Tupi Mayor Reynaldo Tamayo Jr. and spouse Mrs. Rochelle Tamayo (fourth and fifth from left) pose with LANDBANK President and CEO Cecilia C. Borromeo (third from left), Executive Vice President for Branch Banking Liduvino Geron (left-most), and First Vice President for East Mindanao Branches Group Camilo Leyba (fifth from right). With them are Tupi Branch Head Mary Beth Kalabud (second from left), Vice Mayor Noel Escobillo (third from right) and other Tupi LGU officials. Tupi, South Cotabato Mayor Reynaldo Tamayo Jr. and LANDBANK President and CEO Cecilia C. Borromeo led the inauguration of the Bank’s new branch in Tupi located at the Municipal Hall Compound in Barangay Poblacion. This was Mrs. Borromeo’s first branch inauguration since she re-joined LANDBANK as its President and CEO last March 1. “The opening of this new branch forms part of our aggressive thrust to expand our network as we seek to bring banking services closer to our clients,” said Borromeo. LANDBANK Tupi Branch is the first commercial bank in the municipality, and is the Bank’s 10th in the province. This brings its nationwide branch network to 398, which is targeted to reach 410 by the end of the year – with 12 more new branches in the pipeline. Digitization thrust In line with LANBANK’s commitment to provide accessible and responsive customer service, Borromeo said among the Bank’s priority thrusts this year is to improve branch operations through digitization. Part of the Bank’s efforts towards digitization is the implementation of the Digital Onboarding System (DOBS), a web application it launched in 2018 that enables clients to accomplish account enrolment forms online, thereby shortening account opening time. Within four months of implementation, DOBS is now utilized in 104 of the Bank’s branches across the country which reported significant reduction in account opening time from 30 minutes to 10-15 minutes. The Bank targets full implementation of DOBS Phase 1 to all its branches by third quarter of the year. DOBS Phase 2 will link the system to the Bank’s website which will allow individual (including Overseas Filipinos) and institutional clients to fill out account opening forms and upload IDs and documents online, prior to proceeding to the branch to complete the account opening process. The implementation of DOBS makes LANDBANK the first universal bank in the country that offers this service to both individual and institutional clients, including government agencies. Borromeo further urged the local government of Tupi and other clients of the branch to avail of the LANDBANK Link.Biz Portal, especially this tax payment season. Link.Biz Portal is an electronic payment facility that allows payment for taxes, application fees, and other dues and charges in government and non-government institutions. “These are just some of our initiatives but we will continue to make the best use of technology to streamline our processes, improve operational efficiency, and provide our clients with faster, safer and more convenient service,” Borromeo added.
READ MOREThe Bureau of the Treasury (BTr), in partnership with the Land Bank of the Philippines (LANDBANK), launched the first-ever Retail Treasury Bond (RTB) Online Facility to make RTBs available for online purchase. The five-year RTB tranche 22 offered by BTr is now made available to a wider public through an online ordering facility that makes investing easier and more accessible to more Filipinos, even to Overseas Filipinos (OFs). The RTB Online Facility automates the process through online accomplishment of an order form that is linked to LANDBANK Link.Biz Portal – an internet-based payment channel designed to accept payment of fees, dues, and charges from clients of enrolled merchants from government or private institutions. This initiative by the BTr aims to encourage participation from individual investors and expand reach to OFs. The RTB Online Facility is available for those who have peso deposit accounts (with online access) with LANDBANK and the Development Bank of the Philippines, the Joint Lead Issue Managers of RTB 22. Interested investors may place a minimum of P5,000 and in integral multiples thereafter with an interest rate of 6.25% gross per annum. RTBs offer period is until March 8, 2019 only and mature in 2024.
