• Apr 03 2025

    SEC approves merger of LandBank, UCPB units

    ByFintech Alliance.Ph InNews

    The Philippines’ Securities and Exchange Commission (SEC) approved the merger of Land Bank of the Philippines subsidiaries, LANDBANK Leasing and Finance Corporation (LLFC) and UCPB Leasing and Finance Corporation (ULFC), with LLFC as the surviving entity.

    Operational turnover and transition activities followed the SEC approval, LandBank said in a statement.

    The merger, authorized by President Ferdinand Marcos…