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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BCDA pushes BGC, Camp John Hay masterplans

The Bases Conversion and Development Authority (BCDA) is pushing ahead with updated masterplans for Bonifacio Global City (BGC) and Camp John Hay, with key decisions on both estates expected before the end of the year.

Alaska Milk names Marj Garrovillo new managing director

Alaska Milk Corp. is turning to a veteran Filipino executive to lead its next phase of growth as the dairy company seeks to strengthen its brands, expand opportunities, and deepen its role in affordable nutrition.

Espanol sparks Gilas comeback, books 3×3 World Cup ticket

Amyah Izabel Espanol saved her best six points for when Gilas Pilipinas U23 Women needed them most. On a Sunday.

Clark manufacturing hub seeks long-term Pax Silica commitments

The Philippines is seeking long-term investment commitments for a planned advanced manufacturing hub in Clark to ensure the project survives potential policy shifts after presidential elections in the Philippines and the US.

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