READ MORE(Seated) DTI Secretary Ramon M. Lopez (center), National Treasurer Rosalia V. De Leon (right) and LANDBANK Executive Vice President Liduvino S Geron (left) led the MOA signing, witnessed by (standing, L – R) LANDBANK Senior Vice President Ramon Monteloyola, DTI Assistant Secretary Mary Jean Pacheco, and BTr Deputy Treasurer Sharon Almanza. In their continuing efforts to improve and speed-up the delivery of government services, Land Bank of the Philippines (LANDBANK), the Department of Trade and Industry (DTI), and the Bureau of the Treasury (BTr) have signed a Memorandum of Agreement (MOA) allowing the online payment of business name registration and renewal fees through LANDBANK’s e-Payment facility, Link.Biz Portal. Trade and Industry Secretary Ramon M. Lopez, BTr National Treasurer Rosalia V. De Leon, and LANDBANK Executive Vice President Liduvino S. Geron, representing LANDBANK President and CEO Cecilia C. Borromeo, led the signing ceremony held on September 27, 2019 at the Ayuntamiento Building in Intramuros, Manila. “This is aligned with the mandate of the President, who has always mentioned that the ‘Ease of Doing Business’ should be a primary concern. This is to address long queues and delays in the processing of government services to make business transactions easier for the public,” said Secretary Lopez. Under the agreement, LANDBANK cardholders may now pay the corresponding fees online through the Link.Biz Portal and avoid long queues. The online payment facility, along with the DTI’s Business Name Registration System Next Generation or BNRS Next Gen (an online platform where the public could register and renew their business names), aims to make the process more convenient and efficient. The Link.Biz Portal is an e-Payment facility where LBP cardholders can pay for products and services of both government and private institutions via the internet. Now with more than 600 merchants on board, secure transactions can be made by the public 24/7, anytime, anywhere, even at the comfort of their own homes. “The opening of other payment channels such as the Link.Biz Portal is part of LANDBANK’s dedication in serving more Filipinos, and providing them with more options which enable convenient transactions,” said LANDBANK Executive Vice President Geron. The initiative is part of the government’s efforts in responding to President Rodrigo Roa Duterte’s mandate of providing the public simpler and more convenient transactions with the government, under the the Republic Act No. 11032 also known as the “Ease of Doing Business and Efficient Government Service Delivery Act of 2018”. “Electronic payment systems can allow Filipinos to transact with the government in a convenient and cost-effective manner,” said National Treasurer De Leon.
READ MORELANDBANK Treasury and Investment Banking Sector Head Executive Vice President Carel D. Halog (right photo) discusses the convenience of purchasing the Premyo Bonds via the LANDBANK Link.BizPortal during its recent launch. The Premyo Bonds launch was led by (left photo) National Treasurer Rosalia V. De Leon (third from right), together with (from right to left) China Bank Capital Corporation President Ryan Martin I. Tapia, LANDBANK EVP Halog, DBP President and CEO Emmanuel G. Herbosa, BDO Capital and Investment Corporation Eduardo V. Francisco, and First Metro Investment Corporation President Rabboni Francis B. Arjonillo. As part of its support to the government’s thrust to make government securities more accessible to the general public, Land Bank of the Philippines (LANDBANK) makes available its online payment facility—Link.BizPortal—as a convenient way for its account holders to invest and purchase the Bureau of Treasury’s (BTr) on-going Premyo Bonds offering. LANDBANK announced this initiative during the launch of the Premyo Bonds last November 25, 2019 at the Bulwagan ng Diwang Pilipino, Development Bank of the Philippines (DBP) Head Office, Makati City. National Treasurer Rosalia V. De Leon led the launch together with top executives from partner banks in both private and public sectors, namely DBP President and CEO Emmanuel G. Herbosa; BDO Capital and Investment Corporation Eduardo V. Francisco; China Bank Capital Corporation President Ryan Martin I. Tapia; First Metro Investment Corporation President Rabboni Francis B. Arjonillo; and LANDBANK Executive Vice Presidents Carel D. Halog and Alan V. Bornas representing LANDBANK President and CEO Cecilia C. Borromeo. EVP Halog presented a step-by-step process in using LANDBANK’s Link.BizPortal for a more convenient way to invest in the Premyo Bonds. “This is a trailblazing effort to help reach the retail investors as part of the government’s financial inclusion efforts, through LANDBANK’s Link.Biz Portal,” EVP Halog said. Premyo Bonds are part of the government’s savings mobilization program designed to make government securities more accessible to retail investors. Proceeds from these will be used to fund government programs on education, housing, and healthcare, among others. “The Premyo Bonds is a public-private partnership for Filipinos to get into the habit of investing,” Treasurer De Leon said during the launch. For as low as Php500.00, interested individuals, cooperatives, provident funds, and retirement funds can invest in these bonds with a fixed 3% interest rate per annum. Investors also automatically qualify for a raffle entry for a chance to win as much as P1 million and other prizes such as condo unit or house and lot. Offer period will run from November 25 to December 13, 2019. For more information, visit https://www.treasury.gov.ph/premyobonds/.
