To further boost its reach and better serve the banking needs of clients across the country, the Land Bank of the Philippines (Landbank) is set to open 23 new branches and branch-lite units and deploy an additional 190 ATMs this year.
“Landbank remains aggressive in expanding its extensive network to serve more clients and meet emerging needs. While the usage of our e-banking channels continue to rise under the new normal, our branches and other physical touchpoints remain equally important in servicing our clients, especially those in the countryside,” said Landbank President and CEO Cecilia C. Borromeo.
As of February 15, 2021, Landbank has the third-largest ATM network in the country among local banks with 2,316 ATMs, which serve 410 municipalities that are classified as unbanked. Landbank is also the only bank present in all 81 provinces nationwide.
The 23 additional Landbank touchpoints in the pipeline this year are composed of 16 branches and branch-lites, five (5) Agri-Hubs, and two mobile branches. This will grow Landbank’s branch network to 500 branches and branch-lite units nationwide by yearend.