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.
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...
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.
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.
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.
PAGCOR-licensed digital entertainment platform Casino Plus has sealed a strategic content partnership with international game studio Peter & Sons, aiming to expand its offerings with global titles shaped to suit local tastes.
The Philippines is seeking to turn intellectual property into a financing and growth tool for small businesses, with the government and the World Intellectual Property Organization (WIPO) targeting at least 500,000 Filipino entrepreneurs under an expanded partnership.
Converge ICT Solutions Inc. reported minimal service impact after a Philippines‑Singapore submarine cable failure last Friday, as traffic was instantly shifted to alternate routes, chiefly the new Bifrost cable system. Most home and business users stayed connected, with only isolated issues accessing Singapore‑hosted sites and apps.
Geely Motor Philippines is preparing to expand its electrified vehicle lineup with the upcoming launch of the Monjaro EM-i, a D-segment plug-in hybrid SUV aimed at the growing local market for hybrid and electric vehicles.