Tag: UnionBank

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UnionBank profit rebounds in 2H

Banking & Insurance Context.ph Context.ph -
Union Bank of the Philippines, the country’s 10th largest lender by asseets, closed 2025 with net income of P10.0 billion, as second half earnings more than doubled, rising 108 percent from the first half. The rebound was driven largely the bank’s lending activity, including the acquired Citi consumer business, which gained traction through the year.

UnionBank net profit surges in 3Q

Banking & Insurance Context.ph Context.ph -
Union Bank of the Philippines (UnionBank), the country’s 10th largest lender by assets, posted a third-quarter net income of P3.2 billion, a 77 percent...

UnionBank to inject P1.5B into CitySavings

Banking & Insurance Context.ph Context.ph -
Union Bank of the Philippines, the banking arm of the Aboitiz Group, has approved a capital infusion of up to P1.5 billion into its thrift bank subsidiary, City Savings Bank Inc. (CitySavings), to support the latter’s continued expansion and operational needs.

UnionBank fintech unit CEO resigns, transition plan underway

Corporate Context.ph Context.ph -
UBX Philippines, the fintech subsidiary of Union Bank of the Philippines, said that its president and chief executive officer John Januszczak has resigned, effective June 16, 2025. 

UnionBank launches P10B bond offer

Banking & Insurance Context.ph Context.ph -
Union Bank of the Philippines, the country’s 9th largest lender by assets, began the public offering on Wednesday of its latest debt securities—aiming to raise at least P10 billion to support funding needs.
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Nestlé seeks evidence before higher sugar taxes

Economy 0
Nestlé Philippines is urging the government to take a data-driven, consultative approach to any increase in the tax on sugar-sweetened beverages, arguing that higher levies should be judged by whether they actually improve Filipinos’ health.

Philippine ube finds sweeter market in Japan

Agriculture 0
Philippine ube is making a deeper mark in Japan, where its vivid purple color and distinctive flavor are turning the humble root crop into an increasingly versatile ingredient for chefs, cafés, and food makers.

U.S. dairy trade group targets PH market via high-value, affordable nutrition

Agriculture 0
Rising demand among Filipino consumers for affordable, high-nutrition food and beverages is opening major commercial opportunities for dairy ingredients, according to insights shared at an industry trade seminar hosted by the U.S. Dairy Export Council (USDEC).

Japan poultry imports resume as DA lifts disease ban

Agriculture 0
The Department of Agriculture (DA) has lifted the import ban on domestic and wild birds from Japan, including day-old chicks and hatching eggs, after confirming the country is free of highly pathogenic avian influenza.

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