LandBank launches 'PISO' for unbanked

by The Manila Times

Jul 25, 2022 12:11 am

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.

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