Bongabong Mayor Elegio A. Malaluan (middle) and LANDBANK Executive Vice Presidents Liduvino S. Geron (2nd from right) and Ma. Celeste A. Burgos (rightmost) lead the inauguration of the LANDBANK Bongabong Agri-Hub on 08 March 2024. Joining them are Victoria Mayor Joselito C. Malabanan (4th from right) and Oriental Mindoro Board Member Atty. Jomarc Philip E. Dimapilis (leftmost). State-run Land Bank of the Philippines (LANDBANK) recently inaugurated agri-hubs in Oriental Mindoro and Misamis Occidental, in its continued bid to boost the rice production and economic activities in these provinces. LANDBANK has been establishing agri-hubs in the country’s top rice-producing provinces to bring various financial services under one roof. These include banking services such as account opening, withdrawals, and check encashments; lending services such as the processing of loan applications; and agrarian services such as the processing of Agrarian Reform (AR) bonds and handling of agrarian-related concerns. “The strategic presence of LANDBANK agri-hubs in the country’s top rice-producing provinces ensures that we meet the developing needs of rice farmers and other agricultural players. We aim to make financial services more accessible and contribute to boosting domestic rice production,” said LANDBANK President and CEO Lynette V. Ortiz. The LANDBANK Bongabong Agri-Hub located in Barangay Poblacion, Bongabong in Oriental Mindoro, brings financial services closer to the 36 barangays of the town and the three nearby barangays of the Municipality of Bansud. The touchpoint benefits over 12,200 farmers and fishers; 5,300 DSWD beneficiaries; local government workers; and private clients, who no longer need to travel to LANDBANK branches and lending center in Pinamalayan, Roxas, and Calapan City, respectively, for 30 minutes to two hours. Bongabong Mayor Elegio A. Malaluan, together with LANDBANK Executive Vice Presidents Liduvino S. Geron and Ma. Celeste A. Burgos, led the inauguration of the Bongabong Agri-Hub on 08 March 2024. They were joined by Victoria Mayor Joselito C. Malabanan and Oriental Mindoro Board Member Atty. Jomarc Philip E. Dimapilis. (left photo) The LANDBANK Plaridel Agri-Hub hub rises as the first-ever commercial bank in the Municipality of Plaridel, as (right photo) Plaridel Mayor Gadwin E. Handumon (2nd from left) joins LANDBANK Executive Vice Presidents Liduvino S. Geron (3rd from left) and Ma. Celeste A. Burgos (4th from left) during its inauguration on 16 February 2024. LANDBANK also inaugurated the Plaridel Agri-Hub in Barangay Panalsalan, Plaridel in Misamis Occidental to service the 61 combined barangays of the municipalities of Plaridel and Lopez Jaena, including over 23,000 farmers and fishers. Considered as the very first commercial bank in the town, the LANDBANK Plaridel Agri-Hub allows customers to conveniently perform their transactions without having to travel to Oroquieta City for over 30 minutes and to Dipolog City for more than one hour, to reach a LANDBANK branch and lending center, respectively. Plaridel Mayor Gadwin E. Handumon joined LANDBANK Executive Vice Presidents Geron and Burgos during the inauguration rites for the Plaridel Agri-Hub on 16 February 2024. The newly inaugurated LANDBANK Agri-Hubs are equipped with an automated teller machine (ATM) for fast, safe, and convenient cash withdrawals, and features a Digital Corner where clients can open a deposit account in 15 minutes or less using the LANDBANK Digital Onboarding System (DOBS). The two facilities complement the other 14 LANDBANK Agri-Hubs strategically located in the top-rice-producing provinces of the country. LANDBANK’s network of 607 branches and branch-lite units are designed to reach and service the requirements of its diverse customer base, including unbanked and underserved areas. 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 provide accessible and responsive financing to drive the agriculture sector’s productivity and competitiveness, while championing sustainable development in the countryside.
