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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Third NSCR trainset arrives, keeping flagship railway project on track for 2027 partial launch

Transport & Logistics 0
The Department of Transportation (DOTr) confirmed Wednesday that the North-South Commuter Railway (NSCR) program remains on schedule, as another key rolling stock unit arrived in the Philippines.

Globe inveils latest Blueprint: Personalized connectivity, rewards and lifestyle brands

Communications & Technology 0
Globe has launched its latest edition of The Blueprint this August, rolling out new technologies, strategic partnerships and enhanced customer experiences designed to make every digital interaction more meaningful, convenient and tailored to individual needs. Building on two earlier 2026 editions that centered on connectivity as a foundation for work, learning, earning and staying connected, this latest phase shifts focus from simple access to unlocking greater value—through easier service access, relevant offers, added benefits and experiences built around what customers truly enjoy.

Over 1,000 Southern Leyte students join BSP-backed financial inclusion drive, 528 new accounts opened

Corporate Bulletins 0
More than 1,000 students took part in an onboarding event for the Youth Financial Inclusion Initiative held on 20 August 2026 at Southern Leyte State University in Sogod, Southern Leyte, where 528 transaction accounts were successfully opened. Led by Visayas-based Youth Financial Inclusion Ambassadors in collaboration with the Bangko Sentral ng Pilipinas, this marked the second account-opening drive in the region under the Youth Financial Inclusion Ambassadors Program, building on the inaugural August 2025 activity that registered 551 new accounts at the same institution.

Megaworld targets 12,000 hotel rooms by 2032

Property 0
Megaworld is accelerating its hospitality expansion, targeting nearly 12,000 hotel rooms by 2032 as it moves deeper into some of the Philippines’ fastest-growing tourism destinations, including Palawan and Ilocos Norte.

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