CALAYAN, Cagayan – The Land Bank of the Philippines (LANDBANK) approved a P200-million loan for the Municipal Government of Calayan to finance infrastructure projects for its development and recovery efforts, amid the ongoing health crisis. The local government acquired the financing under the LANDBANK RISE UP LGUs (Restoration and Invigoration Package for a Self-sufficient Economy towards UPgrowth for LGUs) Lending Program, designed to provide the funding requirements of provincial, city and municipal local government units (LGUs) for the implementation of their respective economic recovery plans. Part of the 15-year term loan will be used to put up a 270-square meter quarantine facility in Barangay Dadao that will expand the municipality’s healthcare capacity in a bid to reduce the spread of COVID-19. The 60-bed quarantine facility—which will feature individual partitions and lavatories—will replace schools currently being used as isolation areas for residents suspected or have tested positive for the virus. The facility is seen to enhance the comfort of patients while undergoing quarantine or treatment. “LANDBANK continues to provide for the recovery and development requirements of our partner LGUs in response to the pandemic. We are focused on ramping-up initiatives in support of building resiliency and revitalizing local communities,” said LANDBANK President and CEO Cecilia C. Borromeo. The LANDBANK loan will also cover the construction of a perimeter security fence for Calayan’s community airport, which facilitates the delivery of vaccines and relief goods to the island, as well as the transport of patients under critical condition. As part of Calayan’s development plan, the loan will also finance the concreting of the Babuyan Main Road and the routes connecting Caanawan to Kataruman, Dibay to Dilam, and Balatubat to Minabel, effectively doubling the Municipality’s concreted road network to 60% from the current 30%. The road project is expected to reduce travel time around the island and eliminate slippery dirt roads during the rainy season, making transport safer and more efficient for locals, which includes 1,250 local farmers regularly transporting their agricultural produce. The P200-M loan will also be used to finance the acquisition of a patrol boat and construction of the following facilities: six (6) classrooms in different schools, one (1) school administrative building, and a 100-meter bridge in Brgy. Naguilian to help farmers safely transport their produce across a creek. “Thank you to LANDBANK for being a reliable partner of LGUs in socioeconomic development and for providing us with the assistance we need for our projects, especially at this difficult time,” said Calayan Mayor Joseph M. Llopis. The state-run Bank has previously financed Calayan’s other development projects, which include the purchase of a ferry which safely transports passengers from island to island, the construction of the Calayan airport, and concreting of the municipality’s road network. As of 31 October 2021, LANDBANK has approved P94.03 billion in loans under the RISE UP LGUs Lending Program for 346 LGUs, including 45 cities, 35 provinces and 266 municipalities.
READ MOREI. Qualifications ● The promo is exclusive to Mastercard Credit, Debit, and Prepaid cards. II. How to Avail 1. Shop using the Shopee mobile app. 2. Select the items you wish to purchase and click “BUY NOW”. 3. To proceed with checkout, enter your e-mail address and shipping details. 4. Enter promo code “MCPAYDAY” upon checkout. 5. Click “Select payment method” and choose “Credit / Debit Card” as option. 6. Select or add your participating Mastercard credit, debit, or prepaid card and click “Confirm”. 7. Promo discount will be automatically applied to your purchase upon checkout. III. Terms and Conditions 1. Qualified Mastercard cardholders are entitled to avail of the promo discount from Shopee within the applicable promo period. 2. Promo discount is P150 off, with a minimum spend of P1,500. 3. Promo discount is valid for eligible Shopee users during the promo duration. 4. Promo discount is valid for one-time use on Dec 15, 2021. 5. Promo discount cannot be reapplied after a qualified order has been cancelled by the cardholder. 6. Promo discount is valid for new and existing Shopee registered customers. 7. Promo discount cannot be applied retroactively. 8. The offer cannot be exchanged for cash or other products. 9. Promo discounts are only valid on preferred and Shopee Mall stores excluding products under the “Load, Bills, and eServices” category. 10. Promo discount is valid on orders to be delivered via integrated couriers. 11. By joining this promo, the user confirms that he/she has read, understood, and agreed to the promo mechanics and its terms & conditions. 12. Shopee reserves the right to cancel transactions of accounts that are suspected to be invalid or fraudulent (i.e. abuse of system). 13. 