The Land Bank of the Philippines (LANDBANK) has renamed its Lending Program for former rebels to the Balik-Loob Lending Program (BLLP) and widened its eligible borrowers to cover as well former violent extremists, including cooperatives and associations with former violent extremists as regular members. The coverage expansion forms part of the state-run Bank’s support to the National Government’s Enhanced-Comprehensive Local Integration Program (E-CLIP), which aims to improve the livelihood of former rebels and violent extremists and their families by financing small businesses and agri-enterprises. “As part of the National Government’s ‘Whole-of-Nation’ approach, LANDBANK supports peace-building efforts in conflict-affected areas. Centered on our thrust of financial inclusion, we are offering financial assistance for the social re-integration of those who have voluntarily abandoned armed struggle to improve their livelihood,” said LANDBANK President and CEO Cecilia C. Borromeo. Under the updated terms of the BLLP, interested former rebels and violent extremists may apply for a loan provided that they will designate an immediate family member as a co-maker. Eligibility criteria for borrowers include an age requirement of at least 21 years old, no pending legal case, and a certification from the Joint AFP-PNP Intelligence Committee (JAPIC), as the government body assigned to verify the identities of former rebels and violent extremists upon their return to the fold of the law. Launched in 2018, LANDBANK’s BLLP has financed livelihood projects, such as sari-sari stores, RTW retailing, fruits and vegetables retailing, and curtain making, as well as agri-enterprises, which include crop production, piggery, and poultry, among others. Eligible borrowers also attended capacity building and skills trainings endorsed under the E-CLIP. The E-CLIP is the flagship program of the National Government for social healing and national unity to achieve just and lasting peace in conflict-affected areas. Unlike previous rebel reintegration programs, the E-CLIP provides a wider array of benefits based on the specific needs of former rebels and extremists and their families, such as financial assistance, housing, education, skills training, healthcare, and legal assistance, among others. For more information about LANDBANK’s loan programs, 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 MOREBusiness owners from Navotas City can now settle their permits and licenses faster, safer, and more convenient through the Link.BizPortal facility of the Land Bank of the Philippines (LANDBANK). The City Government of Navotas partnered with the state-owned Bank to provide an alternative online payment facility for its Electronic Business Permits and Licensing System (eBPLS), which was launched on June 24, 2021 as part of Navotas City’s celebration of 14th cityhood anniversary. Navotas City Mayor Tobias Reynald M. Tiangco and Navotas City Congressman John Reynald M. Tiangco led the virtual launch event, joined by LANDBANK Branch Banking Sector Head, Executive Vice President Julio D. Climaco, Jr., and LANDBANK North NCR Branches Group Head, Senior Vice President Marilou L. Villafranca. Also present in the event were Anti-Red Tape Authority (ARTA) Director General Jeremiah B. Belgica, ARTA Technical Working Group (ARTA-TWG) Head Violeta M. Perez, and other local government officials. The integration of Link.BizPortal with Navotas City’s eBPLS forms part of the Memorandum of Agreement (MOA) signed between the Local Government Unit (LGU) of Navotas City and LANDBANK on February 9, 2021. Under the agreement, the LANDBANK Link.BizPortal will allow the constituents of Navotas City to pay local government fees online. As a partner-merchant, Navotas City can access this Portal and track collections per day in real-time basis. “LANDBANK’s digital payment facilities such as the Link.BizPortal help LGUs in providing safe and secure online payment solutions for their constituents. We will continuously collaborate with more government partners as we push for greater financial digitalization under the new normal and beyond,” said LANDBANK President and CEO Cecilia C. Borromeo. The LANDBANK Link.BizPortal supports the National Government’s thrust to improve the ease of doing business and promotes good governance. It will help decongest foot traffic and long queues in the Navotas City Hall and promote transparency by eliminating face-to-face transactions, reducing opportunities for red-tape, corruption and other fraudulent practices. Meanwhile, LANDBANK continues to record a surge in the use of its digital and e-banking channels ever since mobility restrictions were implemented in March last year to help stem infections brought about by COVID-19. From January to May 2021, the Bank’s five major electronic channels—Mobile Banking App, weAccess, iAccess, Link.BizPortal, and Electronic Modified Disbursement System (eMDS)—facilitated a total of 50.8 million transactions valued at P863.76 billion. These represent increases of 12% and 63% in volume of transactions and value, respectively, over the same period a year ago. Specifically, the LANDBANK Link.BizPortal recorded 1.58 million transactions amounting to P3.78 billion, equivalent to 127% and 156% growth rates, respectively. The Link.BizPortal is an electronic payment facility that allows individual and institutional clients to pay for products and services online of 789 enrolled partner-merchants nationwide as of end-May 2021. For more information about LANDBANK’s e-banking services, clients may visit the Bank’s official website (www.landbank.com), or follow the Bank’s official social media channels at @landbankofficial on Facebook and Instagram, @LBP_Official on Twitter, and @LANDBANK on Viber.
READ MOREThe Land Bank of the Philippines (LANDBANK) highlighted its continued support to the agriculture sector at the first-ever National Information Caravan on Agri-Fishery Credit Programs on June 24, 2021, held in partnership with the Department of Agriculture (DA) and the Agricultural Credit Policy Council (DA-ACPC). Coinciding with the DA’s 123rd anniversary celebration, the virtual Caravan, streamed live via the social media channels of DA and LANDBANK, forms part of collective efforts to increase the general public’s awareness, appreciation, and availment of agri-fishery credit programs being offered by the government. “LANDBANK remains one with the Department of Agriculture and other government partners in serving the requirements of farmers and fisherfolk nationwide to increase their productivity and income. We are committed to delivering accessible and responsive financial services toward revitalizing our local economy and ensuring food security,” said LANDBANK President and CEO Cecilia C. Borromeo. As of May 31, 2021, LANDBANK has assisted cumulatively 2,734,572 farmers and fishers nationwide, of which 991,577 were supported through loan and cash grant releases amounting to P13.39 billion under programs administered for the DA. Of the total disbursements, P5.10 billion was released under the Agricultural Competitiveness Enhancement Fund (ACEF) that benefitted 40,556 farmers and fishers. The program provides necessary credit for increased productivity through the purchase of farm inputs and equipment, as well as agri-based production and post-production processing machineries and facilities. Another P1.05 billion in cumulative loans have reached 32,000 farmers and fishers under the Expanded Rice Credit Assistance under the Rice Competitiveness Enhancement Fund (ERCA-RCEF). The loan window supports rice farmers in 38 rice-producing provinces at affordable interest rates, with minimum documentary requirements. Together with the Sugar Regulatory Administration (SRA), LANDBANK also implements the Socialized Credit Program under the Sugarcane Industry Development Act (SCP-SIDA), which has extended P400 million to 6,156 farmers in support of the development of the country’s sugar industry. The state-run Bank has also released a total of P2.52 billion in loans to 165,963 small rice farmers through the Survival and Recovery Assistance (SURE Aid) Lending Program, providing an immediate credit assistance of P15,000 per borrower with zero interest and no collateral to rice farmers who are tilling one (1) hectare of land and below. In partnership with the DA-ACPC, LANDBANK has also assisted 13,884 small farmers and fishers under the SURE Aid COVID-19 Program which provided emergency loans of close to P350 million to those economically affected by the COVID-19 pandemic. Under the DA’s Rice Farmer Financial Assistance (RFFA) Program, around 258,919 farmers were provided cash assistance amounting to P1.29 billion. The RFFA is a P3-billion unconditional cash transfer program which aims to give P5,000 financial assistance each to rice farmers who are tilling 0.5 and 2 hectares of land. Also under the DA’s Financial Subsidy to Rice Farmers (FSRF) Program, LANDBANK released a total of P2.68 billion in cash grants to 536,119 farmer-beneficiaries, 62,020 of whom are also SURE Aid beneficiaries. The program supports small rice farmers tiling one (1) hectare or less who are not covered under the RFFA Program, and are provided P5,000 cash subsidy to augment production needs. The Bank has also doubled the available funds under the LANDBANK SWINE (Special Window and Interim Support to Nurture Hog Enterprises) from P15 billion to P30 billion. The lending program being implemented with DA for commercial hog raisers, is designed to finance stock repopulation and feed milling operations of stakeholders struggling with the adverse impact of the African Swine Fever (ASF). For more information about LANDBANK’s lending programs, and other products and services, clients may visit the Bank’s official website (www.landbank.com), or follow the Bank’s official social media channels at @landbankofficial on Facebook and Instagram, @LBP_Official on Twitter, and @LANDBANK on Viber.
