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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BPIA, Trip.com team up for ASEAN Summit long weekend travel discounts

Bohol-Panglao International Airport (BPIA) has partnered with leading online travel agency Trip.com to give travelers special fare breaks for trips to and from Bohol this coming ASEAN Summit long weekend.

AirAsia PH slashes fares to P160 one-way in 10.10 sale; travel good through August 2027

AirAsia Philippines has launched its 10.10 promotional sale with one-way base fares starting at just P160 for both domestic and international flights, covering travel dates up to August 31, 2027.

DA seeks P300M more to expand ube production, clarifies raw export rule only targets planting materials

The Department of Agriculture is seeking an additional P300 million to kickstart expansion of the country’s ube industry, a move designed to at least double local output and meet fast-rising global demand for the popular purple tuber.

Meralco builds talent pipeline via BTCI partnership 

For an industry built on keeping the lights on, Manila Electric Co. (Meralco) is also thinking several years ahead.

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