Himamaylan City Mayor Rogelio Raymund I. Tongson, Jr. (2nd from left) and LANDBANK West Visayas Branches Group Head First Vice President Delma O. Bandiola (3rd from left) led the inauguration of the new LANDBANK Himamaylan Branch-Lite in Himamaylan City, Negros Occidental. They are joined by (from left to right) Himamaylan City Vice Mayor Justin Dominic S. Gatuslao, LANDBANK Kabankalan Branch Head Dulce Joy J. Gayat, and LANDBANK Himamaylan Branch-Lite Head Melchor P. Genada, Jr. HIMAMAYLAN CITY, Negros Occidental – State-run Land Bank of the Philippines (LANDBANK) officially opened in this city the LANDBANK Himamaylan Branch-Lite on November 10, 2020, its 11th in the Province. This brings the number of LANDBANK’s branches and extension offices to 412 across all 81 provinces nationwide, complemented by 53 Lending Centers and 2,266 ATMs. The inauguration was led by Himamaylan City Mayor Rogelio Raymund I. Tongson, Jr. and LANDBANK West Visayas Branches Group Head First Vice President Delma O. Bandiola. They were joined by Himamaylan City Vice Mayor Justin Dominic S. Gatuslao, LANDBANK Kabankalan Branch Head Dulce Joy J. Gayat, and LANDBANK Himamaylan Branch-Lite Head Melchor P. Genada, Jr. “The establishment of the LANDBANK Himamaylan Branch-Lite is an important development for our city. Thank you very much to LANDBANK for helping Himamaylanons and the rest of our city grow,” Mayor Tongson said. LANDBANK Himamaylan Branch-Lite will augment and further improve the efficiency of LANDBANK Kabankalan Branch, and will cater to the banking needs of Himamaylan City, and the Municipalities of Binalbagan, Hinigaran, and Isabela, covering a total of 89 barangays, including other government agencies. The Branch-Lite is also expected to bring LANDBANK’s banking services closer to around 5,000 Himamaylanon farmers; 3,600 fishers; and 5,000 beneficiaries of the Department of Social Welfare and Development’s (DSWD) Unconditional Cash Transfer (UCT) Program in the City. “We hope that LANDBANK’s presence in Himamaylan will further spur economic growth and agricultural production in the city. As their partner towards inclusive and sustainable development, LANDBANK is committed to assist Himamaylan City in achieving its full potential through our banking services,” said LANDBANK FVP Bandiola. The Branch-Lite is equipped with LANDBANK’s Digital Onboarding System (DOBS), a web application which simplifies the account enrolment process from 45 minutes to only 10-15 minutes, bringing banking services closer to the people of Negros Occidental. With the opening of LANDBANK’s Himamaylan Branch-Lite, LANDBANK now operates a total of 11 branches in Negros Occidental, complementing three (3) existing branches located in Bacolod City, and one (1) each in the cities of Cadiz, Kabankalan, Sagay, San Carlos, Silay, Sipalay, and Victorias. A total of 41 ATMs are also present in the province to facilitate fast and safe cash withdrawals and transfers. For more updates, please Follow, Like and Share the official LANDBANK Facebook, Instagram and YouTube accounts (@landbankofficial), Twitter (@LBP_Official), or visit the LANDBANK website (www.landbank.com).
READ MORESTA. MARIA, Ilocos Sur – State-run Land Bank of the Philippines (LANDBANK) will open its first Agri-Hub in the province of Ilocos Sur, the LANDBANK Sta. Maria Agri-Hub, on January 15, 2021. The LANDBANK Sta. Maria Agri-Hub will provide financial and technical services to the Bank’s clients, especially to more than 10,000 farmers and fisherfolk in the municipalities of Sta. Maria, Burgos, and San Esteban. LANDBANK’s Agri-Hubs are strategically located in the top rice-producing provinces in the country and designed to provide a wide array of services. This includes 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 AR bonds and handling of agrarian-related concerns from landowners, bondholders, and Agrarian Reform Beneficiaries (ARBs). The LANDBANK Sta. Maria Agri-Hub will also offer LANDBANK’s various digital banking platforms, including the Digital Onboarding System (DOBS) which simplifies the account opening process for new clients to only 10-15 minutes. The Sta. Maria Agri-Hub will have its official inauguration on January 16, Saturday, to be led by Department of Agriculture Secretary William D. Dar, Sta. Maria Mayor Brigido Camarillo, Jr., Burgos Mayor Nathaniel D. Escobar, San Esteban Mayor Ray M. Elaydo II, and LANDBANK North Luzon Branches Group Head First Vice President Ma. Belma T. Turla. The LANDBANK Sta. Maria Agri-Hub is the 5th Agri-Hub to open nationwide, along with four (4) newly opened Agri-Hubs in Calabanga, Camarines Sur; Barotac Viejo, Iloilo; Sual, Pangasinan; and Echague, Isabela. LANDBANK now has a total network of 411 branches and 65 branch-lite units, composed of branch-lites, Agri-Hubs, LEAFs, tellering booths, and FX booths across all 81 provinces. This is complemented with 55 lending centers in strategic areas nationwide. For more updates, please Follow, Like and Share the official LANDBANK Facebook, Instagram and YouTube accounts (@landbankofficial), Twitter (@LBP_Official), or visit the LANDBANK website (www.landbank.com).
