State-run Land Bank of the Philippines (LANDBANK) posted double-digit growth in net income, assets, deposits and capital year-on-year for the nine-month period ending 30 September 2021. The Bank’s net income grew by 21.2% to P16.72 billion from P13.8 billion in the same period last year, due to lower cost of funds and provision for losses. As a result, the Bank is on track to meet its net income target of P19.68 billion by year-end. Total assets went up 13.6% to P2.564 trillion from P2.257 trillion in September 2020. This was propelled by deposits amounting to P2.267 trillion, which expanded by 14.68%. Meanwhile, LANDBANK’s capital significantly rose by 25.77% year-on-year to P208.17 billion from P165.52 billion, attributed to the P27.5 billion equity infusion made by the National Government in February 2021 plus the net income for the year. “LANDBANK has shown remarkable resilience against the economic shocks of the pandemic. As we continue to exceed our year-end targets in total assets and deposits, we are optimistic that the Bank’s overall financial performance will keep in step with the country’s continuing recovery,” said LANDBANK President and CEO Cecilia C. Borromeo. In terms of financial ratios, LANDBANK’s return on equity reached 10.74%, which is well above the industry average of 6.48%. LANDBANK’s financial muscle is driving the fulfillment of its social mandate of providing financial and support services not only to the agriculture sector, but contributing at large to the country’s recovery and development efforts. As of 30 September 2021, LANDBANK’s total outstanding loans to the agriculture sector reached P228.21 billion. The total number of farmers and fishers assisted stood at 2.97 million, closer to reaching the year-end target of three million. LANDBANK strikes a balance in fulfilling its social mandate while remaining financially viable, making it unique among universal banks in the country.
READ MOREA. PROMO MECHANICS: I. Qualification: 1. This promo is open to all Philippine-issued Mastercard credit, debit and prepaid cardholders who will purchase on the ZALORA website or ZALORA app within the promo period. II. Promo Period and Discount: 1. Promo period valid on November 10-16 and 26-30, 2021 2. Philippine-issued Mastercard credit, debit and prepaid cardholders are entitled to get the following offer on the ZALORA website or app: ● Users are entitled to 45% off + 5% Cashback min spend P2499 max discount capped at P2,000, max cashback at P120 valid for 3x use from November 10-16 and 26-30, 2021 only. ● Voucher redemption is capped at 2,900 total or 242 orders per day and usage is valid 3x time use per account, to be availed using voucher code: MASTERCARD1111 to be inputted by the user upon checkout on ZALORA website or app III. How to avail of discount: 1. Log-on to http://www.zalora.com.ph 2. Click on Shop Women, Shop Men, Shop Kids to begin. 3. Select product categories. 4. Select product. 5. Selec? si?e and click on ?Add ?o Bag?. 6. Once finished, click CHECKOUT NOW to proceed. 7. Log in or Register by Signing in via Facebook. Input Customer Information such as name, phone number and delivery address. 8. Selec? ?Credi? Card? as Pa?men? Me?hod and inp?? MASTERCARD card de?ails. 9. Click ?Ha?e a promo code? En?er i? here?. 10. Enter promo code then click APPLY. 11. Click ?Order No?? ?o finali?e order IV. Promo Exclusions: 1. Discount is not valid on essentials items. 2. Valid on limited use per account up to 3x 3. Limited daily redemption only 4. Maximum discount of P2,000 5. Maximum cashback of P120 6. Brand exclusions apply. Discount is not valid on the following categories and brands: (full list: www.zalora.com.ph/faq-non-sale). V. Customer support: 1. For any questions or clarifications, please contact ZALORA Philippines Facebook Page or e-mail: customer@zalora.com.ph
READ MOREI. Qualifications The promo is exclusive to Mastercard Credit, Debit, and Prepaid cards. II. How to Avail Shop using the Shopee mobile app. Select the items you wish to purchase and click “BUY NOW”. To proceed with checkout, enter your e-mail address and shipping details. Enter promo code “MCPAYDAY” upon checkout. Click “Select payment method” and choose “Credit / Debit Card” as option. Select or add your participating Mastercard credit, debit, or prepaid card and click “Confirm”. Promo discount will be automatically applied to your purchase upon checkout. III. Terms and Conditions Qualified Mastercard cardholders are entitled to avail of the promo discount from Shopee within the applicable promo period. Promo discount is P150 off, with a minimum spend of P1,500. Promo discount is valid for eligible Shopee users during the promo duration. Promo discount is valid for one-time use on Nov 30, 2021. Promo discount cannot be reapplied after a qualified order has been cancelled by the cardholder. Promo discount is valid for new and existing Shopee registered customers. Promo discount cannot be applied retroactively. The offer cannot be exchanged for cash or other products. Promo