State-run Land Bank of the Philippines (LANDBANK) expressed its continuous support for the Bureau of Internal Revenue’s (BIR) tax collection modernization efforts, as the Bureau launched a renewed campaign to enhance taxpayer services to be more accessible, secure, and convenient. Alongside the United States Agency for International Development (USAID) and other financial institutions, LANDBANK joined the BIR’s “Taxpayer FIRST” initiative, which stands for Fast, Innovative, Reliable, Secure, and Technology-driven developments to drive better tax administration. Prior to the campaign launch on 10 December 2021, LANDBANK has already been providing taxpayers with a safe, reliable, and efficient online payment solution to conveniently pay their taxes through its Link.BizPortal facility. “The LANDBANK Link.BizPortal fits BIR’s ‘Taxpayer FIRST’ campaign as it offers fast payment transactions; provides an innovative and cashless solution; round-the-clock reliability and accessibility; secure and real-time processing; and the latest technology to facilitate transactions via computers and mobile devices,” said LANDBANK President and CEO Cecilia C Borromeo. The Link.BizPortal allows customers to pay tax liabilities online via the BIR or LANDBANK websites, thereby eliminating the need to wait in line at BIR regional and district offices. The Bank also underscored the sustained increase in the usage of the Link.BizPortal for tax payments, from recording 6,466 transactions in 2017 to 399,597 in 2020. For the first 10 months of 2021, the LANDBANK Link.BizPortal has successfully facilitated 530,546 tax payment transactions amounting to P1.3 billion, representing increases of 65% and 78%, respectively, compared to the same period last year. Aside from tax payments, the LANDBANK Link.BizPortal also allows individuals and institutional customers to pay for various products and services online for over 800 enrolled partner-merchants nationwide. From January to October 2021, the Link.BizPortal has facilitated a total of 3.26 million transactions worth P8.38 billion, for 90% and 22% growth rates year-on-year, respectively. The upsurge is consistent across LANDBANK’s major electronic channels, which have collectively recorded a 54% rise in value, totaling an unprecedented P1.88 trillion. LANDBANK’s digital banking platforms promote efficient payment systems in support of the National Government’s Ease of Doing Business initiative.
READ MOREIn partnership with the Cooperative Development Authority (CDA), the Land Bank of the Philippines (LANDBANK) is holding financial literacy trainings to small and micro cooperatives from unbanked and underserved municipalities to aid their recovery under the new normal. Through the Financial Inclusion Through Cooperatives (FIT-Coop) Program, LANDBANK is capacitating small and micro cooperatives to enhance their business operations while linking them to appropriate government agencies for the improvement of their services. For the first 10 months of the year, LANDBANK—through the LANDBANK Countryside Development Foundation, Inc. (LCDFI)—has conducted nine financial literacy trainings for 18 cooperatives with 193 members from nine unbanked municipalities nationwide. “Technical assistance forms part of LANDBANK’s holistic support in service of small and micro cooperatives, especially in unbanked and underserved areas in the country. Together with the CDA, we are focused on building the resiliency of our partner-cooperatives to spur economic activity and fast-track our collective recovery,” said LANDBANK President and CEO Cecilia C. Borromeo. Through the FIT-COOP Program, LANDBANK and CDA also conducted an online survey early this year to identify the specific training needs and challenges faced by small and micro cooperatives in their daily operations. Results from Central Visayas and Caraga regions showed that recurring constraints for cooperatives include slow internet access, lack of potable water systems, and difficult road conditions, among others. To help address these issues, the results of the survey were coordinated with appropriate government agencies for possible development interventions and support.