READ MOREBangko Sentral ng Pilipinas Governor Benjamin E. Diokno (3rd from left) leads the launch of the EGov Pay and QR Ph last November 20, 2019 with (left to right) RCBC President and CEO Eugene S. Acevedo, LANDBANK President and CEO Cecilia C. Borromeo, PayMaya Founder and CEO Orlando B. Vea, UnionBank President and CEO Edwin R. Bautista. Land Bank of the Philippines (LANDBANK) announced that it has already enrolled nearly 700 merchants to its Link.Biz Portal, which facilitates electronic payment to various government and private merchants, in support of the Government e-Payments (EGov Pay) Program of the Bangko Sentral ng Pilipinas (BSP). This makes LANDBANK the first bank to implement the EGov Pay. At the recent launching of the BSP’s EGov Pay and National Quick Response Code Standard (QR Ph) Programs, LANDBANK said a total of 349 government agencies and 332 private institutions to date are already enrolled in LANDBANK’s Link.Biz Portal, such as the Bureau of Internal Revenue (BIR), Philippine National Police (PNP), Philippine Overseas Employment Administration (POEA), Professional Regulation Commission (PRC), and the Department of Trade and Industry (DTI), among others. LANDBANK developed the Link.Biz Portal, together with the Philippine Payments Management, Inc. (PPMI) and PESONet, in support of the National Retail Payment System (NRPS), a policy framework that seeks to establish a safe, efficient and reliable retail payment system in the country. “We congratulate the BSP for these milestone initiatives. LANDBANK supports these programs as the safest, most convenient and cost-efficient means of accelerating digital payments across the country. Through our Link.Biz Portal, we are able to help government collect revenues efficiently, which facilitates the prompt delivery of social services to the public through a quick and safe payment mechanism via the internet,” said LANDBANK President and CEO Cecilia C. Borromeo. Link.Biz Portal is designed to allow clients to conveniently pay for products and services online for both government and private institutions, using LANDBANK and other PESONet PayGate participating banks accounts, BANCNET-partner issuing bank accounts, Globe G-Cash accounts, and cash payment option. Meanwhile, LANDBANK said it has also adopted the QR Code for person-to-person (P2P) fund transfers between LANDBANK account holders. The QR Code is a two-dimensional bar code which stores digital information and allows clients to transfer funds to a destination account via an online channel or application, where clients could scan/import the recipient banks’ QR Code via their mobile devices.
READ MORENational Treasurer Rosalia V. De Leon (center) leads the launching of the 23rd issuance of the Retail Treasury Bonds (RTB 23). She is joined by LANDBANK President and CEO Cecilia C. Borromeo (2nd from right), (from L-R) First Metro Investment Corporation President Rabboni Francis Arjonillo, Security Bank Capital Corporation Managing Director Virgilio O. Chua, DBP President and CEO Emmanuel G. Herbosa, and BDO Capital and Investment Corporation President Eduardo V. Francisco. The Land Bank of the Philippines (LANDBANK) is selling to the general investing public the Bureau of Treasury’s (BTr) 23rd tranche of the Retail Treasury Bonds (RTB 23), aligned with the National Government’s goal of promoting financial inclusion and literacy in the country. Interested investors may purchase RTB 23 with a minimum investment of only P5,000 and in integral multiples thereafter, with an annual fixed interest rate of 4.375% within a 3-year term. The public offer period is currently ongoing until February 6, 2020. LANDBANK President and CEO Cecilia C. Borromeo expressed optimism in drawing a warm public reception for RTB 23, following the highly successful run of RTB 22 and the Premyo Bonds last year. “Our new offering of RTB 23 is a direct response to the growing public demand for safe, affordable, and higher-yielding investment products. Likewise, it reflects the Government’s continuous commitment towards fostering financial inclusivity among Filipino families, where everyone is invited to take part in securing a more financially stable future,” President Borromeo said during the official launch of RTB 23 last January 28. Consistent with the general design of RTBs, RTB 23 caters to the financial