In support of the National Government’s thrust to deliver responsive and accessible public services, LANDBANK joined the launch of the Government-Owned or Controlled Corporations (GOCCs) Caravan, offering financial relief and recovery programs for clients affected by the recent typhoons experienced nationwide. Spearheaded by the Department of Finance (DOF), the two-day Caravan officially kicked off on 29 July 2025 at Robinsons Manila in partnership with the Bureau of Internal Revenue (BIR) and other GOCCs. “Maraming serbisyong pampubliko ang inaalok at handang ibigay ng gobyerno na lingid sa kaalaman ng ating mga mamamayan. This is our way of enabling our people to maximize the benefits the government can offer,” said Finance Secretary and LANDBANK Chairman Ralph G. Recto in a statement. LANDBANK featured at the event its emergency and calamity assistance programs designed to help fast-track recovery and rebuilding efforts. “We are committed to providing urgent and practical financial solutions for our kababayans affected by recent calamities. Whether for emergency needs or rebuilding their livelihoods and businesses, LANDBANK is here to help our clients get back on their feet and move forward,” said LANDBANK President and CEO Lynette V. Ortiz. Emergency Support Programs LANDBANK highlighted its Community Assistance and Reintegration Support Plus (CARES Plus) Lending Program, which offers financing support to affected farmers and fishers, cooperatives, micro, small and medium enterprises (MSMEs), corporations, and electric distribution utilities. Loan proceeds may be used for working capital, capital expenditures, or the repair and acquisition of disaster-damaged equipment, facilities, and structures. Electric cooperatives and utilities may also access short-term financing to address increased generation and distribution costs. LANDBANK also promoted its Electronic Salary Loan (eSL) for government and private employees with LANDBANK payroll accounts for convenient access to credit via the Bank’s digital platforms. Proceeds are credited directly to the borrower’s account, and qualified borrowers may renew their loans after three months of good payment standing. To support LANDBANK cardholders in urgent need of funds, the Bank is also offering its EasyCash for Emergencies service, allowing qualified credit cardholders to convert their available credit limit into emergency cash with repayment terms of up to 36 months. For pensioners and government employees, the Bank is also offering the Pension and Emergency Relief (PeER) Loan Facility to provide accessible credit assistance to serve urgent financial needs. Under the LANDBANK PEER facility, eligible borrowers may avail of loans ranging from P20,000 to P300,000 at a competitive interest rate of 10% per annum, to cover emergency expenses, medical needs, and other immediate requirements. To further expand access to financial services, LANDBANK also facilitated straight-through account opening through the LANDBANK Mobile Banking App (MBA) at the event, allowing customers to conveniently open a digital savings account using only their smartphones. A Concerted Government Effort Other GOCCs joined LANDBANK and BIR in the caravan, including the Philippine Health Insurance Corporation (PhilHealth), Social Security System (SSS), Government Service Insurance System (GSIS), Pag-IBIG Fund, Philippine Deposit Insurance Corporation (PDIC), and the Development Bank of the Philippines (DBP), Small Business Corporation (SBC), National Development Company (NDC), and Bases Conversion and Development Authority (BCDA). The Bank’s active participation in the GOCC Caravan reaffirms its commitment to inclusive and needs-based financial services — especially during times of crisis — towards empowering Filipinos and building resilient communities. LANDBANK is celebrating its 62nd anniversary this month marking 62 meaningful years of advancing growth, financial inclusion, and sustainability through responsive and impactful banking services. About LANDBANK LANDBANK is the largest development financial institution in the country promoting financial inclusion, digital transformation, and sustainable national development. Present in all 82 provinces in the county, the Bank is committed to provide accessible and responsive financial solutions to empower Filipinos from countryside to countrywide. Launched on 05 August 2025 with the theme “RTB 31 For Everyone,” this latest peso-denominated RTB offering is a five-year investment that offers a competitive annual interest rate of 6.0% per annum, paid