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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Aboitiz Renewables named ASEAN’s top clean energy producer

Aboitiz Renewables Inc., the clean energy arm of Aboitiz Power Corp., has been voted Independent Power Producer of the Year at the Enlit Asia Power & Energy Awards 2026.

Alas Pilipinas men’s team battled South Korea broke

The Alas Pilipinas national men’s volleyball team put up a gallant stand before dropping a tight contest in straight sets, 16–25, 25–27, 22–25, to South Korea in their opening match of the 20th Asian Games Aichi-Nagoya on Sunday.

₱310.9M Nueva Vizcaya farm road breaks ground

The Department of Agriculture (DA) broke ground Sunday on the P310.9-million Pangawan–Banao farm-to-market road project in Nueva Vizcaya.

El Niño farm damage hits P6.87B; food costs set to rise

The Department of Agriculture (DA) reports initial damage from the ongoing El Niño has reached P6.87 billion, hitting crops and livelihoods across the country and raising concerns over food supply and consumer prices.

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