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.
The Department of Transportation (DOTr) is urging lawmakers to reinstate the P12.8-billion allocation meant to buy new train sets for Light Rail Transit (LRT) Line 2, after the fund was dropped from the 2027 budget proposal submitted to Congress.
The Philippines has opened a new channel for regional cooperation on infrastructure financing, private investment and job creation after convening the first dialogue between Association of Southeast Asian Nations (ASEAN) finance ministers and World Bank Group (WBG) President Ajay Banga.
The Bureau of Internal Revenue (BIR) has cautioned electronic invoicing service providers against charging excessive fees as businesses prepare for the government’s mandatory electronic invoicing system, with compliance due by December 31, 2026.