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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Smart expands network in La Trinidad, Benguet 

Smart Communications, Inc. is scaling up its mobile network infrastructure here to deliver faster, more reliable connectivity in a key commercial and agricultural center of the Cordillera Administrative Region.

Jollibee Group named inaugural ‘Global Growth Champion’ at Globie Awards

Jollibee Group has been honored as the first-ever Global Growth Champion at the inaugural Globie Awards, the official recognition program of the Global Restaurant Leadership Conference (GRLC), which gathers top executives from the worldwide restaurant and foodservice industry.

APECO seeks bigger budget to unlock P18B pipeline

The Aurora Pacific Economic Zone and Freeport Authority (APECO) is asking Congress for stronger budget support to keep an estimated P18 billion investment pipeline moving, warning that a sharp funding cut could undermine the economic zone’s ability to attract investors.

Clouted, OneLot put Philippine startups on map

Two Philippine startups are getting a bigger regional spotlight after Clouted and OneLot landed on Forbes Asia’s 2026 “100 to Watch” list, putting the country’s young tech ventures among Asia-Pacific’s emerging companies to watch.

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