LANDBANK inaugurates the new ATM in Aguinaldo, Ifugao led by Aguinaldo Mayor Gaspar Chilagan Jr. (4th from right) and LANDBANK Santiago Branch Head AVP Virginia Savilla (3rd from right), which will serve all 16 barangays in the municipality. AGUINALDO, Ifugao – In line with advancing financial inclusivity, the Land Bank of the Philippines (LANDBANK) recently inaugurated its new offsite ATM in the Municipality of Aguinaldo, Ifugao. As the only financial institution servicing the municipality, LANDBANK’s ATM located at the Ubao Barangay Hall will play a vital role in addressing the financial needs of the 16 barangays in Aguinaldo, as well as other neighboring towns. Aguinaldo Mayor Gaspar Chilagan Jr. and LANDBANK Santiago Branch Head AVP Virginia Savilla led the ceremonial event on 05 September 2023, together with other local officials. "We remain steadfast in expanding our touchpoints to provide accessible and responsive financial support and services nationwide, especially in unbanked and underserved areas in the countryside," said LANDBANK President and CEO Lynette V. Ortiz. The new LANDBANK ATM will add to the two point-of-sale (POS) terminals of the Aguinaldo Pomochan Multi-Purpose Cooperative, a LANDBANK Agent Banking Partner (ABP) that provides basic financial transactions on behalf of the Bank. "We extend our heartfelt gratitude to LANDBANK for this invaluable ATM addition, sparing our residents the unnecessary hassles of seeking distant banking facilities. This initiative significantly enhances the accessibility and convenience of banking services within our community," said Mayor Chilagan. The strategic placement of the LANDBANK ATM will also benefit various segments of the community, including municipal government employees, pensioners, teachers, police and military personnel, 4Ps beneficiaries, senior citizens, jeepney operators and drivers, and other recipients of the national government’s social programs. LANDBANK continues to step up the expansion of its touchpoints to help bridge the gap of financial accessibility for residents in remote areas, contributing to economic growth and development in the regions. The state-run Bank is celebrating its 60th anniversary this year, representing six decades of uplifting lives, empowering communities, and serving the nation — all in pursuit of an inclusive and sustainable economy.
READ MORE(left photo) Philippine Ambassador to Italy Neal Imperial (middle), LANDBANK President and CEO Lynette V. Ortiz (leftmost), and OFBank President and CEO Randolph L. Montesa (rightmost) sign an agreement for the conduct of financial education seminars for overseas Filipinos in Italy at the Philippine Embassy in Rome on 12 October 2023. (right photos) Leaders and members of Filipino communities in Rome and Milan participate in the financial education seminars conducted by LANDBANK and OFBank, in partnership with other government agencies. About 180,000 Filipinos living and working in Italy and Switzerland are expected to benefit from a series of free financial education seminars of the Land Bank of the Philippines (LANDBANK) and the Overseas Filipinos Bank (OFBank), in line with the National Government’s push for greater financial inclusion. The state-run banks will be working closely with the Philippine embassies and consulates from the two countries, along with the Department of Migrant Workers’ (DMW) overseas operating arms, to provide overseas Filipinos (OFs) and overseas Filipino workers (OFWs) with basic knowledge on saving, digital banking, financial security, and investing. The free financial education seminars also cover discussions on innovative banking solutions offered by LANDBANK and OFBank to better manage finances, which include safe and secure savings options, real-time fund transfer service for remittances, investment instruments, and loan products. “Providing financial education—particularly to our kababayans abroad—goes a long way in contributing to the economic growth and stability of the Philippines. This will complement ongoing efforts of other government agencies to support and empower OFWs and other Filipinos overseas towards greater financial freedom, stability, and prosperity,” said LANDBANK President and CEO Lynette V. Ortiz. Financial education seminars for around 167,000 Filipinos in Italy will be organized as part of the agreement between LANDBANK, OFBank, and the Philippine Embassy in Rome. This collaboration was formalized by Philippine Ambassador to Italy Neal Imperial, LANDBANK President Ortiz, and OFBank President and CEO Randolph L. Montesa on 12 October 2023 at the Philippine Embassy in Rome. Following the agreement, three financial education seminars were held in the cities of Rome, Milan, and Bologna from October 12 to 15 that gathered around 350 leaders and members of Filipino communities in Italy. Participants were able to open OFBank accounts during the seminars and enjoy the convenience of digital banking. In coordination with the Philippine Mission to the United Nations and Philippine Consulate General in Geneva, LANDBANK and OFBank also conducted a financial education seminar in Geneva, Switzerland on 16 October 2023. About 80 overseas Filipinos participated in the event and successfully opened online bank accounts. The state-run banks aim to hold free seminars in Switzerland for the benefit of over 14,600 overseas Filipinos there. LANDBANK and OFBank remain steadfast in their mutual commitment to promoting financial inclusion and security among overseas Filipinos and their families by equipping them with the necessary financial knowledge and resources.
