CITY OF SAN FERNANDO, Pampanga – Mobility when it comes to banking was taken to the next level, seen to benefit more unbanked Filipinos.
Land Bank of the Philippines (LANDBANK) recently inaugurated on July 21, 2021 its first-ever mobile branch at the Heroes Hall along Lazatin Boulevard in this city.
Housed in a six-wheeler truck, the LANDBANK Mobile Branch functions as a pop-up branch to service communities across the country with disrupted or limited access to banking services. These include areas affected by calamities and other unexpected events, as well as unbanked and underserved communities
As part of its efforts to bring more unbanked Filipinos into the formal banking system in support for the national government’s financial inclusion agenda, the LANDBANK Mobile Branch can facilitate banking services such as account opening and maintenance, deposit, withdrawal, encashment, debit or credit memo, online collection payment, enrollment in e-banking facilities, and ATM services.
San Fernando Mayor Edwin Santiago, Vice Mayor Jaime Lazatin and Executive Vice President Julio Climaco, Jr., head of LANDBANK’s Branch Banking Sector, led the blessing and inauguration of the LANDBANK Mobile Branch.
Joining them were First Vice President Sylvia Lim, head of LANDBANK Central Luzon Branches Group, and Assistant Vice President Rogelio Samia, head of the LANDBANK San Fernando Branch.
In addition to providing basic banking services, the LANDBANK Mobile Branch is also designed to assist the national government during retail and emergency disbursements or payouts, including cash subsidies distribution under the programs of the Department of Social Welfare and Development and other government agencies.
During the launch event, the state-run Bank also distributed at least 600 LANDBANK Cash Cards to the first batch of City Social Welfare Development beneficiaries under the support programs of the City of San Fernando.
The distribution of cash cards forms part of LANDBANK’s support to the City of San Fernando in establishing efficient, safe and secure cash assistance disbursement to the city’s most vulnerable sectors, including senior citizens, persons with disabilities and local Pantawid Pamilyang Pilipino Program beneficiaries.
At present, LANDBANK has a total network of 411 branches and 66 branch-lite units, composed of branch-lites, Agri-Hubs, LEAFs, tellering booths, and FX booths across all 81 provinces in the country. This is complemented by 55 lending centers in strategic areas nationwide.
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