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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Treasury bill yields up as oil prices stoke inflation fears 

Banking & Insurance 0
Treasury bill yields rose across all maturities at Monday’s auction as surging oil prices fueled concerns over inflation and the prospect of further monetary tightening by the Bangko Sentral ng Pilipinas.

NCIP concurrence clears NSCR extension to New Clark City

Transport & Logistics 0
The proposed extension of the North-South Commuter Railway (NSCR) to New Clark City has cleared a key regulatory hurdle after securing concurrence from the National Commission on Indigenous Peoples (NCIP), advancing the project toward a feasibility study.

Globe builds digital, AI capabilities in growth boost drive across ASEAN

Communications & Technology 0
Globe is expanding digital and artificial intelligence infrastructure to support Philippine businesses expanding regionally and foreign firms entering the local market, aligned with the ASEAN Digital Economy Framework Agreement concluded May 2026.

GoTyme Bank launches remittance promo: Win flights home for overseas Filipinos

Banking & Insurance 0
GoTyme Bank, the Gokongwei-Tyme Bank joint venture, launched its new campaign Monday to reward Filipinos sending money home through the GoTyme app.

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