WHAT’S INSIDE 09 HARVEST MAGAZINE 03-04 THE SIKAT SAKA PROGRAM FARMERS FORUMS TO A BRIGHTER FUTURE HELPING EMPOWER EDITORIAL SMALL FARMERS THROUGH STAFF FOR FARMING INCLUSIVE LENDING Harvest Magazine is a quarterly publication PROGRAMS AND produced by LANDBANK’s Corporate Affairs TECHNICAL ASSISTANCE Department, with address at the 32nd Floor, LANDBANK Plaza, 1598 M.H. Del Pilar cor. Dr. Quintos Sts., Malate, Manila 1004.

Harvest Editors reserve the right to edit and finalize all stories prior to publication. For comments or suggestions/contributions, please contact us at 5512200 loc. 2288 10PHILIPPINE PRESIDENT or e-mail [email protected] or [email protected]. FEATURE STORY LEADS DISTRIBUTION Editor-in-Chief OF LAND TITLE CATHERINE ROWENA B. VILLANUEVA CERTIFICATES TO ARBs Associate Editor MELISSA B. CALIMAG IN MINDANAO WITH LANDBANK AND DAR Managing Editor ELEANOR V. SATUITO 05- 08 Writers ARNOLD O. ALDABA SUGAR HIGH JENALYN R. ORDINARIO JESSICA M. EVANGELISTA PARTNERSHIPSAT WORK MARIE PHANUEL B. MANANSALA RIZZALYN C. ROSALES LANDBANK DIGITAL Photographers TRANSFORMATION EDSEL C. SABIO FRANCISCO C. FLORESCA JR. GAINS MORE JOSELITO G. RAMOS MA. ANGELINE S. DELA CRUZ INTEROPERABILITY MA. LUISA P. MAGSAKAY 11 WITH PESONet Layout Artist CHRIS DANIEL L. FRANCISCO PayGate Contributors LANDBANK CORPORATE COMMUNICATORS LANDBANK LINK.BIZPORTAL HELPS LTO REACH 12 P1B ONLINE PAYMENT MARK

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LANDBANK BRINGS TOTAL 13 BRANCHES TO 403 ABOUT THE LANDBANK IS “OUTSTANDING CSF LENDING BANK” COVER AT BSP STAKEHOLDERS EVENT The Government’s thrust to improve the state of agriculture, particularly in the countryside, has given the Pasig Agrarian Reform 14 LANDBANK BAGS 7TH Beneficiaries and Upland Farmers (PARBUF) MPC a seemingly simple yet sweet KARLSRUHE OUTSTANDING disposition to show fellow farmers and agri SUSTAINABLE FINANCE groups that there is a good future to be had in sugarcane farming, with the right amount of PROJECT AWARD hard work and reliable support.

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Harvest Magazine is also available online at www.landbank.com the small farmers, this issue features the first sugar block farm he need to address and eliminate threats to the beneficiary of the Socialized Credit Program under the Sugar country’s agriculture health is important now more than Industry Development Act, or SCP-SIDA – the Pasig Agrarian ever, as millions of Filipinos remain in poverty. Majority Reform Beneficiaries and Upland Farmers MPC (PARBUF). It is of these Filipinos can also be found making a living in the designed to help improve the earning capacity of farmers and Tcountryside. This, despite the vast land area for farming land workers while ensuring healthy competition in the sugarcane and major agri production present in the country. For instance, industry. the Philippines is among the top 10 producers of rice and sugar in the world. This lending program is just one of the many efforts that LANDBANK continues to foster toward helping its mandated This is in large part to the challenges prevalent in the agri and priority sectors overcome their respective struggles in industry, particularly in the grassroots level – financial achieving self-sufficiency and quality living. Another existing incapacity, insufficient infrastructure, unfair market competition, lending platform, the Sikat Saka Program, which is in and lack of modern technology, among others. partnership with the Department of Agriculture, continues to make waves in transforming the way small farmers are taking LANDBANK’s role in countryside development has always charge of their own ability to succeed, and be empowered been a crucial component to bridging the gap created by such movers in sustainable agriculture in the country. Four socio-economic deficiencies. As more lending programs are beneficiaries share their thoughts on how the said program has being created and enhanced to be more in tune to the needs of made life easier for farmers.

GROWTH RATE OF THE AGRICULTURE SECTOR LOANS TO AGRICULTURE SECTOR AS OF JUNE 2019 Average growth of 1.1% 4 P42.31 B 2.6 2.8 LOANS TO SMALL FARMERS & FISHERS 1.7 1.1 -0.2 0.9 889,669 0.1 FARMER BENEFICIARIES -0.7 -1.2 channeled through 1,082 farmers and fishers cooperatives, 151 irrigator’s associations and 142 rural banks P177.32 B 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 LOANS TO OTHER AGRI BORROWERS Loans to private businesses engaged in agri-business, LGUs GROWTH OF LANDBANK LOANS TO THE and GOCCs with projects benefitting the agriculture sector AGRICULTURE SECTOR 222.1 Average growth of P524.86 B 183.4 LOANS IN SUPPORT OF NAT’L GOV’T 10.9% 151.8 PRIORITY PROGRAMS 137.6 125.2 Loans for the construction of hospitals and schools; 111.7 107.9 electrification, water system, housing and livelihood 99.9 102.8 projects which benefit farmers and fishers 93.3

