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23rd Depositor Protection and Awareness Week

The First PH Polymer Banknote Series

PDIC Notice to Depositors

Revised Terms and Conditions

10-Year Fixed Rate Treasury Notes due 2025

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      • Easy Home Loan
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      • OFW  Reintegration Program (OFW-RP)
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      • I-RESCUE LENDING PROGRAM
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      • Safeguards Framework Manual
      • Bringing Urbanization and Innovations Thru Landbank's Diverse Engineering Resources Support (BUILDERS)
      • Health Progressive Lending for Upgraded Services Program (HEALTH-PLUS)
      • Lending Program for Economic Zone Developers
    • For Local Government Units
      • Credit Facility for State Universities and Colleges (SUCs)
      • HEAL Lending Program
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  • CARDS
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MC - FP MCFOREST Campaign

Promo Period Oct 27, 2022 to Nov 30, 2022 Promo Mechanics Use code: MCFOREST to enjoy P50 discount + plant 2 trees. MOV P500. Other Details T&C This promo is available for all MASTERCARD users Not convertible to cash, and not for resale Valid on delivery, pick-up, shops, & pandamart Valid from Oct 27 to Nov 30 How to avail of discount Log-in to www.foodpanda.ph or the foodpanda app. Enter your delivery address and details. Select a restaurant or shop within your area. Add items to your cart until you reach P500 or more. Once finished, click "Apply a voucher" on the cart page. Input the voucher code MCFOREST. Discount will be applied automatically after. Click "Review payment and address". Select/add your MasterCard debit or credit card as your payment method. Click "Place order". Wait for your food and eat! DTI Per DTI Fair Trade Permit No. FTEB-154399 Series of 2022

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MC - Vogue Philippines Subscription Offer 2022

RECEIVE A COMPLIMENTARY ISSUE OF VOGUE PHILIPPINES WHEN YOU SIGN UP FOR A ONE-YEAR SUBSCRIPTION WITH MASTERCARD® Promo Mechanics The promotion is open to all Philippine- issued Mastercard credit, debit and prepaid cardholders only. Purchase a one-year subscription of Vogue Philippines and receive one complimentary regular issue or Vogue’s maiden issue when you pay with your Mastercard from November 11-December 31, 2022. The maiden issue is subject to availability. The free issue will be included in your first months of subscription. The one-year subscription consists of 10 regular issues for only Php 5,950 (excluding shipping fees). This special promo subscription excludes the September 2023 anniversary issue. Visit shop.vogue.ph to avail this special offer. For any questions or clarifications, you may email Vogue Philippines via shop@vogue.ph. For more information, you may also visit link: https://shop.vogue.ph/products/vph-full-year-subscription  With Mastercard’s Priceless Planet Coalition™ mission to restore 100 million trees by 2025, 25 trees will be planted for every subscription purchased using your Mastercard® during this promotion period. DTI Per DTI Fair Trade Permit No. FTEB-155266 Series of 2022

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LANDBANK backs San Juan City’s digitalization, infra projects

