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.
On June 25, 2021, President Rodrigo R. Duterte signed Executive Order No. 142 entitled, “Approving the Merger of the Land Bank of the Philippines (LANDBANK) and the United Coconut Planters Bank (UCPB), and the Acquisition by the LANDBANK of the Special Preferred Shares of the Philippine Deposit Insurance Corporation (PDIC) in the UCPB.”.
Feb 28, 2022 · February 28, 2022. The merger between state-run Land Bank of the Philippines (LANDBANK) and United Coconut Planters Bank (UCPB) takes effect on 01 March 2022, envisioned to provide a more robust support to the country’s agriculture sector for inclusive rural development. Both LANDBANK and UCPB customers will have access to a combined network ...
Jun 29, 2021 · President Rodrigo Duterte approved the merger of state-controlled banks Land Bank of the Philippines (Landbank) and United Coconut Planters Bank (UCPB). The merger, stipulated in Executive Order ...
Dec 17, 2021 · Bianca Cuaresma. December 17, 2021. 1 minute read. Land Bank of the Philippines announced on Friday that the stockholders of the United Coconut Planters Bank (UCPB) have approved their merger ...
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 ...
United Coconut Planters Bank (UCPB) | 14,118 followers on LinkedIn. UCPB has built a lasting bond with its customers. It is a bank known for its superior level of customer service – what the ...
Mar 6, 2022 · March 6, 2022 | 12:00am. MANILA, Philippines — Moody’s Investors Service upgraded the credit rating of United Coconut Planters Bank (UCPB) to investment from speculative grade a few days after ...
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 ...
Oct 29, 2015 · Finally, the government has secured ownership of 72.2 percent of the United Coconut Planters Bank (UCPB) shares from business tycoon Eduardo “Danding” Cojuangco Jr. which were purchased in the ...