quarterly. The BTr is offering the RTB 31 to help fund key national priorities, including agriculture, infrastructure, education, and healthcare. "Together, let us continue to broaden participation, strengthen trust in government securities, and ensure that every Filipino can become a part of our national growth story," said National Treasurer Sharon P. Almanza. During the rate-setting auction ahead of the RTB 31 launch, the BTr attracted an overwhelming P354.2 billion in total tenders — equivalent to 11.8 times the initial offer of P30 billion. Of this amount, P210 billion or 59% was awarded, underscoring sustained strong investor confidence in the National Government. “We are opening more doors for every Filipino to invest — not just in secure, high-yielding instruments like the RTB 31, but in the future of our country. Through LANDBANK’s digital platforms, we are empowering citizens here and abroad to grow their savings with ease, while helping fund critical programs that uplift lives and communities,” said LANDBANK President and CEO Lynette V. Ortiz. Investing made simple and accessible With a minimum investment of only P5,000, with subsequent investments in multiples of P5,000 thereafter, investors from the country and abroad can conveniently participate in the RTB 31 offering through the mobile banking apps of LANDBANK and the Overseas Filipino Bank (OFBank) — the official digital bank of the Philippine government and a subsidiary of LANDBANK. Investors may also use the BTr Online Ordering Facility and settle the payments via LANDBANK’s Link.BizPortal, free of charge. The public offer period for RTB 31 runs until 15 August, with the issue date on 20 August 2025 and maturity on 20 August 2030. As a Joint Lead Issue Manager, LANDBANK reinforces its commitment to financial inclusion by empowering more Filipinos to become active contributors to the nation’s long-term growth. ABOUT LANDBANK LANDBANK is the largest development financial institution in the country promoting financial inclusion, digital transformation, and sustainable national development. Present in all 82 provinces in the country, the Bank is committed to provide accessible and responsive financial solutions to empower Filipinos from countryside to countrywide.
READ MORETo mark 62 years of meaningful public service, LANDBANK recently honored its outstanding clients and partners who have been instrumental in delivering essential financial and support services nationwide. The inaugural LANDBANK Gawad TANYAG (Tanging Yaman at Galing) Awards held on 8 August 2025 celebrated the Bank’s clients who have made an impact in communities and models of operational excellence, which include individual farmers and fishers, cooperatives, micro, small and medium enterprises (MSMEs), corporations and large enterprises, countryside financial institutions (CFIs), and microfinance institutions (MFIs). “Sa bawat kwento ninyo, nakikita ko ang hinaharap na hinahangad nating lahat: isang Pilipinas na mas mayaman sa oportunidad, masagana sa pag-asa — kaya’t maraming salamat po sa pagpapatunay na ang tagumpay ay hindi lamang monopolya ng iilan, na ang pag-asenso ay puwedeng makamit ng bawat mamamayan,” said Finance Secretary and LANDBANK Chairman Ralph G. Recto in a statement. LANDBANK President and CEO Lynette V. Ortiz led the awarding ceremony to honor exemplary clients who embody the Bank’s core values of partnership, loyalty, and excellence. She was joined by Department of Agriculture (DA) Undersecretary Roger V. Navarro, alongside key development partners. “Through Gawad TANYAG, we honor the invaluable contributions of our clients who help move our nation forward. This is our way of celebrating partnerships that go beyond banking — partnerships rooted in trust, shared purpose, and the pursuit of meaningful change,” said LANDBANK President and CEO Ortiz. Under the Gawad PITAK (Pinakatanging Kooperatiba) category, the Hagonoy Farmers Multi-Purpose Cooperative, Panabingan Multi-Purpose Cooperative, and Nueva Ecija Seed Grower Multi-Purpose Cooperative were recognized as outstanding agri-based cooperatives in the small, medium, and large categories, respectively. The ASKI Employees Credit Cooperative and Providers Multi-Purpose Cooperative were also honored under the non-agricultural cooperative category. Individual excellence was highlighted through the Ulirang Magsasaka award conferred to Alfonso Namujhe Jr. of Nueva Vizcaya, and the Ulirang Mangingisda award bestowed to Agrifina A. Gabres of Aurora. “Napakalaking tulong ng LANDBANK. Noong mag-umpisa kami, walang