UCPB ’12 profit up by 22%
By Doris C. Dumlao
United Coconut Planters Bank posted a net profit of P3.73 billion last year, 22 percent higher than the previous year, on higher interest earnings and extraordinary treasury gains.

United Coconut Planters Bank posted a net profit of P3.73 billion last year, 22 percent higher than the previous year, on higher interest earnings and extraordinary treasury gains.

United Coconut Planters Bank has obtained approval from the Securities and Exchange Commission to extend its corporate life by another 50 years to 2063, thus renewing its mandate to assist in national development, especially in the countryside.