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LandBank says merger with UCPB completed

LAND Bank of the Philippines (LandBank) on Tuesday said that it had successfully completed its merger with United Coconut Planters Bank following the integration of the latter's branches and accounts with no major operational disruption.

Conversion activities for 188 UCPB branches and over 495,000 accounts started on July 9, 2022 and were completed on Feb. 25, 2023, ahead of a March 1, 2023 deadline set by the Bangko Sentral ng Pilipinas.