LANDBANK is extending a total of P14 million in financial assistance to various local government units (LGUs) impacted by tropical storm Kristine, as part of ongoing initiatives to fast-track local recovery and rehabilitation. The cash donation will support 130 LGUs across Luzon and Visayas, where communities face extensive damage from the recent tropical cyclone. “This funding provides critical support for our LGU partners to augment their Calamity Funds and sustain vital services for evacuees. As recovery timelines remain uncertain, LANDBANK is committed to helping LGUs respond swiftly and effectively to the needs of their communities,” said LANDBANK President and CEO Lynette V. Ortiz. The P14 million LANDBANK donation is in addition to the P1.1-billion assistance extended by the government to affected families, as announced by Presidential Communications Office (PCO). LANDBANK is likewise offering immediate financial assistance to affected businesses and sectors through the LANDBANK CARES Plus (Community Assistance and REintegration Support Plus) Lending Program to rebuild, restore operations, and recover from disaster-related losses. Eligible borrowers include micro, small, and medium enterprises (MSMEs), cooperatives, large corporations, and electric distribution utilities. The state-run Bank’s Electronic Salary Loan (eSL) also offers quick funds for government and corporate employees with LANDBANK payroll services, with a waived servicing fee for applications until December 31, 2024. Existing eSL borrowers may also apply for early renewal if they have completed at least one month of paid amortization. Meanwhile, the Bank is also offering the “EasyCash for Emergencies” feature for LANDBANK credit cardholders to convert available credit limits into emergency cash, repayable up to 36 months. Eligible customers will receive a notification for activation, or they may request cash conversion directly. ABOUT LANDBANK LANDBANK is the largest development financial institution in the Philippines promoting financial inclusion, digital transformation, and sustainable national development. Present in all 82 provinces in the country, the Bank is committed to provide accessible and responsive financial solutions to empower Filipinos from countryside to countrywide.
READ MORELand Bank of the Philippines (LANDBANK) has announced the availability of immediate financial assistance to businesses and individuals affected by Typhoon Kristine, reinforcing its commitment to helping rebuild communities and restore economic activity in hardly hit areas. Under the LANDBANK CARES Plus (Community Assistance and REintegration Support Plus) Lending Program, various sectors—including farmers, fishers, cooperatives, micro, small, and medium enterprises (MSMEs), large corporations, and electric distribution utilities—can access financial aid to rebuild, restore operations, and recover from disaster-related losses. “LANDBANK stands ready to provide accessible, responsive, and immediate financial assistance to sectors severely impacted by the typhoon. We are fully committed to doing our part in helping our kababayans and communities recover from this adversity while accelerating recovery efforts,” said LANDBANK President and CEO Lynette V. Ortiz. Eligible borrowers can use the loans to cover essential expenses, such as working capital, capital expenditures, and the repair or acquisition of disaster-damaged equipment, facilities and structures. Electric distribution utilities may also avail of short-term working capital to address increased generation and distribution costs following the typhoon. LANDBANK also offers the “EasyCash for Emergencies” feature for LANDBANK credit cardholders, allowing them to convert their available credit limits into emergency cash with flexible repayment options of up to 36 months. Eligible cardholders will receive an SMS and email from LANDBANK confirming their eligibility for the credit limit conversion. Customers with available credit limit may also reach out to the Bank to request for cash conversion. The funds will be credited to their LANDBANK deposit account upon validation of their application. For employees of government agencies and companies with LANDBANK payroll services, the Electronic Salary Loan (eSL) offers quick access to funds. Eligible borrowers may apply for the eSL by contacting their HR Department or visiting their LANDBANK servicing branch. Existing eSL borrowers may also apply for early renewal if they have completed at least one month of paid amortization. LANDBANK is waiving the servicing fee for eSL applications from 28 October to 31 December 2024. LANDBANK also encourages its customers to maximize the use of its digital banking channels, such as the LANDBANK MBA, iAccess, weAccess, Link.BizPortal, and Electronic Modified Disbursement System (eMDS), to safely complete banking transactions. ABOUT LANDBANK LANDBANK is the largest development financial institution in the Philippines promoting financial inclusion, digital transformation, and sustainable national development. Present in all 82 provinces in the country, the Bank is committed to provide accessible and responsive financial solutions to empower Filipinos from countryside to countrywide.
