STA. ANA, Cagayan – The Land Bank of the Philippines (LANDBANK) officially inaugurated a branch-lite unit in this second-class town, in an effort to promote inclusive growth and development in the Province of Cagayan.
Located on the ground floor of the Cagayan Special Economic Zone (CEZA) Corporate Center in Barangay Centro, the LANDBANK CEZA (Cagayan) Branch-Lite will provide convenient and accessible banking products and services to all the 16 barangays of Sta. Ana and the 25 barangays of Gonzaga.
The new touchpoint will ease the burden of residents, including CEZA investors and co-locators, from traveling about 80 kilometers to perform their transactions at the nearest LANDBANK branch in the town of Aparri.
LANDBANK President and CEO Cecilia Cayosa Borromeo and Sta. Ana Vice Mayor Catherine J. Ladrido led the inauguration rites for the LANDBANK CEZA (Cagayan) Branch-Lite on 28 April 2023.
They were joined by CEZA Acting Head for Freeport Facility Department (FFD) and Environmental and Public Safety Department (EPSD) Engr. Carlo D. Sales, LANDBANK Director Atty. David D. Erro, Executive Vice President Liduvino S. Geron, and Senior Vice President Ma. Belma T. Turla.
“The LANDBANK CEZA (Cagayan) Branch-Lite underscores the Bank’s continuing commitment to bolster economic growth in the municipality of Sta. Ana and its neighboring towns. This touchpoint makes banking products and services more accessible to Cagayanos, in line with the National Government’s financial inclusion agenda,” said LANDBANK President Borromeo.
Meanwhile, Sta. Ana Vice Mayor Ladrido expressed her gratitude to LANDBANK for its continued support to the development of the town.
“It is really through your support that changed the lives of many of our constituents here, including the agriculture and fisheries sector. Rest assured that we have rendered all our support to LANDBANK,” she said.
The newly inaugurated branch-lite is also expected to service customers from geographically isolated and disadvantaged areas, including the coastal towns of Divilacan, Maconacon, Palanan, and Dinapigue in the Province of Isabela.
Customers from the barangays of Bolos Point in Gattaran and Valley Cove in Baggao—where access roads to their respective commercial towns are still being developed—will also benefit from its services.
The LANDBANK CEZA (Cagayan) Branch-Lite has an automated teller machine (ATM) and cash deposit machine (CDM) to facilitate cash withdrawals and real-time deposits for over 3,500 combined beneficiaries of the Conditional and Unconditional Cash Transfer (CCT/UCT) programs of the Department of Social Welfare and Development (DSWD), local government employees, private depositors, and other customers.
To help simplify the account enrolment process and reduce the account opening time of customers, the branch-lite also features a Digital Corner where customers can conveniently open a deposit account using the LANDBANK Digital Onboarding System (DOBS).
LANDBANK is the only bank present in all 82 provinces of the country, with 607 branches and branch-lite units, 58 lending centers, 2,906 ATMs, 224 CDMs, and 1,072 Agent Banking Partners (ABPs).