Land Bank of the Philippines
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The United Coconut Planters Bank, more popularly known by its initials, UCPB, or by its old name, Cocobank, was a government-owned bank and was one of the largest banks in the Philippines, having ranked within the top twenty banks in the country in terms of assets. It was the only existing universal bank not listed on the Philippine Stock Exchange.
Learn about the merger of LANDBANK and UCPB, and the transition activities for former UCPB clients. Find out the FAQs, account conversion, branch directory, products and services, fees and charges, and subsidiaries of LANDBANK.
UCPB is a Philippine bank with a universal banking license and various subsidiaries. It offers personal and proactive service, multi-channel delivery, and countryside development programs.
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Jan 27, 2022 · STAR / File. MANILA, Philippines — The merger between Land Bank of the Philippines and United Coconut Planters Bank (UCPB) will take effect on March 1, with both banks saying their operations ...
Dec 17, 2021 · The stockholders of UCPB have approved the merger plan with LANDBANK, which will create the second-largest bank in the Philippines with P3 trillion in assets. The merger aims to promote financial inclusion and sustainable development, especially for coconut farmers and other agricultural sectors.
Dec 19, 2021 · Stockholders of United Coconut Planters Bank (UCPB) have approved the merger with Landbank, with more than 97 percent of shareholders in UCPB voting in favor of the plan of merger and articles of ...
Jul 1, 2021 · Fitch Ratings comments on the planned merger of Land Bank of the Philippines (LBP) with United Coconut Planters Bank (UCPB), which could have a negative impact on LBP's standalone credit profile but reinforce its policy role and support from the government. The merger would increase LBP's market share and franchise, but also its NPL ratio and credit costs.
