(clockwise from upper left) LANDBANK Program Management Department I Head, Assistant Vice President Edgardo S. Luzano, together with Kuvi Integrated Farm owner Rogelio T. Giangan, Cagayan rice farmer Vanessa Morillo, and Dampe Palay and Sugarcane Producers Cooperative Chairperson Rodolfo H. Medina, leads the third run of the LANDBANK AgriSenso Virtual Forum, which puts the spotlight on the legislated programs jointly implemented by LANDBANK and the Department of Agriculture (DA) to support individual farmers and fishers and other agriculture players. State-run Land Bank of the Philippines (LANDBANK) remains aggressive in extending affordable financing for individual farmers and fishers, and other players in the agriculture value chain through loan programs jointly implemented by the Bank with the Department of Agriculture (DA). The third run of the LANDBANK AgriSenso Virtual Forum on 19 September 2022 featured loan availers, namely Kuvi Integrated Farm owner Rogelio T. Giangan from North Cotabato, rice farmer Vanessa Morillo from Sto. Niño, Cagayan, and Dampe Palay and Sugarcane Producers Cooperative Chairperson Rodolfo H. Medina from Floridablanca, Pampanga, who shared how their productivity and income improved following the financial support from LANDBANK and DA. LANDBANK Program Management Department I Head, Assistant Vice President Edgardo S. Luzano discussed available financing with as low as 2% annual interest rate for individual farmers and fishers and their cooperatives and associations, as well as for micro and small enterprises (MSEs). Under the Agricultural Competitiveness Enhancement Fund (ACEF) Lending Program, LANDBANK provides credit assistance for the purchase of farm inputs and acquisition of agricultural fixed assets. The loanable amount for individual farmers and fishers is up to P1 million, while cooperatives, associations and MSEs may borrow a maximum of P5 million. As of 31 August 2022, the Bank has released a total of P8.1 billion in loans to over 35,500 borrowers under the ACEF Lending Program. LANDBANK also implements the Expanded Rice Credit Assistance under the Rice Competitiveness Enhancement Fund (ERCA-RCEF), which aims to help increase the productivity, efficiency and profitability of rice farmers and their cooperatives. Eligible program borrowers may avail of up to 90% of their total project cost. Since the implementation of ERCA-RCEF in 2019, a total of P1.7 billion in loans has been released to more than 5,700 borrowers, including 46 cooperatives and associations that assisted over 18,300 farmers and fishers. In support of the development of the country’s sugar industry, LANDBANK is also implementing the Socialized Credit Program under the Sugarcane Industry Development Act (SCP-SIDA). This facility is made available to individual sugarcane farmers, cooperatives, associations and common service centers, to finance up to 90% of their total project cost or financing requirement. As of end-August 2022, the Bank’s loan releases under SCP-SIDA amounted to P612.3 million for 2,651 borrowers, benefiting over 6,700 sugarcane farmers. The next run of the AgriSenso Virtual Forum will be held on 26 September 2022 to discuss other lending programs designed for small farmers and fishers, and agrarian reform beneficiaries (ARBs).
READ MORELANDBANK President and CEO Cecilia C. Borromeo (2nd from left) and other LANDBANK senior officials join Albay Representative Joey S. Salceda (3rd from left) and National Security Adviser Secretary Clarita R. Carlos (leftmost) at the Disaster and Climate Emergency Policy Forum on 22 September 2022, to discuss strategies and interventions to combat climate change. The Land Bank of the Philippines (LANDBANK) assures local development stakeholders of continued access to climate finance under the Green Climate Fund (GCF), in support of projects for climate change adaptation and mitigation. The state-run Bank expressed its continuous commitment in contributing to address the climate crisis at the Disaster and Climate Emergency Policy Forum on 22 September 2022, organized by the Local Climate Change Adaptation for Development (LCCAD), University of the Philippines Resilience Institute (UPRI), 4K Foundation, Komunidad Global, Albay Embassy and Climate Change Commission (CCC), in partnership with the House of Representatives and the Office of Albay Rep. Joey S. Salceda. “LANDBANK stands ready to extend necessary credit assistance to boost national and local resiliency and adaptive capacity to climate change. We are collaborating with various development partners, such as the GCF, towards building a more sustainable future,” said LANDBANK President and CEO Cecilia C. Borromeo. The GCF is an operating entity of the financial mechanism of the United Nations Framework Convention on Climate Change (UNFCCC) and Paris Agreement, dedicated to support global efforts to respond to the challenge of climate change. The program aims to help developing countries limit or reduce greenhouse gas (GHG) emissions and adapt to climate change, by supporting programs and projects that promote a paradigm shift to low-emission and climate-resilient development. As a Direct Access Entity (DAE) of the GCF, LANDBANK channels grants and loans provided by the GCF to finance local projects that aim to mitigate and adapt to climate change. The Bank leads the project development, management, monitoring and evaluation, in partnership with public and private entities. In April of this year, LANDBANK and the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAG-ASA) under the Department of Science and Technology (DOST) started the implementation of the very first GCF-approved project in the country. The GCF project titled, “The