P33 billion in financing support for LGUs in Visayas: Landbank

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Landbank said Aug. 3 that it is strengthening growth and development across the Visayas through P33.4 billion in financing support for local government units (LGUs) and an expanded digital banking network, helping cities accelerate infrastructure projects, improve public service delivery, and broaden access to financial services.

During the League of Cities of the Philippines (LCP) 82nd National Executive Board Meeting and 2nd Visayas Cluster Consultation in Lapu-Lapu City, Cebu recently, the bank showcased an integrated suite of financial solutions designed to help cities modernize public services and accelerate key development initiatives.

“Cities are at the forefront of local progress and public service delivery. By equipping our LGUs with tailored financing and digital innovations, Landbank is empowering local leaders to execute high-impact projects, streamline governance, and drive truly inclusive and sustainable growth for every Visayan community,” president and CEO Lynette Ortiz said in a press release.

League of Cities of the Philippines national president and San Juan City Mayor Francisco Javier Zamora (3rd from right) presents a plaque of appreciation to Landbank executive vice president Marilou Villafranca (center) for serving as speaker during the LCP’s 82nd National Executive Board Meeting and 2nd Visayas Cluster Consultation in Cebu last month.

The bank’s financing support to Visayas LGUs has reached P32.7 billion, under its LGU Lending Program, and P650.9 million through its LGU Multi-Developmental Financing Support Program, as of May 2026. These funds were channeled to support infrastructure development along with key environmental, social, and economic initiatives across the region.

To complement this funding, the bank continues to enhance financial accessibility in the Visayas through a network of more than 2,000 banking touchpoints, including 107 branches, 691 ATMs, 13 lending centers, and 174 Landbankasama partners.

It also provides LGUs with a suite of digital banking and payment solutions to help accelerate their digital transformation. These include the Link.BizPortal for secure digital payment acceptance and point-of-sale (POS) terminals for debit and credit card payments.

It likewise provides the weAccess platform for real-time account monitoring, fund management, payments, payroll, and collections, alongside the Government Purchase Card (GPC) for eligible government expenses and procurement.

Specialized financing programs for agriculture, micro, small, and medium enterprises (MSMEs), water infrastructure, and renewable energy projects are also being offered.

Together, these programs support food security, local business growth, improved access to essential services, and long-term sustainability, the bank said. “By combining accessible financing with digital innovation, Landbank continues to empower local governments to drive inclusive growth and build more resilient communities across the Visayas and the rest of the country.” ||