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.
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.
The Government Service Insurance System has set aside ₱520.08 million in emergency loans to assist 21,153 eligible active members, old-age pensioners, and disability pensioners affected by separate crises in Bagulin, La Union and the entire Province of Negros Occidental.
The Department of Trade and Industry (DTI) is setting aside P1 billion to help young Filipinos turn business ideas into viable enterprises through a new financing program that removes one of the biggest barriers facing first-time entrepreneurs, access to capital.
The Bank of the Philippine Islands has partnered with ride-hailing platform Green GSM to make eco-friendly commuting easier and more accessible for Filipino commuters.
ACMobility and Shell Pilipinas Corp. are accelerating the rollout of electric vehicle (EV) charging infrastructure with eight new fast-charging hubs at Shell Mobility stations, expanding the country’s charging network and making long-distance electric travel more practical for Filipino motorists.