LANDBANK President and CEO Cecilia C. Borromeo (4th from left) and other Bank officers pay a courtesy visit to San Juan City Mayor Francisco Javier M. Zamora (seated) on 09 November 2022, to express support for the LGU’s digitalization and infrastructure projects for the city.  SAN JUAN CITY – The Land Bank of the Philippines (LANDBANK) reaffirmed its commitment to the City Government of San Juan in supporting its digitalization and infrastructure development agenda for the welfare of the City’s residents.  LANDBANK President and CEO Cecilia C. Borromeo paid a courtesy visit to San Juan City Mayor Francisco Javier M. Zamora on 09 November 2022 to discuss ongoing joint initiatives and explore other opportunities for collaboration to accelerate the City’s growth and development.    LANDBANK has financed the LGU’s infrastructure projects over the years, including the construction of its City Hall and the San Juan Medical Center, as well as the acquisition of medical equipment for the healthcare facility.  The two principals discussed the possible construction of a local government center in the City to house government offices, sports facilities, and other support services.  LANDBANK likewise supports San Juan City’s digitalization thrust by providing secure and reliable digital banking services for the efficient operations of the LGU. These services include digital account management via the LANDBANK weAccess and digital tax payments through the LANDBANK Electronic Tax Payment System (eTPS).  The San Juan LGU previously signed a Memorandum of Agreement (MOA) with the Bank to utilize the LANDBANK Link.BizPortal, and will soon be able to provide local residents a safe, reliable, and efficient online payment solution to pay their taxes, permits, and other fees.  Also in partnership with the LGU, micro, small and medium enterprises (MSMEs) in the City also conveniently received their LANDBANK Cash Cards loaded with P10,000.00 financial aid under the Pangkabuhayan sa Pagbangon at Ginhawa (PPG) of the Department Trade and Industry (DTI), to help them recover from the adverse effects of the pandemic.   Along with other LANDBANK customers, the beneficiaries can transact from the Bank’s four (4) Branches and seven (7) automated teller machines (ATMs) in San Juan City.

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LANDBANK, COOP NATCCO Partylist meet to advance co-op cause

(seated) LANDBANK President and CEO Cecilia C. Borromeo (3rd from right) meets with COOP NATCCO Partylist Representative Hon. Felimon M. Espares (4th from right) and other partner cooperatives on 10 November 2022 to discuss areas of cooperation to respond to the issues and concerns faced by cooperatives nationwide. Land Bank of the Philippines (LANDBANK) President and CEO Cecilia C. Borromeo received COOP NATCCO Partylist Representative Hon. Felimon M. Espares and other partner cooperatives on 10 November 2022 at the LANDBANK head office, to discuss possible areas of partnership related to legislation to advance the cooperative sector in the country. President Borromeo welcomed the dialogue initiative to further strengthen LANDBANK’s continuing efforts to provide financial and technical assistance to co-ops nationwide.  During the group’s courtesy call, LANDBANK discussed available financial support to public transport cooperatives through the SPEED PUV Lending Program, which offers affordable financing for the purchase of more efficient and safer vehicles, in line with the National Government’s Public Utility Vehicle Modernization Program (PUVMP).  In partnership with the Department of Transportation (DOTr), the transport co-ops will soon utilize the Automated Fare Collection System (AFCS), to provide commuters convenient and safe cashless payments in Public Utility Vehicles (PUVs).  The state-run Bank also proposed collaborative initiatives to support the digital transformation of local cooperatives engaged in other industries, and cited various digitalization benefits by local government partners as examples of trailblazing digital programs.  Towards building stronger and more resilient communities, President Borromeo likewise expressed the continued commitment of LANDBANK to provide intensified support to the agriculture sector through co-ops represented by the Partylist group.  Rep. Espares was joined in the consultative meeting by Renato G. Dela Cruz, Vice Chairperson of San Dionisio Credit Cooperative; Brian A. Yap, CEO of the Cebu Peoples Cooperative; Edmund B. Cadavona, Chairperson of the National Federation of Transport Cooperatives; Marlene Sindayen, General Manager of Novaliches Development Cooperative and Representative of the National Anti-Poverty Commission, among other co-op partners. Meanwhile, LANDBANK President Borromeo was with Senior Vice President Filipina B. Monje, Vice President Vivian M. Cañonero, and Assistant Vice Presidents Leonardo D. Aurellana, Jr. and Generoso S. David, and Program Officer Gliceria B. Angeles.