READ MOREFinance Secretary and Land Bank of the Philippines (LANDBANK) Chair Ralph G. Recto has praised the state bank for declaring PHP 33.5 billion in dividends––its single highest dividend yield in its history, with millions of Filipinos expected to benefit. The dividend remittance is in line with President Ferdinand R. Marcos, Jr.’s directive to uphold fiscal discipline, ensuring that the government maximizes non-tax revenues to fund priority programs without the need to impose new taxes on the people. “Ang halagang ito ay resulta ng kusang pagbubuti ng serbisyo ng LANDBANK. Ibig sabihin, mas maraming magsasaka ang nabigyan ng murang pautang, mas maraming mangingisda ang naabutan ng tulong, at mas masigla ang daloy ng kapital sa tinatawag nating countryside economy,” he said in his speech at the ceremonial turnover on June 9, 2025. “Kaya naman hindi lang po tseke ang inabot niyo ngayong araw, kundi pag-asa para sa milyon milyong Pilipinong makikinabang dito,” the LANDBANK Chair added. Under Republic Act No. 7656 or the Dividend Law, Government Owned and Controlled Corporations (GOCCs) are required to remit at least 50% of their net earnings during the preceding year as dividends to the national government. To maximize non-tax revenue, the Department of Finance (DOF) has requested GOCCs to increase this share to 75%. Secretary Recto thanked the DOF’s Corporate Sector and Strategic Infrastructure Group (CSSIG) for their impeccable work in helping oversee the country’s GOCCs, ensuring transparency, accountability, and genuine service for the Filipino people. “This dividend remittance to the National Treasury is living proof that when a government financial institution serves the people well, the nation reaps greater rewards,” he said. In 2024, LANDBANK remitted PHP32.12 billion in dividends — the highest among all GOCCs. With this year’s PHP33.53 billion declaration, LANDBANK maintains its standing as the top dividend contributor among GOCCs for the second consecutive year. “Our continued solid performance affirms LANDBANK’s role as a reliable partner of the National Government in its infrastructure push, its support to the agriculture, education and healthcare sectors. This is LANDBANK’s value to the Filipino people: clear in its impact and rooted in its mission,” said LANDBANK President and CEO Lynette V. Ortiz. Meanwhile, LANDBANK posted a solid PHP 13.29 billion net income for the first quarter of 2025, up 11% from PHP 11.98 billion year-on-year and 32% above its first quarter target. LANDBANK’s total assets also grew to PHP 3.43 trillion, up 5% year-on-year from PHP 3.27 trillion, driven by expansions in both loan and investment portfolios. Present during the turnover were DOF Chief of Staff and Undersecretary Maria Luwalhati Dorotan Tiuseco, CSSIG Undersecretary Rolando Tungpalan, and National Treasurer Sharon P. Almanza. (Press release courtesy of Department of Finance)
READ MOREAs a measure to prevent the spread of Coronavirus Disease 2019, we are implementing screening procedures to ensure the health of our clients, partners, and employees. If cleared, please disinfect your hands prior to entry in any LANDBANK branch or office. However, those with temperature readings of 38°C and above shall not be allowed entry. We request your utmost cooperation for everyone's benefit. Thank you. Bilang hakbang upang maiwasan ang paglaganap ng Coronavirus Disease 2019, at bilang pangangalaga sa kalusugan ng aming mga kliyente, partners at empleyado, nagpapatupad ang LANDBANK ng screening procedures. Kung hindi mataas ang temperatura, mangyari pong mag-disinfect ng mga kamay bago pumasok sa LANDBANK Branch o Office. Samantala, ang mga may temperature reading na 38*C o mas mataas pa ay hindi maaaring papasukin. Hiling namin ang inyong kooperasyon para sa kapakanan ng lahat. Maraming salamat po.
READ MORESalary/Job/Pay Grade: 4 Monthly Salary: Php 20,754.00 Job Description: Acts as frontliner and attend to various queries and requests relating to opening/closing of accounts and various online Bank products and remittances Responsible for verifying and certifying the authenticity of signatures and documents Receive record of various Bank transactions, including incoming/outgoing clearing check transactions
READ MORESalary/Job/Pay Grade: 4 Job Description: Acts as frontliner and attend to various queries and requests relating to opening/closing of accounts and various online Bank products and remittances Responsible for verifying and certifying the authenticity of signatures and documents Receive record of various Bank transactions, including incoming/outgoing clearing check transactions
READ MOREJob Description: Acts as frontliner and attend to various queries and requests relating to opening/closing of accounts and various online Bank products and remittances Responsible for verifying and certifying the authenticity of signatures and documents Receive record of various Bank transactions, including incoming/outgoing clearing check transactions
READ MORESalary/Job/Pay Grade: 4 Job Description: Acts as frontliner and attend to various queries and requests relating to opening/closing of accounts and various online Bank products and remittances Responsible for verifying and certifying the authenticity of signatures and documents Receive record of various Bank transactions, including incoming/outgoing clearing check transactions
READ MORESalary/Job/Pay Grade: 4 Job Description: Acts as frontliner and attend to various queries and requests relating to opening/closing of accounts and various online Bank products and remittances Responsible for verifying and certifying the authenticity of signatures and documents Receive record of various Bank transactions, including incoming/outgoing clearing check transactions
READ MORESalary/Job/Pay Grade: 4 Job Description: Acts as frontliner and attend to various queries and requests relating to opening/closing of accounts and various online Bank products and remittances Responsible for verifying and certifying the authenticity of signatures and documents Receive record of various Bank transactions, including incoming/outgoing clearing check transactions
READ MOREAs of Tue, July 8, 2025
| Buying | Selling | |
|---|---|---|
| USD | 56.25 | 56.75 |
| JPY | 0.3798 | 0.394526 |
| EUR | 64.938391 | 67.451064 |
| GBP | 75.458327 | 78.378049 |
| HKD | 7.139628 | 7.671579 |
As of Mon, July 7, 2025
| UITF | NAVPU |
|---|---|
| Cash Management Fund | 1.570216 |
| Money Market Fund | 1.320838 |
| Money Market Plus Fund | 1.233037 |
| PERA Money Market Fund | 1.029508 |
| Medium-Term Bond Fund | 2.491191 |
| Bond Fund | 2.044433 |
| PERA Bond Fund | 1.212926 |
| Balanced Fund | 2.697866 |
| Growth Fund | 2.65328 |
| Alpha Equity Fund | 3.162605 |
| Blue Chip Equity Fund | 0.985893 |
| Equity Fund | 0.82815 |
| High Dividend Equity Fund | 1.026845 |
| US$ Money Market Fund | 1.440342 |
| Global $ Fund | 1.512338 |
