Tag: UnionBank

Browse our exclusive articles!

UnionBank profit rebounds in 2H

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

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

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

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

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.

Popular

Philippine exports seen beating forecasts despite tariffs

Philippine exports are poised to sustain double-digit growth this year and outperform government forecasts despite higher US tariffs and other external challenges, supported by strong first-half shipments and a broader mix of products and markets.

CREBA warns housing rules could slow projects

Housing regulations designed to speed up project development may instead squeeze developers’ cash flow and further slow housing production, according to Chamber of Real Estate and Builders’ Associations (CREBA) National Chairman Noel Cariño.

NAIA cargo recovery eases supply-chain risks 

Time-sensitive industries, led by semiconductors and electronics, welcomed the normalization of cargo operations at the Ninoy Aquino International Airport (NAIA), after congestion threatened production schedules, jobs, and revenues.

PTAA warns visa misuse could tighten travel rules

The Philippine Travel Agencies Association (PTAA) is urging Filipinos and travel agencies to practice truthful and responsible travel, warning that the misuse of tourist visas could lead to tighter requirements and greater immigration scrutiny for legitimate travelers.

Subscribe

spot_imgspot_img