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 government is stepping up preparations for the expected impact of Super El Niño, rolling out measures to protect farms, water supplies, power systems and communities from extreme heat and prolonged drought.
The Philippines is punching above its weight in innovation, delivering relatively strong results despite weaker underlying inputs, according to the 2026 Global Innovation Index (GII).
Meralco PowerGen Corp. (MGen) and PLDT Group’s VITRO REIT Inc. have signed a memorandum of understanding to jointly study and build sustainable, power-integrated digital infrastructure across the Philippines, the firms announced Wednesday.
The Philippine Chamber of Telecommunication Operators (PCTO) has expressed serious concerns over recent sanctions handed down by the National Telecommunications Commission (NTC) against major telecommunications firms, citing issues with fairness, clarity of standards, and potential impact on service improvements.