(front) LANDBANK President and CEO Lynette V. Ortiz (right) and ACEN President and CEO Eric Francia (left) lead the signing of a P20-Billion loan agreement to fund ACEN’s general corporate requirements and investments in renewable energy projects on 29 November 2023 in Makati City. Joining them (from L-R) are ACEN Chief Finance and Compliance Officer Maria Corazon Dizon, Treasurer Cecile Cruzabra, and Head of Corporate Finance Juan Martin Syquia, alongside LANDBANK Senior Vice Presidents Lucila E. Tesorero and Ma. Celeste A. Burgos. MAKATI CITY – The Land Bank of the Philippines (LANDBANK) approved a P20-billion loan to ACEN CORPORATION (ACEN)—the listed energy platform of the Ayala Group—in support of the National Government’s thrust to expand the country’s mix of renewable energy. The LANDBANK loan will partially finance ACEN’s general corporate requirements and investments in renewable energy projects, which are aligned with the government’s target under the National Renewable Energy Program to increase the share of renewable energy in the country’s power generation mix from the current 22% to 35% by 2030. LANDBANK President and CEO Lynette V. Ortiz and ACEN President and CEO Eric Francia formalized the loan agreement on 29 November 2023 at the Ayala Triangle Gardens, Makati City. They were joined by ACEN Corporation Chief Finance and Compliance Officer Maria Corazon Dizon, Treasurer Cecile Cruzabra and Head of Corporate Finance Juan Martin Syquia, alongside LANDBANK Senior Vice Presidents Ma. Celeste A. Burgos and Lucila E. Tesorero. “LANDBANK is proud to collaborate with ACEN, as we continue to build strategic partnerships to address the impact of global warming and climate change in the country. More than just a loan agreement, we see this partnership as an important step that supports the greening of our energy sector,” said LANDBANK President Ortiz. ACEN has ~4,500 MW of attributable capacity from its owned facilities in the Philippines, Australia, Vietnam, Indonesia and India, with a renewable share of 98%, which is among the highest in the region. This year, ACEN allocated up to P50 billion to continue growing its renewable energy portfolio. LANDBANK’s loan to ACEN underscores the Bank’s thrust of promoting sustainable finance and environmental protection, while funding key economic development sectors to help address the consequences of climate change.
READ MORE(top photo) LANDBANK President and CEO Lynette V. Ortiz (middle) leads the onboarding of Hinigaran Multi-Purpose Cooperative (HMPC) and Guimaras Employees Multi-Purpose Cooperative (GEMPC) as new LANDBANKasama Partners in Western Visayas alongside other LANDBANK officials and officers on 7 December 2023 at the Iloilo Provincial Capitol, Iloilo City. (bottom-left photo) Department of Social Welfare and Development (DSWD) Assistant Regional Director Joselito G. Estember (middle) and other DSWD officers and staff join the rollout, where (bottom-right photo) beneficiaries of the Conditional Cash Transfer (CCT) Program successfully withdraw funds conveniently as assisted by LANDBANKasama Partners. ILOILO CITY – In stride with extending greater financial access to Western Visayans, the Land Bank of the Philippines (LANDBANK) onboarded two new LANDBANKasama Partners on 7 December 2023 at the Iloilo Provincial Capitol, Iloilo City. Under the LANDBANKasama Program, the state-run Bank is partnering with client cooperatives, associations, rural banks, local government units (LGUs), micro, small and medium enterprises (MSMEs), and private entities to help provide basic banking services on behalf of the Bank to areas with limited or no accessible banks. The new LANDBANKasama Partners – Hinigaran Multi-Purpose Cooperative (HMPC) and Guimaras Employees Multi-Purpose Cooperative (GEMPC) – will enable Western Visayans to enjoy convenient banking services without having to travel long distances to other towns to transact at the nearest LANDBANK branch. "Through LANDBANKasama, we are leveraging the power of digital banking and strategic local partnerships to provide basic banking services to remote, underserved, and unbanked communities nationwide. We look to advance greater financial access to clients and stakeholders who need our services the most," said LANDBANK President and CEO Lynette V. Ortiz. President Ortiz led the LANDBANKasama rollout with Provincial Government of Iloilo Vice Governor Christine S. Garin and Administrator Dr. Raul N. Banias, and Department of Social Welfare and Development (DSWD) Assistant Regional Director Joselito G. Estember. They were joined by new LANDBANKasama Partners represented by HMPC Project Manager Happy Elaine G. Aguilar and GEMPC Manager Raymundo Lao, alongside LANDBANK Director Nancy D. Irlanda, and First Vice Presidents Vivian M. Cañonero and Ma. Elenita N. Manucom, among other local and LANDBANKasama Partners. The HMPC touchpoint located at San Agustin Heights, Brgy. Narauis, Hinigaran, Negros Occidental, will help serve the banking requirements of all 24 barangays and nearby municipalities of Isabela and Pontevedra. Meanwhile, the GEMPC partner at San Miguel, Jordan, is expected to bring financial access closer to all of the five municipalities of Guimaras, namely Buenavista, Jordan, Nueva