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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Meralco advances nuclear push with SMR feasibility study, partnering global and local experts

Energy & Mining 0
The Manila Electric Co. (Meralco) and its power generation arm Meralco PowerGen Corp. (MGEN) are moving forward in their pursuit of nuclear energy, launching a comprehensive feasibility study for small modular reactors (SMRs) that could reshape the country’s power supply for both the industry and consumers.

Metro Pacific Water to pour P23 billion into PH, Vietnam projects over 5 years

Corporate 0
Metro Pacific Water (MPW) plans to invest up to P23 billion over the next five years to upgrade and expand water services across the Philippines and Vietnam, the firm announced Tuesday.

Meralco secures lowest bids for 600MW supply; three power firms win capacity shares

Energy & Mining 0
The Manila Electric Company (Meralco) has locked in the most competitive bids for its 600-megawatt power supply requirement under the government-mandated Competitive Selection Process (CSP), marking a key milestone in securing long-term, cost-effective electricity for its customers.

Metro Manila air quality drops to unhealthy levels across all stations due to Indonesia haze 

Environment 0
The Department of Environment and Natural Resources — Environmental Management Bureau (DENR-EMB) confirmed Tuesday that fine particulate matter (PM2.5) reached unhealthy levels at every monitoring station in Metro Manila, driven by smoke and haze from ongoing forest fires in Kalimantan, Indonesia carried here by prevailing winds.

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