discounts are only valid on preferred and Shopee Mall stores excluding products under the “Load, Bills, and eServices” category. Promo discount is valid on orders to be delivered via integrated couriers. By joining this promo, the user confirms that he/she has read, understood, and agreed to the promo mechanics and its terms & conditions. Shopee reserves the right to cancel transactions of accounts that are suspected to be invalid or fraudulent (i.e. abuse of system). Shopee reserves the right to vary these terms & conditions with prior approval of DTI. IV. Customer Support For any questions or clarifications, please contact Shopee’s Customer Service at (02) 88805200 or email support@shopee.ph DTI Fair Trade Permit No. FTEB-129560 Series of 2021
READ MOREHOW TO AVAIL Via Lazada Mobile App 1. Download the Lazada app for free via App Store for Apple users or Google Play store for Android users. 2. Select the item/s you wish to purchase then click “Add to Cartâ€. Prepare your card details for the transaction 3. Click the Shopping Cart icon on the right, topmost portion of the screen to view all the items on your Shopping Cart. 4. Select the item/s you wish to purchase and once you have reviewed the items on your Shopping Cart, click “Check Out†5. Input the voucher code on the checkout page to apply the discount. Enter your shipping and billing information and select the credit card as payment method. 6. 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. 7. Click “Place Order†to complete the transaction. TERMS AND CONDITIONS: 1. Discount can be used once every Monday throughout the valid promo period and dates. 2. Discount is applicable to all Mastercard Credit/Debit/Prepaid Cardholders. Discount is capped at Php 400. 3. Discount is applied automatically at the checkout only when the voucher code has been successfully applied on the order. 4. Discount is not exchangeable for cash, credit or other goods and services. 5. Discount amount cannot be applied retroactively. 6. Discount is not applicable to items marked “Voucher code not applicable on this item”. 7. All cancelled orders will not be valid for re-instatement of voucher codes. 8. Applicable only to eligible credit card BINs and eligible items. 9. Payment codes cannot be used with other collectible or static code discount vouchers. 10. The use of the voucher is subject to the Lazada Voucher Terms and Conditions. CUSTOMER SUPPORT For questions or clarifications, please contact Lazada Customer Care by clicking the chat button at http://www.lazada.com.ph/contact. Terms and conditions apply. Per DTI Fair Trade Permit No. FTEB-130054 Series of 2021.
READ MOREState-run Land Bank of the Philippines’ (LANDBANK) quick and efficient market value assessment of properties has been contributing to speed up the completion of various infrastructure projects under the National Government’s flagship “Build Build Build” program. As of 31 October 2021, LANDBANK has completed the right-of-way appraisals of 19,214 properties nationwide as part of 142 infrastructure projects. Of which, 127 projects are being implemented by the Department of Public Works and Highways (DPWH) covering 7,075 lots, with the 15 remaining projects implemented by the Department of Transportation (DOTr) consisting of 2,565 lots and 9,574 structures or improvements. “LANDBANK fully supports the National Government’s ‘Build Build Build’ program by fast-tracking right-of-way acquisitions. We will continue to contribute to the country’s infrastructure agenda to drive our ongoing economic recovery, geared towards attracting foreign investments and creating more jobs,” said LANDBANK President and CEO Cecilia C. Borromeo. DPWH-implemented projects with properties appraised by LANDBANK include the NLEX-SLEX Connector Road in the City of Manila; the C5 Southlink Expressway in Parañaque City; the Pasig-Marikina River Channel Improvement Project Phase V in Quezon City, Marikina City and San Mateo, Rizal; the Meycauayan-Camalig-Bahay Pari Road Widening in Meycauayan, Bulacan; the Tagaytay Bypass Road in Cavite; and the Alicia-Malangas Road in Zamboanga Sibugay. LANDBANK also facilitated the right-of-way appraisals for DOTr’s North-South Commuter Railway Extension (NSCR-Ex) Project, which include five clusters in Pampanga and Bulacan, one cluster in the City of Manila, and five clusters in Laguna; as well as the Metro Manila Subway Project in Quezon City and Valenzuela City, among others. The Bank is currently conducting appraisals for 68 DPWH projects covering 2,513 lots, as well as four DOTr projects with 999 lots and 2,989 structures or improvements. LANDBANK’s technical assistance in conducting property appraisals for the National Government’s infrastructure projects is part of the Memoranda of Agreement signed with the DPWH on 14 October 2019 and with the DOTr on 28 October 2020, to expedite the acquisition of right-of-way claims. LANDBANK is one with the nation’s infrastructure development agenda towards advancing inclusive and sustainable economic recovery.
