LBP-UCPB Merger and PDIC Share Acquisition

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EXECUTIVE ORDER NO. 142: LBP-UCPB Merger and PDIC Share Acquisition

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Title Supreme Court: LBP-UCPB Merger and PDIC Share Acquisition

Law: Executive Order No. 142

Decision Date: Jun 25, 2021

Rodrigo Roa Duterte approves the merger of the Land Bank of the Philippines and the United Coconut Planters Bank to enhance financial services for the coconut industry and promote economic stability, while facilitating the acquisition of special preferred shares from the Philippine Deposit Insurance Corporation.

merger

acquisition

executive order

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