bangko na gustong tumulong sa amin. LANDBANK lang ang naniwala. My dad started the spark, and LANDBANK fueled it. The citrus industry of Nueva Vizcaya owes it to LANDBANK,” said Josephine Namujhe, who received the award on behalf of her father. The Gawad MSME was awarded to Jose Fernand Latog and Jollypig Farms, Inc. for the small and medium agri-based enterprises, respectively. Meanwhile, Spouses Patrick Mary and Rodary Therese Guanzon, and Spouses Mary Jeanette and Michael Anthony Bercadez were recognized under the small and medium non-agri enterprise categories, respectively. The Gawad KAAGAPAY (Korporasyon na KAagapay sa Ating GAnap na TagumPAY) was conferred to Soliman E.C. Septic Tank Disposal, Fiesta Communities, Inc., and Cebu Landmasters, Inc. for their significant contributions as corporations and large enterprises in stimulating local economic growth. “With the support of LANDBANK, we are very grateful that we have a partner in providing homes for our kababayans and empowering the Filipino people,” said Willie Tan, Founder and President of Fiesta Communities, Inc. Rural Bank of Angeles, Producers Savings Bank Corporation, First Isabela Cooperative Bank, and ASA Philippines Foundations, Inc. were recognized with the Gawad PFI (Partner Financial Institution) for their exceptional performance under the rural bank, thrift bank, and microfinance categories, respectively. The complete list of Gawad TANYAG awardees can be accessed here: https://tinyurl.com/356a3ezb LANDBANK is celebrating its 62nd anniversary marking 62 meaningful years of advancing growth, financial inclusion, and sustainability through responsive and impactful banking services. About LANDBANK LANDBANK is the largest development financial institution in the country promoting financial inclusion, digital transformation, and sustainable national development. Present in all 82 provinces in the county, the Bank is committed to provide accessible and responsive financial solutions to empower Filipinos from countryside to countrywide.
READ MORETAP & GO with Mastercard Weekday Flash Sale Only at SM Store — Nationwide! Promo Period: August 4 to September 30, 2025 Get ready to shop ‘til you drop with our exciting Weekday Flash Sale – exclusively for Mastercard holders! Whether you’re picking up essentials, treating yourself, or shopping for someone special, the more you spend, the more you save! Mark Your Calendar, Set Your Alarm! This offer is only valid during weekday flash hours, so don’t miss out! Whether you’re shopping after work or sneaking in an early evening spree, TAP, SAVE, and REPEAT — only at SM Store with Mastercard. Eligibility 1. The Promotion is open to all principal and supplementary cardholders of Mastercard credit, debit, and prepaid cards (Local & International). 2. To join the Promotion, cardholder must tap a valid Mastercard card for a minimum P5,000 or P10,000 single receipt purchase at any participating branch of the SM Store. 3. Straight and installment transactions using a valid Mastercard card in-store and personal shopper paid via card present are eligible for the promotion, transactions paid via iPay88/email billing are excluded in the promo. 4. Cardholders whose accounts are suspended or terminated are not eligible to join the promotion. Terms & Conditions 1. Mastercard cardholders can enjoy an instant discount of ₱200 or ₱500 from Monday to Thursday, 5:00 PM to 7:00 PM, with a minimum single-receipt purchase of ₱5,000 or ₱10,000 (straight or installment transaction) respectively at any SM Store branch nationwide. 2. Get ₱500 off for a minimum purchase requirement (MPR) of ₱10,000, or ₱200 off for an MPR of ₱5,000. 3. Promo offers are time-bound. Discounts apply only during the scheduled time window. 4. Promo runs every Monday to Thursday from August 4 to September 30, 2025. 5. All Mastercard transactions must be made within the promo period and time window to avail of the discount. 6. Upon completing the minimum single-receipt Mastercard card transaction, the POS will automatically award the ₱200 or ₱500 discount. 7. Discounts are applied at the point of sale for qualified transactions and are applicable to all items. 8. The minimum purchase requirement is defined as net of all applicable discounts (i.e., class discounts, SMAC/SM Prestige discounts, and other SM discounts). 9. Offer is non-transferable, non-refundable and non-convertible to cash. 10. Promo is in conjunction with other Mastercard promotions within SM Store. 11. Splitting of transactions for the purpose of getting multiple discounts is not allowed.