READ MOREDepartment of Agriculture (DA) Secretary William Dar (5th from left), Sta. Maria Mayor Brigido Camarillo Jr. (6th from left), and LANDBANK North Luzon Branches Group Head, First Vice President Ma. Belma Turla (4th from left) lead the inauguration and opening of Sta. Maria Agri-Hub on January 16, 2021. Joining them are (left to right) DA Assistant Secretary Noel Reyes, LANDBANK Sta. Maria Agri-Hub Head Rene Domingo, Sta. Maria Vice Mayor Michael Florendo, Philippine Coconut Authority (PCA) Board Member Rosalina Bistoyong, LANDBANK Narvacan Branch Head Department Manager Marichu Dagdagan, and DA Region 1 Director Nestor Domenden. STA. MARIA, Ilocos Sur – The Land Bank of the Philippines (LANDBANK) officially opened its newest Agri-Hub in the municipality of Sta. Maria, Ilocos—the first in the province—on January 16, 2021. The LANDBANK Sta. Maria Agri-Hub is the 5th to open nationwide, along with four (4) newly opened Agri-Hubs in Calabanga, Camarines Sur; Barotac Viejo, Iloilo; Sual, Pangasinan, and Echague, Isabela. “The establishment of Agri-Hubs is a testament to LANDBANK’s continued commitment in bringing safe, secure, and convenient financial services to unbanked and underserved rice farming areas in the country. During these challenging times, LANDBANK remains steadfast in working together with the National Government to drive support for the agriculture sector, especially to small farmers and fishers,” said LANDBANK President and CEO Cecilia C. Borromeo. Department of Agriculture (DA) Secretary William Dar, Sta. Maria Mayor Brigido Camarillo Jr., and LANDBANK North Luzon Branches Group Head, First Vice President Ma. Belma Turla led the inauguration rites. They were joined by Sta. Maria Vice Mayor Michael Florendo, DA Assistant Secretary Noel Reyes, Philippine Coconut Authority (PCA) Board Member Rosalina Bistoyong, and DA Region 1 Director Nestor Domenden, together with LANDBANK Narvacan Branch Head Marichu Dagdagan and Sta. Maria Agri-Hub Head Rene Domingo. “A ‘one-stop-shop’ commercial bank is now here in Sta. Maria—providing banking, lending, agrarian services, and processing of agrarian reform bonds and rights. Ang dami pong mga serbisyo na very accessible sa kanayunan. This will make Sta. Maria again elevate itself because as we have commercial banks established, then more economic activities will flourish,” said DA Secretary Dar. The LANDBANK Sta. Maria Agri-Hub will provide financial and technical services to the Bank’s clients, especially to more than 10,000 farmers and fisherfolk in the municipalities of Sta. Maria, Burgos, and San Esteban. It will also offer LANDBANK’s various digital banking platforms, including the Digital Onboarding System (DOBS) which simplifies the account opening process for new clients to only 10-15 minutes. "With the establishment of the Sta. Maria Agri-Hub, I am certainly the happiest person in the world right now. As a pledge of support to this Agri-Hub, I went here yesterday to open my bank account. The municipality of Sta. Maria will continue to support LANDBANK,” said Mayor Camarillo. LANDBANK’s Agri-Hubs are strategically located in the top rice-producing provinces in the country and designed to provide a wide array of services. This includes 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 AR Beneficiaries (ARBs). With the opening of LANDBANK Sta. Maria Agri-Hub, the state-run bank now operates 411 branches and 66 branch-lite units nationwide. For more updates, please Follow, Like and Share the official LANDBANK Facebook, Instagram and YouTube accounts (@landbankofficial), Twitter (@LBP_Official), or visit the LANDBANK website (www.landbank.com).
