The Transparency Seal, depicted by a pearl shining out of an open shell, is a symbol of a policy shift towards openness in access to government information.
I. AGENCY'S MANDATE, MISSION, VISION AND LIST OF OFFICIALS
I.A. About LANDBANK
LANDBANK is the largest development financial institution in the country promoting financial inclusion, digital transformation, and sustainable national development. Present in all 82 provinces in the county, the Bank is committed to provide accessible and responsive financial solutions to empower Filipinos from countryside to countrywide.
See also:
• Corporate Profile
• History
• Major Roles of LANDBANK
• LANDBANK Promise
I.B. Board of Directors (BODs) and Management Team
• List of Board-level Committees
• List of BODs and Management Team
II. ANNUAL REPORTS
II.A. Annual Performance Reports
2025
• Trial Balance:
Q2 2025 | Q1 2025
• Balance Sheet:
Q2 2025 | Q1 2025
• Statement of Income and Expenses:
Q2 2025 | Q1 2025
2024
• Trial Balance as of:
Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024
• Balance Sheet as of:
Q4 2024 | Q3 2023 | Q2 2024 | Q1 2024
• Statement of Income and Expenses:
Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024
2023
• 2023 Annual Report
• Trial Balance:
Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023
• Balance Sheet:
Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023
• Statement of Income and Expenses:
Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023
2022
• 2022 Annual Report
• Trial Balance:
Q4 2022 | Q3 2022 | Q2 2022 I Q1 2022
• Balance Sheet:
Q4 2022 | Q3 2022 | Q2 2022 I Q1 2022
• Statement of Income and Expenses:
Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022
2021
• 2021 Annual Report
• Trial Balance:
Q4 2021 | Q3 2021 | Q2 2021 I Q1 2021
• Balance Sheet:
Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021
• Statement of Income and Expenses:
Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021
2020 and below
• 2017-2020
II.B. Annual Audited Financial Statements
2024
• 2024 COA Audited Financial Statement (date posted: 14 July 2025)
2023
• 2023 COA Audited Financial Statement (date posted: 17 July 2024)
2022
• 2022 COA Audited Financial Statement (date posted: 18 October 2023)
◦ 2022 Transmittal Letter
◦ 2022 Cover
◦ 2022 Executive Summary
◦ 2022 Table of Contents
◦ 2022 Flyleaves
◦ 2022 Independent Auditor's Report
◦ 2022 Statement of Management's Responsibility
◦ 2022 Statement of Financial Position
◦ 2022 Notes to Financial Statements
◦ 2022 Observations and Recommendations
◦ 2022 Status of PY Recommendations
◦ 2022 Annexes
2021 and below
• Annual Audited Financial Statements - 2019 to 2021
• Annual Audited Financial Statements - 2016 to 2018
III. BUDGET EXECUTION DOCUMENTS
III.A. DBM-Approved Budget
2025 | 2024 | 2023 | 2022 | 2021
2020 | 2019 | 2018 | 2017 | 2016
III.B. Corresponding Targets
2025
• 2025 Targets and Accomplishments:
Q2 2025 | Q1 2025
2024
• Performance Scorecard and Strategy Map 2024
• 2024 Targets and Accomplishments:
Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024
2023
• 2023 Performance Scorecard Validation Result
• 2023 Performance Scorecard Accomplishment
• Performance Scorecard and Strategy Map 2023
• 2023 Targets and Accomplishments:
Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023
2022
• 2022 Performance Scorecard Validation Result
• 2022 Performance Scorecard and Accomplishment
• Performance Scorecard and Strategy Map 2022
• 2022 Targets and Accomplishments:
Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022
2021
• Performance Scorecard and Strategy Map 2021
• 2021 Performance Scorecard and Accomplishment
• 2021 Targets and Accomplishments:
