PISO to help Filipinos

The Land Bank of the Philippines, known as LANDBANK, has launched the “Perang Inimpok Savings Option” (PISO) account.

Users can open a LANDBANK deposit account with just P1.00 as minimum initial deposit and go up to a maximum P50,000 account balance.

PISO is targeted at varying social groups including farmers, household helpers, students and fishermen.