READ MOREStreamlining PNP Pensions: PNP Chief of Police General Nicolas Torre III (5th from left) and LANDBANK President and CEO Lynette V. Ortiz (4th from left) lead the signing of the Memorandum of Agreement (MOA) to streamline the disbursement of pension and other retirement benefits for retired police personnel, held on 14 August 2025 at the PNP National Headquarters in Quezon City. Joining them from LANDBANK are Executive Vice President Liduvino S. Geron (3rd from left), Senior Vice President Marilou L. Villafranca (2nd from left), First Vice President Atty. Nikkolas B. Tolentino (6th from left), Vice President Hansen W. Chu (rightmost), and Assistant Vice President Marissa A. Garduque (leftmost). QUEZON CITY – Committed to delivering accessible and efficient banking services, LANDBANK has been tapped anew by the Philippine National Police (PNP) to simplify pension processing for retiring police personnel. Under this collaboration, active PNP personnel can now continue using their existing LANDBANK payroll accounts as their pension accounts upon retirement. This eliminates the need to open a separate account, saving time, reducing paperwork, and ensuring uninterrupted receipt of benefits for about 250 new PNP pensioners each month. “As the PNP’s depository bank, LANDBANK is honored to be your steadfast partner in making your financial operations more seamless and efficient. We provide a full range of traditional and digital banking solutions to support your needs, while serving the salaries and benefits of over 230,800 uniformed and non-uniformed personnel, and around 80,000 pensioners nationwide,” said LANDBANK President and CEO Lynette V. Ortiz. The signing of the amended and restated Memorandum of Agreement (MOA) was led by PNP Chief of Police General Nicolas Torre III and LANDBANK President and CEO Ortiz. Present as witnesses were Police Brigadier General Jonas Amparo and Police Brigadier General Marlou Roy Alzate, alongside LANDBANK Executive Vice President Liduvino S. Geron, Senior Vice President Marilou L. Villafranca, and Vice President Hansen W. Chu on 14 August 2025 at the PNP National Headquarters. In line with the National Government’s digitalization drive, LANDBANK is likewise encouraging the PNP to expand the use of the Bank’s Link.BizPortal for fee collections. As of June 2025, the Link.BizPortal has processed 2.9 million PNP transactions, with more than 2.85 million for police clearances. As PNP’s longstanding partner, LANDBANK continues to provide payroll servicing, fund transfers, bills payment, and investment facilities, as well as other digital and traditional banking services, to help the agency perform its mandate of maintaining peace and order and ensuring public safety. About LANDBANK LANDBANK is the largest development financial institution in the country promoting financial inclusion, digital transformation, and sustainable national development. Present in all 82 provinces in the county, the Bank is committed to provide accessible and responsive financial solutions to empower Filipinos from countryside to countrywide.