Q4 2021 | Q3 2021 | Q2 2021 I Q1 2021
• Validation result of 2021 Performance Scorecard
2020
• Performance Scorecard and Strategy Map 2020
• 2020 Performance Scorecard and Accomplishment
• 2021 Targets and Accomplishments:
Q4 2020 | Q3 2020 | Q2 2020 | Q1 2020
• Validation result of 2020 Performance Scorecard
2019
• Performance Scorecards and Strategy Map 2019
• 2019 Performance Scorecard and Accomplishment
• 2019 Targets and Accomplishments:
Q3 2019 | Q2 2019 | Q1 2019
• Validation result of 2019 Performance Scorecard
2018
• Performance Scorecard 2018
• 2018 Performance Scorecard and Accomplishment
• 2018 Targets and Accomplishments:
Q3 2018 | Q2 2018 | Q1 2018
• Revalidated Result of 2018 Performance Scorecard
2017
• Performance Scorecard 2017
• 2017 Performance Scorecard and Accomplishment
• 2017 Targets and Accomplishments:
Q3 2017 I Q2 2017 I Q1 2017
• Validated Results of 2017 Performance Scorecard
IV. PROCUREMENT MONITORING REPORTS
IV.A. Annual Procurement Plan
2025
• 2025 Procurement Monitoring Report for 1st Semester 2025 (date posted: 14 July 2025)
Part 1 | Part 2 | Part 3 | Part 4 | Part 5
Part 6 | Part 7 | Part 8 | Part 9 | Part 10
• 2025 Annual Procurement Plan (date posted: 28 January 2025)
• Indicative Annual Procurement Plan for FY 2025 (date posted: 30 August 2024)
• Supplemental Annual Procurement Plan for CY 2025 - 1st Semester (date posted: 30 July 2025)
2024
• 2024 Procurement Monitoring Report for 2nd Semester 2024 (date posted 14 January 2025):
Part 1 | Part 2 | Part 3 | Part 4
• 2024 Procurement Monitoring Report for 1st Semester 2024 (date posted: 30 June 2024)
Part 1 | Part 2 | Part 3 | Part 4 | Part 5
Part 6 | Part 7 | Part 8 | Part 9
• Supplemental Annual Procurement Plan for CY 2024 - 2nd Semester (date posted: 31 January 2025)
• Supplemental Annual Procurement Plan for CY 2024 - 1st Semester
• 2024 Annual Procurement Plan (date posted: 31 January 2024)
• Annual Procurement Plan Common Use Supplies and Equipment for CY 2024
• Indicative Annual Procurement Plan for CY 2024
2023
• Supplemental Annual Procurement Plan for CY 2023 - 2nd Semester (date posted: 31 January 2024)
• 2023 Procurement Monitoring Report as of 31 December 2023
Part 1 | Part 2 (date posted: 12 January 2024)
• 2023 Procurement Monitoring Report as of 30 June 2023 (date posted: 14 July 2023)
• 2023 Supplemental Annual Procurement Plan - for 1st Semester (date posted: 31 July 2023)
• 2023 Annual Procurement Plan
• 2023 Indicative Annual Procurement Plan (date posted: 30 September 2022)
2022
• Updated Annual Procurement Plan (date posted: 27 January 2023)
• 2022 Annual Procurement Plan
• 2022 Annual Procurement Plan - CSE
• 2022 Indicative APP for Non Common-Use Supplies and Equipment
• 2022 Procurement Monitoring Report as of:
December 31 | June 30
• Supplemental Annual Procurement Plan as of June 30, 2022
2021
• Updated Annual Procurement Plan (date posted: 31 March 2022)
• Supplemental Annual Procurement Plan as of 30 June 2021
• 2021 Procurement Monitoring Report as of 30 June 2021:
Part 1 I Part 2 I Part 3 I Part 4
• 2021 Procurement Monitoring Report as of 31 December 2021
• 2021 Annual Procurement Plan
• 2021 Indicative Annual Procurement Plan (date posted: Septemeber 28, 2020)
• 2021 APP for Common-Use Supplies and Equipment: Part 1 I Part 2 I Part 3
2020
• Updated Annual Procurement Plan (date posted: 31 March 2021)
• Supplemental APP as of 30 June 2020
• Procurement Monitoring Report as of:
December 31 | June 30
• 2020 Annual Procurement Plan (Non-CSE)
• 2020 Proposed Indicative Annual Procurement Plan (date posted: 30 August 2019)
• 2020 Annual Procurement Plan CSE
2019
