Bongabong Municipal Mayor Elegio A. Malaluan (5th from left) and Vice Mayor Richard S. Candelario (4th from left), together with LANDBANK representatives, lead the groundbreaking ceremony at the LGU municipal compound on 6 September 2022. The activity was witnessed by LGU officials and several local businessmen from the Municipality. BONGABONG, Oriental Mindoro – To better serve the requirements of farmers and fishers, a Land Bank of the Philippines (LANDBANK) Agri-Hub will soon rise at the compound of the Municipal Government of Bongabong. Bongabong Mayor Elegio A. Malauan, together with LANDBANK Oriental Mindoro Lending Center Head, Assistant Vice President Edwin Roel Ramos; Calapan San Vicente Branch Head, Department Manager Ferdinand E. Abas; and Pinamalayan Branch Head Lizza Mae D. Camposano, led the groundbreaking ceremony on 6 September 2022. Mayor Malauan expressed his gratitude to LANDBANK, as the new touchpoint in the locality will spur local economic growth and development—which are priorities under his administration. “The establishment of this Agri-Hub is a testament to our continued commitment to serve key players in the agribusiness value chain. We hope to generate more economic opportunities and activities in the Municipality and nearby areas,” LANDBANK President and CEO Cecilia C. Borromeo said. The construction of the LANDBANK Bongabong Agri-Hub is set to commence within the month and expected to be inaugurated in late December 2022, in addition to the Bank’s 10 existing Agri-Hubs nationwide. The Bongabong Agri-Hub will provide accessible financial services mainly to the 12,233 farmers and fishers in the Municipality, to complement the nearest LANDBANK Lending Center in Calapan City. The Agri-Hub will also deliver banking services to public and private clients of the Bank, including 5,360 beneficiaries of National Government’s Conditional and Unconditional Cash Transfer (CCT/UCT) Programs in the Municipality. The LANDBANK touchpoint will be equipped with various digital banking platforms, including the Digital Onboarding System (DOBS), which simplifies the account opening process for new clients to only 10-15 minutes.
READ MOREUP President Atty. Danilo L. Concepcion (2nd from right) and LANDBANK Executive Vice President Liduvino S. Geron (3rd from right) lead the groundbreaking ceremony for the new LANDBANK UP Diliman Branch Building at the UP Diliman Campus in Quezon City on 21 November 2022. DILIMAN, Quezon City – The University of the Philippines (UP) and the Land Bank of the Philippines (LANDBANK) held a groundbreaking ceremony for a four-story building that will house the LANDBANK UP Diliman Branch. Located along Jacinto Street at the UP Diliman Campus, the new site of the LANDBANK UP Diliman Branch will feature a bigger space with more parking slots, to provide members of the UP community, and nearby communities, with more convenient access to the Bank’s products and services. UP President Atty. Danilo L. Concepcion and LANDBANK Executive Vice President Liduvino S. Geron led the ceremony on 21 November 2022. They were joined by UP Vice President for Development Elvira A. Zamora, UP Diliman Vice Chancellor for Planning and Development Raquel B. Florendo, LANDBANK Senior Vice President Marilou L. Villafranca, and UP Diliman Branch Head Malaine P. Baui. President Concepcion said that the soon-to-rise building reflects the strong partnership between UP and LANDBANK, adding that the new site is more strategic for the Bank to service the entire UP community. The construction of the building will be financed by LANDBANK and is expected to be completed by 2024. Aside from the UP Diliman Branch on the ground floor, the building will also house UP offices on the second to fourth floors. “LANDBANK stands ready in boosting the operational efficiency of the UP Diliman Campus, as well as the entire UP System, through our banking products and services. We are one with the University in undertaking meaningful programs and initiatives in the service of the Filipino people and the nation,” said LANDBANK President and CEO Cecilia C. Borromeo. The new UP Diliman Branch is designed with four on-site automated teller machines (ATMs), to complement LANDBANK’s four offsite ATMs across the campus, with one mobile ATM on standby. The Branch will also feature a more spacious Digital Banking Corner where customers can open a deposit account in as fast as 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, such as the LANDBANK Mobile Banking App and iAccess, for safe and convenient online transactions.
