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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Coins.ph, Bayad expand digital bills payment reach

Banking & Insurance 0
Coins.ph and Bayad are widening access to digital bills payment through a direct network integration that nearly doubles the number of billers available on the Coins.ph platform.

SEC clears Arthaland’s P3-billion preferred share offer

Corporate 0
The Securities and Exchange Commission has given the go-ahead to property developer Arthaland Corp. for its preferred share offering that could raise as much as P3 billion.

2027 budget keeps billions for confidential funds

Context Dispatch 0
The Marcos administration is seeking P10.773 billion for confidential and intelligence funds (CIF) in 2027, preserving billions for sensitive government operations even as the proposed allocation falls 8.8 percent below this year’s level.

CAAP: Davao Airport upgrades prioritize long-term service, temporary adjustments in place

Transport & Logistics 0
The Civil Aviation Authority of the Philippines (CAAP) has assured the public that passenger comfort remains a key priority as rehabilitation proceeds at Davao International Airport’s passenger terminal, noting the work carries important policy implications for upgrading national aviation infrastructure and delivering better public services.

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