READ MORECelebrate Christmas with Mastercard at Ayala Land Estates and Ayala Hotels! PROMO PERIOD: November 24, 2023 - January 31, 2024 ELIGIBILITY 1. The promotion is open to all principal and supplementary cardholders of Mastercard credit, debit, and prepaid cards issued in the Philippines. 2. Employees of Ayala Land Estates, Ayala Land Hotels and Mastercard, their merchants, maintenance and security agencies, advertising and promotional agencies, and their relatives up to the second degree of affinity or consanguinity, are disqualified from joining the promotion. Per DTI Fair Trade Permit No. FTEB-180903 Series of 2023. 3. To join the promotion, cardholders must use a valid Mastercard card for a minimum P3,000 single receipt purchase at Fairmont Hotel, Spectrum Restaurant, Raffles Hotel, Mireio, Writer's Bar, Holiday Inn & Suites Makati, Flavors Restaurant, Oz Bar, Seda Residences Makati, Misto Makati, Straight Up Bar and Misto Café in Seda Nuvali, Seda Hotel Nuvali 4. Straight and installment transactions using a valid Mastercard card in-store paid via card present are eligible for the promotion. 5. Qualified cardholders can also enjoy: • 20% off on a la carte food and 15% off on drinks from Sunday to Thursday at Mireio & Writers Bar, Raffles Hotel; Flavors Restaurant & Oz Bar, Holiday Inn & Suites Makati; Misto Makati & Straight Up Bar, Seda Residences Makati; and Misto Restaurant (café not included), Seda Hotel Nuvali • 20% off on buffet offer on weekends and 10% discount on weekdays at Spectrum Restaurant (Lunch & Dinner only), Fairmont Hotel; Flavors Restaurant, Holiday Inn & Suites Makati; Misto, Seda Residences Makati; and Misto, Seda Hotel Nuvali • 20% off on hotel accommodations based on Best Available Rate at Fairmont Hotel; Raffles Hotel; Holiday Inn & Suites Makati; Seda Residences Makati; Seda Hotel NuvalI 6. Cardholders whose accounts are suspended or terminated are not eligible to join the promotion. HOW TO JOIN? 1. A minimum P3,000 single receipt purchase at Fairmont Hotel, Spectrum Restaurant, Raffles Hotel, Mireio, Writer's Bar, Holiday Inn & Suites Makati, Flavors Restaurant, Oz Bar, Seda Residences Makati, Misto Makati, Straight Up Bar, Restaurant and Misto Café in Seda Nuvali, and Seda Hotel Nuvali gives the cardholder raffle coupon/s (1 coupon for every P3,000 value) for chance to win a shopping spree or overnight stay at participating hotels. 2. Promotion Period is from November 24, 2023 to January 31, 2024 3. Cardholder must completely fill-out the following details on the microsite: ● Full name ● Email address ● Mobile Number ● Complete Address ● Unique Reference Number (Autogenerated - will be sent via email) 4. Upon completing the registration for your entry and making a minimum single-receipt transaction of P3,000 using a Mastercard, cardholder will receive an email confirmation for your raffle entry, specifying the number of coupons generated. PRIZES 1. Tax (including 20% withholding tax for prizes exceeding P10,000.00) and other expenses that will be incurred in relation to the prize shall be shouldered by Ayala Land Estates and Ayala Land Hotels. 