READ MOREI. Qualifications ● The promo is exclusive to Mastercard® Credit, Debit, and Prepaid cards issued in the Philippines II. How to Avail 1. Using the Shopee mobile app, claim your shipping discount voucher from Mastercard on the promo landing page from Dec 8-15, 2021. Voucher will be added to your “My Vouchers” tab. 2. Select the items you wish to purchase. 3. Click on “Shopee Voucher” and select the shipping discount voucher from Mastercard. 4. Select “Credit/Debit card” as payment option and pay with your participating Mastercard Credit, Debit or Prepaid card. 5. Proceed to checkout by clicking the “Place Order” button. III. Terms and Conditions 1. Qualified Mastercard cardholders are entitled to avail of 100% off shipping fee capped at P100 with a minimum spend of P1,500. 2. Promo voucher is valid for eligible Shopee users during the promo duration. 3. Promo voucher can be claimed on the Mastercard 12.12 promo landing page from Dec 8-15, 2021. 4. Promo voucher redemption is valid for three-time use between Dec 8-15, 2021 only. 5. Applicable on Mastercard credit, debit, and prepaid card transactions only. 6. Promo voucher cannot be reapplied after a qualified order has been cancelled by the cardholder. 7. Promo voucher is valid for new and existing Shopee registered customers. 8. Promo voucher cannot be applied retroactively. 9. The offer cannot be exchanged for cash or other products. 10. Promo voucher is only valid on Preferred and Shopee Mall stores excluding products under the “Load, Bills, and eServices” category. 11. Promo voucher is valid on orders to be delivered via Shopee integrated couriers. 12. By joining this promo, the user confirms that he/she has read, understood, and agreed to the promo mechanics and its terms & conditions. 13. Shopee reserves the right to cancel transactions of accounts that are suspected to be invalid or fraudulent (i.e. abuse of system). 14. Shopee reserves the right to vary these terms & conditions with prior approval of DTI-FTEB. IV. Customer Support For any questions or clarifications, please contact Shopee’s Customer Service at (02) 88805200 or email support@shopee.ph. DTI Fair Trade Permit No. FTEB-129954 Series of 2021
READ MOREHOW TO AVAIL Via Lazada Mobile App 1. Download the Lazada app for free via App Store for Apple users or Google Play store for Android users. 2. Collect Shipping fee voucher from the Mastercard landing page on Lazada 3. Select the item/s you wish to purchase then click “Add to Cart”. Prepare your card details for the transaction 4. Click the Shopping Cart icon on the right, topmost portion of the screen to view all the items on your Shopping Cart. 5. 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” 6. Make sure to check if the discount was applied to total billing before proceeding to check out. 7. 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. 8. Click “Place Order” to complete the transaction. Terms and Conditions 1. Shipping discount can be used once throughout the valid promo period. 2. Shipping discount is applicable to all Mastercard Credit/Debit/Prepaid Cardholders. Maximum discount is P250 on shipping fee. 3. Shipping discount is applied automatically at the checkout only when the voucher has been successfully collected. 4. Shipping discount is not exchangeable for cash, credit or other goods and services. 5. Shipping discount amount cannot be applied retroactively. 6. Shipping discount is considered fully consumed regardless if total shipping fee is less than discount amount. 7. The use of the voucher is subject to the Lazada Voucher Terms and Conditions. 8. Applicable only to eligible credit card BINs and eligible items. 9. Voucher can be used with other collectible vouchers and voucher codes, except for platform shipping fee vouchers. CUSTOMER SUPPORT For questions or clarifications, please contact Lazada Customer Care by clicking the chat button at http://www.lazada.com.ph/contact. Terms and conditions apply. Per DTI Fair Trade Permit No. FTEB-126431 Series of 2021.
