Reaffirming its commitment to grassroots development, Landbank formalized a collaboration with the League of Municipalities of the Philippines (LMP) to strengthen access to development financing and support priority initiatives across 1,486 municipalities nationwide.
Through the partnership, municipalities gain expanded access to development financing and technical assistance to enhance public service delivery, while strengthening information sharing and awareness of the bank’s programs among LMP member municipalities.
“By providing municipalities with accessible financing, we empower local leaders to transform their communities and strengthen local economies,” Landbank president and CEO Lynette Ortiz stressed in a statement March 20. “This partnership helps turn plans into action, enabling better services for their constituents.”
The partnership was formalized through a memorandum of agreement (MOA) signed during the LMP 1st General Assembly early this month in Pasay City by Landbank executive vice president Charlotte Conde and LMP national president, Mayor Faustino Dy V, witnessed by the bank’s first VP Allan Bisnar and LMP secretary-general, Mayor Danielle Niña Bernos.
Under the MOA, municipalities are better positioned to tap the bank’s financing for critical infrastructure and services, including roads, healthcare facilities, sanitation systems, and disaster resilience projects.
The bank already released P190 billion under its Enhanced LGU Lending Program, as of January 2026, to support infrastructure and socio-economic projects nationwide. Complementing this is the Multi Developmental Financing (MDF) Support Program, with P3.6 billion in approved loans, prioritizing 3rd to 5th class municipalities to expand access to affordable financing for financially-constrained LGUs.
Beyond financing, the bank said it continues to guide municipal borrowing, promote responsible fiscal management, and provide strategic project development support, to ensure that funding translates into long term and sustainable development outcomes.
Anchored on its nationwide presence, Landbank ensures that development partnerships translate into real access on the ground. As of end 2025, it operates 10,412 touchpoints across all 82 provinces, including 615 branches and branch-lite units, 60 lending centers, 3,268 ATMs, 3,882 convenience store ATMs, 236 cash deposit machines (CDMs), and 1,001 LandbanKasama agent banking partners.
Through its expanding “phygital” network and corporate centers that combine high-touch service with digital efficiency, the bank enables local governments to access financing solutions efficiently while driving digital adoption—ensuring that no municipality is left behind in the country’s development journey, it added. ||
