State-run Land Bank of the Philippines (LANDBANK) successfully listed its P5 billion maiden offering of Sustainability Bonds on the Philippine Dealing and Exchange Corp. (PDEx) during a virtual ceremony held on November 17. The issuance was more than five times oversubscribed, with total bids reaching P16.6 Billion, leading to an increase in the total issue size from P3 Billion to P5 Billion. LANDBANK closed the offer period on its very first day of offering last October 26, 2020 given the overwhelming market demand for the issue. “Amidst the backdrop of a recovering economic environment, we are pleased with the strong investor confidence in LANDBANK’s stable financial position. The strong interest is also a clear reflection of the conscious and growing demand for environmental and socially responsible programs and initiatives that LANDBANK promotes,” said LANDBANK President and CEO Cecilia C. Borromeo. The LANDBANK Sustainability Bonds were priced at a coupon rate of 2.5872% per annum, payable quarterly, the lowest rate among comparable issuers. It has a tenor of two years, maturing in 2022. The minimum investment amount is P50,000 and in multiples of P10,000 thereafter. The Sustainability Bonds are designed to finance various loan programs that support sustainable green and social projects in accordance with LANDBANK’s Sustainable Finance Framework. Standard Chartered Bank (SCB) is the Sole Arranger and Bookrunner of the bonds, as well as co-Selling Agent with LANDBANK. For more updates, please Follow, Like and Share the official LANDBANK Facebook, Instagram and YouTube accounts (@landbankofficial), Twitter (@LBP_Official), or visit the LANDBANK website (www.landbank.com).
READ MOREFor three years in a row, state-run Land Bank of the Philippines (LANDBANK) once again posted a 100% resolution rate for all concerns coursed through the Civil Service Commission’s (CSC) Contact Center ng Bayan (CCB) from January to December 2020, ranking first among the government agencies in the country. The CCB serves as the public feedback mechanism of the CSC, designed to ensure that actions on public feedback are in compliance with the number of days government agencies are required to respond under Republic Act No. 11032 or the Ease of Doing Business and Efficient Government Service Delivery Act signed in 2018. “This recognition from the CSC underscores LANDBANK’s steadfast commitment towards customer satisfaction. Rest assured that we will continue to prioritize and address client concerns as part of providing the highest standard of customer service to the sectors we serve,” said LANDBANK President and CEO Cecilia C. Borromeo. Aside from the CSC-CCB channel, LANDBANK clients may also send their comments or feedback to the Bank’s customer center hotline at (02) 8-405-7000 or at PLDT Domestic Toll Free 1-800-10-405-7000, or via email at customercare@mail.landbank.com. LANDBANK is also working on expanding its customer touchpoints through a website chatbot where clients can either chat with a live agent or choose self-service options. For more information about LANDBANK’s customer service channels, clients may follow the Bank’s official social media channels at @landbankofficial on Facebook and Instagram, @LBP_Official on Twitter, and @LANDBANK on Viber.
READ MOREPromo Mechanics: 1. This promotion is open to all LANDBANK and OFBank Visa Debit Cardholders who receive a cross border remittance via Visa Direct Program with Moneygram and Remitly as initiators from the following originating countries: ORIGINATOR ORIGINATING COUNTRIES MoneyGram USA, UK, France, Germany, Hungary, Romania & Spain Remitly USA 2. A cash incentive amounting to $5 (or local currency equivalent based on Visa’s applicable currency conversion rates) will be credited to the qualified Visa Debit Cardholder’s account within a minimum of fourteen (14) business days up to forty (40) business days (from the date of receipt of funds under the Qualifying Visa Direct Program). 3. There is no minimum remittance amount. 4. Promo period is from July 1, 2021 to September 30, 2021. Terms and Conditions: Each qualified Visa Debit Card account will be entitled to only one (1) cash credit/incentive, regardless of the number of remittances received into that account during the Promotion Period. For the avoidance of doubt, no game of chance or sweepstakes/lucky draws will be involved in the provision of benefits under the Promotion. Remittance must be from the following Visa Direct Program and originating countries only: ORIGINATOR ORIGINATING COUNTRIES MoneyGram USA, UK, France, Germany, Hungary, Romania & Spain Remitly USA Cash Credits/incentives are sponsored by Visa who will be fulfilling the crediting on behalf of LANDBANK to qualified Visa Debit accountholders. Visa has no responsibility to any cardholders in relation to the Cash/incentive credits or fulfilment thereof. All participants understand, acknowledge and agree that: Visa is sponsoring the Promotion benefits only and is not the provider of the underlying remittance services or other card services to cardholders; No claim shall be made by any participant against Visa in relation to the receipt or non-receipt of any remittance or other card services. All such claims shall be directed to the participant’s card issuer; and Visa has no responsibility to any participant in relation to the fulfilment of the Cash/incentive Credits. Participants shall contact their issuer for any claim or dispute in relation to the Cash/incentive Credits. To the fullest extent permitted by law, Visa shall not be liable to any person for any loss, damage, expenses or claim (whether direct or indirect, and whether foreseeable or unforeseeable) arising from or in connection with the usage or attempted usage of the Promotion or and/or services provided under the Promotion. By joining this promo, the LANDBANK / OFBank Visa debit accountholder confirms that he/she has read, understood, and agreed to the promo mechanics and its terms & conditions.