READ MOREThe stockholders of the United Coconut Planters Bank (UCPB) have approved the merger plan with the Land Bank of the Philippines (LANDBANK), effectively advancing the ongoing fusion of the two government banks into a unified and stronger institution for promoting inclusive and sustainable development. Shareholders representing 97.2% of the total outstanding capital stock of UCPB voted in favor of the Plan of Merger and Articles of Merger between UCPB and LANDBANK during the UCPB stockholders meeting held on 14 December 2021. As the surviving entity of the merger, LANDBANK’s total assets will grow to close to P3.0 trillion, further solidifying its position as the country’s second-largest bank in terms of assets. As of the first nine months of the year, LANDBANK’s net income grew by 21.2% to P16.72 billion from P13.8 billion in the same period last year, raising total assets by 13.6% to P2.564 trillion from P2.257 trillion. The Bank’s capital also rose by 25.77% to P208.17 billion from P165.52 billion year-on-year. LANDBANK has also consistently complied with the Agri-Agra Law, with the Bank's agriculture loans reaching 76.95% of its total lending portfolio and 11.52% for agrarian reform credit as of December 2020. Coconut farmers and other workers in the agricultural sector stand to benefit most from LANDBANK's enhanced financial muscle, as evidenced by the Bank's consistently growing agriculture lending from P222.05 billion in 2018, to P236.31 billion in 2019, and P237.62 billion in 2020. Customers of LANDBANK and UCPB will also gain access to a wider branch and ATM network, with a combined 667 branches and 2,722 ATMs nationwide, and benefit from a wider range of products and services. “With this merger, we are looking forward to a stronger, more resilient and unified banking institution that will promote and broaden financial inclusion among Filipinos, especially those who belong to the underserved and unbanked sectors,” said LANDBANK President and CEO Cecilia C. Borromeo. LANDBANK also reiterated that it is more than capable of absorbing the financial impact of the merger with UCPB, as its assets and liabilities will similarly expand total deposits, loans, and capital. Meanwhile, LANDBANK assured the customers of both banks that deposits will remain intact and secured in their current servicing branches, as banking services will continue to be unhampered and uninterrupted, while ensuring that the rights of all shareholders are upheld and protected. The merger between LANDBANK and UCPB is pursuant to Executive Order No. 142 signed by President Rodrigo Duterte on 25 June 2021, which approved the merger to form a better capitalized and more resilient institution that will play a principal role in the National Government’s development and financial inclusion agenda.
READ MOREWith consumers expected to do millions of pesos worth of shopping online this holiday season, the Land Bank of the Philippines (LANDBANK) advises its customers to remain vigilant against online banking fraud and assures that the Bank maintains the highest level of security in all its systems. “As online shopping becomes a more prudent option to limit physical contact during this season, we would like to remind our customers to be on their guard against different forms of cyber fraud. The best way to avoid becoming a fraud victim is to stay vigilant by being familiar with the online red flags,” said President and CEO Cecilia C. Borromeo. The state-run Bank warns customers to ignore suspicious emails, social media messages, SMS, links and attachments, especially from unknown senders. It also reminds customers to be wary of fake websites, social media accounts and fraudulent transactions by checking and verifying the site’s URL, the sender’s email address, social media account, or phone number. Customers are advised not to share their username or log-in ID and password to anyone, and keep critical financial information private, including the card number, card expiry date, credit verification value (CVV), and one-time password (OTP). Official LANDBANK representatives will never ask for critical financial information of its customers. Specific to raising awareness on phishing activities, customers are also advised to be wary of emails, text messages, and websites offering free perks or games in exchange for personal information, which are designed to steal customer’s hard-earned money and identity. For specific tips on spotting phishing scams, please refer to this short video from the Information Security Officers Group (ISOG): (https://www.youtube.com/watch?v=y9fvBsOcEvE). LANDBANK said reminders and best practices to avoid cyber fraud are also being posted regularly on its social media channels. These include tips on spotting cyberattacks, preventing different forms of phishing, and keeping online credentials confidential, among others. The state-run Bank also reminds customers that the official email addresses of LANDBANK’s Customer Care and iAccess are customercare@mail.landbank.com and lbpiaccess@mail.landbank.com, respectively. The Bank’s official URL is www.landbank.com. To report fraudulent activities, LANDBANK customers may contact the Bank’s Customer Care Hotline through (02) 8-405-7000 or 1-800-10-405-7000, or via email at customercare@mail.landbank.com.
READ MOREState-owned Land Bank of the Philippines (LANDBANK) has allocated P20.9 million-worth of financial support for the quick recovery of 195 local government units (LGUs) from the onslaught of typhoon Odette. Of the P20.9 million financial aid, the Bank has set aside P200,000 each for affected provinces, as well as P150,000 and P100,000 each for cities and municipalities, respectively. “LANDBANK is exerting all efforts to extend immediate assistance to communities significantly affected by Typhoon Odette. Apart from ensuring cash availability and accessibility in these areas, we are also contributing to ramp-up relief and recovery interventions through our LGU partners,” said LANDBANK President and CEO Cecilia C. Borromeo. Among the LGUs who have already received LANDBANK’s financial assistance include the Province of Southern Leyte; City of Maasin and Municipalities of Malitbog and Padre Burgos in Southern Leyte; and the Municipalities of Hilongos and Matalom in Leyte. Donations have also been turned over to the City of Mandaue in Cebu; City of Bais in Negros Oriental; Municipality of Tubigon in Bohol; Municipality of Jordan in Guimaras; Municipality of Hinoba-an in Negros Occidental; Municipalities of Bataraza, Brooke’s Point and Coron in Palawan; and the Municipalities of Claver and Gigaquit in Surigao del Norte. On top of its financial donation to LGUs, LANDBANK has also re-activated its LANDBANK AMBAG System (Alternative Mechanism of Benevolent Assistance for the Greater good), which is a cash donation campaign for the Bank’s employees and communities significantly affected by typhoon Odette. Majority of LANDBANK branches and automated teller machines (ATMs) remain available to service the urgent banking needs of customers from affected areas. The Bank has also been working full-time to restore the availability of all its touchpoints affected by the typhoon at the soonest possible time.
