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Urban Bank
Company type
Defunct; later became part of Export and Industry Bank (also defunct)
Industry
Finance and insurance
Founded
Pasig, Philippines (1980)
Defunct
2001
Headquarters
Makati, Philippines
Key people
Fidel V. Ramos (chairman emeritus)
Arsenio M. Bartolome III (chairman)
Teodoro C. Borlongan (president and CEO)
Products
Financial services
Revenue
P27.2 million PHP (1999) [1]
Number of employees
600 (at closure)
Website
http://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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