforts to prevent floods in rice fields and barangays caused by the natural build-up of debris and rising waters resulting from monsoon rains. To further control seasonal flooding, the LGU will also use part of the LANDBANK loan to put up a drainage canal system in Barangay Poblacion to improve water drainage for the health and safety of residents. “LANDBANK remains a ready and able partner of LGUs nationwide for various recovery and development initiatives. We will continue to serve local communities to spur economic activity, growth, and recovery,” said LANDBANK President and CEO Cecilia C. Borromeo. Lagayan Mayor Edmarc L. Crisologo expressed his appreciation for LANDBANK’s financial support, which will also bankroll the construction of a Legislative Building and the rehabilitation of the municipality’s Evacuation Center to be able to accommodate more evacuees, especially during disasters. The Center will also serve as the operations hub for the Municipal Disaster Risk Reduction Management (MDRRM). “May we continue and strengthen our partnership towards the success of every Lagayano’s dream. On behalf of my constituents, I am in deep gratitude for the helping hand extended by LANDBANK and the realization of the vision, dreams, and aspirations that Lagayanos have been longing for a long time now,” said Mayor Crisologo. As of end-October 2021, LANDBANK has extended P62.06 billion in outstanding loans to LGUs nationwide. Of this amount, P22.96 billion financed various agri-aqua projects, including P5.82 billion and P5.23 billion for transportation and health-care initiatives, respectively.
READ MOREThe Land Bank of the Philippines (LANDBANK) has made investing in the Bureau of the Treasury’s (BTr) 26th tranche of Retail Treasury Bonds (RTB-26) more accessible with the LANDBANK Mobile Banking App (MBA). The RTB-26 is a five-and-a-half-year bond with a coupon rate of 4.625% per annum designed for retail investors as a low-risk and higher-yielding savings instrument. Proceeds of the offer that is expected to reach P30 billion will support the National Government’s ongoing pandemic response initiatives and priority projects, among others. Through the LANDBANK MBA, interested investors can purchase RTB-26 for as low as P5,000 and in multiples of P5,000 thereafter in as fast as five minutes. This feature is also available in the Mobile Banking App of the Overseas Filipino Bank (OFBank), the official digital bank of the Philippine government and a subsidiary of LANDBANK. “We are once again inviting the investing public to support the BTr’s latest Retail Treasury Bond offer now made more convenient through LANDBANK’s digital platforms. Investors can purchase this affordable and low-risk investment in five minutes, and at the same time contribute directly to advancing the country’s ongoing economic recovery,” said LANDBANK President and CEO Cecilia C. Borromeo. Investors can also make online placements for RTB-26 through the BTr’s Online Ordering Platform then settle their payments via the LANDBANK Link.BizPortal. Over-the-counter placements are also accepted in all LANDBANK branches nationwide. The offer period for RTB-26 is until 26 November 2021, which includes a bond exchange offer where holders of Fixed-Rate Treasury Notes (FXTNs) 10-54 and 5-74 can swap their holdings for the new bond offering. The RTB-26 follows the RTB-25 issuance last March which raised P463.32 billion, of which LANDBANK generated 27% or a total of P124.39 billion. It also immediately comes after the highly successful first onshore retail dollar bond (RDB) issue in September that raised $1.6 billion for the national government, of which LANDBANK contributed US$205.27 million of total sales. LANDBANK serves as the Joint Lead Issue Manager for the RTB-26 offering, in line with promoting greater financial inclusion and inclusive national development.
READ MOREIn partnership with the Department of Social Welfare and Development (DSWD), the Land Bank of the Philippines (LANDBANK) continues to deliver timely financial assistance as it released P89.45 billion in cash grants that benefitted 6.3 million lowincome families as of the first nine months of 2021. Of the total releases, P82.72 billion in cash grants were distributed to 4.4 million beneficiaries under the government’s Conditional Cash Transfer (CCT) Program, intended to support poor households with children aged 18 years old and below. The remaining P6.73 billion was released to 1.9 million beneficiaries under the DSWD’s Unconditional Cash Transfer (UCT) Program, as part of support interventions in line with the implementation of the Tax Reform for Acceleration and Inclusion (TRAIN) Law. “LANDBANK remains one with the National Government in the immediate delivery of social protection interventions and much-needed financial relief to vulnerable sectors. Under the whole-of-nation approach, we work closely with the DSWD and other government partners at the forefront of extending responsive and impactful services,” said LANDBANK President and CEO Cecilia C. Borromeo. The Bank also continues to distribute LANDBANK cash cards to CCT and UCT beneficiaries to make receiving and accessing benefits easier and more convenient. The cards can be used for cash withdrawals at LANDBANK ATMs and Agent Banking Partners, and for cashless purchases in groceries and drugstores, among others. As of 30 September 2021, LANDBANK has produced 6.4 million cash cards for this ongoing partnership, of which 4.4 million cards are already being utilized by the beneficiaries. CCT and UCT beneficiaries may also receive their benefits via over-thecounter transactions at LANDBANK branches and through various conduits. LANDBANK is relentless in fulfilling its expanded mandate as the delivery arm for the National Government’s social protection initiatives, in line with serving the Filipino people and the nation at large.
READ MOREI. Qualifications The promo is exclusive to Mastercard Credit, Debit, and Prepaid cards. II. How to Avail Shop using the Shopee mobile app. Select the items you wish to purchase and click “BUY NOW”. To proceed with checkout, enter your e-mail address and shipping details. Enter promo code “MCPAYDAY” upon checkout. Click “Select payment method” and choose “Credit / Debit Card” as option. Select or add your participating Mastercard credit, debit, or prepaid card and click “Confirm”. Promo discount will be automatically applied to your purchase upon checkout. III. Terms and Conditions Qualified Mastercard cardholders are entitled to avail of the promo discount from Shopee within the applicable promo period. Promo discount is P150 off, with a minimum spend of P1,500. Promo discount is valid for eligible Shopee users during the promo duration. Promo discount is valid for one-time use on Nov 30, 2021. Promo discount cannot be reapplied after a qualified order has been cancelled by the cardholder. Promo discount is valid for new and existing Shopee registered customers. Promo discount cannot be applied retroactively. The offer cannot be exchanged for cash or other products. Promo discounts are only valid on preferred and Shopee Mall stores excluding products under the “Load, Bills, and eServices” category. Promo discount is valid on orders to be delivered via integrated couriers. By joining this promo, the user confirms that he/she has read, understood, and agreed to the promo mechanics and its terms & conditions. Shopee reserves the right to cancel transactions of accounts that are suspected to be invalid or fraudulent (i.e. abuse of system). Shopee reserves the right to vary these terms & conditions with prior approval of DTI. IV. Customer Support For any questions or clarifications, please contact Shopee’s Customer Service at (02) 88805200 or email support@shopee.ph DTI Fair Trade Permit No. FTEB-129560 Series of 2021
READ MOREHOW TO AVAIL Via Lazada Mobile App 1. Download the Lazada app for free via App Store for Apple users or Google Play store for Android users. 2. Select the item/s you wish to purchase then click “Add to Cartâ€. Prepare your card details for the transaction 3. Click the Shopping Cart icon on the right, topmost portion of the screen to view all the items on your Shopping Cart. 4. Select the item/s you wish to purchase and once you have reviewed the items on your Shopping Cart, click “Check Out†5. Input the voucher code on the checkout page to apply the discount. Enter your shipping and billing information and select the credit card as payment method. 6. Enter your Mastercard Credit/Debit/Prepaid Card details and make sure to check if the discount was applied to total billing before proceeding to place the order. 7. Click “Place Order†to complete the transaction. TERMS AND CONDITIONS: 1. Discount can be used once every Monday throughout the valid promo period and dates. 2. Discount is applicable to all Mastercard Credit/Debit/Prepaid Cardholders. Discount is capped at Php 400. 3. Discount is applied automatically at the checkout only when the voucher code has been successfully applied on the order. 4. Discount is not exchangeable for cash, credit or other goods and services. 5. Discount amount cannot be applied retroactively. 6. Discount is not applicable to items marked “Voucher code not applicable on this item”. 7. All cancelled orders will not be valid for re-instatement of voucher codes. 8. Applicable only to eligible credit card BINs and eligible items. 9. Payment codes cannot be used with other collectible or static code discount vouchers. 10. The use of the voucher is subject to the Lazada Voucher Terms and Conditions. CUSTOMER SUPPORT For questions or clarifications, please contact Lazada Customer Care by clicking the chat button at http://www.lazada.com.ph/contact. Terms and conditions apply. Per DTI Fair Trade Permit No. FTEB-130054 Series of 2021.
