Topic

Union Bank of the Philippines

UnionBank

Union Bank of the Philippines, known for its financial innovations and community engagement, recently expanded its operations with a new branch in Cebu City and raised P16 billion through a successful bond offering. The bank also merged its trust unit with ATRAM Group to form the fourth-largest private asset management firm in the country. Despite a drop in net income, UnionBank remains focused on growth, resilience, and contributing to the nation's economic development.

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This is an AI-generated summary based on recent coverage. It was last updated on Fri, September 12, 2025 at 5:17 AM

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Recent developments on Union Bank of the Philippines

Thu, September 11, 2025 at 2:21 PM

Ayala Corp ranks highest among PH firms in World's Best Companies 2025 list

Ayala Corporation has once again been recognized as the leading Philippine company in TIME and Statista's World's Best Companies 2025, achieving its highest global ranking to date at 210th.

Wed, September 3, 2025 at 10:08 PM

AEV embeds sustainability into business strategy

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Thu, August 28, 2025 at 2:41 PM

SSS projects net income to exceed PHP100B in 2025

The Social Security System (SSS) anticipates its net income to surpass PHP100 billion in 2025, projecting a year-on-year growth of 38 to 43 percent.

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.

Tue, July 8, 2025 at 3:26 PM

UnionBank summit equips leaders for AI, digitalization challenges

UnionBank hosted the 'NextGen Advantage' summit to showcase its Institutional Banking proposition and empower industry leaders to navigate the evolving business landscape.

Wed, June 25, 2025 at 9:35 AM

UnionBank raises P16B from bond offering

Union Bank of the Philippines successfully raised P16 billion through a dual-tranche peso bond offering, exceeding its P10 billion plan.

Wed, June 4, 2025 at 9:03 AM

UnionBank opens P10B bond offer with 5.88%-6.02% rates

Union Bank of the Philippines (UnionBank) has opened its offer period for a dual-tranche senior fixed-rate bond issuance, aiming to raise capital as part of its larger P100-billion bond program.