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 MORE(left photo) Rizal Administrator Rafaelito V. Andres (right), Rizal Vice Mayor Bonifacio D. Soliven (left), and LANDBANK Central Luzon Branches Group Head, Senior Vice President Sylvia C. Lim (center) lead the opening of the LANDBANK Rizal NE Agri-Hub (right photo) located at Pinagpanaan-Pantabangan Junction, Poblacion Sur, Rizal, Nueva Ecija. RIZAL, Nueva Ecija – In line with its commitment to serve more farmers and fishers, the Land Bank of the Philippines (LANDBANK) opened its newest Agri-Hub in the Municipality of Rizal, Nueva Ecija—the first one in Central Luzon. The LANDBANK Rizal NE Agri-Hub is expected to provide financial and technical services to the Bank’s customers, including the more than 3,000 farmers and fishers from the municipalities of Rizal and Pantabangan. Located strategically in the top rice-producing provinces in the country, LANDBANK Agri-Hubs are designed to deliver accessible and reliable financial services to farmers nationwide. This forms part of the Bank’s thrust of responding to the developing needs of the agriculture sector, especially under the new normal. The LANDBANK Rizal NE Agri-Hub offers banking services such as account opening, withdrawals, and check encashments; lending services such as the processing of loan applications; and agrarian services such as processing of Agrarian Reform (AR) bonds and handling of agrarian-related concerns from landowners, bondholders, and agrarian reform beneficiaries (ARBs). Aside from agriculture stakeholders, the Rizal NE Agri-Hub will also service various national and local government offices, private establishments, as well as micro, small, and medium enterprises (MSMEs) in the area. It will also offer access to various digital banking platforms, including the Digital Onboarding System (DOBS) which simplifies the account opening process for new clients to only 10 to 15 minutes. Rizal Administrator Rafaelito V. Andres and LANDBANK Central Luzon Branches Group Head, Senior Vice President Sylvia C. Lim, led the inauguration of the LANDBANK Rizal NE Agri-Hub, alongside Pantabangan Mayor Roberto T. Agdipa and Rizal Vice Mayor Bonifacio D. Soliven on 29 November 2021. Located at Pinagpanaan-Pantabangan Junction, Poblacion Sur, Rizal, Nueva Ecija, the LANDBANK Rizal Agri-Hub is headed by Bessie Grace M. Lazaro under the supervision of San Jose NE Branch Head, Manager Eva B. Gomez. The Rizal NE Agri-Hub is the 6th to open nationwide, bringing LANDBANK’s physical network to 412 branches and 69 branch-lite units, with presence in all 81 provinces in the country. The five other LANDBANK Agri-Hubs are situated in Calabanga, Camarines Sur; Barotac Viejo, Iloilo; Sual, Pangasinan; Echague, Isabela and Sta. Maria, Ilocos Sur. LANDBANK targets to open four more Agri-Hubs within the year, located in Bago City, Negros Occidental; Ubay, Bohol; Baggao, Cagayan; and Candaba, Pampanga. LANDBANK continues to expand its physical touchpoints to better serve the banking needs of customers across the country, especially in unbanked and underserved areas.
READ MOREState-run Land Bank of the Philippines (LANDBANK) expressed its continuous support for the Bureau of Internal Revenue’s (BIR) tax collection modernization efforts, as the Bureau launched a renewed campaign to enhance taxpayer services to be more accessible, secure, and convenient. Alongside the United States Agency for International Development (USAID) and other financial institutions, LANDBANK joined the BIR’s “Taxpayer FIRST” initiative, which stands for Fast, Innovative, Reliable, Secure, and Technology-driven developments to drive better tax administration. Prior to the campaign launch on 10 December 2021, LANDBANK has already been providing taxpayers with a safe, reliable, and efficient online payment solution to conveniently pay their taxes through its Link.BizPortal facility. “The LANDBANK Link.BizPortal fits BIR’s ‘Taxpayer FIRST’ campaign as it offers fast payment transactions; provides an innovative and cashless solution; round-the-clock reliability and accessibility; secure and real-time processing; and the latest technology to facilitate transactions via computers and mobile devices,” said LANDBANK President and CEO Cecilia C Borromeo. The Link.BizPortal allows customers to pay tax liabilities online via the BIR or LANDBANK websites, thereby eliminating the need to wait in line at BIR regional and district offices. The Bank also underscored the sustained increase in the usage of the Link.BizPortal for tax payments, from recording 6,466 transactions in 2017 to 399,597 in 2020. For the first 10 months of 2021, the LANDBANK Link.BizPortal has successfully facilitated 530,546 tax payment transactions amounting to P1.3 billion, representing increases of 65% and 78%, respectively, compared to the same period last year. Aside from tax payments, the LANDBANK Link.BizPortal also allows individuals and institutional customers to pay for various products and services online for over 800 enrolled partner-merchants nationwide. From January to October 2021, the Link.BizPortal has facilitated a total of 3.26 million transactions worth P8.38 billion, for 90% and 22% growth rates year-on-year, respectively. The upsurge is consistent across LANDBANK’s major electronic channels, which have collectively recorded a 54% rise in value, totaling an unprecedented P1.88 trillion. LANDBANK’s digital banking platforms promote efficient payment systems in support of the National Government’s Ease of Doing Business initiative.