READ MORE(left photo) President Ferdinand R. Marcos, Jr. (2nd from left), with CSC Commissioner Aileen Lizada (leftmost), bestows the Presidential Lingkod Bayan Award to LANDBANK for its Digital Onboarding System (DOBS) in Malacañan Palace on 8 March 2023. Conferred with the award are LANDBANK Senior Vice Presidents Althon C. Ferolino (3rd from left) and Sylvia C. Lim (not in photo), Vice President Grace Ofelia Lovely V. Dayo (5th from left), Assistant Vice President Aurelia M. Lavilla (4th from left), and Division Chief Carla B. Mirabueno (6th from left). (right photo) Customer Associate Reymond D. Gonzales also receives the Dangal ng Bayan Award for his exemplary performance as a Roving Teller during the height of the COVID-19 pandemic. (Photos courtesy of the Civil Service Commission) President Ferdinand R. Marcos, Jr. conferred to the Land Bank of the Philippines (LANDBANK) two recognitions for its excellence, dedication and commitment to public service during the awarding ceremony in Malacañang Palace on 8 March 2023. The President led the awards rites of the Civil Service Commission’s (CSC) annual Honor Awards Program (HAP), which recognizes models of exceptional service and aims to motivate other public servants to enhance their performance and become more involved in public service. “I congratulate you, not only for your award, but I congratulate you for the service that you have given to the Filipino people. You have clearly demonstrated that a compassionate and genuine heart lies at the center of your efforts,” said President Marcos in addressing the awardees. LANDBANK won the Presidential Lingkod Bayan (PLB) award for its client-centered and multi-awarded digital platform, the Digital Onboarding System (DOBS), which has helped simplify the account enrolment process and reduced the account opening time of customers. As of 31 December 2022, the DOBS has facilitated the opening of 3.6 million accounts, including accounts opened for LANDBANK’s wholly-owned subsidiary, the Overseas Filipino Bank (OFBank), in servicing the continued rise in demand for responsive digital banking services. The PLB Award recognizes individuals or groups for exceptional or extraordinary contributions resulting from an idea or performance that had a nationwide impact on public interest, security, and patrimony. The LANDBANK DOBS Team is led by Senior Vice President Althon C. Ferolino, with members Senior Vice President Sylvia C. Lim, Vice President Grace Ofelia Lovely V. Dayo, Assistant Vice President Aurelia M. Lavilla, and Division Chief Carla B. Mirabueno. Meanwhile, Reymond D. Gonzales was honored with the Outstanding Public Officials and Employees Award or the Dangal ng Bayan (DNB) Award for his exemplary performance as a Customer Associate (Roving Teller) during the height of the COVID-19 pandemic. Amid mobility restrictions and health risks, Gonzales ensured that LANDBANK Branches had sufficient cash requirements to service customers in Zamboanga City and Zamboanga Sibugay, including the island provinces of Basilan, Sulu, and Tawi-Tawi. The DNB Award is conferred on an individual for the performance of extraordinary acts of public service and consistent demonstration of exemplary ethical behavior. “We are deeply honored to receive these awards, which recognize LANDBANK’s steadfast commitment to providing responsive services beyond banking to all our customers. We are inspired to further intensify our development efforts towards serving the nation,” said LANDBANK President and CEO Cecilia Cayosa Borromeo. The CSC Honor Awards are the highest recognition given by the National Government to individuals or groups who have shown excellence, dedication, and commitment to public service.
READ MOREBacacay Mayor Armando B. Romano and LANDBANK Senior Vice President Althon C. Ferolino lead the opening of the LANDBANK Bacacay Branch-Lite on 27 March 2023, establishing the very first commercial bank in the municipality of Bacacay, Albay. (Inset) Mayor Romano breaks his piggy bank during the inauguration, which he then deposited to a LANDBANK account. BACACAY, Albay – In line with its thrust to promote inclusive economic growth, the Land Bank of the Philippines (LANDBANK) established the first-ever commercial bank in this 2nd class municipality. LANDBANK officially opened its Bacacay Branch-Lite on 27 March 2023 in Barangay 11 to cater to the banking needs of residents in the town’s 56 barangays, as well as the nearby municipalities of Malilipot and Sto. Domingo. Bacacay Mayor Armando B. Romano and LANDBANK Senior Vice President Althon C. Ferolino led the opening of the Branch-Lite, together with Malilipot Mayor Cenon Volante and other local government officials. They were joined by LANDBANK Bacacay Branch-Lite Head Vincent Villar, current and former Tabaco Branch Heads, Marivic R. Nuñez and Emmanuel B. Hizola, respectively, and Legazpi Branch Head Assistant Vice President Cesar A. Ramirez. “Napakalaki po ng matitipid ng Bacacayanos with the opening of a LANDBANK Branch-Lite here in our municipality. With this, we hope to encourage our constituents to open formal bank accounts and establish a savings fund for their future,” said Mayor Romano. To set an example for his constituents, Mayor Romano opened his personal piggy bank during the inauguration and deposited his savings to a LANDBANK account, becoming the very first depositor of the Branch-Lite. The newly inaugurated Branch houses one automated teller machine (ATM) and one cash deposit machine (CDM) to cater to the cash requirements of local residents, including more than 7,600 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 and students, among others. To help simplify the account enrolment process and reduce the account opening time of customers, the LANDBANK Bacacay Branch-Lite also features a Digital Corner where customers can open a deposit account using the Bank’s Digital Onboarding System (DOBS). With the opening of its Branch-Lite in Bacacay, LANDBANK now has seven Branch and Branch-Lite units in the Province of Albay – two (2) in Legazpi City, one (1) each in the cities of Ligao and Tabaco and the municipalities of Daraga and Polangui, complemented by 43 ATMs and four CDMs.