READ MOREThe Overseas Filipino Bank (OFBank) marked its first successful year as a branchless digital-only bank last June 29 by onboarding clients from a total of 113 countries and territories as of May 31, 2021. These include the top 10 destinations for the deployment of overseas Filipino workers (OFWs), namely Saudi Arabia, United Arab Emirates (UAE), Singapore, Hong Kong, Qatar, Kuwait, Taiwan, Italy, Bahrain, and Malaysia. OFBank’s cash inflow also reached P1.51 billion, composed of P849.9 million and P657 million in domestic and remittance inflows, respectively. Total outflows from withdrawals via over-the-counter (OTC), automated teller machines (ATMs) and electronic banking amounted to P1.25 billion, yielding the Bank an outstanding balance of P256.3 million as of end-May 2021. A wholly-owned subsidiary of the Land Bank of the Philippines (LANDBANK), the OFBank also officially became the very first digital bank in the Philippines after securing a digital banking license from the Monetary Board (MB) of the Bangko Sentral ng Pilipinas (BSP) on March 25, 2021. “The transformation of OFBank as a branchless digital-only bank has allowed it to serve the diverse requirements of overseas Filipinos abroad and their families back home, providing them a convenient, reliable, and secure banking experience,” said OFBank Chair and LANDBANK President and CEO Cecilia C. Borromeo. As a digital-only facility, the OFBank utilizes the Digital Onboarding System with Artificial Intelligence (DOBSAI) which allows OFWs and other Filipinos overseas and their beneficiaries to open a mobile banking deposit account online through supported mobile devices. Digital services available to OFBank account holders include fund transfers, bill payments, and government bond purchases. During the Bureau of the Treasury’s (BTr) Premyo Bonds 2 offering from November to December 2020, a total of 3,517 transactions amounting to P40.7 million were transacted through the bond purchase feature of the OFBank’s Mobile Banking App (MBA). A total of 380 transactions worth P8.3 million were also coursed through the Bank’s mobile app for the BTR’s 25th Tranche of the Retail Treasury Bonds or RTB-25 issuance from February to March 2021. As part of its financial literacy campaign, OFBank conducted 156 webinars and 336 pre-departure orientations for overseas and departing Filipinos between June 2020 and May 2021 to promote its products and services, and discuss the importance of saving, budgeting and investing, among others. The seminars were facilitated in close coordination with the LANDBANK’s Overseas Remittance Group (LBP-ORG), Philippine embassies and consulates, the Philippine Overseas Employment Administration (POEA), and the Overseas Workers Welfare Administration (OWWA). “OFBank has become a trailblazer in the country’s banking industry with its innovative products and services. We strive to continuously upgrade our operations, systems, and processes to deliver accessible and responsive banking solutions for Filipinos worldwide,” said OFBank President and CEO Leila C. Martin. OFBank is on track to enhance its mobile banking app with the inclusion of more payment merchants and the addition of a card-less withdrawal feature, among other enhancements. For more updates, please Follow, Like and Share the official OFBank Facebook Page (@OFBank), or visit the OFBank website (www.ofbank.com.ph).
