Tag: UnionBank

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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.

UnionBank techs up Tagbilaran Bohol MSMEs with PalengQRPH

Communications & Technology Context.ph Context.ph -
Aboitiz-owned Union Bank of the Philippines (UnionBank) continues to support micro, small, and medium enterprises (MSMEs) by joining the launch of PalengQRPH at the Tagbilaran Market in Tagbilaran City, Bohol.

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Slower bank lending, softer liquidity point to cautious economy 

Economy 0
The engine powering the nation's money supply in June slowed its pace as both corporate and individual borrowers took a step back. Growth in loans from universal and commercial banks eased to 9.8 percent year-on-year, down from a faster 12.1 percent sprint in May.

HashMicro rolls out AI OS for Philippine enterprises 

Communications & Technology 0
Enterprise software provider HashMicro has launched an artificial intelligence (AI) operating system in the Philippines, betting that businesses are ready to move beyond experimenting with AI and begin embedding it into core operations.

Ronald McDonald House opens 57th preschool center

Education, Health & Science 0
Ronald McDonald House Charities (RMHC) Philippines has expanded its early childhood education program with the opening of its 57th Ronald McDonald Bahay Bulilit Learning Center in Marikina City, reinforcing efforts to improve preschool access for children in underserved communities.

Ayala boosts Ayala Land stake with P2.38B buyback

Corporate 0
Ayala Corp. has accelerated its accumulation of Ayala Land Inc. (ALI) shares, spending about P2.38 billion to acquire 141.55 million common shares through market purchases disclosed between July 16 and July 31, reinforcing its confidence in the property giant's long-term prospects while taking advantage of what it believes is an undervalued share price.

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