READ MOREPSALM President and CEO Dennis Edward A. Dela Serna (3rd from left), LANDBANK President and CEO Lynette V. Ortiz (2nd from left), and DBP President and CEO Michael O. de Jesus (rightmost) lead the ceremonial signing for the ₱100-billion syndicated loan for PSALM, witnessed by Government Corporate Counsel Judge Solomon M. Hermosura (leftmost). QUEZON CITY — In support of the National Government's fiscal sustainability and energy sector reform efforts, LANDBANK is extending majority of a ₱100-billion Syndicated Term Loan Facility to the Power Sector Assets and Liabilities Management Corporation (PSALM). LANDBANK as one of the Joint Lead Arrangers and Lenders, committed ₱60 billion or 60% of the total syndicated term loan facility. The proceeds of the facility will be used to augment PSALM’s working capital requirements, refinance existing liabilities, and settle domestic contractual obligations. PSALM President and CEO Dennis Edward A. Dela Serna, LANDBANK President and CEO Lynette V. Ortiz, and DBP President and CEO Michael O. de Jesus signed the syndicated loan facility agreement on 17 July 2025. The signing was witnessed by Government Corporate Counsel Judge Solomon M. Hermosura. "We are honored to be part of this important milestone, alongside our partners in government and development finance. This transaction reflects our collective resolve to strengthening the Philippine power sector — an industry that is fundamental to shaping the future of our economy and uplifting the lives of every Filipino,” said LANDBANK President and CEO Ortiz. LANDBANK and DBP acted as the Joint Lead Arrangers for the syndicated deal, with LANDBANK – Trust Banking Group as the Facility and Paying Agent, and the Officer of the Government Corporate Counsel (OGCC) as the Transaction Counsel. The loan will support PSALM fulfill its mandate under the Electric Power Industry Reform Act (EPIRA), which includes the management, privatization, and optimal liquidation of the remaining assets and financial obligations of the National Power Corporation. LANDBANK has been a steadfast partner of PSALM since 2008, consistently providing essential financing in support of its programs. The Bank also remains a key player in advancing the country’s energy agenda, financing major players in the industry including large oil companies, power producers, and distribution utilities, as part of its role as reliable enable of national development. ABOUT LANDBANK LANDBANK is the largest development financial institution in the country promoting financial inclusion, digital transformation, and sustainable national development. Present in all 82 provinces in the county, the Bank is committed to provide accessible and responsive financial solutions to empower Filipinos from countryside to countrywide.
READ MOREPROMO PERIOD: September 9-14, 2025 PROMO MECHANICS 1. The offers apply to new and existing customers of FlowerStore.ph with LANDBANK Visa Debit Cards 2. The offers are valid for multiple uses with no minimum spend. 3. All transactions must be within the promo period. 4. The promo is not valid in conjunction with any ongoing promos of the principals. 5. The offers are non-transferable and cannot be converted to other items such as, but not limited to, cash, credit, or gift certificates. 6. Free same-day delivery areas include Metro Manila, Cainta, Taytay, and selected areas of Antipolo, Cebu, and Davao. 7. The Cardholder’s use of the FlowerStore.ph shall be governed by the terms and conditions of FlowerStore.ph. 8. Any dispute concerning the performance and/or delivery of services related to the promo offer/s shall be settled directly between the Cardholder and the principal. 9. The Terms and Conditions governing the issuance and use of LandBank Credit and Debit Cards are incorporated herein by reference and made an integral part hereof. HOW TO AVAIL 1. Open the FlowerStore.ph mobile app. 2. Sign in or log in to your account. 3. Select DELIVER TO and choose your City + Barangay. 4. Select item/s you wish to purchase. 5. Choose the preferred delivery date & time slot available. 6. Click Buy Now, or Add to Cart to choose multiple items. 7. Upon checkout, fill out all necessary Sender & Recipient details. 8. Type in a message and delivery instructions (if any). 9. Click Go to the Payment. 10. Choose Credit/Debit Card as payment method. 11. Enter LANDBANK card details. 12. Enter the applicable voucher code and hit the APPLY button. 13. Click Complete Order.