READ MORE(left photo) Rizal Administrator Rafaelito V. Andres (right), Rizal Vice Mayor Bonifacio D. Soliven (left), and LANDBANK Central Luzon Branches Group Head, Senior Vice President Sylvia C. Lim (center) lead the opening of the LANDBANK Rizal NE Agri-Hub (right photo) located at Pinagpanaan-Pantabangan Junction, Poblacion Sur, Rizal, Nueva Ecija. RIZAL, Nueva Ecija – In line with its commitment to serve more farmers and fishers, the Land Bank of the Philippines (LANDBANK) opened its newest Agri-Hub in the Municipality of Rizal, Nueva Ecija—the first one in Central Luzon. The LANDBANK Rizal NE Agri-Hub is expected to provide financial and technical services to the Bank’s customers, including the more than 3,000 farmers and fishers from the municipalities of Rizal and Pantabangan. Located strategically in the top rice-producing provinces in the country, LANDBANK Agri-Hubs are designed to deliver accessible and reliable financial services to farmers nationwide. This forms part of the Bank’s thrust of responding to the developing needs of the agriculture sector, especially under the new normal. The LANDBANK Rizal NE Agri-Hub offers 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). Aside from agriculture stakeholders, the Rizal NE Agri-Hub will also service various national and local government offices, private establishments, as well as micro, small, and medium enterprises (MSMEs) in the area. It will also offer access to various digital banking platforms, including the Digital Onboarding System (DOBS) which simplifies the account opening process for new clients to only 10 to 15 minutes. Rizal Administrator Rafaelito V. Andres and LANDBANK Central Luzon Branches Group Head, Senior Vice President Sylvia C. Lim, led the inauguration of the LANDBANK Rizal NE Agri-Hub, alongside Pantabangan Mayor Roberto T. Agdipa and Rizal Vice Mayor Bonifacio D. Soliven on 29 November 2021. Located at Pinagpanaan-Pantabangan Junction, Poblacion Sur, Rizal, Nueva Ecija, the LANDBANK Rizal Agri-Hub is headed by Bessie Grace M. Lazaro under the supervision of San Jose NE Branch Head, Manager Eva B. Gomez. The Rizal NE Agri-Hub is the 6th to open nationwide, bringing LANDBANK’s physical network to 412 branches and 69 branch-lite units, with presence in all 81 provinces in the country. The five other LANDBANK Agri-Hubs are situated in Calabanga, Camarines Sur; Barotac Viejo, Iloilo; Sual, Pangasinan; Echague, Isabela and Sta. Maria, Ilocos Sur. LANDBANK targets to open four more Agri-Hubs within the year, located in Bago City, Negros Occidental; Ubay, Bohol; Baggao, Cagayan; and Candaba, Pampanga. 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 MOREThe Land Bank of the Philippines (LANDBANK) has recorded a total of 2.12 million accounts opened online through its award-winning Digital Onboarding System (DOBS) as of end-December 2021, driven by the continued rise in demand for safer digital banking services. “This new DOBS milestone underscores LANDBANK’s steadfast commitment to deliver accessible and innovative digital solutions as we respond to the changing times. This is also a testament to the Bank’s dedication to balance service delivery while ensuring the health and safety of our customers,” said LANDBANK President and CEO Cecilia C. Borromeo. Since its launch in November 2018, the LANDBANK DOBS has helped simplify the account enrolment process and reduced the account opening time of customers from 45 minutes to just 10-15 minutes. LANDBANK also launched last year the DOBS Mobile as a feature of its Mobile Banking App (MBA), which allows customers to open a LANDBANK savings account using their mobile phone without the need to go to a LANDBANK branch. Accounts opened through DOBS are automatically enrolled in LANDBANK’s array of e-banking channels, such as the LANDBANK iAccess and Mobile Banking App that facilitate simple digital banking transactions. LANDBANK account holders can also update their information as well as open a payroll account through the DOBS. The LANDBANK DOBS was cited as a pioneering web application among universal banks in the Philippines. It was awarded with a Merit Award for Technology Development by the Association of Development Financing Institutions in Asia and the Pacific (ADFIAP) Development Awards. The DOBS is accessible through LANDBANK’s official website (www.landbank.com) or through the Digital Corner of selected LANDBANK branches dedicated for walk-in clients, while the DOBS Mobile can be accessed through the LANDBANK MBA.
