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.
Philippine manufacturing accelerated sharply in August, posting its strongest production growth in nearly a decade as stronger demand, recovering exports, and renewed hiring pointed to a broader industrial recovery.
The Bureau of Internal Revenue (BIR) destroyed 240,550 illicit vape products with an estimated tax liability of P1.539 billion, underscoring the revenue at stake as authorities widen their crackdown from retail outlets to warehouses.
Department of Public Works and Highways (DPWH) and NLEX Corp. work on long-term engineering solutions to prevent severe flooding from repeatedly disrupting the North Luzon Expressway in San Simon, Pampanga.
FedEx has appointed logistics veteran Garrick Thompson as its new managing director for the Philippines, bringing back an executive with nearly two decades of experience at the global courier and logistics company.