• Updated Annual Procurement Plan (date posted: 31 January 2020)
• 2019 Annual Procurement Plan
• Indicative Annual Procurement Plan 2019
• Annual Procurement Plan 2019 CSE
• Procurement Monitoring Report as of:
December 31 | June 30
2018
• Annual Procurement Plan 2018
• Procurement Monitoring Report as of 30 June 2018
2017
• Procurement Monitoring Report FY 2017
• Annual Procurement Plan 2017
• Contracts Awarded: Q4 2017 I Q4 2017 I Q2 2017 I Q1 2017
2016
• Procurement Monitoring Report as of December 31, 2016
• Annual Procurement Plan 2016
• Contracts Awarded: Q4 2016 I Q3 2016 I Q2 2016 I Q1 2016
2015
• Procurement Monitoring Report as of December 31, 2015
• Annual Procurement Plan 2015
• Contracts Awarded:
Q4 2015 I Q3 2015 I Q2 2015 I Q1 2015
IV.B. Other Procurement-related References
• Certification of Compliance : PhilGEPS Posting
• Notice of Bidding
• Notice of Public Auction: Disposal of Assets
• Post-Contract Award Disclosure (Malacañang AO 34 series of 2020)
• Request for Information for Suppliers
V. PROJECTS, PROGRAMS AND ACTIVITIES & STATUS OF IMPLEMENTATION
2023
• 2023 Status of Implementation
2022
• 2022 Performance Highlights
• 2022 Status of Implementation
2021
• 2021 Performance Highlights
• 2021 Status of Implementation
2020
• 2020 Performance Highlights
• 2020 Status of Implementation
2019
• 2019 Performance Highlights
• 2019 Status of Implementation
2018
• 2018 Performance Highlights
• 2018 Status of Implementation
• 2018 Major Programs and Projects
2017
• 2017 Major Programs and Projects under E.O No. 43, s.2011
• 2017 Program/Projects' Beneficiaries
• 2017 Status of Implementation
VI. QUALITY MANAGEMENT SYSTEM
• IMS Assessment Certification 2022
• Letter of continued certification from CIP:
2024 | 2021 I 2020
• ISO 9001:2015 Certificates (QMS) :
2023-2026 | 2019-2022
• ISO 14001:2015 Certificate (EMS)
• DTI Letter - Validity of LANDBANK's PQA Recognition for Proficiency in Quality Management 2018
• DTI Certificate of Completion for PQA Recognition for Proficiency in Quality Management
• DTI Letter - PQA Recognition for Proficiency in Quality Management
• Statement of Compliance with the GQMSS
• LANDBANK's Integrated Management System Manual
• APQO 2016 World Class Global Performance Excellence Awards
• Certification of the Head of Agency on the conduct of Internal Quality Audit 2017
• Minutes of the FY 2017 Management Review
• Matrix of LBP Compliance to GQMC requirements
• QMS Certificate of Recognition from GQMC 2016
• System of Ranking Delivery Units and Individuals
• Agency Review and Compliance Procedure of Statements and Financial Disclosures
VII. FREEDOM OF INFORMATION (FOI) COMPLIANCE
• LBP People's FOI Manual (date posted: 31 January 2025)
• FOI Reports (date posted: 31 January 2025)
• One-Page FOI Manual in English
• One-Page FOI Manual in Filipino
VIII. INTERNAL WHISTLEBLOWING AND REPORTING
• Revised Guidelines on Internal Whistleblowing and Reporting (date posted: 03 February 2025)
• GCG Whistleblowing Web Portal
IX. CODE OF CORPORATE GOVERNANCE FOR GOCCs
IX.A. On LANDBANK's Institutional Matters
1. Annual Corporate Governance Report
2. Code of Corporate Governance for GOCCs (GCG MC No. 2012-07)
3. Government Corporate Information Sheet (GCIS):
2024 | 2023 | 2022 | 2021
4. Latest Charter: RA 10374
5. List of Subsidiaries and Affiliates
6. Performance Evaluation System (PES) for the GOCC Sector (GCG MC No. 2023-01)
IX.B. On LANDBANK's Board and Officers
1. Complete listing of the Directors with attached resume and their membership in Board Committees Affiliates:
2025
• Chairperson Ralph G. Recto
• Vice Chairperson / President & CEO Ma. Lynette V. Ortiz
• Secretary Francisco Tiu Laurel, Jr.
