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.
Filipinos’ growing use of financial apps has moved cybersecurity from back-end concern to central user experience, Maya executives said at the BusinessWorld Cybersecurity Summit. This shift reshapes industry practices, customer expectations, and regulatory needs.
PLDT Inc. and its wireless subsidiary Smart Communications Inc. have blocked more than 100 websites found streaming or hosting footage of school shootings and other acts of extreme violence, moving to shield users from harmful and disturbing online material.
The Philippines lifted 6.5 million Filipinos out of poverty in just two years, pushing the national poverty rate down to a record-low 9.7 percent in 2025 and allowing the government to hit its single-digit target three years ahead of schedule.
Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona, Jr. and his counterparts from the East Asia and Pacific region have pledged to deepen cooperation on shared challenges facing financial systems, advancing key initiatives to bolster consumer safeguards and guide responsible artificial intelligence (AI) adoption across the industry.