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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Metro Manila air quality drops to unhealthy levels across all stations die to Indonesia haze 

The Department of Environment and Natural Resources — Environmental Management Bureau (DENR-EMB) confirmed Tuesday that fine particulate matter (PM2.5) reached unhealthy levels at every monitoring station in Metro Manila, driven by smoke and haze from ongoing forest fires in Kalimantan, Indonesia carried here by prevailing winds.

Agriculture damage from bad weather rises to P2.84 billion, more losses expected

Damage to the agriculture sector from the enhanced southwest monsoon and Tropical Cyclones Luis, Maymay, and Neneng has climbed to P2.84 billion, up from P2.32 billion just five days prior, the Department of Agriculture (DA) confirmed in its latest morning advisory on September 1

22nd Philippine Quill Awards and 12th Philippine Student Quill Awards Honor Excellence in Communication

The 22nd Philippine Quill Awards and the 12th Philippine Student Quill Awards recognized outstanding communication work, organizations, and emerging communicators, highlighting the breadth of communication excellence across the professional and academic communities.

Gen Z ber-months domestic Airbnb searches jump 25%, leading travel uptick

Airbnb Inc. reported a nearly 25 percent rise in Gen Z domestic search interest for ber-months check-ins, signaling strong early travel demand from younger Filipinos as the season begins.

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