The Land Bank of the Philippines (LANDBANK) announced that the combined value facilitated by its six major electronic channels reached P2.45 trillion in 2021—a 46% hike from the previous year—while volume of transactions grew by 19% to 136.3 million. LANDBANK President and CEO Cecilia C. Borromeo credited this growth to the expanding adoption of the Bank’s digital services and marks another milestone in LANDBANK’s ongoing digital transformation. “LANDBANK is leveraging on the latest technological solutions to deliver a digital banking experience designed for the new normal. We will continue to bank on digital infrastructures as we push for greater digital adoption and advance financial inclusion in the country,” said President Borromeo. The LANDBANK Mobile Banking App (MBA) recorded 103.8 million transactions worth P172.39 billion last year, representing upsurges of 44% and 103%, respectively, from the previous year. The Bank’s e-payment facility, Link.BizPortal, facilitated around 3.88 million transactions equivalent to an 83% increase, corresponding to a total value of P10.45 billion or a 31% growth rate. The LANDBANK weAccess—the Bank’s institutional internet banking platform—recorded 20.9 million transactions worth nearly P489 million for increases of 29% and 24%, respectively. The Bank also logged a 30% jump in value via its iAccess internet retail banking channel, reaching P15.40 billion compared to P11.87 billion in 2020. The LANDBANK Bulk Credit System (LBCS) also posted unprecedented annual growths of 105% and 1181% for volume and value, respectively. Lastly, the LANDBANK Electronic Modified Disbursement System (eMDS) for national government agency partners posted increases of 20.9 million or 29% more transactions, and a total P488.98 billion or 24% rise in value. With the continuous increase in the use of e-banking channels, the state-run Bank assures its customers that it maintains the highest level of security in all its systems while reminding customers to remain vigilant against online banking fraud and scams.
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READ MOREThe Land Bank of the Philippines (LANDBANK) has recorded a total of 2.12 million accounts opened online through its award-winning Digital Onboarding System (DOBS) as of end-December 2021, driven by the continued rise in demand for safer digital banking services. “This new DOBS milestone underscores LANDBANK’s steadfast commitment to deliver accessible and innovative digital solutions as we respond to the changing times. This is also a testament to the Bank’s dedication to balance service delivery while ensuring the health and safety of our customers,” said LANDBANK President and CEO Cecilia C. Borromeo. Since its launch in November 2018, the LANDBANK DOBS has helped simplify the account enrolment process and reduced the account opening time of customers from 45 minutes to just 10-15 minutes. LANDBANK also launched last year the DOBS Mobile as a feature of its Mobile Banking App (MBA), which allows customers to open a LANDBANK savings account using their mobile phone without the need to go to a LANDBANK branch. Accounts opened through DOBS are automatically enrolled in LANDBANK’s array of e-banking channels, such as the LANDBANK iAccess and Mobile Banking App that facilitate simple digital banking transactions. LANDBANK account holders can also update their information as well as open a payroll account through the DOBS. The LANDBANK DOBS was cited as a pioneering web application among universal banks in the Philippines. It was awarded with a Merit Award for Technology Development by the Association of Development Financing Institutions in Asia and the Pacific (ADFIAP) Development Awards. The DOBS is accessible through LANDBANK’s official website (www.landbank.com) or through the Digital Corner of selected LANDBANK branches dedicated for walk-in clients, while the DOBS Mobile can be accessed through the LANDBANK MBA.
READ MORELand Bank of the Philippines (LANDBANK) joins the Philippine Commission on Women (PCW) in celebrating National Women's Month 2022 this March. This year's theme, "Agenda ng Kababaihan, Tungo sa Kaunlaran," focuses on bringing the country closer to narrowing the gender gaps and moving towards sustainable and equitable development. #ServingTheNation #BankingOnTheFilipinoSpirit #NWM2022
READ MORELand Bank of the Philippines was awarded with Best Lending Platform – Philippines 2021 by theInternational Finance Awards for the Bank's lending programs that help alleviate the impact of the COVID-19 pandemic.
READ MORELand Bank of the Philippines was awarded with Outstanding Development Project Awards in 2021, under the Category 7-Local Economic Development by the Association of Development Financing Institutions in Asia and the Pacific for the Bank's RISE UP & I-RESCUE Lending Programs.
READ MORELand Bank of the Philippines was awarded with Top Taxpayer of the City of Manila by the City Government of Manila during the 2021 Araw ng Maynila celebration.
READ MORELand Bank of the Philippines was awarded with the Innovative Company / Sustainability Company by the Asia CEO Awards.
