Two new automated teller machines (ATMs) were installed in the province of Guimaras in a bid to uphold convenient and reliable banking services of Land Bank of the Philippines in far-flung areas.
These LANDBANK ATMs are situated at the Sibunag Municipal Hall in Brgy. Dasal and San Lorenzo Municipal Compound in Brgy. Cabano to cater residents from 25 combined barangays, which includes farmers, fishers, local government employees, teachers, and other depositors.
“Our continued expansion in remote and underserved areas advances our continuing thrust towards financial inclusion. LANDBANK will remain focused on reaching and serving all our customers nationwide, as we firm up our support in pushing the national government’s inclusive development agenda,” said Land Bank President and CEO Lynette Ortiz.
Over 7,600 beneficiaries of the Conditional and Unconditional Cash Transfer (UCT) programs of the Department of Social Welfare and Development (DSWD) are also expected to benefit from faster and more efficient payout services through the new ATMs.
Jenefer Salmorin, a Pantawid Pamilyang Pilipino Program (4Ps) beneficiary from Sibunag, said that the availability of a Land Bank ATM in their town makes claiming financial assistance from the National Government more convenient and accessible.
Meanwhile, Sibunag Mayor Annabelle Samaniego said that the establishment of the LANDBANK ATM in the town also provides improved access to formal financial services and promotes financial literacy among residents.
“This has lessened our consumed time, money, and effort just to withdraw cash we needed. On behalf of the people of the Municipality of Sibunag, I am expressing my sincerest gratitude and appreciation to the LANDBANK as our genuine partner for the development of the municipality,” said Mayor Samaniego.
According to the LANDBANK, it is the only bank present in all five municipalities of the island province, servicing the banking requirements of residents through the Guimaras Branch in Brgy. San Miguel in Jordan, with 10 ATMs, one cash deposit machine (CDM), and seven Agent Banking Partners (ABPs).AAL/LMLE/PIA Iloilo/Land Bank News