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.
GMA Network Inc. has filed a request with the National Telecommunications Commission (NTC) to push back the scheduled analog television shutdown, saying key rules for a government support program meant to protect households are still not in place.
Philippine business and labor groups are urging the government to reduce the country’s exposure to China by diversifying suppliers, expanding trade links and rebuilding domestic manufacturing capacity, warning that diplomatic friction can quickly become an economic problem.
The Department of Transportation has deployed three extra train sets for the Metro Rail Transit Line 3 starting Monday to boost capacity and ease crowding as Metro Manila braces for heavier holiday‑season commuter traffic.
The Department of Tourism is tapping the drawing power of BINI and actor Alden Richards to promote Philippine destinations, linking pop culture with regional diplomacy, heritage and cycling tourism.