READ MORELANDBANK joins the Philippine Commission on Women (PCW) in observing the 18-Day Campaign to End Violence Against Women (VAW) from November 25 until December 12, 2021. Pursuant to Presidential Proclamation No. 1172, s. 2006, the VAW Campaign supports the National Government’s goal of protecting the human rights of women and girls by upholding its commitment to address all forms of gender-based violence. This year’s slogan, “Filipino Marespeto; Safe Spaces, Kasali Tayo” aims to promote awareness about the Safe Spaces Act (RA 11313 or SSA) as the country continues to fight the COVID-19 pandemic, which breeds various forms of VAW, especially online, with many spending their time in the digital realm. Click here to visit LANDBANK's GAD corner. #VAWFreePH
READ MORELANDBANK won Merit Awards for environmental development, infrastructure development, and financial inclusion at the ADFIAP Development Awards 2022 on 26 October 2022. The Land Bank of the Philippines (LANDBANK) garnered three Merit Awards during the 45th Association of Development Financing Institutions in Asia and the Pacific (ADFIAP) Annual Meeting on 26 October 2022 at the Conrad Hotel in Pasay City. “These recognitions from the ADFIAP highlight LANDBANK’s expanded coverage as a development institution. We will continue our efforts to help address climate change; support key economic industries to recovery and resiliency; and fast-track financial inclusion nationwide,” said LANDBANK President and CEO Cecilia C. Borromeo. LANDBANK received the Merit Award on Environmental Development for the Renewable and Efficient Alternative (REAL) Energy Financing Program, which supports renewable energy projects that promote local capacity for climate change adaptation and mitigation. As of 31 August 2022, LANDBANK has approved P20.2 billion in loans to 59 borrowers under the REAL Energy Financing Program. The Bank also received the Infrastructure Development Merit Award for providing efficient right-of-way appraisal services for the infrastructure projects of the Department of Public Works and Highways (DPWH) and Department of Transportation (DOTr). In 2021, the Bank successfully appraised around 10,000 properties for 92 big-ticket infrastructure projects for roads, highways, bridges, and railways, to help stimulate local economic activities, attract foreign investments, and create employment opportunities. LANDBANK likewise received the ADFIAP Merit Award for Financial Inclusion for its contribution to the Enhanced Partnership Against Hunger and Poverty (EPAHP) initiative, which aims to mitigate hunger, ensure food and nutrition security, and reduce poverty in urban and rural communities. The Bank alloted P2 billion under the LANDBANK EPAHP Lending Program to extend collateral-free loans to farmers and fishers groups organized as Community-Based Organizations (CBOs), who in turn supply food items for the feeding programs of partner government agencies. LANDBANK has released under the EPAHP Lending Program a total of P9.6 million to seven agri suppliers as of September 2022 The ADFIAP is on its 45th year of recognizing outstanding leadership achievements by individuals and organizations in the Philippines and across the Asia-Pacific region.
