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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GCash upbeat on GStocks PH growth amid retail investor surge

GCash is bullish on GStocks PH’s outlook as more Filipinos turn to digital investing. Wealth Management General Manager Darvin Sy Su said the platform draws strong interest from first-time investors, with the focus now converting that early engagement into regular investing habits.

EastWest showcases business banking support at Asia Food and FIM Expo PH 2026

EastWest joined as a main exhibitor at the Asia Food and FIM Expo PH 2026, connecting directly with food and beverage leaders, business owners, and aspiring entrepreneurs at the World Trade Center Manila. Held September 9–12, the event gathered 161 industry players from home and abroad, highlighting innovations in packaging, labeling, and automated processing that meet strict quality and safety standards.

Reliable fiber connectivity keeps work, family, and daily life running smoothly

Elgie Rañosa’s work does not end when she steps out of her Legazpi City clinic. As a lab manager, she still needs to coordinate with patients and follow up on tasks after hours, while also helping her grandchildren with schoolwork and finding time to relax through shows, social media, or catching up on news.

VP Duterte’s business interests raise constitutional knot

Senator-judge Raffy Tulfo asked a deceptively simple question during Vice President Sara Duterte’s impeachment trial: Why did no one in her legal orbit tell her to divest from her businesses before she took her oath?

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