Multi-Hazard Impact-Based Forecasting and Early Warning System,” aims to shift from a traditional hazard-based to an impact-based forecasting and early warning system, to help the public take pre-emptive measures and improve disaster risk reduction in the long run. The project will benefit communities in the disaster-prone areas of Palo, Leyte; New Bataan, Davao de Oro; Tuguegarao City, Cagayan; and Legazpi City, Albay. LANDBANK is proposing for GCF approval eight other projects designed to promote climate change mitigation, adaptation and resiliency in the sectors of agriculture, health, transportation, renewable energy and energy efficiency, water resource management and ecosystem management. LANDBANK’s contribution to the GCF underscores its commitment to sustainable development and environmental protection, alongside facilitating the uninterrupted delivery of financial services to key economic development sectors. In his first address at the UN General Assembly on 21 September 2022 (Tuesday, September 20, New York Time), President Ferdinand R. Marcos, Jr. also urged developed countries to extend climate financing to countries that are most vulnerable to climate change.
READ MOREQualifications The promo is exclusive to Visa Credit, Debit, and Prepaid cards issued in the Philippines. 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 “VISA300OFF” upon checkout. Click “Select payment method” and choose “Credit / Debit Card” as option. Select or add your participating Visa credit, debit, or prepaid Card and click “Confirm”. Promo discount will be automatically applied to your purchase upon checkout. Terms and Conditions Qualified Visa cardholders are entitled to avail of the promo discount from Shopee within the applicable promo period. Promo discount is P300 off, with a minimum spend of P2,000. Promo discount is valid for eligible Shopee users during the promo duration. Promo discount is valid for one-time use from Oct 9 to Oct 10, 2022 only. Promo discount cannot be reapplied after a qualified order has been cancelled by the cardholder unless reason for cancellation is deemed valid upon investigation. (e.g. delay in receipt of OTP) Applicable on Visa credit, debit, and prepaid card transactions only. 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 discount can only be applied on purchases from Preferred Shops, Mall Shops, Free Shipping Special Sellers, and Coin Cashback Sellers that ship from the Philippines. Promo discount cannot be used on 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 proven to be invalid or fraudulent (i.e. abuse of system). Shopee reserves the right to vary these terms & conditions with prior approval of DTI. Customer Support For any questions or clarifications, please contact Shopee’s Customer Service at (02) 88805200 or email support@shopee.ph
READ MORELANDBANK President and CEO Cecilia C. Borromeo (5th from right) pays a courtesy visit to Transport Secretary Jaime J. Bautista (6th from right) to reaffirm the Bank’s continuing commitment to the National Government’s transport modernization agenda. Joining them are DOTr Undersecretaries Cesar B. Chavez (7th from right), Atty. Timothy John R. Batan (8th from right), Kim Robert C. De Leon (9th from right), LANDBANK Executive Vice Presidents Alex A. Lorayes (3rd from right) and Liduvino S. Geron (4th from right), and LANDBANK Senior Vice Presidents Randolph L. Montesa (2nd from right) and Ramon R. Monteloyola (rightmost). The Land Bank of the Philippines (LANDBANK) renewed its commitment to the Department of Transportation (DOTr) to fully support programs that provide a more efficient, convenient, and modern public transportation for Filipino commuters. During a courtesy visit on 02 September 2022, LANDBANK President and CEO Cecilia C. Borromeo met with DOTr Secretary Jaime J. Bautista to discuss ongoing and potential collaboration programs and initiatives to advance the country’s transport sector. The LANDBANK and DOTr are partners for the Automated Fare Collection System (AFCS) Pilot Production Testing (PPT), which allows the convenient use of EMV contactless credit, debit and prepaid bank cards as cashless payment instruments in public transport modes. Only LANDBANK contactless cards will be accepted as fare media for the interim implementation. Once the necessary regulations or policies have been issued, the LANDBANK AFCS solution can also accept and process the EMV contactless cards issued by other local and foreign banks. In preparation for its full and commercial implementation, LANDBANK and the DOTr launched the AFCS in September, covering six (6) units of modern public utility vehicles (MPUVs) of PM Jeepney Drivers Operators and Services, Inc. (PMJDOSI). The remaining 144 MPUV units out of the total 150 PUV units shall soon be deployed in selected pilot sites in NCR, Central Luzon, Calabarzon, and Metro Cebu. The state-run Bank likewise offers the Support Package for Environment-friendly and Efficiently-Driven PUV (SPEED PUV) Program, to help finance the shift of public transport operators to modern, safer and eco-friendlier vehicles. Under the SPEED PUV Program, public transport cooperatives and corporations may avail loans for the purchase of modern public utility jeepneys (PUJs). LANDBANK can finance up to 95% of the PUJ’s total cost at an affordable interest rate of 6% per annum, payable based on cash flow but not to exceed a maximum of seven (7) years. The National Government, through the Land Transportation Franchising and Regulatory Board (LTFRB), also offers P160,000.00 subsidy to borrowers for each PUJ financed under the Program. As of end-August 2022, LANDBANK has approved P5.3 billion in loans to 116 borrowers under the SPEED PUV Program.
