Join the dynamic team of LANDBANK in pushing for financial inclusivity and countryside development.
READ MORELANDBANK’s Retirement Program is compliant with the appropriate rules and regulations issued by various regulatory bodies. These regulations support lengthy tenures resulting in capable and experienced senior personnel who have dedicated their lives and career to LANDBANK’s mandate. To improve overall work productivity, provide flexibility and retain key personnel, the Bank implements the retirement program for government employees as mandated by the Government Service Insurance System (GSIS). The GSIS offers optional and mandatory retirement schemes covered by applicable retirement laws. This personnel movement across LANDBANK has encouraged the development and growth for its next set of leaders.
READ MOREJoin the dynamic team of LANDBANK in pushing for financial inclusivity and countryside development.
READ MOREJoin the dynamic team of LANDBANK in pushing for financial inclusivity and countryside development.
READ MOREState-run Land Bank of the Philippines (LANDBANK) is ranked as one of the top 15 companies of the country—and the only government agency—to make it on LinkedIn’s list of best companies to grow one’s career. The global business and professional networking platform recently released its first-ever 2021 LinkedIn Top Companies list in the Philippines showing LANDBANK as among the best companies that “help employees build a professional foundation that sets them up for success both at the company and beyond.” LinkedIn based the list on seven key factors seen to lead to career progression, namely, (1) ability to advance, (2) skills growth, (3) company stability, (4) external opportunity, (5) company affinity, (6) gender diversity, and (7) educational background. “This recognition from LinkedIn affirms LANDBANK’s commitment to support our employees who are our most valuable asset. In LANDBANK, we endeavor to build a culture of service excellence where our employees flourish professionally, and deliver delightful service to our customers,” said LANDBANK President and CEO Cecilia C. Borromeo. LANDBANK said that the seven factors used for the LinkedIn ranking are consistent with the Bank’s efforts to invest in employee success, career development, and equity and inclusion, to ensure it maintains its reputation as an employer of choice. The Bank also prioritizes employees through the implementation of various policies centered on physical and mental wellness, as well as training and development programs. LANDBANK’s mission-vision is imbedded with its commitment to its employees to “develop and nurture talents who exemplify the highest standards of ethics, social responsibility and service excellence,” and “support diversity and cultivate a healthy work environment with equal opportunity for professional growth and advancement.” For more information about LANDBANK’s customer service channels, clients may follow the Bank’s official social media channels at @landbankofficial on Facebook and Instagram, @LBP_Official on Twitter, and @LANDBANK on Viber.
READ MORELANDBANK President and CEO Cecilia C. Borromeo (2nd from left) receives the 2021 UPAA Distinguished Alumni Award for corporate governance in banking and finance from UP Alumni Regent and UPAA President Reynaldo Laserna (3rd from left), UP Vice President for Public Affairs Elena Pernia (leftmost), and UPAA Board Member Romeo Nones (rightmost). (Photo courtesy of UPAA). Land Bank of the Philippines (LANDBANK) President and CEO Cecilia C. Borromeo was recognized as a distinguished alumnus awardee for corporate governance in banking and finance by the University of the Philippines Alumni Association (UPAA). Borromeo received the recognition for her career achievements from UP Alumni Regent and UPAA President Reynaldo Laserna, UP Vice President for Public Affairs Elena Pernia, and UPAA Board Member Romeo Nones on 19 May 2022 during the UPAA Distinguished Alumni Awards celebration. The annual award ceremony honors graduates of the State University for their outstanding achievements in their respective fields of specialization and service. Borromeo completed her Bachelor of Science degree in Agribusiness from the University of the Philippines Los Baños. She holds the distinction of being the only banker to ever hold the presidency of two government financial institutions—LANDBANK and the Development Bank of the Philippines (DBP). Since being appointed as President and CEO of LANDBANK in March 2019, Borromeo has steered the Bank’s intensified support to small farmers and fishers, further solidifying the Bank’s position as the biggest lender to the agriculture sector. LANDBANK’s reach to small farmers and fishers expanded by 270% from 889,669 in