Tag: UnionBank

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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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Asialink Finance secures ₱500M funding for underserved sector support

Asialink Finance Corp. (AFC) has obtained a ₱500 million sustainability-linked social facility from Cathay United Bank. The funding will let AFC expand loans to rural micro, small, and medium enterprises (MSMEs), unbanked individuals, and women-owned businesses — key drivers of local employment and economic resilience.

Regulators push credit-linked parametric insurance to boost climate-resilient lending

The Bangko Sentral ng Pilipinas (BSP) and Insurance Commission (IC) said that combining parametric insurance with loans can expand financing to climate-vulnerable sectors like agriculture, fisheries, and micro, small, and medium enterprises (MSMEs), while strengthening the financial system’s ability to manage risks.

Fewer babies, weddings reshape Philippine economy

The Philippines is producing fewer babies, hosting fewer weddings, and recording fewer deaths,  a demographic trifecta that economists say could gradually reshape consumer spending, labor markets, and long-term economic growth.

Chinese firm backs push for Philippine EV brand

A Chinese automotive engineering company is exploring a partnership to help develop a Philippine electric vehicle (EV) brand, signaling fresh momentum behind Manila’s drive to localize the country’s fast-growing EV industry.

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