REAL, Quezon – In line with its aggressive thrust to promote financial inclusion in
the country, the Land Bank of the Philippines (LANDBANK) officially inaugurated a
new branch in the first-class municipality of Real—the first-ever commercial bank in
the town.
LANDBANK President and CEO Cecilia C. Borromeo, Real Mayor Diana Abigail D.
Aquino, and Infanta Credit and Development Cooperative (ICDeC) Chairman Fr.
Francis B. Lucas led the inauguration rites for the LANDBANK Real Branch on 03
June 2022. They were joined by LANDBANK Executive Vice President Julio D.
Climaco, Jr., and Senior Vice Presidents Randolph L. Montesa and Althon C. Ferolino.
“With the LANDBANK Real Branch, we are looking to support the fast-paced
developments in Real and its neighboring towns. We hope that this will draw more
investors to the Province and spur local economic activities,” said President and CEO
Borromeo.
The LANDBANK Real Branch, located in Barangay Poblacion 1, Real, will provide
banking services to the 50 combined barangays of Real, Polillo and Burdeos, as well
as the unbanked and underserved communities in Panukulan, Patnanungan, and
Jomalig.
The newly inaugurated Branch has two onsite automated teller machines (ATMs) to
cater to the cash requirements of local residents, including more than 7,500
beneficiaries of the Conditional and Unconditional Cash Transfer (CCT/UCT)
programs of the Department of Social Welfare and Development (DSWD), as well as
government employees, teachers, and students, among others.
The LANDBANK Real Branch also features a Digital Corner where customers can
open a deposit account in only 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 for safe and convenient online
transactions.
LANDBANK currently operates a total of 13 branches and a lending center in the
Province of Quezon, complemented by 64 ATMs and cash deposit machines (CDMs)
to facilitate fast, safe, and timely cash withdrawals and deposits.
LANDBANK is the only bank present in all 81 provinces in the country, with a
network of 607 branches and 58 lending centers as of 03 June 2022.
The state-run Bank’s continued expansion across the country underscores its
commitment to bring banking services closer to its priority sectors, especially in
unbanked and underserved areas.
