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UCPB president quits for ‘personal reasons’

UNITED Coconut Planters Bank (UCPB) President and CEO Higinio O. Macadaeg, Jr. has resigned for “personal reasons,” the state lender said in an emailed statement on Friday.

Moody’s upgrades UCPB deposit rating

MOODY’S Investor Service has raised United Coconut Planters Bank’s (UCPB) foreign currency deposit rating by two notches and kept its outlook stable.

UCPB sees continued card usage growth

UNITED COCONUT Planters Bank (UCPB) expects card usage to grow further as electronic payment adoption in the country increases.

UCPB income slips in first nine months

THE United Coconut Planters Bank (UCPB) saw its net income slip as of the third quarter as it reeled from lower trading gains and higher borrowing costs.

UCPB unit lending to coconut farmers declines nearly 32%

UCPB-CIIF Finance and Development Corp. said livelihood loan disbursements to small coconut farmers declined in the third quarter.

UCPB launches PESONet fund transfer service

UNITED COCONUT PLANTERS BANK (UCPB) has launched the Philippine Electronic Fund Transfer System and Operations Network (PESONet) service on its mobile application, allowing clients to transfer funds electronically.

UCPB first-half profit little changed on increased provisions

UNITED Coconut Planters Bank (UCPB) said net profit was flat in the first half with operating income growth tempered by higher provisioning for loan losses.

UCPB net income flat in first half

United Coconut Planters Bank (UCPB) saw its net income flat in the first half of the year as its operating income growth was tempered...

UCPB net earnings go up in Q1 on growth in core...

By Melissa Luz T. Lopez, Senior Reporter THE UNITED Coconut Planters Bank (UCPB) saw its net income surge by a fifth during the first quarter,...

UCPB completes bank card, ATM migration to EMV standard

THE United Coconut Planters Bank (UCPB) has completed a process of upgrading bank cards and automated teller machines (ATMs) to a microchip-based technology, months...

UCPB offers ATM insurance coverage

THE United Coconut Planters Bank (UCPB) has started offering insurance coverage for automated teller machine (ATM) transactions to its depositors amid an industry-wide push...

UCPB welcomes gov’t plan to sell its stake

THE UNITED Coconut Planters Bank (UCPB) welcomed the government’s plan to push through with the bank’s privatization, saying this would improve its competitiveness. “This will...

IC requests BSP help for UCPB-Provident probe

THE Insurance Commission (IC) has asked the central bank to help investigate the United Coconut Planters Bank (UCPB) for alleged negligence in protecting the...