2. Prizes are transferable but not convertible to cash. SELECTION AND NOTIFICATION OF WINNERS 1. All valid entries will be qualified to corresponding # e-raffle tickets are eligible to participate in the eRaffle Draw and have a chance to win. 2. Random winners will be drawn electronically, in the presence of a DTI representative on February 2, 2024. All e-raffle entries will be randomly selected using an E-Raffle Pick Platform (randomizer) to determine the winners. 3. The more raffle entries a participant has, the greater his/her chances of winning more prizes. 4. Each entry can only win once. Winning entries will be removed from the pool and will not be eligible to win twice. 5. Winners will receive a confirmation message through Email informing him/her of the result and the winning prize amount after the official draw and their names will be posted at Ayala Corp, Nuvali, and Make it Makati official Facebook Page. 6. Prizes can be claimed by responding to the email notification from the authorized representative of Ayala Land Partner Agency (Lightweight Solutions). 7. Prizes should be claimed within sixty (60) days from the receipt of notice or it will be forfeited in favor of Ayala Land Estates and Ayala Land Hotels with prior approval of DTI. OTHER TERMS AND CONDITIONS 1. We pledge to plant a tree every raffle entry, with Priceless Planet Coalition (PPC), up to 50k trees. 2. The participant is providing information to Ayala Land and Lightweight Solutions Inc. 3. Promotion is applicable for dine-in and take-out transactions only. 4. Promotion is not eligible in conjunction with any other promo discount or fixed price items, and excludes holidays and special occasions (Dec 24, Dec 25, Dec 31, 2023 and January 1, 2024) 5. Promotion can be availed in a single-receipt transaction only per table per visit 6. Cardholders are allowed to use only one (1) credit card per transaction. Discount is applicable only to one qualified card per transaction, per cardholder. Splitting of a single-transaction for the purpose of availing multiple discounts is prohibited. 7. Cardholders must present and use a valid Mastercard to pay for his/her bill. 8. Offer is non-transferable and non-convertible to or cash gift certificate nor applicable for installment transactions. 9. All other fees pertaining to the transaction (e.g. taxes) will be shouldered by the customer. 10. In the purchase of goods and services in connection with this promotion, persons with disability (PWD)/ Senior Citizens can either avail of the promotion discount or the discount provided under the Magna Carta for Persons with Disability / Expanded Senior Citizen Act of 2010, whichever is higher.
