State-run Land Bank of the Philippines (Landbank) has cut its InstaPay transfer fee for person-to-person (P2P) transactions to ₱8 from ₱15 as it moves to lower the cost of everyday digital banking and expand access to cashless financial services. Taking effect on Thursday, May 21, the new fee...
State-run Maharlika Investment Corp. (MIC), which manages the country’s first sovereign wealth fund (SWF), grew its total comprehensive income by 2.3 percent to ₱2.74 billion last year from ₱2.68 billion in 2024 as business income rose despite higher expenses. Based on MIC’s latest...
State-run Land Bank of the Philippines (Landbank) said the reason debt watcher Fitch Ratings opted to retain the government financial institution’s (GFI) ‘BBB’ investment rating was its sound fundamentals and solid governance. “Our investment-grade rating was affirmed because our...
State-lender Land Bank of the Philippines (LBP) is expanding its response to the energy crisis through a coordinated package of fuel subsidies, commuter rebates, and low-interest loans, aiming to shield the transport and agriculture sectors from volatile global prices. Landbank said in a statement...
Dividend remittances of government-owned and/or -controlled corporations (GOCCs) fell 17.2 percent to ₱114.6 billion in 2025, driven by a sharp contraction in the Bangko Sentral ng Pilipinas’ (BSP) remittance after leading in two consecutive years. The latest data from the Bureau of the...
The Commission on Higher Education (CHED) on Tuesday, March 17, announced that it has partnered with the Land Bank of the Philippines (LANDBANK) to accelerate the release of scholarships and financial assistance, addressing long-standing delays that have burdened thousands of Filipino students. In...
The Department of Labor and Employment (DOLE) has introduced a digital payment system that streamlines fee transactions and ensures faster, safer payments for clients in the Philippines and abroad. DOLE said the system provides instant payment confirmation, speeds up processing, and guarantees...
Tourism-related payments and government procurement are set to move faster and become more accessible as the Department of Tourism (DOT) rolls out a nationwide digital system powered by Landbank of the Philippines. Under a memorandum of agreement signed on Jan. 13, the DOT will adopt Landbank’s...
Land Bank of the Philippines is seeking to raise at least ₱5 billion through a new offering of sustainability bonds, marking its latest push to funnel private capital into environmental and social development projects. The state-run lender is marketing the debt as Agriculture, Sustainability,...
The Land Bank of the Philippines (LANDBANK) secured seven major global distinctions in 2025, recognizing its strong performance in inclusive finance, institutional and investment banking, and the leadership of its President and CEO. The state-run bank 's stature was affirmed by its inclusion...
A teachers’ group on Thursday, November 13, raised the alarm over a “surge” in suspicious emails targeting public school teachers’ official Department of Education (DepEd) accounts, warning educators to stay vigilant against phishing scams as the year-end bonus season approaches. The...
In no uncertain terms, the state-controlled Land Bank of the Philippines debunked any irregularities regarding the release of millions of pesos meant to fund flood control projects, which were instead allegedly pocketed by private and public, elected and appointed, individuals. As a significant...