Topic

Union Bank of the Philippines

UnionBank

Union Bank of the Philippines (UnionBank) is a major financial institution in the country, known for its recent initiatives such as launching a new EMV-enabled debit card for SSS members, expanding its branch network, and raising significant capital through bond offerings. The bank has also faced challenges, including a decline in net income due to increased costs, but continues to grow its revenue through expanded credit and personal loan services. UnionBank remains committed to supporting economic development and innovation in banking across the Philippines.

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This is an AI-generated summary based on recent coverage. It was last updated on Tue, November 18, 2025 at 6:12 PM

Latest Stories

Recent developments on Union Bank of the Philippines

Mon, October 27, 2025 at 11:35 AM

UnionBank net income down 24.4% to P6.5 billion in first nine months

UnionBank reported a net income of P6.5 billion for the first nine months of 2025, a 24.4% decrease from P8.6 billion a year ago.

Mon, October 6, 2025 at 12:00 AM

Nomura sees 60% chance of BSP 4th consecutive rate cut

Nomura Global Markets Research forecasts that the Bangko Sentral ng Pilipinas (BSP) may implement a fourth consecutive 25 basis point (bps) rate cut on Thursday, October 9th, to support the economy amid benign inflation.

Wed, October 1, 2025 at 2:05 PM

SSS launches new EMV MySSS card for loans and ID

The Social Security System (SSS) has introduced a new EMV-enabled MySSS card that functions as a debit card for loan disbursement and a valid ID.

Sun, September 28, 2025 at 1:45 PM

SSS partners with Union Bank for new micro-lending program

The Social Security System (SSS) has partnered with Union Bank of the Philippines to launch SSS LoanLite, a new micro-lending program aimed at providing affordable and accessible credit to SSS members.

Mon, September 15, 2025 at 9:00 PM

COL Financial suggests buying banking and property stocks amid slower corporate earnings

COL Financial advises investors to buy banking and property stocks on dips, as these sectors defied generally disappointing corporate earnings in the second quarter.

Thu, September 11, 2025 at 2:21 PM

Ayala Corp ranks 210th globally, leads PH firms for 3rd year

Ayala Corporation ranked 210th globally, leading all Philippine companies for the third consecutive year in TIME and Statista's World's Best Companies 2025 list.

Mon, July 28, 2025 at 1:57 PM

Les Misérables spectacular to premiere in Manila January 2026

The acclaimed "Les Misérables: World Tour Spectacular," an epic reimagining of the famed musical, will premiere in Manila in January 2026 at The Theatre at Solaire.

Mon, July 28, 2025 at 9:27 AM

UnionBank net income drops 36% amid higher costs

Union Bank of the Philippines reported a 35.9% decline in its first-semester net income, settling at P3.251 billion, primarily due to increased one-time costs and higher credit provisions.

Thu, July 17, 2025 at 2:00 PM

GSIS partners with Dragonpay for digital payments

The Government Service Insurance System (GSIS) has partnered with payment solutions provider Dragonpay to expand its digital payment channels for members and pensioners.

Wed, July 16, 2025 at 11:40 AM

UnionBank opens new Cebu City branch at Aboitiz Corporate Center

UnionBank has inaugurated a new branch in Cebu City, located at the Aboitiz Corporate Center, aiming to bolster financial accessibility and provide innovative banking services.