READ MORELANDBANK joins the Philippine Commission on Women (PCW) in observing the 18-Day Campaign to End Violence Against Women (VAW) from November 25 until December 12, 2021. Pursuant to Presidential Proclamation No. 1172, s. 2006, the VAW Campaign supports the National Government’s goal of protecting the human rights of women and girls by upholding its commitment to address all forms of gender-based violence. This year’s slogan, “Filipino Marespeto; Safe Spaces, Kasali Tayo” aims to promote awareness about the Safe Spaces Act (RA 11313 or SSA) as the country continues to fight the COVID-19 pandemic, which breeds various forms of VAW, especially online, with many spending their time in the digital realm. Click here to visit LANDBANK's GAD corner. #VAWFreePH
READ MOREState-run Land Bank of the Philippines’ (LANDBANK) quick and efficient market value assessment of properties has been contributing to speed up the completion of various infrastructure projects under the National Government’s flagship “Build Build Build” program. As of 31 October 2021, LANDBANK has completed the right-of-way appraisals of 19,214 properties nationwide as part of 142 infrastructure projects. Of which, 127 projects are being implemented by the Department of Public Works and Highways (DPWH) covering 7,075 lots, with the 15 remaining projects implemented by the Department of Transportation (DOTr) consisting of 2,565 lots and 9,574 structures or improvements. “LANDBANK fully supports the National Government’s ‘Build Build Build’ program by fast-tracking right-of-way acquisitions. We will continue to contribute to the country’s infrastructure agenda to drive our ongoing economic recovery, geared towards attracting foreign investments and creating more jobs,” said LANDBANK President and CEO Cecilia C. Borromeo. DPWH-implemented projects with properties appraised by LANDBANK include the NLEX-SLEX Connector Road in the City of Manila; the C5 Southlink Expressway in Parañaque City; the Pasig-Marikina River Channel Improvement Project Phase V in Quezon City, Marikina City and San Mateo, Rizal; the Meycauayan-Camalig-Bahay Pari Road Widening in Meycauayan, Bulacan; the Tagaytay Bypass Road in Cavite; and the Alicia-Malangas Road in Zamboanga Sibugay. LANDBANK also facilitated the right-of-way appraisals for DOTr’s North-South Commuter Railway Extension (NSCR-Ex) Project, which include five clusters in Pampanga and Bulacan, one cluster in the City of Manila, and five clusters in Laguna; as well as the Metro Manila Subway Project in Quezon City and Valenzuela City, among others. The Bank is currently conducting appraisals for 68 DPWH projects covering 2,513 lots, as well as four DOTr projects with 999 lots and 2,989 structures or improvements. LANDBANK’s technical assistance in conducting property appraisals for the National Government’s infrastructure projects is part of the Memoranda of Agreement signed with the DPWH on 14 October 2019 and with the DOTr on 28 October 2020, to expedite the acquisition of right-of-way claims. LANDBANK is one with the nation’s infrastructure development agenda towards advancing inclusive and sustainable economic recovery.
READ MOREThe Land Bank of the Philippines (LANDBANK) has partnered anew with the Department of Transportation (DOTr) and the Land Transportation Franchising and Regulatory Board (LTFRB) to grant public utility vehicle (PUV) operators fuel subsidy under the Pantawid Pasada Fuel Program. With a Program fund of P1 billion, the Bank will facilitate the crediting of a one-time subsidy of P7,200 per unit to Pantawid Pasada Fuel cards issued by LANDBANK. This is set to benefit 136,230 eligible PUV franchise holders nationwide. As of 29 November 2021, LANDBANK has credited the fuel subsidy to 83,216 existing Pantawid Pasada Fuel cards, amounting to P599.16 million. The Bank also targets to provide fuel cards to the remaining 53,014 qualified operators throughout the country. The PUV operators can use the Pantawid Pasada Fuel cards powered by LANDBANK to purchase fuel at participating petroleum outlets and gasoline stations. During the virtual launch of the Pantawid Pasada Fuel Program held on 24 November 2021, LANDBANK expressed its commitment to support PUV operators currently facing reduced ridership and the persistent rise of oil prices. “In close collaboration with the DOTr and LTFRB, LANDBANK is focused on the immediate delivery of fuel subsidy to PUV operators for their unhampered deployment. We are one with support interventions to advance the country’s transportation sector, and provide the riding public safe, convenient, and continued transport services in the new normal,” said LANDBANK President and CEO Cecilia C. Borromeo. The Pantawid Pasada Fuel Program builds on the existing Service Contracting Program of DOTr-LTFRB with LANDBANK, which provides cash assistance to PUV operators to offer free rides to frontline healthcare workers and the public affected by quarantine lockdowns. As of 29 November 2021, LANDBANK has delivered a total of P3.74 billion to 50,200 PUV drivers and 383 transport operators under the Service Contracting Program, since its launch in December last year as part of the Bayanihan to Recover as One Act. Meanwhile, for the second phase of the Service Contracting Program launched in September, LANDBANK has already disbursed a total of P2.01 billion to 389 operators of 5,753 PUVs nationwide.
