Barili Mayor Julieto N. Flores (2nd from left), Barili Vice Mayor Luisito L. Ponsica (4th from left), Barili Municipal Treasurer Gamaliel S. Riconalla (1st from left) and LANDBANK Cebu South Lending Center Head, Vice President Allan R. Bisnar (3rd from left) sign a P200-million loan agreement to put-up a modern municipal public market. BARILI, Cebu – The Land Bank of the Philippines (LANDBANK) and the Municipal Government of Barili recently inked a P200-million loan agreement to finance the construction of a modern public market that will support the livelihood of agricultural producers in the municipality. The LANDBANK loan will be used to replace the existing dilapidated public market with a new infrastructure that will be divided into three major structures. Two buildings will accommodate the dry goods section, while another building will house vegetables, fruits, and wet goods such as meat and fish. There will also be a covered parking area on the second floor. The new public market is expected to benefit 5,222 farmers and 1,900 fishers in the area with a more conducive and spacious venue to sell their produce. “LANDBANK fully supports initiatives that promote the growth and development of local entrepreneurs and agri-producers. We are one with our local government partners in ramping-up efforts towards serving their constituents and building stronger and more resilient local economies,” said LANDBANK President and CEO Cecilia C. Borromeo. Barili Mayor Julieto N. Flores is banking on the new public market to boost economic activity and attract more investments in the 2nd class Municipality, as more business establishments recover from the impact of COVID-19. “We will demolish the old Barili public market and construct the modern public market within one year, and we thank LANDBANK for supporting our plans and programs for the development of our Municipality as we recover from the pandemic,” said Barili Mayor Flores. In 2019, LANDBANK also financed the construction of the Mantalongon Livestock Auction Market for the traders in the locality, as well as from the neighboring provinces of Negros Oriental and Leyte. The Mantalongon Livestock Auction Market is currently the biggest livestock auction market in Cebu and the whole of Visayas. LANDBANK continues to extend necessary credit assistance to local government units (LGUs) to spur recovery and inclusive economic development in the countryside. As of November 2021, LANDBANK has extended P63.96 billion in outstanding loans to LGUs nationwide.
READ MORE(Seated) MEDICUM The Medical Center, Inc. (MTMCI) Chairman Dr. Danilo A. Domingo (center), President and CEO Dr. Rita M. Dong-as (right), and LANDBANK CAR Lending Center Head Ramon Francisco P. Badiola (left) lead the signing of a P300-million loan agreement to finance the construction of a hospital building with modern medical facilities in Tabuk City on December 15, 2021. They are joined by members of the MTMCI Board of Directors and LANDBANK Account Officer Francis T. Buen (standing, leftmost; proper health protocols were observed). TABUK CITY, Kalinga – To provide reliable and quality healthcare services amid the ongoing COVID-19 pandemic, the Land Bank of the Philippines (LANDBANK) and MEDICUM The Medical Center, Inc. (MTMCI) have signed a P300-million loan agreement for the construction of a hospital building and support facilities with modern medical equipment in Tabuk City. The new hospital will be completed next year and will be located strategically along the provincial road within the city’s commercial hub. It will start operations by early 2024 and will cater to the healthcare needs of Tabuk City residents, as well as the 16 municipalities and neighboring provinces of Kalinga, with a combined population of nearly 490,000. “In line with LANDBANK’s thrust of extending essential services is the delivery of critical financial support to private healthcare providers. We remain committed to working with various partners to boost the local healthcare industry and provide accessible, quality healthcare services to Filipinos,” said LANDBANK President and CEO Cecilia C. Borromeo. The four-story MTMCI hospital building will feature a capacity of 100 beds, complemented by separate cadaver and waste holding buildings. As a Level II hospital, it will be equipped with modern medical equipment, such as a CT-scan machine, laparoscopy set, radiographic and fluoroscopic X-ray TV system, 2D echo system, and color ultrasound system, among others. The MTMCI hospital will also increase the number of available beds in the target service area by 100 and help improve the projected bed to population ratio from 0.61:1000 to 0.78:1000—closer to the World Health Organization’s prescribed 1:1000 hospital bed availability. “Aside from catering to the health needs of our people, this project will also help in the economic development of the city and province by providing added employment opportunities to our people, more taxes paid, and other benefits. We are so grateful to LANDBANK for granting us the much-needed loan to help bring about the success of our dream health facility,” said MTMCI President and CEO Dr. Rita M. Dong-as. LANDBANK continues to support micro, small and medium enterprises (MSMEs) across the country to spur recovery and inclusive economic development. As of end-December 2021, the Bank’s outstanding loans to MSMEs have reached P40.04 billion.