Valencia, San Lorenzo, and Sibunag. Financial inclusivity through innovative partnerships LANDBANKasama is a rebrand of the Bank’s Agent Banking Program (ABP), called as such to better captures the goals of the Program to create strategic points of banking access and promote collaboration towards expanding financial inclusion. LANDBANKasama Partners offer various services including cash withdrawal, cash deposit, fund transfer, bills payment, and balance inquiry, and benefit beneficiaries of the Conditional Cash Transfer (CCT) program of the DSWD, as well as government employees, teachers, students, and other private clients in the area. Aside from LANDBANK prepaid accounts, LANDBANKasama also now allows clients to make transactions using their LANDBANK savings accounts. The Program also seeks to empower and benefit customers through lower transaction costs, and enable potential savings on travel and associated expenses for clients located outside of municipal or city centers. With the onboarding of the two partner cooperatives, LANDBANK has a network of 1,086 LANDBANKasama Partners nationwide, 129 of which are in the Western Visayas Region. LANDBANK remains steadfast with its commitment to deliver innovative and inclusive financial services to all Filipinos, extending its reach to serve even the most remote communities nationwide.
READ MOREThe Land Bank of the Philippines (LANDBANK) contributed P7 billion in sales to the country’s first-ever Tokenized Treasury Bonds (TTBs) issuance of the Bureau of the Treasury (BTr), in support of the National Government’s push for a financially inclusive domestic capital market. LANDBANK was lead Issue Manager with the Development Bank of the Philippines (DBP) for the maiden offering of TTBs and brought half of the total issued size of P15 billion. The TTBs are fixed-income government securities that are stored as digital tokens in the digital wallets of investors. It is supported by a dual registry structure where the National Registry of Scripless Securities (NRoSS) operates in parallel with a Distributed Ledger Technology (DLT)-based registry through blockchain technology. “The Tokenized Treasury Bonds exemplifies a forward-looking approach in promoting accessibility, convenience, efficiency, and transparency towards enhancing the overall investor experience. With the adoption of blockchain technology, we are also ensuring the integrity of transactions while providing investors with an increased level of trust and security,” said LANDBANK President and CEO Lynette V. Ortiz. The maiden issuance of TTBs was made available to qualified institutional buyers in minimum denominations of P10 million and increments of P1 million thereafter. These one-year peso-denominated bonds fetched a coupon rate of 6.50% per annum, payable every six months until maturity in November 2024. The tokenization of treasury bonds demonstrates the National Government’s vision of democratizing access to government securities by streamlining settlement procedures and minimizing friction costs. Following the successful debut, the BTr is looking to extend tokenized bonds to Filipino retail investors. LANDBANK remains committed to supporting the National Government’s bond offerings, as part of its efforts to promote greater financial inclusion and broader participation in the bond market.
READ MORELAZADA’S 12.12 SALE | PROMO MECHANICS Promo Period: December 12 – 16, 2023 OFFER: 15% OFF capped at P500, min spend P1,000 Qualified Cards: LANDBANK and OFBank Visa Debit Cards Enjoy 15% OFF capped at P500 on purchases made on Lazada with your LANDBANK and OFBank Debit Card and use the voucher code 12LBPLZD. Min spend of PHP 1,000 is required. Discount code is valid for 3x use during the promo period on Lazada’s mobile app. Applicable to new & existing Lazada users. Discount value redeemable at Lazada from December 12 – 16, 2023. Discount will apply when the voucher is entered at the Payment Page and the LANDBANK and OFBank Debit Card is selected as the payment option. Customer must check if discount amount is applied before proceeding to final check-out. TERMS AND CONDITIONS: Minimum spend applies to the total amount in cart prior to any discounts. Discount is applicable to all LANDBANK and OFBank Debit Cards. Discount is applied automatically at the checkout only when the voucher code has been successfully applied on the order. Discount is not exchangeable for cash, credit or other goods and services. Discount amount cannot be applied retroactively. Discount is not applicable to items marked “Voucher code not applicable on this item”. All cancelled orders will not be valid for re-instatement of voucher codes. Applicable only to eligible prepaid card BINs and eligible items. Payment codes cannot be used with other static code discount vouchers. The use of the voucher is subject to the Lazada Voucher Terms and Conditions. Discount is not applicable to digital goods, stores with digital goods product/s, milk products for 3 years old below (under the Milk Code) and other goods from blacklisted sellers set by Lazada. CUSTOMER SUPPORT For questions or clarifications, please contact Lazada Customer Care by clicking the chat button at http://www.lazada.com.ph/contact.
