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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Smart call-drop rate breaches NTC standard in Undas tests

Communications & Technology 0
Smart Communications recorded a 5.26 percent call-drop rate in government tests at Metro Manila bus terminals ahead of Undas, breaching the National Telecommunications Commission’s prescribed ceiling of less than 2 percent even as the regulator found generally strong mobile network performance.

Clark-led demand drives Pampanga property boom

Property 0
Pampanga’s property market is set for sustained growth as investments in Clark draw workers, migrants and homebuyers, driving housing demand faster than in neighboring Central Luzon provinces, according to Hausland Holdings Inc.

MICC seeks return of ancestral lands to Indigenous control

Energy & Mining 0
The Mining Industry Coordinating Council (MICC) is seeking to restore Indigenous Peoples’ control over ancestral lands after mining companies complete their operations and rehabilitation obligations, putting post-mining land rights at the center of proposed reforms.

Eala’s double faults prove costly in Toray

Sports & Entertainment 0
In tennis, sometimes the difference between victory and defeat is just one point. For Alex Eala, it was a double fault at precisely the wrong moment.

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