READ MOREALICIA, Isabela — The first-class municipality of Alicia in Isabela recently began the construction of its new public market bankrolled by a P190-million loan from the Land Bank of the Philippines (LANDBANK). The LANDBANK term loan availed by the local government of Alicia in 2021 has funded the acquisition of a 20,000 sq.m. commercial lot in Barangay Antonino, Alicia, and jumpstarted the construction of the new public market building. The rise of the new public market will decongest the existing market and will provide business opportunities to small and medium enterprises, as well as ambulant vendors in Alicia and its neighboring towns. Aside from the hiring of market administration personnel, the project has also generated jobs for around 230 indirect laborers involved in the development and construction of the building. “LANDBANK is one with our local government partners in providing necessary facilities to support the growth of agri-producers and local entrepreneurs. This forms part of our broader thrust of helping build stronger and more resilient local economies,” said LANDBANK President and CEO Cecilia C. Borromeo. The new public market is set to have eight perimeter rows of stalls or about 172 stalls for dry goods and groceries, and four inside sections of about 108 stalls for fruits and vegetables, including meat and fish sections. The market facility will also be equipped with modern facilities, such as a water sprinkler system, closed-circuit television (CCTV) monitoring system, double drainage canal, steel elevated water tank with deep well water pump, and standby generator set, among others. With LANDBANK’s support, Alicia Mayor Joel Amos P. Alejandro believes that the new public market will hasten commercial and economic growth in the area while catering to the various needs of the community. “Alicia is running twice as fast in good governance, business, and property development to be the next wonderland in the North,” Mayor Alejandro said. With its vast agricultural land and irrigated fields, Alicia is one of the largest rice-producing towns in the region, with palay production dominating its local economy.
READ MOREGreen Innovations for Tomorrow Corporation’s (GIFTC) rice husk-fueled power plant in Talavera, Nueva Ecija, recycles around 480,000 kg. of rice husks per day and can supply electricity to around 6,480 households. TALAVERA, Nueva Ecija – The Green Innovations for Tomorrow Corporation (GIFTC) has carried out an economical and sustainable solution to address the problem of agricultural waste in this province—recognized as the ‘rice granary’ of the Philippines—by converting rice husks as biomass into renewable energy. With rice production as the major source of livelihood in this palay-producing town, large volumes of rice husks are regularly being disposed of or burned in open fire, posing both environmental and health hazards to the community. GIFTC aspired to recycle and make this agricultural waste useful by establishing a biomass power plant that would generate electricity for households in the province. To help make this vision a reality, GIFTC sought financial assistance from the Land Bank of the Philippines (LANDBANK) and was granted loans in 2013 and 2018 totaling P1.15 billion under the Bank’s Renewable Energy Program. Part of the LANDBANK loan bankrolled the construction of GIFTC’s biomass power plant in 2016, which is currently operating at a capacity of 10.8 megawatts electric (MWe). The rest of the loan was allocated for the reimbursement of cost utilized for warehouses, dormitories and other structures, replacement or repair of power plant parts, permanent working capital, including the acquisition of rice husk. “LANDBANK was the first financial institution that believed in GIFTC’s vision for a sustainable future for our town, and for the whole country. We wouldn’t be where we are now if it weren’t for their assistance,” said Engr. Martin O. Vendivil, Assistant Chief Operating Officer of GIFTC. Through the services of a grid operator, GIFTC’s biomass power plant can supply electricity to an estimated 6,480 households in selected municipalities and cities in Nueva Ecija, including other areas in neighboring provinces. The GIFTC power plant consumes around 480,000 kilograms of rice husks per day bought from rice mills in the area, significantly decreasing agricultural waste in the town. More importantly, the energy corporation helps reduce the emission of greenhouse gases, while preserving the country’s natural resources by manufacturing a renewable energy source. “LANDBANK fully supports projects that harness the potential of renewable and alternative energy resources. We will continue to work with development partners in preserving our environment and promoting climate change adaptation,” said LANDBANK President and CEO Cecilia C. Borromeo. Through the LANDBANK Renewable Energy Program, the state-run Bank aims to finance the development of renewable energy sources and increase access to reliable, clean and sustainable power to help mitigate the effects of global warming and climate change in the country. Eligible borrowers such as electric cooperatives, local government units (LGUs), government-owned and controlled corporations (GOCCs), and government agencies may borrow up to 90% of the total cost of the project. Cooperatives, associations and private borrowers categorized as single proprietorships, partnerships, or corporations may also borrow up to 80% of the total project cost under the Program. Term loans for working capital and project preparation are payable up to five (5) years with a six-month grace period on principal payment, while loans for capital expenditure are payable based on the borrower’s cash flow up to 15 years, with a three-year grace period. The interest rate shall be based on the prevailing market rate but not lower than 5% per year. As of 31 March 2022, LANDBANK has approved loans totaling P20.1 billion to 56 borrowers nationwide under the Renewable Energy Program, underscoring the Bank’s thrust of promoting sustainable finance and development.