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MC - PAL Your Window to More of the World

Promo Mechanics This is to certify that PAL will be running a Mastercard® Sale promotion from Nov 21, 2022 to December 18, 2022 with the following Terms and Conditions as enclosed below Per DTI Fair Trade Permit No. FTEB-155855 Series of 2022: PAL Terms and Conditions Promotion is valid for Philippine Airlines customers purchasing a ticket from November 21, 2022 to December 18, 2022, using a Mastercard® Philippines-Issued Credit or Debit Card for payment. Customer must enter the first six digits of a valid Mastercard® Philippines-Issued debit or credit card number as a promo code in the PAL website or mobile app. Upon doing so, they will be able to purchase discounted tickets up to 20% off exclusive to those who will pay using their Mastercard® Philippines-Issued Credit or Debit Card. Philippine Airlines will pledge to donate $2 for every ticket purchased as part of this promotion to the Priceless Planet Coalition, a sustainability project which plants trees in the Philippines and other countries (https://www.mastercard.us/en-us/vision/corp-responsibility/priceless-planet.html). Partner firms and passengers hold all liabilities for any problems arising from or related to the partner firm’s services/products provided. Passenger agrees to release and discharge PAL, its officers, directors, employees, agents, insurers, reinsurers and other parties-in-interest from any and all known and unknown claims and damages of any nature that may arise from the Partner firms services and products.  Promotion available for tickets purchased through PAL website and mobile app. Passenger must provide valid e-mail address for receipt of offers. Passengers are responsible for obtaining and holding all required travel documents and visas and for complying with all applicable laws, rules, and government regulations, and travel requirements for their travel into, through and from Singapore. Passenger agrees that the flight ticket used in availing the promotion is governed by the General Conditions of Carriage and confirms reading the same at https://www.philippineairlines.com/AboutUs/LegalNotices/GeneralConditionsOfCarriage/GeneralConditionsFullVersion . Promo valid for domestic travels On/After November 21, 2022 and international travels On/After February 15, 2023. Blackout Dates: Domestic: 01DEC22-15JAN23/16MAR23-15JUN23/18AUG23-21AUG23/25AUG23-28AUG23/28OCT23-15JAN24 International except US, Canada, Guam: OUTBOUND: 03APR23-06APR23/08APR23-10APR23/27APR23-28APR23 INBOUND: 08APR23-10APR23/30APR23-01MAY23/28OCT23-15JAN24 US, Canada, Guam: OUTBOUND: 07JUL23-17SEP23 INBOUND: 11MAY23-16JUL23 CAB Approval No. 0891-11-10-s.2022 DTI Fair Trade Permit No. FTEB-155855 Series of 2022 ASC Approval No. P104P111822PS

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LANDBANK eyes better services with new branch site in UP Diliman

UP President Atty. Danilo L. Concepcion (2nd from right) and LANDBANK Executive Vice President Liduvino S. Geron (3rd from right) lead the groundbreaking ceremony for the new LANDBANK UP Diliman Branch Building at the UP Diliman Campus in Quezon City on 21 November 2022. DILIMAN, Quezon City – The University of the Philippines (UP) and the Land Bank of the Philippines (LANDBANK) held a groundbreaking ceremony for a four-story building that will house the LANDBANK UP Diliman Branch. Located along Jacinto Street at the UP Diliman Campus, the new site of the LANDBANK UP Diliman Branch will feature a bigger space with more parking slots, to provide members of the UP community, and nearby communities, with more convenient access to the Bank’s products and services.  UP President Atty. Danilo L. Concepcion and LANDBANK Executive Vice President Liduvino S. Geron led the ceremony on 21 November 2022. They were joined by UP Vice President for Development Elvira A. Zamora, UP Diliman Vice Chancellor for Planning and Development Raquel B. Florendo, LANDBANK Senior Vice President Marilou L. Villafranca, and UP Diliman Branch Head Malaine P. Baui.  President Concepcion said that the soon-to-rise building reflects the strong partnership between UP and LANDBANK, adding that the new site is more strategic for the Bank to service the entire UP community.  The construction of the building will be financed by LANDBANK and is expected to be completed by 2024. Aside from the UP Diliman Branch on the ground floor, the building will also house UP offices on the second to fourth floors.  “LANDBANK stands ready in boosting the operational efficiency of the UP Diliman Campus, as well as the entire UP System, through our banking products and services. We are one with the University in undertaking meaningful programs and initiatives in the service of the Filipino people and the nation,” said LANDBANK President and CEO Cecilia C. Borromeo. The new UP Diliman Branch is designed with four on-site automated teller machines (ATMs), to complement LANDBANK’s four offsite ATMs across the campus, with one mobile ATM on standby.  The Branch will also feature a more spacious Digital Banking Corner where customers can open a deposit account in as fast as 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, such as the LANDBANK Mobile Banking App and iAccess, for safe and convenient online transactions.