READ MOREThe Land Bank of the Philippines (LANDBANK) has approved more than P100 billion in loans for 365 local government units (LGUs) nationwide as of end-January 2022. The substantial financial assistance to LGUs is in line with the Bank’s commitment to hasten the revival of local economies and communities affected by the pandemic. Under its RISE-UP LGUs (Restoration and Invigoration package for a Self-Sufficient Economy towards UPgrowth for LGUs) Lending Program, LANDBANK extends loans to provincial, city, and municipal governments to finance COVID-19 response and recovery intervention projects. Eligible projects allowed under the RISE UP LGUs include the purchase of agricultural produce, acquisition of equipment and construction of facilities to link products to the market, including other programs and projects of the LGU that provide basic and support services, social welfare, healthcare, and other infrastructure activities. Since its launch in July 2020, the Program has gained wide acceptance by LGUs that the state-run bank has increased its fund allocation to P150 billion—15 times more than the P10-billion initial fund—to accommodate the needs of more LGUs. “Together with our local government partners, LANDBANK remains at the forefront of delivering essential services for the Filipino people and the nation at large. LANDBANK is the biggest development partner of the LGU sector, with all provinces, cities, and municipalities now maintaining deposit accounts with LANDBANK,” said LANDBANK President and CEO Cecilia C. Borromeo. LANDBANK is encouraging LGUs to promptly draw on their approved and enrolled loans under the RISE UP LGUs Lending Program and take advantage of the interest subsidy. Interested LGUs may contact the nearest LANDBANK Lending Center or Branch nationwide, or call LANDBANK’s customer service at (02) 8-405-7000 or at PLDT Domestic Toll Free 1-800-10-405-7000.
READ MOREThe Land Bank of the Philippines (LANDBANK) has approved loans totaling P30.96 billion as of end-January 2022 to help cooperatives and local businesses recover from the impact of the COVID-19 pandemic. Through the I-RESCUE (Interim REhabilitation Support to Cushion Unfavorably affected Enterprises by COVID-19) Lending Program, LANDBANK has supported a total of 687 borrowers, composed of 462 micro, small and medium enterprises (MSMEs), 115 cooperatives, 105 large enterprises, and five (5) microfinance institutions (MFIs). “LANDBANK recognizes the crucial role of local businesses to ramp-up the country’s ongoing economic recovery. We will continue to provide timely and accessible credit assistance to serve their financial requirements amid the pandemic and beyond,” said LANDBANK President and CEO Cecilia C. Borromeo. Launched in April 2020 at the height of quarantine restrictions to stem the rising COVID-19 infections, the I-RESCUE Lending Program aims to provide credit and loan restructuring assistance to businesses adversely affected by the pandemic, under more flexible terms and conditions. Under the Program, eligible borrowers may loan up to 85% of their emergency or permanent working capital requirements, with an affordable interest rate of 5% per annum for three (3) years, subject to annual re-pricing thereafter, and payable up to 10 years with a maximum of two (2) years grace period on the principal repayment. The Program also offers a sub-credit facility for MSMEs and cooperatives, as well as self-employed individuals duly registered with the Department of Trade and Industry (DTI) and the Securities and Exchange Commission (SEC), classified to be critically affected by the pandemic. The LANDBANK I-RESCUE Lending Program is available until December 31, 2022. Interested borrowers may contact the nearest LANDBANK Lending Center or Branch nationwide or call LANDBANK’s customer service hotline at (02) 8-405-7000 or at PLDT Domestic Toll Free 1-800-10-405-7000.
READ MOREAs of Wed, May 7, 2025
| Buying | Selling | |
|---|---|---|
| USD | 55.05 | 55.7 |
| JPY | 0.381072 | 0.396918 |
| EUR | 61.736134 | 64.309159 |
| GBP | 72.623398 | 75.65018 |
| HKD | 7.075942 | 7.625052 |
As of Tue, May 6, 2025
| UITF | NAVPU |
|---|---|
| Cash Management Fund | 1.559179 |
| Money Market Fund | 1.312307 |
| Money Market Plus Fund | 1.224469 |
| PERA Money Market Fund | 1.02467 |
| Medium-Term Bond Fund | 2.474187 |
| Bond Fund | 2.028696 |
| PERA Bond Fund | 1.202463 |
| Balanced Fund | 2.639184 |
| Growth Fund | 2.610484 |
| Alpha Equity Fund | 3.055864 |
| Blue Chip Equity Fund | 0.974236 |
| Equity Fund | 0.799039 |
| High Dividend Equity Fund | 1.018032 |
| US$ Money Market Fund | 1.433282 |
| Global $ Fund | 1.521209 |