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 MORELANDBANK’s timely assistance helped Reicher Banana Farm, Inc. (RBFI) in Davao de Oro to register a 100% growth in production and fully recover from the dreaded Panama disease. PANTUKAN, Davao de Oro – When Reichard Dumaluan’s 74-hectare banana plantation was hit hard by the destructive Panama plant disease in 2013, his business was at serious risk of wilting away along with the infected trees in his farm. The Panama disease infested Cavendish plantations throughout the province (formerly Compostela Valley) and neighboring towns in the region, only four years after Dumaluan established the plantation, Reicher Banana Farm, Inc. (RBFI), in 2009. Over time, the disease caught on, affecting the quality and quantity of RBFI’s produce. With plantation yield and income significantly reduced, RBFI sought financial assistance from the Land Bank of the Philippines (LANDBANK) to rehabilitate and sustain their operations. RBFI availed of a P75-million loan from LANDBANK in 2018 to supplement working capital and purchase the necessary inputs and equipment for rehabilitation. After two years of rehabilitation, RBFI fully recovered from the plant disease and is now harvesting around 10,000 boxes of produce a week—a 100% increase from the previous production of 5,000 boxes a week. “LANDBANK recognizes the importance of each subsector of agriculture to ensure food security. Through accessible credit assistance, we stand ready to support the diverse requirements of agri players to boost production and income,” said LANDBANK President and CEO Cecila C. Borromeo. RBFI also used a portion of the LANDBANK loan for land expansion and modernization, which includes the purchase of a digital device which can record data per banana bunch, such as its weight, age, and location in the plantation. With the data, RBFI can digitally monitor the health of the crops and accurately distributes farm inputs such as fertilizers, thereby helping the company save on costs. The generated data also allows RBFI to forecast harvests within a given season. “I am grateful for LANDBANK’s support, especially at a time we needed it the most. As a client, we appreciate the customer service, as well as the financial and technical support they provide for our production,” Reichard Dumaluan said. RBFI has since expanded its plantation to 130 hectares and generates employment for around 220 local residents. Their banana harvest is also being exported to different countries, including South Korea, China, and the Middle East, among others. As of 30 June 2022, LANDBANK’s loan portfolio to support the country’s banana industry has reached P1.49 billion, in line with its intensified service to the agriculture sector.