READ MOREPromo Mechanics Qualified Cards: Mastercard Credit, Debit and Prepaid Cards (including all issuing banks) Promo Period and Promo Offer Promo Period: Dec 21 - 23 , 2022 The Promotion is open to all issuing banks of active Mastercard Principal or Supplementary Credit, Debit, and Prepaid Cardholders. Promo Offer: Enjoy P200 OFF with Mastercard on Lazada’s LazBeauty Fest! The Promotion is open to all active Mastercard Credit, Debit, and Prepaid Cards issued in the Philippines. The promo can be availed by using the promo code MCBEAUTY. Discount applies for a minimum transaction amount of P2,000. Minimum spend applies to total price of selected items in cart prior to any discounts. The Promo is valid only on regular and sale items from the Beauty, Beauty Supplements and Personal Care categories at Lazada. Purchase must be made on December 21-23, 2022 Philippine time on the Lazada mobile app. Discount will apply when the voucher is entered at the Payment Page and the eligible Visa Credit, Debit, or Prepaid Card is selected as the payment option. Customer must check if discount amount is applied before proceeding to final check-out. How to Avail Via Lazada Mobile App Download the Lazada app for free via App Store for Apple users or Google Play store for Android users. Collect Shipping fee voucher from the Mastercard landing page on Lazada. Select the item/s you wish to purchase then click “Add to Cart”. Prepare your card details for the transaction. Click the Shopping Cart icon on the right, topmost portion of the screen to view all the items on your Shopping Cart. Select the item/s and applicable shipping fee voucher prior to checking out. Once you have reviewed the items on your Shopping Cart, click “Check Out”. Make sure to check if the discount was applied to total billing before proceeding to check out. Enter your shipping and billing information and select the credit card as payment method. Enter your Mastercard Credit/Debit/Prepaid Card details and make sure to check if the discount was applied to total billing before proceeding to place the order. Click “Place Order” to complete the transaction. Terms and Conditions Discount is only applicable to transactions with items from the Beauty, Beauty Supplements and Personal Care categories. Discount voucher is valid for one-time use within each promo period. Discount is applicable to all Mastercard Credit, Debit, or Prepaid Cards only. 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 credit card BINs and eligible items. Payment codes cannot be used with other collectible or 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.
READ MOREPromo Mechanics Promo is open nationwide to Mastercard debit and credit card users who are registered in Bayad Online and; paid a bill using Bayad Express. Promo will run from December 15, 2022 to March 15, 2023. Promo Entries and Prizes For Newly Registered Bayad Online Users Newly registered Bayad Online users, who have a minimum spend of Php 1000 for their initial bills payment thru Mastercard credit or debit card, will earn the following: waived convenience fee Php 500 worth of Sodexo e-gift certificate, one (1) raffle entry to get a chance to be part of the 35 lucky winners of the gadgets described below. For Existing Bayad Online Users Existing Bayad Online users who have a minimum spend of Php 1000 worth of bills payment thru Mastercard credit or debit card, will earn the following: waived convenience fee Php 100 worth of Sodexo e-gift certificate Note: They can only earn a maximum of two (2) Php 100 worth of Sodexo e-gift certificates for two (2) Php 1000 worth of unique bill payments per month. Both unique bill payments can cover for either two (2) different biller brands; or two (2) same biller brands as long as the transaction is made using different biller account numbers. one (1) raffle entry to get a chance to be part of the 35 lucky winners of the gadgets described below. Note: There’s no ceiling/limit on the number of Php 1000 worth of bill payments to earn more raffle entries. Bayad Express Users Bayad Express users who have a minimum spend of Php 1000 for their initial bills payment thru Mastercard credit or debit card, will earn the following: waived convenience fee Php 100 worth of Sodexo e-gift certificate. Raffle Prizes A total of 35 lucky winners will win the raffle. 3 WINNERS of iPhone 13 Pro Max 128GB 3 WINNERS of Samsung Galaxy Tab S8+ 5G 3 WINNERS of MacBook Air 2 WINNERS of iPad Air 64 GB 4 WINNERS of Nintendo Switch 7 WINNERS of Marshall Speaker (Emberton II) 8 WINNERS of Apple Airpods (2nd Gen) 5 WINNERS of Fujifilm Instax Mini 11 Announcement of Winners and Claiming of Prizes Sodexo e-gift certificates will be in a form of voucher codes which will be sent via email and SMS blast every 10th to 15th from February to April. Customers who earned raffle entry/ies will receive a confirmation message via email and SMS from the 20th to the 24th day of the month. Raffle draws will be conducted in three (3) batches, which will be on every 25th of the month, and will be announced on the same day, from January to March. There will be a total of thirty-five (35) lucky raffle winners. CIS Bayad Center, Inc. will pay the 20% tax for prizes exceeding Php10,000. Note: Raffle entry/ies earned on the specific coverage as stated above will only be valid until the corresponding draw date. Promo participants can only win once per raffle draw schedule. If a name is drawn more than once, the entry will be voided, and another will be drawn in its place. In compliance with the Data Privacy Act of 2012 (R.A. 10173), contact details of the winning Transaction Reference Number (Complete Name, Address, Mobile Number, Email Address, Transaction Reference Number, Amount Paid, Mode of Payment, Biller Account Number, and Transaction Date & Time) will be used for the purpose of the promo and for future Bayad marketing initiatives (promos, advisories, and updates). Sodexo e-gift certificates are not transferable nor convertible into