READ MOREPROMO MECHANICS Get 20% off when you purchase minimum of PHP 15,000 worth of ROCKPORT products using Mastercard. The Rockport story is one built on invention and innovation. It is a story of combining casual shoe designs with innovative performance technologies. Rockport shoes have run the New York City Marathon, climbed Mt. Kilimanjaro, and sailed around the world. Our company’s reputation has been built on footwear that delivers on making style comfortable for the metropolitan professional – and that’s a promise our consumers have come to rely upon. For over 50 years we’ve relentlessly pursued the promise of making people’s lives better through our commitment to style made comfortable. Simply put, Rockport’s design innovations allow our consumers to do more, be more, live more. ROCKPORT Terms & Conditions Offer cannot be availed in conjunction with any other promotion. Offer cannot be availed on marked down items. Offer is only applicable to non-discounted items. Cardholders to use their Mastercard branded cards to avail the offer. Click here: Mastercard General Terms and Conditions DTI Permit: FTEB-159881 Series of 2023
READ MORELANDBANK President and CEO Lynette V. Ortiz (3rd from left) and PDIC President Roberto B. Tan (2nd from left) lead the signing of the IRR and Data Sharing Agreement for the issuance of LANDBANK VISA Debit Cards to deposit insurance claimants of closed bank depositors, witnessed by PDIC Vice President Adalzon P. Banogon (leftmost) and LANDBANK Executive Vice President Liduvino S. Geron (rightmost). To expedite the disbursement of insurance claims, the Land Bank of the Philippines (LANDBANK) and the Philippine Deposit Insurance Corporation (PDIC) have partnered to provide LANDBANK accounts to Deposit Insurance Claimants (DICs) affected by bank closures. LANDBANK and PDIC signed the Implementing Rules and Regulations (IRR) and Data Sharing Agreement on 23 November 2023 in Makati City for the issuance of LANDBANK VISA Debit Cards to deposit insurance claimants of closed bank depositors. The partnership was formalized by LANDBANK President and CEO Lynette V. Ortiz and PDIC President Roberto B. Tan, with LANDBANK Executive Vice President Liduvino S. Geron and PDIC Vice President Adalzon P. Banogon as witnesses. "LANDBANK is one with PDIC in ensuring the swift disbursement of insurance claims. It is our privilege to complement your programs through our innovative banking solutions for the benefit of depositors," said LANDBANK President Ortiz. DICs can use the VISA Debit Cards at LANDBANK’s extensive network of 606 branches and branch-lite units across all 82 provinces of the country, ensuring access in even the most remote areas and communities nationwide. The LANDBANK VISA Debit Cards can also be used at 2,984 LANDBANK ATMs nationwide. DICS can also perform cash withdrawal and balance inquiry for free from 2,807 7-Eleven ATMs in Metro Manila and other major provinces in the country. "We extend our heartfelt gratitude to LANDBANK for embarking on this journey with us, being PDIC's unwavering ally in providing depositor protection to our countrymen," said PDIC President Tan. DICS can open a LANDBANK account through the Digital Onboarding System (DOBS), enabling clients to initiate the process online before visiting the branch to finish the account opening in as fast as 15 minutes. Clients also get access to LANDBANK’s digital banking products and services, including the Mobile Banking App, for more efficient and convenient management of finances. The collaboration between LANDBANK and PDIC is geared towards the protection of depositors and enhancement of public service delivery through the use of digital banking solutions.
