Tag: UnionBank

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UnionBank profit rebounds in 2H

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

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

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

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

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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InLife moves to close Filipinos’ healthcare gap

Rising medical costs are putting more Filipinos at risk of a healthcare funding crunch, prompting Insular Life Assurance Co. Ltd. (InLife) to expand its health insurance offering for families seeking broader financial protection.

Citizen science turns Pasig River plastic into data

The Pasig River has long been a poster child for Metro Manila’s plastic problem. Now, scientists are asking residents to become part of the solution, one wrapper, bottle, and sachet at a time.

Prime Media adds two legal experts as directors

Prime Media Holdings Inc. has elected two seasoned lawyers as independent directors, strengthening its board with expertise in governance, constitutional law, litigation, and public policy.

Central Visayas pushes PPP pipeline for infrastructure

Public and private sector leaders are pushing for a stronger pipeline of public-private partnership (PPP) projects in Central Visayas, as local governments seek to accelerate infrastructure delivery under the Philippine PPP Code.

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