READ MOREI. Qualifications ● The promo is exclusive to Mastercard® Credit, Debit, and Prepaid cards issued in the Philippines II. How to Avail 1. Using the Shopee mobile app, claim your shipping discount voucher from Mastercard on the promo landing page from Dec 8-15, 2021. Voucher will be added to your “My Vouchers” tab. 2. Select the items you wish to purchase. 3. Click on “Shopee Voucher” and select the shipping discount voucher from Mastercard. 4. Select “Credit/Debit card” as payment option and pay with your participating Mastercard Credit, Debit or Prepaid card. 5. Proceed to checkout by clicking the “Place Order” button. III. Terms and Conditions 1. Qualified Mastercard cardholders are entitled to avail of 100% off shipping fee capped at P100 with a minimum spend of P1,500. 2. Promo voucher is valid for eligible Shopee users during the promo duration. 3. Promo voucher can be claimed on the Mastercard 12.12 promo landing page from Dec 8-15, 2021. 4. Promo voucher redemption is valid for three-time use between Dec 8-15, 2021 only. 5. Applicable on Mastercard credit, debit, and prepaid card transactions only. 6. Promo voucher cannot be reapplied after a qualified order has been cancelled by the cardholder. 7. Promo voucher is valid for new and existing Shopee registered customers. 8. Promo voucher cannot be applied retroactively. 9. The offer cannot be exchanged for cash or other products. 10. Promo voucher is only valid on Preferred and Shopee Mall stores excluding products under the “Load, Bills, and eServices” category. 11. Promo voucher is valid on orders to be delivered via Shopee integrated couriers. 12. By joining this promo, the user confirms that he/she has read, understood, and agreed to the promo mechanics and its terms & conditions. 13. Shopee reserves the right to cancel transactions of accounts that are suspected to be invalid or fraudulent (i.e. abuse of system). 14. Shopee reserves the right to vary these terms & conditions with prior approval of DTI-FTEB. IV. Customer Support For any questions or clarifications, please contact Shopee’s Customer Service at (02) 88805200 or email support@shopee.ph. DTI Fair Trade Permit No. FTEB-129954 Series of 2021
READ MOREHOW TO AVAIL Via Lazada Mobile App 1. Download the Lazada app for free via App Store for Apple users or Google Play store for Android users. 2. Collect Shipping fee voucher from the Mastercard landing page on Lazada 3. Select the item/s you wish to purchase then click “Add to Cart”. Prepare your card details for the transaction 4. Click the Shopping Cart icon on the right, topmost portion of the screen to view all the items on your Shopping Cart. 5. Select the item/s and applicable shipping fee voucher prior to checking out. Once you have reviewed the items on your Shopping Cart, click “Check Out” 6. Make sure to check if the discount was applied to total billing before proceeding to check out. 7. Enter your shipping and billing information and select the credit card as payment method. Enter your Mastercard Credit/Debit/Prepaid Card details and make sure to check if the discount was applied to total billing before proceeding to place the order. 8. Click “Place Order” to complete the transaction. Terms and Conditions 1. Shipping discount can be used once throughout the valid promo period. 2. Shipping discount is applicable to all Mastercard Credit/Debit/Prepaid Cardholders. Maximum discount is P250 on shipping fee. 3. Shipping discount is applied automatically at the checkout only when the voucher has been successfully collected. 4. Shipping discount is not exchangeable for cash, credit or other goods and services. 5. Shipping discount amount cannot be applied retroactively. 6. Shipping discount is considered fully consumed regardless if total shipping fee is less than discount amount. 7. The use of the voucher is subject to the Lazada Voucher Terms and Conditions. 8. Applicable only to eligible credit card BINs and eligible items. 9. Voucher can be used with other collectible vouchers and voucher codes, except for platform shipping fee vouchers. CUSTOMER SUPPORT For questions or clarifications, please contact Lazada Customer Care by clicking the chat button at http://www.lazada.com.ph/contact. Terms and conditions apply. Per DTI Fair Trade Permit No. FTEB-126431 Series of 2021.
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 Tue, May 13, 2025
| UITF | NAVPU |
|---|---|
| Cash Management Fund | 1.560612 |
| Money Market Fund | 1.313231 |
| Money Market Plus Fund | 1.22568 |
| PERA Money Market Fund | 1.025194 |
| Medium-Term Bond Fund | 2.478377 |
| Bond Fund | 2.04027 |
| PERA Bond Fund | 1.208199 |
| Balanced Fund | 2.684491 |
| Growth Fund | 2.64122 |
| Alpha Equity Fund | 3.10956 |
| Blue Chip Equity Fund | 0.98487 |
| Equity Fund | 0.814516 |
| High Dividend Equity Fund | 1.030587 |
| US$ Money Market Fund | 1.433912 |
| Global $ Fund | 1.526909 |
