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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DA pushes local enoki mushroom production to cut imports, boost food security and exports

Agriculture 0
The Department of Agriculture (DA) is advancing import substitution efforts by supporting Basic Necessity Inc., a Filipino-owned firm building a state-of-the-art enoki mushroom facility in Silang, Cavite. This fully private-sector-funded venture aligns with President Ferdinand Marcos Jr.’s goals: localize key industries, grow agro-industry, create jobs, and ensure steady access to affordable, nutritious food.

Beyond purple: UPLB researchers identify top ube varieties to power global success

Agriculture 0
Ube has captured the world’s imagination—once a familiar backyard crop in Filipino homes, this purple yam now appears in cheesecakes in New York, croissants in Paris, and lattes in Sydney. But to turn viral popularity into lasting success, the Philippines needs more than buzz; it needs better ube. That is exactly what scientists at the University of the Philippines Los Baños (UPLB) set out to find.

Ayala Land sees cold storage demand driving warehouses

Transport & Logistics 0
Ayala Land Inc. (ALI) is seeing stronger leasing demand across its warehouse portfolio, with cold storage facilities emerging as a particularly bright spot as companies seek more temperature-controlled capacity.

Laoag, Caticlan, Siargao airports anchor tourism push

Transport & Logistics 0
Airport expansions in Laoag, Caticlan, and Siargao are taking center stage in a government push to improve transport links to the Philippines’ tourism destinations and support rising visitor demand.

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