Tag: UnionBank

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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.

UnionBank techs up Tagbilaran Bohol MSMEs with PalengQRPH

Communications & Technology Context.ph Context.ph -
Aboitiz-owned Union Bank of the Philippines (UnionBank) continues to support micro, small, and medium enterprises (MSMEs) by joining the launch of PalengQRPH at the Tagbilaran Market in Tagbilaran City, Bohol.

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Treasury bill yields ease as inflation hopes strengthen

Banking & Insurance 0
The Bureau of the Treasury fully awarded P50 billion worth of Treasury bills on Monday after robust investor demand drove borrowing costs lower across all tenors, signaling growing confidence that inflationary pressures may be easing despite lingering risks from energy prices.

STT GDC expands Philippine AI data center investments

Communications & Technology 0
ST Telemedia Global Data Centres (STT GDC) is accelerating its Philippine expansion, betting that surging demand for artificial intelligence and cloud computing will outweigh long-standing concerns over electricity costs and strengthen the country's position as a regional digital infrastructure hub.

Marcos’ SONA vow on nuclear energy hailed as key milestone for PH power future

Energy & Mining 0
President Ferdinand R. Marcos Jr.’s renewed support for nuclear energy during his 2026 State of the Nation Address is the strongest national backing for the power source since the Philippines adopted its nuclear energy roadmap, according to advocacy group Alpas Pinas.

SEC warns public vs fake PondoCash Facebook page

Corporate 0
The Securities and Exchange Commission (SEC) has cautioned the public about an unauthorized Facebook page using the name PondoCash.

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