Target by end-2019 B 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 P219.63GROSS LOANS TO AGRI SECTOR 231.30 Continued on pages 05-08 27.45%SHARE TO TOTAL LOANS

93.30 107.88 125.24 99.91 102.78 111.66 137.59 151.82 183.37 222.06 219.63

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 Jun-19

LANDBANK remains consistent in its support to the agriculture sector as seen through the growth in loans it has provided through the years. Despite the stagnant growth rate of agriculture from 2009 to 2018 averaging at 1.1%, LANDBANK loans to the sector steadily grew at an average of 10.9%. THE SIKAT SAKA PROGRAM TO A BRIGHTER FUTURE FOR FARMING he Sikat Saka Program, a direct lending program jointly implemented by LANDBANK with the Department of T Agriculture, has been a crucial lifeline for many small farmers across the nation’s countryside for the past seven years. Since launching in 2012, LANDBANK has released P9.18 billion in loans to small farmers in 45 major rice-producing provinces and 11 corn-producing provinces in the country.

Providing direct credit to small palay the vast agri plains of Kiblawan in make ends meet. and corn farmers, the Program also Davao del Sur, the Sikat Saka Program offers integrated support such as has become a timely boon to palay With the help of Sikat Saka, many irrigation, training, market, extension, and farmers who continue to face the farmers in this quiet town have become administrative services. The beneficiaries, challenges brought about by nature and better equipped to navigate such realities. who must be members of Irrigators economics. From droughts to floods, Four men, all part of a local farmers Associations or endorsed by Farmers rats and black bugs waiting at just the association, became part of the Sikat Organizations, are likewise trained on right moment to wreak havoc on a good credit discipline and financial harvest season, these situations are Saka Program in December 2017. management – helping them learn how compounded by limited funds to prepare Thankful for the low diminishing interest to save, pay loans on time, and better farmlands for the next planting cycle, as rates and timely access to credit, they are manage their finances. well as difficulty in recovering from poor also grateful to LANDBANK for helping market conditions, or paying the high them still be the farmers they were born In Molopolo, a barangay nestled among interest on loans they took out just to to be and willingly choose to become.

EDGARDO GANTE, 68

Gagampanan naman namin ang aming tungkulin na magbayad sa tamang oras, tamang panahon sa lahat ng aming obligasyon – para “tuluy-tuloy yun magandang partnership ng mga magsasaka at ng LANDBANK.”

indi lang basta magsasaka, a very Before Sikat Saka, “Halos lahat ng mga “Sa totoo lang, walang farmer na hindi happy magsasaka – when asked farmers dito, pag may kailangan silang talaga kailangan na mangutang. Pero kahit whatH he now does for a living. financing sa kanilang farm ay pumupunta na nangungutang kami sa LANDBANK, sa mga loan shark. Masyadong mataas may kabutihan naman kaming nakukuha.” A former businessman, Edgardo traded the daily headaches caused by sleepless ang kanilang kinukuha, kinakaltas sa kanilang kita.” For instance, a P2,000 Edgardo is truly thankful for having nights thinking about constant profit LANDBANK’s support, especially in his margins with the more serene days in loan would mean a sack of rice every town. He hopes to see the Bank bring the rice fields. harvest; even three to four sacks for and do more for the farmers, so that he a P5,000 loan. “Imbes na ang farmer With children all grown and earning and his fellow growers can continue to gumiginhawa ang buhay, mas lalo silang their own income, he and his wife have do their share, that of being responsible chosen to stay and find happiness in humihirap. Di mawala-wala ang utang sa farmers. palay farming. loan shark.” 03 HARVEST Magazine September 2019 rior to being a rice farmer, Rolando worked as a guard for his daily living. HeP made the leap when his father, a banana farmer, finally retired due to old age. ROLANDO He is now able to rent his own harvester MANSUETO, 46 instead of relying on someone else who, for harvester fee, would get 13 sacks for every 100 his harvest would yield. Nun dati wala pang Sikat Saka, doon ako sa five-six The Program has also afforded Rolando to enjoy something he fully owns – the (loan shark) kumukuha ng motorcycle he cheerfully uses on and off pansaka ko. Ngayon, wala the field. na kong problema kung saan ko kukunin yun Maraming salamat talaga sa LANDBANK, “ kasi sila talaga yun nagdala ng pang-abono ko sa pag- programang Sikat Saka para sa mga sasaka, yun pang-medisina magsasaka. Pini-pursue nila talaga yun sa lupa kasi nandito na yun totoong tulong. Pag may problemang Sika Saka.” konti kami sa pagbabayad, nakakausap namin sila para magka-solusyon. Ang dali nilang kausap.

orn into farming, palay has been his family’s bread and butter ever JUDIE Bsince he could remember. The fifth child in a brood of 10, Judie recounts the days PABROA, 42 before getting on board the Sikat Saka Program.

