Two former bank branch managers have described as "unusual" the total P612.5-million cash withdrawals and encashments made for the Office of the Vice President (OVP) and the Department of Education (DepEd) during their on the witness stand in Vice President Sara Duterte 's Senate impeachment...
Former LandBank branch manager Violeta Constantino testified before the Senate impeachment court on Wednesday, July 29, that the Office of the Vice President 's (OVP) large cash withdrawals were "unusual" compared with transactions of other government agencies. During questioning by Sen....
Visa and Land Bank of the Philippines (Landbank) are targeting a nearly twentyfold expansion of their digital expense management platform by the end of the year, aiming to bring 2,000 government agencies onto a system designed to automate public spending and curb improper outlays. During the...
Businesses and taxpayers in Makati City will soon enjoy a faster and more convenient way to pay taxes, permits, licenses, and other local government fees with the rollout of the Link.BizPortal, LANDBANK’s digital payment platform designed to simplify transactions, improve compliance, and support...
The Philippines is turning to artificial intelligence (AI) to help small businesses secure loans and digitize operations, bridging a critical financing gap for the enterprises that form the backbone of the country’s economy. The Department of Information and Communications Technology (DICT) and...
More sugarcane farmers in Western Visayas are set to gain easier access to affordable credit and support services, as LANDBANK partners with Capiz Sugar Central, Inc. (CSCI) under the Bank’s Agrisenso Plus Lending Program. LANDBANK President and CEO Lynette V. Ortiz and CSCI President Terence S....
Renewable energy (RE) firm Citicore Renewable Energy Corp. (CREC) is set to expand its solar presence in Pampanga and Nueva Ecija provinces after securing a loan from state-run Land Bank of the Philippines (Landbank). In a statement on Wednesday, July 15, CREC said it plans to add 82 megawatts-peak...
State-run Land Bank of the Philippines’ (Landbank) return to the capital markets in the second half of 2026 may have to be pushed back to early 2027, its top executive revealed. Landbank President and Chief Executive Officer (CEO) Lynette Ortiz told reporters on the sidelines of the launch of...
Dividends collected under President Ferdinand R. Marcos Jr.’s administration have already exceeded half a trillion pesos since mid-2022, 31.2 percent higher than those under the Duterte administration and dwarfing the collections of the two earlier administrations. A government document from...
State-run Land Bank of the Philippines (Landbank) has waived fund transfer fees for digital transactions made through its online channels, joining a growing number of major banks and e-wallet providers that have eliminated or lowered transfer charges. Starting Tuesday, July 7, Landbank will make...
Malacañang has expressed hope that more banks would follow the lead of the state-run Land Bank of the Philippines (LandBank) in reducing or eliminating digital fund transfer fees to ease the burden on ordinary Filipinos. In a press briefing on Monday, July 6, Presidential Communications Office...
The Bangko Sentral ng Pilipinas (BSP) is delaying the selection of four new digital banking players as it seeks to reconcile conflicting regulatory tracks for different types of applicants. While the market anticipated the entry of the new digital lenders as early as the first quarter, BSP Governor...
