The United Coconut Planters Bank, more popularly known by its initials, UCPB, or by its old name, Cocobank, was a government-controlled and was one of the largest banks in the Philippines, ranking within the top twenty banks in the country in terms of assets. It is the only existing universal bank not listed on the Philippine Stock Exchange. The bank, owing to its name, catered heavily to coconut farmers, but also served a wide-ranging clientele. In July 2020, the Philippine government raised its stake with the bank to 97%, thus resulting for its conversion to a government controlled bank. More information...
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