READ MORECITY OF SAN FERNANDO, Pampanga – Taking banking mobility to the next level, the Land Bank of the Philippines (LANDBANK) officially inaugurates today, July 21, 2021, its first-ever mobile branch at the Heroes Hall along Lazatin Boulevard in the City of San Fernando, Pampanga. Housed in a six-wheeler truck, the LANDBANK Mobile Branch functions as a pop-up branch to service communities across the country with disrupted or limited access to banking services. These include areas affected by calamities and other unexpected events, as well as unbanked and underserved communities. As part of its efforts to bring more unbanked Filipinos into the formal banking system in support for the National Government’s financial inclusion agenda, the LANDBANK Mobile Branch can facilitate banking services such as account opening and maintenance, deposit, withdrawal, encashment, debit or credit memo, online collection payment, enrollment in e-banking facilities, and ATM services. City of San Fernando Mayor Edwin D. Santiago, Vice Mayor Jaime T. Lazatin and Executive Vice President Julio D. Climaco, Jr., head of LANDBANK’s Branch Banking Sector, led the blessing and inauguration of the LANDBANK Mobile Branch. Joining them were First Vice President Sylvia C. Lim, head of LANDBANK Central Luzon Branches Group, and Assistant Vice President Rogelio P. Samia, head of the LANDBANK San Fernando Branch. In addition to providing basic banking services, the LANDBANK Mobile Branch is also designed to assist the National Government during retail and emergency disbursements or payouts, including cash subsidies distribution under the programs of the Department of Social Welfare and Development and other government agencies. During the launch event, the state-run Bank also distributed at least 600 LANDBANK Cash Cards to the first batch of City Social Welfare Development beneficiaries under the support programs of the City of San Fernando local government unit. The distribution of cash cards forms part of LANDBANK’s support to the City of San Fernando LGU in establishing efficient, safe and secure cash assistance disbursement to the City’s most vulnerable sectors, including senior citizens, persons with disabilities and local Pantawid Pamilyang Pilipino Program beneficiaries. At present, LANDBANK has a total network of 411 branches and 66 branch-lite units, composed of branch-lites, Agri-Hubs, LEAFs, tellering booths, and FX booths across all 81 provinces in the country. This is complemented by 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), join our Viber community (@LANDBANK), or visit the LANDBANK website (www.landbank.com).
READ MORELANDBANK joins the Philippine Civil Service Commission (CSC) in commemorating the 121st Philippine Civil Service Anniversary this month of September, pursuant to Presidential Proclamation NO. 1050, series of 2017. CSC's 10-year theme, "Transforming Public Service in the Next Decade: Honing Agile and Future-Ready Servant Heroes,"highlights the reforms achieved as a response to the new normal and the major changes to be undertaken in the next few years as the country recovers and pursues a #BetterNormal.
