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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We have basketball at home

Life Sport 0
Filipinos have never really needed an invitation to love basketball. Give us a hoop, a ball, and approximately four square meters of concrete and we will figure out the rest. There is no requirement for proper flooring, air-conditioning, seating, parking, or even a complete understanding of the rules. Someone will keep score. Someone will call a phantom foul. Someone will bend the rules to ridiculous proportions in plain sight. So when the National Basketball Association brought basketball to the Philippines once again, nobody complained. After all, Filipinos have been quite willing to make room for basketball for decades. We simply cleared a little more space.

Underwater solar cells reach 10 meters deep

Education, Health & Science 0
A solar panel that works underwater sounds like the sort of thing a fish might invent after getting tired of waiting for Wi-Fi. But researchers have now shown that the idea is more than a science-fiction prop.

ASEAN business group urges ministers to turn gains into jobs

Top News 0
The Association of Southeast Asian Nations’ private sector is pressing economic ministers to turn years of regional integration into actual business opportunities, investments and jobs, with easier trade rules and stronger support for micro, small and medium enterprises (MSMEs) at the center of its agenda.

Damosa expands Samal hospitality push as hotel sales surge

Travel & Tourism 0
Damosa Land Inc. is stepping up its hospitality investments in Samal Island, with its upcoming 100-room TRYP by Wyndham Samal already 90 percent sold as the developer positions for rising tourism demand and better connectivity with Davao City.

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