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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Manila Water calls on customers to join October desludging drive to protect waterways, public health

Environment 0
Manila Water is calling on customers to join its October desludging schedule, advancing responsible wastewater management, community health, and cleaner local waterways.

EastWest widens EasyMobility, donates vehicles to boost community impact

Social Responsibility & Sustainability 0
EastWest has expanded its EasyMobility for Community Program, turning over vehicles to Our Lady of Guadalupe Minor Seminary and Jubilee Christian Academy to help both institutions reach more people and extend their vital work. This latest milestone follows earlier donations to groups in Cebu, Negros Occidental, and Davao.

BSP projects inflation higher in  September

Banking & Insurance 0
The Bangko Sentral ng Pilipinas expects headline inflation to settle between 6.4 percent and 7.4 percent for September 2026, pointing to persistent cost pressures that will continue to stretch consumer budgets and squeeze corporate margins.

PEZA targets robotics boom with new export cluster

Communications & Technology 0
The Philippines is positioning itself for a bigger role in the global robotics industry as the Philippine Economic Zone Authority (PEZA) assembles an export ecosystem spanning robot components, finished machines and the data powering physical artificial intelligence.

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