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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 had stints at Standard Chartered Bank, Solidbank and PSBank.

Mr. Aguirre finished his Business Management degree, cum laude, at the Ateneo de Manila University.

“Gerard brings with him a wealth of experience, and I am confident he will carry on the success that Bong Magalong has done at ULFC. Welcome to the UCPB Family, Gerard,” said UCPB President and CEO Higinio O. Macadaeg, Jr.

Established in 1989, ULFC engages primarily in leasing assets or equipment to enterprises so clients need not provide too much capital outlay or spend on chattel mortgage fees to expand their businesses. Companies involved in the trading of products can also make their businesses more attractive by offering lease facilities to their clients through ULFC.

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For more information, please contact
UCPB Trust Banking Group:
(02) 811-9520, 811-9515, or 811-9541

Customer Advisories

ADVISORY: Local Holidays

Please be advised of the following local holidays and the UCPB branches that will be closed:

Friday, March 16, 2018 – Bajada, Magsaysay, Palma Gil, and San Pedro branches (Araw ng Dabaw – Republic Act No. 7551)
Monday, March 19, 2018 – Bajada, Magsaysay, Palma Gil, and San Pedro branches (Araw ng Pasasalamat – Proclamation No. 439)
Wednesday, March 21, 2018 – Calapan branch (20th Founding Anniversary of the Province of Oriental Mindoro – Malacañang Proclamation No.

Our ATMs and electronic banking facilities are available even during holidays. Thank you.

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In our eStatement advisory regarding Updates on Current Accounts, we wrote: “Checkbook fee for UCPB Regular Checks, Multi-One and Perks has been adjusted effective January 15, 2018, as follows: Personal Checks (50 pcs. per checkbook) from Php175 to Php200 and Commercial Checks (100 pcs. per checkbook) from Php350 to Php500.” The updated fee for Personal Checks (50 pcs. per checkbook) should have been Php250 instead of Php200. We deeply apologize for error and confusion this may have caused. Read more.

System Maintenance Schedule: March 10, 2018 (11pm-12mn)

Please be advised that the following electronic banking channels will not be available on March 10, 2018 (Saturday) from 11:00 PM to 12:00 MN: UCPB Connect ATMs (UCPB cardholders will also not be able to transact in other banks’ ATMs) Mobile Phone Banking Point-of-Sale (POS) Terminals e-Commerce transactions (online purchases via VISA and Bancnet) CM.Biz My 1Time Payment Kindly schedule your transactions before or after the scheduled maintenance. We apologize for the inconvenience this may cause. We are doing this to ensure consistent and improved service delivery for you. Thank you. Read more.

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