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UCPB, UCPB Savings Bank sign up for BSP/BMAP-led Banking On Your Future Program

UCPB, UCPB Savings Bank sign up for BSP/BMAP-led Banking On Your Future Program

BSP, BMAP and leaders of the banking community sign a memorandum of agreement to renew the Banking on Your Future (BOYF) Kiddie and Teen Account Program that that inculcates the value of saving at an early age to the youth through teaching aids and access to child-friendly savings accounts and other bank products. Photo shows BSP Governor Amando M. Tetangco, BMAP President Mary Ann Ducanes (seated, 4th and 5th from left) BSP Deputy Governor Nestor Espenilla (standing, 4th from right), UCPB President Higinio O. Macadaeg, Jr., and UCPB Savings Bank President Angel H. Mojica (standing, 5th and 8th from left) together with other bank presidents and representatives. UCPB and its subsidiary UCPB Savings Bank have joined the Banking On Your… Read more.

UCPB’s Meycauayan and Tarlac branches move to new locations

UCPB’s Meycauayan and Tarlac branches move to new locations

UCPB’s Meycauayan and Tarlac branches moved to better locations to further improve the banking experience of its clients. UCPB Meycauayan Branch is now located at Ground Floor Buena Fina Building, 933 McArthur Highway, Calvario, Meycauayan City, Bulacan. It opened last November 14, 2016, offering better accessibility and more parking spaces to its clients. The branch is near Calvario Elementary School and Esperanza Mall, and is in front of Meycauayan College. The branch can be contacted using the same phone numbers (044) 815-2389, (044) 815-3300 (PLDT), and 840-8923 (Digitel). Meanwhile, UCPB Tarlac Branch opened on November 2, 2016 at Jaral Building, McArthur Highway, San Nicolas, Tarlac City, Tarlac. Located near Ford Tarlac and Tarlac Living Faith Academy, the branch has an… Read more.

Experienced banker heads UCPB Leasing and Finance Corporation

Experienced banker heads UCPB Leasing and Finance Corporation

UCPB has appointed a veteran banker to lead its subsidiary UCPB Leasing and Finance Corp. (ULFC). The Bank announced recently that Gerard M. Aguirre who has nearly three decades of banking experience, specifically in leasing, corporate and retail banking, is joining ULFC as president, replacing Franco P. Magalong, who was appointed to head the Bank’s Corporate and Commercial Banking Group. Prior to joining UCPB, Mr. Aguirre was with BDO Unibank’s BDO Leasing and Finance Inc., where he handled the company’s international desk. He also led the company’s Luzon and Visayas-Mindanao marketing department which was responsible for the P5 billion portfolio of the units. He also headed BDO commercial banking operations in the North and Central Luzon Area. Mr. Aguirre likewise… Read more.

UCPB links up with Haribon Foundation for its environmental protection initiatives

UCPB links up with Haribon Foundation for its environmental protection initiatives

UCPB President and CEO Higinio O. Macadaeg, Jr. and Haribon Foundation COO Maria Belinda de la Paz, together with VP/Human Resources Group Head Stella A. Fulgencio, VP/Marketing Group Head Charina D. Balanquit and Haribon’s Constituency and Resource Development manager Arlie Jo B. Endonila, sign an agreement to support and promote their environmental advocacies together. UCPB has partnered with Haribon Foundation to donate seedlings which the non-government organization will be planting at two protected areas in Nagcarlan, Laguna. The foundation, which was represented by its chief operating officer Maria Belinda de la Paz and constituency and resource development manager Arlie Jo B. Endonila, currently works at restoring a portion of the Mts. Banahaw and San Cristobal Protected Area in Nagcarlan, Laguna.… Read more.

UCPB waives all transaction fees for UCPB Mobile Phone Banking App

UCPB waives all transaction fees for UCPB Mobile Phone Banking App

Starting January 11, 2017, all fees for transactions done through the UCPB Mobile Phone Banking App will be waived. The Bank has made free all transactions done on its Mobile Phone Banking App as part of its commitment to make its electronic banking services more accessible to all its clients. “We’ve seen how more and more of our clients get accustomed to using the Bank’s Mobile Banking App for their banking needs wherever they are. Waiving all the fees is our way of thanking them for their loyal patronage. At the same time, it is also our way of encouraging more clients to use the UCPB App” said UCPB Vice President and Marketing Group Head Charina de la Cruz-Balanquit. The… Read more.

