UCPB: Landbank: Merger with UCPB to give "more robust support" to agri sector

MANILA, Philippines---State-run Land Bank of the Philippines (Landbank) on Monday (Feb. 28) said its merger with United Coconut Planters Bank (UCPB) taking effect on Tuesday (March 1) will benefit the agriculture sector the most. "Landbank's union with UCPB advances the government's development agenda to support the agriculture sector through a stronger, more resilient and unified banking institution," said Cecilia Borromeo, Landbank president and CEO. "The merger places us in a better position to reach and service more farmers, fishers and other players in the agribusiness value chain nationwide," Borromeo said. The merger will "provide a more robust support to the country'...Keep on reading: Landbank: Merger with UCPB to give "more robust support" to agri sector