READ MORE(left photo) LANDBANK President and CEO Cecilia C. Borromeo (3rd from left), Real Mayor Diana Abigail D. Aquino (4th from left), and Infanta Credit and Development Cooperative Chairman Fr. Francis B. Lucas (2nd from left) lead the unveiling of the official marker of the newly inaugurated LANDBANK Real Branch. Joining them are LANDBANK Executive Vice President Julio D. Climaco, Jr. (rightmost), and Senior Vice Presidents Randolph L. Montesa (leftmost) and Althon C. Ferolino (5th from left). REAL, Quezon – In line with its aggressive thrust to promote financial inclusion in the country, the Land Bank of the Philippines (LANDBANK) officially inaugurated a new branch in the first-class municipality of Real—the first-ever commercial bank in the town. LANDBANK President and CEO Cecilia C. Borromeo, Real Mayor Diana Abigail D. Aquino, and Infanta Credit and Development Cooperative (ICDeC) Chairman Fr. Francis B. Lucas led the inauguration rites for the LANDBANK Real Branch on 03 June 2022. They were joined by LANDBANK Executive Vice President Julio D. Climaco, Jr., and Senior Vice Presidents Randolph L. Montesa and Althon C. Ferolino. “With the LANDBANK Real Branch, we are looking to support the fast-paced developments in Real and its neighboring towns. We hope that this will draw more investors to the Province and spur local economic activities,” said President and CEO Borromeo. The LANDBANK Real Branch, located in Barangay Poblacion 1, Real, will provide banking services to the 50 combined barangays of Real, Polillo and Burdeos, as well as the unbanked and underserved communities in Panukulan, Patnanungan, and Jomalig. The newly inaugurated Branch has two onsite automated teller machines (ATMs) to cater to the cash requirements of local residents, including more than 7,500 beneficiaries of the Conditional and Unconditional Cash Transfer (CCT/UCT) programs of the Department of Social Welfare and Development (DSWD), as well as government employees, teachers, and students, among others. The LANDBANK Real Branch also features a Digital Corner where customers can open a deposit account in only 15 minutes or less using the Bank’s Digital Onboarding System (DOBS). Opening an account via DOBS provides automatic enrollment to LANDBANK’s digital banking channels for safe and convenient online transactions. LANDBANK currently operates a total of 13 branches and a lending center in the Province of Quezon, complemented by 64 ATMs and cash deposit machines (CDMs) to facilitate fast, safe, and timely cash withdrawals and deposits. LANDBANK is the only bank present in all 81 provinces in the country, with a network of 607 branches and 58 lending centers as of 03 June 2022. The state-run Bank’s continued expansion across the country underscores its commitment to bring banking services closer to its priority sectors, especially in unbanked and underserved areas.
READ MOREBatanes Vice Governor Ignacio C. Villa, LANDBANK Senior Vice President Ma. Belma T. Turla, and other local government officials welcome the LANDBANK Basco Branch to its new home at the Ground Floor of the Manpower Development Center and National Agencies Building, Provincial Capitol Compound, Brgy. Kayhuvokan, Basco, Batanes. BASCO, Batanes – The LANDBANK Basco Branch recently transferred to a new and more strategic location to provide better banking services to small farmers and fishers, cooperatives, micro small and medium enterprises (MSMEs), local government units (LGUs) and other customers in all six (6) municipalities and 29 barangays in Batanes. From its former location at Santana Street in Barangay Kaychanarianan, the LANDBANK Basco Branch—the first and only LANDBANK Branch in the Province—officially transferred to the Provincial Capitol Compound in Barangay Kayhuvokan at the heart of the 5th class Municipality. “Through the LANDBANK Basco Branch, we will continue to intensify our support for the development requirements of Batanes. We are one with the Provincial Government in advancing inclusive and sustainable growth in the province,” said LANDBANK President and CEO Cecilia C. Borromeo. Batanes Vice Governor Ignacio C. Villa and LANDBANK Senior Vice President Ma. Belma T. Turla led the inauguration of the Branch in its new location on 06 June 2022. They were joined by Mahatao Mayor Pedro F. Poncio, Ivana Mayor Leonardo V. Hostallero, Itbayat Mayor Ronald V. Gutierrez, Sabtang Mayor Marcial Armando A. Alavado, Basco Vice Mayor German A. Caccam and LANDBANK Basco Branch Head Joseph L. Caliguiran. The LANDBANK Basco Branch will also cater to almost 1,500 beneficiaries of the Conditional and Unconditional Cash Transfer (CCT/UCT) Programs of the Department of Social Welfare and Development (DSWD), with two (2) Automated Teller Machines (ATMs) and one (1) Cash Deposit Machine onsite. LANDBANK also has three (3) Agent Banking Partners (ABP) covering the neighboring Municipalities of Sabtang, Itbayat, Uyugan, and Ivana to facilitate point-of-sale (POS) cash-out services on behalf of the Bank. Opening of deposit accounts in the LANDBANK Basco Branch is also made easier and more convenient with the Bank’s Digital Onboarding System (DOBS), which reduces account opening time to 15 minutes or less. “Sana ay ipagpatuloy ng LANDBANK ang suporta sa SMEs, farmers and fishermen, para sa tuloy-tuloy na pagpapaunlad ng ating kanayunan,” said Basco Vice Mayor German A. Caccam. The relocation of LANDBANK Basco Branch follows the recent inauguration of the new LANDBANK Real Branch in the Province of Quezon, the latest addition to the Bank’s network of 607 branches and 58 lending centers. The continued expansion of LANDBANK’s physical touchpoints underscores the Bank’s commitment of bringing banking services closer to unbanked and underserved areas nationwide, as part of its intensified efforts in advancing financial inclusion and in serving the nation.