READ MORE(left photo) Candaba Mayor Rene E. Maglanque (left), Candaba Vice Mayor Michael Dan V. Sagum (right), and LANDBANK Central Luzon Branches Group Head, Senior Vice President Sylvia C. Lim (center) lead the opening of the LANDBANK Candaba, Pampanga Agri-Hub (right photo) located at Candaba-Sta. Ana Road, Pasig, Candaba, Pampanga. The LANDBANK Echague Agri-Hub at Echague-Poblacion Road, San Fabian, Echague, Isabela, officially opens with LANDBANK North Luzon Branches Group Head, Senior Vice President Mabel T. Turla (5th from right), Echague Agri-Hub Head Ms. Josephine A. Lorenzo (rightmost), and the Sangguniang Bayan (SB) Members of Echague leading the inauguration. Land Bank of the Philippines (LANDBANK) capped-off 2021 with the inauguration of its two Agri-Hubs located in Candaba, Pampanga, and Echague, Isabela, as part of the Bank’s commitment to bring financial services closer to more farmers and fishers in the country’s top rice-producing provinces. The LANDBANK Candaba Agri-Hub is expected to provide banking, lending and agrarian services to local development players, including 22,011 farmers from Candaba’s 33 barangays including the adjacent towns of San Luis, Sta. Ana, and Arayat. As part of the Bank’s continuing thrust of expanding touchpoints in key strategic areas nationwide, the newest Agri-Hub will also complement seven existing LANDBANK Branches and 50 ATMs in Pampanga. Candaba Mayor Rene E. Maglanque, Vice Mayor Michael Dan V. Sagum, and LANDBANK Central Luzon Branches Group Head, Senior Vice President Sylvia C. Lim led the inauguration of the LANDBANK Candaba Agri-Hub on 28 December 2021. “I know that the construction and opening of LANDBANK Candaba Agri-Hub will attract more investors to our Municipality because we now have a credible bank. We are now one step closer to the realization of our development plans because of LANDBANK,” said Mayor Maglanque. Located at the LGU Government Center, Candaba-Sta. Ana Road, Pasig, Candaba, Pampanga, the LANDBANK Candaba Agri-Hub is the seventh to open nationwide. Meanwhile, the LANDBANK Echague Agri-Hub is the first Agri-Hub in the province of Isabela and eighth in the country, located at Echague-Poblacion Road, San Fabian, Echague, Isabela. Initially opened on 29 December 2020, the LANDBANK Echague Agri-Hub provides financial and technical services, with a stronger focus on supporting more than 4,000 farmers and fisherfolk in the Municipality of Echague and other nearby municipalities. Aside from agriculture stakeholders, the Echague Agri-Hub also services various national and local government offices, private establishments, as well as micro, small, and medium enterprises (MSMEs) in the area. The LANDBANK Echague Agri-Hub was officially inaugurated on 29 December 2021 led by LANDBANK North Luzon Branches Group Head, Senior Vice President Ma. Belma T. Turla with support from local Sangguniang Bayan Members. LANDBANK Agri-Hubs offer banking services such as account opening, withdrawals, and check encashments; lending services such as the processing of loan applications; and agrarian services such as processing of Agrarian Reform (AR) bonds and handling of agrarian-related concerns from landowners, bondholders, and agrarian reform beneficiaries (ARBs). The newly opened touchpoints raise the total Agri-Hubs in the country to eight, with the six other LANDBANK Agri-Hubs situated in Calabanga, Camarines Sur; Barotac Viejo, Iloilo; Sual, Pangasinan; Echague, Isabela; Sta. Maria, Ilocos Sur; and Rizal, Nueva Ecija. LANDBANK has grown its physical network to 412 branches and 71 branch-lite units as of end-2021—the only Bank with presence in all 81 provinces in the country. LANDBANK continues to expand its physical touchpoints to better serve the banking needs of customers across the country, especially in unbanked and underserved areas.
