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.
Aboitiz-owned Union Bank of the Philippines (UnionBank) continues to support micro, small, and medium enterprises (MSMEs) by joining the launch of PalengQRPH at the Tagbilaran Market in Tagbilaran City, Bohol.
The European Chamber of Commerce of the Philippines (ECCP) expects stronger trade and investment flows after the European Union and the Philippines formally elevated their relationship to an Enhanced Partnership, a move that adds momentum to ongoing negotiations for a bilateral free trade agreement.
AC Mobility is accelerating its electric vehicle ambitions by expanding far beyond car sales, positioning itself as an integrated mobility company that combines charging infrastructure, renewable energy, financing and fleet services to make EV ownership more practical for Filipino consumers.
The Philippine Tour Operators Association (PHILTOA) is reshaping its vision for the country's tourism industry around four priorities—sustainability, digitalization, inclusivity and wellness—as shifting traveler expectations redefine what makes destinations competitive.
HD Hyundai has launched the first vessel built at its Subic shipyard, marking the start of full-scale shipbuilding operations in the Philippines and signaling renewed confidence in the country's bid to regain its footing as a regional maritime manufacturing hub.