READ MORE(left photo) LANDBANK President and CEO Cecilia Cayosa Borromeo (leftmost) and Sta. Ana Vice Mayor Catherine J. Ladrido (rightmost) lead the inauguration of the LANDBANK CEZA (Cagayan) Branch-Lite (right photo) in the Municipality of Sta. Ana in Cagayan. Joining them are CEZA representative Engr. Carlo D. Sales (2nd from right), LANDBANK Director Atty. David D. Erro (5th from right), Executive Vice President Liduvino S. Geron (3rd from right), and Senior Vice President Ma. Belma T. Turla (4th from right). STA. ANA, Cagayan – The Land Bank of the Philippines (LANDBANK) officially inaugurated a branch-lite unit in this second-class town, in an effort to promote inclusive growth and development in the Province of Cagayan. Located on the ground floor of the Cagayan Special Economic Zone (CEZA) Corporate Center in Barangay Centro, the LANDBANK CEZA (Cagayan) Branch-Lite will provide convenient and accessible banking products and services to all the 16 barangays of Sta. Ana and the 25 barangays of Gonzaga. The new touchpoint will ease the burden of residents, including CEZA investors and co-locators, from traveling about 80 kilometers to perform their transactions at the nearest LANDBANK branch in the town of Aparri. LANDBANK President and CEO Cecilia Cayosa Borromeo and Sta. Ana Vice Mayor Catherine J. Ladrido led the inauguration rites for the LANDBANK CEZA (Cagayan) Branch-Lite on 28 April 2023. They were joined by CEZA Acting Head for Freeport Facility Department (FFD) and Environmental and Public Safety Department (EPSD) Engr. Carlo D. Sales, LANDBANK Director Atty. David D. Erro, Executive Vice President Liduvino S. Geron, and Senior Vice President Ma. Belma T. Turla. “The LANDBANK CEZA (Cagayan) Branch-Lite underscores the Bank’s continuing commitment to bolster economic growth in the municipality of Sta. Ana and its neighboring towns. This touchpoint makes banking products and services more accessible to Cagayanos, in line with the National Government’s financial inclusion agenda,” said LANDBANK President Borromeo. Meanwhile, Sta. Ana Vice Mayor Ladrido expressed her gratitude to LANDBANK for its continued support to the development of the town. “It is really through your support that changed the lives of many of our constituents here, including the agriculture and fisheries sector. Rest assured that we have rendered all our support to LANDBANK,” she said. The newly inaugurated branch-lite is also expected to service customers from geographically isolated and disadvantaged areas, including the coastal towns of Divilacan, Maconacon, Palanan, and Dinapigue in the Province of Isabela. Customers from the barangays of Bolos Point in Gattaran and Valley Cove in Baggao—where access roads to their respective commercial towns are still being developed—will also benefit from its services. The LANDBANK CEZA (Cagayan) Branch-Lite has an automated teller machine (ATM) and cash deposit machine (CDM) to facilitate cash withdrawals and real-time deposits for over 3,500 combined beneficiaries of the Conditional and Unconditional Cash Transfer (CCT/UCT) programs of the Department of Social Welfare and Development (DSWD), local government employees, private depositors, and other customers. To help simplify the account enrolment process and reduce the account opening time of customers, the branch-lite also features a Digital Corner where customers can conveniently open a deposit account using the LANDBANK Digital Onboarding System (DOBS). LANDBANK is the only bank present in all 82 provinces of the country, with 607 branches and branch-lite units, 58 lending centers, 2,906 ATMs, 224 CDMs, and 1,072 Agent Banking Partners (ABPs).