June 2019 to 3.29 million as of April 2022. Total agri loan portfolio likewise consistently grew from P236.31 billion in 2019 to P247.85 billion in 2021. Borromeo spearheaded the expansion of LANDBANK’s development thrust to serve other key sectors in support of the Government’s financial inclusion drive, while becoming the country’s second largest bank in terms of assets and deposits. LANDBANK serves as the delivery arm for cash grants for 10 million beneficiaries of the Conditional Cash Transfer and Unconditional Cash Transfer Programs of the DSWD. It also served as conduit for various amelioration especially under the Bayanihan-related programs during the pandemic. Under Borromeo’s leadership, LANDBANK has maintained its dominance as the biggest development partner of the LGU sector towards inclusive and sustainable local development, with all LGUs nationwide maintaining deposit accounts with the state-run Bank. LANDBANK is providing unbanked Philippine Identification System (PhilSys) registrants with transaction accounts. As of April 2022, the Bank has onboarded almost 8 million previously unbanked Filipinos. Borromeo has also led LANDBANK’s digitalization geared towards providing safe, accessible and convenient banking service to meet the growing needs of customers. In 2021, the Bank’s major digital platforms recorded a surge in utilization equivalent to a 19% growth in transactions facilitated and 46% in value. It was also during Borromeo’s term that the Overseas Filipino Bank (OFBank)—a LANDBANK subsidiary—was established as a digital-only and branchless bank – the first Digital Bank in the Philippines. It caters to Overseas Filipino Workers (OFWs), overseas Filipinos, and their beneficiaries. Borromeo’s banking career spans 30 years in agricultural and development lending, treasury and investment banking, public sector lending, corporate banking, global banking, wholesale banking and lending program management.
READ MOREFrom a single restaurant with 30 employees, Antonio "Chef Tony Boy" Escalante managed to translate his love for cooking into a culinary empire of multiple restaurants across the Philippines with support from LANDBANK. TAGAYTAY CITY – Just like having the right ingredients to create gastronomic experiences, to having an excellent team of chefs in the kitchen, it also takes the right people and partnerships to build a successful restaurant business. This adage rings true for Antonio "Chef Tony Boy" Escalante and the remarkable journey of the Antonio’s Group of Restaurants. Chef Tony Boy started his career not in the kitchen but in dentistry school. He then traded the dental chair for the open skies, working as a cabin crew member for Philippine Airlines for nearly a decade. However, he was only able to spread his wings and fly when he finally decided to pursue his ultimate passion – cooking. His culinary journey began at the Regency Park Institute of TAFE in Adelaide, Australia, where he honed his skills through various kitchen jobs before returning home to the Philippines. In Manila, he spent three years refining his culinary skills at the prestigious Tivoli Grill in the Mandarin Oriental Manila. In 2002, Chef Tony Boy's culinary dream materialized with the opening of his namesake restaurant in Tagaytay City. The establishment quickly became a hallmark of fine dining, lauded for its exquisite cuisine and impeccable service. Antonio’s Restaurant soon garnered numerous accolades as one of the country’s most celebrated restaurants. From 2007 to 2014, it consistently won the Best Continental Restaurant Award at Manila's Best Kept Restaurant Secrets Awards. From 2008 to 2013, it was the sole Filipino entry in the Miele Guide's Top 20 Southeast Asian restaurants, even reaching number five in the 2010 edition. Antonio's also secured the top 48th spot on Asia's Best Restaurants in 2015. Expanding the Culinary Vision with LANDBANK Chef Tony Boy wanted to expand Antonio’s operations beyond a single restaurant. In 2006, he established the Escanova Ventures which housed Antonio’s Restaurant and Breakfast at Antonio’s. He then embarked on a new venture in 2015 and put up “Balay Dako,” a restaurant offering traditional local fare and fusion cuisine with great views of Taal Lake. This required significant financial investment, with more capital needed to see plans for further expansion materialize. In 2017, Chef Tony Boy turned to Land Bank of the Philippines (LANDBANK) for a P113-million loan. This was the start of a productive partnership that laid the groundwork for sustained growth and success. The LANDBANK support supplemented Escanova Ventures’ capital, which enabled the expansion of Antonio's Fine Dining and the renovation of Breakfast at Antonio's. The loan also helped build BP One Foods