READ MOREThe Land Bank of the Philippines (LANDBANK) has approved a P94.5-million term loan for the construction of the first government-owned oxygen-generating plant in the Province of Sorsogon. In partnership with the Provincial Government of Sorsogon under the leadership of Gov. Francis Joseph G. Escudero, LANDBANK will finance the purchase and installation of the oxygen-generating facility to be stationed at the Sorsogon Provincial Hospital. This will help increase the supply of medical oxygen to all nine (9) government hospitals in the province and benefit its more than 800,000 residents, as well as those from other neighboring provinces. The establishment of this facility is part of the local government’s COVID-19 mitigation efforts, particularly now with the rising demand for medical oxygen caused by the recent surge in infections. The plant will also help lower the costs for tank refilling from P490 per tank to only P157. At present, the province sources medical oxygen from only one supplier in Camarines Sur. The P94.5-million financing for the oxygen plant—which is expected to be completed in early 2022—forms part of LANDBANK’s intensified support to LGUs nationwide in providing basic health services, especially amid the ongoing pandemic. “LANDBANK remains committed to serving the nation at the frontlines of our battle against the pandemic. Alongside our LGU partners, we stand ready to service growth and recovery requirements, which include boosting local healthcare services and providing support to medical frontliners and their constituents,” said LANDBANK President and CEO Cecilia C. Borromeo. LANDBANK also financed a P29-million oxygen plant for the Provincial Government of Negros Occidental in 2010. Located in the City of Silay, the LANDBANK-funded facility has been supplying medical-grade oxygen to almost all district hospitals in the province for the past 10 years. Since the onset of the pandemic last year, the oxygen plant has been providing free medical oxygen to local public health institutions and COVID-isolation facilities, namely the Cadiz City District Hospital, Valladolid District Hospital, Provincial Healing Center in E.B. Magalona, and the Teresita Lopez Jalandoni Provincial Hospital in Silay City.
READ MOREThe Land Bank of the Philippines (LANDBANK) has enhanced its Mobile Banking App (MBA) to allow users to make quick, convenient, and secure payments using quick response (QR) code to over 20,000 participating merchants nationwide. The LANDBANK MBA has adopted the Bangko Sentral ng Pilipinas’ (BSP) QR Ph Person-to-Merchant (P2M) feature to benefit both customers and merchants with a convenient and secure digital payment option, in line with the Government’s thrust of promoting digital transactions in the country. With this new QR feature, clients can pay for goods and services directly to merchants such as department stores, pharmacies, supermarkets, and restaurants. “LANDBANK is one with the BSP in making and receiving payments a more convenient, reliable, and seamless experience through the national QR code standard or QR Ph. This contactless payment feature builds on our timely and relevant digital initiatives to keep clients safe, as we continue to follow strict health protocols in the new normal,” said LANDBANK President and CEO Cecilia C Borromeo. Apart from having a wide set of merchants that accept QR payments, LANDBANK clients who will use the QR payment feature will also benefit from having cost-effective transactions, minimized encoding errors, and encrypted payment information and data transfers. “QR Ph empowers consumers by giving them the freedom to choose their digital payment service through its interoperable feature, and this is aligned with the United Nations principle on responsible use of digital payments,” said BSP Governor Benjamin E. Diokno during the virtual launch of the QR Ph P2M on 12 October 2021. The LANDBANK MBA continues to record a surge in usage in the first three quarters of 2021, as transactions grew 50% to 73.26 million with a significant 124% rise in amount facilitated to P119.65 billion, year-on-year. LANDBANK’s digital banking platforms power the delivery of responsive and innovative financial products and services towards greater financial inclusion.