READ MOREPROMO PERIOD: September 9-12, 2025 PROMO MECHANICS 1. The offers apply to new and existing customers of Potico.ph with LANDBANK Visa Debit Cards 2. The offers are valid for multiple uses with no minimum spend. 3. All transactions must be within the promo period. 4. The promo is not valid in conjunction with any ongoing promos of the principals. 5. The offers are non-transferable and cannot be converted to other items such as, but not limited to, cash, credit, or gift certificates. 6. Free same-day delivery areas include Metro Manila, Cainta, Taytay, and selected areas of Antipolo, Cebu, and Davao. 7. The Cardholder’s use of the Potico.ph’s shop shall be governed by the terms and conditions of Potico.ph. 8. Any dispute concerning the performance and/or delivery of services related to the promo offer/s shall be settled directly between the Cardholder and the principal. 9. The Terms and Conditions governing the issuance and use of LandBank Credit and Debit Cards are incorporated herein by reference and made an integral part hereof. HOW TO AVAIL 1. Open the Potico.ph website. 2. Sign in or log in to your account. 3. Select DELIVER TO and choose your City + Barangay. 4. Select item/s you wish to purchase. 5. Choose the preferred delivery date & time slot available. 6. Click Buy Now, or Add to Cart to choose multiple items. 7. Upon checkout, fill out all necessary Sender & Recipient details. 8. Type in a message and delivery instructions (if any). 9. Click Go to the Payment. 10. Choose Credit/Debit Card as payment method. 11. Enter LANDBANK card details. 12. Enter the applicable voucher code and hit the APPLY button. 13. Click Complete Order.
READ MOREPromo Period: September 12-14, 2025 Qualified Transactions: Payments made by LANDBANK VISA Accountholders using their LANDBANK VISA Account via POS or QRPH. Offer: Get one (1) sachet Antepara Heated Eye Mask (any variant) FREE with a minimum single-receipt purchase of ₱3,500.00 at participating Ideal Vision Center stores, when payment is made using a LANDBANK VISA Account. • Open to all active LANDBANK VISA Accountholders. • Valid only for in-store purchases at participating Ideal Vision Center branches. • Transactions must be made within the promo period: September 12–14, 2025. • Promo cannot be combined with other ongoing promotions, discounts, or offers. HOW TO AVAIL 1. Visit any participating Ideal Vision Center branch. 2. Present your physical or virtual LANDBANK VISA Account before payment. 3. Use your LANDBANK VISA Account to pay for a minimum single-receipt purchase of ₱3,500.00. 4. Claim your free Antepara Heated Eye Mask immediately after completing the transaction. TERMS AND CONDITIONS 1. The promo is applicable only to LANDBANK VISA Accountholders. 2. The free item is not convertible to cash, credit, or other products/services. 3. The free item cannot be claimed retroactively for transactions made prior to the promo period. 4. Participation in the promo is subject to Ideal Vision Center’s standard Terms and Conditions. MISCELLANEOUS PROVISIONS 1. Limited Liability: The Parties shall hold each other free from any damage or liability that may arise from or be occasioned by the exercise of their rights and obligations under this Agreement, except when such damage or liability is attributable to the gross negligence or willful misconduct of a Party or any of its officers, representatives, or employees. 2. Indemnity: Ideal Vision Center shall defend, indemnify, and hold LANDBANK, its officers, representatives, and employees, free and harmless from and against all claims, damages, liabilities, and costs of every kind and character resulting from or relating to the inaccuracy, nonfulfillment, or breach of any representation, warranty, covenant, or obligation of Ideal Vision Center.