READ MOREDespite a sudden surge of COVID-19 cases in the country, Land Bank of the Philippines (LANDBANK) announced that its branches nationwide shall continue to operate to serve the banking needs of its customers. In a statement, the state-run Bank said a number of LANDBANK branches in the National Capital Region (NCR) and most parts of Luzon, where COVID-19 cases remain high, are open Mondays through Fridays from 8:30AM to 2:00PM, while LANDBANK branches in Visayas and Mindanao will continue to follow the regular banking hours of 8:30AM to 3:00PM on weekdays. However, some branches in NCR, Central Luzon and Southern Luzon are temporarily closed due to COVID-19 exposure of personnel and to give way to disinfection to ensure the health and safety of LANDBANK clients and employees. Meanwhile, the Bank's e-banking channels, such as the LANDBANK Mobile Banking App, iAccess, WeAccess, Link.BizPortal, Electronic Tax Payment System, Phone Access, and its ATM network, remain stable and available to the public 24/7. For a complete list of open and closed branches and their operating hours, please visit the LANDBANK website at www.landbank.com. Banking schedules of LANDBANK branches nationwide are also posted daily at the LANDBANK website, and at the Bank's official Facebook Page at @landbankofficial and Viber Community at @LANDBANK. With more Flipinos staying home as NCR and some parts of the country remain under Alert Level 3, LANDBANK once again reminded its customers to be cautious of online banking fraud and phishing activities. The Bank appealed to its clients to remain vigilant and ignore suspicious e-mails, text and social media messages, links and attachments from unknown senders. It also urged the public to be on the look-out for fake websites and social media accounts pretending to be LANDBANK by checking and verifying a suspicious site's URL, email address, social media account or phone number. Official LANDBANK representatives will never ask for a client's one-time passwords (OTPs), account details, and the card verification value (CVV) at the back of the card, among other security details, the Bank said.
READ MOREBarili Mayor Julieto N. Flores (2nd from left), Barili Vice Mayor Luisito L. Ponsica (4th from left), Barili Municipal Treasurer Gamaliel S. Riconalla (1st from left) and LANDBANK Cebu South Lending Center Head, Vice President Allan R. Bisnar (3rd from left) sign a P200-million loan agreement to put-up a modern municipal public market. BARILI, Cebu – The Land Bank of the Philippines (LANDBANK) and the Municipal Government of Barili recently inked a P200-million loan agreement to finance the construction of a modern public market that will support the livelihood of agricultural producers in the municipality. The LANDBANK loan will be used to replace the existing dilapidated public market with a new infrastructure that will be divided into three major structures. Two buildings will accommodate the dry goods section, while another building will house vegetables, fruits, and wet goods such as meat and fish. There will also be a covered parking area on the second floor. The new public market is expected to benefit 5,222 farmers and 1,900 fishers in the area with a more conducive and spacious venue to sell their produce. “LANDBANK fully supports initiatives that promote the growth and development of local entrepreneurs and agri-producers. We are one with our local government partners in ramping-up efforts towards serving their constituents and building stronger and more resilient local economies,” said LANDBANK President and CEO Cecilia C. Borromeo. Barili Mayor Julieto N. Flores is banking on the new public market to boost economic activity and attract more investments in the 2nd class Municipality, as more business establishments recover from the impact of COVID-19. “We will demolish the old Barili public market and construct the modern public market within one year, and we thank LANDBANK for supporting our plans and programs for the development of our Municipality as we recover from the pandemic,” said Barili Mayor Flores. In 2019, LANDBANK also financed the construction of the Mantalongon Livestock Auction Market for the traders in the locality, as well as from the neighboring provinces of Negros Oriental and Leyte. The Mantalongon Livestock Auction Market is currently the biggest livestock auction market in Cebu and the whole of Visayas. LANDBANK continues to extend necessary credit assistance to local government units (LGUs) to spur recovery and inclusive economic development in the countryside. As of November 2021, LANDBANK has extended P63.96 billion in outstanding loans to LGUs nationwide.