READ MOREGood news for LANDBANK VISA Debit Card holders! Offers: Discount via Voucher Code: LANDBANK Discount: 20% off, capped at Php 150.00 Minimum single-receipt spent per transaction: Php 500. Minimum spent is based on gross food order value which is defined as the user's total food order value before any discount and shipping is applied. Maximum discount per transaction: Php 150.00 Valid from December 12 to December 31, 2023; only valid for fast food cuisine only. Each code can be used by a user on FoodPanda up to one (1) time only per user ID from December 12 to December 31, 2023 To avail of the discount, Cardholders must download the FoodPanda mobile app on the Apple Store or Google Play Store and proceed with the following steps: Input the delivery location. Choose from the available restaurants/shops under Delivery and Pick-up in the area. Place order worth at least the minimum spend requirement for each voucher code. Tap "Apply a voucher". Enter applicable Voucher Code or select the applicable seeded voucher. Pay using a qualified card. Discount is applied to the total purchase upon checkout. Other Terms and Conditions: Partner is not an agent of any of the participating merchants or outlets and makes no representation as to the quality of goods and services provided. All feedbacks regarding the quality of goods and services provided should be directed to the respective merchant or outlet. The offer cannot be exchanged for other items or discounts and cannot be used in conjunction with other promotional offers by the partner merchant that requires a voucher/promo code. The offer is not convertible to cash or credit. It may not be exchanged with any other product. In case of dispute in respect of the Partner only and the clients' availment of the Promo, the decision of the Partner with the concurrence of DTI shall be considered final. However, if dispute involves the FoodPanda and its performance and/or delivery of services to customers, subject to the Terms and Conditions set out below, the decision of FoodPanda with the concurrence of DTI shall be considered final. Vouchers, discounts and promos and the use of the foodpanda platform shall likewise be governed by the FoodPanda. Customer Support: LANDBANK can be reached through the following channels on your concerns and complaints regarding your accounts: 1. LBP Website 2. 24/7 LBPCustomer Service 3. LBP Branches
READ MOREPhoto courtesy of Patrick Garcia, Manila Bulletin SAN JUAN CITY – Traffic violators can now settle their fines and charges conveniently through the Link.BizPortal, the online payment facility of the Land Bank of the Philippines (LANDBANK), which has been integrated into the San Juan City Government’s webpage. LANDBANK joined the City Government of San Juan and the Metropolitan Manila Development Authority (MMDA) in launching the implementation of the Metro Manila Single Ticketing System (STS) in San Juan City on 15 November 2023. Photo shows San Juan City Mayor and Metro Manila Council President Francis Zamora (4th from left) with MMDA Chairman Romando Artes (3rd from left) leading the launching of the program, alongside San Juan City Vice Mayor Angelo Agcaoili (6th from left), MMDA Director Victor Nuñez (rightmost), and Land Transportation Office (LTO) Regional Director Noreen San Luis-Lutey (5th from left), together with LANDBANK Vice President Emelyn Justiniano (2nd from left) and San Juan Branch Head Zenaida R. Rodenas (leftmost).
READ MOREEnjoy P500 off sitewide when you pay using your Security Bank, AUB, or Landbank Mastercard!| Promo Period: December 5-31, 2023 Promo Mechanics: The promo period is from December 5-31, 2023. This promo is open to all Security Bank, AUB, and Landbank Mastercard cardholders who will purchase on the ZALORA website or ZALORA app within the promo period using installment as the payment option. The said promo entitles the customer to P500 off sitewide for minimum purchase of P5,000 using the installment option. How to avail: Log-on to http://www.zalora.com.ph Select the product. Select size and click on “Add to Bag”. Once finished, click CHECKOUT NOW to proceed. Log in or Register by Signing in via Facebook. Input Customer Information such as name, phone number and delivery address. Select Credit Card 3M/ 6M Installment as Payment Method and input Security Bank, AUB, or LANDBANK Mastercard card details and click installment payment. Select voucher code: MASTERCARDINS to get P500 off. Click “Order Now” to finalize order Any dispute concerning the products or services related to the Promo offer shall be settled directly between the cardholder and ZALORA with the concurrence of the DTI. For partial returns and cancellation of orders, the promo will be voided and customer will automatically be refunded via ZALORA Wallet Credit Brand and category exclusions apply. Discount is not valid on the following categories and brands: (full list: www.zalora.com.ph/faq-non-sale)
