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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Pet parents demand clearer answers on food

The growing market for premium pet food is changing what Filipino pet parents expect from the brands filling their pets’ bowls, with ingredient lists alone increasingly no longer enough.

NBA and Salmon announce multi-year collaboration to deepen fan engagement in the Philippines

The National Basketball Association (NBA) and Salmon, a fast-growing financial technology company in the Philippines, today announced a multi-year marketing partnership that makes Salmon an Official Partner of the NBA in the Philippines.

Meralco bags 9 Quill Awards, reaffirms comms leadership

Meralco, led by Manuel V. Pangilinan, took home nine Excellence and Merit trophies at the 22nd Philippine Quill Awards, marking another strong showing in the country’s top business communication honors.

Aboitiz Foundation deepens ties with LMP and TESDA to scale community development and employment pathways

Aboitiz Foundation is deepening partnerships with the League of Municipalities of the Philippines (LMP) and the Technical Education and Skills Development Authority (TESDA) to expand education, livelihood, and sustainability programs nationwide.

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