READ MOREThe Land Bank of the Philippines (LANDBANK) posted a 30% growth in value for its major digital banking platforms in the first quarter of 2023 compared to the same period last year. The increase to 735.95 billion from the previous year’s P567.6 billion was facilitated by a total of 41.2 million transactions representing a 5% rise year-on-year via the LANDBANK Mobile Banking App (MBA), weAccess, Electronic Modified Disbursement System (eMDS), Link.BizPortal, iAccess, and the LANDBANK Bulk Crediting System (LBCS). "The growing adoption and utilization of our digital channels is a testament to LANDBANK’s steadfast commitment to provide safe and convenient banking services. We remain focused on investing in our digital infrastructure to meet the evolving and diverse needs of our customers," said LANDBANK President and CEO Cecilia Cayosa Borromeo. The LANDBANK Link.BizPortal, the Bank’s web-based payment channel, facilitated 2.18 million transactions which translate to a 58% climb amounting to P3.0 billion in value. Both the LANDBANK weAccess and iAccess recorded value increases of 39% and 2%, amounting to P199.38 billion and P4.6 billion, respectively. The LANDBANK MBA’s facilitated value also went up by 31% to P61.79 billion with an 8% jump in total transactions of 32.2 million. The LBCS saw the biggest increase in value at 1,402% amounting to P19.7 billion from 1.8 million recorded transactions. The Bank's eMDS platform likewise experienced significant growth in value by 22% to P447.5 billion from a total of 597,496 transactions, which is equivalent to about 85% of all disbursements of the National Government in the first three months of the year. Meanwhile, a total of 4 million accounts have been opened via the LANDBANK Digital Onboarding System (DOBS) since 2018, which include accounts opened for clients of the Overseas Filipino Bank (OFBank), the official digital bank of the Philippine government and a subsidiary of LANDBANK. LANDBANK's continuing digital innovations has enabled it to provide convenient and accessible banking services to more Filipinos, in line with its thrust of advancing financial inclusion in the country.
READ MORE(left photo) LANDBANK President and CEO Lynette V. Ortiz (6th from right) and Davao de Oro First District Representative Congresswoman Maria Carmen S. Zamora (8th from right) lead the ribbon cutting at the inauguration of the LANDBANK Monkayo Branch in Davao de Oro on 09 November 2023. Joining them are LANDBANK Director Atty. David D. Erro (4th from right), Monkayo Councilor Manuel N. Zamora, Jr. (10th from right), together with other LANDBANK senior executives and local government officials. MONKAYO, Davao de Oro – The Land Bank of the Philippines (LANDBANK) continues to advance financial inclusion in the country with the opening of its newest branch in the first-class town of Monkayo in the province of Davao de Oro. Located in Barangay Poblacion, the LANDBANK Monkayo Branch makes banking services more convenient to clients from the 73 combined barangays of Monkayo and the neighboring towns of Compostela, Montevista and New Bataan. This is the second LANDBANK branch in Davao de Oro, replacing the previous LANDBANK Easy Access Facility (LEAF) in the municipality, to provide improved and expanded banking services to the Province. LANDBANK President and CEO Lynette V. Ortiz and Davao de Oro First District Representative Congresswoman Maria Carmen S. Zamora led the inauguration rites for the LANDBANK Monkayo Branch on 09 November 2023. They were joined by LANDBANK Director Atty. David D. Erro, Monkayo Councilor Manuel N. Zamora, Jr., and other LANDBANK senior executives and local government officials. “To keep in stride with local developments—not to mention Monkayo being the most populous town in the Province—we deemed it fitting to upgrade the previous LEAF into a full-fledged branch. We are now able to offer a wider range of services, as we complement the local government's vision of establishing a one-stop shop for basic public services,” said LANDBANK President Ortiz. For her part, Congresswoman Zamora thanked LANDBANK for its unwavering service to the nation and the Filipino people. “Without LANDBANK, government could not reach far-flung areas and could not reach ordinary Filipinos who need services,” she said. The newly inaugurated branch is equipped with an automated teller machine (ATM) and cash deposit machine (CDM) to facilitate fast, safe, and timely cash withdrawals and deposits of residents from the covered areas. LANDBANK clients who will benefit from the new touchpoint include over 53,000 Conditional and Unconditional Cash Transfer (CCT/UCT) program beneficiaries of the Department of Social Welfare and Development (DSWD), 7,000 farmers and fishers, as well as government employees, teachers, and students, among others. The LANDBANK Monkayo Branch likewise features a Digital Corner where customers can open a deposit account in as fast as 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 is the only bank present in all 82 provinces in the country, with a network of 606 branches and branch-lite units and 59 lending centers, 16 of which are in Mindanao. LANDBANK’s continued expansion across the country underscores its commitment to bringing banking services closer to its mandated and priority sectors, especially in unbanked and underserved areas.