READ MORECALAYAN, Cagayan – The Land Bank of the Philippines (LANDBANK) approved a P200-million loan for the Municipal Government of Calayan to finance infrastructure projects for its development and recovery efforts, amid the ongoing health crisis. The local government acquired the financing under the LANDBANK RISE UP LGUs (Restoration and Invigoration Package for a Self-sufficient Economy towards UPgrowth for LGUs) Lending Program, designed to provide the funding requirements of provincial, city and municipal local government units (LGUs) for the implementation of their respective economic recovery plans. Part of the 15-year term loan will be used to put up a 270-square meter quarantine facility in Barangay Dadao that will expand the municipality’s healthcare capacity in a bid to reduce the spread of COVID-19. The 60-bed quarantine facility—which will feature individual partitions and lavatories—will replace schools currently being used as isolation areas for residents suspected or have tested positive for the virus. The facility is seen to enhance the comfort of patients while undergoing quarantine or treatment. “LANDBANK continues to provide for the recovery and development requirements of our partner LGUs in response to the pandemic. We are focused on ramping-up initiatives in support of building resiliency and revitalizing local communities,” said LANDBANK President and CEO Cecilia C. Borromeo. The LANDBANK loan will also cover the construction of a perimeter security fence for Calayan’s community airport, which facilitates the delivery of vaccines and relief goods to the island, as well as the transport of patients under critical condition. As part of Calayan’s development plan, the loan will also finance the concreting of the Babuyan Main Road and the routes connecting Caanawan to Kataruman, Dibay to Dilam, and Balatubat to Minabel, effectively doubling the Municipality’s concreted road network to 60% from the current 30%. The road project is expected to reduce travel time around the island and eliminate slippery dirt roads during the rainy season, making transport safer and more efficient for locals, which includes 1,250 local farmers regularly transporting their agricultural produce. The P200-M loan will also be used to finance the acquisition of a patrol boat and construction of the following facilities: six (6) classrooms in different schools, one (1) school administrative building, and a 100-meter bridge in Brgy. Naguilian to help farmers safely transport their produce across a creek. “Thank you to LANDBANK for being a reliable partner of LGUs in socioeconomic development and for providing us with the assistance we need for our projects, especially at this difficult time,” said Calayan Mayor Joseph M. Llopis. The state-run Bank has previously financed Calayan’s other development projects, which include the purchase of a ferry which safely transports passengers from island to island, the construction of the Calayan airport, and concreting of the municipality’s road network. As of 31 October 2021, LANDBANK has approved P94.03 billion in loans under the RISE UP LGUs Lending Program for 346 LGUs, including 45 cities, 35 provinces and 266 municipalities.
READ MOREI. Qualifications ● The promo is exclusive to Mastercard Credit, Debit, and Prepaid cards. II. How to Avail 1. Shop using the Shopee mobile app. 2. Select the items you wish to purchase and click “BUY NOW”. 3. To proceed with checkout, enter your e-mail address and shipping details. 4. Enter promo code “MCPAYDAY” upon checkout. 5. Click “Select payment method” and choose “Credit / Debit Card” as option. 6. Select or add your participating Mastercard credit, debit, or prepaid card and click “Confirm”. 7. Promo discount will be automatically applied to your purchase upon checkout. III. Terms and Conditions 1. Qualified Mastercard cardholders are entitled to avail of the promo discount from Shopee within the applicable promo period. 2. Promo discount is P150 off, with a minimum spend of P1,500. 3. Promo discount is valid for eligible Shopee users during the promo duration. 4. Promo discount is valid for one-time use on Dec 15, 2021. 5. Promo discount cannot be reapplied after a qualified order has been cancelled by the cardholder. 6. Promo discount is valid for new and existing Shopee registered customers. 7. Promo discount cannot be applied retroactively. 8. The offer cannot be exchanged for cash or other products. 9. Promo discounts are only valid on preferred and Shopee Mall stores excluding products under the “Load, Bills, and eServices” category. 10. Promo discount is valid on orders to be delivered via integrated couriers. 11. By joining this promo, the user confirms that he/she has read, understood, and agreed to the promo mechanics and its terms & conditions. 12. Shopee reserves the right to cancel transactions of accounts that are suspected to be invalid or fraudulent (i.e. abuse of system). 13. Shopee reserves the right to vary these terms & conditions with prior approval of DTI. IV. Customer Support ● For any questions or clarifications, please contact Shopee’s Customer Service at (02) 88805200 or email support@shopee.ph DTI Fair Trade Permit No. FTEB-129560 Series of 2021
READ MOREState-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 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 |
