Union Bank of the Philippines

Also known as UnionBank

UnionBank, one of the largest banks in the Philippines, reported a net income of P3.25 billion for the first half of 2025, marking a 35% drop from previous earnings due to higher costs but showing resilience through revenue growth and expanding its retail customer base to 18 million. The bank has also increased its bond program to P100 billion and merged with ATRAM Group to form the fourth-largest private asset management firm in the country, enhancing its digital leadership and investment expertise.

This is an AI-generated summary based on recent coverage.
Last updated at July 29, 2025.

Recent stories about UnionBank

'Les Misérables: World Tour Spectacular' debuts in Manila Jan 20-Feb 15, 2026

The 'Les Misérables: World Tour Spectacular' is set to debut in Manila from January 20 to February 15, 2026, marking the musical's 40th anniversary.
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UnionBank reports P3.25B H1 net income, 35% drop

Union Bank of the Philippines reported a net income of P3.25 billion in the first half of the year, marking a 35 percent drop from previous earnings due to higher one-time costs.
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GSIS signs MoA with Dragonpay for digital payments

The Government Service Insurance System (GSIS) has signed a memorandum of agreement with payment solutions provider Dragonpay to expand digital payment channels for its members and pensioners.
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UnionBank raises P16B from debt market for expansion

Union Bank of the Philippines has raised P16 billion from the domestic debt market, exceeding its initial target to support its expansion plans.
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SEC green-lights AboitizPower's P100B bond program

The Securities and Exchange Commission (SEC) has approved Aboitiz Power Corp.'s P100-billion bond program, allowing the energy firm to raise funds for refinancing existing debt.
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UnionDigital Bank to be more selective in lending

UnionDigital Bank, part of UnionBank, plans to be more selective in granting loans this year to maintain a low nonperforming loan (NPL) ratio while expanding its client base.
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Unionbank offers P10 billion bond issuance starting June 4

Unionbank announced it will offer at least P10 billion from its dual-tranche bond issuance, starting June 4 to 19.
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UnionBank launches P2M digital loan with instant cash disbursement

UnionBank launched a new personal digital loan service on Thursday, offering faster and more flexible processes with immediate cash disbursement upon approval without collateral or guarantor.
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UnionBank boosts bond program to P100B, plans multiple issuances

UnionBank of the Philippines increased its bond program to P100 billion on May 9 and plans multiple issuances, with the possibility of raising more funds from the debt market.
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UnionBank, ATRAM merge to form P485B asset management firm

The ATR Asset Management Group (ATRAM Group) and UnionBank have completed their merger of trust units, forming the fourth-largest private asset management firm in the Philippines with combined assets of about P485 billion.
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