READ MORELANDBANK President and CEO Lynette V. Ortiz (3rd from left) and PDIC President Roberto B. Tan (2nd from left) lead the signing of the IRR and Data Sharing Agreement for the issuance of LANDBANK VISA Debit Cards to deposit insurance claimants of closed bank depositors, witnessed by PDIC Vice President Adalzon P. Banogon (leftmost) and LANDBANK Executive Vice President Liduvino S. Geron (rightmost). To expedite the disbursement of insurance claims, the Land Bank of the Philippines (LANDBANK) and the Philippine Deposit Insurance Corporation (PDIC) have partnered to provide LANDBANK accounts to Deposit Insurance Claimants (DICs) affected by bank closures. LANDBANK and PDIC signed the Implementing Rules and Regulations (IRR) and Data Sharing Agreement on 23 November 2023 in Makati City for the issuance of LANDBANK VISA Debit Cards to deposit insurance claimants of closed bank depositors. The partnership was formalized by LANDBANK President and CEO Lynette V. Ortiz and PDIC President Roberto B. Tan, with LANDBANK Executive Vice President Liduvino S. Geron and PDIC Vice President Adalzon P. Banogon as witnesses. "LANDBANK is one with PDIC in ensuring the swift disbursement of insurance claims. It is our privilege to complement your programs through our innovative banking solutions for the benefit of depositors," said LANDBANK President Ortiz. DICs can use the VISA Debit Cards at LANDBANK’s extensive network of 606 branches and branch-lite units across all 82 provinces of the country, ensuring access in even the most remote areas and communities nationwide. The LANDBANK VISA Debit Cards can also be used at 2,984 LANDBANK ATMs nationwide. DICS can also perform cash withdrawal and balance inquiry for free from 2,807 7-Eleven ATMs in Metro Manila and other major provinces in the country. "We extend our heartfelt gratitude to LANDBANK for embarking on this journey with us, being PDIC's unwavering ally in providing depositor protection to our countrymen," said PDIC President Tan. DICS can open a LANDBANK account through the Digital Onboarding System (DOBS), enabling clients to initiate the process online before visiting the branch to finish the account opening in as fast as 15 minutes. Clients also get access to LANDBANK’s digital banking products and services, including the Mobile Banking App, for more efficient and convenient management of finances. The collaboration between LANDBANK and PDIC is geared towards the protection of depositors and enhancement of public service delivery through the use of digital banking solutions.
