UNBANKED and underserved Filipinos can now create an account with Land Bank of the Philippines (LandBank) with just a P1 initial deposit as the government-owned lender launched its new product called "PISO."

In a statement on Sunday, LandBank said interested customers can open a deposit account through a PISO, or "Perang Inimpok Savings Option," account with just a P1 minimum opening deposit and a P50,000 maximum account value.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details