READ MORETo our valued clients, suppliers and stakeholders: We would like to warn you about reports of phone scams where callers are claiming to be connected with Land Bank of the Philippines (LANDBANK) to solicit monetary donations on our behalf. Please be informed that LANDBANK, or any of its officers and employees, will never solicit any favor, whether in cash or in-kind, from our clients, suppliers, stakeholders and the general public. As civil servants, we are bound by Republic Act 6713, otherwise known as the “Code of Conduct and Ethical Standards for Public Officials and Employees.” We likewise strictly adhere to LANDBANK’s Code of Conduct – to be accountable at all times, and to discharge our duties with utmost responsibility, integrity, excellence and professionalism. If you receive such calls, please report this fraudulent incident immediately through our Customer Care Hotline at telephone number (02) 8-405-7000 or 1-800-10-405-7000 (PLDT Domestic Toll-Free Number). You may also email us at reportphishing@landbank.com. Thank you. Download PDF version
READ MORE(seated) LANDBANK President and CEO Lynette V. Ortiz (3rd from right) and Ayala Healthcare Holdings (AC Health) and Healthway Cancer Care Hospital (HCCH) Chairman Paolo Maximo Borromeo (4th from right) formalize a P500-million loan agreement in support of HCCH on 10 January 2024 in Taguig City. Joining them as witnesses from LANDBANK are Executive Vice President Ma. Celeste A. Burgos (2nd from right) and Senior Vice President Lucila E. Tesorero (rightmost), alongside Healthway Medical Network (HMN) and HCCH President and CEO Jaime E. Ysmael (5th from right) and AC Health and HCCH Chief Finance Officer Ruby P. Chiong (leftmost). TAGUIG CITY – The Land Bank of the Philippines (LANDBANK) has granted a P500-million loan to the newly inaugurated Healthway Cancer Care Hospital (HCCH) in Arca South, Taguig City. HCCH is under AC Health’s hospitals and clinics arm, the Healthway Medical Network (HMN), and is the first dedicated comprehensive cancer hospital in the Philippines. The loan will fund the Hospital’s general corporate requirements, which includes acquisition of essential medical equipment, to enhance the hospital’s capacity to provide the best care to patients battling cancer. This is in line with enhancing access to quality and affordable cancer treatment in the country. "Healthcare is a very important pillar to us at LANDBANK. And this P500-million transaction to boost the operations of Healthway Cancer Care Hospital will go a long way towards providing responsive and accessible cancer care. We hope that this is the start of a fruitful and meaningful partnership that will span many years," said LANDBANK President and CEO Lynette V. Ortiz. The signing ceremony was led by LANDBANK President and CEO Ortiz and AC Health and HCCH Chairman Paolo Maximo Borromeo on 10 January 2024 at the Healthway Cancer Care Hospital in Taguig City. Also present as witnesses were LANDBANK Executive Vice President Ma. Celeste A. Burgos and Senior Vice President Lucila E. Tesorero, alongside HMN and HCCH President and CEO Jaime E. Ysmael and AC Health and HCCH Chief Finance Officer Ruby P. Chiong. HCCH offers a range of treatment modalities, including chemotherapy, radiation, surgery, and diagnostics, catering to a broad base of patients. "The involvement of LANDBANK underscores the power of partnerships in creating a sustainable model that addresses the immediate challenges of cancer care while contributing to the larger mission of improving the overall health landscape in the Philippines – allowing us to sustain our facility, to deliver world-class cancer care and implement innovative solutions that drive down costs. LANDBANK’s support is an endorsement of our vision of transformative, inclusive healthcare," said AC Health and HCCH Chairman Borromeo. HMN and HCCH President and CEO Ysmael added, “The generous support extended by LANDBANK has not only provided us with the necessary resources to keep turning our dream into reality but has also reinforced the belief that, when fighting cancer, we are not alone. This support goes beyond monetary value; it reflects a shared commitment to help others.” HMN is a subsidiary of AC Health, which is a wholly-owned subsidiary of the Ayala Corporation. By fostering collaboration and investing in critical healthcare infrastructure, LANDBANK is strengthening the country’s healthcare system and promoting healthier and more fulfilling lives for Filipinos. ABOUT LANDBANK LANDBANK is the largest development financial institution in the country promoting financial inclusion, digital transformation and sustainable development to benefit Filipinos. It is committed to provide responsive and meaningful services beyond banking, while leveraging on innovative technology for safe, convenient, and accessible digital banking solutions.