READ MOREIn partnership with the Cooperative Development Authority (CDA), the Land Bank of the Philippines (LANDBANK) is holding financial literacy trainings to small and micro cooperatives from unbanked and underserved municipalities to aid their recovery under the new normal. Through the Financial Inclusion Through Cooperatives (FIT-Coop) Program, LANDBANK is capacitating small and micro cooperatives to enhance their business operations while linking them to appropriate government agencies for the improvement of their services. For the first 10 months of the year, LANDBANK—through the LANDBANK Countryside Development Foundation, Inc. (LCDFI)—has conducted nine financial literacy trainings for 18 cooperatives with 193 members from nine unbanked municipalities nationwide. “Technical assistance forms part of LANDBANK’s holistic support in service of small and micro cooperatives, especially in unbanked and underserved areas in the country. Together with the CDA, we are focused on building the resiliency of our partner-cooperatives to spur economic activity and fast-track our collective recovery,” said LANDBANK President and CEO Cecilia C. Borromeo. Through the FIT-COOP Program, LANDBANK and CDA also conducted an online survey early this year to identify the specific training needs and challenges faced by small and micro cooperatives in their daily operations. Results from Central Visayas and Caraga regions showed that recurring constraints for cooperatives include slow internet access, lack of potable water systems, and difficult road conditions, among others. To help address these issues, the results of the survey were coordinated with appropriate government agencies for possible development interventions and support.
READ MOREThe stockholders of the United Coconut Planters Bank (UCPB) have approved the merger plan with the Land Bank of the Philippines (LANDBANK), effectively advancing the ongoing fusion of the two government banks into a unified and stronger institution for promoting inclusive and sustainable development. Shareholders representing 97.2% of the total outstanding capital stock of UCPB voted in favor of the Plan of Merger and Articles of Merger between UCPB and LANDBANK during the UCPB stockholders meeting held on 14 December 2021. As the surviving entity of the merger, LANDBANK’s total assets will grow to close to P3.0 trillion, further solidifying its position as the country’s second-largest bank in terms of assets. As of the first nine months of the year, LANDBANK’s net income grew by 21.2% to P16.72 billion from P13.8 billion in the same period last year, raising total assets by 13.6% to P2.564 trillion from P2.257 trillion. The Bank’s capital also rose by 25.77% to P208.17 billion from P165.52 billion year-on-year. LANDBANK has also consistently complied with the Agri-Agra Law, with the Bank's agriculture loans reaching 76.95% of its total lending portfolio and 11.52% for agrarian reform credit as of December 2020. Coconut farmers and other workers in the agricultural sector stand to benefit most from LANDBANK's enhanced financial muscle, as evidenced by the Bank's consistently growing agriculture lending from P222.05 billion in 2018, to P236.31 billion in 2019, and P237.62 billion in 2020. Customers of LANDBANK and UCPB will also gain access to a wider branch and ATM network, with a combined 667 branches and 2,722 ATMs nationwide, and benefit from a wider range of products and services. “With this merger, we are looking forward to a stronger, more resilient and unified banking institution that will promote and broaden financial inclusion among Filipinos, especially those who belong to the underserved and unbanked sectors,” said LANDBANK President and CEO Cecilia C. Borromeo. LANDBANK also reiterated that it is more than capable of absorbing the financial impact of the merger with UCPB, as its assets and liabilities will similarly expand total deposits, loans, and capital. Meanwhile, LANDBANK assured the customers of both banks that deposits will remain intact and secured in their current servicing branches, as banking services will continue to be unhampered and uninterrupted, while ensuring that the rights of all shareholders are upheld and protected. The merger between LANDBANK and UCPB is pursuant to Executive Order No. 142 signed by President Rodrigo Duterte on 25 June 2021, which approved the merger to form a better capitalized and more resilient institution that will play a principal role in the National Government’s development and financial inclusion agenda.
