Tag: UnionBank

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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.

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GCash wins top YouTube award as AI campaign drives loans

GCash emerged as the biggest winner at the YouTube Works Awards Philippines 2026, capturing the coveted Best of Philippines award with a campaign that turned creative storytelling and artificial intelligence into measurable business growth.

Forest policy targets P38T value, draws investors

The Department of Environment and Natural Resources (DENR) has issued Administrative Order 2026-34 to attract responsible, climate-smart investments to suitable forest lands.

SC dismisses VP Duterte impeachment petitions as moot

The Supreme Court on Wednesday dismissed the consolidated petitions filed by Vice President Sara Duterte and lawyer Israelito Torreon questioning the House of Representatives' handling of the impeachment complaints, ruling that the cases had become moot after the Articles of Impeachment were transmitted to the Senate. 

PH1 World tops off first expanded 4PH housing tower

PH1 World Developers has completed the first major construction milestone for its flagship project under the government's Expanded Pambansang Pabahay Para sa Pilipino (4PH) Program, signaling accelerating private sector participation in efforts to narrow the country's housing backlog.

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