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MC - Lazada Instant P50 OFF Promo (2022)

Promo Mechanics Qualified Cards: Mastercard Credit, Debit Cards (including all issuing banks) that have been saved on user’s Lazada accounts prior to the promo period.  Promo Period: November 30 and December 30, 2022 Promo Period and Promo Offer The Promotion is open to all issuing banks of active Mastercard Principal or Supplementary Credit, Debit, and Prepaid Cardholders. Promo Offer: Get PHP 50 OFF instantly, only with Mastercard! Only those who have saved their Mastercard debit and credit cards on their Lazada accounts prior to the promo period will be eligible for the discount. The promo is valid on regular and sale items at Lazada. Purchase must be made on November 30 and December 30, 2022 from 12:00 am to 11:59 pm Philippine time. PHP 50 discount applies for a minimum transaction amount of PHP 1,000 charged to the Mastercard credit or debit card. The discount will be automatically applied on purchases in Lazada and is open to new and existing Lazada customers. Customers should meet the minimum spend requirement, and select their Mastercard debit or credit card. Discount is valid for one-time use at the Lazada mobile app. Discount is not applicable to digital goods, stores with digital products, milk products for 3 years old below (under the Milk Code) and other goods from blacklisted sellers set by Lazada. Purchase must be made using an eligible Mastercard Credit/Debit/Promise Card during indicated redemption dates only. Dates are as follows: November 30 and December 30, 2022. Instant Off discounts can be used with other collectible vouchers and voucher codes, except for platform shipping fee vouchers. Transaction must be made within the Promo Period to avail of the Promo. The Promo is valid at Lazada Philippines Smartphone mobile app only. How to Avail via Lazada App Terms and Conditions Discount can be used once throughout the valid promo period. Discount is applicable to Mastercard debit and credit cardholders who have saved their card to their Lazada accounts prior to the promo periods. Discount is applied automatically at the checkout only when the customer has met the minimum spend requirement and has selected Mastercard as the payment method. Discount is not exchangeable for cash, credit or other goods and services.  Discount cannot be applied retroactively. Discount is not applicable to items marked “Discount not applicable on this item”. All cancelled orders will not be valid for re-instatement of Instant Off discounts. The use of discount is subject to the Lazada Voucher Terms and Conditions. Customer Support For questions or clarifications, please contact Lazada Customer Care by clicking the chat button at http://www.lazada.com.ph/contact.

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LANDBANK-funded ‘Cocohub’ boosts Cebu farmers’ income

