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 Philippine Economic Zone Authority (PEZA) will help Toyota Motor Philippines Corp. (TMP) pursue outstanding incentives under the Comprehensive Automotive Resurgence Strategy (CARS) program, as the government seeks to sustain automotive manufacturing investments despite softer export prospects this year.
Shares of Mynt Inc., the fintech operator behind the popular e-wallet GCash, posted a stable performance during its initial trading sessions on the Philippine Stock Exchange, closing slightly lower on its second day at P6.59 apiece compared to its offer price of P6.60.
Samuel Z. Cariño, president and chief executive officer of Global Dominion Financing Inc., has been named “Asia’s Most Inspiring Executive,” highlighting his career progression and the financing company’s efforts to widen credit access for Filipino entrepreneurs.
Filipino consumers are warming to artificial intelligence (AI)-powered customer service faster than their regional and global counterparts, creating opportunities for businesses to improve customer engagement while raising the stakes on transparency, data privacy and personalization.