April 21, 2018 1:03 AM ET


Company Overview of United Coconut Planters Bank

Company Overview

United Coconut Planters Bank offers financial products and services to corporations, private and government institutions, middle market companies, small and medium-sized businesses, and individuals. It provides commercial banking services. Additionally, the bank offers consumer finance, commercial credit, corporate and investment banking, trust banking, domestic and international trade finance, treasury and money market investment, cash management, and deposit services. The bank also provides telephone and Internet banking services. United Coconut Planters Bank was founded in 1963 and is based in Makati City, Philippines.

UCPB Corporate Offices

7907 Makati Avenue

Makati City,  


Founded in 1963


63 2 811 9000


63 2 811 9119

Key Executives for United Coconut Planters Bank

Chief Executive Officer, President and Director
Age: 70
Chief Financial Officer, Head of Support Services Group and Executive Vice President
Head of Operations Group and Executive Vice President
Age: 69
President of UCPB Savings Bank
Executive VP and Head of Information & Technology Methods Group
Compensation as of Fiscal Year 2017.

United Coconut Planters Bank Key Developments

UCPB Might Get Privatized

Carlos G. Dominguez III, the Finance Secretary recently said that the Phillipines government would soon start the process of privatizing United Coconut Planters Bank. The government is looking to sell its 73.9% stake in UCPB, but has yet to bare concrete plans.

United Coconut Planters Bank Announces Earnings Results for the First Half Ended June 2017

United Coconut Planters Bank announced earnings results for the first half ended June 2017. The bank saw its bottom line grow double digits in the first semester on the back of strong consumer loans. The bank booked a PHP 2.01 billion net income in the first half, up 12% from the PHP 1.8 billion it posted in the same six months last year. This was coming from a PHP 958.13 million net income in the first quarter, which increased 3.11% from the PHP 929.19 million recorded in the same period in 2016. Net interest income for the January-June period was at PHP 5.47 billion, growing 16% from the PHP 4.72 billion booked in 2016.

THE UNITED Coconut Planters Bank Reports Earnings Results for the First Quarter of 2017

THE UNITED Coconut Planters Bank reported earnings results for the first quarter of 2017. For the quarter, the company’s net income stood at PHP 958.13 million, higher than the PHP 929.19 million recorded in the same year in 2016. Net interest income stood at PHP 2.64 billion, jumping by 16.7% compared to the PHP 2.26 billion recorded in 2016.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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