READ MOREPhil na phil ba ang pagiging PhilID holder? Maaaring gamitin ang iyong Philippine Identification Card (PhilID) o PSA-provided printed digital PhilID (ePhilID), kabilang ang ibang pangunahing IDs, sa pagbukas ng LANDBANK account. Ayon sa Republic Act No. 11055 at PSA Public Advisory dated 05 October 2022, ang PhilID at ePhilID ay magsisilbing opisyal na government-issued identification document para sa mga government at private transactions. Note: Sa pagkakataon na hindi ma-validate ang iyong PhilID dahil sa iba’t-ibang kadahilanan (e.g., hindi mabasa na QR code, disconnected internet, technical difficulties sa online PSA authenticator tool, etc.), magdala lamang ng extra IDs bilang iyong back-up. Para sa kumpletong listahan ng valid IDs at karagdagang impormasyon ukol sa account opening: https://www.landbank.com/cards/atm-savings-account.
READ MOREAfter 25 years in service, retired policeman Ritchie Tenegra ventured into poultry farming, and through LANDBANK’s support, now contributes to enhancing food security for the local community. LEON, Iloilo – From his sworn oath to ‘serve and protect’ the community for 25 years as a dedicated police officer, Ritchie Tenegra shifted his focus towards an equally meaningful purpose: food security. He has since embraced retirement by pursuing his other passion of poultry farming, and is now one of the reliable food suppliers in this town. At a young age, Ritchie saw the potential of animal farming through his parents who owned a piggery. He later followed their footsteps and established his own small piggery in his backyard in 2010 as an additional source of income to support his family. While still in the police force, he had limited capital to start his piggery operations. So Ritchie applied to be a beneficiary of the Swine Dispersal Program of the Department of Agriculture (DA), and was provided his very first piglet that he grew and multiplied. “Mahirap pagsabayin ang pagpupulis at pag-aalaga ng baboy, pero kailangan ng tiyaga dahil kulang talaga para sa pamilya ko ang sahod ko, lalo na’t may mga anak akong nag-aaral,” he said. (It's hard to be a police enforcer and raise pigs at the same time, but it takes patience because my salary is really not enough for my family, especially since I have children still in school.) Encouraged by a fellow cop to diversify his farm with a chicken coop, he delved into poultry farming in 2013, starting with a mere 20 heads. Upon retiring from the service in 2020, Ritchie dedicated himself to full-time farming, and applied for a loan from the Land Bank of the Philippines (LANDBANK) to expand his piggery. However, just a week after his loan was approved, the African Swine Flu outbreak hit the country, which devastated the local pig industry. Eager to push through with his new purpose, Ritchie shifted his focus towards expanding his chicken coop through LANDBANK's Agricultural Competitiveness Enhancement Fund (ACEF) Lending Program, where he secured a P1 million loan to fund the improvement of his poultry farm in 2022. "Malaking tulong talaga ang LANDBANK sa pagpapalago ng manukan ko. Saan ka makakita ng loan sa bangko na isang milyon, tapos P20,000 lang ang interes taon-taon? Kaya malaki talaga ang pasalamat ko sa LANDBANK," Ritchie said. (LANDBANK has really been a huge help in growing my chicken coop. Where can you find a bank loan of one million, then the interest is only P20,000 every year? So I am really grateful to LANDBANK.) From the 20 chickens in a 4-by-6-meter coop in his backyard, the loan supported the scaling up of his poultry operations to an increase in his flock size to 2,000 breeders, and the expansion of his coop to cover an area of 2,000 square meters. In less than a year since his expansion, Ritchie has become a reliable supplier for the DA’s Chicken Dispersal Project, wherein they give away hens to aspiring poultry farmers—just like Ritchie once was. He has also become an established supplier of poultry products for local eateries and restaurants. “Kung hindi dahil sa LANDBANK, hindi lalaki nang ganito itong manukan namin. Malaki talaga ang naitulong ng LANDBANK sa pamilya ko,” said Ritchie. (If it wasn't for LANDBANK, our chicken coop wouldn't grow like this. LANDBANK really helped my family a lot.) LANDBANK remains steadfast in its commitment to servicing the growth requirements of farmers like Ritchie nationwide. In partnership with the DA, LANDBANK provides necessary credit to farmers and fishers, plus their cooperatives and associations, as well as micro and small enterprises (MSMEs) through the ACEF Lending Program, which helps increase their production and enhance their competitiveness. As of January 2024, LANDBANK has released a total of P12.1 billion in loans under the ACEF program towards fostering sustainable and inclusive growth in the agriculture sector. ABOUT LANDBANK LANDBANK is the largest development financial institution in the country promoting financial inclusion, digital transformation and sustainable development to benefit Filipinos. It is committed to provide accessible and responsive financing to drive the agriculture sector’s productivity and competitiveness, while championing sustainable development in the countryside.
