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.
Boracay is positioning itself for another wave of investment as rising tourist arrivals fuel demand for hotels, retail, entertainment, and other businesses, with a P3-billion development led by businessman Kevin Wong emerging as one of the island’s latest major projects.
VinFast is positioning the Philippines as the first international market for its all-new VF 8 electric SUV, signaling growing ambitions in Southeast Asia’s increasingly competitive electric vehicle (EV) sector.
The Energy Regulatory Commission (ERC) has released the guidelines extending the suspension of power service disconnections through the end of December 2026 for qualified low-income residential consumers, balancing immediate household relief with strict settlement conditions for distribution utilities.
The Department of Agriculture is strengthening its partnership with local government units and private stakeholders to scale up ube production, meet rising global demand, and create more export opportunities for Isabela farmers.