DAVAO CITY – The Land Bank of the Philippines (LANDBANK) strengthens its presence in
Davao City and nearby localities with the opening of a four-story corporate center in
Bajada, Brgy. Buhangin, to provide convenient access to a wide array of banking services.
The LANDBANK Davao Corporate Center—the bank’s biggest corporate center outside of
the National Capital Region—will serve the various banking and financial needs of over
30,000 customers in East Mindanao, as it houses the Bank’s major touchpoints and local
offices.
Department of Finance (DOF) Secretary and LANDBANK Chairman Carlos G. Dominguez
III and LANDBANK President and CEO Cecilia C. Borromeo, alongside Mindanao
Development Authority (MinDa) Secretary Maria Belen Sunga-Acosta and Davao City
Councilor Diosdado Angelo Mahipus, Jr., led the inauguration rites for the LANDBANK
Davao Corporate Center on 24 June 2022. They were joined by LANDBANK Director Jaime
L. Miralles, Executive Vice Presidents Alex A. Lorayes and Liduvino S. Geron, and other
Bank senior officers.
“The Davao Corporate Center underscores LANDBANK’s commitment to expanding its
reach and bringing its services to all Filipinos,” said Finance Secretary Dominguez. “I see
this corporate center as LANDBANK’s investment in one of the fastest-growing regions in
the country. With the infrastructure build-up in the region and the great potential the area
holds, rapid growth will transpire here in the next few years,” he added.
Meanwhile, LANDBANK President and CEO Borromeo underlined LANDBANK’s expanded
role in nation-building by supporting a broad range of development sectors.
“LANDBANK has been a strong arm of the government in advancing inclusive development
programs, accelerating growth of local economies, and bringing banking services to the
farthest reach of our country. Moving forward, LANDBANK will build on its growth
momentum and bring to a higher gear its pursuit of serving the nation,” said LANDBANK
President and CEO Borromeo.
Located on the ground floor of the Davao Corporate Center is the LANDBANK Bajada
Branch, which will service customers from the four districts of Davao City, including
various local and national government offices, private establishments and retail clients.
The Branch has three onsite automated teller machines (ATMs) to cater to the cash
requirements of over 40,000 beneficiaries of the Conditional and Unconditional Cash
Transfer (CCT/UCT) programs of the Department of Social Welfare and Development
(DSWD), government employees, teachers, students, and other local residents.
The LANDBANK Bajada 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.
On the third floor of the corporate center is the LANDBANK Davao Lending Center, which
will cater to the financing requirements of local farmers and fishers, agrarian reform
beneficiaries, micro, small and medium enterprises (MSMEs), cooperatives, and local
government units (LGUs), among the Bank’s priority sectors.
The Davao Corporate Center also serves as the official station of the LANDBANK Mobile
ATM and Mobile Branch in Mindanao, which are on standby to service areas disrupted by
disasters and calamities, as well as unbanked and underserved communities.
Other LANDBANK field offices in the corporate center are the East Mindanao Branches
Group, Mindanao Lending Group, Davao Cash Operations Unit, Trust Desk, Loan
Operations Management Department – Mindanao Unit, Davao Loan Operations Field Unit,
Property Valuation and Credit Information Department – Davao Field Team, Cash
Management Solutions Department Mindanao, Davao del Sur Accounting Center 1, Agrarian Operations Center XI, Field Legal Services XI, and Organization Development Department Mindanao.
The Commission on Audit (COA) and Upland Southern Mindanao–Credit and Institutional
Building Program (USM-CIBP) were also provided space within the corporate center.
LANDBANK currently operates a total of nine branches and one lending center in Davao
City. This is complemented by 64 ATMs, two cash deposit machines (CDMs), and eight
Agent Banking Partners (ABPs) that provide basic banking services on behalf of
LANDBANK in areas with limited access to formal banking.
LANDBANK is the only bank present in all 81 provinces in the Philippines, with plans for
continued expansion focusing on servicing the requirements of its diverse customer base
nationwide.