READ MOREI. Qualifications ● The promo is exclusive to Mastercard Credit, Debit, and Prepaid cards. II. How to Avail 1. Shop using the Shopee mobile app. 2. Select the items you wish to purchase and click “BUY NOW”. 3. To proceed with checkout, enter your e-mail address and shipping details. 4. Enter promo code “MCPAYDAY” upon checkout. 5. Click “Select payment method” and choose “Credit / Debit Card” as option. 6. Select or add your participating Mastercard credit, debit, or prepaid card and click “Confirm”. 7. Promo discount will be automatically applied to your purchase upon checkout. III. Terms and Conditions 1. Qualified Mastercard cardholders are entitled to avail of the promo discount from Shopee within the applicable promo period. 2. Promo discount is P150 off, with a minimum spend of P1,500. 3. Promo discount is valid for eligible Shopee users during the promo duration. 4. Promo discount is valid for one-time use on Dec 30, 2021. 5. Promo discount cannot be reapplied after a qualified order has been cancelled by the cardholder. 6. Promo discount is valid for new and existing Shopee registered customers. 7. Promo discount cannot be applied retroactively. 8. The offer cannot be exchanged for cash or other products. 9. Promo discounts are only valid on preferred and Shopee Mall stores excluding products under the “Load, Bills, and eServices” category. 10. Promo discount is valid on orders to be delivered via integrated couriers. 11. By joining this promo, the user confirms that he/she has read, understood, and agreed to the promo mechanics and its terms & conditions. 12. Shopee reserves the right to cancel transactions of accounts that are suspected to be invalid or fraudulent (i.e. abuse of system). 13. 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 MOREWith consumers expected to do millions of pesos worth of shopping online this holiday season, the Land Bank of the Philippines (LANDBANK) advises its customers to remain vigilant against online banking fraud and assures that the Bank maintains the highest level of security in all its systems. “As online shopping becomes a more prudent option to limit physical contact during this season, we would like to remind our customers to be on their guard against different forms of cyber fraud. The best way to avoid becoming a fraud victim is to stay vigilant by being familiar with the online red flags,” said President and CEO Cecilia C. Borromeo. The state-run Bank warns customers to ignore suspicious emails, social media messages, SMS, links and attachments, especially from unknown senders. It also reminds customers to be wary of fake websites, social media accounts and fraudulent transactions by checking and verifying the site’s URL, the sender’s email address, social media account, or phone number. Customers are advised not to share their username or log-in ID and password to anyone, and keep critical financial information private, including the card number, card expiry date, credit verification value (CVV), and one-time password (OTP). Official LANDBANK representatives will never ask for critical financial information of its customers. Specific to raising awareness on phishing activities, customers are also advised to be wary of emails, text messages, and websites offering free perks or games in exchange for personal information, which are designed to steal customer’s hard-earned money and identity. For specific tips on spotting phishing scams, please refer to this short video from the Information Security Officers Group (ISOG): (https://www.youtube.com/watch?v=y9fvBsOcEvE). LANDBANK said reminders and best practices to avoid cyber fraud are also being posted regularly on its social media channels. These include tips on spotting cyberattacks, preventing different forms of phishing, and keeping online credentials confidential, among others. The state-run Bank also reminds customers that the official email addresses of LANDBANK’s Customer Care and iAccess are customercare@mail.landbank.com and lbpiaccess@mail.landbank.com, respectively. The Bank’s official URL is www.landbank.com. To report fraudulent activities, LANDBANK customers may contact the Bank’s Customer Care Hotline through (02) 8-405-7000 or 1-800-10-405-7000, or via email at customercare@mail.landbank.com.
READ MOREState-owned Land Bank of the Philippines (LANDBANK) has allocated P20.9 million-worth of financial support for the quick recovery of 195 local government units (LGUs) from the onslaught of typhoon Odette. Of the P20.9 million financial aid, the Bank has set aside P200,000 each for affected provinces, as well as P150,000 and P100,000 each for cities and municipalities, respectively. “LANDBANK is exerting all efforts to extend immediate assistance to communities significantly affected by Typhoon Odette. Apart from ensuring cash availability and accessibility in these areas, we are also contributing to ramp-up relief and recovery interventions through our LGU partners,” said LANDBANK President and CEO Cecilia C. Borromeo. Among the LGUs who have already received LANDBANK’s financial assistance include the Province of Southern Leyte; City of Maasin and Municipalities of Malitbog and Padre Burgos in Southern Leyte; and the Municipalities of Hilongos and Matalom in Leyte. Donations have also been turned over to the City of Mandaue in Cebu; City of Bais in Negros Oriental; Municipality of Tubigon in Bohol; Municipality of Jordan in Guimaras; Municipality of Hinoba-an in Negros Occidental; Municipalities of Bataraza, Brooke’s Point and Coron in Palawan; and the Municipalities of Claver and Gigaquit in Surigao del Norte. On top of its financial donation to LGUs, LANDBANK has also re-activated its LANDBANK AMBAG System (Alternative Mechanism of Benevolent Assistance for the Greater good), which is a cash donation campaign for the Bank’s employees and communities significantly affected by typhoon Odette. Majority of LANDBANK branches and automated teller machines (ATMs) remain available to service the urgent banking needs of customers from affected areas. The Bank has also been working full-time to restore the availability of all its touchpoints affected by the typhoon at the soonest possible time.
