Go Green, Earn Green: LANDBANK Launches Eco-Friendly Time Deposit
LANDBANK introduces the GreenGrowth Deposit, combining environmental support with financial benefits. Invest in a sustainable future with returns up to 4.25% p.a.

The Land Bank of the Philippines (LANDBANK) unveils an innovative financial product, the GreenGrowth Deposit, designed to merge social and environmental stewardship with attractive financial returns for its patrons. Announced on Wednesday, this novel time deposit scheme not only promises a secure investment but also directs funds towards vital social and environmental projects.

With a one-year fixed term and a starting minimum of PHP50,000, the GreenGrowth Deposit offers an annual interest rate of 2.25%. For those looking to invest more, deposits of PHP5 million or above can reap interest rates as high as 4.25% per annum.

This initiative is part of LANDBANK's commitment to sustainable financing, focusing on renewable energy, green technologies, and various eco-friendly ventures. Additionally, it supports community-based programs aimed at improving social welfare.

LANDBANK President and CEO Lynette Ortiz encourages customers to join in their green mission, stating, β€œThe LANDBANK GreenGrowth Deposit reflects our dedication to creating a greener and more sustainable future, while encouraging customers to be part of this transformative journey. Open an account now where each peso deposited contributes to creating ripples of meaningful change.”

Prospective clients are invited to initiate their GreenGrowth Deposit accounts online through the LandBank Digital Onboarding System or by visiting any of the 607 LANDBANK branches nationwide.

What impact do you think such sustainable financial products will have on environmental and social initiatives?

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