• Secretary Conrado M. Estrella III
• Secretary Bienvenido E. Laguesma
• Director Virginia N. Orogo
• Director David D. Erro
• Director Gaudencio S. Hernandez, Jr. (assumed position on February 13, 2025)
• Director Omar Byron T. Mier (assumed position on March 5, 2025)
• Director Nancy D. Irlanda (term ended on February 12, 2025)
2024
• Chairperson Ralph G. Recto (assumed position on January 12, 2024)
• Chairperson Benjamin E. Diokno (term ended on January 11, 2024)
• Vice Chairperson / President & CEO Ma. Lynette V. Ortiz
• Secretary Francisco Tiu Laurel, Jr.
• Secretary Conrado M. Estrella III
• Secretary Bienvenido E. Laguesma
• Director Virginia N. Orogo
• Director David D. Erro
• Director Nancy D. Irlanda
2023
• Chairperson Benjamin E. Diokno
• Vice Chairperson / President & CEO Ma. Lynette V. Ortiz (assumed position on May 24, 2023)
• Secretary Francisco Tiu Laurel, Jr. (assumed position on November 5, 2023)
• Secretary Conrado M. Estrella III
• Secretary Bienvenido E. Laguesma
• Director Virginia N. Orogo (assumed position on February 27, 2023)
• Director David D. Erro (assumed position on February 27, 2023)
• Director Nancy D. Irlanda
• Director Jaime L. Miralles (term ended on February 26, 2023)
• Director Virgilio De Vera Robes (term ended on February 26, 2023)
June 30, 2022 to December 31, 2022
• Chairperson Benjamin E. Diokno
• Vice Chairperson / President & CEO Cecilia C. Borromeo
• Director Bienvenido E. Laguesma
• President Ferdinand R. Marcos, Jr.
• Director Conrado M. Estrella III
• Director Jaime L. Miralles
• Director Virgilio De Vera Robes
• Director Nancy D. Irlanda
2021 to June 30, 2022
• Chairperson Carlos G. Dominguez
• Vice Chairperson / President & CEO Cecilia C. Borromeo
• Dir. William D. Dar
• Dir. John R. Castriciones
• Dir. Bernie Ferrer Cruz (DAR Acting Secretary)
• Dir. Silvestre H. Bello III
• Dir. Jaime L. Miralles
• Dir. Virgilio De Vera Robes
• Dir. Jesus V. Hinlo, Jr.
• Dir. Nancy D. Irlanda
• Additional biographical information of the Directors
2020
• Chairperson Carlos G. Dominguez
• Vice Chairperson / President & CEO Cecilia C. Borromeo
• Dir. William D. Dar
• Dir. John R. Castriciones
• Dir. Silvestre H. Bello III
• Dir. Jaime L. Miralles
• Dir. Virgilio De Vera Robes
• Dir. Jesus V. Hinlo, Jr.
