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.
Subic EnerZone Corp., the AboitizPower-led electricity distributor at the Subic Bay Freeport Zone, is preparing network upgrades to accommodate rising power demand as the economic hub expands, following a 25-year extension of its partnership with the Subic Bay Metropolitan Authority (SBMA).
The Department of Agriculture encourages overseas Filipino workers (OFW) to look into agribusiness as a practical alternative source of income and sustainable livelihood for when they come back home to the Philippines.
President Ferdinand Marcos Jr. has vowed to use the government’s available foreign exchange reserves and policy tools to defend the peso against further depreciation, while acknowledging that surging oil prices and supply-side constraints continue to fuel inflation.
The Palawan Group of Companies (PGC) and Radiowealth Finance Company (RFC) are expanding their partnership to simplify loan disbursements and repayments, combining branch-based services with digital payments to reach more Filipino borrowers.