The Coconut Hub of Lamac Multi-Purpose Cooperative (LMPC) at Barangay Colonia in Tuburan, Cebu produces various products made from coconuts, that has been helping increase the income of local coconut farmers while providing livelihood opportunities among women in the community. (Photos courtesy of LMPC) TUBURAN, Cebu – When Super Typhoon “Yolanda” devastated parts of the country in 2013, coconut farmers from this town struggled with lower productivity and income. They were left with damaged coconut farms, making it even harder to earn a living for their families. This dire situation pushed the Lamac Multi-Purpose Cooperative (LMPC) to support its farmer-members by establishing a production center for diverse products made from coconuts, which provides farmers with higher income from selling all parts of their produce to LMPC at a competitive price, instead of relying solely on producing copra. The Coconut Hub or ‘Cocohub’ facility, the first-of-its-kind in Cebu, commenced operations in 2020. Today, the center processes 15,000 seed nuts a day for the production of virgin coconut oil, coco sugar, coco baskets, ropes, mats, and anti-soil erosion nets, among others.  The Cocohub project benefits over 500 farmers from Tuburan and neighboring towns, while generating employment opportunities for women in the community who work full-time in the hub.  The operations of the Cocohub is backed by financial support from the Land Bank of the Philippines (LANDBANK)—a long-time development partner of the LMPC. Loans from the Bank are used as working capital for the purchase of furniture and fixtures, payment of raw materials to suppliers, and salary of the cooperative’s workers.  “Malaki ang naitutulong ng LANDBANK upang mapanatili ang operasyon ng Cocohub, lalo na at hindi ganon kabilis ang return of investment dito. Parang pamilya na namin ang LANDBANK dahil lahat ng pangangailangang pampinansiyal ng LMPC ay sila talaga ang tumutugon,” said LMPC General Manager Ma. Elena C. Limocon. The Cocohub is a joint project with the Philippine Coconut Authority (PCA), which provides the LMPC infrastructure support and essential equipment, including a decorticating machine.    Other government agencies and local government units (LGUs) are likewise supporting the project to help sustain its operations. These include the Department of Science and Technology (DOST), Department of Trade and Industries (DTI), Bureau of Fisheries and Aquatic Resources (BFAR), and the Cebu Technological University (CTU), which provide information resources, product innovations, and relevant trainings to capacitate farmers as well as for marketing of the goods.  “LANDBANK is a proud partner of the LMPC Cocohub designed to uplift the lives of coconut farmers and communities in Cebu. This project is a shining example of how government partners working under a whole-of-nation approach can build a sustainable and inclusive agricultural value chain,” said LANDBANK President and CEO Cecilia C. Borromeo.  Development partner in the countryside The LMPC has been a consistent development partner of LANDBANK in the Visayas region since 1992. It is mainly engaged in credit extension through its 56 branches, assisting more than 120,000 farmers and fishers from the provinces of Cebu, Bohol, Negros Occidental and Leyte for their livelihood and agricultural projects. LANDBANK’s unwavering support to LMPC has also allowed the co-op to take on other meaningful projects and initiatives in support of various local communities. The LMPC has participated in the Milk Feeding Program of the Department of Education (DepEd) that benefits thousands of undernourished students from Cebu and Negros Occidental. The co-op has an existing loan line from LANDBANK to augment its working capital for dairy production.  The LMPC is also instrumental in bringing basic banking services to underserved areas by equipping most of its branches with point-of-sale (POS) terminals under LANDBANK’s Agent Banking Program (ABP), to facilitate banking transactions for local residents, especially in remote communities. LANDBANK is the second largest universal bank in the country that is committed to serve the development requirements of cooperatives, thereby empowering them to become catalysts for inclusive growth in the countryside. As of end-October 2022, LANDBANK’s outstanding loans to the cooperative sector have reached P61.4 billion, helping over 1,300 co-ops nationwide.

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MC - GrabMart Promo (2022)

Promo Mechanics Promo Terms and Conditions Grab Discounts Grab Discounts GrabMart:  20% off, minimum spend P1000, maximum discount P300 Promo period from December 5 - 11, 2022 1x redemption per user Shipping Areas: Nationwide Promo Code: MC20OFFGM For every promo redeemed, Mastercard will donate P50 to Action Against Hunger PH Promo is valid to existing Grab users on the Grab app. Promo is valid to all Philippine-issued Mastercard® Credit Cards only. Grab app must be updated to the latest version to avail of the promo. Should there be any disputes, Grab’s decision shall prevail with the concurrence of DTI. These terms and conditions shall be governed by the laws of the Philippines and any dispute arising out of or in connection with promotion shall be referred to the exclusive jurisdiction of courts of the Philippines. Customer Journey User opens the Grab app and taps on the “Food” / “Car” / “Mart” Tile. User selects preferred food/mart merchant, or books the car ride. Once the user meets the minimum spend required on the preferred Grab service, along with all the other T&Cs mentioned, the Mastercard discount will be available for them to click and apply. Users will enjoy the promo. Customer Support For questions or clarifications, users may open their Grab app and tap Account (bottom bar) and select Help Center.