• Dir. Nancy Irlanda Tanjuatco
• Additional biographical information of the Directors
2019
• Chairperson Carlos G. Dominguez
• Vice Chairperson / President & CEO Cecilia C. Borromeo
• Dir. William D. Dar
• Dir. Emanuel F. Piñol
• Dir. John R. Castriciones
• Dir. Silvestre H. Bello III
• Dir. Jaime L. Miralles
• Dir. Virgilio De Vera Robes
• Dir. Jesus V. Hinlo, Jr.
• Dir. Nancy Irlanda Tanjuatco
2018
• Chairperson Carlos G. Dominguez
• Vice Chairperson / President & CEO Alex V. Buenaventura
• Dir. Emanuel F. Piñol
• Dir. John R. Castriciones
• Dir. Silvestre H. Bello III
• Dir. Jaime L. Miralles
• Dir. Virgilio De Vera Robes
• Dir. Jesus V. Hinlo, Jr.
• Dir. Nancy Irlanda Tanjuatco
2017
• Chairperson Carlos G. Dominguez
• Vice Chairperson / President & CEO Alex V. Buenaventura
• Dir. Emanuel F. Piñol
• Dir. John R. Castriciones
• Dir. Silvestre H. Bello III
• Dir. Rafael V. Mariano
• Dir. Rodolfo V. Puno
• Dir. Rosalina L. Bistoyong
• Dir. Virgilio De Vera Robes
• Dir. Jesus V. Hinlo, Jr.
• Dir. Crispino T. Aguelo
• Dir. Victor Gerardo J. Bulatao
• Additional biographical information of the Directors
2. Membership of Directors in Board Level Committees as of:
• 31 December 2024
• 31 December 2023
• Starting June 30, 2022
• 2021 to June 29, 2022
3. Board Meetings and Attendance
2024 | 2023 | 2022 | 2021 | 2020
2019 | 2018 | 2017 | 2016
4. Information on Board Committees and their activities
2024 | 2023 | 2022 | 2021
5. Trainings and seminars attended
2024 | 2023 | 2022 | 2021 | 2020
2019 | 2018 | 2017
6. Attendance record of Directors in Board and Commitee meetings
For January to December 2024
• Chairperson Ralph G. Recto
• Chairperson Benjamin E. Diokno
• President & CEO Ma. Lynette V. Ortiz
• Secretary Francisco P. Tiu Laurel, Jr.
• Secretary Conrado M. Estrella III
• Secretary Bienvenido E. Laguesma
• Director Virginia N. Orogo
• Director David D. Erro
• Director Nancy D. Irlanda
For January to December 2023
• Chairman Benjamin E. Diokno
• President & CEO Lynette V. Ortiz (assumed position on May 24, 2023)
• Sec. Francisco P. Tiu Laurel Jr. (assumed position on November 5, 2023)
• Sec. Conrado M. Estrella III
• Sec. Bienvenido E. Laguesma
• Dir. Nancy D. Irlanda
• Dir. Virginia N. Orogo (assumed position on February 27, 2023)
• Dir. David D. Erro (assumed position on February 27, 2023)
• President Ferdinand R. Marcos Jr. (term ended on November 4, 2023)
• President & CEO Cecilia C. Borromeo (term ended on May 23, 2023)
• Dir. Virgilio De Vera Robes (term ended on February 26, 2023)
• Dir. Jaime L. Miralles (term ended on February 26, 2023)
For January to December 2022
• Chairman Carlos G. Dominguez
• Chairman Benjamin E. Diokno
• President & CEO Cecilia C. Borromeo
• Sec. William D. Dar
• President Ferdinand R. Marcos Jr.
• Sec. Conrado M. Estrella III
• Acting Sec. Bernie Ferrer Cruz
• Sec. Silvestre H. Bello III
• Sec. Bienvenido E. Laguesma
• Dir. Virgilio De Vera Robes
• Dir. Jesus V. Hinlo, Jr.
