Landbank is strengthening support for a reliable and resilient power sector through a P155-billion Bilateral Term Loan Facility and the onboarding of the Power Sector Assets and Liabilities Management Corporation (PSALM) to its Link.BizPortal digital payment platform.
As sole lender and arranger, Landbank’s new facility provides PSALM greater financial flexibility to sustain critical energy obligations. Concurrently, Link.BizPortal offers a secure online channel for electric cooperatives, power companies, and other authorized payors to conveniently settle Universal Charges — streamlining nationwide collections while enhancing operational efficiency, transparency, and accountability.
The latest collaboration builds on the bank’s nearly two decades of partnership with PSALM in advancing the country’s power sector reform program. Over recent years, it has provided significant financial backing, including syndicated term loans amounting to P110 billion in 2024, and P100 billion in 2025.
“At Landbank, we believe that modernization must deliver real results for the public,” its president and CEO, Lynette Ortiz, said in a statement Aug. 18. “Through this agreement, we are strengthening the financial and digital foundations that support a reliable and sustainable energy sector.”
Ortiz and PSALM president and CEO Dennis Edward Dela Serna led the ceremonial signing of the loan agreement and digital onboarding Aug. 4 in Manila, joined by National Treasurer Sharon Almanza, Department of Finance undersecretary Maria Angela Ignacio, bank executives Charlotte Conde, Marilou Villafranca, and Gonzalo Benjamin Bongolan, and Manuel Marcos Villalon II of PSALM, as witnesses.
Through responsive financing and digital banking solutions, Landbank remains committed to helping government institutions operate more efficiently and advance inclusive and sustainable national development. ||