Masaya kami na nag-aassist He would normally turn to a private ang LANDBANK sa mga organization for his financial needs in farmers. Maganda ang order to prepare the land for the planting season. This entailed a bigger cut into his samahan namin sa potential earnings due to the higher LANDBANK - walang interest rate. These days, he says that problema, madaling kausap as long as Sikat Saka is offered, he will “ continue to be part of it as it truly is a at sa akin, madali silang tawagan. Tawagan mo, hindi great comfort to his life as a farmer. lang ang pera, kasi maayos silang makitungo sa amin.”

ust like his fellow farmers, Teodoro is well aware of the pitfalls that come withJ getting loans from informal lending TEODORO systems. Before the Sikat Saka came into the picture, he was quite familiar with BURLAZA, 57 having to see the fruits of hard-earned days in the field go more into the pockets of loan sharks. This is why he Mas maganda yun sa finds LANDBANK’s presence in farmers’ lives to be a great relief. meron nang LANDBANK at itong Sikat Saka kasi pag “Pag kasi dun tayo sa iba, parang sa mabigyan ka ng pautang, interest lang napupunta ang income hindi na masyadong malaki natin, ang kita ay parang tamang tama yun interest. Hindi na tayo lang. Kaya mahirap magbayad ang mga “ nahihirapan sa pagbayad magsasaka.” pag meron na tayong income.”

September 2019 HARVEST Magazine 04 SUGARHIGH

ife as an Agrarian Reform Beneficiary (ARB) has never been easy, especially for someone with no personal land to till. And even if he or she did own one, the constant struggle to have the money for the necessary inputs and expenses becomes the majorL source of disenfranchisement for many in this sector of society. This situation is one that many of the members of the Pasig Agrarian Reform Beneficiaries and Upland Farmers (PARBUF) MPC have experienced in the past, including its current chairperson, Josephine Barsalote.

Already widowed, Josephine is PARBUF. requirements. All this through the still at the prime of her life. At 55, assistance of various agencies such as alongside the joy of being a lola to As the years saw the cooperative DAR, the Department of Agriculture, her three grandchildren from her only bring in more members, so did the the Department of Environment and child, her waking hours are spent challenges in the agri industry. Many Natural Resources, and the local on property that currently houses of them ended up relying on loan government. Today, the cooperative the main office of PARBUF MPC, sharks to keep up their farm activities, has 158 members, more than half of whom are ARBs. the sugarcane fields, and other but barely enough for their own vegetation she and the co-op needs. Things took a turn for PARBUF It was in 2012 that PARBUF became members are proud to nurture. when, in 2008, Josephine became the a client of LANDBANK. Constantly co-op’s leader and began addressing in need of ready credit to meet the She started at less than half a hectare the organization’s operational and financing demands of its members, back in 1999, a land granted by the management shortcomings. LANDBANK’s presence proved to Department of Agrarian Reform be the much needed solution to the (DAR) under the Comprehensive PARBUF became more credible, never-ending cycle of paying high Agrarian Reform Program. This was fixing lapses in the organization’s interests to informal lenders, and the same time that she decided to join official documents and legal limited opportunities for quality living.

05 HARVEST Magazine September 2019 FEATURE STORY

Front and center is Josephine Barsalote, current chairperson of the Pasig Agrarian Reform Beneficiaries and Upland Farmers (PARBUF) MPC, together with some of the empowered women working with her to create a sustainable space for ARBs and other small farmers in Kiblawan, Davao del Sur. September 2019 HARVEST Magazine 06 07 FEATURE STORY HARVEST Magazine “ Under SCP-SIDA,anaggregatefarmareaof30hectaresisrequiredanyfarmerorganizationtoqualify. 36.80 hectaresoffarmablelandqualifiedforlow-interestfinancingatonlytwo percentinterestperannum. With theavailed sugarcane production loan amounting to P3.36 million, 32 co-opmembers who collectively have atotal of block farmtobenefitfromtheSocializedCreditProgramunderSugarcaneIndustryDevelopment Act (SCP-SIDA)in2018. The co-opwas abletosecurealoanundertheAgrarianProductionCreditProgrambeforeitbecamefirsteligiblesugar visit to the co-op’s main office and sugarcane sugarcane and office recent a main on farm. co-op’s the LANDBANK happily to with visit (right) date to up Barsalote keeping Chairperson PARBUF her farmlandthatnowcovers 15hectares. Coupled with hard work, she was able to expand was sellingforP500. harvest time in 2001. Back then, a sack of sugar yield threetruckloadsequivalent to40tonsby The 0.46 hectare of land she had was able to free byasking plantation owners. And shedid. could actuallygetthesugarcanestalksfor Good thingafellowfarmertoldherthatshe similya at wala rin pang abono.” abono.” pang rin ng wala at pambili similya tubo kaming ng wala kasi magtanim namin Ayaw September 2019

weather, just like when LANDBANK made the the made rainy LANDBANK and when visit. like cloudy just in Carpe even weather, where days, is most this Davao 60, spends At LANDBANK Center. of welcome Wong to Lending Harvey weeds, fields tall the the Christian spraying of remove takes day help to busy PARBUF, his of from break a ARB-member Carpe, Pablo by itsmembersandthecommunityatlarge. visits fromLANDBANKaregreatlyappreciated and datanetwork connection.Thisiswhyfield Digos to do banking and have decent mobile jeepney ridejusttogetthenearestcityof Kiblawan, onehastositthroughatwo-hour Davao City. LocatedinBarangayPasig PARBUF isroughlyathree-hourdrive from

According to PARBUF, a half hectare of land can bring in a harvest of 49 tons of tubo (sugarcane), which can fill four trucks. Each truck can transport about 12 tons.

