Regulatory Alerts2026-01-27
CL-2026-005: Merger of ATRAM Trust Corporation and Unionbank Investment Management and Trust Corporation
The Bangko Sentral ng Pilipinas issued Circular Letter CL-2026-005 to inform all supervised financial institutions of the merger between ATRAM Trust Corporation and Unionbank Investment Management and Trust Corporation. The Securities and Exchange Commission approved the merger on January 9, 2026, designating ATRAMTC as the surviving entity and UBIMTC as the absorbed corporation. This circular serves as official guidance regarding the effective date and structural changes resulting from the transaction.
Page 1 of 1 OFFICE OF THE DEPUTY GOVERNOR FINANCIAL SUPERVISION SECTOR CIRCULAR LETTER NO. CL-2026-__ To : All BSP-Supervised Financial Institutions Subject : Merger of ATRAM Trust Corporation (ATRAMTC) and Unionbank Investment Management and Trust Corporation (UBIMTC) with ATRAMTC as the Surviving Trust Corporation The Securities and Exchange Commission (SEC) approved on 09 January 2026 the Articles of Merger and the Plan of Merger executed on 18 July 2025 by and between ATRAM Trust Corporation (ATRAMTC), the surviving trust corporation, and Unionbank Investment Management and Trust Corporation (UBIMTC), the absorbed trust corporation. The merger took effect on 09 January 2026. For information and guidance. JUDITH E. SUNGSAI Sector-in-Charge 27 January 2026