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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Megawide to turn over affordable housing units under 4PH program

Megawide Dreamrise Residences Inc., an arm of listed firm Megawide Construction Corp., will turn over 500 housing units in Dasmariñas, Cavite, before the end of 2026, bringing much-needed affordable homes closer to many low-income Filipino families. These units form part of the 7,410 the company aims to complete under the government’s Expanded Pambansang Pabahay Para sa Pilipino, or 4PH Program, which pushes for modern, efficient socialized housing built with advanced construction methods.

Partners deliver free breast cancer screening in Bulacan 

This Teacher’s Month, AIA Philippines, The Medical City, ABS-CBN Foundation, and the DepEd Schools Division of San Jose del Monte launched the Hope Mobi Clinic, offering free breast cancer screening to 100 public school teachers in Bulacan. A formal Memorandum of Understanding signing solidified the partners’ shared goal of bringing breast health care closer to communities.

Philippines tourism set to miss pre-pandemic peak in 2028

The Philippines is expected to welcome 6.3 million international visitors by 2028, leaving arrivals nearly 2 million short of the pre-pandemic peak even as tourism across Asia-Pacific rebounds beyond 2019 levels.

NQX, Naga City strengthen PPP for jobs, skills and shared progress

NQX Philippines (formerly Quantrics) and Naga City Leni Robredo have reaffirmed public‑private collaboration as key to workforce development, community growth, and regional progress during a recent courtesy call at Naga City Hall.

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