READ MORELANDBANK President and CEO Cecilia C. Borromeo (4th from right) pays a courtesy visit to Department of Human Settlements and Urban Development (DHSUD) Secretary Jose Rizalino L. Acuzar (5th from right) on 30 August 2022 to express support for the National Government’s intensified mass housing program. Joining them are DHSUD Undersecretary Robert Juanchito T. Dispo (6th from right), alongside LANDBANK Executive Vice Presidents Liduvino S. Geron (7th from right) and Julio D. Climaco, Jr. (3rd from right), Senior Vice Presidents Randolph L. Montesa (2nd from right) and Marilou L. Villafranca (rightmost), and Vice President Francisco E. Burgos Jr. (leftmost). Land Bank of the Philippines (LANDBANK) President and CEO Cecilia C. Borromeo paid a courtesy visit to Department of Human Settlements and Urban Development (DHSUD) Secretary Jose Rizalino L. Acuzar to express support for the national government’s inclusive thrust of expanding access to affordable housing for Filipinos. The officials explored opportunities for collaboration to attract development partners, such as private developers, Local Government Units (LGUs), banks, and other financial institutions, to invest in affordable housing construction. The meeting was also attended by DHSUD Undersecretary Robert Juanchito T. Dispo, together with LANDBANK Executive Vice Presidents Liduvino S. Geron and Julio D. Climaco, Jr., Senior Vice Presidents Randolph L. Montesa and Marilou L. Villafranca, and Vice President Francisco E. Burgos Jr. LANDBANK is providing DHSUD various digital banking services, including digital payment to suppliers through the LANDBANK weAccess, and viewing of account information and preparation of reports on issued checks through the LANDBANK electronic Modified Disbursement System (eMDS).
READ MOREThe Land Bank of the Philippines (LANDBANK) announced that all new customers applying for a LANDBANK deposit account shall be provided a cardless account, effective 04 October 2022. New account holders will be enrolled in the LANDBANK iAccess and Mobile Banking App (MBA), and will benefit from having convenient access to digital banking services, including inter-bank transactions via InstaPay and PESOnet. Cardless account holders can also use the LANDBANK MBA to access their account and withdraw cash from 2,889 LANDBANK Automated Teller Machines (ATMs) nationwide, which have been upgraded with a cardless withdrawal feature. Cardless cash deposit is likewise available via 231 LANDBANK Cash Deposit Machines (CDMs) nationwide. However, new LANDBANK customers may still opt for a physical LANDBANK ATM card for a minimal fee of P150.00. The state-run Bank assures customers that it maintains the highest level of security in all its systems, while also reminding customers to remain vigilant against online banking fraud and scams.
