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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DOT targets up to 7 million tourist arrivals in 2026

The Department of Tourism (DOT) is targeting 6.4 million to 6.8 million international visitor arrivals for full-year 2026, with a stretch goal of reaching seven million, as expanded visa-free access for Chinese tourists could help sustain the Philippine tourism recovery amid geopolitical tensions and higher fuel costs.

Nissan Philippines previews Navara hybrid, Primera EV

Nissan is reinforcing its commitment to the Philippine market as it prepares to broaden its electrified vehicle lineup, giving customers an early look at two upcoming models at Nissan DARE ahead of their availability on Nov. 6.

Parqal gives pets their own space, too

Parqal has opened Pawgrounds, a dedicated pet park giving dogs and their owners space to walk, play, and socialize as pets become an increasingly visible part of Filipino leisure time.

Jobstreet expands free hiring tools for MSMEs

Nearly half of Filipino micro, small, and medium enterprises (MSMEs) are facing a talent crunch even as most plan to expand their workforce, prompting Jobstreet by SEEK to widen access to free digital recruitment tools for smaller businesses.

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