READ MORELANDBANK assisted entrepreneur Ginalyn Joaquin to expand her tricycle ‘rolling store’ (left photo) into a full grocery store in Tuao, Cagayan (right photo). TUAO, Cagayan – Ginalyn Joaquin always dreamt of running her own retail store, similar to the ‘sari-sari store’ her mother used to own when she was a child. But having enough resources to pursue this dream proved to be difficult as her monthly salary was barely enough to make ends meet for the needs of her family. Working as a full-time employee at a sugar milling company, Ginalyn’s salary was just enough to cover their family’s daily living expenses. And when her daughter contracted a serious illness and needed medical care, Ginalyn was forced to look for additional sources of income to afford the health care costs. While keeping her day job, Ginalyn started buying sugar from her employer, which she repacked in smaller amounts and sold to her neighbors. This retail initiative soon evolved into a ‘rolling store’ aboard a tricycle, wherein she sold other essential grocery items across town, including the neighboring municipality of Piat. Through hard work, Ginalyn was able to pay for her daughter’s health care and eventually, was financially stable to resign from her day job and focus on her store. Ginalyn’s business—JP’s Enterprises—continued to grow and was tapped by a noodle brand as an official distributor in the province. However, this required additional working capital, which she did not have at that time. Ginalyn then turned to the Land Bank of the Philippines (LANDBANK) for credit assistance amounting to P30 million under the Emerging Female-Initiated Livelihood and Investment Projects via INclusive Financing to Accelerate Entrepreneurial Growth (FILIPINA) Lending Program, to finance the working capital for JP’s Enterprises. The LANDBANK loan helped Ginalyn expand her business into a full grocery store and become a leading supplier of grocery items in Cagayan, catering to the towns of Tuao, Piat, Sanchez-Mira and Santo Niño, as well as the municipalities of Kabugao and Conner in the province of Apayao. It was also able to generate employment for around 102 locals, a significant increase from the initial 2 workers Ginalyn hired for her previous rolling store. At the height of the COVID-19 pandemic, the grocery store remained open to service customers, and was even tapped by local government units in the province as a supplier of relief goods. “Nagpapasalamat ako sa LANDBANK sa pagkakaroon ng tiwala sa akin at sa business ko. Malaking tulong ang pagkakaroon nila ng programa na sumusuporta sa mga babaeng negosyante tulad ko,” said Ginalyn. Through the Emerging FILIPINA Lending Program, LANDBANK aims to support and empower female entrepreneurs to pursue business ventures such as traditional trade, e-commerce business and food services activities, among others. The Program can finance the working capital, construction or renovation of buildings and facilities related to business operations, and financing of purchase orders from the borrower’s clients. For cooperatives and partner financial institutions, rediscounting and on-lending activities may also be financed. Eligible borrowers include registered micro, small and medium enterprises (MSMEs) majority-owned by women or with majority of its top management, including the Chief Executive Officer (CEO), composed of women. They may borrow up to 80% of the actual project cost and 85% for rediscounting and on-lending activities. Short-term loans and term loans for permanent working capital are payable up to one (1) year and five (5) years, respectively, while term loans for fixed assets and construction of facilities are payable up to ten (10) years. An interest rate of 5% per year shall apply, fixed for the first three (3) years and subject to repricing thereafter. As of end-June 2022, LANDBANK has extended P37.8 million to support five borrowers under the Emerging FILIPINA Lending Program, with the Bank’s outstanding loans to MSMEs totaling P46.6 billion to more than 6,000 borrowers. Through the years, LANDBANK has grown into one of the leading universal banks in the country, while remaining faithful to its social mandate to promote inclusive and sustainable development. On 8 August 2022, the state-run Bank celebrated its 59th anniversary, representing almost six decades of service to the nation.
READ MORELANDBANK deploys a mobile automated teller machine (ATM) at the Tanauan Civic Center in Brgy. Canramos, Leyte from October 24 to 26, 2022, to assist over 2,900 senior citizens from the Municipality of Tanauan in claiming their cash grants that were credited to their LANDBANK Prepaid Cards. TANAUAN, Leyte – Over 2,900 senior citizens from this town conveniently received their cash grants from the National Government, following the deployment of a LANDBANK Mobile automated teller machine (ATM) at the Tanauan Civic Center in Brgy. Canramos from October 24 to 26, 2022. The senior citizens used their LANDBANK Prepaid Cards to receive the grants, who form part of the 3.4 million Unconditional Cash Transfer (UCT) beneficiaries under the Social Pension Program for Indigent Senior Citizens of the Department of Social Welfare and Development (DSWD). “LANDBANK is committed to deliver accessible and convenient services especially to vulnerable sectors. Our mobile touchpoints allow us to service areas where we are needed the most,” said LANDBANK President and CEO Cecilia C. Borromeo. The three-day deployment of the LANDBANK Mobile ATM in Tanauan allowed beneficiaries to activate their LANDBANK Prepaid Cards and withdraw the loaded cash aid free of charge, helping them to save time and transportation-related costs. “The LANDBANK mobile ATM deployment in Tanauan greatly benefits our UCT beneficiaries, as they have easy access to withdraw their money from their cards within the venue of the card release. I would like to extend my sincerest thanks to LANDBANK for the swift response to my request. Your continued support is highly appreciated and I look forward to our partnership in public service,” said Tanauan Mayor Ma. Gina E. Merilo. Through the LANDBANK Prepaid Cards, UCT beneficiaries from Tanauan can now receive government subsidies in a timely manner and withdraw cash for free in the LANDBANK Easy Access Facility (LEAF) located in Brgy. Buntay and from LANDBANK ATMs in neighboring towns. They can also use the Prepaid Cards to make cashless purchases for essential supplies in groceries, drugstores, and other accepting merchants via Point-of-Sale (POS) terminals. The LANDBANK Prepaid Cards were recently upgraded into transaction accounts to provide beneficiaries with wider access to an array of banking services, including prepaid card loading via LANDBANK branches, fund transfers through the LANDBANK Mobile Banking App, and cash-in via LANDBANK Cash Deposit Machines (CDM).