capacity of individual investors, referred to as retail investors, to access low-cost, low-risk, and short-term investments which provide higher returns than time deposits. The proceeds generated from RTBs are utilized by the National Government to help fund major socioeconomic projects and initiatives. This year, the BTr is also introducing an Exchange Offer program wherein holders of RTB 3-08, issued on April 11, 2017 and maturing on April 11, 2020, will be allowed to exchange and reinvest their bond holdings for the latest RTB 23 offering at no cost and on improved terms. RTB 23 made more accessible LANDBANK account holders here and abroad can invest in RTB 23 with ease and convenience via online purchase. This is possible through the first-ever Retail Treasury Bond (RTB) Online Facility launched by the BTr in partnership with LANDBANK last year. The RTB Online Facility automates the buying process through an online order form that is linked to LANDBANK Link.Biz Portal—an internet-based payment channel designed to accept payment of fees, dues, and charges from clients of enrolled merchants. Interested investors can avail of RTB 23 until February 6 by logging on to the BTr’s official website (www.treasury.gov.ph) or by visiting the nearest LANDBANK Branch.
READ MORELANDBANK President and CEO Cecilia C. Borromeo (center), Zambales Governor Hermogenes E. Ebdane, Jr. (4th from right), and Masinloc Mayor Arsenia J. Lim (3rd from left) lead the ribbon cutting at the inauguration of the LANDBANK Masinloc Branch in Brgy. Inhobol, Masinloc, Zambales. Joining them are Masinloc Vice-Mayor Pedro O. Enciso (2nd form right), LANDBANK offiicals namely (from L-R) Zambales Lending Center Department Manager Ma. Marita S. San Diego, Central Luzon Branches Group First Vice President Sylvia C. Lim, Masinloc Branch Head Ruth B. Panes, Branch Banking Sector Head Executive Vice President Julio D. Climaco, Jr., and Iba Branch Department Manager Emma M. Galvez. In line with its aggressive efforts to promote financial inclusion especially to the unbanked and underserved areas in the country, the Land Bank of the Philippines (LANDBANK) officially inaugurated its new branch in Masinloc, Zambales—the first commercial bank in the 1st class municipality. The Masinloc Branch will provide access to financial services and credit assistance to clients in the area, including neighboring municipalities of Candelaria and Sta. Cruz, covering a total of 54 barangays. This is the 4th LANDBANK branch in the province of Zambales, complementing its operations in Iba, Subic, and Olongapo City. LANDBANK President and CEO Cecilia C. Borromeo led the inauguration alongside Zambales Governor Hermogenes E. Ebdane Jr. and Masinloc Mayor Arsenia J. Lim. They were joined by Masinloc Vice-Mayor Pedro O. Enciso and LANDBANK officials, namely Branch Banking Sector Head Executive Vice President Julio D. Climaco, Jr., Central Luzon Branches Group First Vice President Sylvia C. Lim, Zambales Lending Center Department Manager Ma. Marita S. San Diego, Iba Branch Department Manager Emma M. Galvez, and Masinloc Branch Head Ruth B. Panes. “LANDBANK’s expanding reach in Zambales is a testament to our commitment to support the economic growth of the province. The opening of the Masinloc Branch is also consistent with our inclusive development thrust of establishing additional touchpoints for our priority sectors—the farmers and fishers who are in need of our services the most,” President Borromeo said. LANDBANK is currently servicing more than 10,000 farmers and fishers in the province engaged in rice production, trading, and fishing. Aside from having two Automated Teller Machines (ATMs), the Masinloc Branch also has a Digital Banking Corner installed with the Digital Onboarding System (DOBS), designed to help clients to open new accounts in just 10 to 15 minutes. Clients will also have access to the LANDBANK Link.Biz Portal which facilitates online payments for taxes, application fees, and other dues in 700-enrolled public and private institutions. The Masinloc Branch is the first LANDBANK branch inaugurated this year, to be followed by branches in Mangatarem and Umingan in Pangasinan, Tangub in Misamis Occidental, and Tubigon in Bohol. LANDBANK has a network of 409 branches, 46 lending centers, 2,195 ATMs, and 160 Cash Deposit Machines nationwide.
