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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TikTok, TESDA boost creator skills for Filipino livelihoods 

Communications & Technology 0
TikTok has partnered with the Technical Education and Skills Development Authority (TESDA)-National Capital Region to train aspiring content creators, entrepreneurs and job seekers, reflecting the growing role of the creator economy as a source of income and employment in the Philippines.

DTI warns against buying uncertified FLAVA vape products 

Education, Health & Science 0
The Department of Trade and Industry (DTI) has warned consumers against purchasing FLAVA, also marketed as XFLAVA, vape products, saying the items were smuggled into the country and are not authorized for sale or distribution in the Philippines.

Maynilad eyes long-term growth with infrastructure spending 

Corporate 0
Maynilad Water Services Inc. expects sustained investments in water and wastewater infrastructure to underpin its long-term growth after delivering stronger earnings and operational improvements in the first half of 2026.

Antitrust agency clears ABC Energy stake in Alternergy unit

Energy & Mining 0
The Philippine Competition Commission (PCC) has approved ABC Energy Inc.'s acquisition of a 40 percent minority stake in Alternergy Tanay Wind Corp. and Alabat Wind Power Corp., ruling that the transaction is unlikely to lessen competition in the country's fast-growing renewable energy sector.

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