READ MORE(left photo) Candaba Mayor Rene E. Maglanque (left), Candaba Vice Mayor Michael Dan V. Sagum (right), and LANDBANK Central Luzon Branches Group Head, Senior Vice President Sylvia C. Lim (center) lead the opening of the LANDBANK Candaba, Pampanga Agri-Hub (right photo) located at Candaba-Sta. Ana Road, Pasig, Candaba, Pampanga. The LANDBANK Echague Agri-Hub at Echague-Poblacion Road, San Fabian, Echague, Isabela, officially opens with LANDBANK North Luzon Branches Group Head, Senior Vice President Mabel T. Turla (5th from right), Echague Agri-Hub Head Ms. Josephine A. Lorenzo (rightmost), and the Sangguniang Bayan (SB) Members of Echague leading the inauguration. Land Bank of the Philippines (LANDBANK) capped-off 2021 with the inauguration of its two Agri-Hubs located in Candaba, Pampanga, and Echague, Isabela, as part of the Bank’s commitment to bring financial services closer to more farmers and fishers in the country’s top rice-producing provinces. The LANDBANK Candaba Agri-Hub is expected to provide banking, lending and agrarian services to local development players, including 22,011 farmers from Candaba’s 33 barangays including the adjacent towns of San Luis, Sta. Ana, and Arayat. As part of the Bank’s continuing thrust of expanding touchpoints in key strategic areas nationwide, the newest Agri-Hub will also complement seven existing LANDBANK Branches and 50 ATMs in Pampanga. Candaba Mayor Rene E. Maglanque, Vice Mayor Michael Dan V. Sagum, and LANDBANK Central Luzon Branches Group Head, Senior Vice President Sylvia C. Lim led the inauguration of the LANDBANK Candaba Agri-Hub on 28 December 2021. “I know that the construction and opening of LANDBANK Candaba Agri-Hub will attract more investors to our Municipality because we now have a credible bank. We are now one step closer to the realization of our development plans because of LANDBANK,” said Mayor Maglanque. Located at the LGU Government Center, Candaba-Sta. Ana Road, Pasig, Candaba, Pampanga, the LANDBANK Candaba Agri-Hub is the seventh to open nationwide. Meanwhile, the LANDBANK Echague Agri-Hub is the first Agri-Hub in the province of Isabela and eighth in the country, located at Echague-Poblacion Road, San Fabian, Echague, Isabela. Initially opened on 29 December 2020, the LANDBANK Echague Agri-Hub provides financial and technical services, with a stronger focus on supporting more than 4,000 farmers and fisherfolk in the Municipality of Echague and other nearby municipalities. Aside from agriculture stakeholders, the Echague Agri-Hub also services various national and local government offices, private establishments, as well as micro, small, and medium enterprises (MSMEs) in the area. The LANDBANK Echague Agri-Hub was officially inaugurated on 29 December 2021 led by LANDBANK North Luzon Branches Group Head, Senior Vice President Ma. Belma T. Turla with support from local Sangguniang Bayan Members. LANDBANK Agri-Hubs offer banking services such as account opening, withdrawals, and check encashments; lending services such as the processing of loan applications; and agrarian services such as processing of Agrarian Reform (AR) bonds and handling of agrarian-related concerns from landowners, bondholders, and agrarian reform beneficiaries (ARBs). The newly opened touchpoints raise the total Agri-Hubs in the country to eight, with the six other LANDBANK Agri-Hubs situated in Calabanga, Camarines Sur; Barotac Viejo, Iloilo; Sual, Pangasinan; Echague, Isabela; Sta. Maria, Ilocos Sur; and Rizal, Nueva Ecija. LANDBANK has grown its physical network to 412 branches and 71 branch-lite units as of end-2021—the only Bank with presence in all 81 provinces in the country. LANDBANK continues to expand its physical touchpoints to better serve the banking needs of customers across the country, especially in unbanked and underserved areas.
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 |
