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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Water could become a weapon against superbugs

Education, Health & Science 0
Water treatment usually sounds reassuringly dull: filters, pipes, perhaps a little chlorine doing its invisible housekeeping. Now, engineers are proposing something rather more dramatic—turning ordinary water into a chemistry lab capable of dismantling antibiotic-resistant bacteria and, crucially, the genetic material they leave behind.

DP World expands Southeast Asia logistics network with PH opening

Transport & Logistics 0
DP World is adding new logistics capacity across Southeast Asia as manufacturers and retailers race to make regional supply chains faster and more resilient, with facilities in the Philippines and Kuala Lumpur due to open later this year.

Philippines, Singapore modernize tax treaty to boost investment

Economy 0
The Philippines and Singapore have concluded negotiations to modernize their nearly five-decade-old tax treaty, potentially giving businesses greater certainty on cross-border transactions as economic ties between the two countries deepen.

Semirara cuts workforce as seawater threatens Acacia mine

Energy & Mining 0
Semirara Mining and Power Corp. is scaling back operations at its Acacia mine as rising seawater inflows strain pumping capacity and threaten access to the mine’s remaining coal reserves.

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