READ MOREThe Land Bank of the Philippines (LANDBANK) is ramping up its digital transformation efforts this year to streamline operations and deliver top-notch customer experience. Since assuming leadership in May 2023, LANDBANK President and CEO Lynette V. Ortiz has prioritized the adoption of new technologies across the Bank’s operations to elevate customer convenience and accessibility to financial services. “We are heavily investing in enhancing our digital infrastructure to ensure seamless service delivery across our online banking channels and traditional touchpoints. Our priority remains steadfast in delivering solutions and exceptional service to our valued customers,” said President and CEO Ortiz. This year, LANDBANK aims to reduce over-the-counter transactions in its branches by encouraging customers to maximize the Bank’s digital banking channels. These include the LANDBANK Mobile Banking App, the iAccess online retail banking channel, and the Link.BizPortal web-based payment channel for retail clients. The Bank targets to onboard additional government agencies, local government units (LGUs), private merchants, and other qualified institutions as billers in its digital channels, enabling more customers to make direct online payments. LANDBANK is also poised to intensify its marketing efforts to encourage wider digitalization adoption among institutional clients. Digital solutions include the eMDS internet facility for national government partners, the LBCS electronic bulk disbursement facility, and the weAccess corporate internet banking platform. As part of LANDBANK’s phygital strategy, selected branches across the country will implement an automated queuing management system with a teller interface to further cut processing time for over-the-counter transactions. The next phase of this project will allow customers to set appointments via an online pre-booking facility before visiting the branch. LANDBANK has been implementing since 2018 the Digital Onboarding System (DOBS), which has helped simplify the account enrolment process and reduced the account opening time of customers from 45 minutes to 15 minutes or less. Starting April of this year, interested customers may also open a LANDBANK account without visiting a branch through the new straight-through account opening feature of the LANDBANK Mobile Banking App. This will provide customers instant access to the Bank’s digital services, such as fund transfers, bills payment, e-commerce transactions, and cardless withdrawals. For LANDBANK loan availers, the state-run Bank will likewise introduce innovative online lending platforms that will cater to LGUs and Micro, Small, and Medium Enterprises (MSMEs). These platforms will allow borrowers to apply for loans anytime, anywhere and enjoy a more streamlined loan process. LANDBANK assures its clients that it will continue to invest in both technological solutions and human resources to proactively secure its systems and infrastructure. “Ensuring data security and privacy is likewise a top priority for us at LANDBANK. We are implementing multi-layered security controls in our systems to provide safe and frictionless solutions for our customers,” said President and CEO Ortiz. The Bank continues to remind and educate clients on cybersecurity best practices by consistently sharing security and anti-fraud tips on its social media channels. These include the “Cyber Sigurista” campaign that utilizes various hashtags like #SafeModeMonday, #FraudFreeFriday, and #ScamAlert to raise awareness about emerging online scams and other fraudulent activities. 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 provide responsive and meaningful services beyond banking, while leveraging on innovative technology for safe, convenient, and accessible digital banking solutions.
READ MOREPlease be informed that the LANDBANK Link.BizPortal will undergo a system downtime from 11:30PM of September 15,2020 until 6:00AM of September 16, 2020 due to a scheduled system upgrade activity. During the said activity, the electronic payment portal's site (lbp-eservices.com) and its Merchant Payment Inquiry module (https://www.lbp-eservices.com/egps/Institution/inquiry) will be unavailable. We encourage everyone to schedule transactions before or after this time to avoid any inconvenience. Meanwhile, LANDBANK ATMs and electronic banking channels such as LANDBANK Mobile Banking App, iAccess, WeAccess, Phone Access and Digital Onboarding System will remain available for your banking transactions. Please bear with us as we continue to improve our services for you. For issues and concerns, contact our Customer Care Hotline at 8-405-7000 and PLDT Toll-Free number at 1-800-10-405-7000 or subscribe to our official social media channels: Facebook, Instagram, and Youtube: landbankofficial Twitter: @LBP_Official. Thank you.
READ MOREThe following LANDBANK facilities will be unavailable from 11:00PM of Sept. 25, 2020 to Sept. 26, 2020 (PST) in line with systems upgrade and maintenance activities: Automated Teller Machines (ATMs) Cash Deposit Machines (CDMs) iAccess weAccess Mobile Banking Application (MBA) LANDBANK Phone Access (LPA) Link.Biz Portal Electronic Tax Payment Systems (ETPS) Electronic Modified Disbursement Systems (eMDS) Digital Onboarding System (DOBS) Digital Corner and Website Digital Onboarding System (DOBS AI) OFBank LANDBANK Remittance System (LBRS) LANDBANK Card transactions via Bancnet and VIsa LANDBANK Card transactions via POS Please conduct your banking transactions before or after the scheduled service disruption. We apologize for the inconvenience. Please bear with us as we continue improving our systems to serve you better. Thank you.
READ MOREDue to systems upgrade activities, the LANDBANK iAccess, Mobile Banking App, Link.BizPortal, and Digital Onboarding System, as well as the OFBank Mobile Banking App will be temporarily unavailable from 12:01AM to 1:00PM (PST) on October 24, 2020 and from 12:01AM to 2:00AM (PST) on October 25, 2020. Please also note that all payments scheduled to be carried out through the said e-banking channels on the dates of the service interruption will not be processed. Schedule your transactions before or after the downtime. Meanwhile, our ATMS and POS remain available for your immediate banking needs. We apologize for the inconvenience. Kindlybear with us as we continue to improve our systems to better service your needs. Please standby for our next advisories and updates.
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 |