READ MORE(left photo) Tumauini Mayor Venus T. Bautista (left) and LANDBANK Ilagan Branch Head, Assistant Vice President Lorenzo M. Saquing (right) sign a Memorandum of Agreement for the use of the LANDBANK Link.BizPortal payment platform, (right photo) as a new LANDBANK ATM is inaugurated at the municipal compound. TUMAUINI, Isabela – The Municipal Government of Tumauini has tapped the digital services of the Land Bank of the Philippines (LANDBANK) to provide its constituents with a more convenient and safe payment channel to settle local government fees. Tumauini Mayor Venus T. Bautista and LANDBANK Ilagan Branch Head, Assistant Vice President Lorenzo M. Saquing led the signing of a Memorandum of Agreement for the use of the LANDBANK Link.BizPortal on 18 October 2022. Through the LANDBANK Link.BizPortal, residents can now settle fees, dues, and charges to the local government unit (LGU) at their convenience with just a few clicks on their computers or mobile devices. The Municipal Government of Tumauini joins over 970 government and private partner merchants nationwide that have been enrolled in the LinkBizPortal system, as of end-September 2022. For the first nine months of the year, the LANDBANK Link.BizPortal has facilitated over 506,000 transactions with value of P8.8 billion, representing increases of 56% and 19%, respectively, year-on-year. “LANDBANK fully supports the digitalization initiatives of the local government of Tumauini to deliver convenient public services. We look forward to helping increase payment collection rates to fund more development programs in the municipality,” LANDBANK President and CEO Cecilia C. Borromeo said. The Tumauini LGU and LANDBANK also inaugurated a new LANDBANK ATM at the new Municipal Building Compound in Barangay San Pedro, Tumauini, Isabela. This second LANDBANK ATM in the municipality will cater to government employees and private customers, including the beneficiaries of the National Government’s Conditional and Unconditional Cash Transfer (CCT/UCT) Programs in the 46 barangays of Tumauini, as well as the 26 barangays of the neighboring Municipality of Delfin Albino. The presence of this new offsite ATM further complements the delivery of essential banking services in the area, in line with LANDBANK’s thrust to promote financial inclusion nationwide.
READ MOREAs of Fri, May 2, 2025
| Buying | Selling | |
|---|---|---|
| USD | 55.4 | 55.9 |
| JPY | 0.376062 | 0.390629 |
| EUR | 61.664004 | 64.057767 |
| GBP | 72.538526 | 75.35443 |
| HKD | 7.116675 | 7.647847 |
As of Wed, April 30, 2025
| UITF | NAVPU |
|---|---|
| Cash Management Fund | 1.558326 |
| Money Market Fund | 1.311473 |
| Money Market Plus Fund | 1.223865 |
| PERA Money Market Fund | 1.024157 |
| Medium-Term Bond Fund | 2.473735 |
| Bond Fund | 2.028301 |
| PERA Bond Fund | 1.202455 |
| Balanced Fund | 2.625609 |
| Growth Fund | 2.598945 |
| Alpha Equity Fund | 3.025756 |
| Blue Chip Equity Fund | 0.970814 |
| Equity Fund | 0.790417 |
| High Dividend Equity Fund | 1.009225 |
| US$ Money Market Fund | 1.432555 |
| Global $ Fund | 1.531474 |