READ MORE#MyTEStimony Photo Contest A Photo Contest for CHED-UniFAST Tertiary Education Subsidy (TES) grantees I. COMPLETE MECHANICS Contest Period: Submission is from November 15 to 29, 2021, announcement of winners will be on December 15, 2021 Area Coverage: Nationwide Qualified participants: CHED-UniFAST Tertiary Education Subsidy grantees as of the start of the contest proper TES grantees who have finished their contract with CHED-UniFAST by the start of the contest period are disqualified from joining the contest TES grantees will be asked to submit a photo appropriate to the theme of the contest: "Inspirasyon ng Kuwentong TES” Each TES grantee will only be allowed to submit one (1) entry for the contest, with a minimum of 2MB file size in JPEG format. The photo entry shall bear an inspiring caption (maximum of 150 words) related to the theme as it will be part of the criteria for judging. The criteria for judging will include photo quality, clarity of caption, and the number of votes through a dedicated Google Forms. Shortlisting of entries and determination of top ten (10) entries each from NCR, Luzon, Visayas, and Mindanao will be done on December 1, 2021 via Zoom and in the presence of a DTI representative. Ten (10) entries each from NCR, Luzon, Visayas, and Mindanao will be shortlisted based on photo quality and clarity of caption, and posted on the FB Pages of LANDBANK and UniFAST for one (1) week to generate votes. Upon registration, participants will be required to provide their full name, school, region, degree program, email address, and mobile number to the dedicated Google Form. Winners will be notified on the e-mail account they provided upon registration. Submission of entries: Interested TES grantee may submit their entry to this dedicated Google Form: https://bit.ly/3xzAup6 Deadline of Submission: November 29, 2021, 6:00PM Voting period: December 3, 2021 (8:00AM or upon posting of finalists on LANDBANK’s FB page, whichever comes first) to December 10, 2021, 6:00PM Winners will be announced via the Facebook pages of LANDBANK and UniFAST on December 15, 2021 Judging will be done on December 13, 2021, at 3pm via Zoom, in the presence of a DTI representative. In case of a tie, the Board of Judges shall break it through a unanimous vote after a deliberation. Employees of LANDBANK and CHED-UniFAST, including their relatives up to second degree of consanguinity or affinity are disqualified from joining the contest. For inquiries, you may email landbank.mytestimony@gmail.com II. Criteria and Prizes The criteria for judging are as follow: 50% photo quality – the photo entry creates a visual impact through the combination of technical attributes such as technique, composition, presentation, color balance, center of interest, and lighting 40% clarity of caption and adherence to the theme – the caption tells a compelling story behind the photo with brevity, proper grammar and punctuations, and relevance to the theme 10% total number of votes through Google Forms - entrants will also be judged by the votes they will get through a dedicated Google Forms for the contest. All “voters” should have already “Liked” the official LANDBANK (www.facebook.com/landbankofficial) and UniFAST (www.facebook.com/unifastofficial) FB Pages for their vote to be counted. Total = 100% The Board of Judges is composed of three (3) representatives from LANDBANK and two (2) representatives from UniFAST. The entries with the highest combined judges’ scores and total number of Facebook reactions will win the contest. One (1) grand winner and two (2) runners-up each from NCR, Luzon, Visayas, and Mindanao will take home the prize money. Prizes will be P10,000 for the grand winners, P8,000 for the 1st runners-up, and P7,000 for the 2nd runners-up dedicated to assist their online learning needs. Total cash prizes for the campaign will be Php100,000.00. Claiming of prize: Prizes will be credited to their TES LANDBANK Mastercard Prepaid Cards (LMPCs). In case the winner’s card is not available yet, LANDBANK will prioritize the production of their card and release it to the winner with the credited prize money.
READ MOREThe Land Bank of the Philippines (LANDBANK) was recognized as a Circle of Excellence awardee for innovation and sustainable finance at the 12th Asia CEO Awards, garnering top points among the 514 entries from both government and private-sector organizations. LANDBANK bagged the Most Innovative Company of the Year award for its Agent Banking Program, which forms part of the Bank’s thrust of serving unbanked and underserved Filipinos, especially those living in areas with limited or no bank presence. As of September 2021, the Bank has certified 162 Full-Suite Agent Banking Partners (ABPs) and 660 POS-only ABPs composed of cooperatives, rural banks, local government units, and micro, small and medium enterprises (MSMEs), to provide basic financial services in 45 unbanked municipalities and 131 underserved municipalities. LANDBANK has also tapped over 150 ABPs to co-locate with the Philippine Statistics Authority (PSA) in over 500 registration centers nationwide for the Philippine Identification System (PhilSys), to help onboard unbanked registrants to the formal banking system in support of the National Government’s financial inclusion agenda. The state-run Bank also received the Most Sustainable Company of the Year award for promoting environmentally sustainable programs to address climate-related issues, and for integrating sustainable finance in all aspects of the Bank’s operations. Last year, LANDBANK also made a successful return to the capital markets by generating P5 billion through the maiden Sustainability Bonds offer, designed to finance various loan programs that support sustainable green and social projects. “There is still so much to do as we navigate, recover, and rise from this economic and health crisis. Yet, these recognitions strengthen our spirit to serve with passion and overcome the challenges before us,” said LANDBANK President and CEO Cecilia C. Borromeo. The 2021 Asia CEO Awards is on its 12th year of recognizing outstanding leadership achievements by individuals and organizations in the Philippines and across the Asia-Pacific region.
