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From its modest beginnings to its present status as a strong player in the pre-need industry, Cocoplans has proven itself to be more than just a company that sells pension plans and education plans, but a partner to Filipino families in their quest for progress.
Filipinos may remember 1993 as the year the country was plunged into darkness by frequent power failures. However, for the United Coconut Planters Bank Group of Companies (UCPB Group), one of the largest financial services groups in the country, 1993 was the year the light first came on for a bright new venture. Cocoplans, Inc. was organized on May of that year, and was officially registered with the Securities and Exchange Commission on July 5.
Cocoplans began its operations on May of the following year, and was launched on October 18. Its first product: pension plans tailor made for Filipinos at different income levels.
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