READ MORELANDBANK President and CEO Cecilia C. Borromeo pays a courtesy visit to Defense Senior Undersecretary and OIC Jose C. Faustino, Jr. on 10 October 2022 to express support for the National Government’s peace and order efforts. Land Bank of the Philippines (LANDBANK) President and CEO Cecilia C. Borromeo paid a courtesy visit to Department of National Defense (DND) Senior Undersecretary and OIC Jose C. Faustino, Jr. to express the Bank’s continued support for plans and programs towards national security. The two officials discussed potential areas of collaboration to enhance the agency’s operational efficiency, as well as prioritize the banking needs of Filipino soldiers, personnel, veterans and pensioners through digital banking and treasury services, among others. Borromeo personally expressed gratitude to Faustino and DND, for providing the necessary security and transportation to LANDBANK personnel during the distribution of financial assistance in remote and risky areas. The meeting was also attended by LANDBANK Senior Vice Presidents Celeste A. Burgos, Randolph L. Montesa, Marilou L. Villafranca, and Ramon R. Monteloyola, along with other senior Bank officials. LANDBANK currently serves the banking needs of DND, including payroll service and salary loans for employees, and convenient digital payment to suppliers through the LANDBANK Bulk Remittance System (LBRS), among others. In April of this year, LANDBANK strengthened its partnership with the Philippine Veterans Affairs Office (PVAO), an attached agency of the DND, with the signing of the amended Memorandum of Agreement (MOA) for the Direct Remittance Pension Servicing System (DRPSS) to better service Filipino veterans and pensioners. Under the amended MOA, LANDBANK and PVAO have streamlined procedures for pension account opening and formalized the crediting of other PVAO benefits, such as medical and burial assistance, to the LANDBANK ATM accounts of pensioners. LANDBANK also partnered with the Philippine Air Force (PAF) for the PAF Online Payment System (POPS) powered by the LANDBANK Link.BizPortal, to facilitate the efficient online payment of light and water utility dues, bidding document fees, trust receipts for the Air Force General Hospital, and rental fees for the PAF Aerospace Museum and concessionaires. Through the POPS, PAF clients, which include creditors, suppliers, and PAF personnel and their family members, are now able to settle their financial commitments in a faster, secure, and convenient manner. LANDBANK likewise supports the National Government’s Enhanced-Comprehensive Local Integration Program (E-CLIP), which aims to improve the livelihood of former rebels and extremists and their families by financing small businesses and agri-enterprises. Under the LANDBANK Balik-Loob Lending Program (BLLP), former rebels, former extremists, and their cooperatives and associations can avail of loans to finance small businesses, such as sari-sari stores, furniture making, and tailoring, as well as agri-enterprises such as crop and livestock production, among others. Eligible borrowers can avail up to 90% of the total project cost but not exceeding P100,000.00 per borrower, with an interest rate of 5% per year, payable up to one (1) year for short term loans and up to five (5) years for term loans. As part of the ongoing contribution to the government’s peace-building efforts, LANDBANK has released a total of P1.5 million to 16 former rebels under the BLLP, as of end-September 2022.
READ MOREThe Land Bank of the Philippines (LANDBANK) announced today that it does not send official emails and text messages with clickable hyperlinks, as part of the Bank’s continuing efforts to ramp-up security and better protect customers against the prevalence of phishing and other online scams. All emails and text messages allegedly from LANDBANK or a representative of the Bank that has a clickable link is definitely fake and part of a scam. LANDBANK customers and the general public are advised not to click hyperlinks in these fake emails and text messages, and to immediately report receipt of the same to their respective Branches of account or through the LANDBANK Customer Care Hotline at (02) 8-405-7000 or 1-800-10-405-7000, or via email at customercare@mail.landbank.com. The Bank also recently warned of an online scam that uses Google Ads that lead to fake LANDBANK phishing websites. LANDBANK reiterated that it has not placed any ads on Google. The public is advised to remain vigilant against phishing websites masquerading as official LANDBANK websites, as well as all other forms of online banking fraud. Never share your account and personal information to anyone, as official LANDBANK representatives will never ask for critical financial and banking information from customers.
READ MORELANDBANK President and CEO Cecilia C. Borromeo (4th from right) and other Bank officers pay a courtesy visit to Navotas City Mayor John Reynald M. Tiangco (5th from right) on 14 October 2022, to express support to the City Government’s development agenda. NAVOTAS CITY – The Land Bank of the Philippines (LANDBANK) continues to support the City Government of Navotas towards the fulfillment of its socio-economic initiatives to drive local recovery and inclusive development. During a courtesy visit on 14 October 2022, LANDBANK President and CEO Cecilia C. Borromeo and Navotas City Mayor John Reynald M. Tiangco discussed ongoing and potential collaboration programs and projects for the benefit of Navoteños. LANDBANK has been supporting Navotas City’s infrastructure projects through the years, including the construction of the Navotas City Hospital (NCH), Navotas Columbarium and Crematory, training center, medical and wellness center, and street lights. Most recently, the Bank extended financing support to the City Government under the RISE-UP LGUs (Restoration and Invigoration package for a Self-sufficient Economy towards UPgrowth for LGUs) Lending Program, for the enhancement of the NCH and acquisition of various laboratory equipment and generator set, among others. The City Government of Navotas and LANDBANK also partnered in 2021 to provide Navoteños with a safe and efficient online payment facility to settle local government fees. Through the LANDBANK Link.BizPortal, Navoteños now enjoy the convenience of paying their real property taxes, business taxes, and other financial obligations to the City Government anytime and anywhere, without the need to physically line up at the city hall. LANDBANK currently has two branches and 10 automated teller machines (ATMs) in Navotas City, providing convenient banking services to all of its 18 barangays. LANDBANK customers include beneficiaries of the Department of Social Welfare and Development’s (DSWD) Conditional and Unconditional Cash Transfer (CCT/UCT) Programs, local government employees, teachers, and private employees.
