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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Palace says pork prices below February levels

Pork prices in public markets are generally lower than their February 16, 2026 levels, Malacañang said Thursday, citing Department of Agriculture (DA) data amid concerns over the cost of meat.

BIR collections rise 5.6% to P2.81T, eyes P3T by November end

The Bureau of Internal Revenue (BIR) collected P2.814 trillion in taxes from January to October 2026, up 5.63 percent from a year earlier, and expects to breach the P3-trillion mark before November ends.

Ayala Malls Nuvali opens expansion with 1,000 parking slots, new retail

Ayala Malls Nuvali opened its three-level expansion on November 12, adding more than 1,000 parking slots, new retail and dining options, and a one-kilometer landscaped greenway as the mall strengthens its appeal as a lifestyle destination in Laguna.

CPG profit climbs 11.4% on wider margins, tax savings

Century Properties Group Inc. (CPG) grew its nine-month net income by 11.4 percent to P2.35 billion as wider operating margins and tax savings from its merger with PHirst Park Homes Inc. offset softer revenues.

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