READ MOREWith support from LANDBANK, brothers Alex and Raymond Abelido were able to establish Tierra del Sur Farms, Inc., in San Agustin, Romblon, which is currently the largest commercial poultry farm in the province supplying around 54,000 fresh farm white eggs daily. SAN AGUSTIN, Romblon – With its local small-scale poultry farms having limited egg production capacity, this Province mainly relies on imported chicken eggs to fully sustain the daily requirements of consumers, restaurants and other local businesses. Bulk of Romblon’s egg supply are shipped from other areas in the country, making its supply vulnerable to transportation disruptions caused by adverse weather conditions and other unexpected delays. These constraints were in full display during the previous imposition of lockdown measures and travel restrictions at the height of the COVID-19 pandemic. Local businessmen and brothers Alex and Raymond Abelido saw this demand-supply gap as an opportunity to establish Tierra del Sur Farms, Inc., a commercial poultry farm to help strengthen local egg production and cut down egg imports. “Growing Romblon’s poultry production is part of our vision to build a more sustainable food system in Romblon. This is our contribution towards ensuring food security in the province,” said Tierra del Sur Farms President and CEO Alex Abelido. Branching out from their existing construction business, the Abelido brothers faced the challenge of venturing into agriculture and building the largest poultry farm in the province to-date. In 2023, the Land Bank of the Philippines (LANDBANK) extended credit assistance amounting to P160 million to re-finance the construction of facilities in their 17-hectare farm in Romblon. The LANDBANK loan helped put up necessary facilities such as four poultry buildings, as well as feeds and tools warehouses, workers' quarters and an organic fertilizer plant. Part of the loan also supported the acquisition of ready-to-lay chickens and covered the purchase of chicken feeds, among other operational expenses. Not long after having 25,000 laying hens at the beginning of their operations, Tierra del Sur Farms, Inc. now has around 60,000 laying hens in their Romblon farm producing about 54,000 eggs daily. These eggs are distributed to the different island municipalities of the province, including Tablas Island. Locals are now able to buy eggs at a much cheaper price, with each piece sold at a farm gate price of P7.00 compared to imports that cost around P10.00 per piece. Having locally produced eggs likewise ensures quality and availability in the province, as compared to imported eggs which could take days to reach the province. Tierra del Sur Farms, Inc. is able to produce over 250,000 eggs daily, distributed in the islands of Romblon and other parts of the country, including Batangas, Rizal, and Manila. With the success of their Romblon poultry farm, Tierra del Sur Farms, Inc. likewise sought the assistance of LANDBANK in expanding their operations to Calatagan, Batangas. They availed a P430-million loan to finance the construction of poultry buildings and support facilities such as an organic fertilizer plant, sewage treatment plant, and warehouses. The Batangas poultry farm houses around 250,000 laying hens in seven fully automated and mechanized poultry buildings. It produces about 200,000 eggs daily, shipped to various trade partners in Batangas, Rizal, and Manila. “We would like to thank LANDBANK for its support as we achieve our goals of empowering local communities and ensuring food security. We look forward to their continued support as we plan to expand the reach of our operations even further to neighboring provinces,” said Raymond Abelido, Tierra del Sur Farms, Inc. Corporate Treasurer and manager. As of end-March 2024, LANDBANK’s outstanding loans to the poultry sector has reached P15.5 billion to finance the production of chicken and duck eggs, breeding of poultry, and sale of poultry meat and products, among other projects. Building a sustainable circular economy As part of Tierra del Sur Farms, Inc.’s advocacy to operate with minimal ecological footprint, the farm prides itself on employing sustainable methods for waste management to reduce environmental impact and protect natural resources. Through a sewage treatment plant also financed by LANDBANK, the farm recycles wastewater as drinking