Inc. to spearhead the restaurant chain's expansion across Luzon. The state-run Bank also remained a steadfast partner throughout crises, offering financial solutions and support when Antonio's Group was tested during the 2019 Taal Volcano eruption and the subsequent COVID-19 pandemic. "At the height of the pandemic, LANDBANK was there for us. They provided deferments, helped us analyze our finances, and offered tailored products that perfectly addressed our needs," shared Chef Tony Boy. Basti Escalante led the pivot to distribution and sale of Antonio’s popular products in Metro Manila during the pandemic through Pedro the Grocer. He has since played a significant role focusing on the retail side of the business. From then on, Basti became an active partner, focusing on the retail and business side of the Antonio’s chain of restaurants. This father-and-son collaboration further strengthened the Antonio's Group, allowing them to adapt and thrive amidst challenging circumstances. Empowered by LANDBANK's support, Chef Tony Boy emerged from the pandemic with renewed confidence to expand further. This financial backing and trust allowed the Antonio's Group to navigate the crises and adapt to grow amidst uncertainties. "LANDBANK believed in us, our goals, and how we run our business. This trust, even during the pandemic, was a stamp of approval that gave us the confidence to expand our ventures," said Chef Tony Boy. Cooking a Culinary Legacy What started as a single restaurant with a team of 30 has blossomed into a culinary empire of almost a thousand employees. Today, the Antonio's Group of Restaurants continues to flourish, driven by Chef Tony Boy's passion, Basti's innovative spirit, and the unwavering support of LANDBANK. "With LANDBANK's help, their banking expertise, and the dedication of their employees, we have been able to expand into Metro Manila and other cities. They have been instrumental in realizing our expansion plans," said Chef Tony Boy. Fueled by LANDBANK's commitment to empowering Filipino entrepreneurs, Chef Tony Boy’s story transcends mere culinary success. It's a narrative of how the right ingredients, the right people, and the right partnerships can create a recipe for business excellence. ABOUT LANDBANK LANDBANK is the largest development financial institution in the country promoting inclusive and sustainable development to benefit Filipinos. The Bank is present in all 82 provinces in the country, committed to providing accessible and responsive financial support to key players and industries as part of its broader thrust of serving the nation.
READ MORERoderick Capalongan left his career in advertising in 2014 to venture into mushroom farming, and is now a leading supplier of mushrooms in his home town of Solano, Nueva Vizcaya, including Manila, Isabela, Cagayan Valley, Tarlac, and Pampanga. SOLANO, Nueva Vizcaya – Roderick Capalongan built a dynamic career in advertising, mastering project management, below-the-line communications, and complex campaign operations. But what started as a side hustle soon turned into his true passion—mushroom farming. Inspired by a fellow farming enthusiast, Roderick initially ventured into mushroom production to generate extra income for his family. However, what began as a small project soon became his full-time calling. In 2014, he left advertising behind to grow mushrooms on a 2-hectare farmland he inherited from his grandfather. Roderick named his own farm “Mushroom Man” and used recycled agricultural waste, such as rice straw, as substrate to grow oyster mushrooms. As demand grew, so did Roderick’s desire to scale up the business. In 2016, he found a reliable partner in Land Bank of the Philippines (LANDBANK) which stepped in with an initial loan of P300,000.00, giving Roderick the boost he needed to expand his operations. “Salamat sa LANDBANK dahil palagi silang handang sumuporta sa akin at sa projects ko. Sa tulong nila, nakapagpatayo ako ng facilities at nakapag-expand ng farm ko,” said Roderick. Over the years, LANDBANK has extended a total of P6.25 million to support Roderick’s mushroom production, which covered the purchase of equipment and the construction of mushroom housing, and even the expansion to tilapia and catfish production. The Mushroom Man currently delivers fresh produce daily to market outlets in Nueva Vizcaya and Manila, as well as in the provinces of Isabela, Tarlac, Pampanga, Cavite and Cagayan Valley. Innovation meets sustainability Roderick adopted an integrated farming business model that combines mushroom production with tilapia fish farming to minimize farm waste, reduce operational costs, and promote resource efficiency. One of his sustainable farm methods involve recycling mushroom spent—a byproduct of his mushroom