READ MORE(left photo) Finance Secretary Carlos G. Dominguez III (4th from left) and LANDBANK President and CEO Cecilia C. Borromeo (5th from left), together with Mindanao Development Authority Secretary Maria Belen Sunga-Acosta (3rd from left) and Davao City Councilor Diosdado Angelo Mahipus, Jr. (2nd from left), lead the unveiling of the official marker of the LANDBANK Davao Corporate Center (right photo) on 24 June 2022 located in Bajada, Brgy. Buhangin in Davao City. They were joined by LANDBANK Director Jaime L. Miralles (leftmost), Executive Vice Presidents Alex A. Lorayes (rightmost) and Liduvino S. Geron (6th from left). DAVAO CITY – The Land Bank of the Philippines (LANDBANK) strengthens its presence in Davao City and nearby localities with the opening of a four-story corporate center in Bajada, Brgy. Buhangin, to provide convenient access to a wide array of banking services. The LANDBANK Davao Corporate Center—the bank’s biggest corporate center outside of the National Capital Region—will serve the various banking and financial needs of over 30,000 customers in East Mindanao, as it houses the Bank’s major touchpoints and local offices. Department of Finance (DOF) Secretary and LANDBANK Chairman Carlos G. Dominguez III and LANDBANK President and CEO Cecilia C. Borromeo, alongside Mindanao Development Authority (MinDa) Secretary Maria Belen Sunga-Acosta and Davao City Councilor Diosdado Angelo Mahipus, Jr., led the inauguration rites for the LANDBANK Davao Corporate Center on 24 June 2022. They were joined by LANDBANK Director Jaime L. Miralles, Executive Vice Presidents Alex A. Lorayes and Liduvino S. Geron, and other Bank senior officers. “The Davao Corporate Center underscores LANDBANK’s commitment to expanding its reach and bringing its services to all Filipinos,” said Finance Secretary Dominguez. “I see this corporate center as LANDBANK’s investment in one of the fastest-growing regions in the country. With the infrastructure build-up in the region and the great potential the area holds, rapid growth will transpire here in the next few years,” he added. Meanwhile, LANDBANK President and CEO Borromeo underlined LANDBANK’s expanded role in nation-building by supporting a broad range of development sectors. “LANDBANK has been a strong arm of the government in advancing inclusive development programs, accelerating growth of local economies, and bringing banking services to the farthest reach of our country. Moving forward, LANDBANK will build on its growth momentum and bring to a higher gear its pursuit of serving the nation,” said LANDBANK President and CEO Borromeo. Located on the ground floor of the Davao Corporate Center is the LANDBANK Bajada Branch, which will service customers from the four districts of Davao City, including various local and national government offices, private establishments and retail clients. The Branch has three onsite automated teller machines (ATMs) to cater to the cash requirements of over 40,000 beneficiaries of the Conditional and Unconditional Cash Transfer (CCT/UCT) programs of the Department of Social Welfare and Development (DSWD), government employees, teachers, students, and other local residents. The LANDBANK Bajada Branch also features a Digital Corner where customers can open a deposit account in only 15 minutes or less using the Bank’s Digital Onboarding System (DOBS). Opening an account via DOBS provides automatic enrollment to LANDBANK’s digital banking channels for safe and convenient online transactions. On the third floor of the corporate center is the LANDBANK Davao Lending Center, which will cater to the financing requirements of local farmers and fishers, agrarian reform beneficiaries, micro, small and medium enterprises (MSMEs), cooperatives, and local government units (LGUs), among the Bank’s priority sectors. The Davao Corporate Center also serves as the official station of the LANDBANK Mobile ATM and Mobile Branch in Mindanao, which are on standby to service areas disrupted by disasters and calamities, as well as unbanked and underserved communities. Other LANDBANK field offices in the corporate center are the East Mindanao Branches Group, Mindanao Lending Group, Davao Cash Operations Unit, Trust Desk, Loan Operations Management Department – Mindanao Unit, Davao Loan Operations Field Unit, Property Valuation and Credit Information Department – Davao Field Team, Cash Management Solutions Department Mindanao, Davao del Sur Accounting Center 1, Agrarian Operations Center XI, Field Legal Services XI, and Organization Development Department Mindanao. The Commission on Audit (COA) and Upland Southern Mindanao–Credit and Institutional Building Program (USM-CIBP) were also provided space within the corporate center. LANDBANK currently operates a total of nine branches and one lending center in Davao City. This is complemented by 64 ATMs, two cash deposit machines (CDMs), and eight Agent Banking Partners (ABPs) that provide basic banking services on behalf of LANDBANK in areas with limited access to formal banking. LANDBANK is the only bank present in all 81 provinces in the Philippines, with plans for continued expansion focusing on servicing the requirements of its diverse customer base nationwide.