cash. Raffle draws will be held virtually at CBCI’s Head Office (Business Solutions Center, Meralco Complex, Ortigas Ave., Pasig City), with the presence of a DTI representative. The list of participants will be generated as an excel file through Microsoft Form, and entries will be drawn automatically in the web-based software: Randomizer. Monthly raffle draw winners will be announced on Bayad’s Official Facebook Page every 25th day of the month. Winners will also get a notification via email, SMS, and/or phone call from an authorized Bayad representative. Winners should provide email/SMS notification from Bayad as proof of winning and any valid ID (i.e., Passport, Voter’s ID, SSS, TIN ID, Driver’s license, Senior citizen’s ID, etc.) in claiming their prize. In case of claiming via other individual representation, an authorization letter must be presented together with the winner’s valid ID and of the claimant and proof of winning (email/SMS notification from Bayad). If the winner is below 18 years of age, a parent, or a legal guardian with two (2) valid government-issued IDs (Passport, Voter’s ID, SSS, TIN ID, Driver’s license, Senior citizen’s ID, etc.) must accompany them when claiming. If the winner does not have any valid government-issued Identification Card (ID), a birth certificate with other proof of identity (e.g. company ID, proof of billing, community tax certificate/cedula, etc.) should be submitted together with a duly notarized Affidavit of Two Disinterested Persons. The said affidavit shall be notarized by the winner. Winners will be given sixty (60) days upon receipt of notification to claim the prize; otherwise, it will be forfeited with the approval of DTI. Other expenses (travel, food, internet, mobile load, shipment, etc.) that will be incurred during the claiming of prizes shall be c/o the winners. CIS Bayad Center, Inc. reserves the right to refuse the redemption of the raffle prize if found fraudulent or if complete requirements are not provided. Any disputes will be subject to the decision of CIS Bayad Center, Inc. in concurrence with DTI. All employees of CIS Bayad Center, Inc., along with their affiliates, and any of their contractors, subcontractors, service providers, their respective employees’ spouses, and relatives up to the second degree of consanguinity (including relatives by legal adoption) and all other persons connected with any of these individuals and entities are excluded from joining the promo. CIS Bayad Center, Inc. reserves the right to vary these Terms and Conditions with prior approval of DTI. For any questions or inquiries regarding the promo, please contact Bayad Customer Care at (02) 8672-5777 or send an email at support@bayad.com. Per DTI Fair Trade Permit No. FTEB - 157689, Series of 2022.
READ MOREHave you received a text message asking you to click on a link to claim a prize or reward money? Beware! That could be a SMiShing scam, a way for fraudsters to get your bank account or e-wallet information! Awareness and information is key. Avoid falling victim to this kind of phishing scam by watching this short video: Facebook: https://fb.watch/jrvAl0bl9Q/ YouTube: https://youtu.be/TYEuc9WlVTs ⚠ Report any suspicious activities or transactions through our Customer Care Hotline: ☎ Call: (02) 8-405-7000 or 1-800-10-405-7000 (PLDT Domestic Toll-Free Number) ? Email: reportphishing@landbank.com #ServingTheNation #BankingOnTheFilipinoSpirit #CheckProtectReport #SMiShing
READ MORELynette V. Ortiz (right) takes her oath as the 11th President and CEO of LANDBANK before Finance Secretary and LANDBANK Chairman Benjamin E. Diokno (left) on 24 May 2023 at the DOF Building in Manila. May 24, 2023 – Seasoned banker Lynette V. Ortiz was sworn in today as the new President and Chief Executive Officer of the Land Bank of the Philippines (LANDBANK) following her recent appointment by President Ferdinand R. Marcos, Jr. She brings with her over 30 years of extensive experience in local and international banking. Ortiz formally took her oath as the 11th President and CEO of LANDBANK before Finance Secretary and LANDBANK Chairman Benjamin E. Diokno at the DOF Building in Manila. She succeeds Cecilia Cayosa Borromeo who held the post for four years. Prior to her appointment in LANDBANK, Ortiz served as the first Filipino CEO of the Standard Chartered Bank (SCB) Philippines, a post she held since October 2016. She led strategies to grow the local franchise across the various client segments and deliver sustainable financial performance. She also held various senior posts in risk management, treasury, corporate finance and capital markets in foreign and local institutions. “I recognize the highly important role of LANDBANK in nation-building, and I am keen to contribute and infuse ideas and innovations that will further fortify the Bank in fulfilling its social mandate. I hope to bring in a fresh perspective drawn from my experience working in global organizations,” Ortiz said. Ortiz has spearheaded several landmark transactions in both domestic and international capital markets for Philippine and ASEAN issuers. She serves as First Vice President in the Board of the Bankers Association of the Philippines (BAP), and is also a member of the BAP Executive Committee. She vowed to build on the gains of LANDBANK in supporting agriculture and other key industries, expanding financial inclusion, delivering assistance to marginalized and vulnerable sectors, and supporting other players in advancing inclusive development agenda. “With the support of the entire LANDBANK team, we will work to make our operations more dynamic and responsive to address the changing needs of our highly diverse customers and stakeholders, while remaining viable and competitive,” according to Ortiz. A strong advocate for diversity and inclusion, Ortiz was named UN Women 2021 Philippine Women’s Empowerment Principles Awards Champion for Leadership Commitment recognizing her role in setting strong corporate commitments and inclusive leadership.
READ MOREASA President and CEO Kamrul H. Tarafder (4th from left), LANDBANK President and CEO Lynette V. Ortiz (5th from left), and BDO Capital President Eduardo V. Francisco (rightmost), alongside other local bank leaders, lead the ceremonial signing for ASA’s P5-billion syndicated corporate notes facility on 05 July 2023 in Pasig City. The Land Bank of the Philippines (LANDBANK) has joined hands with the BDO Capital & Investment Corporation (BDO Capital) in arranging a P5-billion syndicated corporate notes facility with other domestic banks, to support ASA Philippines Foundation, Inc.’s (ASA) credit expansion for underserved women. The state-run Bank has a significant participation in the syndicated transaction, the proceeds of which will be used for ASA’s working capital to reach and empower more women in the country through the provision of accessible financing. “We, at LANDBANK, welcome this timely opportunity to advance gender equality and women empowerment. Through our collective efforts and joint resources, we can foster an equal playing field for all – regardless of gender – to further boost economic productivity and growth,” said LANDBANK President and CEO Lynette V. Ortiz. ASA’s five-year corporate notes issuance was classified as the first-ever Gender Bonds in the country, as certified by social bond second-party opinion provider DNV and registered with the Securities and Exchange Commission (SEC). The issuance of the first-of-its-kind bonds was launched on 05 July 2023 in Pasig City, following a ceremonial signing between ASA President and CEO Kamrul H. Tarafder, LANDBANK President and CEO Ortiz, BDO Capital President Eduardo V. Francisco, and other industry leaders for ASA’s notes facility. Joining them were Bangko Sentral ng Pilipinas (BSP) Deputy Governor Bernadette Romulo-Puyat, ASA Board Member Eric L. Gotuaco, and other development partners. LANDBANK Investment Banking Group and BDO Capital jointly arranged the syndicated transaction, with RCBC Trust and Investment Group serving as the Security Trustee and Notes Facility Agent. Other lenders to the transaction include the BDO Unibank, Inc., Philippine National Bank, Bank of the Philippines Islands, and Security Bank. LANDBANK has been supporting ASA’s expansion since 2014, as part of its steadfast support to microfinance organizations in the country. The new partnership likewise complements the state-run Bank’s efforts to provide ample opportunities for women entrepreneurs.
READ MOREAs of Wed, July 16, 2025
| Buying | Selling | |
|---|---|---|
| USD | 56.55 | 57.05 |
| JPY | 0.374635 | 0.389138 |
| EUR | 64.687914 | 67.18807 |
| GBP | 74.633892 | 77.518456 |
| HKD | 7.177955 | 7.712475 |
As of Tue, July 15, 2025
| UITF | NAVPU |
|---|---|
| Cash Management Fund | 1.571702 |
| Money Market Fund | 1.321913 |
| Money Market Plus Fund | 1.234133 |
| PERA Money Market Fund | 1.030148 |
| Medium-Term Bond Fund | 2.490478 |
| Bond Fund | 2.043517 |
| PERA Bond Fund | 1.212978 |
| Balanced Fund | 2.718687 |
| Growth Fund | 2.665177 |
| Alpha Equity Fund | 3.19692 |
| Blue Chip Equity Fund | 0.991579 |
| Equity Fund | 0.83949 |
| High Dividend Equity Fund | 1.036588 |
| US$ Money Market Fund | 1.441374 |
| Global $ Fund | 1.545356 |