production—to cultivate duckweeds as an alternative to artificial commercial fish feeds. This recycling practice reduced the cost of his tilapia production by half and significantly increased his profits. “Sa panahon ngayon, tumataas na ang presyo ng farm inputs, tulad ng tilapia feeds. Kaya kailangan maging resourceful para gumanda ang kita,” said Roderick. During the COVID-19 pandemic, Roderick also expanded his product line to include processed mushroom products, which include siomai, crispy mushroom, mushroom spread, and chili paste, alongside organic fertilizers. Roderick adopted an integrated farming business model that combines mushroom production with tilapia fish farming, wherein he uses discarded mushroom spent to produce duckweeds which serves as a natural alternative to fish feeds. A trailblazer in mushroom and integrated farming In recognition of his innovative practices and contributions to the local mushroom industry, LANDBANK conferred to Roderick the “Ulirang Magsasaka – Special Award for Integrated Farming” at the Bank’s Models of Excellence Recognition Initiative for Top Bank Clients (MERIT) Awards. Roderick and his wife, Sheila Capalongan, receive the special citation for integrated farming during the LANDBANK MERIT Awards in Malate, Manila. Roderick and his wife, Sheila Capalongan, receive the special citation for integrated farming during the LANDBANK MERIT Awards in Malate, Manila. The MERIT Awards celebrated the Bank’s top development partners in the delivery of essential financial and support services in local communities nationwide. Roderick’s farm has become the model mushroom farm in Nueva Vizcaya, attracting local and foreign visitors, including students, cooperatives and associations, to learn from his expertise about mushroom and integrated farming. National agencies like Department of Science and Technology (DOST), Department of Agriculture (DA), Department of Agrarian Reform (DAR), and state universities also work closely with the farm to promote sustainable farming practices and enhance agricultural education. Looking ahead, Roderick plans to build a farm school to train aspiring agri-entrepreneurs in mushroom production and elevate Nueva Vizcaya as a hub for oyster mushroom production. He likewise plans to train abroad to refine his skills and learn best global practices to help boost the local industry. “We are planning to train sa ibang bansa para mag-uwi ng advanced technology at matuto ng modern practices for mushroom production. Naniniwala ako na kaya natin magkaroon ng globally competitive mushroom industry,” said Roderick. A Journey from Campaigns to Cultivation Roderick Capalongan’s journey from the advertising world to agriculture is a testament to his adaptability to embrace change and passion to pursue his calling. With LANDBANK as his trusted partner, he continues to thrive—proving that success grows where passion and innovation meet. Through partnerships like these, LANDBANK is empowering farmers and Filipinos nationwide for a better future. About LANDBANK LANDBANK is the largest development financial institution in the Philippines with the largest portfolio in support of agriculture, fisheries, and rural development. Promoting financial inclusion, digital transformation, and sustainable national development, the Bank is present in all 82 provinces in the county and is committed to provide accessible and responsive financial solutions to empower Filipinos from countryside to countrywide.
READ MORERetired educator Dra. Celeste N. Querijero now devotes her time to cultivating mushrooms and managing her farm in Misamis Oriental, which has become a model of sustainable and inclusive farming. OPOL, Misamis Oriental — After dedicating 44 years to shaping minds as an agriculture professor at the Mindanao State University (MSU), Dra. Celeste N. Querijero was offered a prestigious international consultancy post — a tempting opportunity that recognized her expertise and decades of experience. But she chose to stay closer to home to empower small farmers in the community by sharing her knowledge of sustainable farming that defined her teaching career. "Even before I retired, I already had a deep passion for agriculture,” she shared. “As MSU’s coordinator for extension services, I saw firsthand the pressing needs of our farmers. They wanted knowledge, access, and a stable livelihood. So after retirement, I volunteered myself to serve. It’s my way of giving back after all the blessings I’ve received throughout my career," she said. True to this calling, Dra. Querijero founded the CNQ Diversified Farm in Sitio Saguing Patag, named after her initials. With mushrooms as her flagship crop — an expertise she honed while writing her dissertation in Thailand — she began