Please be informed that the legal merger between United Coconut Planters Bank (UCPB) and Land Bank of the Philippines (LANDBANK) takes effect on March 1, 2022 in accordance with Executive Order No. 142 signed by President Rodrigo R. Duterte on June 25, 2021 and the subsequent approvals of the Board of Directors and stockholders of UCPB and LANDBANK, and the regulatory approvals of the Philippine Deposit Insurance Corporation, the Monetary Board of the Bangko Sentral ng Pilipinas, and the Securities and Exchange Commission.
The merger fulfills the objective of providing our expanded client base with a stronger, unified government financial institution committed to serve all sectors through a wider service network and product offerings.
As we work to integrate UCPB and LANDBANK’s processes and systems and migrate your accounts to LANDBANK, please be assured that we are doing all we can to ensure a seamless transition and uninterrupted service. We will be issuing advisories to guide you through the transition. You may get in touch with your maintaining branch or check UCPB’s and LANDBANK’s websites and social media accounts for important updates and announcements.
We are truly honored to have served you with our distinct brand of personal and proactive service for over 58 years. With heartfelt gratitude for your trust and confidence, we now turn over the reins of UCPB to LANDBANK and entrust the relationships we have built to its able and good stewardship.
Date published: January 25, 2022