water for their chickens, thereby reducing costs and preventing water pollution. LANDBANK’s assistance likewise enabled the farm to construct an organic fertilizer plant to produce their own fertilizer from chicken manure. These fertilizers are sold to local farmers to help improve soil quality and agricultural production. Tierra del Sur Farms, Inc. was also recently recognized for the good quality of their fertilizer and tapped by the Philippine Coconut Authority (PCA) through a joint venture to supply organic fertilizer to coconut farmers nationwide. Their new collaboration aims to boost coconut production while promoting proper poultry waste management, as the Abelido brothers work towards making their business more sustainable and self-sustaining. ABOUT LANDBANK LANDBANK currently operates a total of two Branches in the Province of Romblon, complemented by seven ATMs and one cash deposit machine, to facilitate accessible, convenient, and secure banking services. LANDBANK is the largest development financial institution in the country promoting financial inclusion, digital transformation and sustainable development to benefit Filipinos. The Bank is present in all 82 provinces in the country, committed to provide accessible and responsive financing to drive the agriculture sector’s productivity and competitiveness, while championing sustainable development in the countryside.
READ MORELand Bank of the Philippines (LANDBANK) is launching its new GoBayani savings account designed to financially empower OFWs and overseas Filipinos with secure and reliable banking services. LANDBANK GoBayani is a digital deposit account that provides Filipinos abroad access to the Bank’s digital banking services and conveniently perform their transactions online, such as sending money to their families via fund transfer. Accountholders can also perform e-commerce transactions and receive remittance via Visa Direct through Visa partners abroad. GoBayani users can also digitally pay bills and other dues, which will soon include monthly contributions to Pag-Ibig Fund, Social Security System (SSS), and PhilHealth. “We are cheering on our kababayans abroad to save and grow their money through LANDBANK GoBayani. We want to support every step of their journey towards financial independence for them and their families back home,” said LANDBANK President and CEO Lynette V. Ortiz. LANDBANK is set to visit overseas Filipinos in United Arab Emirates, Japan, Hong Kong and Taiwan in June to promote LANDBANK GoBayani and other digital banking services. Open a GoBayani account via the LANDBANK app Overseas Filipinos can fully open a LANDBANK GoBayani savings account with no initial deposit and maintaining balance via their smartphones within minutes, through the new straight-through account opening feature of the LANDBANK Mobile Banking App (MBA). “Investing in our digital infrastructure forms part of our response to the increasing demand for convenient digital solutions. We are continuously enhancing our digital offerings to deliver a seamless banking experience to our customers and expand financial access to all,” said LANDBANK President and CEO Ortiz. Aside from GoBayani, customers can also open a LANDBANK PISO Plus basic deposit account and a regular LANDBANK Visa debit account through the MBA to help build their savings and start their financial journey. The LANDBANK MBA is a free application that offers seamless and convenient online fund transfers, bills payment, balance inquiry, and salary loan services. Using the MBA, LANDBANK customers also enjoy free fund transfers to other banks via InstaPay and PESONet for the first three transactions in a day worth P1,000 and below. To open a LANDBANK account, interested clients need only their smartphones downloaded with the latest version of the LANDBANK MBA, a secure Internet connection, and any of the following valid identification cards: Philippine Passport, Driver’s License, SSS, UMID, PRC ID, or PhilSys ID. ABOUT LANDBANK LANDBANK is the largest development financial institution in the country promoting financial inclusion, digital transformation and sustainable development to benefit Filipinos. The Bank is present in all 82 provinces in the country, committed to providing accessible and affordable financial support to key players and industries as part of its broader thrust of serving the nation.