For every 12 tons of sugarcane, about 14 sacks of sugar at 50 kilos each can be produced. On average, one sack sells between P1,300- P1,500.

The sugar quality the farm produces can earn an income of up to P26,000 per truck load.

Meters away from the hilly portion of the farm is where we caught up with another ARB member, Ananias Carpe. Just like his younger brother Pablo, it is in sugarcane farming that he is able to gain income.

As the country ranked 9th in the list of top sugar producers around the world, we take a quick look at its performance in the global trade:

ACTIVITIES EXPORTS IMPORTS (highest positive net)

RANKING th 32nd (Global) 4 TOTAL VALUE/ WOTH $56.387M $196.9M (in US dollar) % OF WORLD TOTAL 0.3% 0.8% For 2018, the country of Brazil landed top spot for global exports at US$6.5B (29.1% of world total), while Indonesia ranked first for global imports at US$1.8B (7.7% of world total).

Source info: Daniel Workman. Sugar Imports by Country/ Sugar Exports by Country. www.worldofexports.com. April 12, 2019/August 02, 2019. September 12, 2019. http:// www.worldstopexports.com/sugar-imports-by-country/ and http://www.worldstopexports.com/sugar-imports-by- country/

When asked what made Josephine choose LANDBANK, she echoed a sentiment common among the members of PARBUF.

Patuloy ang aming pagtangkilik, ang pagbibigay tiwala sa serbisyo ng LANDBANK dahil sila ay maasahan ng mga tao, kahit anong grupo na mayroong problema. Maliit lamang ang ipinapataw na interest sa inuutang at mababait ang mga tao na nagtatrabaho sa LANDBANK. Very approachable at pina-priority nila ang mga magsasaka.” “ September 2019 HARVEST Magazine 08 FARMERS FORUMS HELPING EMPOWER SMALL FARMERS THROUGH INCLUSIVE LENDING PROGRAMS AND TECHNICAL ASSISTANCE KIDAPAWAN CITY he end of July 2019 saw the Farmers and MSMEs Caravan organized by Tthe Provincial Government of Cotabato in partnership with the Department of Agriculture (DA), Department of Agrarian Reform (DAR), National Irrigation Administration (NIA), Agricultural Training Institute (ATI), National Food Authority (NFA), Philippine Crop Insurance Corporation (PCIC) and LANDBANK.

The event was attended by Cotabato Governor Nancy Catamco, whose initiatives involve promoting livelihood opportunities for small farmers, especially indigenous people. Approximately 1,600 participated in the event.

Held at the Cotabato Provincial Gymnasium in Amas, Kidapawan City, the joint endeavor allowed LANDBANK to bring more public awareness to three

lending programs aimed at providing financial assistance specific to the needs of the agri industry. These are the Agricultural Competitiveness Enhancement Fund (ACEF), the Sikat Saka Program, and the Accessible Funds for Delivery to ARBs (AFFORD-ARBs) Program.

(Photo shows) Agri farmers and micro SMEs attending the Caravan held at the Cotabato Provincial Gymnasium in Amas, Kidapawan City last July 31, 2019. The event also allowed attendees to gain more information about the various lending programs of LANDBANK geared toward improving the financial and production capacity of agri farmers.

PILAR CITY, BOHOL nother Farmers Forum saw LANDBANK push for the modernizationA of countryside agriculture with the turnover of farm machineries amounting to P54.86 million to farmer- beneficiaries.

Held last August 07, 2019 at the NIA Farmers’ Hall in Pilar, a total of 142 farmers, Agrarian Reform Beneficiaries (ARBs), and members of Irrigators’ 09 HARVEST Magazine September 2019 Associations (IA) and cooperatives attended the event where 41 4WD Tractors, 7 Kubota Rice Combine Harvesters and 10 Kubota Rice Transplanters were formally awarded to the beneficiaries under the Bank’s Agricultural Competitiveness Enhancement Fund (ACEF) Lending Program and the Agri-Mechanization Financing Program.