READ MOREThe Land Bank of the Philippines (LANDBANK) today assured beneficiaries of the national government’s social intervention program—the Conditional Cash Transfer (CCT), under the Department of Social Welfare and Development’s (DSWD) Pantawid Pamilyang Pilipino Program (4Ps)—that the state bank will continue to release their cash grants as scheduled through their LANDBANK Cash Cards. Crediting of the cash grants to a total of 2,528,122 CCT beneficiaries nationwide will be on March 24, 26 and 28, 2020. At the same time, LANDBANK reminded the beneficiaries, including the general public, that LANDBANK Cash Cards may be used for cashless purchases of groceries and medicines in supermarkets and drugstores through the Point-of-Sale (POS) machines at the cashier or check-out counters. Also, in line with safety and health measures being adopted by the Bank, clients are encouraged to use LANDBANK’s ATMs and electronic banking channels which may be accessed 24/7, anytime, anywhere, instead of going to its branches. These include the LANDBANK Mobile App, iAccess, WeAccess, Link.Biz Portal, Electronic Tax Payment System and Phone Access. Meanwhile, LANDBANK also assured the public of its continued banking operations. Selected LANDBANK Branches in the NCR, Luzon, Visayas and Mindanao will remain open. For a list of these available branches, including updates and client advisories, please visit, like and share the official LANDBANK social media accounts—for Facebook and Instagram: @landbankofficial, and for Twitter: @LBP_Official, and the LANDBANK website: www.landbank.com.
READ MOREDeposits breached the P2-trillion mark which allowed state-run Land Bank of the Philippines (LANDBANK) to record a 16.1% increase in total assets of P2.362 trillion in 2020 from its 2019 level of P2.033 trillion. LANDBANK said deposits expanded to P2.093 trillion, 17.4% higher from P1.783 trillion in 2019. This also fueled a significant 41.4% growth in investments from P694.9 billion to P982.5 billion. “LANDBANK posted marked growth in assets and deposits in 2020—a record achievement given the widespread economic impact of the health crisis. We will build on these gains and continue along this path to better serve our priority sectors, especially small farmers and fishers, micro, small and medium enterprises and other key development players,” said LANDBANK President and CEO Cecilia C. Borromeo. Reduced economic activities brought about by the COVID-19 pandemic, however, caused a 7% drop in net income to P17.1 billion from P18.5 billion in 2019. Meanwhile, year-end capital increased by 13% to P168.3 billion from P149.0 billion in 2019. The Bank’s financial ratios also remained strong despite the challenges set by the pandemic. LANDBANK posted a return on equity of 10.80%, which is well above the latest industry average. Return on assets stood at 0.78% and net interest margin at 3.16%. Common Equity Tier 1 ratio continued its steady growth year-on-year from 12.74% to 15.17%. With the Bank’s increased focus on supporting the country’s agriculture sector, LANDBANK’s total loan portfolio to farming and fishing industries expanded from P236.31 billion in 2019 to P237.62 billion in 2020. Of this amount, P43.98 billion benefitted small farmers and fishers, cooperatives and farmers’ associations, rural financial institutions, and other conduits. LANDBANK has also assisted cumulatively 2.67 million farmers and fishers nationwide as of end-2020, or a 133.5-percent accomplishment rate over the full-year target of two (2) million. Of this total, 718,875 small farmers were assisted through the Rice Farmers Financial Assistance (RFFA) and Financial Subsidy to Rice Farmers (FSRF) Programs jointly implemented with the Department of Agriculture (DA). In line with the Bank’s sustained drive for financial inclusion, LANDBANK is present in all 81 provinces of the country through 411 branches, 66 branch-lite units, and 55 lending centers. LANDBANK continues to respond to the growing demand for safe, accessible and convenient digital banking solutions under the new normal. The Bank reported that transactions facilitated through its six major electronic channels—the LANDBANK Mobile Banking App, Link.Biz Portal, weAccess, iAccess, Electronic Modified Disbursement System (eMDS), and Remittance System—collectively recorded a 21% increase in volume and a 36% growth in value in 2020. The Bank recently announced that the waiver on inter-bank fund transfer fees will remain until March 31, 2021. First implemented at the height of community lockdowns and previously extended until December 2020, the waiver covers retail clients who transfer funds through LANDBANK’s online banking channels via InstaPay and PESONet. For more updates, please Follow, Like and Share the official LANDBANK Facebook, Instagram and YouTube accounts (@landbankofficial), Twitter (@LBP_Official), and join our Viber community (@LANDBANK), or visit the LANDBANK website (www.landbank.com).
