Landbank is set to raise at least P5 billion through a sustainability bond issuance to fund projects that promote environmental sustainability and strengthen community development across the country.
The bonds — officially referred to as Agriculture, Sustainability, Environment and Socioeconomic Development (Asenso) bonds — form part of the bank’s broader sustainable finance strategy to mobilize funding for priority development sectors.
These peso-denominated, fixed-rate Asean Sustainability Bonds, with tenors of 1.5 years and three years, will provide investors with a secure fixed-income investment while directly supporting initiatives with measurable environmental and social benefits.
The bonds offering was first announced to qualified institutional buyers (QIBs) Jan. 12, and will be available to the public from Jan. 28 to Feb. 6, 2026 via Landbank’s mobile banking app for a more convenient way to subscribe, with a minimum investment of P10,000 and in increments of P10,000. The bonds are expected to be listed on the Philippine Dealing & Exchange Corp. on Feb. 16.
Interest on the Asenso Bonds will be paid quarterly starting from the issue date and will be subject to final withholding tax. China Bank Capital Corporation (Chinabank Capital) is the sole issue manager for the bond offering, with Landbank and Chinabank Capital acting as the selling agents.
Proceeds from the issuance will be allocated exclusively to eligible green projects, including renewable energy, energy efficiency, green buildings, clean transport, sustainable water management, and pollution prevention; as well as social projects, such as food security, affordable housing, health, education, access to essential services, employment generation, and broader socioeconomic development.
“The Asenso Bonds offer investors a unique opportunity to earn competitive, fixed returns while contributing to meaningful projects that benefit communities and the environment,” the bank’s president and CEO, Lynette Ortiz, said in a statement Jan. 12. “With rising demand for sustainable investments, there is no better time to invest in initiatives that generate positive social and environmental impact while supporting long-term national growth.”
The issuance is aligned with the bank’s sustainable finance framework, which integrates environmental, social, and governance principles into its operations in support of the Philippine Development Plan, the Philippine Sustainable Finance Roadmap, and the United Nations Sustainable Development Goals. ||