As with the previous staging, event participants also learned about the Bank’s three lending programs: ACEF, Sikat Saka, and AFFORD-ARBs. LANDBANK Heads of Branches were on hand for the official turnover ceremony (l-r): Ma. Gracia Galano Event highlights included testimonies (Tubigon), Liezl Manilhig (Jagna), from LANDBANK client-associations Engr. William B. Butron (NIA Bohol IIS), including Head for Bohol led by MADFIA President Kim Doroy, Lending Center Cecilio Clarete; and BAY-CAPAFIA President Apolinario Cambasan IA President Floro Manigo. Both emphasized the Balingkit, Executive Asst. Renerio Makinano (representing Bohol advantages of agri-mechanization in their Governor Art Yap), DA PATCO OIC respective farms, thanking LANDBANK Center Chief Roman Dabalos, Pilar and the DA for the financing programs. Municipal Agriculture Officer Carmen Cubrado, OIC-CARPO Engr. Leonard They also encouraged other cooperatives Cagampang, Engr. Casimiro Bulilan, and associations to take advantage of the Jr. of the Provincial Agriculturist lending opportunities. Office, and Agrimach CG Corp. The farm machineries distributed in Pilar, Bohol. President Rommel Cajulao.

he Land Bank of the Philippines joined Philippine President Rodrigo Roa Duterte and PHILIPPINE the Department of Agrarian Reform (DAR) in the distribution of Certificates of Land PRESIDENT OwnershipT Awards (CLOAs) to Agrarian Reform Beneficiaries (ARBs) last August 2, 2019 in LEADS DISTRIBUTION Davao City. ARBs to receive CLOA OF LAND TITLE CLOA 60,233 Distribution 2019 hectares of land CERTIFICATES TO 102,727 covered in August 02 ARBs IN MINDANAO Davao City 5 regions (IX-XIII) WITH LANDBANK CLOAs turned over 58,387 by LANDBANK to DAR AND DAR As of end-May 2019 208,895 CLOAs fully turned over to DAR

The event in Davao was the second in a series of regional CLOA distributions attended by President Duterte. The first was conducted last June 13, 2019 in General Santos City where 6,679 hectares of land were covered and distributed to 3,604 ARBs from Sultan Kudarat, North Cotabato, South Cotabato, and Sarangani Province.

During the event, LANDBANK presented a new loan program for ARBs – the Accessible Funds For Delivery to Agrarian Reform Beneficiaries (AFFORD- ARBs) Program, which allows ARBs to avail of loans to finance the production of rice, corn, and high-value crops, as well as the acquisition of small Philippine President Rodrigo Roa Duterte (2nd from right) led the distribution of Certificates of Land Ownership Awards (CLOAs) to Agrarian Reform Beneficiaries from five regions in Mindanao. farm implements. LANDBANK allocated He was joined by Department of Agrarian Reform Secretary John Castriciones (2nd from left) and P5 billion for the program to increase LANDBANK President and CEO Cecilia Borromeo. agricultural productivity of ARBs. September 2019 HARVEST Magazine 10 11 PARTNERSHIPS AT WORK of InternalRevenue (BIR)willfurther service fortaxcollectionoftheBureau INTEROPERABILITY WITH TRANSFORMATION GAINS MORE LANDBANK DIGITAL of Finance (DOF) Undersecretary Commissioner Caesar Dulay, Department in Manila,theevent was gracedbyBIR Bulwagang Bangko Sentral ngPilipinas Held lastAugust 15,2019atthe e-payment system inthecountry. efficient, reliable, safe and inclusive of providing Filipinoswithahighly industries, andtheNationalGovernment vision amongthebankingandpayment direction toward achievingtheshared PESONet marksastepintheright The successofthepilotphasewith payments. its onlinecustomerbasebeyond tax institutions, itwillalsohelpexpand partnership withotherfinancial development strengthen thelatter’s Link.BizPortal, not only willthis With RCBC now on board the LANDBANK Corporation (RCBC). through theRizalCommercialBanking safe meansofsettlingtaxpayments access toaconvenient, efficient,and particularly intheprivate sector,tohave (ACH) thatwould allowmoretaxpayers, service or automated clearing house interoperable digitalbillspayment gateway (PayGate) platform.Itisan (PCHC) createdthePESONetpayment Philippine ClearingHouseCorporation Bangko SentralngPilipinas(BSP),the System (NRPS) framework ofthe Adhering to the National Retail Payment among Filipinosacrossthenation. as well asexpand financialinclusion of businessingovernment transactions, LANDBANK’s commitmenttobringease T PESONet PayGate HARVEST Magazine enabled digitalbillspayment he recentlaunchofthePESONet- September 2019

private institutions(asofJune2019).She to 335government agenciesand306 bank andGlobeG-Cashaccountholders, including otherBancNet-partnerissuing payment channelcurrentlylinksclients, 320 asofJune2019.TheBank’sonline LANDBANK Link.BizPortalreached753, that client-taxpayers who utilized the Borromeo sharedwithattendees LANDBANK PresidentandCEO Link.BizPortal technicalgroup. Bank officers,includingmembersofthe Group RandolphMontesa,andother Martin; FirstVPforCardandeBanking VP forNorthNCRBranchesGroupLeila Bornas forOperationsSector;Senior Branch BankingSector,andAlan Vice PresidentsLiduvinoGeronfor Borromeo. She was joined by Executive was President and CEOCecilia Leading the attendees from LANDBANK RCBC EugeneAcevedo. Fonacier, andPresidentCEOfor Diallo, BSPDeputyGovernor Chuci Development andGovernance Jenna for USAID-OfficeofEconomic Antonnete Tionko, DeputyDirector more thanP230 millionfortheNational savings intransaction feesamountingto This, in turn, would translate to annual of those processed yearly by the BIR. annually, representingmorethan80% 15 milliontaxpaymenttransactions system hasthecapacitytoprocessover Diallo, thenewdigitaltax payment According toUSAIDDeputyDirector Bank’s paymentportal. Center Outletswillbeavailable onthe 7/11 Convenience Stores,andBayad authorized cashagents such as EC Pay, debit cards,aswell ascashpaymentsvia local andinternationally-issuedcreditor added thatotherpaymentoptionsusing President andCEO Eugene Acevedo. Governor ChuchiFonacier, andRCBC Deputy Director Jenna Diallo, BSP Deputy Economic Development andGovernance Antonette Tionko, USAID-Office of Caesar Dulay, DOF Undersecretary Gateway (l-r): BIRCommissioner tax collection PESONet Payment of the digital payment service for players for the official launch from right) joinother key Cecilia Borromeo (2nd President andCEO LANDBANK

