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Urban Bank information


Urban Bank
Company typeDefunct; later became part of Export and Industry Bank (also defunct)
IndustryFinance and insurance
FoundedPasig, Philippines (1980)
Defunct2001
HeadquartersMakati, Philippines
Key people
  • Fidel V. Ramos (chairman emeritus)
  • Arsenio M. Bartolome III (chairman)
  • Teodoro C. Borlongan (president and CEO)
ProductsFinancial services
RevenueP27.2 million PHP (1999) [1]
Number of employees
600 (at closure)
Websitehttp://www.urbanbank.com

Urban Bank (PSE: UBI), also known by its initials (and ticker symbol) UBI, was a middle-sized bank in the Philippines. The bank, along with its two subsidiaries, declared a voluntary bank holiday for failing to meet withdrawals and was consequently closed by the Bangko Sentral ng Pilipinas and put under the mandatory receivership of the Philippine Deposit Insurance Corporation on April 26, 2000. It merged with Export and Industry Bank in 2001.[citation needed]

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