READ MORELANDBANK President and CEO Lynette V. Ortiz (3rd from right), together with Tourism Secretary and former Liloan Mayor Ma. Esperanza Christina Garcia Frasco (4th from right), House Deputy Speaker and Cebu 5th District Representative Vincent Franco D. Frasco (5th from right), and Liloan Mayor Aljew Fernando J. Frasco (6th from right), leads the inauguration of the LANDBANK Liloan Branch-Lite on 08 December 2023. Joining them are LANDBANK Directors Atty. David D. Erro (leftmost) and Nancy D. Irlanda (2nd from left), Liloan Vice Mayor Darwin T. Apas (7th from left), and other local officials. LILOAN, Cebu – The Land Bank of the Philippines (LANDBANK) opened a new branch-lite unit in this first-class town, as part of its commitment to promote greater financial inclusion and bolster Cebu Province’s bid for sustainable development. Located in front of the New Liloan Public Market in Barangay Jubay, the LANDBANK Liloan Branch-Lite brings banking services closer to residents of the 31 combined barangays of Liloan and neighboring town of Compostela, eliminating the need for clients to travel about 30 minutes to reach the nearest LANDBANK branches in the Municipality of Consolacion and Cities of Danao and Mandaue. “The presence of LANDBANK in Liloan is a testament to their commitment to serving the needs of our citizens, from farmers cultivating our fertile lands to entrepreneurs striving to build businesses, to big corporations and factories providing jobs to Liloanon—these will all contribute to the economic vitality of Liloan,” said Liloan Mayor Aljew Fernando J. Frasco. The newly inaugurated LANDBANK branch-lite will serve and benefit around 2,000 farmers and fishers; 5,600 Conditional and Unconditional Cash Transfer (CCT/UCT) program beneficiaries of the Department of Social Welfare and Development (DSWD); government employees; and local and multinational businesses, among other private depositors. LANDBANK President and CEO Lynette V. Ortiz, along with Department of Tourism (DOT) Secretary and former Liloan Mayor Ma. Esperanza Christina Garcia Frasco, House Deputy Speaker and Cebu 5th District Representative Vincent Franco D. Frasco, and Liloan Mayor Frasco, led the inauguration rites on 08 December 2023. Joining them were Liloan Vice Mayor Darwin T. Apas, LANDBANK Directors Atty. David D. Erro and Nancy D. Irlanda, LANDBANK Executive Vice President Liduvino S. Geron, Senior Vice Presidents Khurshid U. Kalabud, Elsie Fe NB. Tagupa, and Catherine Rowena B. Villanueva, and other local government officials. “With the opening of the LANDBANK Liloan Branch-Lite, we are enthusiastic about further enhancing our support to Liloan. We hope to draw more investors to the town and help fast-track sustainable growth for all,” said LANDBANK President Ortiz. The newly inaugurated branch-lite features an automated teller machine (ATM) for fast, safe, and convenient cash withdrawals, and a Digital Corner where clients can open a deposit account in 15 minutes or less using the LANDBANK Digital Onboarding System (DOBS). LANDBANK now operates 27 branches and branch-lite units, and two lending centers across Cebu, complemented by 143 ATMs, five cash deposit machines (CDMs), and 19 LANDBANKasama Agent Banking Partners operating 59 Point-of-Sale (POS) terminals to service underserved communities. Cebuanos can also enjoy free cash withdrawals at 173 ATMs located in 7-Eleven convenience stores across the province, as part of the Bank’s partnership with Pito Axm Platform, Inc. (PAPI). During the event, LANDBANK President Ortiz also reaffirmed LANDBANK's commitment to supporting inclusive and sustainable development in Liloan and Cebu by extending financial support for priority projects. Beyond expanding its loan portfolio for the agriculture sector, LANDBANK aims to further support the town's tourism sector to stimulate employment opportunities and economic activities. LANDBANK is the only bank present in all 82 Philippine provinces with 606 branches and branch-lite units and 59 lending centers, and is committed to bring convenient banking services and accessible financial assistance closer to Filipinos nationwide.
READ MOREThe Land Bank of the Philippines (LANDBANK) is offering a new sustainable time deposit product that channels funding support for social and environmental initiatives, while providing customers a secure avenue for financial returns. The LANDBANK GreenGrowth Deposit features tiered interest rates as high as 4.25% per annum and is made available to individuals and private institutions. Deposited funds under GreenGrowth Deposit will further boost LANDBANK’s thrust of sustainable financing, focusing on renewable energy projects, green technologies, and other eco-friendly initiatives and investments. The funds will be also allocated for community-centric programs aimed at enhancing social welfare. “The LANDBANK GreenGrowth Deposit reflects our dedication to creating a greener and more sustainable future, while encouraging customers to be part of this transformative journey. Open an account now where each peso deposited contributes to creating ripples of meaningful change,” said LANDBANK President and CEO Lynette V. Ortiz. LANDBANK’s new time deposit product features a fixed one-year term, with a minimum placement of P50,000 offering a 2.25% interest rate per annum. Customers can enjoy higher returns of up to 4.25% interest rate for deposits amounting to P5 million and above. Interested customers may open the LANDBANK GreenGrowth Deposit account online via the LANDBANK Digital Onboarding System (DOBS) and visit any of the 607 LANDBANK branches and branch-lite units nationwide to complete the account setup. ABOUT LANDBANK LANDBANK is the largest development financial institution in the country promoting financial inclusion, digital transformation and sustainable development to benefit Filipinos. It is committed to sustainable finance towards building a stronger and more resilient economy.
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 |