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.
Subsidiaries of ACEN Corp., the listed renewable energy arm of the Ayala Group, have voluntarily relinquished two solar energy operating contracts in Quezon and Zambales, citing land acquisition and site access constraints that affected the projects’ development.
The Philippine automotive market could shrink by 1 percent to 2 percent in 2026 before returning to growth in 2027, according to Toyota Motor Philippines (TMP), as weaker sales in the first seven months weigh on the industry’s near-term outlook.
Intellectual property filings in the Philippines are continuing to grow year-on-year even as seizures of counterfeit goods decline, suggesting a shift in the country’s enforcement landscape as physical markets lose prominence and online platforms face tighter scrutiny.
Samsung Electro-Mechanics Philippines (SEMPHIL) is preparing two additional manufacturing investments in Laguna, adding to its previously announced USD1-billion expansion as the electronics industry responds to rising demand for components used in automotive systems, artificial intelligence and high-performance computing.