READ MOREDespite transportation and connectivity challenges in areas affected by typhoon Odette, state-owned Land Bank of the Philippines (LANDBANK) has successfully completed the turnover of P21.2-million worth of financial assistance to 198 local government units (LGUs) for their relief and recovery efforts. Recipients of the donations include provincial, city and municipal government units from areas severely affected by the typhoon, including Dinagat Islands, Surigao del Norte, Leyte, Bohol and Cebu. Other LGUs who have received financial assistance are those from Antique, Guimaras, Negros Occidental, Negros Oriental and Palawan. LANDBANK has set aside P200,000 each for six provinces, P150,000 each for 16 cities, and P100,000 each for 176 municipalities. “We consider LGUs as our valuable partners in various initiatives, including in the delivery of relief and recovery interventions to local communities. Providing affected LGUs with immediate financial assistance in the aftermath of typhoon Odette is crucial to quickly address the fundamental needs of our countrymen,” said LANDBANK President and CEO Cecilia C. Borromeo. Donations were also collected among LANDBANK personnel for the benefit of the Bank’s employees and communities significantly affected by typhoon Odette through the LANDBANK AMBAG System (Alternative Mechanism of Benevolent Assistance for the Greater good) cash donation campaign. Majority of LANDBANK branches and most automated teller machines (ATMs) in areas affected by the typhoon were already restored to service the banking needs of the customers. Meanwhile, some branches are temporarily closed due to COVID-19 exposure of personnel and ongoing disinfection activities to ensure the health and safety of LANDBANK clients and employees. The Bank’s Agent Banking Partners which include cooperatives and micro, small and medium enterprises (MSMEs), among others, are also serving the basic banking requirements of the customers, such as cash withdrawals. With the New Year, LANDBANK reaffirms its commitment to providing unwavering support to the nation to fast-track recovery and promote development that is inclusive and sustainable.
READ MOREState-run Land Bank of the Philippines (LANDBANK) has onboarded 7.2 million unbanked Philippine Identification System (PhilSys) registrants as of 31 December 2021, in line with its contribution to advance greater financial inclusion in the country. The onboarding is a result of LANDBANK’s co-location strategy with the Philippine Statistics Authority (PSA) at hundreds of registration sites nationwide for the PhilSys Project, where qualified unbanked registrants are provided with their own transaction accounts free-of-charge and with no initial deposit requirement. Of the 7.2 million onboarded national ID registrants nationwide, 1.6 million are from Central Luzon, 1.4 million from Eastern Mindanao, 1.2 million from Eastern Visayas, and 1.1 million from Western Visayas. “LANDBANK remains committed to reaching more of the unbanked population in support of the National Government’s financial inclusion agenda. We have so far made significant headway in bringing unbanked PhilSys registrants into the formal banking system, as we continue our strategic and fruitful partnership with the PSA,” said LANDBANK President and CEO Cecilia C. Borromeo. The carded PhilSys registrants have already utilized their LANDBANK prepaid cards for various transactions amounting to P86.1 million. These include loading cash into their accounts, withdrawals at Automated Teller Machines (ATMs), and making payments via point-of-sale (POS) terminals and online, among others. Unbanked PhilSys registrants may sign up for LANDBANK transaction accounts once they complete the ongoing PhilSys Step 2 registration process, which covers validating supporting documents and capturing biometrics information. Meanwhile, the state-run Bank clarified anew that the LANDBANK prepaid cards being issued to unbanked national ID registrants are not pre-loaded with government subsidy or ‘ayuda’, in response to fake news circulating in social media. LANDBANK reaffirms its support to the National Government’s target of providing at least one bank account for every Filipino household equivalent to 13.5 million accounts throughout the whole co-location partnership with the PSA.
READ MOREAs of Thu, June 19, 2025
| Buying | Selling | |
|---|---|---|
| USD | 56.85 | 57.55 |
| JPY | 0.386465 | 0.401335 |
| EUR | 64.363801 | 66.848651 |
| GBP | 75.253664 | 78.158931 |
| HKD | 7.215887 | 7.75286 |
As of Wed, June 18, 2025
| UITF | NAVPU |
|---|---|
| Cash Management Fund | 1.567055 |
| Money Market Fund | 1.318249 |
| Money Market Plus Fund | 1.230686 |
| PERA Money Market Fund | 1.027957 |
| Medium-Term Bond Fund | 2.481467 |
| Bond Fund | 2.026902 |
| PERA Bond Fund | 1.201009 |
| Balanced Fund | 2.674433 |
| Growth Fund | 2.643801 |
| Alpha Equity Fund | 3.091873 |
| Blue Chip Equity Fund | 0.976162 |
| Equity Fund | 0.814599 |
| High Dividend Equity Fund | 1.024096 |
| US$ Money Market Fund | 1.438105 |
| Global $ Fund | 1.537131 |
