Tag: UnionBank

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UnionBank profit rebounds in 2H

Banking & Insurance Context.ph Context.ph -
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

Banking & Insurance Context.ph Context.ph -
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

Banking & Insurance Context.ph Context.ph -
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

Corporate Context.ph Context.ph -
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

Banking & Insurance Context.ph Context.ph -
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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From poachers to protectors: Candon leads sea turtle conservation

Environment 0
Coastal communities in Candon City, Ilocos Sur have shifted from poaching endangered pawikan eggs for ₱30 each to guarding nests and hatchlings. The Philippines hosts five globally threatened sea turtle species—all on the IUCN Red List, with hawksbills classified as Critically Endangered. Habitat loss, illegal harvesting, bycatch, pollution, and climate change continue to threaten their survival.

iPeople targets 200,000 students with global expansion push

Exclusive 0
iPeople, the listed Yuchengco-Ayala education joint venture, is pursuing an expansion strategy built around international partnerships, new campuses and facilities, sustainability-focused programs, and deeper artificial intelligence integration as it aims to nearly triple its student population to 200,000.

EV industry seeks incentives through 2040

Transport & Logistics 0
The electric vehicle industry is pushing the government to extend fiscal and non-fiscal incentives through 2040, saying a longer policy runway is needed to drive wider adoption and support the country’s long-term electrification targets.

Toyota PH hits 1.2M vehicles as localization deepens

Transport & Logistics 0
Toyota Motor Philippines Corp. (TMP) has produced more than 1.2 million vehicles locally in 38 years, building a manufacturing base that is allowing more specialized automotive work, supplier activity, and value creation to take place in the Philippines.

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