• Dir. Nancy D. Irlanda
• Dir. Jaime L. Miralles
For January to December 2021
• Chairman Carlos G. Dominguez
• President & CEO Cecilia C. Borromeo
• Dir. William D. Dar
• Dir. John R. Castriciones
• Dir. Bernie Ferrer Cruz (DAR Acting Secretary)
• Dir. Silvestre H. Bello III
• Dir. Virgilio De Vera Robes
• Dir. Jesus V. Hinlo, Jr.
• Dir. Nancy D. Irlanda
• Dir. Jaime L. Miralles
For January to December 2020
• Chairman Carlos G. Dominguez
• President & CEO Cecilia C. Borromeo
• Dir. William D. Dar
• Dir. John R. Castriciones
• Dir. Silvestre H. Bello III
• Dir. Virgilio De Vera Robes
• Dir. Jesus V. Hinlo, Jr.
• Dir. Nancy D. Irlanda
• Dir. Jaime L. Miralles
For January to December 2019
• Chairman Carlos G. Dominguez
• President & CEO Cecilia C. Borromeo
• Alex V. Buenaventura
• Dir. Emanuel F. Piñol
• Dir. William D. Dar
• Dir. John R. Castriciones
• Dir. Silvestre H. Bello III
• Dir. Virgilio De Vera Robes
• Dir. Jesus V. Hinlo, Jr.
• Dir. Nancy D. Irlanda
• Dir. Jaime L. Miralles
IX.C. On LANDBANK's Financial and Operational Matters
1. Quarterly/Annual Reports and Trial Balance - see item II.A
2. Latest Annual Audited Financial and Performance Report within thirty (30) days from receipt of such Report - see item II.B
3. Corporate Operating Budget (COB)
2024 | 2023 | 2022 | 2021 | 2020
2019 | 2018 | 2017 | 2016 | 2015
4. Local and foreign borrowings
2025
June 30 | March 31
2024
December 31 | September 30 | March 31 | June 30
2023
December 31 | September 30 | June 30 | March 31
2022
December 31 | September 30 | June 30 | March 31
2021
December 31 | September 30 | June 30 | March 31
2020 and below
2020 | 2019 | 2018 | 2017 | 2016
5. Government Subsidies and Net Lending
a) LBP Budget and Financial Accountability Report as of:
2025
June 30 | March 31
2024
December 31 | September 30 | June 30 I March 31
2023
December 31 | September 30 | June 30 | March 31
2022
December 31 | September 30 | June 30 | March 31
2021
December 31
b) FAR NO. 1, 1a, 2 & 2a, 4 and BAR NO. 1 as of:
2021
September 30 | June 30 | March 31
2020
December 31 | September 30 | June 30 | March 31
2019
December 31 | September 30 | June 30 | March 31
2018
December 31
c) All borrowings guaranteed by the government
2025
June 30 | March 31
2024
December 31 | September 30 | June 30 | March 31
2023
December 31 | September 30 | June 30 | March 31
2022
December 31 | September 30 I June 30 I March 31
2021
December 31 | September 30 I June 30 I March 31
2020 and below
2020 I 2019 I 2018 I 2017 I 2016
5. Risk Factors and Risk Management
6. Performance Evaluation System
LANDBANK PES:
2024 | 2023 | 2022 | 2021
2020 | 2019 I 2018
PAN Agreements:
2017 | 2016 | 2015 | 2014
7. Utilization of funds for UCT/TRCT Program
2025
Q2 2025 | Q1 2025
2024
Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024
2023
Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023
2022
Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022
2021
Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021
2020
Q4 2020 | Q3 2020 | Q2 2020 | Q1 2020
2019
Q4 2019 | Q3 2019 | Q2 2019 | Q1 2019
2018
Q4 2018 | Q3 2018 | Q2 2018 | Q1 2018
X. ARTA COMPLIANCE
• About Anti-Red Tape Authority (ARTA)
• CART Directory (as of 03 March 2025)
• Citizen's Charter
• CSM Report: 2024 Part 1 | 2024 Part 2 | 2023
• EODB - Certificate of Compliance
