Merger of Philippine banks Landbank, UCPB to take effect on March

All accounts under UCPB will be transferred under Landbank.

The legal merger between United Coconut Planters Bank (UCPB) and Landbank of the Philippines will take effect on 1 March, in accordance with Executive Order No. 142 signed by Philippine President Rodrigo Duterte on 25 June 2021.

UCPB and Landbank have also secured the regulatory approvals of the Philippine Deposit Insurance Corporation, the Monetary Board of the Bangko Sentral ng Pilipinas, and the Securities and Exchange Commission, for the merger.

UCPB will be migrating all of its customers’ accounts to Landbank and will be issuing advisories to guide the transition.

The merger ends UCPB’s 58 year run in the Philippines, with Landbank being the surviving entity of the merger.

Follow the links for more news on

Landbank

United Coconut Planters Bank

Bangko Sentral ng Pilipinas

LANDBANK, UCPB merger

Also Read

Bangkok Bank logs net profit of $1.05b for 9M 2024

Banks face value creation challenge despite record revenues

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit