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.
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...
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.
The National Food Authority is ramping up rice procurement, distribution, and facility upgrades as it marks 54 years, with Agriculture Secretary Francisco P. Tiu Laurel Jr. affirming the agency’s vital role in steady, affordable rice supply for Filipinos.
The National Telecommunications Commission (NTC) has launched enforcement proceedings against the country’s three major mobile network operators, imposing daily fines of P100,000 each over persistently poor mobile broadband performance in parts of Metro Manila.
Indonesia ranks among Duolingo’s five fastest-growing global markets by daily active user growth, reflecting huge national demand for language learning. CEO Luis von Ahn confirmed this during talks with Indonesian creator Raditya Dika at Duolingo’s New York office, saying “We’re very interested in the Indonesian market” and highlighting plans to expand English, Chinese, Japanese, Korean and other language courses for local users.