READ MORE(clockwise from upper left) Department of Agrarian Reform (DAR) Bureau of Agrarian Reform Beneficiaries Development (BARBD) Director Dr. Ronald M. Gareza, CESO IV and LANDBANK Program Management Department I Head, Assistant Vice President Edgardo S. Luzano lead the fourth run of the LANDBANK AgriSenso Virtual Forum on 24 October 2022. Joining them are Mauanan Baluncanag Gaddangao Farmers Irrigators Credit Cooperative Treasurer Sharon B. Eugenio, Southern Isabela ARB Charibel Francesca, and Batangas Egg Producers Multi-Purpose Cooperative Director Cecille A. Virtucio. The Land Bank of the Philippines (LANDBANK) gathered small farmers and fishers, agrarian reform beneficiaries (ARBs), and their organizations to discuss the National Government’s development plan towards building sustainable and resilient agrarian reform communities. Department of Agrarian Reform (DAR) Bureau of Agrarian Reform Beneficiaries Development (BARBD) Director Dr. Ronald M. Gareza, CESO IV and LANDBANK Program Management Department I Head, Assistant Vice President Edgardo S. Luzano led the discussions during the fourth run of the LANDBANK AgriSenso Virtual Forum on 24 October 2022. They were joined by agriculture partners and loan availers, namely Mauanan Baluncanag Gaddangao Farmers Irrigators Credit Cooperative Treasurer Sharon B. Eugenio, Southern Isabela ARB Charibel Francesca, and Batangas Egg Producers Multi-Purpose Cooperative Director Cecille A. Virtucio, who shared how LANDBANK and DAR have assisted to enhance their productivity and income. Director Gareza discussed the various interventions that DAR has been carrying out to help address the challenges facing ARBs in land tenure and disputes. He also underscored the importance of support services, including capacity development and credit and marketing assistance, to support and ease the burden of ARBs. Meanwhile, AVP Luzano, together with Program Officers Glecy Angeles and Crisso Pernito, presented the features of the various credit programs being offered by LANDBANK for ARBs and their organizations. Accessible financing for ARBs, ARBOs LANDBANK and DAR have been working closely to extend affordable financing and support services for ARBs and their organizations. Under the Accessible Funds for Delivery to Agrarian Reform Beneficiaries (AFFORD-ARBs) Program, LANDBANK provides direct credit assistance to individual ARBs who are not yet members of Agrarian Reform Beneficiary Organizations (ARBOs). The loans can be used for the production of rice, corn and high-value crops, and acquisition of small farm implements, such as hand tractors and power tillers. The Bank has released a total of P506.1 million to 2,200 borrowers under the AFFORD-ARBs Program as of 30 September 2022. LANDBANK, in partnership with DAR, also implements the Credit Assistance Program for Program Beneficiaries Development (CAP-PBD), designed for ARBOs that are not yet qualified to borrow under the regular lending window of the Bank. The Program provides credit assistance and support services to ARBs through their respective organizations for crop production, agri-enterprise or livelihood and other agri-related projects. LANDBANK and DAR also offer the Expanded Assistance to Restore and Install Sustainable Enterprises for Agrarian Reform Beneficiaries and Small Farm Holders (E-ARISE-ARBs), designed to assist ARBOs which and whose members were adversely affected by natural calamities or disasters, pests and diseases, and other viral infections or outbreaks. As of September 2022, LANDBANK’s combined releases under CAP-PBD and E-ARISE-ARBs have reached P736.4 million, benefitting 219 ARBOs with more than 11,000 ARBs and small farm holder-members nationwide. Qualified ARBOs can also avail of credit assistance under the Enhanced Partnership Against Hunger and Poverty (EPAHP) Lending Program of LANDBANK, which can be used to purchase orders or contract receivables from government agencies for the provision of needed food items. The Program supports the government’s efforts to address hunger, poverty, food security and nutrition, through community participation in government contracts. LANDBANK’s total loan releases under the EPAHP Lending Program have reached P9.6 million to seven agri suppliers as of September 2022.
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 |