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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Cagayan de Oro launches Project Swipe Safe for child online safety, backed by PLDT and Smart

Multi-sector partners are strengthening local defenses against online child risks, with PLDT and Smart donating mobile and connectivity gear to Xavier Science Foundation (XSF) for Project Swipe Safe—an initiative countering online sexual abuse and exploitation (OSAEC).

ShopeeVIP+ adds Netflix to subscription bundle 

Shopee is adding Netflix to its paid loyalty program in the Philippines, bundling entertainment with free shipping, shopping discounts, and digital services as it expands ShopeeVIP+ beyond e-commerce.

Mitsubishi Motors PH ranks among Batangas port’s top importers

Mitsubishi Motors Philippines Corp. contributed P9.05 billion to customs collections at the Port of Batangas in the first seven months of 2026, ranking among the port’s top three importers and accounting for more than 6.3 percent of its total collections.

UNIQLO expands Philippine footprint with bigger stores

UNIQLO is expanding its Philippine retail network with three new stores and three larger locations for Fall/Winter 2026, extending its reach into Mindanao, major transport hubs, and fast-growing residential markets.

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