UCPB announces appointment of new members to Bank’s board, advisory council

UCPB announces appointment of new members to Bank’s board, advisory council

UCPB has announced the appointments of two new members of its Board of Directors, and another member to its Advisory Council. The Bank has disclosed the appointments of lawyers David P. Corpin and Filemon S. Cimafranca Jr. to its Board of Directors, and Finance Undersecretary Karen G. Singson to the Bank’s Advisory Council. Atty. Corpin takes the seat of Atty. Karlo Marco P. Estavillo, while Atty. Cimafranca replaces Imelda S. Singzon. Atty. Estavillo and Ms. Singzon had tendered their resignation to the board. “We welcome the new Board appointments as we look forward to the new ideas and perspectives of Atty. Corpin and Atty. Cimafranca. On the other hand, the Bank will certainly benefit from the vast experience of Undersecretary… Read more.

UCPB’s nine-month profit up 45 percent to P2.88 billion

UCPB’s nine-month profit up 45 percent to P2.88 billion

UCPB sustained its performance in the first nine months of the year, growing its bottom line by 45 percent on the back of robust demand for consumer loans and steady cost management efforts. Net income for the January-to-September period stood at P2.88 billion as net interest income rose 15 percent to P7.21 billion. “Appetite for consumer loans continues to grow as well as our deposits. We are on track to meet our targets this year, and we thank our customer for their continued trust in the Bank,” UCPB President and CEO Higinio O. Macadaeg Jr. said. Loans grew by 17 percent to P136 billion, attributed to the double-digit growth in consumer loan bookings and corporate loans. Consumer loans posted an… Read more.

UCPB gets BSP nod to enter into bancassurance business

UCPB gets BSP nod to enter into bancassurance business

UCPB has secured an approval from the Bangko Sentral ng Pilipinas (BSP) to cross-sell insurance products through its branches nationwide. The bancassurance license granted by the BSP recently allows UCPB to offer life and non-life insurance products of its initial insurance partners – the United Coconut Planters Life Assurance Corp. (Cocolife) and the UCPB General Insurance Company, Inc. (UCPB GEN). “We welcome this good news from the BSP which allows us to expand and complete our product offering, consistent with our promise to deliver distinct personal and proactive service to our clients. Our clients will now have more options to protect their funds and secure a good future through the various insurance products of our partners.” UCPB President and CEO… Read more.

UCPB announces appointment of new President, Board member

UCPB announces appointment of new President, Board member

UCPB has announced the appointment of its Executive Vice President and Corporate and Consumer Banking Group Head Higinio “Joey” O. Macadaeg, Jr. as the Bank’s new President and CEO after the five-year stint of Mr. Jeronimo U. Kilayko. Mr. Kilayko has led UCPB since 2011 during which the Bank consistently posted a positive performance due to the robust growth of its core businesses. This year, UCPB’s net income increased for the first nine months by 45 percent to P2.88 billion. He previously held the position of Chairman and CEO of UCPB from 1998 to 2002. He will stay on as a Director of the UCPB Board. “I am very thankful to have served the Bank and its clients for the… Read more.

UCPB ties up with seafarers training center for financial literacy awareness

UCPB ties up with seafarers training center for financial literacy awareness

Seafarers join their resource speakers for a photo opportunity after the day-long seminar at Mariners Polytechnic Training Center in Manila. UCPB representatives spoke at the event to introduce the Bank’s products and services that seafarers will find useful for their banking needs. UCPB recently supported a government-mandated training for seafarers organized by the Mariners’ Polytechnic Training Center to keep seafarers updated on the Standards of Training, Certification and Watchkeeping for Seafarers(SCTW). Around 30 crewing and manning agencies’ managers attended the event, titled “SCTW Updates and the Philippine Maritime Administration: Practical Application for Seafarers/Crewing,” which was held last September 1, 2016 at Marc 1 Building, Taft Avenue, Manila. The course is mandatory for all seafarers. As part of its advocacy on… Read more.

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Recent Articles

ADVISORY: Local Holidays

Please be advised of the following local holidays and the UCPB branches that will be closed: Saturday, March 25, 2017 – Legaspi and Naga branches, due to a company event Monday, March 27, 2017 – Annapolis, Greenhills, and N. Domingo branches (San Juan City Day – Proclamation No. 146) Saturday, April 8, 2017 – Batangas, Iligan, Laguna, Legaspi, Naga, P. Paterno, and SM City Cebu branches, due to a company event Our ATMs and electronic banking facilities are available even during holidays. Thank you. Read more.

eGov System Upgrade for PhilHealth EPRS

Please be informed that BancNet will be upgrading its e-Gov system to fully comply with the technical specifications of its interface with PhilHealth’ s Electronic Premium Remittance System (EPRS). Read more.

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