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.
Aboitiz-owned Union Bank of the Philippines (UnionBank) continues to support micro, small, and medium enterprises (MSMEs) by joining the launch of PalengQRPH at the Tagbilaran Market in Tagbilaran City, Bohol.
The Philippine automotive industry endured a slower first half of 2026, but a sharp June rebound and accelerating demand for electrified vehicles are providing momentum for a stronger second half.
Global cybersecurity leader Fortinet, listed on the NASDAQ as FTNT, has rolled out new features for its unified endpoint platform FortiEndpoint, designed to help organizations adopt artificial intelligence safely, protect sensitive information, and lower overall security risk.
For years, anyone setting up a premium home entertainment system had to choose between the deep contrast of OLED displays and the large size and vivid output of high-end LCD screens.
More young Filipinos are turning to digital banking not only for payments and fund transfers but also as their preferred tool for building savings, signaling a broader transformation in financial habits driven by mobile technology and greater financial inclusion.