READ MOREWith the recent spike in COVID-19 cases in the country, the Land Bank of the Philippines (LANDBANK) is extending once again the waiver of fees for online fund transfers of retail clients until June 30, 2021. The waiver of fees, previously extended only until March 31, 2021, covers online fund transfers facilitated through LANDBANK’s online banking channels via InstaPay and PESONet. Among these platforms is the LANDBANK Mobile Banking App (MBA) which facilitated 14.1 million transactions valued at P20.27 billion as of end-February, amounting to increases of 71% and 230%, respectively, over the same period in 2020. The LANDBANK MBA was upgraded last year to include new features such as an enhanced user interface, card-less withdrawal, and registration of Mastercard credit and prepaid cards. Since the government imposed health restrictions in March last year, LANDBANK has been encouraging clients to utilize its digital and e-banking channels. This continues as the greater Manila area is again placed under Enhanced Community Quarantine (ECQ). "LANDBANK remains committed in balancing service delivery and safety, by providing secure and convenient digital banking solutions while promoting health protection. We continue to urge our clients to utilize our online banking platforms and make cashless transactions, especially at this time when COVID-19 cases are rising,” LANDBANK President and CEO Cecilia C. Borromeo said. As of February 2021, LANDBANK’s five major electronic channels—LANDBANK MBA, Electronic Modified Disbursement System (eMDS), Link.BiZ Portal, i-Access, and we-Access—recorded a cumulative 18.59 million transactions amounting to P247.08 billion. These represent increases of P16% and 47%, respectively, year-on-year. The LANDBANK eMDS, dedicated for national government clients and partners, recorded 191,494 transactions or a 10% increase in volume, amounting to P152.86 billion, or a 68% growth, from February 2020. Likewise, the Bank’s e-payment platform, the LANDBANK Link.BiZ Portal, facilitated 660,490 transactions amounting to P1.39 billion, or equivalent to 37% and 41% increases, respectively. Meanwhile, the LANDBANK i-Access, which provides 24/7 online banking services to individual retail clients, logged a total of 879,483 transactions with a total value of P2.28 billion representing an 83% growth rate. LANDBANK we-Access, which caters to the online banking needs of corporate clients, facilitated 2,740,611 transactions amounting to P70.33 billion. For more information about LANDBANK’s e-Banking 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 MOREAs of Tue, June 3, 2025
| Buying | Selling | |
|---|---|---|
| USD | 55.4 | 55.9 |
| JPY | 0.382827 | 0.397673 |
| EUR | 62.488768 | 64.914546 |
| GBP | 73.985881 | 76.857972 |
| HKD | 7.03666 | 7.561873 |
As of Mon, June 2, 2025
| UITF | NAVPU |
|---|---|
| Cash Management Fund | 1.564547 |
| Money Market Fund | 1.316022 |
| Money Market Plus Fund | 1.228694 |
| PERA Money Market Fund | 1.026649 |
| Medium-Term Bond Fund | 2.483126 |
| Bond Fund | 2.031414 |
| PERA Bond Fund | 1.205021 |
| Balanced Fund | 2.654239 |
| Growth Fund | 2.612634 |
| Alpha Equity Fund | 3.065608 |
| Blue Chip Equity Fund | 0.970383 |
| Equity Fund | 0.805521 |
| High Dividend Equity Fund | 1.016527 |
| US$ Money Market Fund | 1.436318 |
| Global $ Fund | 1.532596 |
