banks in the Philippines

Land Bank of the Philippines not giving government financial aid on 60th anniversary

Lorenz Pasion, Rappler.com

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Land Bank of the Philippines not giving government financial aid on 60th anniversary
LANDBANK asks the public to obtain information about any bank promos only from its official Facebook page and social media channels

Claim: Land Bank of the Philippines (LANDBANK) is giving away P7,000 for its 60th-anniversary in a promo called “60th Anniversary Government Financial Aid.”

Rating: FALSE

Why we fact-checked this: The claim was sent to Rappler via email for checking.

LANDBANK’s statement: In a post on LANDBANK’s official Facebook page, the bank denied being connected with the fake promo in a post published on October 24, 2022.

Ang LANDBANK ay HINDI nagbibigay ng financial aid mula sa gobyerno kapalit ng page Likes, personal na impormasyon, o sa pamamagitan ng pagsagot ng online surveys. Ang mga scam na ito ay hindi konektado sa LANDBANK o sa anumang subsidiary nito,” LANDBANK said in the post.

(LANDBANK does not give financial aid from the government in exchange for page likes, personal information, or through answering online surveys. These scams are not connected to LANDBANK or any of its subsidiaries.)

The real promo: To celebrate its 59th anniversary, LANDBANK gave P2,000 to 49 individuals and P5,900 to 10 individuals via a promo called “Pa-Mine @ 59 Anniversary Raffle Promo.” The winners of the promo were announced on August 11, 2022.

Reminder to the public: LANDBANK reminded the public to get information about any bank promos only from its official Facebook page and other official social media channels. LANDBANK also asked the public to report any cases of scams via its LANDBANK Customer Care Hotline (02) 8-405-7000 or 1-800-10-405-7000 (PLDT Domestic Toll-Free Number) and email: customercare@mail.landbank.com.

Similar claim: Rappler fact-checked a similar claim of a scam posing as LANDBANK before. It claimed to give away P7,000 subsidies to people who answer an online questionnaire. – Lorenz Pasion/Rappler.com

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author

Lorenz Pasion

Lorenz Pasion is a researcher at Rappler and a member of its fact-check team that debunks false claims that spread on social media.