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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Partnership boosts fraud protection and compliance for Filipino seafarers’ digital payments

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Global compliance technology firm Sumsub has partnered with Philippine seafarer‑focused digital payments platform MarCoPay to boost customer onboarding, continuous compliance checks and real‑time transaction monitoring under the Anti‑Financial Account Scamming Act (AFASA).

PCCI honors two Filipino innovations at 2026 Alfredo M. Yao Innovation Awards

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Two home‑grown Filipino breakthroughs focused on healthcare access and sustainable sanitation have been recognized at this year’s Alfredo M. Yao (AMY) Innovation Awards, held at the Manila Hotel during the 52nd Philippine Business Conference and Expo. Organized by the Philippine Chamber of Commerce and Industry, the annual awards highlight socially relevant inventions from student and professional innovators that can drive national economic development.

LRMC opens 24‑hour park‑and‑ride at LRT‑1 Dr. Santos Station to boost rail commuter shift

Transport & Logistics 0
The Light Rail Manila Corp. (LRMC), private operator of the Light Rail Transit Line 1, has launched a round‑the‑clock parking facility at Dr. Santos Station in Parañaque City, a key commuter incentive designed to encourage motorists to switch from private cars to public rail transport.

BPI Wealth launches corporate PERA to expand workplace retirement savings for Filipinos

Banking & Insurance 0
BPI Wealth, the wealth management division of Bank of the Philippine Islands, has rolled out the BPI Corporate Personal Equity and Retirement Account or PERA, a workplace‑based retirement benefit introduced during the “Building Better Futures 2026: Retirement in the Age of Longevity, A New Leadership Imperative” event as part of the firm’s Wealth Wellness Month.

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