READ MORERaffle Promo Mechanics Eligibility: • Open to all LANDBANK Mobile Banking App (MBA) users. How to Qualify: 1. Register for the promo through the QR code below: Use promo code "CSBRP" 2. Access your LANDBANK Mobile Banking Application (MBA). 3. Enable Biometrics* Login (Face ID / Fingerprint) for the first time and keep it ON. * How to Enable Biometrics Login in LANDBANK MBA STEP 1: Log in with your User ID and password. STEP 2: Tap More (…) at the bottom menu, then go to Settings. STEP 3: Turn ON Biometrics Login (Face ID/Fingerprint). STEP 4: Once confirmed, you can log in using biometrics. LANDBANK MBA can be downloaded through Google Play Store, App Store, or Huawei App Gallery. Promo Period: • October 1 to 31, 2025 Raffle Draw • Date: November 13, 2025 • Venue: 10th Floor, LANDBANK Plaza, 1598 MH Del Pilar corner Dr. J. Quintos Streets, Malate, Manila Prizes: • 15 winners of Php 1,000.00 each Prize Redemption: • Winners will be notified via registered mail, email, and SMS. • Prizes will be credited within 3-5 banking days to the winner's active LANDBANK account. Selection of Winners: 1. Eligible entries consist of MBA users who registered for the promo through the official LANDBANK website, enabled the biometrics feature for the first time, and keep it on. 2. Each eligible user ID corresponds to one (1) raffle entry. 3. Winners will be randomly drawn through an automated raffle system. 4. A participant may only win once. Disqualification: • LANDBANK employees, including their relatives up to the second degree of consanguinity or affinity, and members of the promo campaign committee are disqualified from joining the promo. Control Measures • The raffle draw shall be conducted electronically under the supervision of representatives from LANDBANK Internal Audit and the Department of Trade and Industry (DTI). • Personnel from the Personnel Administration Department (PAD) shall be present to validate the entries and ensure that disqualified participants (LANDBANK employees and their relatives up to the second degree of consanguinity or affinity) are excluded. • The official list of winners shall be certified by LANDBANK Internal Audit, the DTI, and other authorized representatives in attendance.
READ MOREEnglish Version: LANDBANK strongly refutes any insinuations that its handling of government contractor accounts, particularly those related to the Department of Public Works and Highways' (DPWH) flood control projects, involved any irregular or unlawful activity. The Bank affirms that all transactions in question were carried out strictly within the bounds of Philippine banking laws and regulations, under full compliance with government mandates and oversight requirements. The funds deposited in the account of DPWH contractors originated from the Department of Budget and Management (DBM), released pursuant to the General Appropriations Act (GAA) as passed by Congress, and disbursed by the DPWH. These funds are legitimate government allocations, not private or unverified sources. LANDBANK, or any other financial institution, has no legal authority to block or question duly appropriated government disbursements. To facilitate fulfillment of government contracts, all creditors/suppliers/payees (i.e. contractors), are enjoined to open and maintain deposit accounts with banks such as LANDBANK, pursuant to DBM Circular No. 2018-14 and Bureau of the Treasury (BTr) Circular No. 3-2018. The Bank has fully observed “Know Your Client” (KYC) protocols, risk management procedures, and documentation requirements for the opening of their LANDBANK accounts. As mandated by the Anti-Money Laundering Act (AMLA): • All cash withdrawals exceeding ₱500,000 are automatically reported to the Anti-Money Laundering Council (AMLC) through a Covered Transaction Report (CTR). • Any transaction deemed “suspicious” at the time of execution is immediately flagged to AMLC via a Suspicious Transaction Report (STR). In this case, the legitimacy of the source of funds—government releases through DPWH, the lawful purpose of the payments, and the KYC account opening documentation of the contractors—have all