READ MOREFinance Secretary Carlos G. Dominguez III (2nd from left), LANDBANK President and CEO Cecilia C. Borromeo (center), and incoming BSP Governor Felipe M. Medalla (rightmost) lead the inauguration rites for the LANDBANK BSP Branch on 27 June 2022. Joining them are BSP Monetary Board Members Anita Linda R. Aquino (leftmost) and V. Bruce J. Tolentino (4th from left). State-run Land Bank of the Philippines (LANDBANK) officially inaugurated a servicing unit to exclusively service the banking requirements of the Bangko Sentral ng Pilipinas (BSP). Located on the ground floor of the BSP Multi-Story Building in Malate, Manila, the LANDBANK BSP Branch will provide the central bank with convenient access to the Bank’s products and services, including payroll servicing for BSP employees and payment facilitation to its third-party suppliers. Finance Secretary and LANDBANK Chairman Carlos G. Dominguez III, LANDBANK President and CEO Cecilia C. Borromeo, and incoming BSP Governor Felipe M. Medalla led the inauguration rites for the BSP Branch on 27 June 2022. They were joined by BSP Monetary Board Members V. Bruce J. Tolentino and Anita Linda R. Aquino, Deputy Governors Eduardo G. Bobier and Bernadette Romulo-Puyat, and other LANDBANK senior officers. “The opening of the LANDBANK BSP Branch reflects our steadfast commitment to serve the requirements of the BSP in a timely and efficient manner. It also underscores our continuing support for BSP’s development agenda, in line with our unified approach in advancing financial inclusion and serving the nation,” said LANDBANK President and CEO Borromeo. More than 5,500 BSP employees—as well as employees of nearby government offices—are expected to benefit from the services of the LANDBANK BSP Branch, which is equipped with its own automated teller machine (ATM) and cash deposit machine (CDM). The servicing unit also features a Digital Corner where customers can open a deposit account in only 15 minutes or less using the Bank’s Digital Onboarding System (DOBS), a pioneering web application launched in 2019 to simplify the account enrolment process for individuals and institutional customers. Opening an account via DOBS provides automatic enrollment to LANDBANK’s digital banking channels for safe and convenient online transactions. The system also allows existing DOBS account holders to update their information. LANDBANK is the only bank present in all 81 provinces in the country with a total of 607 branches and 58 lending centers, servicing the requirements of a diverse customer base, including unbanked and underserved communities.
READ MOREAs of Fri, May 17, 2024
Buying | Selling | |
---|---|---|
USD | 57.3 | 57.9 |
JPY | 0.363599 | 0.378319 |
EUR | 61.398738 | 63.875512 |
GBP | 71.583811 | 74.471443 |
HKD | 7.317057 | 7.87469 |
As of Thu, May 16, 2024
UITF | NAVPU |
---|---|
Cash Management Fund | 1.494685 |
Money Market Fund | 1.261901 |
Money Market Plus Fund | 1.173883 |
PERA Money Market Fund | 0.998252 |
Medium-Term Bond Fund | 2.34419 |
Bond Fund | 1.906262 |
PERA Bond Fund | 1.112096 |
Balanced Fund | 2.527884 |
Growth Fund | 2.522098 |
Alpha Equity Fund | 3.203537 |
Blue Chip Equity Fund | 0.992121 |
Equity Fund | 0.821138 |
High Dividend Equity Fund | 0.937579 |
US$ Money Market Fund | 1.388169 |
Global $ Fund | 1.457032 |