cultivating oyster mushrooms, and later expanded into a diversified farm ecosystem which includes mulberries, ilang-ilang, coconuts, mangoes, vegetables, legumes, peanuts, sweet potatoes, and ube. Empowered by LANDBANK support Dra. Querijero used the loan from LANDBANK to build a multi-purpose facility, which includes a mushroom growing house on the ground floor. To scale up her farm’s operations, Dra. Querijero tapped LANDBANK’s low-interest financing under the Agricultural Competitiveness Enhancement Fund (ACEF) Lending Program, implemented in partnership with the Department of Agriculture (DA). The funds enabled her to invest in modern equipment and build a multi-purpose facility as an additional production area and training venue for farmers and stakeholders. From an initial annual yield of 8,000 oyster mushroom packs, CNQ Diversified Farm now produces 20,000 packs distributed to leading malls such as SM, Ayala, and Robinsons, and even reaching markets in Bohol and Cebu. The expansion also created employment for 21 locals, with women comprising 80% of the workforce. A learning hub for sustainable and inclusive farming Beyond its produce, what sets CNQ Diversified Farm apart is its role as a learning hub for sustainable and inclusive farming. Dra. Querijero regularly hosts agriculture-related training sessions in partnership with Technical Education and Skills Development Authority (TESDA), Department of Science and Technology (DOST), Provincial Agriculture Office (PAGRO), and other government agencies. Dra. Querijero is even in talks with European stakeholders who are interested to take agri training programs. The CNQ Diversified Farm is fast becoming a model for sustainable and inclusive farming, and a convergence zone for universities, government institutions, and local government units eager to replicate its success and promote rural development. The farm’s innovative practices have also become the subject of academic research, culminating in a published book authored by graduate students. “I’m here to guide and teach — not just to build a farm, but to build lives,” said Dra. Querijero. “LANDBANK made this possible by believing in my vision. The loan gave me breathing room — low interest, one-year grace period, and flexible terms — so I could focus on growing before repaying.” LANDBANK’s steadfast commitment to agriculture LANDBANK serves as the DA’s conduit bank in implementing the ACEF Lending Program, which is designed to empower marginalized players in the agriculture sector through affordable credit and support services. Under this Program, individual farmers and fishers can borrow up to ₱1 million, while cooperatives, associations, and MSMEs can access up to ₱5 million for farm inputs, machinery, and facilities essential to production and processing. As of March 2025, LANDBANK has released ₱14.6 billion in loans under the ACEF Lending Program, benefiting 97,162 borrowers nationwide — 98% of whom are small farmers and fishers. ABOUT LANDBANK LANDBANK is the largest development financial institution in the country promoting financial inclusion, digital transformation, and sustainable national development. Present in all 82 provinces in the county, the Bank is committed to provide accessible and responsive financial solutions to empower Filipinos from countryside to countrywide.
READ MOREConsistent with LANDBANK’s efforts to maintain a healthy workplace for employees, partners and clients, and to implement preventive measures against localize transmission of Coronavirus Disease 2019 (COVID-19), we enjoin all job applicants to send their application through email: lbpcareer@mail.landbank.com or check our job openings at www.landbank.com/careers in lieu of walk-in application, which at this time will not be allowed until further notice. Resumption of regular recruitment activities of the Bank will be announced through the Bank’s various communication channels. For updates, you may check our official Facebook and Twitter accounts. Thank you.
READ MOREAs of Thu, September 25, 2025
| Buying | Selling | |
|---|---|---|
| USD | 57.35 | 58 |
| JPY | 0.380045 | 0.395734 |
| EUR | 66.376786 | 69.11338 |
| GBP | 76.03933 | 79.174292 |
| HKD | 7.346167 | 7.912824 |
As of Thu, September 25, 2025
| UITF | NAVPU |
|---|---|
| Cash Management Fund | 1.586706 |
| Money Market Fund | 1.331651 |
| Money Market Plus Fund | 1.245676 |
| PERA Money Market Fund | 1.03594 |
| Medium-Term Bond Fund | 2.521508 |
| Bond Fund | 2.08594 |
| PERA Bond Fund | 1.240468 |
| Balanced Fund | 2.658627 |
| Growth Fund | 2.635587 |
| Alpha Equity Fund | 3.109223 |
| Blue Chip Equity Fund | 0.956648 |
| Equity Fund | 0.809122 |
| High Dividend Equity Fund | 1.0517 |
| US$ Money Market Fund | 1.449414 |
| Global $ Fund | 1.587266 |