country’s economicdevelopment. He in taxadministration,helpingfuelthe agency’s digitaltransformationefforts for taxpaymentswillfurtherthe optimism that this latest online service Commissioner Dulayexpressed In his welcome remarks, BIR Government. value. monthly transaction its firstP100billion 2019, italreadyreached 2017 —thatasofend-July since itstartedinNovember tract ofPESONet’sperformance III. Hesharedtheencouraging Officer-in-Charge Vicente deVilla Financial Technology Subsector transformation milestonewas BSP Closing theevent forthisdigital more Filipinosthroughdigitalization. contribute tothefinancialinclusionof expressed gratitudeinbeingableto RCBC PresidentandCEOAcevedo digital paymentsserviceinthecountry, As forbeingapartofthismilestonein as partoftheirnorm. appreciate and adopt digital payments more peopleandbusinessestofully by allkeyorganizationsinorderfor challenges thatneedtobeaddressed Chuchi Fonacierdiscussedvarious Meanwhile BSPDeputyGovernor public’s taxpaymentneeds. Finance togodigitalinservicingthe with directives from theDepartmentof country. Thismove isincompliance interoperable billerinstitutioninthe added thethatagencyisfirst

LANDBANK LINK.BIZPORTAL HELPS LTO REACH P1B ONLINE PAYMENT MARK he enhancements and digital innovations that LANDBANK continues Tto integrate in its banking products and services has become instrumental in the National Government’s thrust to promote digital transformation in the country, especially with the convenient online payment experience the Link.BizPortal has generated for government agencies.

With the Land Transportation Office (LTO) reaching its P1B-target for the online payment collection for the initial registration of motor vehicles, LTO recently held ceremonies on August 15, 2019 at Seda Vertis North in Quezon City to acknowledge supporters and partners who have contributed to the success of the program. LANDBANK President and CEO Cecilia Borromeo (3rd from left) attended the event with Executive LANDBANK President and CEO Vice President for Branch Banking Sector Liduvino Geron and First VP for Card and eBanking Group Cecilia Borromeo and Executive Randolph Montesa (4th and 5th from left, respectively) to receive the plaque of appreciation from the LTO. VP for Branch Banking Sector Also in attendance were (l-r): LTO Assistant Secretary Edgar Galvante; Commissioner for the Presidential Anti-Corruption Commission Greco Belgica; Anti-Red Tape Authority Director General, Atty. Jeremiah (BBS) Liduvino Geron, Belgica; Department of Transportation (DOTr) Assistant Secretary for Procurement Atty. Giovanni Lopez; along with First VP for and DOTr Undersecretary (OIC) for Road Transport Infrastructure Mark Richmond de Leon. Card and eBanking Group (CEBG) accepted a plaque of appreciation from LTO A tripartite memorandum of agreement Randolph Assistant Secretary Edgar Galvante for the was signed between LANDBANK, LTO, Montesa Bank’s role as the Agency’s authorized and the Bureau of the Treasury (BTr) depository bank, and for its LANDBANK for the online payment system project Link.BizPortal that provides an alternative through the LANDBANK Link.BizPortal last channel for clients to pay for products and December 1, 2017. Another MOA was services via the internet. signed by former LANDBANK President Alex Buenaventura, LTO Asec. Galvante, and Treasurer Rosalia de Leon on August 17, 2018 for the nationwide system This technology-driven implementation. innovation in the payment collection system for new As of end-June 2019, eight months after the project was implemented via the motor vehicle registration LANDBANK Link.BizPortal, more than significantly reduced 33,000 transactions have been recorded human intervention in in the LTO-NCR. Based on the certification “ LANDBANK issued to LTO, the total of the cash management these transactions amounted to P1.117 system. This billion. translates to Already in the pipeline is the decreased implementation of the project to 10 regions opportunities for and the plan for other online transactions corrupt practices such as driver’s license renewal, payment in payment, and of registration fees, and payment of fines for law enforcement violations. more efficient payment collection,” the With the success of the LTO Chief pilot implementation, we are explained. working closely with LTO to roll this nationwide,” “President Borromeo said. September 2019 HARVEST Magazine 12 LANDBANK BRINGS TOTAL BRANCHES TO 403 & UPDATES eeping its promise of more inclusive growth in the countryside, LANDBANK opened three new Branches that K will help boost local economies and bring more Filipinos, especially farmers into the banking fold. These new locations bring LANDBANK’s Branch network reach to 403, continuing its target of opening 10 new Branches by end of 2019. LANDBANK LANDBANK AGLAYAN BRANCH BANTAYAN BRANCH

