Tag: UnionBank

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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.

UnionBank techs up Tagbilaran Bohol MSMEs with PalengQRPH

Aboitiz-owned Union Bank of the Philippines (UnionBank) continues to support micro, small, and medium enterprises (MSMEs) by joining the launch of PalengQRPH at the Tagbilaran Market in Tagbilaran City, Bohol.

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Emirates backs Clark’s rise as global aviation gateway

Clark International Airport is strengthening its partnership with Emirates as it pushes to become a bigger international gateway for tourism, trade and investment outside Metro Manila.

PH foreign reserves stand firm at $104.7B, shielding economy from external shocks

The countey’s financial armor remains robust as the nation's gross international reserves (GIR) held steady at $104.7 billion as of the end of June 2026. This vast stockpile of foreign currency and gold plays a vital role in everyday economic life, acting as the country's ultimate financial safety net to ensure it can smoothly buy essential goods from abroad and pay off international debts.

PAL modernizing fleet with major Boeing Dreamliner order

The Philippine Airlines is set to significantly upgrade its long-haul operations after announcing the acquisition of 15 fuel-efficient Boeing 787-10 Dreamliner jets, with an option to purchase five more.

P96.7-M ice plant at Bulan fish port set to boost Bicol fisheries

The Department of Agriculture (DA) has announced the construction of a P96.7 million ice plant at the Bulan Fish Port Complex in Sorsogon, designed to lift production and incomes across the Bicol Region’s fisheries sector. Unveiled in a statement on Monday, the facility can produce 60 metric tons of ice daily and store up to 120 metric tons, aimed at keeping catch fresh, cutting post-harvest waste, and strengthening the entire fisheries value chain.

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