LandBank-UCPB merger begins March 1

By Mayvelin U. Caraballo

Jan 27, 2022 12:12 am

LAND Bank of the Philippines (LandBank) and United Coconut Planters Bank (UCPB) announced on Wednesday that their merger will take effect on March 1 this year, after acquiring all necessary clearances.

The terms and conditions of the relevant Plan of Merger and Articles of Merger have been authorized by the board of directors of LandBank and the board of directors and stockholders of UCPB, the lenders said.

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