The Land Bank of the Philippines or Landbank has bagged two awards for its outstanding development projects on climate financing and digital account opening at the Association of Development Financing Institutions in Asia and the Pacific (ADFIAP) Development Awards 2020. The Green Climate Fund (GCF) Program of the state-owned bank was adjudged as the winner under the Environmental Development category, while its Digital Onboarding System (DOBS) was bestowed with a Merit Award under the Technology Development category. The awards were presented to Landbank during the 43rd ADFIAP Virtual Annual Meeting held on Oct. 28 to 29. This recognition inspires us to constantly do more and work harder,” Landbank President and CEO Cecilia Borromeo said. DOBS is a web application that reduces account opening time from 30 minutes to only 10 minutes, simplifying the account enrolment process both for individuals and institutional clients.

Source: Manila Times November 08, 2020 16:30 UTC