LANDBANK President and CEO Cecilia Borromeo (4th from left) graces the inauguration for Aglayan Bantayan Mayor Arthur Despi and Mrs. Branch last July 12, 2019. She is joined by (front, l-r): Head for Aglayan Branch Helen Tubeo, Frances Despi led the ribbon cutting ceremony. Executive VP for Branch Banking Sector (BBS) Liduvino Geron, Bukidnon Provincial Administrator With them are LANDBANK First VP for EVBG Atty. Nestor Cajes Jr., Cabanglasan Mayor Renato Inocando, Mr. Roberto Flores of the Malaybay City Delma Bandiola (left) and Head for Bantayan

BRANCH BANKING NEWS Mayor’s Office, (back, l-r) First VP for West Mindanao Branches Group (WMBG) Khurshid Kalabud, Branch Leonida Cereño. Aglayan Barangay Chairman Glorio Sajula, and Lantapan Mayor Ernie Devibar. he following week saw or LANDBANK Aglayan Branch, no “will be more than happy to extend T LANDBANK inaugurate its 402nd less than LANDBANK President the AFFORD* Program to eligible Branch, this time in Cebu for Fand CEO Cecilia Borromeo led the ARBs here in Malaybay, along with LANDBANK Bantayan Branch on July inauguration last July 12, 2019. our loan programs through which we 19, 2019. can help finance various production Located in the City of Malaybalay, requirements.” Bantayan Mayor Arthur Despi and Bukidon, the 401st location puts the his wife, Mary Frances Despi led the Bank’s total in the province to six, Malaybay City is a first class city and ribbon-cutting ceremony. Madridejos complementing operations of the the capital of Bukidnon. Its economy Mayor Salvador Dela Fuente was also Valencia City, Maramag, Quezon, Don thrives on agricultural production in attendance, along with LANDBANK Carlos, and Malaybalay Branches. of rice, corn, sugarcane, vegetables, First VP for East Visayas Branches legumes, root crops, and commercial Group (EVBG) Delma Bandiola as President Borromeo said that the crops such as rubber, coffee, banana, guests of honor. expansion attests to the continuous and pineapple. growth of Malaybay City and forms For Mayor Despi, having a government bank would complement his agenda part of LANDBANK’s aggressive *AFFORD, which stands for Accessible Funds thrust to bring its products and for restoring Bantayan Island’s former For Delivery, is a lending program to help glory, as the Branch would be serving services closer to the unbanked and Agrarian Reform Beneficiaries (ARBs) finance the needs of three municipalities underserved in Aglayan. She also production of rice, corn, and high-value crops, took the opportunity to promote the as well as the acquisition of small farm covering 49 barangays in Bantayan Bank’s offerings, adding that the Bank implements. Island, namely: Bantayan, Madridejos, and Sta. Fe.

LANDBANK MAIGO BRANCH The LANDBANK Bantayan Branch has one ATM at the Branch and one offsite ATM at Bantayan’s Tourism Office.

NOW IN YOUR NEIGHBORHOOD

LANDBANK Aglayan Branch Maigo Mayor Ina Louise Miflores (center) stands between LANDBANK Executive VP for BBS Liduvino Purok 3-A, Brgy. Aglayan, Geron (4th from left) and Maigo Vice Mayor Joseph Neri (4th from right). With them are (from left) Malaybalay City, Bukidnon 8700 Head for Marawi Branch Achmad Mamacotao, Head for Pagadian Branch Lina Pacio, First VP for T: (088) 843-1949 / (0917) 126-9469 WMBG Khurshid Kalabud, Campus Head of MSU-MSAT Dr. Macabangkit Ati, LANDBANK Assistant Head: Helen Tubeo VP for Iligan Branch Ligaya Padilla, and Head for Maigo Branch Raisha Marohombsar. LANDBANK Bantayan nother agri-dependent municipality province of Lanao del Norte, and it is (Cebu) Branch in Lanao del Norte is now home also one of the poorest in the country. Brgy: Suba, Bantayan, Cebu 6052 A Bearing this in mind, the Bank made a to the Bank’s 403rd – LANDBANK T: (032) 460-0078/82 point in having a physical presence in Maigo Branch, which was inaugurated Head: Leonida Cereño on August 2, 2019. the area to bring financial services to its people. LANDBANK Maigo The economy in Maigo is largely (Lanao Del Norte) Branch dependent on agriculture and There is one ATM unit installed at the Purok 2, Poblacion, Maigo, cultivated crops, which include the Branch and two other offsite units Lanao Del Norte 9206 in the municipality, which will serve upland variety of rice, as well as T: (063) 227-4351 more than 3,000 households in 13 corn and vegetables. It is a 4th class Head: Raisha Marohombsar municipality in the largely underserved barangays in Maigo. 13 HARVEST Magazine September 2019 LANDBANK is “Outstanding CSF Lending Bank” at BSP stakeholders event

angko Sentral ng Pilipinas (BSP conferred to LANDBANK the “OutstandingB Credit Surety Fund (CSF) Lending Bank” award during the 16th Awards Ceremony and Appreciation Lunch for BSP Stakeholders last July 10, 2019 at the BSP Complex, Manila.