been properly established and recorded. There was, therefore, no basis under the law to withhold the release of funds. LANDBANK reiterates that its role is to faithfully execute banking transactions in accordance with law and regulatory standards, and not to assume investigatory functions outside its legal mandate. The Bank remains committed to the highest standards of integrity, regulatory compliance, and public trust. At the same time, it stands ready to fully cooperate with the proper authorities and investigating bodies to help establish the truth and serve the ends of justice. LANDBANK also affirms that this matter does not diminish its ongoing work of carrying out its mandate—empowering the agricultural sector, supporting farmers and fishers, and advancing the goals of the farming community, which remain at the heart of LANDBANK’s mission of nation-building. Filipino Version: LANDBANK: Lahat ng transaksyon ay malinaw, legal, at naaayon sa tamang proseso Mariing pinabubulaanan ng LANDBANK ang anumang paratang hinggil sa tiwaling paghawak umano nito ng accounts ng mga kontratista ng gobyerno, kasama na ang para sa mga flood control project ng Department of Public Works and Highways (DPWH). Ang lahat ng transaksyon na isinagawa ng LANDBANK ay naaayon sa batas at regulasyon ng pagbabangko sa Pilipinas, at mahigpit na sumusunod sa mga alituntunin at mandato ng pamahalaan. Nilinaw nito na ang pondong idineposito sa account ng mga kontratista ay galing sa Department of Budget and Management (DBM), na nakapaloob sa General Appropriations Act (GAA), na ipinasa ng Kongreso, at ibinayad ng DPWH. Ito ay malinaw na pondong galing sa gobyerno. Kaya’t wala ring kapangyarihan ang LANDBANK, o anumang bangko, upang pigilan o kuwestiyunin ang mga pondong naitalaga na ng gobyerno. Upang maisagawa ang mga proyekto ng pamahalaan, lahat ng kontratista nito ay obligadong magbukas at magpanatili ng account sa mga bangko, tulad ng LANDBANK, alinsunod sa DBM Circular No. 2018-14 at Bureau of the Treasury (BTr) Circular No. 3-2018. Siniguro ng LANDBANK na nasunod ang lahat ng “Know Your Client” (KYC) requirements at iba pang dokumentong kailangan bago mabuksan ang mga account na ito. Ayon sa mandato ng Anti-Money Laundering Act (AMLA): • Kung ang cash withdrawal ay higit ₱500,000, awtomatiko itong nirereport sa Anti-Money Laundering Council (AMLC). • Kapag may kahina-hinalang transaksyon, agad din itong iniuulat sa AMLC. Sa sitwasyong ito, malinaw na ang pondo ay galing sa gobyerno — may tamang gamit, at maayos na mga dokumentong isinumite ng DPWH. Sa makatuwid, walang batayan sa ilalim ng batas para pigilan ang paglabas ng pondo. Muli, nililinaw ng LANDBANK na ang tungkulin nito ay tiyaking tama ang pagproseso ng mga transaksyon nang naaayon sa batas, at labas sa mandato nito ang pag-iimbestiga. Ang LANDBANK ay patuloy na naninindigan sa integridad ng operasyon nito, pagsunod sa mga batas at alituntunin, at pangangalaga sa tiwala ng publiko. Handa rin itong makipagtulungan sa mga awtoridad upang makatulong sa pagpapalabas ng katotohanan at paghahatid ng katarungan para sa taumbayan. Sinisiguro rin ng LANDBANK na hindi malilihis ng isyung ito ang misyon nitong patuloy na paunlarin at bigyang sigla ang sektor ng agrikultura, suportahan ang mga magsasaka at mangingisda, at isulong ang kanilang kapakanan bilang mahalagang bahagi ng ating lipunan.
READ MOREAs of Fri, October 10, 2025
| Buying | Selling | |
|---|---|---|
| USD | 58 | 58.5 |
| JPY | 0.373364 | 0.387695 |
| EUR | 66.270357 | 68.819944 |
| GBP | 76.407528 | 79.347116 |
| HKD | 7.400866 | 7.950604 |
As of Fri, October 10, 2025
| UITF | NAVPU |
|---|---|
| Cash Management Fund | 1.589698 |
| Money Market Fund | 1.333698 |
| Money Market Plus Fund | 1.247888 |
| PERA Money Market Fund | 1.037014 |
| Medium-Term Bond Fund | 2.53058 |
| Bond Fund | 2.090819 |
| PERA Bond Fund | 1.246237 |
| Balanced Fund | 2.667866 |
| Growth Fund | 2.645627 |
| Alpha Equity Fund | 3.116487 |
| Blue Chip Equity Fund | 0.962724 |
| Equity Fund | 0.814035 |
| High Dividend Equity Fund | 1.066074 |
| US$ Money Market Fund | 1.450795 |
| Global $ Fund | 1.587249 |
