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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LTFRB probes motorcycle taxi platform over alleged excess rider registration

Transport & Logistics 0
The Land Transportation Franchising and Regulatory Board (LTFRB) is investigating one of the country’s motorcycle taxi platform operators accused of enrolling more riders in its system than the government has approved. In an official statement, the agency confirmed that legal proceedings are ongoing, which limits what additional details it can share about the case.

Alternergy moves 64-MW Alabat wind farm into generation

Energy & Mining 0
Alternergy Holdings Corp. has started generating electricity from its 64-megawatt Alabat Wind Farm in Quezon Province, bringing the project closer to commercial operations and giving the renewable energy developer an early revenue stream ahead of full commissioning.

Meralco launches media literacy drive as misinformation risks grow

Corporate Bulletins 0
Manila Electric Co., the listed power company led by Manuel V. Pangilinan and more popularly-known as Meralco, has launched its own media and information literacy initiative, urging employees and stakeholders to apply greater scrutiny to the information they consume and share as misinformation becomes harder to separate from legitimate news.

AI helps ad agency uncover what moves consumers

Communications & Technology 0
AdSpark is using artificial intelligence to help brands better understand Filipino consumers, turning data and local insights into smarter marketing strategies. Working with Predikta by Netopia AI, the platform simulates audience responses so brands can refine campaigns before launch. The system was validated by checking 200 past campaigns, confirming it reliably predicts real-world results.

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