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LANDBANK drives cashless payments in Davao City’s biggest public market

(left photo) Bangko Sentral ng Pilipinas (BSP) Governor Felipe M. Medalla (4th from left), Monetary Board Member Eli M. Remolona (2nd from left), Deputy Governor Bernadette Romulo-Puyat (leftmost), and Davao City Vice Mayor Jay Melchor B. Quitain, Jr. (3rd from left) are joined by LANDBANK officers during the launch of the Paleng-QR Ph at the Bankerohan Public Market in Davao City on 23 November 2022. (right photo) A LANDBANK Mobile Branch is deployed during the launch event to facilitate on site LANDBANK account opening among market vendors, shop owners and market goers. DAVAO CITY – The Land Bank of the Philippines (LANDBANK) is stepping-up to accelerate the adoption of cashless transactions in this City’s biggest public market, in support of the Central Bank's thrust of transforming the country into a cash-lite economy.  LANDBANK joined the Bangko Sentral ng Pilipinas (BSP), the Department of Interior and Local Government (DILG), and the City Government of Davao during the launch of the Paleng-QR Ph program at the Bankerohan Public Market last 23 November, to provide local stakeholders with their own bank accounts. The LANDBANK Mobile Branch was deployed to facilitate on-the-spot account opening among market vendors and shop owners, as well as market goers. New LANDBANK account holders were automatically enrolled in the LANDBANK Mobile Banking App (MBA), which can facilitate the transfer and receipt of funds via Quick Response (QR) code.  “LANDBANK fully supports the Paleng-QR Ph program in encouraging local communities to adopt cashless payments. We are bringing digital payments closer to consumers to make everyday transactions faster, safer and more convenient, where development is truly inclusive,” said LANDBANK President and CEO Cecilia C. Borromeo.  The Overseas Filipino Bank (OFBank), the official digital bank of the Philippine government and a subsidiary of LANDBANK, also participated in the event and offered its deposit products to Davaoeños.  The launch of Paleng-QR Ph in Davao City was spearheaded by BSP Governor Felipe M. Medalla and Mayor Sebastian Z. Duterte. They were joined by BSP Monetary Board Members Antonio S. Abacan, Jr., V. Bruce J. Tolentino, Anita Linda R. Aquino and Eli M. Remolona, and Deputy Governors Eduardo G. Bobier and Bernadette Romulo-Puyat, DILG XI Assistant Regional Director Abdullah Matalam, and Vice Mayor Jay Melchor B. Quitain, Jr. Jointly developed by the BSP and DILG, the Paleng-QR Ph program aims to build the digital payments ecosystem in the country by promoting cashless payments in public markets and local transportation, particularly tricycles.  LANDBANK has been supporting the BSP’s digitalization thrust by providing its customers with innovative digital banking platforms.  Most recently, the Bank launched the LANDBANKPay, an all-in-one mobile wallet that allows users to conveniently pay bills, load up mobile phones and tollway RFID accounts, make online purchases, as well as transfer funds anytime, anywhere.   Since the pandemic started, LANDBANK has also recorded a consistent increase in customer demand for digital financial transactions. In the first three quarters of the year alone, the Bank facilitated a total of 111.3 million transactions amounting to P4.6 trillion across its major digital platforms, for 15% and 169% year-on-year growths in volume and value, respectively. The LANDBANK MBA topped the list in terms of transaction volume facilitated, after recording 87.6 million transactions worth P154.3 billion. 

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