READ MOREChristmas Shopping Money with Mastercard Promo! Promo period: October 1 to December 31, 2023 ‘Tis the season to be jolly… because we’re giving away Christmas Shopping Money when you shop at SM Store using Mastercard! Be one of the lucky 65 winners of P100,000 worth of Christmas Shopping Money, or one of the 650 winners of P1,000 SM Gift Pass! Just spend a minimum P6,500 single-receipt purchase using your Mastercard from October 1 to December 31, 2023! Don’t miss this chance to win big this holiday season, shop away! You may also order via SM Store Personal Shopper by filling out an order form or contacting us via these mobile numbers. Mechanics and Terms & Conditions Eligibility The Promotion is open to all principal and supplementary cardholders of Mastercard credit, debit, and prepaid cards issued in the Philippines. To join the Promotion, the cardholder must use a valid Mastercard card for a minimum Php6,500 single-receipt purchase at any participating branch of SM Store. Straight and installment transactions using a valid Mastercard card in-store and personal shopper paid via card-present transaction. Transactions paid via iPay88/email billing are excluded from the promo. Cardholders whose accounts are suspended or terminated are not eligible to join the promotion. Terms and Conditions A minimum P6,500 single receipt purchase (straight or installment transaction) at any branch of SM Store nationwide gives the cardholder a chance to instantly win P100,000 worth of Christmas Shopping Money or P1,000 worth of SM Gift Pass. There will be 65 winners of P100,000 worth of SM Gift Pass or 650 winners of P1,000 worth of SM Gift Pass nationwide. Promo Period is from October 1 to December 31, 2023, while claiming of the prizes will be from October 1, 2023, until February 28, 2024. Upon completing the minimum single-receipt requirement of P6,500 using Mastercard and printing of the SM Store transaction receipt, a coupon/stub will be generated indicating if the customer won an instant prize. Prize is non-convertible to cash. The cardholder can only claim his/her Prize at the same branch of the SM Store where the transaction was made. Purchase of cell cards, phone cards, SM Gift Cards, SM Gift Pass, Concert Tickets, Returns, Bills Payment Products, and other products at the Customer Service Counter are not qualified for this promotion. Claiming of Prizes For In-store Transactions - winner (Cardholder) must present the following documents to the Customer Service Counter where the transaction was made. The Customer Service Manager must verify the winning transaction prior to awarding of prizes to the cardholder. List of documents to be presented: Original Winning Transaction Receipt Original Winning charge slip – original customer copy Original Winning Stub – original copy Winning Credit Card (Mastercard) Valid ID For Personal Shopper (card-present) Transactions – Personal Shopper Manager to verify the winning transaction prior to claiming of prize from Customer Service Counter. Winner must surrender and sign the original winning stub. The Transaction receipt and winning charge slip should be marked/stamped “CLAIMED” upon release of the Prize. Branch to have the winner sign the Claim Certificate. SM Store and Mastercard will not replace lost or damage prizes caused by the winner (cardholder). SM Store and Mastercard Philippines reserve the right to disclose and publish names, photos and other information of the winners in any mode or manner as they deem appropriate. Employees of the SM Store, Mastercard, and its accredited advertising agencies and suppliers, and their family relatives up to 2nd degree of consanguinity or affinity are disqualified from participating in the promotion. This promo is available in-store and via SM Store Personal Shopper. Per DTI Fair Trade Permit No. FTEB-176428, Series of 2023.
READ MOREAs of Wed, April 30, 2025
| Buying | Selling | |
|---|---|---|
| USD | 55.65 | 56.2 |
| JPY | 0.385778 | 0.401043 |
| EUR | 62.490666 | 64.971977 |
| GBP | 73.573295 | 76.494663 |
| HKD | 7.146032 | 7.685968 |
As of Tue, April 29, 2025
| UITF | NAVPU |
|---|---|
| Cash Management Fund | 1.558207 |
| Money Market Fund | 1.311334 |
| Money Market Plus Fund | 1.223712 |
| PERA Money Market Fund | 1.024099 |
| Medium-Term Bond Fund | 2.472408 |
| Bond Fund | 2.025804 |
| PERA Bond Fund | 1.201165 |
| Balanced Fund | 2.608032 |
| Growth Fund | 2.586644 |
| Alpha Equity Fund | 3.002682 |
| Blue Chip Equity Fund | 0.964111 |
| Equity Fund | 0.784247 |
| High Dividend Equity Fund | 1.009083 |
| US$ Money Market Fund | 1.432428 |
| Global $ Fund | 1.529753 |
