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.
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.
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.
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.
Manila and Cebu City lost ground in the 2026 Global Tourism City Attractiveness Index, underscoring the challenge facing the Philippines as Southeast Asian rivals strengthen their appeal to international travelers.
Cebu Pacific has introduced a special seat sale for flights departing from Manila and Clark to selected domestic locations, in support of the Department of Tourism’s “Discover More, Love More” campaign. The promotion seeks to make air travel more affordable and accessible, encouraging both Filipinos and international visitors to explore the country’s varied tourism spots and look beyond well-known destinations, while also helping local communities and related businesses.
Globe is expanding vital healthcare access for vulnerable communities through its long-running partnership with the PGH Medical Foundation, Inc. (PGH MFI). Serving over 600,000 patients yearly including charity cases, newborns and emergency cases, Philippine General Hospital is often the only option for low-income Filipinos needing life-saving treatment.
Thousands of volunteers across the country came together for Brigada Eskwela 2026 to get public schools ready for the opening of classes, cleaning facilities, repainting areas, tending gardens and carrying out small repairs. Over 600 BDO employees took part in the effort, donating paint, supplies and vegetable seedlings to support work at six partner schools spanning Metro Manila, Isabela, Misamis Oriental and Negros Oriental. Education officials praised the initiative as proof that the Filipino spirit of bayanihan remains strong, noting the contributions bring hope to learners. BDO representatives thanked school communities and volunteers, adding that the bank’s long-running support for the program reflects how collective action helps build better learning spaces for Filipino youth.