READ MOREThe Land Bank of the Philippines (LANDBANK) has made investing in the Bureau of the Treasury’s (BTr) 26th tranche of Retail Treasury Bonds (RTB-26) more accessible with the LANDBANK Mobile Banking App (MBA). The RTB-26 is a five-and-a-half-year bond with a coupon rate of 4.625% per annum designed for retail investors as a low-risk and higher-yielding savings instrument. Proceeds of the offer that is expected to reach P30 billion will support the National Government’s ongoing pandemic response initiatives and priority projects, among others. Through the LANDBANK MBA, interested investors can purchase RTB-26 for as low as P5,000 and in multiples of P5,000 thereafter in as fast as five minutes. This feature is also available in the Mobile Banking App of the Overseas Filipino Bank (OFBank), the official digital bank of the Philippine government and a subsidiary of LANDBANK. “We are once again inviting the investing public to support the BTr’s latest Retail Treasury Bond offer now made more convenient through LANDBANK’s digital platforms. Investors can purchase this affordable and low-risk investment in five minutes, and at the same time contribute directly to advancing the country’s ongoing economic recovery,” said LANDBANK President and CEO Cecilia C. Borromeo. Investors can also make online placements for RTB-26 through the BTr’s Online Ordering Platform then settle their payments via the LANDBANK Link.BizPortal. Over-the-counter placements are also accepted in all LANDBANK branches nationwide. The offer period for RTB-26 is until 26 November 2021, which includes a bond exchange offer where holders of Fixed-Rate Treasury Notes (FXTNs) 10-54 and 5-74 can swap their holdings for the new bond offering. The RTB-26 follows the RTB-25 issuance last March which raised P463.32 billion, of which LANDBANK generated 27% or a total of P124.39 billion. It also immediately comes after the highly successful first onshore retail dollar bond (RDB) issue in September that raised $1.6 billion for the national government, of which LANDBANK contributed US$205.27 million of total sales. LANDBANK serves as the Joint Lead Issue Manager for the RTB-26 offering, in line with promoting greater financial inclusion and inclusive national development.
READ MOREAs of Thu, June 19, 2025
| Buying | Selling | |
|---|---|---|
| USD | 56.85 | 57.55 |
| JPY | 0.386465 | 0.401335 |
| EUR | 64.363801 | 66.848651 |
| GBP | 75.253664 | 78.158931 |
| HKD | 7.215887 | 7.75286 |
As of Wed, June 18, 2025
| UITF | NAVPU |
|---|---|
| Cash Management Fund | 1.567055 |
| Money Market Fund | 1.318249 |
| Money Market Plus Fund | 1.230686 |
| PERA Money Market Fund | 1.027957 |
| Medium-Term Bond Fund | 2.481467 |
| Bond Fund | 2.026902 |
| PERA Bond Fund | 1.201009 |
| Balanced Fund | 2.674433 |
| Growth Fund | 2.643801 |
| Alpha Equity Fund | 3.091873 |
| Blue Chip Equity Fund | 0.976162 |
| Equity Fund | 0.814599 |
| High Dividend Equity Fund | 1.024096 |
| US$ Money Market Fund | 1.438105 |
| Global $ Fund | 1.537131 |