READ MORECustomers can now open a Land Bank of the Philippines (LANDBANK) savings account completely online via smartphones, as the Bank continues to serve the growing preference of customers for digital solutions and promote financial inclusion. LANDBANK has upgraded its Mobile Banking App (MBA) with a new straight-through account opening feature which allows customers to open a digital account instantly from anywhere, at any time, without visiting a LANDBANK Branch. Through the MBA, customers can open a LANDBANK PISO Plus basic deposit account, a regular LANDBANK Visa debit account, and the new GoBayani savings account designed for overseas Filipinos, to help build their savings and start their financial journey. To open a LANDBANK account, interested clients need only their smartphones downloaded with the latest version of the LANDBANK MBA, a secure internet connection, and any valid identification card such as a Philippine Passport, Driver’s License, SSS, UMID, PRC ID, or PhilSys ID. "We are dedicated to continue expanding our digital offerings to bring more Filipinos into the financial mainstream. Opening a LANDBANK account has never been easier, and we hope more customers can get to experience the benefits of our convenient and secure banking services," said LANDBANK President and CEO Lynette V. Ortiz. The LANDBANK MBA is a free application that offers seamless and convenient online fund transfers, bills payments, balance inquiries, and salary loan services. Using the MBA, LANDBANK customers also enjoy free fund transfers to other banks via InstaPay and PESONet for the first three transactions in a day worth P1,000 and below. Q1 2024 Digital Banking Performance The LANDBANK MBA recorded a remarkable 96% increase in usage during the first three months of 2024, as transactions soared to 20.9 million from 10.7 million recorded in the same period in 2023. Fund transfers and bills payment transactions drove the transaction volume growth, as the MBA generated a 42% increase in total transaction value or P89.3 billion compared to P63 billion last year. The LANDBANK MBA also led the 63% growth or a total of 30.79 million transactions across all of the Bank’s major digital channels, reaching P1.95 trillion in total transaction value. The state-run Bank’s other digital channels include iAccess, an online retail banking channel; corporate internet banking platform, weAccess; web-based payment channel, Link.BizPortal; real-time web-based remittance system for overseas Filipinos, i-Easy Padala; alternative payment channel, Electronic Tax Payment System (eTPS); facility for institutional clients and national government partners, Electronic Modified Disbursement System (eMDS); and electronic bulk disbursement facility, Bulk Crediting System (LBCS). LANDBANK remains committed to enhancing its digital infrastructure to deliver seamless banking experiences and meet the evolving needs of customers. ABOUT LANDBANK LANDBANK is the largest development financial institution in the country promoting financial inclusion, digital transformation and sustainable development to benefit Filipinos. The Bank is present in all 82 provinces in the country, committed to providing accessible and affordable financial support to key players and industries as part of its broader thrust of serving the nation.
READ MOREAs of Fri, May 2, 2025
Buying | Selling | |
---|---|---|
USD | 55.55 | 56.05 |
JPY | 0.377079 | 0.391677 |
EUR | 61.830814 | 64.229657 |
GBP | 72.734752 | 75.556633 |
HKD | 7.135926 | 7.668369 |
As of Wed, April 30, 2025
UITF | NAVPU |
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Cash Management Fund | 1.558326 |
Money Market Fund | 1.311473 |
Money Market Plus Fund | 1.223865 |
PERA Money Market Fund | 1.024157 |
Medium-Term Bond Fund | 2.473735 |
Bond Fund | 2.028301 |
PERA Bond Fund | 1.202455 |
Balanced Fund | 2.625609 |
Growth Fund | 2.598945 |
Alpha Equity Fund | 3.025756 |
Blue Chip Equity Fund | 0.970814 |
Equity Fund | 0.790417 |
High Dividend Equity Fund | 1.009225 |
US$ Money Market Fund | 1.432555 |
Global $ Fund | 1.531474 |