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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Philippines leads ASEAN push to cut trade barriers

The Philippines is using its 2026 ASEAN chairship to push a more predictable regional trading environment, with lower trade barriers, faster customs processes and deeper digital integration emerging as priorities for businesses across Southeast Asia.

Starlink seeks NTC nod for two data transmission roles under Konektadong Pinoy rules

Starlink Internet Services Philippines Inc. has filed applications with the National Telecommunications Commission (NTC) to operate in two key data transmission segments: Core/Backbone Network Provider and International Gateway Facility Provider.

DigiPlus turns first Brazil revenue; maps more expansion beyond Asia

DigiPlus Interactive Corp. has started generating revenues from its Brazil operations, marking a key milestone in the firm’s push beyond Asia.

Aznar Shipping earmarks P504M for 2 RoRo vessels in 2027

CEBU-BASED Aznar Shipping Corp. will invest P504 million to acquire two new roll-on/roll-off passenger vessels next year, backed by proceeds from its planned initial public offering.

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