With the theme “One Team One Goal: Resilient Partnership Towards Inclusive Economic Growth,” the BSP Awards recognized its outstanding partners that have supported its various initiatives and advocacy programs in 2018 and was held as part of BSP’s 26th anniversary. LANDBANK President and CEO Borromeo (3rd from left) and First VP for SPG Elcid Pangilinan receive the Outstanding CSF Lending Bank award. With them are BSP Governor and Monetary Board Member Benjamin Diokno (right) The CSF is a credit enhancement scheme and Monetary Board Member Bruce Tolentino. initiated by BSP in 2018 which aims to increase the credit worthiness of micro, small and medium enterprises, including recognized as a Hall of Fame Awardee ePayments – Commercial under BSP cooperatives, that experience difficulty for “Outstanding Regional Partner for PhilPaSS category. in obtaining loans from banks due to Legazpi Branch” under the Clean Note lack of collaterals, credit knowledge, and and Coin Policy category. Meanwhile, LANDBANK President and CEO Cecilia credit track records. It was created Angeles Branch, Cash Hub (Naga City), Borromeo and First Vice President for by pooling cash contributions from Dumaguete Branch, Don Rufino Alonzo Strategic Planning Group (SPG) Elcid participating cooperatives, local Branch, and Tacloban Branch were Pangilinan received the awards from BSP government units, and other partner finalists for the same award for their Governor and Monetary Board Chairman institutions. respective areas. Benjamin Diokno and Monetary Board Member Bruce Tolentino. LANDBANK was also cited as “Digital The Bank was also a finalist in the Trailblazer in Financial Services” in following categories and awards: More than a hundred awards were given recognition of the Bank’s thrust of Outstanding Respondent for BSP’s to outstanding institutional partners inclusivity through digital banking. Senior Bank Loan Officers Survey and stakeholders during the awards category and Outstanding PhilPaSS ceremony. The LANDBANK Legazpi Branch was Participant Servicing Customer LANDBANK bags 7th Karlsruhe Outstanding Sustainable Finance Project Award

ANDBANK’s flagship program for climate-change mitigation projects –L the Carbon Finance Support Facility (CFSF) – won another Karlsruhe Outstanding Sustainable Finance Project Award for the Bank.

The CFSF projects on landfill gas-to- energy generation on two sites - Quezon City Sanitary Landfill and Rizal Provincial Sanitary Landfill - were recognized by Karlsruhe as outstanding sustainable finance projects. This is the seventh time in a row that the award-giving body acknowledged the CFSF projects of Members of the LANDBANK Board of Directors Nancy Irlanda Tanjuatco (2nd from left) LANDBANK. and Jesus Hinlo Jr. (4th from left) received the award with Philippine Ambassador to Germany Theresa Dizon-De Vega (center). With them are Karlsruhe City Mayor Dr. Frank The CFSF was created in response to Mentrup (left) and European Organisation for Sustainable Development CEO Arshad Rab. the worldwide challenge of reducing the impacts of global warming and climate change, as it aims to promote climate change-mitigating activities in the business operations of the Bank’s clients, LANDBANK’s Sustainable Lending Programs are categorized into three, namely - Climate Change and provide them with services in the Mitigation Programs (Carbon Finance Support Facility, Renewable Energy Lending Program, form of carbon financing and technical Go Green Inclusive Financing Program, and SPEED PUVs Program), Climate Change Adaptation assistance to become Clean Development Programs (Climate SAFE Program, Climate Resilient Agriculture Program, BUILDERS Program, Mechanism-eligible projects. The facility KAWAYAN Program), and Rehabilitation Resiliency Programs (Calamity Rehabilitation Support also serves as a catalyst to generate new Program, H2OPE, Solutions in Terminating Pollutions for Manila Bay). loans and clients. September 2019 HARVEST Magazine 14 POWERING UP THE COUNTRYSIDE THROUGH FINANCIAL INCLUSIVITY AND DIGITAL TRANSFORMATION We remain steadfast in our mission of promoting financial inclusivity especially in the countryside. We put into action our passion to serve by going the extra mile to reach the unbanked and underserved. We provide opportunities to those in the margins of society, like our farmers, fishers, and MSMEs. We help fuel their dreams, and help them realize their success. We empower communities to help contribute to a progressive nation. Because in LANDBANK, we help YOU and our country GROW.

For inquiries about our products and services, please call our 24/7 Regulated by the Bangko Sentral ng Pilipinas Customer Care Center at (02)405-7000 or 1-800-10-405-7000 (+632) 8-708-7087 / [email protected] (Domestic Toll Free) or visit www.landbank.com. Member: PDIC. Maximum Deposit Insurance for Each Depositor P500,000. landbankoffical LBP_Official A proud member of BancNet