STATE-RUN Land Bank of the Philippines said over the weekend that the value of its major digital banking platforms in the first quarter of 2023 rose by 30 percent compared to a year earlier.
The increase to P735.95 billion from the previous year's P567.6 billion was facilitated by a total of 41.2 million transactions representing a 5-percent rise year on year via the Mobile Banking App (MBA), weAccess, Electronic Modified Disbursement System (eMDS), Link.BizPortal, iAccess, and the Bulk Crediting System (LBCS).
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