Tag: UnionBank

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UnionBank profit rebounds in 2H

Banking & Insurance Context.ph Context.ph -
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.

UnionBank net profit surges in 3Q

Banking & Insurance Context.ph Context.ph -
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...

UnionBank to inject P1.5B into CitySavings

Banking & Insurance Context.ph Context.ph -
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

Corporate Context.ph Context.ph -
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

Banking & Insurance Context.ph Context.ph -
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.
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SMX visitor traffic jumps 18% as events recover

Property 0
SMX Convention Centers is expanding its footprint as the Philippine business events industry gathers momentum, with visitor traffic rising 18 percent in the first half of 2026 and new venues in Cebu and Metro Manila set to add capacity.

URC opens P2.75-billion Batangas Mega Plant

Corporate 0
Universal Robina Corp. (URC) has inaugurated a P2.75-billion manufacturing complex in Malvar, Batangas, expanding its production capacity as the Filipino food company seeks to meet rising demand at home and strengthen its position in export markets.

MAP calls for tougher power rules to cut costs

Energy & Mining 0
The Management Association of the Philippines (MAP) is pressing the government for deeper power sector reforms, arguing that lowering electricity costs will require more than trimming system loss charges and should include tougher enforcement, performance-based regulation, and stronger energy efficiency measures.

EDCOM 2 launches early childhood dashboard to guide localized child development action

Education, Health & Science 0
The Second Congressional Commission on Education (EDCOM 2) has launched the Early Childhood Dashboard, a digital platform co-developed with Ayala Corporation’s AC Analytics team to provide accessible data for improving early childhood outcomes across the Philippines.

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