Merger of LBP Leasing and Finance Corporation and UCPB Leasing and Finance Corporation
File/Ref. No. FSD VIII-2025-03-0119a-FSD8-M-ODG OFFICE OF THE DEPUTY GOVERNOR FINANCIAL SUPERVISION DEPARTMENT VIII 014 CIRCULAR LETTER NO. CL-2025-___ To : All BSP-Supervised Financial Institutions Subject : Merger of LBP Leasing and Finance Corporation and UCPB Leasing and Finance Corporation The Securities and Exchange Commission (SEC) approved on 28 February 2025 the Articles of Merger and the Plan of Merger executed on 11 December 2024 and 18 October 2024, respectively, by and between LBP Leasing and Finance Corporation (LBPLC), surviving corporation, and UCPB Leasing and Finance Corporation (ULFC), absorbed corporation, whereby the entire assets and liabilities of ULFC will be transferred to and absorbed by LBPLC. The merger took effect on 01 March 2025. For information and guidance. Digitally signed by Chuchi G. Fonacier Date: 2025.03.26 13:27:51 +08'00' CHUCHI G. FONACIER Deputy Governor 26 March 2025 ___ FSS Licensing Form No. 02-018 * Version 1 * Updated 31 July 2024
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